Leon Cooperman - Omega Advisors

Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    40
Portfolio value:    $2,998,732,095

Holdings Activity Buys Sells History

History	Stock	Activity ▼	Share change	% change to portfolio
	Q1 2026
☰	OMF - OneMain Holdings, Inc.	Add 186.43%	1,305,000	2.33
☰	EWJ - iShares MSCI Japan ETF	Add 42.01%	6,010	0.02
☰	PLGO - Pelagos Insurance Capital Limit	Add 13.39%	942,597	0.60
☰	LAD - Lithia Motors, Inc.	Add 7.05%	22,398	0.19
☰	STKL-OLD - SunOpta Inc	Add 2.72%	246,700	0.05
☰	TDAY - USA TODAY Co., Inc.	Add 1.74%	107,150	0.03
☰	MANU - Manchester United plc	Add 0.34%	10,000	0.01
☰	FOA - Finance of America Companies Inc.	Add 0.00%	28	0.00
☰	COF - Capital One Financial Corp.	Buy	370,000	2.25
☰	AMZN - Amazon.com, Inc.	Buy	169,500	1.18
☰	HSPT-OLD - Horizon Space Acquisition II Corp	Buy	1,100	0.00
	Q4 2025
☰	OXY - Occidental Petroleum Corp.	Add 107.41%	362,500	0.50
☰	STKL-OLD - SunOpta Inc	Add 35.79%	2,386,191	0.30
☰	KBR - KBR, Inc.	Add 21.43%	375,000	0.50
☰	GEHC - GE HealthCare Technologies Inc.	Add 11.67%	70,000	0.19
☰	PLGO - Pelagos Insurance Capital Limit	Add 5.69%	379,282	0.25
☰	TDAY - USA TODAY Co., Inc.	Add 5.07%	297,602	0.05
☰	EPD - Enterprise Products Partners L.P.	Add 3.79%	50,120	0.05
☰	MANU - Manchester United plc	Add 2.25%	64,199	0.03
☰	ET - Energy Transfer LP	Add 1.72%	225,100	0.12
☰	RKT - Rocket Companies, Inc.	Buy	21,016,600	13.50
	Q3 2025
☰	DMAC - DiaMedica Therapeutics Inc.	Add 98.17%	1,619,761	0.27
☰	CI - The Cigna Group	Add 53.30%	113,000	1.02
☰	GEHC - GE HealthCare Technologies Inc.	Add 50.00%	200,000	0.47
☰	ELV - Elevance Health, Inc.	Add 21.36%	60,000	0.61
☰	MIR - Mirion Technologies, Inc.	Add 17.66%	1,258,441	0.91
☰	PLGO - Pelagos Insurance Capital Limit	Add 14.75%	856,413	0.49
☰	SUN - Sunoco LP	Add 10.20%	150,000	0.23
☰	EPD - Enterprise Products Partners L.P.	Add 4.42%	56,000	0.05
☰	AESI - Atlas Energy Solutions Inc.	Add 3.96%	204,268	0.07
☰	STKL-OLD - SunOpta Inc	Add 2.46%	160,058	0.03
☰	FOA - Finance of America Companies Inc.	Add 0.83%	10,628	0.01
☰	MANU - Manchester United plc	Add 0.64%	18,140	0.01
☰	TDAY - USA TODAY Co., Inc.	Add 0.40%	23,151	0.00
☰	AMRZ - Amrize Ltd	Buy	880,000	1.33
☰	OXY - Occidental Petroleum Corp.	Buy	337,500	0.50
	Q2 2025
☰	SUN - Sunoco LP	Add 415.79%	1,185,000	2.23
☰	OMF - OneMain Holdings, Inc.	Add 28.12%	250,000	0.50
☰	MSI - Motorola Solutions, Inc.	Add 22.73%	25,000	0.37
☰	PLGO - Pelagos Insurance Capital Limit	Add 20.97%	1,006,278	0.59
☰	TDAY - USA TODAY Co., Inc.	Add 14.65%	746,858	0.09
☰	STKL-OLD - SunOpta Inc	Add 6.72%	409,720	0.08
☰	EPD - Enterprise Products Partners L.P.	Add 6.39%	76,100	0.08
☰	FOA - Finance of America Companies Inc.	Add 6.09%	73,225	0.06
☰	KBR - KBR, Inc.	Add 4.17%	70,000	0.12
☰	FISV - Fiserv, Inc.	Add 2.63%	10,000	0.06
☰	DMAC - DiaMedica Therapeutics Inc.	Add 1.54%	25,000	0.00
☰	MIR - Mirion Technologies, Inc.	Add 1.42%	100,000	0.08
☰	RRX - Regal Rexnord Corp.	Add 1.38%	10,000	0.05
☰	ELV - Elevance Health, Inc.	Add 0.90%	2,500	0.03
☰	ET - Energy Transfer LP	Add 0.73%	95,000	0.06
☰	ASH - Ashland Inc.	Add 0.35%	5,849	0.01
☰	AESI - Atlas Energy Solutions Inc.	Buy	5,162,095	2.43
☰	GEHC - GE HealthCare Technologies Inc.	Buy	400,000	1.04
☰	AVBP - Arrivent Biopharma Inc	Buy	421,278	0.32
	Q1 2025
☰	OMF - OneMain Holdings, Inc.	Add 187.70%	580,000	1.13
☰	RRX - Regal Rexnord Corp.	Add 35.56%	190,365	0.86
☰	PLGO - Pelagos Insurance Capital Limit	Add 27.53%	1,036,019	0.67
☰	ASH - Ashland Inc.	Add 16.56%	240,686	0.57
☰	KBR - KBR, Inc.	Add 14.96%	218,598	0.43
☰	FOA - Finance of America Companies Inc.	Add 11.16%	120,692	0.10
☰	MSI - Motorola Solutions, Inc.	Add 10.00%	10,000	0.17
☰	MANU - Manchester United plc	Add 9.15%	238,032	0.12
☰	STKL-OLD - SunOpta Inc	Add 9.09%	507,990	0.10
☰	TDAY - USA TODAY Co., Inc.	Add 6.03%	289,867	0.03
☰	VRT - Vertiv Holdings Co	Add 2.75%	57,789	0.17
☰	ET - Energy Transfer LP	Add 2.69%	340,000	0.25
☰	SUN - Sunoco LP	Buy	285,000	0.66
	Q4 2024
☰	ELV - Elevance Health, Inc.	Add 62.81%	107,400	1.50
☰	VGIT - Vanguard Intermediate-Term Treasury Index Fund ETF Shares	Add 35.93%	6,616	0.01
☰	ASH - Ashland Inc.	Add 33.35%	363,465	0.98
☰	WSC - WillScot Holdings Corp.	Add 10.45%	381,516	0.48
☰	DMAC - DiaMedica Therapeutics Inc.	Add 7.49%	113,261	0.02
☰	PLGO - Pelagos Insurance Capital Limit	Add 7.47%	261,693	0.18
☰	MP - MP Materials Corp.	Add 3.90%	135,000	0.08
☰	MANU - Manchester United plc	Add 3.15%	79,393	0.05
☰	FOA - Finance of America Companies Inc.	Add 3.00%	31,480	0.03
☰	TDAY - USA TODAY Co., Inc.	Add 2.65%	124,002	0.02
☰	STKL-OLD - SunOpta Inc	Add 1.87%	102,380	0.03
☰	KBR - KBR, Inc.	Buy	1,461,402	3.20
☰	LVS - Las Vegas Sands Corp.	Buy	1,500,000	2.92
☰	EFA - iShares MSCI EAFE ETF	Buy	57,453	0.16
☰	IEUR - iShares Core MSCI Europe ETF	Buy	38,388	0.08
☰	EWJ - iShares MSCI Japan ETF	Buy	14,305	0.04
☰	EWC - iShares MSCI Canada ETF	Buy	12,531	0.02
☰	EPP - iShares MSCI Pacific ex Japan ETF	Buy	7,610	0.01
	Q3 2024
☰	OMF - OneMain Holdings, Inc.	Add 411.54%	248,848	0.50
☰	FOA - Finance of America Companies Inc.	Add 58.00%	385,435	0.19
☰	SE - Sea Ltd.	Add 35.86%	86,058	0.35
☰	ELV - Elevance Health, Inc.	Add 31.54%	41,000	0.91
☰	EPD - Enterprise Products Partners L.P.	Add 30.00%	275,000	0.34
☰	PLGO - Pelagos Insurance Capital Limit	Add 27.46%	754,543	0.58
☰	MANU - Manchester United plc	Add 21.24%	441,943	0.30
☰	TDAY - USA TODAY Co., Inc.	Add 17.20%	687,317	0.16
☰	ASH - Ashland Inc.	Add 10.99%	107,953	0.40
☰	DMAC - DiaMedica Therapeutics Inc.	Add 7.98%	111,739	0.02
☰	STKL-OLD - SunOpta Inc	Add 3.93%	207,296	0.06
☰	ABR - Arbor Realty Trust, Inc.	Add 3.36%	80,000	0.05
☰	ET - Energy Transfer LP	Add 3.15%	387,200	0.26
☰	ADT - ADT Inc.	Add 2.83%	175,596	0.05
☰	MP - MP Materials Corp.	Add 1.17%	40,000	0.03
☰	WSC - WillScot Holdings Corp.	Add 1.16%	42,000	0.07
☰	MIR - Mirion Technologies, Inc.	Add 0.31%	25,000	0.01
	Q2 2024
☰	PHX - Phx Minerals Inc	Add 3388.36%	303,258	0.04
☰	DMAC - DiaMedica Therapeutics Inc.	Add 58.44%	516,377	0.06
☰	KBR - KBR, Inc.	Add 45.45%	250,000	0.68
☰	MP - MP Materials Corp.	Add 42.71%	1,025,000	0.55
☰	PLGO - Pelagos Insurance Capital Limit	Add 36.52%	735,000	0.51
☰	WSC - WillScot Holdings Corp.	Add 20.75%	620,000	0.98
☰	RRX - Regal Rexnord Corp.	Add 16.67%	100,000	0.57
☰	LVS - Las Vegas Sands Corp.	Add 14.50%	190,000	0.35
☰	FOA - Finance of America Companies Inc.	Add 10.76%	64,580	0.01
☰	MANU - Manchester United plc	Add 8.78%	167,874	0.11
☰	MIR - Mirion Technologies, Inc.	Add 6.48%	486,600	0.22
☰	STKL-OLD - SunOpta Inc	Add 5.91%	294,665	0.07
☰	ET - Energy Transfer LP	Add 1.76%	212,500	0.15
☰	ADT - ADT Inc.	Add 0.89%	54,600	0.02
☰	TDAY - USA TODAY Co., Inc.	Add 0.67%	26,621	0.01
☰	PARA - Paramount Global	Buy	1,025,000	0.45
☰	PNSTQ - Pinstripes Holdings Inc	Buy	68,824	0.01
	Q1 2024
☰	VGIT - Vanguard Intermediate-Term Treasury Index Fund ETF Shares	Add 337.19%	19,304	0.05
☰	ADT - ADT Inc.	Add 98.39%	3,050,000	0.85
☰	MANU - Manchester United plc	Add 22.75%	354,397	0.21
☰	VGK - Vanguard FTSE Europe ETF	Add 22.47%	4,531	0.01
☰	LVS - Las Vegas Sands Corp.	Add 7.38%	90,000	0.19
☰	DTM - DT Midstream, Inc.	Add 5.80%	34,770	0.09
☰	TDAY - USA TODAY Co., Inc.	Add 3.12%	120,000	0.01
☰	PLGO - Pelagos Insurance Capital Limit	Add 2.35%	46,165	0.04
☰	ASH - Ashland Inc.	Add 2.29%	21,982	0.09
☰	MP - MP Materials Corp.	Add 0.33%	7,800	0.00
☰	KBR - KBR, Inc.	Buy	550,000	1.46
☰	SE - Sea Ltd.	Buy	240,000	0.54
☰	PHX - Phx Minerals Inc	Buy	8,950	0.00
	Q4 2023
☰	PLGO - Pelagos Insurance Capital Limit	Add 115.66%	1,054,567	0.64
☰	MANU - Manchester United plc	Add 67.70%	629,020	0.61
☰	RRX - Regal Rexnord Corp.	Add 29.13%	135,334	0.95
☰	LVS - Las Vegas Sands Corp.	Add 22.00%	220,000	0.52
☰	DTM - DT Midstream, Inc.	Add 13.21%	70,000	0.18
☰	EPD - Enterprise Products Partners L.P.	Add 12.46%	101,535	0.13
☰	ELV - Elevance Health, Inc.	Add 10.04%	11,860	0.27
☰	IEUR - iShares Core MSCI Europe ETF	Add 9.92%	3,466	0.01
☰	WSC - WillScot Holdings Corp.	Add 9.63%	262,500	0.56
☰	FISV - Fiserv, Inc.	Add 7.87%	35,000	0.22
☰	MP - MP Materials Corp.	Add 6.60%	148,200	0.14
☰	STKL-OLD - SunOpta Inc	Add 2.79%	135,309	0.04
☰	MIR - Mirion Technologies, Inc.	Add 1.53%	113,400	0.06
☰	ET - Energy Transfer LP	Add 1.24%	147,800	0.10
☰	FOA - Finance of America Companies Inc.	Add 1.14%	6,778	0.00
☰	VOO - Vanguard S&P 500 ETF	Add 0.95%	427	0.01
☰	DMAC - DiaMedica Therapeutics Inc.	Add 0.87%	7,630	0.00
☰	TDAY - USA TODAY Co., Inc.	Add 0.86%	33,000	0.00
☰	LAD - Lithia Motors, Inc.	Add 0.26%	1,085	0.02
☰	FLCA - Franklin FTSE Canada ETF	Buy	5,750	0.01
	Q3 2023
☰	LVS - Las Vegas Sands Corp.	Add 100.00%	500,000	1.20
☰	PLGO - Pelagos Insurance Capital Limit	Add 99.15%	453,947	0.35
☰	ELV - Elevance Health, Inc.	Add 96.90%	58,140	1.32
☰	DTM - DT Midstream, Inc.	Add 76.67%	230,000	0.64
☰	STKL-OLD - SunOpta Inc	Add 21.24%	849,691	0.15
☰	WSC - WillScot Holdings Corp.	Add 21.11%	475,000	1.03
☰	FOA - Finance of America Companies Inc.	Add 1.15%	6,771	0.00
☰	MP - MP Materials Corp.	Add 0.74%	16,500	0.02
☰	MANU - Manchester United plc	Buy	929,078	0.96
☰	MSGS - Madison Square Garden Sports Corp.	Buy	20,000	0.18
☰	IJH - iShares Core S&P Mid-Cap ETF	Buy	6,650	0.02
	Q2 2023
☰	SCHO - Schwab Short-Term Us Treas	Add 98.88%	13,786	0.02
☰	C - Citigroup Inc.	Add 77.22%	305,000	0.76
☰	EWJ - iShares MSCI Japan ETF	Add 63.26%	5,543	0.02
☰	ABR - Arbor Realty Trust, Inc.	Add 25.73%	707,000	0.57
☰	STKL-OLD - SunOpta Inc	Add 25.33%	808,406	0.29
☰	MIR - Mirion Technologies, Inc.	Add 14.75%	951,427	0.44
☰	WSC - WillScot Holdings Corp.	Add 12.50%	250,000	0.65
☰	ET - Energy Transfer LP	Add 8.30%	912,500	0.63
☰	ADT - ADT Inc.	Add 3.33%	100,000	0.03
☰	TDAY - USA TODAY Co., Inc.	Add 1.21%	45,626	0.01
☰	LAD - Lithia Motors, Inc.	Add 1.03%	4,247	0.07
☰	DMAC - DiaMedica Therapeutics Inc.	Add 0.87%	7,580	0.00
☰	FOA - Finance of America Companies Inc.	Add 0.22%	1,294	0.00
☰	MP - MP Materials Corp.	Add 0.11%	2,500	0.00
☰	ELV - Elevance Health, Inc.	Buy	60,000	1.45
☰	DTM - DT Midstream, Inc.	Buy	300,000	0.81
☰	PLGO - Pelagos Insurance Capital Limit	Buy	457,844	0.34
☰	PNSTQ - Banyan Acquisition Corp	Buy	275,295	0.16
☰	OBDC - Blue Owl Capital Corp.	Buy	12,000	0.01
	Q1 2023
☰	ADT - ADT Inc.	Add 263.64%	2,175,000	0.95
☰	VGK - Vanguard FTSE Europe ETF	Add 68.41%	8,190	0.03
☰	PXD - Pioneer Natural Resources Co	Add 58.67%	108,546	1.33
☰	EWJ - iShares MSCI Japan ETF	Add 48.13%	2,847	0.01
☰	EFC - Ellington Financial Inc	Add 44.81%	200,000	0.15
☰	TDAY - USA TODAY Co., Inc.	Add 30.69%	885,581	0.10
☰	WBD - Warner Bros. Discovery, Inc.	Add 16.93%	71,947	0.07
☰	ASH - Ashland Inc.	Add 10.10%	88,100	0.55
☰	ET - Energy Transfer LP	Add 9.64%	967,496	0.73
☰	ABR - Arbor Realty Trust, Inc.	Add 9.35%	235,000	0.16
☰	DMAC - DiaMedica Therapeutics Inc.	Add 6.88%	55,905	0.01
☰	VRT - Vertiv Holdings Co	Add 6.48%	190,000	0.16
☰	STKL-OLD - SunOpta Inc	Add 5.19%	157,329	0.07
☰	FOA - Finance of America Companies Inc.	Add 5.05%	28,152	0.02
☰	EPD - Enterprise Products Partners L.P.	Add 3.16%	25,000	0.04
☰	MIR - Mirion Technologies, Inc.	Add 1.30%	82,500	0.04
☰	CCAP - Crescent Capital Bdc Inc	Buy	419,978	0.34
☰	OMF - OneMain Holdings, Inc.	Buy	62,824	0.14
☰	VISN - Vistance Networks, Inc.	Buy	265,710	0.10
☰	SCHO - Schwab Strategic Tr	Buy	13,942	0.02
☰	SHV - iShares 0–1 Year Treasury Bond ETF	Buy	3,052	0.02
	Q4 2022
☰	BAC - Bank of America Corp.	Add 300.00%	300,000	0.62
☰	IEF - iShares 7-10 Year Treasury Bond ETF	Add 100.25%	3,257	0.02
☰	LAD - Lithia Motors, Inc.	Add 63.81%	160,000	2.03
☰	MIR - Mirion Technologies, Inc.	Add 22.35%	1,162,753	0.48
☰	TDAY - USA TODAY Co., Inc.	Add 9.82%	258,086	0.03
☰	SMTSF - Sierra Metals Inc	Add 8.21%	308,233	0.00
☰	FOA - Finance of America Companies Inc.	Add 7.12%	37,005	0.03
☰	STKL-OLD - SunOpta Inc	Add 6.01%	171,916	0.09
☰	ET - Energy Transfer LP	Add 4.51%	432,504	0.32
☰	MP - MP Materials Corp.	Add 3.98%	85,100	0.13
☰	VRT - Vertiv Holdings Co	Add 1.03%	30,000	0.03
☰	RRX - Regal Rexnord Corp.	Buy	464,666	3.46
☰	EPD - Enterprise Products Partners L.P.	Buy	790,000	1.18
☰	ADT - ADT Inc.	Buy	825,000	0.46
☰	VTEB - Vanguard Tax-Exempt Bond Index Fund ETF Shares	Buy	12,876	0.04
	Q3 2022
☰	LAD - Lithia Motors, Inc.	Add 67.17%	100,753	1.52
☰	VRT - Vertiv Holdings Co	Add 19.83%	480,000	0.33
☰	IEUR - iShares Core MSCI Europe ETF	Add 17.52%	5,206	0.01
☰	ET - Energy Transfer LP	Add 17.07%	1,400,000	1.08
☰	TDAY - USA TODAY Co., Inc.	Add 11.22%	265,000	0.03
☰	ABR - Arbor Realty Trust, Inc.	Add 10.80%	245,000	0.20
☰	STKL-OLD - SunOpta Inc	Add 1.50%	42,349	0.03
☰	SMTSF - Sierra Metals Inc	Add 0.53%	19,689	0.00
☰	AMZN - Amazon.com, Inc.	Buy	115,000	0.91
☰	OMF - OneMain Holdings, Inc.	Buy	340,000	0.70
☰	SD - SandRidge Energy, Inc.	Buy	262,754	0.30
☰	VGIT - Vanguard Intermediate-Term Treasury Index Fund ETF Shares	Buy	13,726	0.06
☰	SLDP - Solid Power, Inc.	Buy	55,373	0.02
	Q2 2022
☰	PXD - Pioneer Natural Resources Co	Add 164.29%	115,000	1.77
☰	C - Citigroup Inc.	Add 107.89%	205,000	0.65
☰	MIR - Mirion Technologies, Inc.	Add 51.42%	1,766,965	0.70
☰	ONIT - Ocwen Financial Corp	Add 46.86%	61,553	0.11
☰	TDAY - USA TODAY Co., Inc.	Add 35.59%	620,000	0.12
☰	BAC - Bank of America Corp.	Add 25.00%	20,000	0.04
☰	MSI - Motorola Solutions, Inc.	Add 24.00%	24,000	0.35
☰	VRT - Vertiv Holdings Co	Add 21.01%	420,100	0.24
☰	SMTSF - Sierra Metals Inc	Add 8.72%	299,512	0.02
☰	STKL-OLD - SunOpta Inc	Add 5.88%	156,510	0.08
☰	WSC - WillScot Holdings Corp.	Add 4.16%	79,849	0.18
☰	ET - Energy Transfer LP	Add 3.80%	300,000	0.21
☰	FOA - Finance of America Companies Inc.	Add 1.45%	7,409	0.01
☰	WBD - Warner Bros. Discovery, Inc.	Buy	450,000	0.42
☰	IEI - iShares 3-7 Year Treasury Bond ETF	Buy	3,996	0.03
☰	SRGAQ - Surgalign Holdings Inc	Buy	124,999	0.03
☰	CUROQ - Curo Group Holdings Corp	Buy	65,643	0.02
	Q1 2022
☰	DMAC - DiaMedica Therapeutics Inc.	Add 170.84%	512,508	0.07
☰	STKL-OLD - SunOpta Inc	Add 33.17%	663,490	0.17
☰	ONIT - Ocwen Financial Corp	Add 31.84%	31,727	0.04
☰	MIR - Mirion Technologies, Inc.	Add 14.55%	436,355	0.19
☰	WSC - WillScot Holdings Corp.	Add 13.02%	221,200	0.46
☰	ET - Energy Transfer LP	Add 12.86%	900,000	0.53
☰	SRGA - Surgalign Holdings Inc	Add 12.75%	424,000	0.01
☰	TDAY - USA TODAY Co., Inc.	Add 12.75%	197,038	0.05
☰	CTRA-OLD - Coterra Energy Inc	Add 3.13%	100,000	0.14
☰	CIM - Chimera Investment Corp	Add 3.08%	34,945	0.07
☰	ASPU - Aspen Group Inc	Add 2.07%	50,000	0.01
☰	VORBQ - Virgin Orbit Holdings Inc	Add 1.95%	9,758	0.00
☰	FOA - Finance of America Companies Inc.	Add 1.20%	6,091	0.01
☰	APO - Apollo Global Management, Inc.	Buy	1,838,400	6.00
☰	BAC - Bank of America Corp.	Buy	80,000	0.17
☰	IEF - iShares 7-10 Year Treasury Bond ETF	Buy	3,249	0.02
☰	VORWQ - Virgin Orbit Holdings Inc	Buy	162,002	0.02
	Q4 2021
☰	SRGA - Surgalign Holdings Inc	Add 116.21%	1,787,700	0.06
☰	GM - General Motors Co.	Add 53.06%	260,000	0.77
☰	DMAC - DiaMedica Therapeutics Inc.	Add 50.00%	100,000	0.02
☰	IEUR - iShares Core MSCI Europe ETF	Add 32.31%	7,257	0.02
☰	LVS - Las Vegas Sands Corp.	Add 23.64%	138,300	0.26
☰	EFC - Ellington Financial Inc	Add 13.16%	100,000	0.09
☰	VRT - Vertiv Holdings Co	Add 12.40%	220,691	0.28
☰	SCHO - Schwab Strategic Tr	Add 12.31%	6,696	0.01
☰	LAD - Lithia Motors, Inc.	Add 9.09%	12,500	0.19
☰	EPP - iShares MSCI Pacific ex Japan ETF	Add 7.05%	1,093	0.00
☰	FOA - Finance of America Companies Inc.	Add 6.95%	32,918	0.07
☰	CTRA-OLD - Coterra Energy Inc	Add 4.92%	150,000	0.14
☰	ABR - Arbor Realty Trust, Inc.	Add 3.35%	75,857	0.07
☰	FCRD - First Eagle Alternative Capi	Add 2.46%	52,238	0.01
☰	VOO - Vanguard S&P 500 ETF	Add 2.05%	1,025	0.02
☰	STKL-OLD - SunOpta Inc	Add 0.50%	10,000	0.00
☰	CIM - Chimera Investment Corp	Add 0.20%	2,253	0.01
☰	MIR - Mirion Technologies, Inc.	Buy	3,000,000	1.58
☰	DISCA - Discovery Inc	Buy	305,000	0.36
☰	VORBQ - Virgin Orbit Holdings Inc	Buy	500,000	0.25
☰	GAN - Gan Ltd	Buy	457,388	0.21
	Q3 2021
☰	CTRA-OLD - Cabot Oil & Gas	Add 3481.58%	2,964,842	3.42
☰	DMAC - DiaMedica Therapeutics Inc.	Add 300.00%	150,000	0.03
☰	PFSI - Pennymac Financial Services	Add 281.47%	282,103	0.91
☰	BHC - Bausch Health Companies Inc.	Add 263.20%	1,811,682	2.67
☰	SRGA - Surgalign Holdings Inc	Add 38.59%	428,300	0.03
☰	GM - General Motors Co.	Add 30.67%	115,000	0.32
☰	SMTSF - Sierra Metals Inc	Add 16.67%	491,200	0.05
☰	VRT - Vertiv Holdings Co	Add 14.30%	222,589	0.28
☰	WSC - WillScot Holdings Corp.	Add 13.26%	198,951	0.33
☰	FOA - Finance of America Companies Inc.	Add 7.63%	33,582	0.09
☰	STKL-OLD - SunOpta Inc	Add 7.57%	140,000	0.07
☰	ASPU - Aspen Group Inc	Add 6.75%	152,927	0.04
☰	FLMN - Falcon Minerals Corp	Add 6.75%	110,662	0.03
☰	CI - The Cigna Group	Add 5.88%	25,000	0.26
☰	ET - Energy Transfer LP	Add 3.90%	262,500	0.13
☰	LVS - Las Vegas Sands Corp.	Buy	585,000	1.14
☰	ANAC.WS - Arctos Northstar Acq	Buy	5,000	0.00
☰	DNZ.WS - D And Z Media Acq	Buy	8,333	0.00
☰	GBTG.WS - Apollo Strategic	Buy	4,000	0.00
☰	JWSWF - Jaws Mustang	Buy	6,250	0.00
☰	LMACW - Liberty Media Acq	Buy	2,000	0.00
☰	NGAB.WS - Northern Genesis Acq	Buy	6,667	0.00
☰	PNTM.WS - Pontem Corp	Buy	16,667	0.00
☰	SPAQ.WS - Spartan Acq Iii	Buy	2,500	0.00
☰	VTR - Ventas, Inc.	Buy	1,342	0.00
	Q2 2021
☰	WSC - WillScot Holdings Corp.	Add 93.55%	725,000	1.14
☰	PXD - Pioneer Natural Resources Co	Add 75.00%	60,000	0.55
☰	NRG - NRG Energy, Inc.	Add 67.90%	275,000	0.62
☰	ASPU - Aspen Group Inc	Add 37.40%	617,073	0.23
☰	BABA - Alibaba Group Holdings Ltd.	Add 17.65%	15,000	0.19
☰	VRT - Vertiv Holdings Co	Add 11.19%	156,720	0.24
☰	ABR - Arbor Realty Trust, Inc.	Add 9.88%	212,900	0.21
☰	FLMN - Falcon Minerals Corp	Add 9.29%	139,338	0.04
☰	STKL-OLD - SunOpta Inc	Add 8.82%	150,000	0.10
☰	ASH - Ashland Inc.	Add 8.73%	70,000	0.34
☰	SMTSF - Sierra Metals Inc	Add 5.47%	152,894	0.03
☰	LAD - Lithia Motors, Inc.	Buy	137,500	2.65
☰	FOA - Finance of America Companies Inc.	Buy	440,000	1.89
☰	BHC - Bausch Health Companies Inc.	Buy	688,318	1.13
☰	VOO - Vanguard S&P 500 ETF	Buy	50,001	1.10
☰	PFSI - Pennymac Financial Services	Buy	100,225	0.35
☰	EFA - iShares MSCI EAFE ETF	Buy	73,706	0.33
☰	IVW - iShares S&P 500 Growth ETF	Buy	23,214	0.09
☰	CTRA-OLD - Cabot Oil & Gas Corp	Buy	85,158	0.08
☰	SCHO - Schwab Strategic Tr	Buy	54,392	0.08
☰	IEUR - iShares Core MSCI Europe ETF	Buy	22,459	0.07
☰	CSN - Credit Suisse Group	Buy	100,000	0.06
☰	EWJ - iShares MSCI Japan ETF	Buy	16,695	0.06
☰	EPP - iShares MSCI Pacific ex Japan ETF	Buy	15,512	0.05
☰	IEMG - iShares Core MSCI Emerging Markets ETF	Buy	12,485	0.05
☰	VGK - Vanguard FTSE Europe ETF	Buy	11,972	0.05
☰	EWC - iShares MSCI Canada ETF	Buy	12,531	0.03
☰	CRBN - Ishares Tr	Buy	2,000	0.02
☰	URTH - Ishares Inc	Buy	3,329	0.02
☰	ANAC - Arctos Northstar Acquisition	Buy	25,000	0.01
	Q1 2021
☰	SMTSF - Sierra Metals Inc	Add 145.89%	1,657,106	0.33
☰	DMAC - DiaMedica Therapeutics Inc.	Add 66.67%	20,000	0.01
☰	ASPU - Aspen Group Inc	Add 65.00%	650,000	0.24
☰	ATH - Athene Holding Ltd	Add 57.88%	636,625	2.00
☰	FLMN - Falcon Minerals Corp	Add 29.91%	345,328	0.10
☰	WSC - WillScot Holdings Corp.	Add 19.22%	124,915	0.22
☰	OBDC - Blue Owl Capital Corp.	Add 12.00%	12,000	0.01
☰	VRT - Vertiv Holdings Co	Add 7.69%	100,000	0.13
☰	STKL-OLD - SunOpta Inc	Add 6.25%	100,000	0.09
☰	ET - Energy Transfer LP	Add 4.46%	287,500	0.14
☰	BBDC - Barings BDC, Inc.	Add 4.38%	72,809	0.05
☰	C - Citigroup Inc.	Add 2.70%	10,000	0.05
☰	DVN - Devon Energy Corp.	Buy	3,120,069	4.25
☰	BABA - Alibaba Group Holdings Ltd.	Buy	85,000	1.20
☰	IFF - International Flavors & Fragrances Inc.	Buy	135,000	1.18
☰	NRG - NRG Energy, Inc.	Buy	405,000	0.95
☰	PSFEGBP - Paysafe Ltd	Buy	1,125,000	0.95
☰	PXD - Pioneer Natural Resources Co	Buy	80,000	0.79
☰	RPLA - Replay Acquisition Corp	Buy	900,000	0.54
☰	PNTM - Pontem Corp	Buy	50,000	0.03
☰	ANAC.U - Arctos Northstar Acquisition	Buy	25,000	0.02
☰	DNZ.U - D And Z Media Acquisition Co	Buy	25,000	0.02
☰	JWSMF - Jaws Mustang Acquisition Cor	Buy	25,000	0.02
☰	ROT.U - Rotor Acquisition Corp	Buy	40,000	0.02
☰	FOREU - Foresight Acquisition Corp	Buy	10,000	0.01
☰	GBTG - Apollo Strategic Growth Capi	Buy	20,000	0.01
☰	LMACU - Liberty Media Acquisition Co	Buy	10,000	0.01
☰	NGAB.U - Northern Genesis Acquisition	Buy	20,000	0.01
☰	SPAQ.U - Spartan Acquisition Corp Iii	Buy	10,000	0.01
	Q4 2020
☰	TDAY - USA TODAY Co., Inc.	Add 46.23%	488,462	0.12
☰	SMTSF - Sierra Metals Inc	Add 41.49%	333,075	0.08
☰	ET - Energy Transfer LP	Add 28.17%	1,417,800	0.63
☰	FLMN - Falcon Minerals Corp	Add 22.10%	209,024	0.05
☰	VRT - Vertiv Holdings Co	Add 18.18%	200,000	0.27
☰	ATH - Athene Holding Ltd	Add 12.06%	118,394	0.37
☰	COOP-OLD - Mr Cooper Group Inc	Add 7.48%	347,864	0.78
☰	NAVI - Navient Corp	Add 3.93%	125,000	0.09
☰	STKL-OLD - SunOpta Inc	Add 2.10%	32,931	0.03
☰	FCRD - First Eagle Alternative Capi	Add 1.33%	38,120	0.01
☰	SNR - New Senior Investment Group	Add 0.20%	10,000	0.00
☰	MP - MP Materials Corp.	Buy	2,426,000	5.62
☰	GM - General Motors Co.	Buy	375,000	1.12
☰	BBDC - Barings BDC, Inc.	Buy	1,661,461	1.10
☰	WSC - WillScot Holdings Corp.	Buy	650,085	1.09
☰	CMCSA - Comcast Corp.	Buy	160,050	0.57
☰	BGS - B&g Foods Inc	Buy	50,000	0.10
☰	OBDC - Blue Owl Capital Corp.	Buy	100,000	0.09
☰	DMAC - DiaMedica Therapeutics Inc.	Buy	30,000	0.02
	Q3 2020
☰	SMTSF - Sierra Metals Inc	Add 254.90%	576,583	0.09
☰	ASPU - Aspen Group Inc	Add 192.43%	658,033	0.72
☰	FLMN - Falcon Minerals Corp	Add 35.09%	245,648	0.06
☰	AMCX - Amc Networks Inc	Add 22.36%	141,866	0.35
☰	STKL-OLD - SunOpta Inc	Add 13.56%	187,069	0.14
☰	COOP-OLD - Mr Cooper Group Inc	Add 12.06%	500,394	1.10
☰	NAVI - Navient Corp	Add 7.07%	210,000	0.17
☰	TRN - Trinity Industries, Inc.	Add 6.70%	189,562	0.36
☰	MGY - Magnolia Oil & Gas Corp.	Add 6.01%	150,000	0.08
☰	ASH - Ashland Inc.	Add 3.89%	30,000	0.21
☰	FOE - Ferro Corp	Add 3.10%	100,000	0.12
☰	SNR - New Senior Investment Group	Add 2.07%	101,490	0.04
☰	GOOGL - Alphabet Inc.	Buy	1,200,000	8.65
☰	ATH - Athene Holding Ltd	Buy	981,606	3.29
☰	VRT - Vertiv Holdings Co	Buy	1,100,000	1.87
☰	ONIT - Ocwen Financial Corp	Buy	879,037	1.83
☰	MSI - Motorola Solutions, Inc.	Buy	100,000	1.54
☰	FVAC* - Fortress Value Acq	Buy	600,000	0.80
☰	EPD - Enterprise Products Partners L.P.	Buy	500,000	0.78
☰	FCRD - First Eagle Alternative Capi	Buy	2,859,100	0.70
☰	SRGA - Surgalign Holdings Inc	Buy	1,974,533	0.35
☰	MNRL - Brigham Minerals Inc	Buy	387,429	0.34
	Q2 2020
☰	GTN - Gray Media, Inc.	Add 81.82%	450,000	0.72
☰	JPM - JPMorgan Chase & Co.	Add 72.22%	130,000	1.40
☰	RT2 - Rti Surgical Holdings Inc	Add 26.30%	418,624	0.15
☰	AMCX - Amc Networks Inc	Add 10.32%	59,334	0.16
☰	COOP-OLD - Mr Cooper Group Inc	Add 4.32%	171,873	0.24
☰	MGY - Magnolia Oil & Gas Corp.	Add 1.63%	40,000	0.03
☰	SNR - New Senior Investment Group	Add 0.79%	38,510	0.02
☰	FOE - Ferro Corp	Add 0.78%	25,000	0.03
☰	DNRCQ - Denbury Resources Inc	Buy	10,000,000	0.32
	Q1 2020
☰	FOE - Ferro Corp	Add 245.50%	2,270,869	2.74
☰	RT2 - Rti Surgical Hds Inc	Add 121.97%	874,744	0.19
☰	COOP-OLD - Mr Cooper Group Inc	Add 105.93%	2,046,673	1.93
☰	AMCX - Amc Networks Inc	Add 69.62%	236,000	0.74
☰	PE - Parsley Energy Inc	Add 48.42%	1,011,306	0.75
☰	VICI - VICI Properties Inc.	Add 43.98%	368,105	0.79
☰	NAVI - Navient Corp	Add 35.16%	772,549	0.75
☰	STKL-OLD - SunOpta Inc	Add 20.82%	237,847	0.05
☰	FLMN - Falcon Minerals Corp	Add 16.67%	100,000	0.03
☰	CNC - Centene Corp.	Add 14.29%	50,000	0.38
☰	ABR - Arbor Realty Trust, Inc.	Add 12.12%	290,855	0.18
☰	OCN - Ocwen Financial Corp	Add 8.14%	992,065	0.06
☰	SNR - New Senior Investment Group	Add 7.00%	317,652	0.10
☰	TDAY - USA TODAY Co., Inc.	Add 4.46%	336,229	0.06
☰	MGY - Magnolia Oil & Gas Corp.	Add 4.02%	94,950	0.05
☰	ET - Energy Transfer LP	Add 0.54%	27,200	0.02
☰	JPM - JPMorgan Chase & Co.	Buy	180,000	2.09
☰	META - Meta Platforms, Inc.	Buy	27,000	0.58
☰	LEE - Lee Enterprises	Buy	85,521	0.11
	Q4 2019
☰	DD - DuPont de Nemours, Inc.	Add 116.36%	339,647	1.46
☰	FANG - Diamondback Energy, Inc.	Add 100.00%	200,000	0.99
☰	COOP-OLD - Mr Cooper Group Inc	Add 92.51%	928,427	0.62
☰	RT2 - Rti Surgical Hds Inc	Add 92.27%	344,159	0.05
☰	AMZN - Amazon.com, Inc.	Add 53.33%	80,000	0.39
☰	ET - Energy Transfer LP	Add 42.17%	1,484,450	1.01
☰	NAVI - Navient Corp	Add 26.49%	460,260	0.34
☰	STKL-OLD - SunOpta Inc	Add 25.13%	229,353	0.03
☰	GLD - SPDR Gold Shares	Add 23.88%	33,425	0.25
☰	DOW - Dow Inc.	Add 23.64%	86,610	0.25
☰	CCL - Carnival Corp. Ltd.	Add 22.36%	137,500	0.37
☰	GTN - Gray Media, Inc.	Add 20.00%	100,000	0.11
☰	DT - Dynatrace, Inc.	Add 14.29%	5,000	0.01
☰	NRG - NRG Energy, Inc.	Add 13.86%	143,000	0.30
☰	OCN - Ocwen Financial Corp	Add 13.84%	1,482,445	0.11
☰	MGY - Magnolia Oil & Gas Corp.	Add 11.15%	236,724	0.16
☰	SNR - New Senior Investment Group	Add 6.64%	282,387	0.12
☰	MVC - Mvc Capital Inc	Add 1.52%	26,000	0.01
☰	27T - Thl Credit Inc	Add 0.22%	6,356	0.00
☰	TDAY - USA TODAY Co., Inc.	Buy	7,544,750	2.56
☰	FOE - Ferro Corp	Buy	925,000	0.73
☰	WDAY - Workday, Inc.	Buy	61,000	0.53
☰	IQV - IQVIA Holdings Inc.	Buy	15,647	0.13
☰	SSSS - Sutter Rock Capital Corp	Buy	92,960	0.03
☰	SMTSF - Sierra Metals Inc	Buy	226,200	0.02
☰	AES - The AES Corp.	Buy	900	0.00
	Q3 2019
☰	VICI - VICI Properties Inc.	Add 109.22%	436,895	0.59
☰	FLMN - Falcon Minerals Corp	Add 98.51%	397,000	0.13
☰	NEWMEUR - New Media Investment Group	Add 74.26%	2,626,272	1.38
☰	CCL - Carnival Corp. Ltd.	Add 57.69%	225,000	0.59
☰	RT2 - Rti Surgical Hds Inc	Add 51.92%	127,468	0.02
☰	WPX - Wpx Energy Inc	Add 37.16%	1,743,500	1.10
☰	TRN - Trinity Industries, Inc.	Add 20.28%	478,908	0.56
☰	NBR - Nabors Industries Ltd.	Add 13.77%	35,670	0.20
☰	COOP-OLD - Mr Cooper Group Inc	Add 12.76%	113,600	0.07
☰	EFC - Ellington Financial Inc	Add 11.63%	100,000	0.11
☰	MGY - Magnolia Oil & Gas Corp.	Add 11.02%	210,800	0.14
☰	PE - Parsley Energy Inc	Add 10.59%	200,000	0.20
☰	ET - Energy Transfer LP	Add 10.52%	335,000	0.26
☰	OCN - Ocwen Financial Corp	Add 10.14%	985,958	0.11
☰	NAVI - Navient Corp	Add 7.67%	123,703	0.09
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 7.37%	8,732	0.08
☰	MVC - Mvc Capital Inc	Add 2.79%	46,424	0.02
☰	27T - Thl Credit Inc	Add 1.37%	38,525	0.02
☰	ASH - Ashland Inc.	Add 0.98%	7,500	0.03
☰	FISV - Fiserv, Inc.	Buy	2,096,663	12.92
☰	DD - DuPont de Nemours, Inc.	Buy	291,899	1.55
☰	GLD - SPDR Gold Shares	Buy	140,000	1.16
☰	GTN - Gray Media, Inc.	Buy	500,000	0.49
☰	GCI1EUR - Gannett Co Inc	Buy	700,500	0.45
☰	STKL-OLD - SunOpta Inc	Buy	912,800	0.10
☰	DT - Dynatrace, Inc.	Buy	35,000	0.04
☰	MDLA - Medallia Inc	Buy	20,000	0.03
☰	NET - Cloudflare, Inc.	Buy	20,000	0.02
☰	FLMNW - Falcon Minerals Corp	Buy	447,474	0.01
	Q2 2019
☰	NAVI - Navient Corp	Add 229.91%	1,124,424	0.93
☰	SLV - iShares Silver Trust	Add 200.00%	100,000	0.09
☰	UNH - UnitedHealth Group Inc.	Add 63.60%	55,011	0.81
☰	MNIQQ - Mcclatchy Co	Add 44.88%	136,633	0.02
☰	NEWMEUR - New Media Investment Group	Add 39.10%	994,000	0.57
☰	NBR - Nabors Industries Ltd.	Add 36.54%	69,314	0.61
☰	CNC - Centene Corp.	Add 27.27%	75,000	0.24
☰	RT2 - Rti Surgical Hds Inc	Add 24.01%	47,532	0.01
☰	TRN - Trinity Industries, Inc.	Add 22.74%	437,443	0.55
☰	WPX - Wpx Energy Inc	Add 19.40%	762,500	0.53
☰	COOP-OLD - Mr Cooper Group Inc	Add 14.10%	110,000	0.05
☰	MGY - Magnolia Oil & Gas Corp.	Add 9.57%	167,047	0.12
☰	ET - Energy Transfer LP	Add 7.60%	225,000	0.19
☰	HES - Hess Corp	Add 7.14%	26,900	0.10
☰	OCN - Ocwen Financial Corp	Add 6.98%	634,387	0.08
☰	27T - Thl Credit Inc	Add 1.08%	30,119	0.01
☰	MVC - Mvc Capital Inc	Add 0.33%	5,454	0.00
☰	FANG - Diamondback Energy, Inc.	Buy	200,000	1.32
☰	WFC - Wells Fargo & Co.	Buy	395,000	1.13
☰	ASPS - Altisource Portfolio Solutions S.A.	Buy	118,438	1.12
☰	CCL - Carnival Corp. Ltd.	Buy	390,000	1.10
☰	DOW - Dow Inc.	Buy	366,389	1.09
☰	CTVA - Corteva, Inc.	Buy	366,400	0.65
☰	VICI - VICI Properties Inc.	Buy	400,000	0.53
☰	CRWD - CrowdStrike Holdings, Inc.	Buy	280,000	0.29
☰	FLMN - Falcon Minerals Corp	Buy	403,000	0.20
☰	TPCO - Tribune Publishing Co	Buy	52,011	0.03
	Q1 2019
☰	OCN - Ocwen Financial Corp	Add 251.81%	6,506,663	0.76
☰	27T - Thl Credit Inc	Add 177.04%	1,779,147	0.75
☰	WPX - Wpx Energy Inc	Add 5.35%	199,737	0.17
☰	FDC - First Data Corp	Buy	6,919,681	11.69
☰	GOOGL - Alphabet Inc.	Buy	2,180,000	8.25
☰	CIM - Chimera Investment Corp	Buy	1,607,500	5.81
☰	CI - The Cigna Group	Buy	545,000	5.64
☰	NLSN - Nielsen Holdings Plc	Buy	2,627,200	4.00
☰	ASH - Ashland Inc.	Buy	766,563	3.85
☰	AMCX - Amc Networks Inc-A	Buy	806,356	2.94
☰	ET - Energy Transfer LP	Buy	2,960,550	2.93
☰	NRG - NRG Energy, Inc.	Buy	1,032,000	2.82
☰	TRN - Trinity Industries, Inc.	Buy	1,923,649	2.69
☰	PE - Parsley Energy Inc	Buy	1,888,694	2.34
☰	TRWHEUR - Twin River Worldwide Holding	Buy	1,200,000	2.31
☰	ABR - Arbor Realty Trust, Inc.	Buy	2,666,703	2.22
☰	NBR - Nabors Industries Ltd.	Buy	189,686	2.10
☰	MPC - Marathon Petroleum Corp.	Buy	500,000	1.92
☰	MSFT - Microsoft Corp.	Buy	245,705	1.86
☰	CVS - CVS Health Corp.	Buy	500,000	1.73
☰	SNR - New Senior Investment Group	Buy	4,253,161	1.49
☰	HES - Hess Corp	Buy	376,900	1.46
☰	PFSI - Pennymac Financial Services	Buy	975,393	1.39
☰	MGY - Magnolia Oil & Gas Corp.	Buy	1,745,429	1.35
☰	EFC - Ellington Financial Inc	Buy	1,160,000	1.34
☰	MVC - Mvc Capital Inc	Buy	1,658,623	0.97
☰	CNC - Centene Corp.	Buy	275,000	0.94
☰	AMZN - Amazon.com, Inc.	Buy	150,000	0.86
☰	ADBE - Adobe Inc.	Buy	38,000	0.65
☰	RITM - New Residential Investment	Buy	500,000	0.54
☰	COOP-OLD - Mr Cooper Group Inc	Buy	780,000	0.48
☰	DAL - Delta Air Lines, Inc.	Buy	125,000	0.42
☰	PARR - Par Pacific Holdings, Inc.	Buy	340,076	0.39
☰	ASPU - Aspen Group Inc	Buy	1,000,000	0.34
☰	ENT1USD - Global Eagle Entertainment I	Buy	3,100,000	0.14
☰	RESI - Front Yard Residential Corp	Buy	200,000	0.12
☰	MNIQQ - Mcclatchy Co	Buy	304,417	0.10
☰	RT2 - Rti Surgical Hds Inc	Buy	198,000	0.08
☰	SLV - iShares Silver Trust	Buy	50,000	0.05
☰	2H2A - Two Harbors Investment Corp	Buy	37,500	0.03
☰	9990401D - Churchill Capital Corp	Buy	40,000	0.03
☰	FSK - FS KKR Capital Corp.	Buy	21,000	0.03
☰	ACGP - Associated Capital Group	Buy	8,643	0.02
☰	GAMI - Gamco Investors Inc	Buy	8,600	0.01
☰	GPMT - Granite Point Mortgage Trust	Buy	7,107	0.01
☰	AES - The AES Corp.	Buy	900	0.00
	Q2 2014
☰	OCN - Ocwen Financial Corp	Add 1062.40%	2,361,707	1.34
☰	CMCSK - Comcast Corp	Add 334.00%	1,678,672	1.37
☰	APC - Anadarko Petroleum Corp	Add 140.48%	323,600	0.54
☰	ACT-W - Actavis Plc	Add 134.74%	355,826	1.22
☰	UAL - United Airlines Holdings, Inc.	Add 46.92%	556,574	0.35
☰	GLPI - Gaming and Leisure Properties, Inc.	Add 45.24%	1,453,241	0.76
☰	PVH - PVH Corp.	Add 41.42%	223,300	0.40
☰	ICE - Intercontinental Exchange, Inc.	Add 23.80%	512,000	0.30
☰	ETFC - E*trade Financial Corp	Add 17.71%	1,041,867	0.34
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 15.21%	20,337	0.29
☰	PMT - Pennymac Mortgage Investment	Add 14.11%	353,500	0.12
☰	NOV - NOV Inc.	Add 12.71%	25,831	0.03
☰	JPM - JPMorgan Chase & Co.	Add 11.90%	199,100	0.18
☰	LORL - Loral Space & Communications	Add 10.53%	80,714	0.09
☰	EBAY - eBay Inc.	Add 9.73%	672,170	0.22
☰	27T - Thl Credit Inc	Add 7.69%	71,783	0.02
☰	L3N - Atlas Energy LP	Add 6.32%	243,700	0.17
☰	TMO - Thermo Fisher Scientific Inc.	Add 6.02%	51,000	0.09
☰	ARPJQ - Atlas Resource Partners LP	Add 3.68%	192,500	0.06
☰	DISH - Dish Network Corp	Add 2.07%	64,700	0.06
☰	TWC - Time Warner Cable	Add 1.20%	6,400	0.01
☰	APL - Atlas Pipeline Partners LP	Add 0.65%	21,828	0.01
☰	NAVI - Navient Corp	Buy	10,135,751	2.75
☰	AAPL - Apple Inc.	Buy	5,058,760	1.80
☰	GULTU - Gulf Coast Ultra Deep Royalt	Buy	16,885,215	0.76
☰	QEP - Qep Resources Inc	Buy	1,430,528	0.76
☰	PRKS - United Parks & Resorts Inc.	Buy	1,087,400	0.47
☰	CTRA-OLD - Cabot Oil & Gas Corp	Buy	527,866	0.28
☰	1023765D - Connectone Bancorp Inc	Buy	545,000	0.16
☰	RRC - Range Resources Corp.	Buy	54,522	0.07
☰	ANET - Arista Networks, Inc.	Buy	800,000	0.05
☰	SEMI - Sunedison Semiconductor Ltd	Buy	201,600	0.05
☰	QIWI - Qiwi Plc	Buy	70,000	0.04
☰	MET - MetLife, Inc.	Buy	32,987	0.03
☰	PRTA - Prothena Corp Plc	Buy	100,000	0.03
☰	ASPN - Aspen Aerogels Inc	Buy	100,000	0.02
☰	CQP - Cheniere Energy Partners LP	Buy	30,000	0.02
☰	PBFX - Pbf Logistics LP	Buy	50,000	0.02
☰	MOBL - Mobileiron Inc	Buy	100,000	0.01
	Q1 2014
☰	JPM - JPMorgan Chase & Co.	Add 2310.66%	1,603,600	1.46
☰	EBAY - eBay Inc.	Add 239.97%	4,873,889	1.69
☰	L2M - Lin Media LLC	Add 78.57%	471,448	0.18
☰	WPX - Wpx Energy Inc	Add 71.19%	1,586,379	0.43
☰	OPLN - OPENLANE, Inc.	Add 61.94%	1,918,335	0.33
☰	GLPI - Gaming and Leisure Properties, Inc.	Add 44.59%	990,622	0.54
☰	HOUS - Realogy Holdings Corp	Add 42.48%	793,116	0.51
☰	C - Citigroup Inc.	Add 36.58%	1,435,700	1.02
☰	CZR - Caesars Entertainment, Inc.	Add 35.24%	1,862,392	0.53
☰	DNRCQ - Denbury Resources Inc	Add 33.97%	1,602,480	0.39
☰	PFM - Invesco Dividend Achievers ETF	Add 19.28%	532,000	0.13
☰	AGO - Assured Guaranty Ltd.	Add 17.89%	341,900	0.13
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 15.65%	18,097	0.26
☰	L3N - Atlas Energy LP	Add 14.35%	483,793	0.31
☰	PVH - PVH Corp.	Add 13.02%	62,101	0.12
☰	SIRI - Sirius XM Holdings Inc.	Add 9.58%	752,323	0.36
☰	2S7 - Sprint Corp	Add 6.60%	2,676,563	0.37
☰	CAM - Cameron International Corp	Add 5.99%	85,300	0.08
☰	FCX - Freeport-McMoRan Inc.	Add 2.94%	85,200	0.04
☰	HCA - HCA Healthcare, Inc.	Add 2.82%	71,500	0.06
☰	TMO - Thermo Fisher Scientific Inc.	Add 2.76%	22,800	0.04
☰	MCK - McKesson Corp.	Add 2.52%	17,500	0.05
☰	LORL - Loral Space & Communications	Add 1.60%	12,100	0.01
☰	APL - Atlas Pipeline Partners LP	Add 0.89%	29,700	0.01
☰	UNH - UnitedHealth Group Inc.	Add 0.76%	10,300	0.01
☰	UAL - United Airlines Holdings, Inc.	Add 0.72%	8,500	0.01
☰	COF - Capital One Financial Corp.	Add 0.70%	11,300	0.01
☰	ICE - Intercontinental Exchange, Inc.	Add 0.56%	12,000	0.01
☰	ARPJQ - Atlas Resource Partners LP	Add 0.19%	10,000	0.00
☰	HAL - Halliburton Co.	Add 0.06%	2,200	0.00
☰	DG - Dollar General Corp.	Buy	1,670,100	1.38
☰	ADT - ADT Inc.	Buy	2,687,244	1.20
☰	TWC - Time Warner Cable	Buy	534,000	1.09
☰	NEWMEUR - New Media Investment Group	Buy	3,905,330	0.88
☰	ACT-W - Actavis Plc	Buy	264,093	0.81
☰	SPWRQ - Sunpower Corp	Buy	1,396,729	0.67
☰	APC - Anadarko Petroleum Corp	Buy	230,349	0.29
☰	NOV - NOV Inc.	Buy	203,169	0.21
☰	OCN - Ocwen Financial Corp	Buy	222,300	0.13
☰	ENLK - Enlink Midstream Partners LP	Buy	23,100	0.01
	Q4 2013
☰	CZR - Caesars Entertainment, Inc.	Add 69.97%	2,175,624	0.74
☰	JPM - JPMorgan Chase & Co.	Add 44.89%	21,500	0.02
☰	TMO - Thermo Fisher Scientific Inc.	Add 34.07%	209,630	0.37
☰	HCA - HCA Healthcare, Inc.	Add 32.18%	616,500	0.47
☰	HOUS - Realogy Holdings Corp	Add 19.12%	299,720	0.23
☰	PMT - Pennymac Mortgage Investment	Add 15.15%	329,531	0.12
☰	2S7 - Sprint Corp	Add 14.92%	5,264,968	0.90
☰	EMN - Eastman Chemical Co.	Add 12.27%	226,300	0.29
☰	DISH - Dish Network Corp	Add 11.79%	414,100	0.38
☰	UNH - UnitedHealth Group Inc.	Add 10.38%	127,100	0.15
☰	ARPJQ - Atlas Resource Partners LP	Add 7.79%	377,111	0.12
☰	WPX - Wpx Energy Inc	Add 5.44%	114,958	0.04
☰	C - Citigroup Inc.	Add 2.40%	92,000	0.08
☰	FCX - Freeport-McMoRan Inc.	Add 1.70%	48,500	0.03
☰	AIG - American International Group, Inc.	Add 0.68%	39,500	0.03
☰	MCK - McKesson Corp.	Add 0.30%	2,100	0.01
☰	LYB - LyondellBasell Industries N.V.	Add 0.21%	3,900	0.00
☰	SIRI - Sirius XM Holdings Inc.	Buy	7,849,300	4.34
☰	GLPI - Gaming and Leisure Properties, Inc.	Buy	2,221,587	1.79
☰	SUNEQ - Sunedison Inc	Buy	8,103,148	1.68
☰	TMUS - T-Mobile US, Inc.	Buy	3,040,145	1.62
☰	ICE - Intercontinental Exchange, Inc.	Buy	2,138,850	1.52
☰	CAM - Cameron International Corp	Buy	1,425,000	1.34
☰	WY - Weyerhaeuser Co.	Buy	2,396,203	1.20
☰	EBAY - eBay Inc.	Buy	2,031,005	0.74
☰	AGO - Assured Guaranty Ltd.	Buy	1,911,013	0.71
☰	UAL - United Airlines Holdings, Inc.	Buy	1,177,700	0.71
☰	GM - General Motors Co.	Buy	1,046,400	0.68
☰	CACQ - Caesars Acquisition Co	Buy	3,285,473	0.63
☰	OPLN - OPENLANE, Inc.	Buy	3,097,217	0.55
☰	EWW - Ishares Msci Mexico Capped	Buy	75,000	0.08
	Q3 2013
☰	PMT - Pennymac Mortgage Investment	Add 940.99%	1,966,217	0.75
☰	CZR - Caesars Entertainment, Inc.	Add 173.13%	1,971,000	0.65
☰	EXXIQ - Energy Xxi Bermuda	Add 131.70%	1,355,597	0.69
☰	VR - Validus Holdings Ltd	Add 59.27%	587,932	0.36
☰	C - Citigroup Inc.	Add 46.26%	1,212,100	0.99
☰	DNRCQ - Denbury Resources Inc	Add 37.74%	1,347,500	0.42
☰	TMO - Thermo Fisher Scientific Inc.	Add 25.93%	126,700	0.20
☰	PLCM - Polycom Inc	Add 23.32%	1,782,028	0.33
☰	ARPJQ - Atlas Resource Partners LP	Add 15.79%	660,548	0.23
☰	JPM - JPMorgan Chase & Co.	Add 11.66%	5,000	0.00
☰	MSI - Motorola Solutions, Inc.	Add 10.67%	352,901	0.35
☰	ATML - Atmel Corp	Add 7.99%	669,100	0.08
☰	PVH - PVH Corp.	Add 3.29%	23,765	0.05
☰	MCK - McKesson Corp.	Add 2.86%	19,200	0.04
☰	KFN - Kkr Financial Holdings LLC	Add 2.02%	298,825	0.05
☰	HAL - Halliburton Co.	Add 1.68%	60,100	0.05
☰	L3N - Atlas Energy LP	Add 0.95%	37,600	0.03
☰	LYB - LyondellBasell Industries N.V.	Add 0.80%	15,000	0.02
☰	XLG - Invesco S&P 500 Top 50 ETF	Add 0.16%	60,000	0.00
☰	RIG - Transocean Ltd.	Add 0.05%	1,900	0.00
☰	2S7 - Sprint Corp	Buy	35,293,890	3.69
☰	FCX - Freeport-McMoRan Inc.	Buy	2,852,300	1.59
☰	PENN - PENN Entertainment, Inc.	Buy	6,888,765	1.45
☰	HCA - HCA Healthcare, Inc.	Buy	1,915,500	1.38
☰	HOUS - Realogy Holdings Corp	Buy	1,567,420	1.13
☰	CMCSK - Comcast Corp	Buy	1,193,300	0.87
☰	LEN - Lennar Corp.	Buy	1,296,497	0.73
☰	L2M - Lin Media LLC	Buy	600,000	0.20
☰	EWC - iShares MSCI Canada ETF	Buy	60,000	0.03
☰	XLB - Select Sector Spdr	Buy	72,000	0.03
☰	XLF - State Street Financial Select Sector SPDR ETF	Buy	92,325	0.03
	Q2 2013
☰	MSI - Motorola Solutions, Inc.	Add 59.38%	1,232,800	1.19
☰	ARPJQ - Atlas Resource Partners LP	Add 56.34%	1,507,300	0.55
☰	LYB - LyondellBasell Industries N.V.	Add 54.58%	663,133	0.73
☰	SPNT - SiriusPoint Ltd.	Add 45.81%	29,881,400	3.51
☰	LORL - Loral Space & Communications	Add 25.02%	151,066	0.15
☰	27T - Thl Credit Inc	Add 20.31%	250,077	0.06
☰	EMN - Eastman Chemical Co.	Add 19.75%	304,581	0.36
☰	C - Citigroup Inc.	Add 16.86%	378,100	0.30
☰	ATML - Atmel Corp	Add 16.80%	1,205,295	0.15
☰	EA - Electronic Arts Inc.	Add 15.38%	100,000	0.04
☰	QCOM - QUALCOMM Inc.	Add 13.62%	449,700	0.46
☰	DISH - Dish Network Corp	Add 13.16%	420,999	0.30
☰	RIG - Transocean Ltd.	Add 9.67%	307,100	0.25
☰	KFN - Kkr Financial Holdings LLC	Add 6.96%	961,175	0.17
☰	LVS - Las Vegas Sands Corp.	Add 2.45%	6,500	0.01
☰	L3N - Atlas Energy LP	Add 2.05%	79,896	0.07
☰	WPX - Wpx Energy Inc	Add 0.49%	10,300	0.00
☰	OXY - Occidental Petroleum Corp.	Add 0.25%	2,505	0.00
☰	MCK - McKesson Corp.	Buy	672,182	1.29
☰	PFM - Invesco Dividend Achievers ETF	Buy	2,759,600	0.98
☰	TMO - Thermo Fisher Scientific Inc.	Buy	488,670	0.69
☰	ASNAEUR - Ascena Retail Group Inc	Buy	1,874,500	0.55
☰	ORCL - Oracle Corp.	Buy	800,000	0.41
☰	CZR - Caesars Entertainment, Inc.	Buy	1,138,447	0.26
☰	AAPL - Apple Inc.	Buy	868,000	0.21
☰	PMT - Pennymac Mortgage Investment	Buy	208,953	0.07
	Q1 2013
☰	MRK - Merck & Co., Inc.	Add 225.64%	1,395,202	0.99
☰	C - Citigroup Inc.	Add 146.66%	1,333,100	1.00
☰	EMN - Eastman Chemical Co.	Add 94.31%	748,600	0.88
☰	PLCM - Polycom Inc	Add 73.23%	4,146,374	0.78
☰	LINEQ - Linn Energy LLC	Add 67.58%	2,886,800	1.85
☰	JPM - JPMorgan Chase & Co.	Add 42.52%	12,800	0.01
☰	QCOM - QUALCOMM Inc.	Add 37.97%	908,400	1.03
☰	COF - Capital One Financial Corp.	Add 37.63%	470,200	0.44
☰	PVH - PVH Corp.	Add 30.05%	167,100	0.30
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 29.31%	35,350	0.33
☰	CROX - Crocs, Inc.	Add 19.87%	427,020	0.11
☰	SPNT - SiriusPoint Ltd.	Add 16.44%	9,212,190	0.97
☰	META - Meta Platforms, Inc.	Add 15.94%	504,000	0.22
☰	BSX - Boston Scientific Corp.	Add 13.43%	1,949,800	0.26
☰	NYX - Nyse Euronext	Add 6.97%	269,100	0.18
☰	HAL - Halliburton Co.	Add 6.72%	252,500	0.17
☰	MMR - Mcmoran Exploration Co	Add 5.33%	485,200	0.13
☰	ESRX - Express Scripts Holding Co	Add 2.63%	70,327	0.07
☰	RIG - Transocean Ltd.	Add 1.89%	59,000	0.05
☰	APL - Atlas Pipeline Partners LP	Add 1.12%	56,000	0.03
☰	ARPJQ - Atlas Resource Partners LP	Add 1.04%	27,600	0.01
☰	DNRCQ - Denbury Resources Inc	Add 0.85%	35,500	0.01
☰	KMI - Kinder Morgan, Inc.	Add 0.83%	41,500	0.03
☰	UNH - UnitedHealth Group Inc.	Add 0.75%	12,000	0.01
☰	MSI - Motorola Solutions, Inc.	Add 0.74%	15,200	0.02
☰	ATML - Atmel Corp	Add 0.69%	49,400	0.01
☰	RDO - Sirius Xm Radio Inc	Add 0.66%	472,000	0.02
☰	MET - MetLife, Inc.	Add 0.56%	19,074	0.01
☰	LYB - LyondellBasell Industries N.V.	Buy	1,215,000	1.30
☰	OXY - Occidental Petroleum Corp.	Buy	1,020,502	1.29
☰	COV - Covidien Plc	Buy	887,300	1.02
☰	EVEPQ - Ev Energy Partners LP	Buy	953,342	0.88
☰	AXLL - Axiall Corp	Buy	496,650	0.52
☰	GLD - SPDR Gold Shares	Buy	90,000	0.23
☰	TWC - Time Warner Cable	Buy	125,000	0.20
☰	EA - Electronic Arts Inc.	Buy	650,000	0.19
☰	DXJ - WisdomTree Japan Hedged Equity Fund	Buy	125,000	0.09
☰	GDX - VanEck Gold Miners ETF	Buy	115,000	0.07
☰	SLV - iShares Silver Trust	Buy	160,000	0.07
☰	GXC - Spdr Index Shs Fds	Buy	25,000	0.03
☰	OIH - Market Vectors Etf Tr	Buy	1,850	0.03
☰	GMXRQ - Gmx Resources Inc	Buy	212,971	0.01
☰	SBY - Silver Bay Realty Trust Corp	Buy	4,900	0.00
	Q4 2012
☰	NYX - Nyse Euronext	Add 202.58%	2,584,099	1.63
☰	FIG - Figma, Inc.	Add 147.71%	663,009	0.06
☰	ATML - Atmel Corp	Add 115.89%	3,824,300	0.50
☰	ARPJQ - Atlas Resource Partners LP	Add 73.49%	1,121,507	0.50
☰	DNRCQ - Denbury Resources Inc	Add 53.72%	1,455,400	0.47
☰	PLCM - Polycom Inc	Add 45.86%	1,780,325	0.37
☰	ESRX - Express Scripts Holding Co	Add 37.68%	730,800	0.79
☰	ETFC - E*trade Financial Corp	Add 34.19%	2,025,662	0.36
☰	SPNT - SiriusPoint Ltd.	Add 30.93%	13,234,427	1.50
☰	FDO - Family Dollar Stores	Add 30.27%	62,900	0.08
☰	MMR - Mcmoran Exploration Co	Add 24.65%	1,801,900	0.58
☰	WFC - Wells Fargo & Co.	Add 18.33%	256,700	0.18
☰	HAL - Halliburton Co.	Add 15.45%	502,700	0.35
☰	MET - MetLife, Inc.	Add 15.17%	444,985	0.26
☰	RDO - Sirius Xm Radio Inc	Add 11.80%	7,546,900	0.44
☰	WMB - The Williams Companies, Inc.	Add 10.21%	293,400	0.19
☰	KMI - Kinder Morgan, Inc.	Add 7.41%	345,022	0.24
☰	C - Citigroup Inc.	Add 7.27%	61,600	0.05
☰	WPX - Wpx Energy Inc	Add 4.98%	99,734	0.03
☰	HUM - Humana Inc.	Add 4.10%	51,000	0.07
☰	RIG - Transocean Ltd.	Add 2.38%	72,400	0.06
☰	MSI - Motorola Solutions, Inc.	Add 2.15%	43,400	0.05
☰	BSX - Boston Scientific Corp.	Add 1.34%	191,600	0.02
☰	COF - Capital One Financial Corp.	Add 1.17%	14,500	0.02
☰	L3N - Atlas Energy LP	Add 0.83%	31,995	0.02
☰	APL - Atlas Pipeline Partners LP	Add 0.17%	8,748	0.01
☰	FCX - Freeport-McMoRan Inc.	Buy	3,106,000	2.13
☰	META - Meta Platforms, Inc.	Buy	3,161,300	1.69
☰	PAY - Paymentus Holdings, Inc.	Buy	1,258,273	0.75
☰	GIVN - Given Imaging Ltd	Buy	2,105,061	0.74
☰	CROX - Crocs, Inc.	Buy	2,149,340	0.62
☰	LNCOQ - Linn Co LLC	Buy	681,113	0.49
☰	MRK - Merck & Co., Inc.	Buy	618,320	0.48
☰	LVS - Las Vegas Sands Corp.	Buy	265,600	0.25
☰	BRE - Bre Properties Inc	Buy	96,633	0.10
	Q3 2012
☰	REXI - Resource America Inc-Cl A	Add 1091.73%	1,091,733	0.16
☰	WPX - Wpx Energy Inc	Add 92.32%	961,726	0.34
☰	ADNC - Audience Inc	Add 81.09%	341,424	0.05
☰	C - Citigroup Inc.	Add 76.14%	366,300	0.26
☰	AIG - American International Group, Inc.	Add 75.60%	3,467,700	2.42
☰	HUM - Humana Inc.	Add 65.77%	494,100	0.74
☰	MSI - Motorola Solutions, Inc.	Add 55.36%	718,900	0.77
☰	COF - Capital One Financial Corp.	Add 46.21%	390,300	0.47
☰	DNRCQ - Denbury Resources Inc	Add 39.04%	760,800	0.26
☰	DISH - Dish Network Corp-A	Add 39.03%	1,267,301	0.83
☰	HAL - Halliburton Co.	Add 25.61%	663,600	0.48
☰	BSX - Boston Scientific Corp.	Add 24.03%	2,777,000	0.34
☰	MDCA - Mdc Partners Inc-A	Add 22.07%	36,162	0.01
☰	VR - Validus Holdings Ltd	Add 20.28%	168,700	0.12
☰	RIG - Transocean Ltd.	Add 18.67%	478,800	0.46
☰	RDO - Sirius Xm Radio Inc	Add 9.23%	5,399,800	0.30
☰	QCOM - QUALCOMM Inc.	Add 8.67%	191,000	0.25
☰	GGQ1 - Google Inc-Cl A	Add 8.65%	5,300	0.09
☰	ESRX - Express Scripts Holding Co	Add 8.33%	149,100	0.20
☰	NYX - Nyse Euronext	Add 8.06%	95,100	0.05
☰	MITT - Ag Mortgage Investment Trust	Add 7.84%	6,530	0.01
☰	MET - MetLife, Inc.	Add 2.62%	74,837	0.05
☰	SLM - SLM Corp.	Add 2.50%	1,065,758	0.13
☰	MMR - Mcmoran Exploration Co	Add 2.46%	175,700	0.04
☰	L3N - Atlas Energy LP	Add 1.47%	55,939	0.04
☰	WU - The Western Union Co.	Add 0.72%	31,300	0.01
☰	KMI - Kinder Morgan, Inc.	Add 0.50%	23,300	0.02
☰	AAPL - Apple Inc.	Add 0.11%	8,400	0.00
☰	WAG - Walgreen Co	Buy	1,884,200	1.46
☰	PLCM - Polycom Inc	Buy	3,882,000	0.82
☰	CTRP - Ctrip.com International-Adr	Buy	1,732,200	0.62
☰	TV6 - Tivo Inc	Buy	2,400,000	0.53
☰	ATML - Atmel Corp	Buy	3,300,000	0.37
☰	FDO - Family Dollar Stores	Buy	207,800	0.29
☰	SPY - State Street SPDR S&P 500 ETF Trust	Buy	94,000	0.29
☰	FIG - Figma, Inc.	Buy	448,859	0.04
	Q2 2012
☰	RDO - Sirius Xm Radio Inc	Add 1348.82%	54,492,503	2.46
☰	LRCX - Lam Research Corp.	Add 685.69%	10,155,000	0.94
☰	COF - Capital One Financial Corp.	Add 382.63%	669,600	0.89
☰	KMI - Kinder Morgan, Inc.	Add 317.49%	3,523,137	2.77
☰	AIG - American International Group, Inc.	Add 213.10%	3,121,900	2.45
☰	WU - The Western Union Co.	Add 194.62%	2,869,360	1.18
☰	MSI - Motorola Solutions, Inc.	Add 189.20%	849,500	1.00
☰	MMR - Mcmoran Exploration Co	Add 135.22%	4,101,000	1.27
☰	VR - Validus Holdings Ltd	Add 118.18%	450,496	0.35
☰	PVH - PVH Corp.	Add 95.52%	336,500	0.64
☰	HAL - Halliburton Co.	Add 39.07%	728,000	0.50
☰	DISH - Dish Network Corp-A	Add 35.72%	854,392	0.60
☰	SPNT - SiriusPoint Ltd.	Add 34.35%	11,026,600	0.88
☰	LORL - Loral Space & Communications	Add 22.02%	113,600	0.19
☰	MET - MetLife, Inc.	Add 20.64%	489,192	0.33
☰	QCOM - QUALCOMM Inc.	Add 18.43%	342,700	0.47
☰	WPX - Wpx Energy Inc	Add 3.31%	33,400	0.01
☰	L3N - Atlas Energy LP	Add 0.38%	14,290	0.01
☰	ESRX - Express Scripts Holding Co	Buy	1,790,500	2.44
☰	WATS - Watson Pharmaceuticals Inc	Buy	938,300	1.70
☰	HUM - Humana Inc.	Buy	751,200	1.42
☰	EMN - Eastman Chemical Co.	Buy	811,700	1.00
☰	MDR - Mcdermott Intl Inc	Buy	1,839,600	0.50
☰	ADNC - Audience Inc	Buy	421,065	0.20
☰	VCI - Valassis Communications Inc	Buy	267,299	0.14
☰	MITT - Ag Mortgage Investment Trust	Buy	83,333	0.13
☰	MDCA - Mdc Partners Inc-A	Buy	163,838	0.05
☰	REXI - Resource America Inc-Cl A	Buy	100,000	0.02
☰	TGP - Teekay Lng Partners LP	Buy	20,000	0.02
☰	MHRCQ - Magnum Hunter Resources Corp	Buy	80,000	0.01
☰	WLTGQ - Walter Energy Inc	Buy	10,000	0.01
	Q1 2012
☰	VR - Validus Holdings Ltd	Add 3637.25%	371,000	0.25
☰	HAL - Halliburton Co.	Add 606.25%	1,599,300	1.16
☰	APC - Anadarko Petroleum Corp	Add 303.33%	647,300	1.11
☰	JPM - JPMorgan Chase & Co.	Add 153.07%	1,343,300	1.35
☰	UNH - UnitedHealth Group Inc.	Add 93.10%	1,095,100	1.41
☰	MMR - Mcmoran Exploration Co	Add 60.72%	1,145,800	0.27
☰	AAPL - Apple Inc.	Add 22.80%	1,523,200	0.71
☰	DISH - Dish Network Corp-A	Add 22.22%	434,900	0.31
☰	LINEQ - Linn Energy LLC-Units	Add 21.16%	847,900	0.71
☰	RIG - Transocean Ltd.	Add 11.22%	284,700	0.34
☰	NYX - Nyse Euronext	Add 10.92%	228,100	0.15
☰	MET - MetLife, Inc.	Add 10.29%	221,034	0.16
☰	BR - Broadridge Financial Solutions, Inc.	Add 7.23%	232,800	0.12
☰	EP - El Paso Corp	Add 6.55%	7,073	0.22
☰	XLG - Invesco S&P 500 Top 50 ETF	Add 6.48%	3,112,000	0.15
☰	CHRS - Charming Shoppes	Add 6.00%	724,500	0.09
☰	BSX - Boston Scientific Corp.	Add 4.29%	706,500	0.09
☰	QCOM - QUALCOMM Inc.	Add 2.88%	52,000	0.08
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 2.68%	5,850	0.06
☰	SPNT - SiriusPoint Ltd.	Buy	32,100,400	2.00
☰	OCN - Ocwen Financial Corp	Buy	4,755,440	1.63
☰	GGQ1 - Google Inc-Cl A	Buy	109,850	1.54
☰	C - Citigroup Inc.	Buy	1,792,400	1.43
☰	BAC - Bank of America Corp.	Buy	6,473,400	1.35
☰	WFC - Wells Fargo & Co.	Buy	1,538,800	1.15
☰	AIG - American International Group, Inc.	Buy	1,465,000	0.99
☰	BX - Blackstone Inc.	Buy	2,798,400	0.98
☰	KMI - Kinder Morgan, Inc.	Buy	1,109,700	0.94
☰	ARPJQ - Atlas Resource Partners LP	Buy	1,537,102	0.89
☰	RRC - Range Resources Corp.	Buy	581,700	0.74
☰	VRSN - VeriSign, Inc.	Buy	851,800	0.71
☰	STX - Seagate Technology Holdings plc	Buy	1,004,000	0.59
☰	WU - The Western Union Co.	Buy	1,474,353	0.57
☰	MSI - Motorola Solutions, Inc.	Buy	449,000	0.50
☰	WPX - Wpx Energy Inc	Buy	1,008,364	0.40
☰	FDO - Family Dollar Stores	Buy	240,000	0.33
☰	F - Ford Motor Co.	Buy	1,000,000	0.27
☰	COF - Capital One Financial Corp.	Buy	175,000	0.21
☰	RDO - Sirius Xm Radio Inc	Buy	4,040,000	0.20
☰	HLSSF - Home Loan Servicing Solution	Buy	469,817	0.14
☰	LRCX - Lam Research Corp.	Buy	1,481,000	0.14
☰	CCK - Crown Holdings, Inc.	Buy	135,000	0.11
☰	SXC - Suncoke Energy Inc	Buy	360,414	0.11
	Q4 2011
☰	NYX - Nyse Euronext	Add 129.16%	1,177,200	0.85
☰	RIIG - Research In Motion	Add 106.41%	1,516,400	0.61
☰	UAL - United Airlines Holdings, Inc.	Add 85.92%	1,413,600	0.74
☰	RIG - Transocean Ltd.	Add 71.52%	1,058,500	1.12
☰	CHRS - Charming Shoppes	Add 46.95%	3,860,925	0.52
☰	MMR - Mcmoran Exploration Co	Add 38.34%	523,000	0.21
☰	CTXS - Citrix Systems Inc	Add 31.58%	376,200	0.63
☰	QCOM - QUALCOMM Inc.	Add 31.04%	428,100	0.65
☰	GLD - SPDR Gold Shares	Add 27.46%	198,100	0.83
☰	JPM - JPMorgan Chase & Co.	Add 27.30%	188,200	0.17
☰	EP - El Paso Corp	Add 26.05%	22,308	0.79
☰	LNC - Lincoln National Corp.	Add 20.29%	550,700	0.30
☰	CVC - Cablevision Systems-Ny Grp-A	Add 19.20%	611,500	0.24
☰	LORL - Loral Space & Communications	Add 18.99%	82,300	0.15
☰	AAPL - Apple Inc.	Add 15.71%	907,200	0.36
☰	ETFC - E*trade Financial Corp	Add 15.08%	1,497,977	0.33
☰	MSFT - Microsoft Corp.	Add 9.09%	123,200	0.09
☰	XLG - Invesco S&P 500 Top 50 ETF	Add 3.95%	1,825,000	0.10
☰	VCI - Valassis Communications Inc	Add 3.17%	41,764	0.02
☰	WMB - The Williams Companies, Inc.	Add 0.32%	11,899	0.01
☰	EPR - EPR Properties	Buy	719,000	0.89
☰	WRC - Warnaco Group Inc/The	Buy	508,100	0.70
☰	PVH - PVH Corp.	Buy	352,300	0.69
☰	MHS - Medco Health Solutions Inc	Buy	400,000	0.62
☰	APC - Anadarko Petroleum Corp	Buy	213,400	0.45
☰	SPY - State Street SPDR S&P 500 ETF Trust	Buy	127,700	0.44
☰	SATS - EchoStar Corp.	Buy	640,910	0.37
☰	NRG - NRG Energy, Inc.	Buy	682,210	0.34
☰	MBI - MBIA Inc.	Buy	839,000	0.27
☰	TKLC - Tekelec	Buy	908,742	0.27
☰	HAL - Halliburton Co.	Buy	263,800	0.25
☰	HRB - H&R Block, Inc.	Buy	326,200	0.15
☰	RT - Ruby Tuesday Inc	Buy	360,575	0.07
☰	BBY - Best Buy Co., Inc.	Buy	75,000	0.05
☰	NTRI - Nutrisystem Inc	Buy	102,275	0.04
☰	VR - Validus Holdings Ltd	Buy	10,200	0.01
	Q3 2011
☰	MMR - Mcmoran Exploration Co	Add 4096.92%	1,331,500	0.43
☰	LORL - Loral Space & Communications	Add 711.80%	380,100	0.61
☰	BSX - Boston Scientific Corp.	Add 86.10%	7,738,100	1.48
☰	EBAY - eBay Inc.	Add 79.60%	3,810,866	1.53
☰	AAPL - Apple Inc.	Add 77.63%	2,523,360	1.11
☰	MET - MetLife, Inc.	Add 51.37%	743,998	0.60
☰	CVC - Cablevision Systems-Ny Grp-A	Add 45.07%	989,500	0.50
☰	RGC - Regal Entertainment Group-A	Add 43.50%	50,857,452	0.51
☰	ETFC - E*trade Financial Corp	Add 32.72%	2,448,700	0.72
☰	RIG - Transocean Ltd.	Add 32.25%	360,900	0.56
☰	LNC - Lincoln National Corp.	Add 30.45%	633,700	0.32
☰	TKN - Teekay Corp	Add 23.65%	337,800	0.25
☰	CHRS - Charming Shoppes	Add 19.89%	1,364,300	0.11
☰	GLD - SPDR Gold Shares	Add 15.46%	96,600	0.49
☰	CTXS - Citrix Systems Inc	Add 9.92%	107,500	0.19
☰	WMB - The Williams Companies, Inc.	Add 9.79%	329,735	0.21
☰	CVS - CVS Health Corp.	Add 9.12%	223,600	0.24
☰	XS6 - Sunoco Inc	Add 7.89%	234,700	0.24
☰	UNH - UnitedHealth Group Inc.	Add 6.40%	71,400	0.11
☰	SLM - SLM Corp.	Add 4.98%	2,503,371	0.36
☰	EXXIQ - Energy Xxi Bermuda	Add 4.44%	163,500	0.11
☰	DISH - Dish Network Corp-A	Add 3.38%	81,400	0.07
☰	L3N - Atlas Energy LP	Add 3.23%	123,800	0.07
☰	APL - Atlas Pipeline Partners LP	Add 1.81%	102,100	0.10
☰	XLG - Invesco S&P 500 Top 50 ETF	Add 1.27%	579,000	0.04
☰	UFS - Domtar Corp	Add 0.82%	5,000	0.01
☰	QCOM - QUALCOMM Inc.	Buy	1,379,300	2.17
☰	MSFT - Microsoft Corp.	Buy	1,355,000	1.09
☰	RIIG - Research In Motion	Buy	1,425,000	0.93
☰	NYX - Nyse Euronext	Buy	911,400	0.68
☰	LQD - iShares iBoxx $ Investment Grade Corporate Bond ETF	Buy	75,000	0.27
☰	WEN - The Wendy's Co.	Buy	470,400	0.07
☰	AEO - American Eagle Outfitters, Inc.	Buy	65,872	0.02
	Q2 2011
☰	IBM - International Business Machines Corp.	Add 1140.60%	1,604,669	1.00
☰	ODP - Office Depot Inc	Add 950.14%	1,268,443	0.13
☰	VCI - Valassis Communications Inc	Add 143.29%	801,136	0.58
☰	PNC - The PNC Financial Services Group, Inc.	Add 119.18%	236,924	0.34
☰	XS6 - Sunoco Inc	Add 108.76%	1,549,912	1.56
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 48.92%	1,104,580	1.28
☰	AON-W - Aon Corp	Add 48.24%	266,311	0.33
☰	AAPL - Apple Inc.	Add 44.38%	999,152	0.29
☰	RIG - Transocean Ltd.	Add 43.92%	341,545	0.53
☰	TWX - Time Warner Inc	Add 42.77%	731,399	0.64
☰	CTXS - Citrix Systems Inc	Add 40.14%	310,399	0.60
☰	DNRCQ - Denbury Resources Inc	Add 33.47%	1,030,227	0.50
☰	GM - General Motors Co.	Add 22.40%	713,037	0.52
☰	MET - MetLife, Inc.	Add 22.23%	263,429	0.25
☰	RGC - Regal Entertainment Group-A	Add 21.54%	20,718,550	0.16
☰	FLWS - 1-800-Flowers.com Inc-Cl A	Add 18.55%	38,454	0.00
☰	CVS - CVS Health Corp.	Add 15.21%	323,655	0.29
☰	DISCK - Discovery Communications-C	Add 13.37%	359,991	0.32
☰	ETFC - E*trade Financial Corp	Add 12.78%	847,922	0.28
☰	LOW - Lowe's Companies, Inc.	Add 11.43%	132,137	0.07
☰	JPM - JPMorgan Chase & Co.	Add 9.24%	159,264	0.16
☰	VODD - Vodafone Group Plc-Sp Adr	Add 9.13%	112,956	0.07
☰	JBL - Jabil Inc.	Add 8.25%	227,644	0.11
☰	UNH - UnitedHealth Group Inc.	Add 5.53%	58,472	0.07
☰	UFS - Domtar Corp	Add 4.95%	28,753	0.07
☰	LNC - Lincoln National Corp.	Add 3.35%	67,516	0.05
☰	CVC - Cablevision Systems-Ny Grp-A	Add 1.81%	39,014	0.03
☰	L3N - Atlas Energy LP	Add 0.47%	17,800	0.01
☰	XLG - Invesco S&P 500 Top 50 ETF	Add 0.38%	171,000	0.01
☰	SLM - SLM Corp.	Add 0.09%	44,768	0.01
☰	EP - El Paso Corp	Buy	86,508	2.02
☰	EBAY - eBay Inc.	Buy	4,787,640	1.57
☰	BSX - Boston Scientific Corp.	Buy	8,987,100	1.50
☰	CEPH - Cephalon Inc	Buy	734,000	1.41
☰	GIVN - Given Imaging Ltd	Buy	2,716,728	1.33
☰	TKN - Teekay Corp	Buy	1,428,300	1.06
☰	HAS - Hasbro, Inc.	Buy	625,000	0.66
☰	LLFLQ - Lumber Liquidators Holdings	Buy	661,000	0.40
☰	BBY - Best Buy Co., Inc.	Buy	379,537	0.29
☰	SDTTU - Sandridge Mississippian Trus	Buy	300,000	0.19
☰	DST - Dst Systems Inc	Buy	219,600	0.14
☰	LORL - Loral Space & Communications	Buy	53,400	0.09
☰	NWL - Newell Brands Inc.	Buy	106,540	0.04
☰	SONC - Sonic Corp	Buy	147,210	0.04
☰	MMR - Mcmoran Exploration Co	Buy	32,500	0.01
	Q1 2011
☰	MET - MetLife, Inc.	Add 428.05%	960,544	0.97
☰	RDN - Radian Group Inc.	Add 318.91%	2,442,964	0.42
☰	JBL - Jabil Inc.	Add 169.17%	1,734,000	0.90
☰	GENON - Genon Energy Inc	Add 159.28%	9,097,700	0.88
☰	AAPL - Apple Inc.	Add 87.85%	1,052,800	0.33
☰	GM - General Motors Co.	Add 27.51%	686,900	0.54
☰	ETFC - E*trade Financial Corp	Add 26.09%	1,373,000	0.55
☰	HOTT - Hot Topic Inc	Add 17.75%	32,123	0.00
☰	27T - Thl Credit Inc	Add 16.71%	189,407	0.07
☰	VODD - Vodafone Group Plc-Sp Adr	Add 16.37%	174,000	0.13
☰	CVC - Cablevision Systems-Ny Grp	Add 15.54%	290,000	0.26
☰	CHRS - Charming Shoppes	Add 15.47%	1,194,027	0.13
☰	LINEQ - Linn Energy LLC	Add 14.01%	500,000	0.49
☰	JPM - JPMorgan Chase & Co.	Add 6.10%	99,200	0.12
☰	MSFT - Microsoft Corp.	Add 5.77%	196,700	0.13
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 5.57%	119,200	0.15
☰	CYD - China Yuchai International Ltd.	Add 1.86%	10,100	0.01
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 1.78%	4,362	0.03
☰	MTG - MGIC Investment Corp.	Add 1.72%	153,700	0.03
☰	ECA - Encana Corp	Add 1.57%	15,000	0.01
☰	TWX - Time Warner Inc	Add 1.42%	24,000	0.02
☰	GLD - SPDR Gold Shares	Add 1.30%	8,000	0.03
☰	WMB - The Williams Companies, Inc.	Add 1.29%	43,057	0.03
☰	MMM - 3M Co.	Add 1.27%	17,461	0.03
☰	WMT - Walmart Inc.	Add 1.10%	30,900	0.01
☰	SLM - SLM Corp.	Add 1.02%	506,997	0.07
☰	BR - Broadridge Financial Solutions, Inc.	Add 0.99%	37,900	0.02
☰	DNRCQ - Denbury Resources Inc	Add 0.36%	11,100	0.01
☰	EXXIQ - Energy Xxi Bermuda	Add 0.31%	12,400	0.01
☰	DISCK - Discovery Communications	Buy	2,691,700	2.41
☰	L3N - Atlas Energy LP	Buy	3,815,748	2.17
☰	VZ - Verizon Communications Inc.	Buy	2,018,800	1.98
☰	CVS - CVS Health Corp.	Buy	2,128,000	1.86
☰	XS6 - Sunoco Inc	Buy	1,425,100	1.65
☰	CTXS - Citrix Systems Inc	Buy	773,300	1.44
☰	BAC - Bank of America Corp.	Buy	2,537,000	0.86
☰	LOW - Lowe's Companies, Inc.	Buy	1,155,700	0.78
☰	AON-W - Aon Corp	Buy	552,000	0.74
☰	IGT - Intl Game Technology	Buy	1,566,000	0.65
☰	QCOM - QUALCOMM Inc.	Buy	365,200	0.51
☰	VCI - Valassis Communications Inc	Buy	559,100	0.41
☰	GT - The Goodyear Tire & Rubber Co.	Buy	1,060,800	0.40
☰	BP - BP p.l.c.	Buy	282,700	0.32
☰	PNC - The PNC Financial Services Group, Inc.	Buy	198,800	0.32
☰	CRM - Salesforce, Inc.	Buy	280,000	0.24
☰	ODP - Office Depot Inc	Buy	133,501	0.02
☰	GGQ1 - Google Inc	Buy	600	0.01
	Q4 2010
☰	GME - Gamestop Corp	Add 100410.75%	373,528	0.06
☰	CHRS - Charming Shoppes	Add 864.39%	6,919,984	0.64
☰	C - Citigroup Inc.	Add 682.17%	692,400	0.86
☰	TWX - Time Warner Inc	Add 349.60%	1,311,000	1.11
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 303.07%	184,000	1.11
☰	MSFT - Microsoft Corp.	Add 195.66%	2,254,600	1.65
☰	RIG - Transocean Ltd.	Add 103.95%	426,200	0.78
☰	JPM - JPMorgan Chase & Co.	Add 52.89%	562,100	0.63
☰	MMM - 3M Co.	Add 41.35%	400,660	0.76
☰	MGLN - Magellan Health Services Inc	Add 28.17%	186,000	0.23
☰	DISH - Dish Network Corp	Add 20.24%	405,000	0.21
☰	AAPL - Apple Inc.	Add 17.26%	176,400	0.05
☰	GLD - SPDR Gold Shares	Add 15.11%	81,000	0.29
☰	27T - Thl Credit Inc	Add 7.92%	83,200	0.03
☰	KFN - Kkr Financial Holdings LLC	Add 7.71%	1,104,000	0.27
☰	IBM - International Business Machines Corp.	Add 7.69%	10,042	0.04
☰	CVC - Cablevision Systems	Add 5.66%	100,000	0.09
☰	OCR - Omnicare Inc	Add 3.37%	100,000	0.07
☰	FLWS - 1-800-Flowers.com Inc	Add 1.88%	4,669	0.00
☰	GIVN - Given Imaging Ltd	Add 1.74%	50,000	0.02
☰	DNRCQ - Denbury Resources Inc	Add 1.37%	41,400	0.02
☰	SLM - SLM Corp.	Add 0.20%	98,490	0.01
☰	8251545Q - Atlas Energy Inc	Add 0.08%	5,399	0.01
☰	APL - Atlas Pipeline Partners LP	Buy	5,639,218	3.65
☰	UAL - United Airlines Holdings, Inc.	Buy	4,175,124	2.61
☰	GM - General Motors Co.	Buy	2,496,900	2.41
☰	PHH - Phh Corp	Buy	1,874,500	1.14
☰	OSK - Oshkosh Corp.	Buy	1,004,800	0.93
☰	BX - Blackstone Inc.	Buy	2,261,200	0.84
☰	ECA - Encana Corp	Buy	955,000	0.73
☰	6684 - Hewlett-Packard Co	Buy	592,000	0.65
☰	GENON - Genon Energy Inc	Buy	5,711,700	0.57
☰	JBL - Jabil Inc.	Buy	1,025,000	0.54
☰	MET - MetLife, Inc.	Buy	224,400	0.23
☰	RDN - Radian Group Inc.	Buy	766,036	0.16
☰	CEDCQ - Central Euro Distribution Cp	Buy	145,000	0.09
☰	GGP* - General Growth Properties	Buy	195,700	0.08
☰	WTSLQ - Wet Seal Inc/The	Buy	754,473	0.07
☰	HHC - Howard Hughes Corp/The	Buy	35,721	0.05
☰	KR - The Kroger Co.	Buy	99,784	0.03
☰	RAH - Ralcorp Holdings Inc	Buy	19,289	0.03
☰	SWY - Safeway Inc	Buy	33,262	0.02
☰	RGSE - Real Goods Solar Inc	Buy	10,194	0.00
	Q3 2010
☰	MMM - 3M Co.	Add 937.26%	875,472	2.06
☰	SKX - Skechers Usa Inc	Add 672.10%	41,381	0.03
☰	KCP - Kenneth Cole Productions	Add 538.90%	16,388	0.01
☰	FLWS - Name Of Issuer 1-800-Flowers.com Inc	Add 373.24%	195,879	0.01
☰	CYD - China Yuchai International Ltd.	Add 257.58%	478,600	0.30
☰	PXP - Plains Exploration & Product	Add 191.38%	2,139,000	1.85
☰	TWX - Time Warner Inc	Add 59.57%	140,000	0.14
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 56.16%	770,800	1.32
☰	CHRS - Charming Shoppes	Add 43.62%	243,153	0.03
☰	DISH - Dish Network Corp	Add 43.37%	605,200	0.38
☰	DNRCQ - Denbury Resources Inc	Add 37.40%	823,500	0.42
☰	WFC - Wells Fargo & Co.	Add 36.35%	326,900	0.27
☰	C - Citigroup Inc.	Add 32.68%	25,000	0.03
☰	GIVN - Given Imaging Ltd	Add 2.92%	81,646	0.05
☰	JPM - JPMorgan Chase & Co.	Add 2.38%	24,700	0.03
☰	RGC - Regal Entertainment Group	Add 1.95%	2,104,554	0.02
☰	SLM - SLM Corp.	Add 0.97%	475,100	0.06
☰	KFN - Kkr Financial Holdings LLC	Add 0.08%	11,300	0.00
☰	XLG - Invesco S&P 500 Top 50 ETF	Buy	45,587,370	3.20
☰	OCR - Omnicare Inc	Buy	2,968,000	2.30
☰	WMT - Walmart Inc.	Buy	2,820,000	1.63
☰	BNY - The Bank of New York Mellon Cor	Buy	1,335,000	1.13
☰	CSCO - Cisco Systems, Inc.	Buy	1,452,900	1.03
☰	MGLN - Magellan Health Services Inc	Buy	660,200	1.01
☰	RDO - Sirius Xm Radio Inc	Buy	24,517,500	0.95
☰	MSFT - Microsoft Corp.	Buy	1,152,300	0.91
☰	RIG - Transocean Ltd.	Buy	410,000	0.85
☰	GS - The Goldman Sachs Group, Inc.	Buy	130,800	0.61
☰	MMR - Mcmoran Exploration Co	Buy	1,020,000	0.57
☰	IBM - International Business Machines Corp.	Buy	130,645	0.54
☰	ADU1 - Adc Telecommunications Inc	Buy	1,013,200	0.42
☰	URI - United Rentals, Inc.	Buy	867,700	0.42
☰	AAPL - Apple Inc.	Buy	1,022,000	0.34
☰	BBY - Best Buy Co., Inc.	Buy	251,900	0.33
☰	1813250D - Center Bancorp Inc	Buy	545,000	0.14
☰	MCO - Moody's Corp.	Buy	110,000	0.09
☰	SSCC - Smurfit-Stone Container Corp	Buy	6	0.08
	Q2 2010
☰	PXP - Plains Exploration & Product	Add 199.65%	744,700	0.61
☰	YHOO - Yahoo! Inc	Add 184.38%	2,892,400	1.60
☰	JPM - JPMorgan Chase & Co.	Add 171.90%	656,300	0.96
☰	XOM - ExxonMobil Holdings Corp.	Add 171.34%	496,876	1.13
☰	GME - Gamestop Corp	Add 133.07%	332,532	0.06
☰	STLD - Steel Dynamics, Inc.	Add 104.58%	74,747	0.04
☰	PPMIQ - Pmi Group Inc/The	Add 95.89%	3,879,600	0.45
☰	PWRD - Perfect World Co	Add 86.23%	69,500	0.06
☰	DPZ - Domino's Pizza, Inc.	Add 81.13%	119,021	0.05
☰	CDNS - Cadence Design Systems, Inc.	Add 58.64%	545,800	0.13
☰	MTG - MGIC Investment Corp.	Add 50.75%	3,115,900	0.86
☰	KSS - Kohl's Corp.	Add 45.96%	206,506	0.39
☰	JNK - State Street SPDR Bloomberg High Yield Bond ETF	Add 32.24%	125,233	0.57
☰	LINEQ - Linn Energy LLC-Units	Add 28.86%	1,101,400	1.17
☰	FLWS - 1-800-Flowers.com Inc	Add 27.67%	11,374	0.00
☰	APL - Atlas Pipeline Partners LP	Add 25.85%	1,071,300	0.41
☰	UFS - Domtar Corp	Add 22.67%	148,063	0.29
☰	8251545Q - Atlas Energy Inc	Add 21.89%	1,246,491	1.34
☰	TLAB - Tellabs Inc	Add 21.33%	610,500	0.16
☰	0932283D - Casual Male Retail Group Inc	Add 20.53%	151,246	0.02
☰	IP - International Paper Co.	Add 15.82%	233,752	0.20
☰	SEM-OLD - Select Medical Holdings Corp	Add 14.03%	603,571	0.09
☰	STZ - Constellation Brands, Inc.	Add 12.18%	5,358	0.00
☰	HOTT - Hot Topic Inc	Add 11.63%	32,525	0.01
☰	DNRCQ - Denbury Resources Inc	Add 11.39%	225,100	0.13
☰	RGC - Regal Entertainment Group	Add 8.51%	8,451,846	0.12
☰	CVC - Cablevision Systems	Add 8.07%	136,500	0.13
☰	MMM - 3M Co.	Add 8.02%	6,937	0.02
☰	SLM - SLM Corp.	Add 7.76%	3,537,512	0.52
☰	ASPS - Altisource Portfolio Solutions S.A.	Add 7.08%	4,013	0.03
☰	KFN - Kkr Financial Holdings LLC	Add 6.15%	830,000	0.25
☰	CCL - Carnival Corp. Ltd.	Add 4.15%	20,000	0.02
☰	BR - Broadridge Financial Solutions, Inc.	Add 3.04%	113,100	0.09
☰	EXXIQ - Energy Xxi Bermuda	Add 2.52%	99,900	0.06
☰	PTV - Pactiv Corporation	Add 1.45%	26,700	0.03
☰	F - Ford Motor Co.	Add 0.29%	17,500	0.01
☰	GLD - SPDR Gold Shares	Buy	542,000	2.63
☰	ETFC - E*trade Financial Corp	Buy	5,281,310	2.49
☰	SWK - Stanley Black & Decker, Inc.	Buy	420,000	0.85
☰	RCI - Rogers Communications Inc.	Buy	463,800	0.61
☰	27T - Thl Credit Inc	Buy	1,050,000	0.48
☰	TWX - Time Warner Inc	Buy	235,000	0.27
☰	TRMB - Trimble Inc.	Buy	386,000	0.22
☰	NTY - Nbty Inc	Buy	150,000	0.20
☰	AN - AutoNation, Inc.	Buy	187,200	0.15
☰	C - Citigroup Inc.	Buy	76,500	0.11
☰	CYD - China Yuchai International Ltd.	Buy	185,809	0.11
☰	HIMX - Himax Technologies Inc-Adr	Buy	743,639	0.09
☰	CHRS - Charming Shoppes	Buy	557,410	0.08
☰	JAKK - Jakks Pacific Inc	Buy	10,062	0.06
☰	CHRM - Charm Communications Inc	Buy	150,000	0.05
☰	SBH - Sally Beauty Holdings, Inc.	Buy	110,164	0.04
☰	AEO - American Eagle Outfitters, Inc.	Buy	41,191	0.02
☰	TAP - Molson Coors Beverage Co.	Buy	13,992	0.02
☰	APPCQ - American Apparel Inc	Buy	188,880	0.01
☰	CLUBQ - Town Sports International	Buy	74,992	0.01
☰	SKX - Skechers Usa Inc	Buy	6,157	0.01
☰	KCP - Cole Kenneth Productions	Buy	3,041	0.00
	Q1 2010
☰	EKDKQ - Eastman Kodak Co	Add 2174.84%	3,983,104	0.68
☰	CXW* - Corrections Corp Of America	Add 998.67%	749,000	0.44
☰	VODD - Vodafone Group Plc	Add 677.97%	960,000	0.66
☰	XS6 - Sunoco Inc	Add 403.93%	1,211,800	1.06
☰	ICON* - Iconix Brand Group Inc	Add 313.11%	401,672	0.18
☰	KSS - Kohl's Corp.	Add 282.71%	331,900	0.54
☰	CCL - Carnival Corp. Ltd.	Add 146.24%	285,900	0.33
☰	PPMIQ - Pmi Group Inc/The	Add 142.71%	2,379,000	0.38
☰	MGAM - Multimedia Games Inc	Add 112.72%	248,239	0.03
☰	BR - Broadridge Financial Solutions, Inc.	Add 112.40%	1,971,200	1.24
☰	TEX - Terex Corp.	Add 51.81%	581,500	0.39
☰	GIVN - Given Imaging Ltd	Add 41.69%	832,600	0.58
☰	CROX - Crocs, Inc.	Add 36.23%	688,820	0.18
☰	EGRP - E*trade Financial Corp	Add 30.12%	10,817,000	0.53
☰	F - Ford Motor Co.	Add 28.18%	1,326,700	0.49
☰	0932283D - Casual Male Retail Group Inc	Add 25.28%	148,684	0.02
☰	YHOO - Yahoo! Inc	Add 24.45%	308,200	0.15
☰	UFS - Domtar Corp	Add 20.14%	109,500	0.21
☰	BAC - Bank of America Corp.	Add 19.35%	720,000	0.38
☰	MRK - Merck & Co., Inc.	Add 17.44%	425,698	0.45
☰	CVC - Cablevision Systems	Add 15.59%	228,000	0.16
☰	STT - State Street Corp.	Add 15.31%	101,900	0.14
☰	LO - Lorillard Inc	Add 13.53%	77,400	0.17
☰	DPZ - Domino's Pizza, Inc.	Add 10.44%	13,874	0.01
☰	MCD - McDonald's Corp.	Add 9.58%	59,200	0.12
☰	TRV - The Travelers Companies, Inc.	Add 8.72%	75,000	0.12
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 7.16%	108,100	0.20
☰	DISH - Dish Network Corp-A	Add 6.60%	109,300	0.07
☰	LNC - Lincoln National Corp.	Add 6.51%	173,100	0.16
☰	LINEQ - Linn Energy LLC	Add 6.40%	229,700	0.17
☰	AES - The AES Corp.	Add 6.07%	362,200	0.12
☰	COEB - Continental Airlines	Add 5.75%	144,400	0.09
☰	DAL - Delta Air Lines, Inc.	Add 5.42%	221,300	0.10
☰	VR - Validus Holdings Ltd	Add 4.75%	72,400	0.06
☰	TLB - Talbots Inc	Add 3.93%	5,694	0.00
☰	RIG - Transocean Ltd.	Add 2.05%	43,600	0.11
☰	SLM - SLM Corp.	Add 1.35%	606,326	0.08
☰	JNK - State Street SPDR Bloomberg High Yield Bond ETF	Add 0.87%	3,333	0.01
☰	MSFT - Microsoft Corp.	Buy	3,387,800	2.93
☰	EXXIQ - Energy Xxi Bermuda	Buy	3,963,680	2.09
☰	APL - Atlas Pipeline Partners LP	Buy	4,144,318	1.70
☰	PTV - Pactiv Corporation	Buy	1,844,000	1.37
☰	RGC - Regal Entertainment Group	Buy	99,316,800	1.35
☰	IP - International Paper Co.	Buy	1,477,682	1.00
☰	DNRCQ - Denbury Resources Inc	Buy	1,976,600	0.98
☰	SPY - State Street SPDR S&P 500 ETF Trust	Buy	240,000	0.83
☰	TLAB - Tellabs Inc	Buy	2,862,200	0.64
☰	XTO - Xto Energy Inc	Buy	427,700	0.60
☰	CIT - Cit Group Inc	Buy	315,900	0.36
☰	PXP - Plains Exploration & Product	Buy	373,000	0.33
☰	ASPS - Altisource Portfolio Solutions S.A.	Buy	56,700	0.30
☰	ADU1 - Adc Telecommunications Inc	Buy	908,300	0.20
☰	CDNS - Cadence Design Systems, Inc.	Buy	930,800	0.18
☰	6686 - Motorola Inc	Buy	713,000	0.15
☰	NOK - Nokia Oyj	Buy	285,000	0.13
☰	AKAM - Akamai Technologies, Inc.	Buy	128,400	0.12
☰	ISNA - Supermedia Inc	Buy	91,098	0.11
☰	PWRD - Perfect World Co Ltd	Buy	80,600	0.09
☰	TSM - Taiwan Semiconductor	Buy	250,000	0.08
☰	EJ - E-House China Holdings	Buy	92,000	0.05
☰	HOTT - Hot Topic Inc	Buy	279,570	0.05
☰	GME - Gamestop Corp	Buy	249,896	0.04
☰	STLD - Steel Dynamics, Inc.	Buy	71,475	0.04
☰	2818750Q - Lions Gate Entertainment Cor	Buy	150,985	0.03
☰	STZ - Constellation Brands, Inc.	Buy	43,976	0.02
☰	WINN - Winn-Dixie Stores Inc	Buy	44,959	0.02
☰	FLWS - 1-800-Flowers.com Inc	Buy	41,107	0.00
☰	TTWO - Take-Two Interactive Software, Inc.	Buy	3,617	0.00
	Q4 2009
☰	CROX - Crocs, Inc.	Add 485.07%	1,576,485	0.34
☰	LFCHY - China Life Insurance Co	Add 324.67%	243,500	0.67
☰	MCD - McDonald's Corp.	Add 240.04%	436,400	1.02
☰	JPM - JPMorgan Chase & Co.	Add 218.98%	300,000	0.47
☰	CMCSK - Comcast Corp	Add 204.03%	2,989,300	1.79
☰	DPZ - Domino's Pizza, Inc.	Add 179.13%	85,244	0.03
☰	PFE - Pfizer Inc.	Add 151.08%	3,229,320	2.08
☰	TRV - The Travelers Companies, Inc.	Add 114.32%	458,900	0.85
☰	TEX - Terex Corp.	Add 105.57%	576,400	0.43
☰	AAP - Advance Auto Parts, Inc.	Add 53.16%	47,100	0.07
☰	VR - Validus Holdings Ltd	Add 51.65%	518,800	0.52
☰	MGAM - Multimedia Games Inc	Add 43.84%	67,114	0.02
☰	GIVN - Given Imaging Ltd	Add 43.65%	606,901	0.40
☰	CVC - Cablevision Systems	Add 35.07%	379,717	0.37
☰	AXS - AXIS Capital Holdings Ltd.	Add 16.44%	193,100	0.20
☰	MGLN - Magellan Health Services Inc	Add 9.92%	30,400	0.05
☰	BR - Broadridge Financial Solutions, Inc.	Add 9.27%	148,800	0.13
☰	EGRP - E*trade Financial Corp	Add 9.07%	2,986,200	0.20
☰	LNC - Lincoln National Corp.	Add 4.93%	125,000	0.12
☰	KFN - Kkr Financial Holdings LLC	Add 3.95%	513,000	0.11
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 1.55%	23,000	0.05
☰	DISH - Dish Network Corp	Add 0.70%	11,500	0.01
☰	SLM - SLM Corp.	Add 0.58%	258,815	0.04
☰	MRK - Merck & Co., Inc.	Buy	2,441,017	3.18
☰	F - Ford Motor Co.	Buy	4,708,500	1.76
☰	MTG - MGIC Investment Corp.	Buy	6,645,300	1.43
☰	EXXI - Energy Xxi (bermuda) Ltd	Buy	13,722,400	1.18
☰	STT - State Street Corp.	Buy	665,700	1.08
☰	WFC - Wells Fargo & Co.	Buy	1,000,000	1.01
☰	SEM-OLD - Select Medical Holdings Corp	Buy	4,640,000	0.99
☰	XOM - ExxonMobil Holdings Corp.	Buy	341,000	0.87
☰	YHOO - Yahoo! Inc	Buy	1,260,500	0.79
☰	GS - The Goldman Sachs Group, Inc.	Buy	118,000	0.74
☰	RTN - Raytheon Company	Buy	215,000	0.41
☰	SHAW - Shaw Group Inc	Buy	334,000	0.36
☰	XS6 - Sunoco Inc	Buy	300,000	0.29
☰	WD5 - Wyndham Worldwide Corp	Buy	327,200	0.25
☰	KSS - Kohl's Corp.	Buy	117,400	0.24
☰	TGT - Target Corp.	Buy	131,000	0.24
☰	BSBR - Banco SAntander Brasil S A	Buy	400,000	0.21
☰	CLDPQ - Cloud Peak Energy Inc	Buy	271,500	0.15
☰	OPLN - OPENLANE, Inc.	Buy	739,760	0.14
☰	INET - Internet Brands Inc	Buy	266,600	0.08
☰	CXW* - Corrections Corp Of America	Buy	75,000	0.07
☰	CMCSA - Comcast Corp.	Buy	208,065	0.06
☰	ICON* - Iconix Brand Group Inc	Buy	128,283	0.06
☰	0932283D - Casual Male Retail Group Inc	Buy	588,081	0.05
☰	SGI - Somnigroup International Inc.	Buy	230,428	0.05
☰	TLB - Talbots Inc	Buy	144,799	0.05
☰	CRI - Carter's, Inc.	Buy	36,200	0.04
☰	NWL - Newell Brands Inc.	Buy	68,489	0.04
☰	EKDKQ - Eastman Kodak Co	Buy	183,145	0.03
☰	AEO - American Eagle Outfitters, Inc.	Buy	36,200	0.02
☰	BGPIQ - Borders Group Inc	Buy	199,099	0.01
	Q3 2009
☰	SATS - EchoStar Corp.	Add 3014.67%	904,400	0.70
☰	TRV - The Travelers Companies, Inc.	Add 1775.70%	380,000	0.78
☰	EMC - Emc Corp/Mass	Add 140.21%	1,735,700	1.23
☰	DISH - Dish Network Corp-A	Add 75.47%	707,600	0.57
☰	GIVN - Given Imaging Ltd	Add 42.07%	411,700	0.26
☰	VR - Validus Holdings Ltd	Add 40.69%	290,500	0.31
☰	JNK - State Street SPDR Bloomberg High Yield Bond ETF	Add 32.11%	96,300	0.46
☰	KFN - Kkr Financial Holdings LLC	Add 24.77%	2,575,400	0.50
☰	APL - Atlas Pipeline Partners LP	Add 18.57%	681,000	0.21
☰	SPL - Schering-Plough Corp	Add 12.05%	431,800	0.51
☰	BAC - Bank of America Corp.	Add 10.34%	405,700	0.29
☰	NUE - Nucor Corp.	Add 7.31%	46,000	0.09
☰	COEB - Continental Airlines	Add 6.21%	150,000	0.10
☰	TRH - Transatlantic Holdings Inc	Add 6.06%	20,100	0.04
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 1.58%	23,100	0.05
☰	RIG - Transocean Ltd.	Add 0.89%	18,900	0.07
☰	XTO - Xto Energy Inc	Add 0.40%	400	0.00
☰	8251545Q - Atlas Energy Inc	Buy	6,571,475	7.41
☰	EGRP - E*trade Financial Corp	Buy	32,923,900	2.40
☰	LMDIA - Liberty Media Corp-Ent Ser A	Buy	1,492,600	1.93
☰	PFE - Pfizer Inc.	Buy	2,137,512	1.40
☰	BR - Broadridge Financial Solutions, Inc.	Buy	1,604,900	1.34
☰	CVC - Cablevision Systems-Ny Grp-A	Buy	1,082,700	1.07
☰	CMCSK - Comcast Corp - Special Cl A	Buy	1,465,100	0.98
☰	PEP - PepsiCo, Inc.	Buy	315,100	0.77
☰	C - Citigroup Inc.	Buy	245,000	0.49
☰	OLN - Olin Corp.	Buy	643,700	0.47
☰	TEX - Terex Corp.	Buy	546,000	0.47
☰	JAVA - JPMorgan Active Value ETF	Buy	1,209,500	0.46
☰	HES - Hess Corp	Buy	200,000	0.45
☰	VODD - Vodafone Group Plc-Sp Adr	Buy	464,500	0.44
☰	MCD - McDonald's Corp.	Buy	181,800	0.43
☰	MGLN - Magellan Health Services Inc	Buy	306,500	0.40
☰	BNY - The Bank of New York Mellon Cor	Buy	306,000	0.37
☰	NOK - Nokia Oyj	Buy	595,000	0.36
☰	PPMIQ - Pmi Group Inc/The	Buy	1,667,000	0.30
☰	6683 - General Electric Co	Buy	400,000	0.27
☰	JPM - JPMorgan Chase & Co.	Buy	137,000	0.25
☰	HOLX-OLD - Hologic Inc	Buy	330,000	0.22
☰	TWC - Time Warner Cable	Buy	121,300	0.22
☰	LFCHY - China Life Insurance Co-Adr	Buy	75,000	0.21
☰	CMP - Compass Minerals International, Inc.	Buy	70,700	0.18
☰	PG - The Procter & Gamble Co.	Buy	75,000	0.18
☰	LMIG - Liberty Global Inc-A	Buy	184,200	0.17
☰	ORCL - Oracle Corp.	Buy	200,000	0.17
☰	AAP - Advance Auto Parts, Inc.	Buy	88,600	0.14
☰	NMR - Nomura Holdings, Inc.	Buy	500,000	0.13
☰	AZO - AutoZone, Inc.	Buy	15,800	0.10
☰	CROX - Crocs, Inc.	Buy	325,000	0.09
☰	CBKCQ - Christopher & Banks Corp	Buy	118,082	0.03
☰	MGAM - Multimedia Games Inc	Buy	153,105	0.03
☰	SHLDQ - Sears Holdings Corp	Buy	10,000	0.03
☰	DPZ - Domino's Pizza, Inc.	Buy	47,587	0.02
☰	4NF - Solarwinds Inc	Buy	10,100	0.01
☰	RRGB - Red Robin Gourmet Burgers	Buy	10,000	0.01
☰	WOLF - Great Wolf Resorts Inc	Buy	49,463	0.01
	Q2 2009
☰	EXC - Exelon Corp.	Add 248.76%	788,547	1.55
☰	EIX - Edison International	Add 179.76%	120,800	0.20
☰	DAL - Delta Air Lines, Inc.	Add 131.83%	2,424,400	0.75
☰	JNK - State Street SPDR Bloomberg High Yield Bond ETF	Add 73.00%	126,534	0.72
☰	KFN - Kkr Financial Holdings LLC	Add 43.12%	3,132,300	0.16
☰	WMB - The Williams Companies, Inc.	Add 26.17%	1,030,923	0.70
☰	WYE - Wyeth	Add 25.63%	305,000	0.74
☰	AES - The AES Corp.	Add 20.49%	1,139,157	0.71
☰	EBAY - eBay Inc.	Add 19.63%	1,608,700	0.62
☰	GLD - SPDR Gold Shares	Add 18.25%	25,000	0.12
☰	COEB - Continental Airlines-Class B	Add 10.34%	226,600	0.11
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 9.05%	121,400	0.32
☰	SLM - SLM Corp.	Add 8.57%	3,797,726	0.75
☰	RIG - Transocean Ltd.	Add 6.99%	138,900	0.55
☰	ATN - Atlas Energy Resources LLC	Add 5.17%	192,000	0.21
☰	GIVN - Given Imaging Ltd	Add 0.30%	2,900	0.00
☰	SPL - Schering-Plough Corp	Buy	3,582,800	4.83
☰	SPY - State Street SPDR S&P 500 ETF Trust	Buy	949,225	4.69
☰	BAC - Bank of America Corp.	Buy	3,923,800	2.78
☰	LNC - Lincoln National Corp.	Buy	2,653,800	2.45
☰	LO - Lorillard Inc	Buy	650,090	2.37
☰	AXS - AXIS Capital Holdings Ltd.	Buy	1,523,960	2.14
☰	EA - Electronic Arts Inc.	Buy	804,800	0.94
☰	BRK.A - Berkshire Hathaway CL A	Buy	188	0.91
☰	EMC - Emc Corp/Mass	Buy	1,237,900	0.87
☰	MS - Morgan Stanley	Buy	568,700	0.87
☰	VR - Validus Holdings Ltd	Buy	713,900	0.84
☰	TRH - Transatlantic Holdings Inc	Buy	331,700	0.77
☰	ELX - Emulex Corp	Buy	1,321,800	0.69
☰	WFC - Wells Fargo & Co.	Buy	498,700	0.65
☰	QWC - Qwest Communications Intl	Buy	2,328,435	0.52
☰	UFS - Domtar Corp	Buy	544,538	0.48
☰	QCOM - QUALCOMM Inc.	Buy	164,803	0.40
☰	BBEPQ - Breitburn Energy Partners LP	Buy	819,600	0.34
☰	IPCR - Ipc Holdings Ltd	Buy	228,000	0.33
☰	LUMN - Lumen Technologies, Inc.	Buy	180,162	0.30
☰	MMM - 3M Co.	Buy	110,469	0.30
☰	CCL - Carnival Corp. Ltd.	Buy	199,400	0.28
☰	YHOO - Yahoo! Inc	Buy	333,945	0.28
☰	MSFT - Microsoft Corp.	Buy	175,434	0.22
☰	VSAT - Viasat, Inc.	Buy	139,800	0.19
☰	DLCA - Dell Inc	Buy	243,600	0.18
☰	SUU - Suntrust Banks Inc	Buy	199,500	0.18
☰	AVID - Avid Technology Inc	Buy	194,607	0.14
☰	BXP - BXP, Inc.	Buy	100,000	0.12
☰	SAP - SAP SE	Buy	45,000	0.10
☰	SPWR - Sunpower Corp-Class A	Buy	62,500	0.09
☰	TDC - Teradata Corp.	Buy	55,700	0.07
☰	TYC - Tyco International Ltd	Buy	50,000	0.07
☰	WFRG - Memc Electronic Materials	Buy	60,000	0.06
☰	TRV - The Travelers Companies, Inc.	Buy	21,400	0.05
☰	ROC - Rockwood Holdings Inc	Buy	41,100	0.03
☰	SATS - EchoStar Corp.	Buy	30,000	0.03
☰	EVX - Evergreen Solar Inc	Buy	500,000	0.01
☰	NOVL - Novell Inc	Buy	50,000	0.01
☰	OVIP - Vimpelcom-Sp Adr	Buy	15,000	0.01
	Q1 2009
☰	WD5 - Wyndham Worldwide Corp	Add 105.99%	2,477,100	1.11
☰	EBAY - eBay Inc.	Add 91.97%	3,925,389	2.22
☰	SLM - SLM Corp.	Add 59.26%	16,480,499	3.12
☰	WMB - The Williams Companies, Inc.	Add 38.30%	1,090,898	1.08
☰	KFN - Kkr Financial Holdings LLC	Add 20.65%	1,243,665	0.12
☰	NLY - Annaly Capital Management, Inc.	Add 5.03%	13,675	0.08
☰	NQE - Northstar Realty Finance Cor	Add 3.67%	105,610	0.03
☰	HTS - Hatteras Financial Corp	Add 2.28%	5,750	0.02
☰	AES - The AES Corp.	Add 0.37%	20,700	0.01
☰	RIG - Transocean Ltd.	Buy	1,986,264	12.50
☰	WYE - Wyeth	Buy	1,190,000	5.48
☰	COEB - Continental Airlines-Class B	Buy	2,190,500	2.06
☰	JNK - State Street SPDR Bloomberg High Yield Bond ETF	Buy	173,333	1.64
☰	GLD - SPDR Gold Shares	Buy	137,000	1.32
☰	MFA - Mfa Financial Inc	Buy	491,825	1.24
☰	DAL - Delta Air Lines, Inc.	Buy	1,839,100	1.11
☰	EXC - Exelon Corp.	Buy	316,992	1.10
☰	PB - Prosperity Bancshares, Inc.	Buy	317,600	0.93
☰	SBUX - Starbucks Corp.	Buy	1,400,000	0.83
☰	ANH - Anworth Mortgage Asset Corp	Buy	880,900	0.58
☰	LTF - Life Time Fitness Inc	Buy	250,000	0.34
☰	XTO - Xto Energy Inc	Buy	100,000	0.33
☰	EIX - Edison International	Buy	67,200	0.21
☰	LMDIA - Liberty Media Corp	Buy	100,000	0.21
☰	CMO - Capstead Mortgage Corp	Buy	170,000	0.20
☰	DGP - Pwrshs Db Gold Double Long	Buy	50,000	0.11
☰	GGQ1 - Google Inc-Cl A	Buy	1,500	0.06
☰	PCLN - Priceline.com Inc	Buy	7,500	0.06
☰	CHL - China Mobile Ltd	Buy	7,500	0.03
☰	CVC - Cablevision Systems-Ny Grp-A	Buy	22,500	0.03
☰	CXR - Cox Radio Inc	Buy	35,600	0.02
☰	SSO - Proshares Ultra S&p500	Buy	96,000	0.01
	Q4 2008
☰	WD5 - Wyndham Worldwide Corp	Add 621.55%	2,013,200	1.29
☰	JPM - JPMorgan Chase & Co.	Add 368.75%	224,200	0.69
☰	POT - Potash Corp Of SAskatchewan	Add 158.26%	203,200	1.45
☰	DISH - Dish Network Corp-A	Add 77.51%	1,589,800	1.72
☰	HTH - Hilltop Holdings Inc	Add 76.19%	284,700	0.27
☰	SLM - SLM Corp.	Add 64.72%	10,927,030	3.39
☰	KFN - Kkr Financial Holdings LLC	Add 52.84%	2,081,600	0.32
☰	AET - Aetna Inc	Add 48.03%	383,000	1.07
☰	NLY - Annaly Capital Management, Inc.	Add 37.76%	74,525	0.46
☰	TXT - Textron Inc.	Add 32.46%	428,100	0.58
☰	WMB - The Williams Companies, Inc.	Add 31.06%	675,049	0.78
☰	HAL - Halliburton Co.	Add 17.00%	206,800	0.37
☰	ATN - Atlas Energy Resources LLC	Add 13.42%	507,000	0.63
☰	APL - Atlas Pipeline Partners LP	Add 10.00%	355,800	0.21
☰	LINEQ - Linn Energy LLC-Units	Add 7.96%	451,000	0.66
☰	CITGQ - Cit Group Inc	Add 7.16%	372,900	0.17
☰	CPHL - Castlepoint Holdings Ltd	Add 6.95%	37,900	0.05
☰	DFS - Discover Financial Services	Add 4.82%	112,300	0.10
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 2.81%	40,564	0.17
☰	AES - The AES Corp.	Add 1.58%	86,200	0.07
☰	EBAY - eBay Inc.	Add 0.41%	17,583	0.01
☰	DNA - Ginkgo Bioworks Holdings, Inc.	Buy	5,695	1.84
☰	MRO - Marathon Oil Corp	Buy	490,900	1.31
☰	NQE - Northstar Realty Finance Cor	Buy	2,879,300	1.10
☰	ACAS - American Capital Ltd	Buy	3,302,800	1.04
☰	AG4 - Allergan Inc	Buy	200,000	0.79
☰	WFC - Wells Fargo & Co.	Buy	252,300	0.73
☰	MHS - Medco Health Solutions Inc	Buy	150,000	0.61
☰	CHS - Chico's Fas Inc	Buy	802,700	0.33
☰	MHGC - Morgans Hotel Group Co	Buy	118,000	0.05
	Q3 2008
☰	FCX - Freeport-McMoRan Inc.	Add 366.98%	1,162,600	1.76
☰	NUE - Nucor Corp.	Add 75.45%	794,200	1.67
☰	DFS - Discover Financial Services	Add 58.62%	861,200	0.63
☰	SLM - SLM Corp.	Add 43.30%	5,101,593	1.20
☰	CITGQ - Cit Group Inc	Add 35.69%	1,369,200	0.51
☰	AES - The AES Corp.	Add 33.68%	1,373,500	0.86
☰	CPHL - Castlepoint Holdings Ltd	Add 32.51%	133,700	0.08
☰	EBAY - eBay Inc.	Add 27.78%	924,026	0.46
☰	APL - Atlas Pipeline Partners LP	Add 27.39%	765,200	1.04
☰	LINEQ - Linn Energy LLC-Units	Add 15.57%	763,500	0.62
☰	KFN - Kkr Financial Holdings LLC	Add 11.76%	414,700	0.14
☰	HTH - Hilltop Holdings Inc	Add 9.88%	33,600	0.02
☰	GLW - Corning Inc.	Add 4.40%	274,600	0.23
☰	T3K - Transocean Inc	Add 4.25%	66,000	0.39
☰	9893105Q - Enterprise Gp Holdings LP	Add 2.65%	37,000	0.05
☰	ATN - Atlas Energy Resources LLC	Add 1.33%	49,500	0.07
☰	SHPG - Shire Plc-Adr	Add 0.19%	2,800	0.01
☰	UNH - UnitedHealth Group Inc.	Buy	3,908,000	5.29
☰	TXT - Textron Inc.	Buy	1,318,900	2.06
☰	AET - Aetna Inc	Buy	797,500	1.54
☰	BRL - Barr Pharmaceuticals Inc	Buy	386,700	1.35
☰	POT - Potash Corp Of SAskatchewan	Buy	128,400	0.90
☰	GIVN - Given Imaging Ltd	Buy	1,007,909	0.60
☰	NLY - Annaly Capital Management, Inc.	Buy	197,375	0.57
☰	HTS - Hatteras Financial Corp	Buy	275,000	0.34
☰	JPM - JPMorgan Chase & Co.	Buy	60,800	0.15
	Q2 2008
☰	NOK - Nokia Oyj	Add 667.19%	2,635,400	2.17
☰	JCP* - J.c. Penney Co Inc	Add 191.13%	282,300	0.34
☰	ROK - Rockwell Automation, Inc.	Add 126.42%	502,500	0.74
☰	CITGQ - Cit Group Inc	Add 89.35%	1,810,400	0.42
☰	CPHL - Castlepoint Holdings Ltd	Add 63.34%	159,500	0.05
☰	TYCN - Tyco International Ltd	Add 46.56%	268,400	0.36
☰	DFS - Discover Financial Services	Add 46.32%	465,100	0.21
☰	GLW - Corning Inc.	Add 42.33%	1,857,700	1.44
☰	FCX - Freeport-McMoRan Inc.	Add 33.90%	80,200	0.16
☰	APL - Atlas Pipeline Partners LP	Add 27.57%	603,700	0.79
☰	SHPG - Shire Ltd-Adr	Add 20.27%	245,300	0.41
☰	9893105Q - Enterprise Gp Holdings LP	Add 15.64%	188,900	0.19
☰	HTH - Hilltop Holdings Inc	Add 15.45%	45,500	0.02
☰	WYE - Wyeth	Add 11.83%	149,700	0.24
☰	TBL - Timberland Co-Cl A	Add 11.78%	178,100	0.10
☰	KFN - Kkr Financial Holdings LLC	Add 11.29%	357,518	0.13
☰	DNA - Ginkgo Bioworks Holdings, Inc.	Buy	21,825	2.23
☰	HUSKF - Husky Energy Inc	Buy	1,241,000	2.00
☰	EBAY - eBay Inc.	Buy	3,326,400	1.29
☰	HON - Honeywell International Inc.	Buy	196,312	0.31
☰	WFC - Wells Fargo & Co.	Buy	337,500	0.27
☰	C - Citigroup Inc.	Buy	38,750	0.22
☰	ZUMZ - Zumiez Inc	Buy	325,000	0.18
☰	WFM - Whole Foods Market Inc	Buy	200,000	0.16
☰	BAC - Bank of America Corp.	Buy	150,000	0.12
☰	STXG - Seagate Technology	Buy	175,000	0.11
☰	ALU - Alcatel-Lucent-Sponsored Adr	Buy	500,000	0.10
☰	SPNT - SiriusPoint Ltd.	Buy	320,000	0.10
☰	NRTLQ - Nortel Networks Corp	Buy	330,000	0.09
☰	UISZ - Unisys Corp	Buy	700,000	0.09
☰	AVFA - Advanced Semiconductor E-Adr	Buy	450,000	0.07
☰	MU - Micron Technology, Inc.	Buy	350,000	0.07
☰	STM - Stmicroelectronics NV-Ny Shs	Buy	190,000	0.07
☰	AUY - Yamana Gold Inc	Buy	100,000	0.06
☰	GG - Goldcorp Inc	Buy	36,000	0.06
☰	OCN - Ocwen Financial Corp	Buy	400,000	0.06
☰	ABX - Barrick Gold Corp	Buy	35,000	0.05
☰	AMKR - Amkor Technology, Inc.	Buy	152,000	0.05
☰	CBI - Chicago Bridge & Iron-Ny Shr	Buy	467	0.05
☰	KFT - Kraft Foods Inc-Class A	Buy	35,000	0.03
	Q1 2008
☰	ATN - Atlas Energy Resources LLC	Add 586.61%	3,184,727	3.40
☰	TBL - Timberland Co-Cl A	Add 500.44%	1,259,600	0.60
☰	BNI - Burlington Northern SAnta Fe	Add 188.08%	235,100	0.75
☰	WD5 - Wyndham Worldwide Corp	Add 84.79%	595,640	0.42
☰	LINEQ - Linn Energy LLC-Units	Add 54.49%	1,858,101	1.21
☰	SLM - SLM Corp.	Add 37.43%	4,277,023	0.81
☰	ROK - Rockwell Automation, Inc.	Add 34.47%	101,900	0.20
☰	RIIG - Research In Motion	Add 13.73%	158,000	0.61
☰	DVA - DaVita Inc.	Add 10.67%	288,600	0.24
☰	BA - The Boeing Co.	Add 7.06%	82,000	0.21
☰	NUE - Nucor Corp.	Add 3.72%	44,900	0.10
☰	CYRV - Crystal River Capital Inc	Add 3.39%	63,800	0.02
☰	CPHL - Castlepoint Holdings Ltd	Add 1.41%	3,500	0.00
☰	KFN - Kkr Financial Holdings LLC	Add 0.98%	30,788	0.01
☰	APL - Atlas Pipeline Partners LP	Add 0.08%	1,800	0.00
☰	WYE - Wyeth	Buy	1,265,100	1.82
☰	PM - Philip Morris International Inc.	Buy	772,400	1.34
☰	3549162Q - Cnet Networks Inc	Buy	3,636,600	0.89
☰	TYCN - Tyco International Ltd	Buy	576,400	0.87
☰	CITGQ - Cit Group Inc	Buy	2,026,200	0.83
☰	DFS - Discover Financial Services	Buy	1,004,000	0.57
☰	SATS - EchoStar Corp.	Buy	493,140	0.50
☰	NOK - Nokia Oyj	Buy	395,000	0.43
☰	73HK - Ryanair Holdings Plc-Sp Adr	Buy	400,000	0.39
☰	FCX - Freeport-McMoRan Inc.	Buy	236,600	0.39
☰	BPW.U - Bpw Acquisition Corp-Unit	Buy	1,040,000	0.34
☰	CCI* - Crown Castle Intl Corp	Buy	270,900	0.32
☰	WYNN - Wynn Resorts, Ltd.	Buy	70,000	0.24
☰	JCP* - J.c. Penney Co Inc	Buy	147,700	0.19
☰	HTV - Hearst-Argyle Television Inc	Buy	117,000	0.08
☰	TMBCF - Tembec Inc	Buy	478,123	0.06
☰	AMALV - Arcelormittal-Ny Registered	Buy	14,700	0.04
	Q4 2007
☰	APA - APA Corp.	Add 348.28%	202,000	0.54
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 105.74%	1,090,700	1.27
☰	LOG - Lsi Corp	Add 78.66%	7,507,400	1.00
☰	AES - The AES Corp.	Add 68.62%	1,772,600	0.95
☰	NUE - Nucor Corp.	Add 61.41%	459,800	0.68
☰	BA - The Boeing Co.	Add 58.89%	430,200	0.94
☰	HTH - Hilltop Holdings Inc	Add 55.70%	223,500	0.17
☰	ORCL - Oracle Corp.	Add 55.21%	1,383,500	0.78
☰	KFN - Kkr Financial Holdings LLC	Add 40.43%	903,100	0.32
☰	TRIDQ - Trident Microsystems Inc	Add 35.79%	355,800	0.06
☰	L - Loews Corp.	Add 30.91%	576,500	0.73
☰	MMM - 3M Co.	Add 29.99%	429,603	0.76
☰	CYRV - Crystal River Capital Inc	Add 20.64%	321,700	0.12
☰	RIIG - Research In Motion	Add 17.40%	170,600	0.48
☰	HAL - Halliburton Co.	Add 16.22%	272,900	0.26
☰	SHPG - Shire Plc-Adr	Add 13.23%	162,900	0.28
☰	M - Macy's, Inc.	Add 7.14%	124,100	0.08
☰	AAIG - American International Group	Add 5.48%	46,900	0.07
☰	TAST - Carrols Restaurant Group Inc	Add 5.26%	30,800	0.01
☰	CPHL - Castlepoint Holdings Ltd	Add 4.20%	10,000	0.00
☰	CSCO - Cisco Systems, Inc.	Add 3.86%	111,200	0.08
☰	GIVN - Given Imaging Ltd	Add 2.33%	25,700	0.01
☰	REXI - Resource America Inc-Cl A	Add 1.52%	18,300	0.01
☰	UNH - UnitedHealth Group Inc.	Add 0.66%	10,200	0.01
☰	COP - ConocoPhillips	Add 0.61%	6,559	0.01
☰	T3K - Transocean Inc	Buy	1,922,217	6.88
☰	PHG - Koninklijke Philips N.V.	Buy	3,125,100	3.34
☰	DISH - Dish Network Corp-A	Buy	2,668,300	2.52
☰	APL - Atlas Pipeline Partners LP	Buy	2,187,818	2.34
☰	LINEQ - Linn Energy LLC-Units	Buy	3,409,800	2.13
☰	SLM - SLM Corp.	Buy	11,427,032	2.06
☰	TWX - Time Warner Inc	Buy	1,629,300	2.02
☰	9893105Q - Enterprise Gp Holdings LP	Buy	1,208,050	1.12
☰	NRTLQ - Nortel Networks Corp	Buy	1,648,800	0.62
☰	FDML - Federal Mogul Corp Cl A	Buy	641,787	0.47
☰	ATN - Atlas Energy Resources LLC	Buy	542,900	0.42
☰	TCW - Triplecrown Acquisition Corp	Buy	1,800,000	0.41
☰	POT - Potash Corp Of SAskatchewan	Buy	40,000	0.14
☰	TBL - Timberland Co-Cl A	Buy	251,700	0.11
☰	TCW.WS - Triplecrown Acquisition-Cw12	Buy	1,800,000	0.05
	Q3 2007
☰	VLO - Valero Energy Corp.	Add 210.71%	968,190	1.45
☰	RIIG - Research In Motion	Add 169.05%	616,000	1.49
☰	BGPIQ - Borders Group Inc	Add 126.84%	303,400	0.10
☰	L - Loews Corp.	Add 100.75%	935,900	1.11
☰	JOY - Joy Global Inc	Add 90.00%	191,700	0.24
☰	AAGBP - Alcoa Inc	Add 34.31%	389,500	0.37
☰	BA - The Boeing Co.	Add 31.81%	176,300	0.45
☰	MIR - Mirion Technologies, Inc.	Add 22.70%	1,216,500	1.21
☰	EMC - Emc Corp/Mass	Add 17.01%	639,000	0.33
☰	TAST - Carrols Restaurant Group Inc	Add 12.43%	64,700	0.02
☰	DVA - DaVita Inc.	Add 10.47%	259,800	0.20
☰	SHPG - Shire Plc-Adr	Add 9.55%	107,300	0.19
☰	M - Macy's, Inc.	Add 8.17%	131,300	0.10
☰	CSCO - Cisco Systems, Inc.	Add 6.67%	180,400	0.15
☰	CYRV - Crystal River Capital Inc	Add 5.93%	87,300	0.04
☰	REXI - Resource America Inc-Cl A	Add 4.96%	56,800	0.02
☰	GLW - Corning Inc.	Add 2.64%	143,100	0.09
☰	SCI - Service Corp. International	Add 1.48%	79,300	0.03
☰	NCRA - News Corp-Cl A	Add 1.24%	2,787	0.04
☰	MO - Altria Group, Inc.	Add 0.98%	13,500	0.02
☰	WMB - The Williams Companies, Inc.	Add 0.88%	43,671	0.03
☰	FDX - FedEx Corp.	Add 0.52%	3,847	0.01
☰	WD5 - Wyndham Worldwide Corp	Buy	970,351	11.58
☰	APC - Anadarko Petroleum Corp	Buy	1,604,800	2.11
☰	AES - The AES Corp.	Buy	2,583,100	1.27
☰	NUE - Nucor Corp.	Buy	748,700	1.09
☰	C - Citigroup Inc.	Buy	91,780	1.05
☰	KFT - Kraft Foods Inc-A	Buy	1,115,400	0.94
☰	KFN - Kkr Financial Holdings LLC	Buy	2,233,496	0.92
☰	MRKC - Merck & Co. Inc.	Buy	730,900	0.92
☰	TIE - Titanium Metals Corp	Buy	614,700	0.50
☰	INGR - Ingredion Inc.	Buy	340,900	0.45
☰	BEAS - Bea Systems Inc	Buy	1,108,300	0.38
☰	BNI - Burlington Northern SAnta Fe	Buy	125,000	0.25
☰	APA - APA Corp.	Buy	58,000	0.13
☰	HTH - Hilltop Holdings Inc	Buy	401,275	0.12
☰	TAC - TransAlta Corp.	Buy	144,000	0.11
☰	CPHL - Castlepoint Holdings Ltd	Buy	238,300	0.07
☰	PMC - Pharmerica Corp	Buy	1,300	0.00
	Q2 2007
☰	HPC - Hercules Inc	Add 966.18%	400,000	0.17
☰	L - Loews Corp.	Add 909.67%	836,900	0.93
☰	OSK - Oshkosh Corp.	Add 657.03%	481,600	0.66
☰	FDX - FedEx Corp.	Add 441.63%	605,608	1.18
☰	LOG - Lsi Corp	Add 366.82%	16,165,100	2.64
☰	LTRC - Loews Corp - Carolina Group	Add 364.57%	255,200	1.04
☰	WMT - Walmart Inc.	Add 261.78%	2,513,100	0.88
☰	BA - The Boeing Co.	Add 237.72%	390,100	0.82
☰	EMC - Emc Corp/Mass	Add 196.89%	2,490,600	0.98
☰	AAIG - American International Group	Add 145.96%	742,800	1.13
☰	WYE - Wyeth	Add 103.74%	479,300	0.60
☰	EPR - EPR Properties	Add 53.52%	421,900	0.46
☰	HD - The Home Depot, Inc.	Add 43.25%	1,003,100	0.86
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 33.33%	278,900	0.25
☰	DB - Deutsche Bank Aktiengesellschaft	Add 28.11%	54,705	0.16
☰	CMCSK - Comcast Corp-Special	Add 27.75%	1,247,600	0.76
☰	BBY - Best Buy Co., Inc.	Add 26.89%	504,600	0.51
☰	QCOM - QUALCOMM Inc.	Add 25.78%	681,200	0.64
☰	BAC - Bank of America Corp.	Add 23.54%	386,300	0.41
☰	NCRA - News Corp-Cl A	Add 20.79%	38,600	0.53
☰	DVA - DaVita Inc.	Add 15.30%	329,200	0.19
☰	UNH - UnitedHealth Group Inc.	Add 14.44%	295,100	0.33
☰	LGDG - Ligand Pharmaceuticals-Cl B	Add 13.19%	370,400	0.06
☰	WMB - The Williams Companies, Inc.	Add 7.03%	324,460	0.18
☰	TYI - Tyco International Ltd	Add 5.69%	198,700	0.15
☰	CSCO - Cisco Systems, Inc.	Add 4.73%	122,200	0.07
☰	REXI - Resource America Inc-Cl A	Add 3.09%	34,300	0.02
☰	MIR - Mirion Technologies, Inc.	Add 1.98%	103,800	0.10
☰	HAL - Halliburton Co.	Add 1.48%	75,700	0.06
☰	MMM - 3M Co.	Add 1.06%	19,376	0.03
☰	GLW - Corning Inc.	Add 0.89%	47,900	0.03
☰	ORCL - Oracle Corp.	Add 0.46%	15,500	0.01
☰	LM - Legg Mason Inc	Add 0.42%	3,000	0.01
☰	RIIG - Research In Motion	Buy	364,400	1.58
☰	M - Macy's, Inc.	Buy	1,606,900	1.39
☰	8222 - Limited Brands Inc	Buy	2,225,500	1.33
☰	GGQ1 - Google Inc-Cl A	Buy	105,200	1.20
☰	AAGBP - Alcoa Inc	Buy	1,135,300	1.00
☰	ROK - Rockwell Automation, Inc.	Buy	631,400	0.95
☰	VLO - Valero Energy Corp.	Buy	459,480	0.67
☰	TRIDQ - Trident Microsystems Inc	Buy	1,470,000	0.59
☰	DJ - Dow Jones & Co Inc	Buy	351,000	0.44
☰	F - Ford Motor Co.	Buy	1,560,000	0.32
☰	DVN - Devon Energy Corp.	Buy	180,000	0.31
☰	VRY - Victory Acquisition Corp	Buy	1,500,000	0.31
☰	JOY - Joy Global Inc	Buy	213,000	0.27
☰	DAL - Delta Air Lines, Inc.	Buy	481,632	0.21
☰	BGPIQ - Borders Group Inc	Buy	239,200	0.10
☰	MHK - Mohawk Industries, Inc.	Buy	45,000	0.10
☰	0000401W - Victory Acquisition-Cw11	Buy	1,500,000	0.06
☰	AMX - America Movil-Adr Series L	Buy	10,800	0.01
	Q1 2007
☰	CVS - CVS Health Corp.	Add 5573.70%	4,180,272	3.44
☰	MO - Altria Group, Inc.	Add 2026.71%	1,396,400	2.96
☰	EMC - Emc Corp/Mass	Add 1656.94%	1,193,000	0.40
☰	BBY - Best Buy Co., Inc.	Add 650.48%	1,626,200	1.91
☰	LGDG - Ligand Pharmaceuticals-Cl B	Add 139.06%	1,633,900	0.40
☰	QCOM - QUALCOMM Inc.	Add 136.81%	1,526,700	1.57
☰	GIVN - Given Imaging Ltd	Add 114.31%	614,400	0.32
☰	HAL - Halliburton Co.	Add 82.38%	2,311,100	1.77
☰	CMCSK - Comcast Corp-Special Cl A	Add 78.55%	1,977,550	1.21
☰	TAST - Carrols Restaurant Group Inc	Add 60.12%	195,400	0.07
☰	LOG - Lsi Corp	Add 29.42%	1,001,800	0.25
☰	UNH - UnitedHealth Group Inc.	Add 27.74%	443,900	0.57
☰	CNQ - Canadian Natural Resources Ltd.	Add 21.96%	265,460	0.09
☰	3527578Q - Agere Systems Inc	Add 20.35%	1,220,500	0.67
☰	CXG - Cnx Gas Corp	Add 17.77%	100,000	0.07
☰	LM - Legg Mason Inc	Add 16.78%	101,500	0.23
☰	GLW - Corning Inc.	Add 16.50%	760,600	0.42
☰	3362726Q - Realogy Corp	Add 14.64%	259,825	0.19
☰	NCRA - News Corp-Cl A	Add 12.33%	20,383	0.34
☰	COP - ConocoPhillips	Add 11.40%	158,333	0.20
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 11.12%	83,700	0.08
☰	SHPG - Shire Plc-Adr	Add 9.78%	100,100	0.15
☰	ECA - Encana Corp	Add 9.77%	12,700	0.02
☰	DVA - DaVita Inc.	Add 9.26%	182,400	0.12
☰	CYRV - Crystal River Capital Inc	Add 8.47%	124,700	0.08
☰	ORCL - Oracle Corp.	Add 7.39%	232,400	0.10
☰	REXI - Resource America Inc-Cl A	Add 6.64%	69,200	0.04
☰	NXY - Nexen Inc	Add 3.40%	12,600	0.02
☰	CSCO - Cisco Systems, Inc.	Add 1.25%	31,800	0.02
☰	HD - The Home Depot, Inc.	Add 0.89%	20,400	0.02
☰	WMB - The Williams Companies, Inc.	Add 0.45%	20,731	0.01
☰	VMED - Virgin Media Inc	Buy	3,750,600	2.28
☰	EPR - EPR Properties	Buy	788,300	1.53
☰	AET - Aetna Inc	Buy	1,252,500	1.32
☰	CHS - Chico's Fas Inc	Buy	1,840,100	1.08
☰	CHLVY - Castlepoint Holdings Ltd	Buy	2,660,000	1.05
☰	AAIG - American International Group	Buy	508,900	0.83
☰	WYE - Wyeth	Buy	462,000	0.56
☰	FTU - Wachovia Corp	Buy	335,300	0.45
☰	TKN - Teekay Shipping Corp	Buy	281,800	0.37
☰	WMT - Walmart Inc.	Buy	960,000	0.36
☰	BA - The Boeing Co.	Buy	164,100	0.35
☰	FDX - FedEx Corp.	Buy	137,131	0.29
☰	CBRL - Cracker Barrel Old Country Store, Inc.	Buy	250,000	0.28
☰	WFTG - Weatherford Intl Ltd	Buy	198,000	0.22
☰	GWR - Genesee & Wyoming Inc-Cl A	Buy	245,000	0.16
☰	LTRC - Loews Corp - Carolina Group	Buy	70,000	0.13
☰	UIC - United Industrial Corp	Buy	100,000	0.13
☰	TRV - The Travelers Companies, Inc.	Buy	95,000	0.12
☰	L - Loews Corp.	Buy	92,000	0.10
☰	OSK - Oshkosh Corp.	Buy	73,300	0.09
	Q4 2006
☰	GLW - Corning Inc.	Add 118.38%	2,498,500	1.31
☰	CA - Ca Inc	Add 77.58%	787,600	0.50
☰	MCK - McKesson Corp.	Add 76.53%	145,400	0.21
☰	UNH - UnitedHealth Group Inc.	Add 39.90%	456,300	0.69
☰	FREDQ - Fred's Inc	Add 38.46%	250,000	0.08
☰	NOK - Nokia Oyj	Add 22.38%	1,060,000	0.60
☰	OCR - Omnicare Inc	Add 20.38%	221,654	0.24
☰	HD - The Home Depot, Inc.	Add 18.05%	351,500	0.39
☰	LM - Legg Mason Inc	Add 17.86%	91,648	0.24
☰	GIVN - Given Imaging Ltd	Add 14.75%	69,100	0.04
☰	MMM - 3M Co.	Add 13.09%	219,293	0.40
☰	3527578Q - Agere Systems Inc	Add 6.44%	362,700	0.19
☰	HAL - Halliburton Co.	Add 5.60%	148,800	0.13
☰	CYRV - Crystal River Capital Inc	Add 5.19%	72,700	0.05
☰	REXI - Resource America Inc	Add 0.77%	8,000	0.01
☰	NCRA - News Corp	Add 0.60%	984	0.02
☰	C - Citigroup Inc.	Buy	207,380	3.23
☰	BBBYQ - Bed Bath & Beyond Inc	Buy	2,486,400	2.65
☰	BRYG - Berkshire Hathaway Inc	Buy	23,838	2.44
☰	CMX - Caremark Rx Inc	Buy	1,347,000	2.15
☰	COP - ConocoPhillips	Buy	1,388,793	2.13
☰	DVA - DaVita Inc.	Buy	1,969,600	1.57
☰	MSFT - Microsoft Corp.	Buy	1,825,000	1.52
☰	WD5 - Wyndham Worldwide Corp	Buy	1,395,443	1.25
☰	QCOM - QUALCOMM Inc.	Buy	1,115,900	1.18
☰	LOG - Lsi Logic Corp	Buy	3,405,000	0.86
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Buy	753,000	0.65
☰	3403545Q - Dollar General Corp	Buy	1,266,500	0.57
☰	SRSCQ - Sears Canada Inc	Buy	719,400	0.46
☰	CNQ - Canadian Natural Resources Ltd.	Buy	1,208,864	0.44
☰	OC - Owens Corning	Buy	505,013	0.42
☰	LGDG - Ligand Pharmaceuticals-Cl B	Buy	1,175,000	0.36
☰	BBY - Best Buy Co., Inc.	Buy	250,000	0.34
☰	8222 - Limited Brands Inc	Buy	400,000	0.32
☰	ATN - Atlas Energy Resources LLC	Buy	300,000	0.19
☰	NQE - Northstar Realty Finance Cor	Buy	398,900	0.18
☰	KBR - KBR, Inc.	Buy	200,000	0.15
☰	TAST - Carrols Restaurant Group Inc	Buy	325,000	0.13
☰	CVS - CVS Health Corp.	Buy	75,000	0.06
☰	VIAB - Viacom Inc	Buy	41,700	0.05
☰	CTXS - Citrix Systems Inc	Buy	35,000	0.03
☰	EMC - E M C Corp Mass	Buy	72,000	0.03
☰	FICO - Fair Isaac Corp.	Buy	24,000	0.03
☰	GMST - Gemstar-Tv Guide Intl Inc	Buy	43,958	0.00
	Q3 2006
☰	WFTG - NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------- -------------- --------- ------ --------- --- ---- ---------- -------- --------- ------ ---- Weatherford Intl Ltd	Add 4634.62%	482,000	0.70
☰	GLW - Corning Inc.	Add 744.24%	1,860,600	1.57
☰	X - United States Steel Corp New	Add 519.00%	674,700	1.35
☰	LM - Legg Mason Inc	Add 409.41%	412,498	1.44
☰	NOV - NOV Inc.	Add 141.60%	314,069	0.29
☰	MMM - 3M Co.	Add 136.20%	966,370	2.08
☰	MO - Altria Group, Inc.	Add 119.50%	597,500	1.59
☰	NXY - Nexen Inc	Add 88.54%	209,300	0.39
☰	HAL - Halliburton Co.	Add 62.11%	1,017,840	1.00
☰	ANF - Abercrombie & Fitch Co.	Add 61.20%	76,495	0.18
☰	LTRC - Loews Corp - Carolina Group	Add 51.90%	205,000	0.39
☰	CXG - CNX Gas Corp	Add 44.38%	173,000	0.14
☰	3423152Q - Electronic Data Systems Corp	Add 39.62%	606,600	0.52
☰	GIVN - Given Imaging Ltd	Add 26.73%	98,800	0.07
☰	4126262Q - Readers Digest Association	Add 25.78%	824,200	0.37
☰	HPC - Hercules Inc	Add 18.31%	346,200	0.19
☰	HD - The Home Depot, Inc.	Add 10.60%	186,600	0.23
☰	3527578Q - Agere Systems	Add 9.74%	500,000	0.26
☰	FREDQ - Fred's Inc Cl A	Add 8.33%	50,000	0.02
☰	OCR - Omnicare Inc	Add 8.18%	82,286	0.12
☰	WMB - The Williams Companies, Inc.	Add 6.59%	284,347	0.19
☰	DE - Deere & Co.	Add 2.84%	57,744	0.08
☰	KND - Kindred Healthcare Inc	Add 2.41%	49,050	0.05
☰	MIR - Mirion Technologies, Inc.	Add 1.10%	62,016	0.06
☰	NOK - Nokia Oyj	Buy	4,736,100	3.24
☰	3362726Q - Realogy Corp	Buy	3,339,784	2.63
☰	ORCL - Oracle Corp.	Buy	3,651,000	2.25
☰	CSCO - Cisco Systems, Inc.	Buy	2,549,000	2.03
☰	SHPG - Shire Plc	Buy	1,075,200	1.84
☰	CYRV - Crystal Riv Cap Inc	Buy	1,400,000	1.11
☰	MA - Mastercard Inc.	Buy	3,935,970	0.95
☰	CA - CA Inc	Buy	1,015,200	0.83
☰	TTEN - Total SA	Buy	319,200	0.73
☰	MCK - McKesson Corp.	Buy	190,000	0.35
☰	PSUNQ - Pacific Sunware Calif Inc	Buy	650,000	0.34
☰	CAR - Avis Budge Group	Buy	407,170	0.26
☰	HIG - The Hartford Insurance Group, Inc.	Buy	47,500	0.14
☰	UPBD - Upbound Group, Inc.	Buy	117,100	0.12
☰	BA - The Boeing Co.	Buy	41,100	0.11
	Q2 2006
☰	DB - Deutsche Bank Aktiengesellschaft	Add 499.11%	418,451	1.84
☰	HD - The Home Depot, Inc.	Add 249.40%	1,257,000	1.84
☰	3403545Q - Dollar General Corp	Add 207.06%	1,760,000	1.01
☰	4126262Q - Readers Digest Association	Add 203.79%	2,144,700	1.23
☰	GIVN - Given Imaging Ltd	Add 196.87%	245,100	0.15
☰	JNS - Janus Capital Group Inc	Add 130.89%	50,000	0.04
☰	VALF - CIA Vale Do Rio Doce Sponsor	Add 129.53%	1,293,200	1.09
☰	KMC - Kerr-McGee Corp	Add 123.44%	1,280,525	3.64
☰	HAL - Halliburton Co.	Add 87.03%	762,560	1.16
☰	DST - DST Systems Inc	Add 85.23%	283,800	0.35
☰	PHD - Phelps Dodge Corp	Add 56.96%	71,200	0.24
☰	TGT - Target Corp.	Add 50.00%	25,000	0.05
☰	MIR - Mirion Technologies, Inc.	Add 46.30%	1,782,300	1.96
☰	OCR - Omnicare Inc	Add 35.42%	262,960	0.51
☰	MMM - 3M Co.	Add 30.96%	167,731	0.46
☰	CMCSK - Comcast Corp Cl A	Add 29.68%	618,100	0.83
☰	3527578Q - Agere Systems	Add 18.68%	808,000	0.49
☰	FREDQ - Fred's Inc Cl A	Add 9.09%	50,000	0.03
☰	EOR - Echostar Communications Cl A	Add 8.35%	243,600	0.31
☰	ECA - Encana Corp	Add 6.00%	15,000	0.03
☰	BAC - Bank of America Corp.	Add 4.16%	79,500	0.16
☰	KND - Kindred Healthcare Inc	Add 4.16%	81,200	0.09
☰	HPC - Hercules Inc	Add 2.96%	54,300	0.03
☰	SCI - Service Corp. International	Add 1.59%	125,000	0.04
☰	1799056D - 21st Century Holding Co	Add 1.12%	3,600	0.00
☰	WMB - The Williams Companies, Inc.	Buy	4,312,684	3.37
☰	UNH - UnitedHealth Group Inc.	Buy	1,150,685	2.11
☰	3423152Q - Electronic Data Systems Corp	Buy	1,531,000	1.51
☰	EXC - Exelon Corp.	Buy	590,242	0.98
☰	LTRC - Loews Corp - Carolina Group	Buy	395,000	0.83
☰	HNZ - HJ Heinz Co	Buy	410,000	0.69
☰	JCP* - JC Penny Corp, Inc	Buy	188,672	0.52
☰	CXG - CNX Gas Corp	Buy	389,800	0.48
☰	LM - Legg Mason Inc	Buy	100,754	0.41
☰	NOV - NOV Inc.	Buy	221,800	0.26
☰	GLW - Corning Inc.	Buy	250,000	0.25
☰	CMX - Caremark RX Inc	Buy	50,000	0.10
	Q1 2006
☰	ECA - Encana Corp	Add 1079.25%	228,800	0.36
☰	BAC - Bank of America Corp.	Add 312.02%	1,446,202	2.20
☰	CMCSK - Comcast Corp New	Add 135.84%	1,199,300	1.05
☰	GDT - Guidant Corp	Add 97.55%	581,500	1.52
☰	DOW - Dow Inc.	Add 80.64%	668,200	0.91
☰	AXS - AXIS Capital Holdings Ltd.	Add 76.27%	450,400	0.45
☰	XRX - Xerox Holdings Corp.	Add 56.41%	260,944	0.35
☰	3527578Q - Agere Sys Inc	Add 28.72%	965,300	0.49
☰	NXY - Nexen Inc	Add 27.26%	112,000	0.21
☰	AAIG - American Intl Group Inc	Add 20.15%	273,100	0.60
☰	EOR - Echostar Communications New	Add 19.63%	478,900	0.48
☰	KND - Kindred Healthcare Inc	Add 19.17%	314,400	0.26
☰	NCRA - News Corp	Add 11.12%	17,906	0.30
☰	DE - Deere & Co.	Add 10.96%	208,200	0.28
☰	SCI - Service Corp. International	Add 10.40%	739,300	0.19
☰	KMC - Kerr Mcgee Corp	Add 6.47%	63,000	0.20
☰	HPC - Hercules Inc	Add 4.34%	76,300	0.04
☰	MIR - Mirion Technologies, Inc.	Buy	3,849,764	3.22
☰	TTEN - Total S A	Buy	473,200	2.09
☰	CNXE - Consol Energy Inc	Buy	828,400	2.06
☰	MCD - McDonald's Corp.	Buy	1,564,500	1.80
☰	AMA - Advanced Medical Optics Inc	Buy	1,079,100	1.68
☰	SHPG - Shire Plc	Buy	1,077,100	1.68
☰	BBBYQ - Bed Bath & Beyond Inc	Buy	1,218,000	1.56
☰	VIA.B - Viacom Inc	Buy	1,180,200	1.53
☰	VALF - Cia Vale Do Rio Doce	Buy	998,400	1.44
☰	MSFT - Microsoft Corp.	Buy	1,526,400	1.39
☰	OCR - Omnicare Inc	Buy	742,500	1.37
☰	SN8 - Spirit Fin Corp	Buy	3,350,800	1.37
☰	MMM - 3M Co.	Buy	541,788	1.15
☰	HAL - Halliburton Co.	Buy	876,200	1.07
☰	WMT - Walmart Inc.	Buy	1,917,600	1.01
☰	TWX - Time Warner Inc	Buy	553,300	0.93
☰	CAH - Cardinal Health, Inc.	Buy	339,300	0.85
☰	VZ - Verizon Communications Inc.	Buy	738,445	0.76
☰	EGRP - E Trade Financial Corp	Buy	802,100	0.72
☰	HD - The Home Depot, Inc.	Buy	504,000	0.71
☰	ANF - Abercrombie & Fitch Co.	Buy	300,000	0.59
☰	BP - BP p.l.c.	Buy	237,800	0.55
☰	4126262Q - Readers Digest Assn Inc	Buy	1,052,400	0.52
☰	3403545Q - Dollar Gen Corp	Buy	850,000	0.50
☰	C - Citigroup Inc.	Buy	30,643	0.48
☰	BRL - Barr Pharmaceuticals Inc	Buy	200,000	0.42
☰	X - United States Stl Corp New	Buy	199,300	0.40
☰	DOX - Amdocs Ltd.	Buy	298,400	0.36
☰	TLM - Talisman Energy Inc	Buy	204,000	0.36
☰	WYE - Wyeth	Buy	216,000	0.35
☰	PHD - Phelps Dodge Corp	Buy	125,000	0.34
☰	BYD - Boyd Gaming Corp.	Buy	199,000	0.33
☰	DST - Dst Systems Inc	Buy	333,000	0.32
☰	GCO - Genesco Inc.	Buy	248,800	0.32
☰	DB - Deutsche Bank Aktiengesellschaft	Buy	83,840	0.31
☰	AZO - AutoZone, Inc.	Buy	86,600	0.29
☰	CBI - Chicago Bridge & Iron	Buy	4,733	0.29
☰	1625512D - Retail Ventures Inc	Buy	522,600	0.26
☰	FREDQ - Freds Inc	Buy	550,000	0.24
☰	OSK - Oshkosh Corp.	Buy	99,100	0.21
☰	ROK - Rockwell Automation, Inc.	Buy	74,300	0.18
☰	NQE - Northstar Realty Fin Corp	Buy	467,200	0.17
☰	BBY - Best Buy Co., Inc.	Buy	85,000	0.16
☰	OMX - Officemax Inc Del	Buy	124,400	0.13
☰	GIVN - Given Imaging	Buy	124,500	0.10
☰	RSTO - Restoration Hardware Inc Del	Buy	452,700	0.09
☰	TGT - Target Corp.	Buy	50,000	0.09
☰	DVA - DaVita Inc.	Buy	73,800	0.07
☰	BIGGQ - Big Lots Inc	Buy	100,000	0.05
☰	908398Q - Eurozinc Mng Corp	Buy	681,000	0.04
☰	DLX - Deluxe Corp.	Buy	50,000	0.04
☰	ROST - Ross Stores, Inc.	Buy	112,000	0.03
	Q4 2005
☰	PCZ - - ----------------------------------------------------------------------------------------------------------------------------------- Petro-Cda	Add 694.09%	634,400	1.20
☰	3527578Q - - ----------------------------------------------------------------------------------------------------------------------------------- Agere Sys Inc	Add 465.00%	2,765,800	1.68
☰	TXU - - ----------------------------------------------------------------------------------------------------------------------------------- Txu Corp	Add 220.12%	1,419,800	3.36
☰	KND - - ----------------------------------------------------------------------------------------------------------------------------------- Kindred Healthcare Inc	Add 152.49%	990,300	1.20
☰	FMCC - - ----------------------------------------------------------------------------------------------------------------------------------- Federal Home Ln Mtg Corp	Add 77.76%	543,200	1.67
☰	DE - Deere & Co.	Add 62.28%	729,000	1.17
☰	HPC - - ----------------------------------------------------------------------------------------------------------------------------------- Hercules Inc	Add 55.31%	626,800	0.33
☰	6683 - - ----------------------------------------------------------------------------------------------------------------------------------- General Electric Co	Add 46.21%	13,400	0.02
☰	NCRA - - ----------------------------------------------------------------------------------------------------------------------------------- News Corp Cl A	Add 46.00%	50,750	1.11
☰	IBM - International Business Machines Corp.	Add 26.74%	89,119	0.33
☰	KSS - Kohl's Corp.	Add 24.92%	215,900	0.49
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 19.41%	975,900	1.33
☰	KMC - - ----------------------------------------------------------------------------------------------------------------------------------- Kerr Mcgee Corp	Add 16.24%	136,100	0.58
☰	SCI - Service Corp. International	Add 9.98%	645,200	0.25
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc Cl A	Add 4.89%	51,800	0.04
☰	MS - Morgan Stanley	Add 2.57%	7,500	0.02
☰	MO - Altria Group, Inc.	Add 2.27%	16,900	0.06
☰	CD - - ----------------------------------------------------------------------------------------------------------------------------------- Cendant Corp	Add 2.21%	2,542	0.05
☰	GDT - - ----------------------------------------------------------------------------------------------------------------------------------- Guidant Corp	Buy	596,100	1.82
☰	DOW - Dow Inc.	Buy	828,600	1.71
☰	CMCSK - - ----------------------------------------------------------------------------------------------------------------------------------- Comcast Corp New Cl A	Buy	882,900	1.07
☰	BAC - Bank of America Corp.	Buy	463,500	1.01
☰	NXY - - ----------------------------------------------------------------------------------------------------------------------------------- Nexen Inc	Buy	410,800	0.92
☰	DOFSQ - - ----------------------------------------------------------------------------------------------------------------------------------- Diamond Offshore Drilling In	Buy	262,700	0.86
☰	XRX - Xerox Holdings Corp.	Buy	462,573	0.84
☰	1455797D - - ----------------------------------------------------------------------------------------------------------------------------------- Tal Intl Group Inc	Buy	715,100	0.70
☰	HET - - ----------------------------------------------------------------------------------------------------------------------------------- Harrahs Entmt Inc	Buy	138,700	0.47
☰	CSX - CSX Corp.	Buy	3,195,000	0.42
☰	RJETQ - - ----------------------------------------------------------------------------------------------------------------------------------- Republic Awys Hldgs Inc	Buy	515,000	0.37
☰	WFTG - - ----------------------------------------------------------------------------------------------------------------------------------- Weatherford International Lt	Buy	180,000	0.31
☰	TLB - - ----------------------------------------------------------------------------------------------------------------------------------- Talbots Inc	Buy	106,100	0.14
☰	GRA - - ----------------------------------------------------------------------------------------------------------------------------------- Grace W R & Co Del New	Buy	248,100	0.11
☰	AXP - American Express Co.	Buy	9,100	0.02
	Q3 2005
☰	ROST - Ross Stores, Inc.	Add 110.14%	4,096,000	1.00
☰	FSH - - ----------------------------------------------------------------------------------------------------------------------------------- Fisher Scientific Intl Inc	Add 94.88%	278,000	0.71
☰	TWX - - ----------------------------------------------------------------------------------------------------------------------------------- Time Warner Inc	Add 91.75%	531,733	1.19
☰	CVC - - ----------------------------------------------------------------------------------------------------------------------------------- Cablevision Sys Corp	Add 86.27%	463,800	0.59
☰	AMA - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Advanced Medical Optics Inc	Add 83.87%	317,100	0.50
☰	DE - Deere & Co.	Add 82.51%	529,200	0.67
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 79.64%	2,228,800	2.57
☰	ALV - Autoliv, Inc.	Add 71.80%	1,627,013	2.11
☰	HPC - - ----------------------------------------------------------------------------------------------------------------------------------- Hercules Inc	Add 60.76%	428,300	0.22
☰	KSS - Kohl's Corp.	Add 37.85%	237,900	0.49
☰	PFE - Pfizer Inc.	Add 37.11%	538,488	0.53
☰	KRB - - ----------------------------------------------------------------------------------------------------------------------------------- Mbna Corp	Add 36.05%	764,300	0.78
☰	NTLIV - - ----------------------------------------------------------------------------------------------------------------------------------- Ntl Inc Del	Add 25.46%	68,900	0.19
☰	AFG - American Financial Group, Inc.	Add 11.62%	41,100	0.04
☰	0910150D - - ----------------------------------------------------------------------------------------------------------------------------------- Hilton Hotels Corp	Add 11.33%	257,313	0.24
☰	SRE - Sempra	Add 7.71%	40,000	0.04
☰	SUG - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Southern Un Co New	Add 5.00%	5,000	0.01
☰	FMCC - - ----------------------------------------------------------------------------------------------------------------------------------- Federal Home Ln Mtg Corp	Add 2.75%	18,700	0.04
☰	SN8 - - ----------------------------------------------------------------------------------------------------------------------------------- Spirit Fin Corp	Add 1.68%	68,000	0.03
☰	MO - Altria Group, Inc.	Add 1.54%	11,300	0.03
☰	KMC - - ----------------------------------------------------------------------------------------------------------------------------------- Kerr Mcgee Corp	Add 1.42%	11,700	0.05
☰	CCJ - Cameco Corp.	Add 0.97%	18,600	0.02
☰	SPNT - SiriusPoint Ltd.	Buy	4,065,568	4.00
☰	RDS.A - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Royal Dutch Pete Co Spons Adr A	Buy	1,219,200	3.31
☰	NCRA - - ----------------------------------------------------------------------------------------------------------------------------------- News Corp	Buy	110,327	2.13
☰	CNXE - - ----------------------------------------------------------------------------------------------------------------------------------- Consol Energy Inc	Buy	375,000	1.18
☰	3570354Q - - ----------------------------------------------------------------------------------------------------------------------------------- Centex Corp	Buy	370,800	0.99
☰	VIA.B - - ----------------------------------------------------------------------------------------------------------------------------------- Viacom Inc	Buy	689,100	0.94
☰	KND - - ----------------------------------------------------------------------------------------------------------------------------------- Kindred Healthcare Inc	Buy	649,400	0.80
☰	DVA - DaVita Inc.	Buy	439,400	0.42
☰	3527578Q - - ----------------------------------------------------------------------------------------------------------------------------------- Agere Sys Inc	Buy	594,800	0.26
☰	FDCP - - ----------------------------------------------------------------------------------------------------------------------------------- First Data Corp	Buy	130,500	0.22
☰	JNS - - ----------------------------------------------------------------------------------------------------------------------------------- Janus Cap Group Inc	Buy	276,600	0.17
☰	PCZ - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Petro-Cda	Buy	91,400	0.16
☰	2968900Q - - ----------------------------------------------------------------------------------------------------------------------------------- Clear Channel Communications	Buy	100,000	0.14
☰	LMIG - - ----------------------------------------------------------------------------------------------------------------------------------- Liberty Global Inc Com Ser A	Buy	104,600	0.12
☰	6683 - - ----------------------------------------------------------------------------------------------------------------------------------- General Elec Co	Buy	29,000	0.04
	Q2 2005
☰	KRB - Mbna Corp	Add 5905.84%	2,084,701	2.04
☰	AXS - AXIS Capital Holdings Ltd.	Add 373.08%	485,000	0.51
☰	1799056D - 21st Centy Hldg Co	Add 337.08%	300,000	0.14
☰	AFG - American Financial Group, Inc.	Add 201.15%	236,250	0.20
☰	DE - Deere & Co.	Add 156.56%	391,400	0.48
☰	DOW - Dow Inc.	Add 141.91%	449,566	0.75
☰	MS - Morgan Stanley	Add 135.73%	203,600	0.40
☰	NXTL - Nextel Communications Inc	Add 107.06%	1,954,900	2.36
☰	AES - The AES Corp.	Add 103.60%	310,800	0.19
☰	FSH - Fisher Scientific Intl Inc	Add 95.33%	143,000	0.35
☰	AMG - Affiliated Managers Group, Inc.	Add 84.50%	118,300	0.30
☰	MO - Altria Group, Inc.	Add 83.63%	334,500	0.81
☰	FMCC - Federal Home Ln Mtg Corp	Add 79.58%	301,300	0.74
☰	NLOK - Symantec Corp	Add 68.50%	968,200	0.79
☰	ALV - Autoliv, Inc.	Add 33.94%	574,216	0.68
☰	AAIG - American Intl Group Inc	Add 21.28%	247,000	0.54
☰	REXI - Resource America Inc	Add 15.54%	142,500	0.21
☰	TYI - Tyco Intl Ltd New	Add 14.84%	361,600	0.40
☰	KMC - Kerr Mcgee Corp	Add 11.79%	87,169	0.25
☰	TXU - Txu Corp	Add 11.78%	73,300	0.23
☰	0910150D - Hilton Hotels Corp	Add 7.70%	162,287	0.14
☰	SCI - Service Corp. International	Add 4.66%	307,900	0.09
☰	BFH - Bread Financial Holdings, Inc.	Buy	2,109,050	2.55
☰	TTEN - Total S A Sponsored	Buy	469,900	2.05
☰	LLY - Eli Lilly and Co.	Buy	930,785	1.94
☰	SN8 - Spirit Fin Corp	Buy	4,044,900	1.78
☰	C - Citigroup Inc.	Buy	102,250	1.77
☰	BP - BP p.l.c.	Buy	655,800	1.53
☰	IBM - International Business Machines Corp.	Buy	570,070	1.51
☰	PFE - Pfizer Inc.	Buy	1,451,042	1.42
☰	EGRP - E Trade Financial Corp	Buy	2,526,500	1.32
☰	KSS - Kohl's Corp.	Buy	628,600	1.31
☰	TWX - Time Warner Inc	Buy	579,567	1.09
☰	ROST - Ross Stores, Inc.	Buy	3,718,800	1.01
☰	WMT - Walmart Inc.	Buy	1,683,600	1.01
☰	CPRT - Copart, Inc.	Buy	17,374,400	0.97
☰	NTLIV - Ntl Inc Del	Buy	270,600	0.69
☰	CVC - Cablevision Sys Corp Cl A Ny Ca	Buy	537,600	0.65
☰	AMA - Advanced Medical Optics Inc	Buy	378,100	0.56
☰	FBN - Furniture Brands Intl Inc	Buy	579,500	0.47
☰	SRE - Sempra	Buy	518,800	0.40
☰	HPC - Hercules Inc	Buy	704,900	0.37
☰	AIZ - Assurant, Inc.	Buy	237,500	0.32
☰	RIIG - Research In Motion Ltd	Buy	80,000	0.22
☰	MGLN - Magellan Health Svcs Inc	Buy	162,500	0.21
☰	GS - The Goldman Sachs Group, Inc.	Buy	11,457	0.04
☰	HNZ - Heinz Hj Co	Buy	29,425	0.04
☰	IP - International Paper Co.	Buy	36,492	0.04
☰	KEY - KeyCorp	Buy	30,049	0.04
☰	MHS - Medco Health Solutions Inc	Buy	21,300	0.04
☰	PCAR - PACCAR Inc	Buy	54,000	0.04
☰	STLD - Steel Dynamics, Inc.	Buy	148,000	0.04
☰	X - United States Stl Corp	Buy	29,719	0.04
☰	XLNX - Xilinx Inc	Buy	41,905	0.04
☰	MRKC - Merck & Co Inc	Buy	28,068	0.03
☰	SLB - SLB N.V.	Buy	24,140	0.03
☰	APC - Anadarko Pete Corp	Buy	6,153	0.02
☰	COP - ConocoPhillips	Buy	11,306	0.02
☰	HUM - Humana Inc.	Buy	12,100	0.02
☰	TOL - Toll Brothers, Inc.	Buy	12,852	0.02
☰	MXIM - Maxim Integrated Prods Inc	Buy	5,943	0.01
☰	NVS - Novartis AG	Buy	14,986	0.01
	Q1 2005
☰	FMCC - - ----------------------------------------------------------------------------------------------------------------------------------- Federal Home Ln Mtg Corp	Add 846.50%	338,600	0.97
☰	MS - Morgan Stanley	Add 720.39%	131,716	0.34
☰	3153670Q - - ----------------------------------------------------------------------------------------------------------------------------------- Veritas Software Co	Add 328.80%	1,644,000	1.73
☰	SGI - Somnigroup International Inc.	Add 192.79%	6,082,000	1.29
☰	NLOK - - ----------------------------------------------------------------------------------------------------------------------------------- Symantec Corp	Add 182.70%	913,500	0.88
☰	1799056D - - ----------------------------------------------------------------------------------------------------------------------------------- 21st Centy Hldg Co	Add 116.55%	47,900	0.03
☰	NFX - - ----------------------------------------------------------------------------------------------------------------------------------- Newfield Expl Co	Add 99.50%	39,800	0.07
☰	AMG - Affiliated Managers Group, Inc.	Add 55.56%	50,000	0.14
☰	SPNT - SiriusPoint Ltd.	Add 54.16%	892,800	0.92
☰	3539245Q - - ----------------------------------------------------------------------------------------------------------------------------------- Alamosa Hldgs Inc	Add 51.15%	689,000	0.36
☰	IOC - - ----------------------------------------------------------------------------------------------------------------------------------- Interoil Corp	Add 50.00%	30,000	0.05
☰	OII - Oceaneering International, Inc.	Add 50.00%	100,000	0.04
☰	AXS - AXIS Capital Holdings Ltd.	Add 47.56%	41,900	0.05
☰	0910150D - - ----------------------------------------------------------------------------------------------------------------------------------- Hilton Hotels Corp	Add 39.44%	596,300	0.60
☰	NXTL - - ----------------------------------------------------------------------------------------------------------------------------------- Nextel Communications Inc Cl A	Add 33.53%	458,500	0.59
☰	AAIG - - ----------------------------------------------------------------------------------------------------------------------------------- American Intl Group Inc	Add 28.76%	259,200	0.65
☰	LNWO - - ----------------------------------------------------------------------------------------------------------------------------------- Scientific Games Corp Cl A	Add 19.75%	491,300	0.51
☰	ERJG - - ----------------------------------------------------------------------------------------------------------------------------------- Embraer-Empresa Brasileira D Sp Adr Pfd	Add 17.85%	162,500	0.23
☰	SCI - Service Corp. International	Add 12.32%	725,000	0.25
☰	SUG - - ----------------------------------------------------------------------------------------------------------------------------------- Southern Un Co New	Add 11.11%	10,000	0.01
☰	MCIP - - ----------------------------------------------------------------------------------------------------------------------------------- Mci Inc	Add 9.54%	883,400	1.00
☰	KMC - - ----------------------------------------------------------------------------------------------------------------------------------- Kerr Mcgee Corp	Add 9.36%	63,300	0.22
☰	ECA - - ----------------------------------------------------------------------------------------------------------------------------------- Encana Corp	Add 9.19%	35,200	0.11
☰	HOY - - ----------------------------------------------------------------------------------------------------------------------------------- Pinnacle Entmt Inc	Add 6.09%	59,800	0.05
☰	CD - - ----------------------------------------------------------------------------------------------------------------------------------- Cendant Corp	Add 6.03%	12,073	0.25
☰	RDPL - - ----------------------------------------------------------------------------------------------------------------------------------- Royal Dutch Pete Co Ny Reg Eur.56	Add 4.14%	77,000	0.21
☰	CMS - CMS Energy Corp.	Add 2.58%	112,000	0.07
☰	BAC - Bank of America Corp.	Buy	813,600	1.63
☰	BSX - Boston Scientific Corp.	Buy	954,600	1.27
☰	DOW - Dow Inc.	Buy	316,800	0.72
☰	FSH - - ----------------------------------------------------------------------------------------------------------------------------------- Fisher Scientific Intl Inc Com	Buy	150,000	0.39
☰	DE - Deere & Co.	Buy	250,000	0.38
☰	FQ9 - - ----------------------------------------------------------------------------------------------------------------------------------- Blockbuster Inc Cl B	Buy	1,008,900	0.38
☰	PDG - - ----------------------------------------------------------------------------------------------------------------------------------- Placer Dome Inc	Buy	350,000	0.26
☰	AFG - American Financial Group, Inc.	Buy	117,450	0.11
☰	1237140D - - ----------------------------------------------------------------------------------------------------------------------------------- Dawson Geophysical Co	Buy	75,000	0.08
☰	CVX - Chevron Corp.	Buy	21,870	0.06
☰	CIN - - ----------------------------------------------------------------------------------------------------------------------------------- Cinergy Corp	Buy	24,711	0.05
☰	GD - General Dynamics Corp.	Buy	18,842	0.05
☰	HUB - - ----------------------------------------------------------------------------------------------------------------------------------- Chubb Corp	Buy	12,746	0.05
☰	NSC - Norfolk Southern Corp.	Buy	27,009	0.05
☰	PNC - The PNC Financial Services Group, Inc.	Buy	19,700	0.05
☰	ALR - - ----------------------------------------------------------------------------------------------------------------------------------- Altera Corp	Buy	48,370	0.04
☰	CHKP - Check Point Software Technologies Ltd.	Buy	43,085	0.04
☰	CPB - The Campbell's Co.	Buy	28,557	0.04
☰	KRB - - ----------------------------------------------------------------------------------------------------------------------------------- Mbna Corp	Buy	35,299	0.04
☰	SO - The Southern Co.	Buy	29,910	0.04
☰	UPS - United Parcel Service, Inc.	Buy	12,728	0.04
☰	MCF - - ----------------------------------------------------------------------------------------------------------------------------------- Contango Oil & Gas Company Com	Buy	74,300	0.03
☰	AMAT - Applied Materials, Inc.	Buy	21,897	0.02
☰	CI - The Cigna Group	Buy	15,495	0.02
	Q4 2004
☰	RDPL - Royal Dutch Pete Co Ny Reg Eur	Add 238.02%	1,309,100	2.65
☰	0910150D - Hilton Hotels Corp	Add 157.55%	925,000	0.74
☰	OCR - Omnicare Inc	Add 129.60%	194,400	0.24
☰	OII - Oceaneering International, Inc.	Add 116.45%	107,600	0.04
☰	INCLF - Inco Ltd	Add 93.24%	257,800	0.33
☰	CAE - CAE Inc.	Add 87.75%	1,435,000	0.21
☰	RNR - RenaissanceRe Holdings Ltd.	Add 80.42%	296,200	0.54
☰	CY - Cypress Semiconductor Corp	Add 65.24%	68,500	0.03
☰	ERJG - Embraer-Empresa Brasileira D Sp Adr Pfd	Add 61.74%	347,600	0.41
☰	JPM - JPMorgan Chase & Co.	Add 40.56%	94,065	0.13
☰	PXX - Playtex Prods Inc	Add 39.72%	97,900	0.03
☰	WYNN - Wynn Resorts, Ltd.	Add 25.74%	140,000	0.33
☰	MS - Morgan Stanley	Add 24.26%	3,570	0.01
☰	CQB - Chiquita Brands Intl Inc	Add 22.58%	413,500	0.32
☰	FCX - Freeport-McMoRan Inc.	Add 21.28%	736,200	0.50
☰	ECA - Encana Corp	Add 15.53%	51,500	0.10
☰	753397Q - Select Medical Corp	Add 13.16%	25,000	0.02
☰	ALV - Autoliv, Inc.	Add 12.43%	187,380	0.23
☰	EOR - Echostar Communications New	Add 12.21%	367,600	0.43
☰	3022239Q - Wendys Intl Inc	Add 8.94%	2,051	0.00
☰	CMS - CMS Energy Corp.	Add 6.45%	263,300	0.10
☰	MO - Altria Group, Inc.	Add 5.96%	40,000	0.09
☰	CD - Cendant Corp	Add 5.44%	10,319	0.19
☰	SCI - Service Corp. International	Add 3.86%	218,800	0.06
☰	LNWO - Scientific Games Corp C	Add 2.49%	60,400	0.05
☰	KMC - Kerr Mcgee Corp	Add 2.28%	15,100	0.03
☰	MCIP - Mci Inc	Add 1.31%	120,000	0.09
☰	TXU - Txu Corp	Add 1.17%	7,200	0.02
☰	502466Q - Wellpoint Health Network New	Buy	1,707,000	6.93
☰	RIIG - Research In Motion Ltd	Buy	1,008,100	2.93
☰	C - Citigroup Inc.	Buy	128,360	2.18
☰	AAIG - American Intl Group Inc	Buy	901,300	2.09
☰	CMX - Caremark Rx Inc	Buy	1,300,000	1.81
☰	WR - Westar Energy Inc	Buy	1,981,700	1.60
☰	NXTL - Nextel Communications Inc C	Buy	1,367,500	1.45
☰	SPNT - SiriusPoint Ltd.	Buy	1,648,600	1.45
☰	TTEN - Total S A Sponsored	Buy	373,700	1.45
☰	PFE - Pfizer Inc.	Buy	1,430,910	1.29
☰	BP - BP p.l.c.	Buy	581,500	1.20
☰	HUM - Humana Inc.	Buy	781,700	0.82
☰	TWX - Time Warner Inc	Buy	344,700	0.71
☰	FBN - Furniture Brands Intl Inc	Buy	792,500	0.70
☰	838969Q - Fidelity Natl Finl Inc	Buy	404,000	0.65
☰	6686 - Motorola Inc	Buy	1,025,200	0.62
☰	3414924Q - Avaya Inc	Buy	999,700	0.61
☰	HNT - Health Net Inc	Buy	585,000	0.60
☰	SUND - Suncor Energy Inc	Buy	161,667	0.60
☰	SGI - Somnigroup International Inc.	Buy	3,154,800	0.59
☰	3153670Q - Veritas Software Co	Buy	500,000	0.50
☰	EGRP - E Trade Financial Corp	Buy	930,000	0.49
☰	NLOK - Symantec Corp	Buy	500,000	0.45
☰	CPRT - Copart, Inc.	Buy	7,524,800	0.44
☰	AAMRQ - Amr Corp	Buy	912,500	0.35
☰	NWACQ - Northwest Airls Corp C	Buy	847,500	0.33
☰	3093163Q - Creo Inc	Buy	601,800	0.32
☰	AGRE - American Greetings Corp	Buy	349,200	0.31
☰	SRE - Sempra	Buy	418,800	0.27
☰	CAT - Caterpillar Inc.	Buy	140,600	0.24
☰	LNZ - Linens N Things Inc	Buy	268,900	0.24
☰	AMG - Affiliated Managers Group, Inc.	Buy	90,000	0.22
☰	764144Q - Sungard Data Sys Inc	Buy	200,000	0.20
☰	NSM - National Semiconductor Corp	Buy	300,000	0.19
☰	NCRB - News Corp C	Buy	260,000	0.18
☰	LVS - Las Vegas Sands Corp.	Buy	100,000	0.17
☰	WHR - Whirlpool Corp.	Buy	65,800	0.16
☰	EXC - Exelon Corp.	Buy	115,648	0.13
☰	1627457D - Pep Boys Manny Moe & Jack	Buy	200,000	0.12
☰	NCRX - Neighborcare Inc	Buy	110,000	0.12
☰	KKD - Krispy Kreme Doughnuts Inc	Buy	250,000	0.11
☰	WNG - Washington Group Intl Inc Com	Buy	73,700	0.11
☰	FMCC - Federal Home Ln Mtg Corp	Buy	40,000	0.10
☰	AXS - AXIS Capital Holdings Ltd.	Buy	88,100	0.09
☰	ROST - Ross Stores, Inc.	Buy	350,000	0.09
☰	SPPJY - Sappi Ltd Spon Adr	Buy	176,700	0.09
☰	STR-OLD - Questar Corp	Buy	50,000	0.09
☰	IOC - Interoil Corp	Buy	60,000	0.08
☰	BRL - Barr Pharmaceuticals Inc	Buy	36,600	0.06
☰	TOM - Tommy Hilfiger Corp	Buy	150,000	0.06
☰	710946Q - Magnum Hunter Res Inc Com Par $0.	Buy	100,000	0.05
☰	3570354Q - Centex Corp	Buy	18,274	0.04
☰	NFX - Newfield Expl Co	Buy	40,000	0.04
☰	NI - NiSource Inc.	Buy	127,250	0.04
☰	3393199Q - Anheuser Busch Cos Inc	Buy	17,644	0.03
☰	AXP - American Express Co.	Buy	17,758	0.03
☰	BHI - Baker Hughes Inc	Buy	17,500	0.03
☰	ETR - Entergy Corp.	Buy	26,910	0.03
☰	FE - FirstEnergy Corp.	Buy	22,628	0.03
☰	GS - The Goldman Sachs Group, Inc.	Buy	8,606	0.03
☰	HNZ - Heinz H J Co	Buy	21,413	0.03
☰	KLAC - KLA Corp.	Buy	196,340	0.03
☰	PVN - Providian Finl Corp	Buy	55,298	0.03
☰	PX - Praxair Inc	Buy	19,438	0.03
☰	WFC - Wells Fargo & Co.	Buy	28,802	0.03
☰	WMT - Walmart Inc.	Buy	45,000	0.03
☰	1799056D - 21st Centy Hldg Co	Buy	41,100	0.02
☰	HP - Helmerich & Payne, Inc.	Buy	40,000	0.02
☰	SIGI - Selective Insurance Group, Inc.	Buy	20,000	0.02
☰	DUK - Duke Energy Corp.	Buy	7,520	0.01
☰	LMT - Lockheed Martin Corp.	Buy	6,500	0.01
☰	MAR - Marriott International, Inc.	Buy	10,727	0.01
	Q3 2004
☰	ECA - - ----------------------------------------------------------------------------------------------------------------------------------- Encana Corp	Add 2156.46%	317,000	0.93
☰	NXY - - ----------------------------------------------------------------------------------------------------------------------------------- Nexen Inc	Add 561.70%	561,700	1.49
☰	ERJG - - ----------------------------------------------------------------------------------------------------------------------------------- Embraer-Empresa Brasileira D Sp Adr Pfd	Add 486.46%	467,000	0.78
☰	ALV - Autoliv, Inc.	Add 201.69%	1,007,549	1.87
☰	TXU - - ----------------------------------------------------------------------------------------------------------------------------------- Txu Corp	Add 139.22%	357,800	1.09
☰	PTP - - ----------------------------------------------------------------------------------------------------------------------------------- Platinum Underwriters Hldgs L	Add 107.52%	82,900	0.15
☰	SCI - Service Corp. International	Add 83.55%	2,580,000	1.02
☰	582663Q - - ----------------------------------------------------------------------------------------------------------------------------------- Liberty Media Intl Inc Com Ser A	Add 76.73%	171,637	0.36
☰	CAE - CAE Inc.	Add 73.91%	695,000	0.19
☰	EOR - - ----------------------------------------------------------------------------------------------------------------------------------- Echostar Communications New Cl A	Add 24.12%	585,000	1.16
☰	RDPL - - ----------------------------------------------------------------------------------------------------------------------------------- Royal Dutch Pete Co Ny Reg Eur.56	Add 22.30%	100,300	0.33
☰	PXX - - ----------------------------------------------------------------------------------------------------------------------------------- Playtex Prods Inc	Add 16.55%	35,000	0.01
☰	JPM - JPMorgan Chase & Co.	Add 15.97%	31,935	0.08
☰	AGCO - AGCO Corp.	Add 14.28%	135,000	0.19
☰	CD - - ----------------------------------------------------------------------------------------------------------------------------------- Cendant Corp	Add 12.37%	20,898	0.64
☰	WYNN - Wynn Resorts, Ltd.	Add 8.37%	42,000	0.14
☰	LNWO - - ----------------------------------------------------------------------------------------------------------------------------------- Scientific Games Corp Cl A	Add 4.73%	109,700	0.13
☰	AES - The AES Corp.	Add 3.56%	175,200	0.11
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc Cl A	Add 2.43%	23,100	0.03
☰	3539245Q - - ----------------------------------------------------------------------------------------------------------------------------------- Alamosa Hldgs Inc	Add 1.71%	23,000	0.01
☰	HOY - - ----------------------------------------------------------------------------------------------------------------------------------- Pinnacle Entmt Inc	Add 0.72%	7,500	0.01
☰	2860436Q - - ----------------------------------------------------------------------------------------------------------------------------------- Liberty Media Corp New Com Ser A	Add 0.30%	13,200	0.01
☰	MCIP - - ----------------------------------------------------------------------------------------------------------------------------------- Mci Inc	Buy	9,139,309	9.74
☰	KMC - - ----------------------------------------------------------------------------------------------------------------------------------- Kerr Mcgee Corp Com	Buy	661,000	2.41
☰	MO - Altria Group, Inc.	Buy	671,400	2.01
☰	CHKEUR - - ----------------------------------------------------------------------------------------------------------------------------------- Chesapeake Energy Corp	Buy	753,300	0.76
☰	ABR - Arbor Realty Trust, Inc.	Buy	509,800	0.72
☰	0910150D - - ----------------------------------------------------------------------------------------------------------------------------------- Hilton Hotels Corp	Buy	587,100	0.70
☰	OCR - - ----------------------------------------------------------------------------------------------------------------------------------- Omnicare Inc	Buy	150,000	0.27
☰	PHS - - ----------------------------------------------------------------------------------------------------------------------------------- Pacificare Health Systems	Buy	110,000	0.26
☰	AMGN - Amgen Inc.	Buy	50,000	0.18
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Buy	100,000	0.17
☰	753397Q - - ----------------------------------------------------------------------------------------------------------------------------------- Select Medical Corp	Buy	189,900	0.16
☰	MET - MetLife, Inc.	Buy	67,320	0.15
☰	PXD - - ----------------------------------------------------------------------------------------------------------------------------------- Pioneer Nat Res Co	Buy	70,000	0.15
☰	BSX - Boston Scientific Corp.	Buy	50,000	0.13
☰	SUG - - ----------------------------------------------------------------------------------------------------------------------------------- Southern Un Co New	Buy	90,000	0.12
☰	DVN - Devon Energy Corp.	Buy	40,000	0.09
☰	CHRS - - ----------------------------------------------------------------------------------------------------------------------------------- Charming Shoppes Inc	Buy	177,100	0.08
☰	CY - - ----------------------------------------------------------------------------------------------------------------------------------- Cypress Semiconductor Corp	Buy	105,000	0.06
☰	EWJ - iShares MSCI Japan ETF	Buy	25,000	0.06
☰	3022239Q - - ----------------------------------------------------------------------------------------------------------------------------------- Wendys Intl Inc	Buy	22,949	0.05
☰	987200Q - - ----------------------------------------------------------------------------------------------------------------------------------- May Dept Stores Co	Buy	30,000	0.05
☰	DD - DuPont de Nemours, Inc.	Buy	9,265	0.05
☰	MS - Morgan Stanley	Buy	14,714	0.05
☰	OII - Oceaneering International, Inc.	Buy	92,400	0.05
☰	UNH - UnitedHealth Group Inc.	Buy	21,740	0.05
☰	INTC - Intel Corp.	Buy	31,473	0.04
☰	MEL - - ----------------------------------------------------------------------------------------------------------------------------------- Mellon Finl Corp	Buy	25,265	0.04
☰	MER - - ----------------------------------------------------------------------------------------------------------------------------------- Merrill Lynch & Co Inc	Buy	13,997	0.04
☰	MXIM - - ----------------------------------------------------------------------------------------------------------------------------------- Maxim Intergrated Products Inc	Buy	16,688	0.04
☰	USB - U.S. Bancorp	Buy	23,413	0.04
☰	NEM - Newmont Corp.	Buy	10,000	0.03
☰	MBGAF - - ----------------------------------------------------------------------------------------------------------------------------------- Daimlerchrysler Ag	Buy	5,000	0.01
	Q2 2004
☰	NVRI - Enviri Corp.	Add 560.40%	560,400	0.83
☰	6684 - - --------------------------------------------------------------------------------------------------------------------------------- Hewlett Packard Co	Add 132.54%	1,135,300	1.51
☰	NSM - - --------------------------------------------------------------------------------------------------------------------------------- National Semiconductor Corp	Add 97.50%	97,500	0.13
☰	RDPL - - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Royal Dutch Pete Co Ny Reg Eur.56	Add 60.78%	170,000	0.55
☰	NCC - - --------------------------------------------------------------------------------------------------------------------------------- National City Corp	Add 51.95%	356,800	0.78
☰	KRB - - --------------------------------------------------------------------------------------------------------------------------------- Mbna Corp	Add 50.40%	286,800	0.46
☰	RMK - - --------------------------------------------------------------------------------------------------------------------------------- Aramark Corp	Add 49.80%	289,300	0.52
☰	PDG - - --------------------------------------------------------------------------------------------------------------------------------- Placer Dome Inc	Add 41.51%	88,000	0.09
☰	CVC - - --------------------------------------------------------------------------------------------------------------------------------- Cablevision Sys Corp	Add 40.84%	175,000	0.22
☰	SCI - Service Corp. International	Add 39.34%	871,900	0.40
☰	EOR - - --------------------------------------------------------------------------------------------------------------------------------- Echostar Communications New	Add 36.30%	646,000	1.25
☰	RNR - RenaissanceRe Holdings Ltd.	Add 16.90%	83,100	0.28
☰	HOY - - --------------------------------------------------------------------------------------------------------------------------------- Pinnacle Entmt Inc	Add 16.11%	145,000	0.11
☰	FTU - - --------------------------------------------------------------------------------------------------------------------------------- Wachovia Corp 2nd New	Add 15.18%	116,000	0.32
☰	LNWO - - --------------------------------------------------------------------------------------------------------------------------------- Scientific Games Corp	Add 7.88%	169,200	0.20
☰	3093023Q - - --------------------------------------------------------------------------------------------------------------------------------- Sunterra Corp	Add 6.82%	46,200	0.04
☰	HPC - - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Hercules Inc	Add 6.07%	140,400	0.11
☰	CCJ - Cameco Corp.	Add 5.32%	247,200	0.15
☰	WR - - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Westar Energy Inc	Add 4.37%	100,700	0.13
☰	AAP - Advance Auto Parts, Inc.	Add 4.27%	101,250	0.19
☰	CQB - - --------------------------------------------------------------------------------------------------------------------------------- Chiquita Brands Intl Inc	Add 3.70%	67,400	0.09
☰	2860436Q - - --------------------------------------------------------------------------------------------------------------------------------- Liberty Media Corp New Com Ser A	Add 3.28%	142,000	0.08
☰	CMS - CMS Energy Corp.	Add 1.88%	76,700	0.04
☰	AGCO - AGCO Corp.	Add 1.07%	10,000	0.01
☰	AES - The AES Corp.	Add 0.43%	21,000	0.01
☰	PFE - Pfizer Inc.	Buy	1,070,021	2.19
☰	HUM - Humana Inc.	Buy	1,274,900	1.35
☰	WYNN - Wynn Resorts, Ltd.	Buy	502,000	1.22
☰	ALV - Autoliv, Inc.	Buy	499,541	0.95
☰	AAGBP - Alcoa Inc	Buy	425,500	0.88
☰	INCLF - - --------------------------------------------------------------------------------------------------------------------------------- Inco Ltd	Buy	400,000	0.87
☰	SUND - - --------------------------------------------------------------------------------------------------------------------------------- Suncor Energy Inc	Buy	161,667	0.78
☰	TXU - - --------------------------------------------------------------------------------------------------------------------------------- Txu Corp	Buy	257,000	0.65
☰	582663Q - - --------------------------------------------------------------------------------------------------------------------------------- Liberty Media Intl Inc Com Ser A	Buy	223,682	0.52
☰	SIXFQ - - --------------------------------------------------------------------------------------------------------------------------------- Six Flags Inc	Buy	1,105,400	0.50
☰	JPM - JPMorgan Chase & Co.	Buy	200,000	0.49
☰	CAE - CAE Inc.	Buy	940,300	0.27
☰	NXY - - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Nexen Inc	Buy	100,000	0.25
☰	RADG - - --------------------------------------------------------------------------------------------------------------------------------- Rite Aid Corp	Buy	659,200	0.22
☰	ERJG - - --------------------------------------------------------------------------------------------------------------------------------- Embraer-Empresa Brasileira D Sp Adr Pfd	Buy	96,000	0.17
☰	PTP - - --------------------------------------------------------------------------------------------------------------------------------- Platinum Underwriters Hldgs L	Buy	77,100	0.15
☰	PXX - - --------------------------------------------------------------------------------------------------------------------------------- Playtex Products Inc	Buy	211,500	0.10
☰	1544866D - - --------------------------------------------------------------------------------------------------------------------------------- Airgate Pcs Inc	Buy	52,533	0.06
☰	2676187Q - - --------------------------------------------------------------------------------------------------------------------------------- Southtrust Corp	Buy	7,700	0.02
☰	AAMRQ - - --------------------------------------------------------------------------------------------------------------------------------- Amr Corp	Buy	17,500	0.01
☰	OMM - - --------------------------------------------------------------------------------------------------------------------------------- Omi Corp New	Buy	11,300	0.01
	Q1 2004
☰	NCC - - --------------------------------------------------------------------------------------------------------------------------------- National City Corp	Add 357.87%	536,800	1.19
☰	RDPL - - --------------------------------------------------------------------------------------------------------------------------------- Royal Dutch Pete Co Ny Reg Eur.56	Add 272.93%	204,700	0.61
☰	CVX - Chevron Corp.	Add 158.44%	142,600	0.39
☰	COP - ConocoPhillips	Add 146.83%	231,137	0.38
☰	MO - Altria Group, Inc.	Add 66.86%	339,800	1.15
☰	CCJ - Cameco Corp.	Add 49.86%	1,545,000	0.80
☰	FTU - - --------------------------------------------------------------------------------------------------------------------------------- Wachovia Corp 2nd New	Add 45.77%	240,000	0.70
☰	6684 - - --------------------------------------------------------------------------------------------------------------------------------- Hewlett Packard Co	Add 43.82%	261,000	0.37
☰	REXI - - --------------------------------------------------------------------------------------------------------------------------------- Resource America Inc	Add 38.22%	264,800	0.30
☰	CCBI - - --------------------------------------------------------------------------------------------------------------------------------- Commercial Cap Bancorp Inc	Add 33.33%	16,650	0.02
☰	MHX - - --------------------------------------------------------------------------------------------------------------------------------- Meristar Hospitality Corp	Add 28.11%	373,800	0.16
☰	AAP - Advance Auto Parts, Inc.	Add 25.75%	486,150	0.82
☰	EOR - - --------------------------------------------------------------------------------------------------------------------------------- Echostar Communications New	Add 17.74%	268,100	0.55
☰	WFC - Wells Fargo & Co.	Add 10.63%	94,600	0.17
☰	SCI - Service Corp. International	Add 6.93%	143,600	0.07
☰	2860436Q - - --------------------------------------------------------------------------------------------------------------------------------- Liberty Media Corp New Com Ser A	Add 6.71%	272,300	0.19
☰	AGCO - AGCO Corp.	Add 6.09%	53,700	0.07
☰	CMS - CMS Energy Corp.	Add 4.94%	192,100	0.11
☰	LNWO - - --------------------------------------------------------------------------------------------------------------------------------- Scientific Games Corp	Add 3.72%	77,000	0.09
☰	NYCBN - - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- New York Cmnty Bancorp Inc	Buy	2,004,705	4.29
☰	945171Q - - --------------------------------------------------------------------------------------------------------------------------------- Laidlaw Intl Inc	Buy	3,629,027	3.29
☰	VIA.B - - --------------------------------------------------------------------------------------------------------------------------------- Viacom Inc	Buy	725,700	1.77
☰	RMK - - --------------------------------------------------------------------------------------------------------------------------------- Aramark Corp	Buy	580,900	0.99
☰	KRB - - --------------------------------------------------------------------------------------------------------------------------------- Mbna Corp	Buy	569,000	0.98
☰	3539245Q - - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Alamosa Hldgs Inc	Buy	2,340,900	0.87
☰	CMCSK - - --------------------------------------------------------------------------------------------------------------------------------- Comcast Corp New	Buy	498,100	0.87
☰	CPNLQ - - --------------------------------------------------------------------------------------------------------------------------------- Calpine Corp	Buy	2,996,300	0.87
☰	HOY - - --------------------------------------------------------------------------------------------------------------------------------- Pinnacle Entmt Inc	Buy	900,000	0.77
☰	SEE-OLD - - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Sealed Air Corp New	Buy	200,800	0.62
☰	3093023Q - - --------------------------------------------------------------------------------------------------------------------------------- Sunterra Corp	Buy	677,400	0.57
☰	MEOH - Methanex Corp.	Buy	432,400	0.30
☰	NSM - - --------------------------------------------------------------------------------------------------------------------------------- National Semiconductor Corp	Buy	100,000	0.28
☰	PDG - - --------------------------------------------------------------------------------------------------------------------------------- Placer Dome Inc	Buy	212,000	0.24
☰	NVRI - Enviri Corp.	Buy	100,000	0.14
☰	PWR - Quanta Services, Inc.	Buy	250,000	0.11
☰	CHRS - - --------------------------------------------------------------------------------------------------------------------------------- Charming Shoppes Inc	Buy	169,345	0.08
	Q4 2003
☰	STXG - - ----------------------------------------------------------------------------------------------------------------------------------- Seagate Technology	Add 1258.40%	1,228,200	1.34
☰	DCCA - - ----------------------------------------------------------------------------------------------------------------------------------- Dobson Communications Corp	Add 134.28%	2,772,100	1.05
☰	AGCO - AGCO Corp.	Add 109.83%	461,400	0.54
☰	JCP* - - ----------------------------------------------------------------------------------------------------------------------------------- Penney Jc Inc	Add 94.01%	1,098,200	1.66
☰	MHX - - ----------------------------------------------------------------------------------------------------------------------------------- Meristar Hospitality Corp	Add 89.94%	629,600	0.24
☰	CVC - - ----------------------------------------------------------------------------------------------------------------------------------- Cablevision Sys Corp	Add 75.73%	323,200	0.44
☰	WFC - Wells Fargo & Co.	Add 48.68%	291,400	0.49
☰	CMS - CMS Energy Corp.	Add 37.70%	1,064,900	0.52
☰	BSX - Boston Scientific Corp.	Add 31.20%	204,700	0.43
☰	2860436Q - - ----------------------------------------------------------------------------------------------------------------------------------- Liberty Media Corp New Com Ser A	Add 10.21%	375,900	0.26
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc	Add 6.62%	43,000	0.04
☰	PTP - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Platinum Underwriters Holdings Ltd	Add 1.73%	8,100	0.01
☰	6684 - - ----------------------------------------------------------------------------------------------------------------------------------- Hewlett Packard Co	Add 1.22%	7,200	0.01
☰	FTU - - ----------------------------------------------------------------------------------------------------------------------------------- Wachovia Corp 2nd New	Add 1.06%	5,500	0.01
☰	TSM - Taiwan Semiconductor	Buy	4,833,258	2.30
☰	MO - Altria Group, Inc.	Buy	508,200	1.59
☰	4621824Q - - ----------------------------------------------------------------------------------------------------------------------------------- Kinder Morgan Inc Kans	Buy	368,900	1.26
☰	SCI - Service Corp. International	Buy	2,072,500	0.64
☰	TAN - - ----------------------------------------------------------------------------------------------------------------------------------- Radioshack Corp	Buy	32,500	0.57
☰	TTEN - - ----------------------------------------------------------------------------------------------------------------------------------- Total SA	Buy	106,600	0.57
☰	SIXFQ - - ----------------------------------------------------------------------------------------------------------------------------------- Six Flags Inc	Buy	823,300	0.36
☰	2269952Q - - ----------------------------------------------------------------------------------------------------------------------------------- Shell Trans & Trading Plc Adr Ny Shs	Buy	115,000	0.30
☰	XOM - ExxonMobil Holdings Corp.	Buy	127,000	0.30
☰	NCC - - ----------------------------------------------------------------------------------------------------------------------------------- National City Corp	Buy	150,000	0.29
☰	AMGN - Amgen Inc.	Buy	80,000	0.28
☰	COP - ConocoPhillips	Buy	157,415	0.23
☰	RDPL - - ----------------------------------------------------------------------------------------------------------------------------------- Royal Dutch Pete Co	Buy	75,000	0.23
☰	CVX - Chevron Corp.	Buy	90,000	0.22
☰	612939Q - - ----------------------------------------------------------------------------------------------------------------------------------- Greenpoint Finl Corp	Buy	100,000	0.20
☰	6686 - - ----------------------------------------------------------------------------------------------------------------------------------- Motorola Inc	Buy	200,000	0.16
☰	SEBL - - ----------------------------------------------------------------------------------------------------------------------------------- Siebel Sys Inc	Buy	100,000	0.08
☰	AAMRQ - - ----------------------------------------------------------------------------------------------------------------------------------- Amr Corp	Buy	20,000	0.01
	Q3 2003
☰	ODP - - ----------------------------------------------------------------------------------------------------------------------------------- Office Depot Inc	Add 88.33%	706,600	0.56
☰	GDT - - ----------------------------------------------------------------------------------------------------------------------------------- Guidant Corp	Add 75.00%	75,000	0.20
☰	LNWO - - ----------------------------------------------------------------------------------------------------------------------------------- Scientific Games Corp	Add 56.77%	769,900	0.50
☰	CCBI - - ----------------------------------------------------------------------------------------------------------------------------------- Commercial Cap Bancorp Inc	Add 50.00%	16,650	0.01
☰	FCX - Freeport-McMoRan Inc.	Add 44.09%	1,639,668	1.54
☰	6683 - - ----------------------------------------------------------------------------------------------------------------------------------- General Elec Co	Add 32.21%	235,200	0.40
☰	BAX - Baxter International Inc.	Add 30.19%	732,534	0.66
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc	Add 12.40%	71,700	0.05
☰	NYCBN - - ----------------------------------------------------------------------------------------------------------------------------------- New York Cmnty Bancorp Inc	Add 12.29%	135,600	0.24
☰	SPXC* - - ----------------------------------------------------------------------------------------------------------------------------------- Spx Corp	Add 11.45%	77,000	0.20
☰	LAB - Standard BioTools Inc.	Add 10.46%	174,400	0.28
☰	ECA - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Encana Corp	Add 9.95%	90,800	0.19
☰	OHP - - ----------------------------------------------------------------------------------------------------------------------------------- Oxford Health Plans Inc	Add 4.05%	98,700	0.23
☰	RNR - RenaissanceRe Holdings Ltd.	Add 3.03%	15,300	0.04
☰	X - - ----------------------------------------------------------------------------------------------------------------------------------- United States Stl Corp New	Add 0.01%	100	0.00
☰	JCP* - - ----------------------------------------------------------------------------------------------------------------------------------- Penny J C Inc	Buy	1,168,200	1.42
☰	CMS - CMS Energy Corp.	Buy	2,824,400	1.18
☰	519239Q - - ----------------------------------------------------------------------------------------------------------------------------------- Concord Efs Inc	Buy	1,506,250	1.17
☰	DCCA - - ----------------------------------------------------------------------------------------------------------------------------------- Dobson Communications Corp	Buy	2,064,400	0.95
☰	WFC - Wells Fargo & Co.	Buy	598,600	0.87
☰	VLO - Valero Energy Corp.	Buy	1,449,331	0.72
☰	6684 - - ----------------------------------------------------------------------------------------------------------------------------------- Hewlett Packard Co	Buy	588,400	0.65
☰	AGCO - AGCO Corp.	Buy	420,100	0.41
☰	BN - Brookfield Corp.	Buy	2,731,180	0.34
☰	MHX - - ----------------------------------------------------------------------------------------------------------------------------------- Meristar Hospitality Corp	Buy	700,000	0.28
☰	941680Q - - ----------------------------------------------------------------------------------------------------------------------------------- Michaels Stores Inc	Buy	105,900	0.25
☰	WMB - The Williams Companies, Inc.	Buy	429,342	0.19
☰	2914808Q - - ----------------------------------------------------------------------------------------------------------------------------------- Station Casinos Inc	Buy	97,600	0.17
☰	NXY - - ----------------------------------------------------------------------------------------------------------------------------------- Nexen Inc	Buy	100,000	0.15
☰	STXG - - ----------------------------------------------------------------------------------------------------------------------------------- Seagate Technology	Buy	97,600	0.15
☰	PENN - PENN Entertainment, Inc.	Buy	803,217	0.11
☰	FLEX - Flex Ltd.	Buy	129,515	0.08
	Q2 2003
☰	INTC - Intel Corp.	Add 3900.00%	292,500	0.33
☰	BSX - Boston Scientific Corp.	Add 350.00%	700,000	1.15
☰	ECA - Encana Corp	Add 295.23%	681,400	1.40
☰	PTP - Platinum Underwriter Hldgs L	Add 214.43%	327,000	0.48
☰	PRE - Partnerre Ltd	Add 97.89%	37,900	1.21
☰	CVX - Chevron Corp.	Add 54.69%	180,600	0.35
☰	LAB - Standard BioTools Inc.	Add 48.96%	547,800	0.88
☰	SUND - Suncor Energy Inc	Add 39.57%	58,334	0.18
☰	NYCBN - New York Cmnty Bancorp Inc	Add 33.33%	275,763	0.43
☰	AES - The AES Corp.	Add 32.60%	1,280,800	0.44
☰	CCJ - Cameco Corp.	Add 28.53%	1,008,000	0.29
☰	REXI - Resource America Inc	Add 23.45%	109,800	0.06
☰	OHP - Oxford Health Plans Inc	Add 15.79%	332,000	0.75
☰	TXN - Texas Instruments Inc.	Add 10.61%	13,100	0.05
☰	TGT - Target Corp.	Add 8.24%	100,000	0.20
☰	RNR - RenaissanceRe Holdings Ltd.	Add 7.23%	34,000	0.08
☰	CQB - Chiquita Brands Intl Inc	Add 2.89%	60,000	0.05
☰	NHL - Newhall Land & Farming Co Ca De	Add 2.36%	29,000	0.05
☰	HC - Hanover Compressor Co	Add 1.01%	14,900	0.01
☰	GMH - General Motors Corp	Add 0.76%	22,400	0.02
☰	PFE - Pfizer Inc.	Buy	2,095,289	3.64
☰	USAI - Interactive Corp	Buy	1,523,800	3.21
☰	BAX - Baxter International Inc.	Buy	2,426,438	1.84
☰	SPXC* - Spx Corp	Buy	672,700	1.59
☰	LL5 - Laidlaw Global Corp	Buy	3,435,473	1.37
☰	BP - BP p.l.c.	Buy	601,100	1.35
☰	MOO - Monsanto Co New	Buy	1,123,618	1.30
☰	3605818Q - Hca Inc	Buy	663,700	1.14
☰	FTU - Wachovia Corp 2nd New	Buy	522,800	1.12
☰	CCK - Crown Holdings, Inc.	Buy	2,789,800	1.07
☰	X - United States Stl Corp New	Buy	870,600	0.76
☰	LNWO - Scientific Games Corp	Buy	1,356,100	0.68
☰	ODP - Office Depot	Buy	800,000	0.62
☰	TMX - Telefonos De Mexico SA Sp	Buy	363,000	0.61
☰	PBG - Pepsi Bottling Grp Inc	Buy	492,900	0.53
☰	C - Citigroup Inc.	Buy	21,090	0.48
☰	FBN - Furniture Brands Intl Inc	Buy	295,700	0.41
☰	FDCP - First Data Corp	Buy	137,500	0.31
☰	GDT - Guidant Corp	Buy	100,000	0.24
☰	VFC - V.F. Corp.	Buy	467,280	0.20
☰	PETM - Petsmart Inc	Buy	187,600	0.17
☰	SMP - Standard Mtrs Prods Inc	Buy	225,000	0.13
☰	BEAS - Bea Sys Inc	Buy	200,000	0.12
☰	RADG - Rite Aid Corp	Buy	400,000	0.10
☰	CPKI - California Pizza Kitchen Inc	Buy	50,000	0.06
☰	CCBI - Commercial Cap Bancorp Inc	Buy	33,300	0.03
☰	CXT - Crane NXT, Co.	Buy	431,850	0.03
	Q1 2003
☰	TGT - Target Corp.	Add 593.43%	1,038,500	2.38
☰	LAB - Standard BioTools Inc.	Add 210.63%	758,700	1.76
☰	CQB - Chiquita Brands Intl Inc	Add 69.76%	854,500	0.73
☰	TYI - Tyco Intl Ltd New	Add 63.82%	2,359,858	2.38
☰	HD - The Home Depot, Inc.	Add 43.63%	364,500	0.70
☰	748957Q - Pharmacia Corp	Add 37.77%	556,000	1.88
☰	OHP - Oxford Health Plans Inc	Add 17.77%	317,300	0.75
☰	REXI - Resource America Inc	Add 12.38%	51,600	0.03
☰	RNR - RenaissanceRe Holdings Ltd.	Add 12.30%	51,500	0.16
☰	WR - Westar Energy Inc	Add 12.12%	411,200	0.39
☰	GMST - Gemstar Tv Guide Intl Inc	Add 8.82%	271,200	0.08
☰	SANM - Samina Sci Corp	Add 4.55%	21,233	0.04
☰	HC - Hanover Compressor Co	Add 2.25%	32,500	0.02
☰	NYCBN - New York Cmnty Bancorp Inc	Add 1.73%	14,100	0.03
☰	6683 - General Electric Co	Buy	730,300	1.46
☰	CVX - Chevron Corp.	Buy	330,200	0.84
☰	562340Q - Metro Goldwyn Inc	Buy	979,700	0.81
☰	SUND - Suncor Energy Inc	Buy	147,433	0.60
☰	ECA - Encana Corp	Buy	230,800	0.58
☰	605555Q - Sears Roebuck & Co	Buy	300,000	0.57
☰	TXN - Texas Instruments Inc.	Buy	123,500	0.57
☰	NDN - 99 Cents Only Stores	Buy	195,900	0.39
☰	BSX - Boston Scientific Corp.	Buy	200,000	0.32
☰	GS - The Goldman Sachs Group, Inc.	Buy	58,700	0.31
☰	MSFT - Microsoft Corp.	Buy	160,000	0.30
☰	PTP - Platinum Underwriter Hldgs L	Buy	152,500	0.30
☰	DLM - Del Monte Foods Co	Buy	490,100	0.29
☰	EP - El Paso Corp	Buy	10,417	0.24
☰	GAP - The Gap, Inc.	Buy	205,000	0.23
☰	TOL - Toll Brothers, Inc.	Buy	270,000	0.20
☰	TER - Teradyne, Inc.	Buy	160,000	0.15
☰	PPMIQ - Pmi Group Inc	Buy	50,000	0.10
☰	8285437Q - Fording Cdn Coal Trust T	Buy	31,000	0.05
☰	AXP - American Express Co.	Buy	8,568	0.02
☰	INTC - Intel Corp.	Buy	7,500	0.01
	Q4 2002
☰	SPY - State Street SPDR S&P 500 ETF Trust	Add 525.00%	37,800	0.26
☰	COEB - Continental Arls Inc	Add 438.55%	1,543,700	0.88
☰	2860436Q - Liberty Media Corp New	Add 188.20%	2,854,901	2.01
☰	HD - The Home Depot, Inc.	Add 83.56%	380,300	0.72
☰	WYE - Wyeth	Add 40.12%	173,000	0.51
☰	AAP - Advance Auto Parts, Inc.	Add 33.48%	870,300	1.12
☰	FCX - Freeport-McMoRan Inc.	Add 25.30%	953,200	0.63
☰	REXI - Resource America Inc	Add 20.50%	70,900	0.05
☰	GMH - General Motors Corp	Add 16.77%	426,000	0.36
☰	EOR - Echostar Communications New	Add 2.03%	35,800	0.06
☰	THC - Tenet Healthcare Corp.	Buy	1,042,500	5.39
☰	748957Q - Pharmacia Corp	Buy	1,472,100	4.85
☰	PRE - Partnerre Ltd	Buy	61,155	2.90
☰	WR - Westar Energy Inc	Buy	3,392,100	2.65
☰	CI - The Cigna Group	Buy	2,178,900	2.35
☰	HON - Honeywell International Inc.	Buy	755,854	1.35
☰	RCL - Royal Caribbean Cruises Ltd.	Buy	925,800	1.22
☰	SANM - Samina Sci Corp	Buy	466,667	0.99
☰	PVN - Providian Finl Corp	Buy	1,844,700	0.94
☰	LAB - Standard BioTools Inc.	Buy	360,200	0.66
☰	NOK - Nokia Oyj	Buy	398,600	0.49
☰	TGT - Target Corp.	Buy	175,000	0.41
☰	PDG - Placer Dome Inc	Buy	425,000	0.39
☰	987200Q - May Dept Stores Co	Buy	185,000	0.34
☰	3403545Q - Dollar Gen Corp	Buy	308,700	0.29
☰	AMGN - Amgen Inc.	Buy	59,200	0.23
☰	ELBO - Electronics Boutique Hldgs C	Buy	75,000	0.09
	Q3 2002
☰	KR - The Kroger Co.	Add 175.55%	702,200	0.48
☰	EIX - Edison International	Add 165.39%	1,976,700	1.94
☰	HC - - ----------------------------------------------------------------------------------------------------------------------------------- Hanover Compressor Co	Add 163.10%	1,123,100	0.91
☰	RNR - RenaissanceRe Holdings Ltd.	Add 113.93%	303,400	1.12
☰	AKS - - ----------------------------------------------------------------------------------------------------------------------------------- Ak Stl Hldg Corp	Add 88.21%	772,300	0.55
☰	PCG - PG&E Corp.	Add 82.81%	1,058,700	1.17
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc Cl A	Add 77.79%	151,300	0.12
☰	HAL - Halliburton Co.	Add 50.18%	828,000	0.52
☰	OHP - - ----------------------------------------------------------------------------------------------------------------------------------- Oxford Health Plans Inc	Add 41.97%	624,000	2.38
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 40.51%	2,124,200	2.93
☰	GMST - - ----------------------------------------------------------------------------------------------------------------------------------- Gemstar Tv Guide Intl Inc	Add 28.97%	874,200	0.22
☰	EOR - - ----------------------------------------------------------------------------------------------------------------------------------- Echostar Communications New Cl A	Add 26.63%	370,700	0.63
☰	CNA - CNA Financial Corp.	Add 12.20%	99,400	0.24
☰	CCJ - Cameco Corp.	Add 9.83%	361,800	0.10
☰	AHG - - ----------------------------------------------------------------------------------------------------------------------------------- Apria Healthcare Group Inc	Add 6.51%	25,000	0.17
☰	CD - - ----------------------------------------------------------------------------------------------------------------------------------- Cendant Corp	Add 5.64%	13,113	0.31
☰	MN7 - - ----------------------------------------------------------------------------------------------------------------------------------- Manor Care Inc New	Add 2.06%	40,600	0.09
☰	720796Q - - ----------------------------------------------------------------------------------------------------------------------------------- Baycorp Hldgs Corp	Add 0.49%	13,300	0.02
☰	NYCBN - - ----------------------------------------------------------------------------------------------------------------------------------- New York Cmnty Bancorp Inc	Add 0.32%	2,800	0.01
☰	2860436Q - - ----------------------------------------------------------------------------------------------------------------------------------- Liberty Media Corp New Com Ser A	Add 0.30%	4,600	0.00
☰	AAP - Advance Auto Parts, Inc.	Add 0.09%	2,400	0.00
☰	NHL - - ----------------------------------------------------------------------------------------------------------------------------------- Newhall Land & Farming Co Ca Depositary Rec	Add 0.09%	1,500	0.00
☰	CVC - - ----------------------------------------------------------------------------------------------------------------------------------- Cablevision Sys Corp Cl A Ny Cablvs	Buy	3,277,967	2.91
☰	WYE - - ----------------------------------------------------------------------------------------------------------------------------------- Wyeth	Buy	431,200	1.34
☰	HD - The Home Depot, Inc.	Buy	455,100	1.16
☰	BBY - Best Buy Co., Inc.	Buy	585,000	0.85
☰	CITGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Cit Group Inc	Buy	200,000	0.35
☰	PPMIQ - - ----------------------------------------------------------------------------------------------------------------------------------- Pmi Group Inc	Buy	117,000	0.31
☰	RDN - Radian Group Inc.	Buy	97,000	0.31
☰	CSX - CSX Corp.	Buy	1,632,600	0.23
☰	COEB - - ----------------------------------------------------------------------------------------------------------------------------------- Continental Arls Inc Cl B	Buy	352,000	0.19
☰	9489 - - ----------------------------------------------------------------------------------------------------------------------------------- At&t Corp	Buy	120,000	0.14
☰	SNPS - Synopsys, Inc.	Buy	60,000	0.11
☰	SPL - - ----------------------------------------------------------------------------------------------------------------------------------- Schering Plough Corp	Buy	35,000	0.07
☰	RTN - - ----------------------------------------------------------------------------------------------------------------------------------- Ratheon Co Com	Buy	20,000	0.06
☰	SPY - State Street SPDR S&P 500 ETF Trust	Buy	7,200	0.06
☰	AQ - - ----------------------------------------------------------------------------------------------------------------------------------- Comcast Corp Cl A	Buy	20,000	0.04
☰	KRB - - ----------------------------------------------------------------------------------------------------------------------------------- Mbna Corp	Buy	20,000	0.04
☰	LVLT - - ----------------------------------------------------------------------------------------------------------------------------------- Level 3 Communications Inc	Buy	50,000	0.02
	Q2 2002
☰	6686 - Motorola Inc	Add 337.65%	287,000	0.34
☰	2484292Q - Cablevision Sys Corp Cl	Add 282.40%	564,800	0.41
☰	EOR - Echostar Communications New	Add 138.32%	807,900	1.23
☰	FCX - Freeport-McMoRan Inc.	Add 59.72%	1,518,600	1.11
☰	NYCBN - New York Cmnty Bancorp Inc	Add 38.27%	242,700	0.54
☰	PDE - Pride Intl Inc Del	Add 31.51%	415,000	0.53
☰	AES - The AES Corp.	Add 29.08%	1,319,500	0.59
☰	AAP - Advance Auto Parts, Inc.	Add 28.87%	581,700	0.87
☰	GMST - Gemstar Tv Guide Intl Inc	Add 27.96%	659,400	0.29
☰	REXI - Resource America Inc	Add 23.96%	37,600	0.03
☰	PCG - PG&E Corp.	Add 20.89%	220,900	0.32
☰	GMH - General Motors Corp	Add 8.08%	220,100	0.19
☰	TEN - Tsakos Energy Navigation Ltd	Add 3.19%	11,920	0.03
☰	AHG - Apria Healthcare Group Inc	Add 2.45%	9,167	0.05
☰	CD - Cendant Corp	Add 1.46%	3,352	0.10
☰	HPC - Hercules Inc	Add 0.67%	31,300	0.03
☰	NHL - Newhall Land & Farming Co Ca De	Add 0.48%	7,700	0.02
☰	MN7 - Manor Care Inc New	Add 0.25%	4,900	0.01
☰	CQB - Chiquita Brands Intl Inc	Buy	1,768,400	2.60
☰	ECA - Encana Corp	Buy	650,592	1.63
☰	DNA - Ginkgo Bioworks Holdings, Inc.	Buy	10,333	1.13
☰	HAL - Halliburton Co.	Buy	1,650,000	1.08
☰	3020086Q - Kookmin Bk New S	Buy	254,600	1.03
☰	PRE - Partnerre Ltd	Buy	21,913	1.02
☰	CPNLQ - Calpine Corp	Buy	1,707,000	0.98
☰	AKS - Ak Stl Hldg Corp	Buy	875,500	0.92
☰	TRZ - Trizec Properties Inc	Buy	655,400	0.91
☰	RNR - RenaissanceRe Holdings Ltd.	Buy	266,300	0.80
☰	EP - El Paso Corp	Buy	9,583	0.78
☰	YCC - Yankee Candle Inc	Buy	330,000	0.73
☰	FL - Foot Locker Inc	Buy	592,100	0.70
☰	DBDQQ - Diebold Inc	Buy	131,800	0.40
☰	ATML - Atmel Corp	Buy	700,000	0.36
☰	KR - The Kroger Co.	Buy	400,000	0.33
☰	PFE - Pfizer Inc.	Buy	105,400	0.29
☰	CAO - Csk Auto Corp	Buy	160,000	0.18
☰	769210Q - Premcor Inc	Buy	54,000	0.11
	Q1 2002
☰	REXI - Resource America Inc	Add 396.52%	125,300	0.08
☰	TYI - Tyco Intl Ltd New	Add 141.41%	3,226,700	6.40
☰	AES - The AES Corp.	Add 115.53%	2,432,200	1.34
☰	396996Q - Officemax Inc	Add 97.55%	852,000	0.29
☰	RCL - Royal Caribbean Cruises Ltd.	Add 60.82%	457,000	0.63
☰	HPC - Hercules Inc	Add 56.21%	1,687,500	1.38
☰	MET - MetLife, Inc.	Add 52.05%	288,579	0.50
☰	PRU - Prudential Financial, Inc.	Add 47.92%	239,600	0.46
☰	FCX.A - Freeport Mcmoran Copper & Go	Add 28.52%	166,700	0.18
☰	WMANQ - Wellman Inc	Add 25.48%	150,000	0.15
☰	WMB - The Williams Companies, Inc.	Add 23.81%	614,573	0.72
☰	GMH - General Motors Corp	Add 16.17%	379,200	0.38
☰	AGU - Agrium Inc	Add 15.42%	169,200	0.11
☰	SPLS* - Staples Inc	Add 7.56%	30,000	0.04
☰	EIX - Edison International	Add 2.28%	44,000	0.05
☰	EOR - Echostar Communications New	Add 1.74%	10,000	0.02
☰	NHL - Newhall Land & Farming Co Ca De	Add 0.71%	11,300	0.02
☰	RCI - Rogers Communications Inc.	Add 0.37%	11,200	0.00
☰	MN7 - Manor Care Inc New	Buy	1,965,400	2.81
☰	GMST - Gemstar-Tv Guide Intl Inc	Buy	2,358,400	2.14
☰	AAP - Advance Auto Parts, Inc.	Buy	2,015,100	1.90
☰	81814Q - Chiquita Brands Intl Inc	Buy	1,762,200	1.78
☰	AHG - Apria Healthcare Group Inc	Buy	374,600	1.69
☰	DALRQ - Delta Airlines Inc Del	Buy	608,500	1.22
☰	HC - Hanover Compressor Co	Buy	824,300	0.91
☰	4621824Q - Kinder Morgan Inc Kansas	Buy	300,000	0.89
☰	TEN - Tsakos Energy Navigation Ltd	Buy	373,786	0.87
☰	TZH - Trizec Hahn Corp	Buy	870,600	0.85
☰	ANF - Abercrombie & Fitch Co.	Buy	354,200	0.67
☰	HP - Helmerich & Payne, Inc.	Buy	442,000	0.54
☰	WTM - White Mountains Insurance Group, Ltd.	Buy	24,500	0.52
☰	CALY - Callaway Golf Co.	Buy	361,600	0.43
☰	RBK - Reebok Intl Ltd	Buy	130,000	0.22
☰	RX - Ims Health Inc	Buy	65,000	0.09
☰	6686 - Motorola Inc	Buy	85,000	0.07
☰	POG - Patina Oil & Gas Corp	Buy	6,500	0.01
	Q4 2001
☰	TSN - Tyson Foods, Inc.	Add 935.67%	2,367,238	1.75
☰	BAC - Bank of America Corp.	Add 708.13%	1,133,000	2.28
☰	NYCBN - New York Cmnty Bancorp Inc	Add 233.74%	444,100	0.65
☰	CNA - CNA Financial Corp.	Add 79.62%	459,082	0.86
☰	MHK - Mohawk Industries, Inc.	Add 43.90%	507,000	1.78
☰	BSX - Boston Scientific Corp.	Add 40.75%	347,400	0.27
☰	AES - The AES Corp.	Add 40.35%	605,300	0.63
☰	WMB - The Williams Companies, Inc.	Add 33.51%	647,816	0.86
☰	EIX - Edison International	Add 28.87%	433,100	0.42
☰	OHP - Oxford Health Plans Inc	Add 24.85%	552,800	1.07
☰	RCI - Rogers Communications Inc.	Add 12.78%	339,000	0.18
☰	WMANQ - Wellman Inc	Add 10.51%	56,000	0.06
☰	EOR - Echostar Communications New	Add 9.35%	49,100	0.09
☰	TYI - Tyco Intl Ltd New	Add 5.09%	110,500	0.42
☰	NHL - Newhall Land & Farming Co Cal	Add 1.17%	18,300	0.03
☰	CD - Cendant Corp	Buy	252,435	7.05
☰	2860436Q - Liberty Media Corp New	Buy	3,506,371	3.14
☰	COEB - Continental Airls Inc	Buy	1,586,200	2.66
☰	C - Citigroup Inc.	Buy	81,640	2.64
☰	CVG - Convergys Corp	Buy	796,018	1.90
☰	4134807Q - Globalsantafe Corp	Buy	871,800	1.59
☰	9895616Q - Pogo Producing Co	Buy	918,975	1.55
☰	PDE - Pride Intl Inc Del	Buy	1,546,600	1.50
☰	PRU - Prudential Financial, Inc.	Buy	500,000	1.06
☰	TXT - Textron Inc.	Buy	650,800	0.86
☰	RCL - Royal Caribbean Cruises Ltd.	Buy	751,400	0.78
☰	189978Q - At&t Cda Inc	Buy	392,400	0.76
☰	AGU - Agrium Inc	Buy	1,097,000	0.74
☰	VIA.B - Viacom Inc Cl B	Buy	217,000	0.61
☰	CPNLQ - Calpine	Buy	487,400	0.52
☰	HON - Honeywell International Inc.	Buy	255,736	0.52
☰	FLMIQ - Fleming Cos Inc	Buy	418,700	0.50
☰	SPLS* - Staples	Buy	396,900	0.48
☰	AAMRQ - Amr Corp	Buy	313,500	0.45
☰	2484292Q - Cablevision Sys Corp	Buy	262,900	0.42
☰	JOY - Joy Global Inc	Buy	295,800	0.32
☰	396996Q - Officemax Inc	Buy	873,400	0.25
☰	DTL - Dal-Tile Intl Inc	Buy	130,200	0.19
☰	GDW - Golden West Finl Corp Del	Buy	50,000	0.19
☰	JBHT - J.B. Hunt Transport Services, Inc.	Buy	260,800	0.10
☰	AMB - Fortune Brands Inc	Buy	24,000	0.06
	Q3 2001
☰	LXK - - ----------------------------------------------------------------------------------------------------------------------------------- Lexmark Intl New Cl A	Add 657.34%	241,900	0.96
☰	RCI - Rogers Communications Inc.	Add 430.52%	2,152,600	1.23
☰	WMB - The Williams Companies, Inc.	Add 215.22%	1,320,045	2.61
☰	TKN - - ----------------------------------------------------------------------------------------------------------------------------------- Teekay Shipping Marshall Islnd	Add 183.11%	405,400	1.12
☰	FMC - FMC Corp.	Add 157.45%	1,336,096	1.26
☰	GMH - - ----------------------------------------------------------------------------------------------------------------------------------- General Mtrs Corp Cl H	Add 103.74%	1,297,800	1.53
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 54.95%	770,000	3.11
☰	SPXC* - - ----------------------------------------------------------------------------------------------------------------------------------- Spx Corp	Add 46.66%	63,600	0.47
☰	FCX.A - - ----------------------------------------------------------------------------------------------------------------------------------- Freeport-Morgan Copper & Gold Cl A	Add 32.11%	142,100	0.12
☰	MEE - - ----------------------------------------------------------------------------------------------------------------------------------- Massey Energy Corp	Add 23.82%	358,300	0.47
☰	WMANQ - - ----------------------------------------------------------------------------------------------------------------------------------- Wellman Inc	Add 16.95%	77,200	0.08
☰	OHP - - ----------------------------------------------------------------------------------------------------------------------------------- Oxford Health Plans Inc	Add 10.69%	214,900	0.54
☰	HPC - - ----------------------------------------------------------------------------------------------------------------------------------- Hercules Inc	Add 8.82%	358,900	0.26
☰	NMK - - ----------------------------------------------------------------------------------------------------------------------------------- Niagra Mohawk Hldgs Inc	Add 4.97%	100,000	0.15
☰	SWC - - ----------------------------------------------------------------------------------------------------------------------------------- Stillwater Mng Co	Add 3.65%	23,000	0.04
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc Cl A	Add 0.97%	500	0.00
☰	720796Q - - ----------------------------------------------------------------------------------------------------------------------------------- Baycorp Hldgs Corp	Add 0.81%	22,200	0.02
☰	AWE - - ----------------------------------------------------------------------------------------------------------------------------------- At&t Wireless Svcs Inc	Buy	1,982,500	2.63
☰	AES - The AES Corp.	Buy	1,500,000	1.71
☰	CNA - CNA Financial Corp.	Buy	576,597	1.38
☰	MET - MetLife, Inc.	Buy	561,000	1.32
☰	EOR - - ----------------------------------------------------------------------------------------------------------------------------------- Echostar Communications New Cl A	Buy	525,000	1.08
☰	BSX - Boston Scientific Corp.	Buy	852,600	0.78
☰	AET - - ----------------------------------------------------------------------------------------------------------------------------------- Aetna Inc New	Buy	1,086,000	0.70
☰	8214761Q - - ----------------------------------------------------------------------------------------------------------------------------------- Alcan Inc	Buy	200,000	0.53
☰	BAC - Bank of America Corp.	Buy	160,000	0.41
☰	NYCBN - - ----------------------------------------------------------------------------------------------------------------------------------- New York Cmnty Bancorp Inc	Buy	190,000	0.39
☰	0154604D - - ----------------------------------------------------------------------------------------------------------------------------------- Fbr Asset Invt Corp	Buy	182,500	0.37
☰	2968900Q - - ----------------------------------------------------------------------------------------------------------------------------------- Clear Channel Communications	Buy	56,000	0.20
☰	TOM - - ----------------------------------------------------------------------------------------------------------------------------------- Hilfiger Tommy Corp	Buy	52,700	0.04
	Q2 2001
☰	9775 - Viad Corp	Add 95.38%	214,600	0.33
☰	OHP - Oxford Health Plans Inc	Add 52.45%	691,500	1.14
☰	APWLQ - Apw Ltd	Add 26.98%	719,700	0.42
☰	ETR - Entergy Corp.	Add 25.00%	250,000	0.28
☰	NHL - Newhall Land & Farming Co Cal	Add 18.15%	240,800	0.38
☰	FCX - Freeport-McMoRan Inc.	Add 14.68%	440,000	0.14
☰	KMRTQ - K Mart Corp	Add 7.38%	73,800	0.05
☰	2246800Q - Prime Hospitality Corp	Add 1.20%	28,700	0.02
☰	ADELQ - Adelphia Communications Corp	Add 1.12%	15,000	0.04
☰	PVN - Providian Finl Corp	Buy	1,946,220	6.65
☰	IBC - Ibp Inc	Buy	2,467,200	3.59
☰	46986Q - Canadian Pac Ltd New	Buy	1,065,800	2.38
☰	9489 - At&t Corp	Buy	1,816,400	2.31
☰	MEE - Massey Energy Corp	Buy	1,503,900	1.71
☰	TSN - Tyson Foods, Inc.	Buy	2,915,100	1.55
☰	WHR - Whirlpool Corp.	Buy	429,700	1.55
☰	GMH - General Motors Corp	Buy	1,251,000	1.46
☰	9895616Q - Pogo Producing Co	Buy	1,009,175	1.40
☰	RCL - Royal Caribbean Cruises Ltd.	Buy	1,093,200	1.39
☰	FDO - Family Dlr Stores Inc	Buy	931,100	1.38
☰	CVG - Convergys Corp	Buy	678,182	1.17
☰	MCWEQ - Worldcom Inc Ga New	Buy	1,225,800	1.14
☰	748957Q - Pharmacia Corp	Buy	381,600	1.01
☰	SPXC* - Spx Corp	Buy	136,300	0.98
☰	RX - Ims Health Inc	Buy	529,400	0.87
☰	CCJ - Cameco Corp.	Buy	3,878,400	0.78
☰	FMC - FMC Corp.	Buy	848,608	0.73
☰	845780Q - Albertsons Inc	Buy	396,800	0.69
☰	OMM - Omi Corp New	Buy	1,750,000	0.57
☰	DOFSQ - Diamond Offshore Drilling Inc	Buy	295,000	0.56
☰	WMANQ - Wellman Inc	Buy	455,500	0.47
☰	BJW - Bjs Wholesale Club	Buy	95,000	0.29
☰	VSGIQ - Viasystems Group Inc	Buy	1,603,000	0.28
☰	XLI - State Street Industrial Select Sector SPDR ETF	Buy	170,000	0.28
☰	FCX.A - Freeport-Morgan Class A	Buy	442,500	0.26
☰	PGOGY - Petroleum Geo Svcs A/S	Buy	393,700	0.23
☰	RCI - Rogers Communications Inc.	Buy	500,000	0.22
☰	CTC - Coastcast Corp	Buy	352,200	0.16
☰	747991Q - Marine Drilling Cos Inc	Buy	125,000	0.14
☰	ALL - The Allstate Corp.	Buy	50,000	0.13
☰	KEY - KeyCorp	Buy	40,000	0.06
☰	AMB - Fortune Brands Inc	Buy	20,000	0.04
	Q1 2001
☰	PCG - PG&E Corp.	Add 11842.65%	3,304,100	3.23
☰	FCX - Freeport-McMoRan Inc.	Add 9894.00%	2,968,200	1.52
☰	OHP - - ----------------------------------------------------------------------------------------------------------------------------------- Oxford Health Plans Inc	Add 6525.13%	1,298,500	2.73
☰	LXK - - ----------------------------------------------------------------------------------------------------------------------------------- Lexmark Intl New Cl A	Add 119.05%	20,000	0.07
☰	DME - - ----------------------------------------------------------------------------------------------------------------------------------- Dime Bancorp Inc New	Add 103.65%	59,700	0.15
☰	SWC - - ----------------------------------------------------------------------------------------------------------------------------------- Stillwater Mng Co	Add 84.88%	396,400	0.84
☰	UCOMA - - ----------------------------------------------------------------------------------------------------------------------------------- Unitedglobalcom Cl A	Add 83.51%	187,900	0.19
☰	WMB - The Williams Companies, Inc.	Add 40.96%	194,159	0.49
☰	APWLQ - - ----------------------------------------------------------------------------------------------------------------------------------- Apw Ltd	Add 37.31%	724,800	0.49
☰	ADELQ - - ----------------------------------------------------------------------------------------------------------------------------------- Adelphia Communications Corp Cl A	Add 34.87%	345,700	1.10
☰	EXE.A - - ----------------------------------------------------------------------------------------------------------------------------------- Extendicare Inc Cda Sub Vtg Sh	Add 26.93%	250,000	0.05
☰	8138927Q - - ----------------------------------------------------------------------------------------------------------------------------------- 3com Corp	Add 15.69%	342,900	0.15
☰	599864Q - - ----------------------------------------------------------------------------------------------------------------------------------- Lnr Ppty Corp	Add 14.23%	45,000	0.10
☰	TKN - - ----------------------------------------------------------------------------------------------------------------------------------- Teekay Shipping Marshall Islnd	Add 9.42%	26,200	0.09
☰	NHL - - ----------------------------------------------------------------------------------------------------------------------------------- Newhall Land & Farming Co Cal Depositary Rec	Add 6.75%	83,900	0.17
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc Cl A	Add 6.35%	5,000	0.00
☰	GLC - - ----------------------------------------------------------------------------------------------------------------------------------- Galileo International Inc	Add 1.02%	61,600	0.11
☰	WLTGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Walter Inds Inc	Add 0.04%	1,100	0.00
☰	EIX - Edison International	Buy	3,070,700	3.05
☰	FMCC - - ----------------------------------------------------------------------------------------------------------------------------------- Federal Home Ln Mtg Cp	Buy	526,000	2.68
☰	CNCEQ - - ----------------------------------------------------------------------------------------------------------------------------------- Conseco Inc	Buy	1,838,900	2.33
☰	8214761Q - - ----------------------------------------------------------------------------------------------------------------------------------- Alcan Ltd	Buy	531,100	1.50
☰	ETR - Entergy Corp.	Buy	1,000,000	1.49
☰	XLY - State Street Consumer Discretionary Select Sector SPDR ETF	Buy	1,268,000	1.30
☰	EXC - Exelon Corp.	Buy	672,960	1.24
☰	CD - - ----------------------------------------------------------------------------------------------------------------------------------- Cendant	Buy	33,750	0.86
☰	DRI - Darden Restaurants, Inc.	Buy	704,945	0.78
☰	KMRTQ - - ----------------------------------------------------------------------------------------------------------------------------------- Kmart Corp	Buy	1,000,000	0.74
☰	945852Q - - ----------------------------------------------------------------------------------------------------------------------------------- Sprint Corp Pcs Com Ser 1	Buy	483,000	0.72
☰	PPHYL - - ----------------------------------------------------------------------------------------------------------------------------------- Pharmaceutical Hldrs Tr Depository Rcpt	Buy	75,000	0.56
☰	UISZ - - ----------------------------------------------------------------------------------------------------------------------------------- Unisys Corp	Buy	474,900	0.52
☰	9775 - - ----------------------------------------------------------------------------------------------------------------------------------- Viad Corp	Buy	225,000	0.42
☰	USX - - ----------------------------------------------------------------------------------------------------------------------------------- Usx-Us Stl	Buy	113,400	0.13
☰	INCLF - - ----------------------------------------------------------------------------------------------------------------------------------- Inco Ltd	Buy	100,000	0.12
☰	JPM - JPMorgan Chase & Co.	Buy	20,000	0.07
☰	CVGYQ - - ----------------------------------------------------------------------------------------------------------------------------------- Covanta Energy Corp	Buy	45,300	0.06
☰	BAC - Bank of America Corp.	Buy	20,000	0.04
☰	2484292Q - - ----------------------------------------------------------------------------------------------------------------------------------- Cablevision Sys Corp Cl A Rainb Med	Buy	16,750	0.03
☰	8206908Q - - ----------------------------------------------------------------------------------------------------------------------------------- Compass Bancshares Inc	Buy	20,000	0.03
☰	EPAC - - ----------------------------------------------------------------------------------------------------------------------------------- Actuant Corp Cl A	Buy	52,000	0.02
	Q4 2000
☰	2230451Q - - ----------------------------------------------------------------------------------------------------------------------------------- Argonaut Group Inc	Add 3998.00%	199,900	0.31
☰	2307532Q - - ----------------------------------------------------------------------------------------------------------------------------------- American Pwr Conversion Corp	Add 160.40%	819,000	0.75
☰	HPC - - ----------------------------------------------------------------------------------------------------------------------------------- Hercules Inc	Add 112.79%	2,317,200	3.25
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 45.07%	644,985	2.64
☰	SWC - - ----------------------------------------------------------------------------------------------------------------------------------- Stillwater Mng Co	Add 38.74%	130,400	0.38
☰	MHK - Mohawk Industries, Inc.	Add 37.80%	471,500	0.95
☰	GLC - - ----------------------------------------------------------------------------------------------------------------------------------- Galileo International Inc	Add 33.11%	1,503,400	2.21
☰	FBF - - ----------------------------------------------------------------------------------------------------------------------------------- Fleetboston Finl Corp	Add 9.86%	75,400	0.21
☰	ADELQ - - ----------------------------------------------------------------------------------------------------------------------------------- Adelphia Communications Corp Cl A	Add 5.49%	51,600	0.20
☰	APWLQ - - ----------------------------------------------------------------------------------------------------------------------------------- Apw Ltd	Add 4.17%	77,670	0.19
☰	720796Q - - ----------------------------------------------------------------------------------------------------------------------------------- Baycorp Hldgs Corp	Add 3.56%	94,000	0.05
☰	NHL - - ----------------------------------------------------------------------------------------------------------------------------------- Newhall Land & Farming Co Cal Depositary Rec	Add 2.68%	32,500	0.06
☰	2914808Q - - ----------------------------------------------------------------------------------------------------------------------------------- Station Casinos Inc	Add 2.15%	39,280	0.04
☰	AET - - ----------------------------------------------------------------------------------------------------------------------------------- Aetna Inc New	Buy	4,792,704	3.62
☰	929530Q - - ----------------------------------------------------------------------------------------------------------------------------------- Burlington Res Inc	Buy	319,300	1.19
☰	AAMRQ - - ----------------------------------------------------------------------------------------------------------------------------------- Amr Corp	Buy	303,300	0.88
☰	TKN - - ----------------------------------------------------------------------------------------------------------------------------------- Teekay Shipping Marshall Islnd	Buy	278,200	0.78
☰	599864Q - - ----------------------------------------------------------------------------------------------------------------------------------- Lnr Ppty Corp	Buy	316,300	0.51
☰	NUE - Nucor Corp.	Buy	270,400	0.20
☰	LOW - Lowe's Companies, Inc.	Buy	198,800	0.16
☰	PL - Planet Labs PBC	Buy	60,100	0.14
☰	UB - - ----------------------------------------------------------------------------------------------------------------------------------- Unionbancal Corp	Buy	45,300	0.08
☰	OHP - - ----------------------------------------------------------------------------------------------------------------------------------- Oxford Health Plans Inc	Buy	19,900	0.06
☰	1085751D - - ----------------------------------------------------------------------------------------------------------------------------------- Liberty Corp S C	Buy	16,100	0.05
☰	PCG - PG&E Corp.	Buy	27,900	0.04
☰	MET - MetLife, Inc.	Buy	11,220	0.03
☰	FCX - Freeport-McMoRan Inc.	Buy	30,000	0.01
	Q3 2000
☰	KG - - ----------------------------------------------------------------------------------------------------------------------------------- King Pharmaceuticals Inc	Add 217.77%	6,250	0.23
☰	HPC - - ----------------------------------------------------------------------------------------------------------------------------------- Hercules Inc	Add 170.39%	1,294,600	1.01
☰	LXK - - ----------------------------------------------------------------------------------------------------------------------------------- Lexmark Intl New Cl A	Add 165.95%	170,600	0.35
☰	ADELQ - - ----------------------------------------------------------------------------------------------------------------------------------- Adelphia Communications Corp Cl A	Add 146.51%	558,500	0.85
☰	8138927Q - - ----------------------------------------------------------------------------------------------------------------------------------- 3com Corp	Add 116.70%	2,355,900	2.49
☰	0910150D - - ----------------------------------------------------------------------------------------------------------------------------------- Hilton Hotels Corp	Add 66.53%	579,900	0.37
☰	AFS - - ----------------------------------------------------------------------------------------------------------------------------------- Associates First Cap Corp Cl A	Add 50.35%	477,200	1.00
☰	NAV - - ----------------------------------------------------------------------------------------------------------------------------------- Navistar Intl Corp New	Add 44.36%	197,500	0.33
☰	GTLSQ - - ----------------------------------------------------------------------------------------------------------------------------------- Global Telesystems Inc	Add 41.02%	429,400	0.11
☰	UISZ - - ----------------------------------------------------------------------------------------------------------------------------------- Unisys Corp	Add 37.46%	224,600	0.14
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 36.13%	379,800	1.09
☰	GLC - - ----------------------------------------------------------------------------------------------------------------------------------- Galileo International Inc	Add 33.78%	1,146,400	0.98
☰	CHTRQ - - ----------------------------------------------------------------------------------------------------------------------------------- Charter Communications Inc Del Cl A	Add 33.70%	372,000	0.33
☰	CFC - - ----------------------------------------------------------------------------------------------------------------------------------- Countrywide Cr Inds Inc Del	Add 25.59%	267,900	0.56
☰	9489 - - ----------------------------------------------------------------------------------------------------------------------------------- At&t Corp	Add 18.76%	296,500	0.48
☰	FBF - - ----------------------------------------------------------------------------------------------------------------------------------- Fleetboston Finl Corp	Add 13.34%	90,000	0.19
☰	UCL - - ----------------------------------------------------------------------------------------------------------------------------------- Unocal Corp	Add 11.84%	120,000	0.23
☰	UCOMA - - ----------------------------------------------------------------------------------------------------------------------------------- Unitedglobalcom Cl A	Add 3.00%	37,200	0.06
☰	APWLQ - - ----------------------------------------------------------------------------------------------------------------------------------- Apw Ltd	Buy	1,864,800	5.02
☰	VZ - Verizon Communications Inc.	Buy	1,011,873	2.43
☰	MHK - Mohawk Industries, Inc.	Buy	1,247,200	1.50
☰	2914808Q - - ----------------------------------------------------------------------------------------------------------------------------------- Station Casinos Inc	Buy	1,829,200	1.44
☰	WLTGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Walter Inds Nc	Buy	2,857,063	1.40
☰	540541Q - - ----------------------------------------------------------------------------------------------------------------------------------- Hertz Corp Cl A	Buy	749,100	1.31
☰	UNP - Union Pacific Corp.	Buy	2,028,000	1.09
☰	JBL - Jabil Inc.	Buy	332,900	1.04
☰	8214761Q - - ----------------------------------------------------------------------------------------------------------------------------------- Alcan Aluminum Ltd New	Buy	644,000	1.03
☰	FLEX - Flex Ltd.	Buy	510,895	0.87
☰	CCTYQ - - ----------------------------------------------------------------------------------------------------------------------------------- Circuit City Store Inc Circuit City Grp	Buy	565,000	0.72
☰	ROH - - ----------------------------------------------------------------------------------------------------------------------------------- Rohm & Haas Co	Buy	427,300	0.69
☰	SWC - - ----------------------------------------------------------------------------------------------------------------------------------- Stillwater Mng Co	Buy	336,600	0.50
☰	DD - DuPont de Nemours, Inc.	Buy	55,974	0.23
☰	680884Q - - ----------------------------------------------------------------------------------------------------------------------------------- Compaq Computer Corp	Buy	120,000	0.18
☰	EXE.A - - ----------------------------------------------------------------------------------------------------------------------------------- Extendicare Inc Cda Sub Vtg Sh	Buy	934,100	0.15
☰	COX - - ----------------------------------------------------------------------------------------------------------------------------------- Cox Communications Inc New Cl A	Buy	50,000	0.11
☰	NTIQ - - ----------------------------------------------------------------------------------------------------------------------------------- Netiq Corp	Buy	30,000	0.11
☰	DME - - ----------------------------------------------------------------------------------------------------------------------------------- Dime Bancorp Inc New	Buy	80,000	0.10
☰	KWD - - ----------------------------------------------------------------------------------------------------------------------------------- Kellwood Co	Buy	98,500	0.10
☰	QTRAQ - - ----------------------------------------------------------------------------------------------------------------------------------- Quentra Networks Inc	Buy	300,000	0.08
☰	SCMR - - ----------------------------------------------------------------------------------------------------------------------------------- Sycamore Networks Inc	Buy	10,000	0.06
☰	FLR - Fluor Corp.	Buy	60,000	0.05
☰	SNVT - - ----------------------------------------------------------------------------------------------------------------------------------- Synavant Inc	Buy	131,060	0.05
☰	NFB - - ----------------------------------------------------------------------------------------------------------------------------------- North Fork Bancorpation Ny	Buy	27,700	0.03
☰	2230451Q - - ----------------------------------------------------------------------------------------------------------------------------------- Argonaut Group Inc	Buy	5,000	0.00
	Q2 2000
☰	9489 - - ----------------------------------------------------------------------------------------------------------------------------------- At&t	Add 317.13%	1,201,300	2.11
☰	UCOMA - - ----------------------------------------------------------------------------------------------------------------------------------- Unitedglobalcom Cl A	Add 314.45%	942,100	2.44
☰	FBF - - ----------------------------------------------------------------------------------------------------------------------------------- Fleetboston Finl Corp	Add 309.03%	509,900	0.96
☰	UCL - - ----------------------------------------------------------------------------------------------------------------------------------- Unocal Corp	Add 260.51%	732,300	1.35
☰	8138927Q - - ----------------------------------------------------------------------------------------------------------------------------------- 3com Corp	Add 142.43%	1,186,000	3.79
☰	WMB - The Williams Companies, Inc.	Add 103.30%	1,263,440	2.19
☰	2927462Q - - ----------------------------------------------------------------------------------------------------------------------------------- Axa Finl Inc	Add 88.39%	329,800	0.62
☰	CI - The Cigna Group	Add 71.17%	984,900	1.51
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc Cl A	Add 47.79%	65,000	0.02
☰	AOL - - ----------------------------------------------------------------------------------------------------------------------------------- America On Line Inc Del	Add 33.33%	2,500	0.01
☰	UISZ - - ----------------------------------------------------------------------------------------------------------------------------------- Uniysys Corp	Add 28.62%	133,400	0.11
☰	MN7 - - ----------------------------------------------------------------------------------------------------------------------------------- Manor Care Inc New	Add 23.02%	641,800	0.25
☰	SHX - - ----------------------------------------------------------------------------------------------------------------------------------- Shaw Ind Inc	Add 10.48%	427,100	0.30
☰	MKG - - ----------------------------------------------------------------------------------------------------------------------------------- Mallinckrodt Inc New	Add 8.97%	75,000	0.18
☰	NAV - - ----------------------------------------------------------------------------------------------------------------------------------- Navistar Intl Corp New	Add 8.24%	33,900	0.06
☰	CVC - - ----------------------------------------------------------------------------------------------------------------------------------- Cablevision Sys Corp	Add 5.53%	21,500	0.08
☰	ODP - - ----------------------------------------------------------------------------------------------------------------------------------- Office Depot Inc	Add 5.29%	348,800	0.12
☰	WACGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Warnaco Group Inc Cl A	Add 3.56%	132,900	0.06
☰	3394444Q - - ----------------------------------------------------------------------------------------------------------------------------------- Bce Inc	Buy	2,783,200	3.68
☰	NA - - ----------------------------------------------------------------------------------------------------------------------------------- Nabisco Hldgs Corp	Buy	117,770	3.43
☰	EKDKQ - - ----------------------------------------------------------------------------------------------------------------------------------- Eastman Kodak Co	Buy	997,200	3.29
☰	3605818Q - - ----------------------------------------------------------------------------------------------------------------------------------- Hca-Healthcare Co	Buy	1,235,700	2.08
☰	CFC - - ----------------------------------------------------------------------------------------------------------------------------------- Countrywide Cr Ind Inc Del	Buy	1,046,800	1.76
☰	AFS - - ----------------------------------------------------------------------------------------------------------------------------------- Associates First Cap Corp Cl A	Buy	947,800	1.17
☰	CHTRQ - - ----------------------------------------------------------------------------------------------------------------------------------- Charter Communications Inc Del Cl A	Buy	1,103,900	1.01
☰	ADELQ - - ----------------------------------------------------------------------------------------------------------------------------------- Adelphia Communications Corp	Buy	381,200	0.99
☰	UALAQ - - ----------------------------------------------------------------------------------------------------------------------------------- Ual Corp Com Par $0.01	Buy	229,800	0.74
☰	GTLSQ - - ----------------------------------------------------------------------------------------------------------------------------------- Global Telesystems Inc	Buy	1,046,900	0.70
☰	JCP* - - ----------------------------------------------------------------------------------------------------------------------------------- Penny J C Inc	Buy	671,500	0.69
☰	HPC - - ----------------------------------------------------------------------------------------------------------------------------------- Hercules Inc	Buy	759,800	0.59
☰	FJ - - ----------------------------------------------------------------------------------------------------------------------------------- Fort James Corp	Buy	410,000	0.53
☰	0910150D - - ----------------------------------------------------------------------------------------------------------------------------------- Hilton Holtels Corp	Buy	871,600	0.45
☰	CRWN - - ----------------------------------------------------------------------------------------------------------------------------------- Crown Media Hldgs Inc Cl A	Buy	498,000	0.42
☰	LXK - - ----------------------------------------------------------------------------------------------------------------------------------- Lexmark Intl Group Inc Cl A	Buy	102,800	0.38
☰	MET - MetLife, Inc.	Buy	352,981	0.37
☰	3075558Q - - ----------------------------------------------------------------------------------------------------------------------------------- Summit Bancorp	Buy	244,200	0.33
☰	571300Q - - ----------------------------------------------------------------------------------------------------------------------------------- Gte Corp	Buy	75,000	0.26
☰	688153Q - - ----------------------------------------------------------------------------------------------------------------------------------- Equant N V Ny Reg	Buy	87,000	0.21
☰	KG - - ----------------------------------------------------------------------------------------------------------------------------------- King Pharmaceuticals Inc	Buy	2,870	0.14
☰	PXD - - ----------------------------------------------------------------------------------------------------------------------------------- Pioneer Nat Res Co	Buy	182,000	0.13
☰	1030770Q - - ----------------------------------------------------------------------------------------------------------------------------------- Golden St Bancorp Inc	Buy	65,000	0.06
☰	BMY - Bristol-Myers Squibb Co.	Buy	10,507	0.03
☰	64489Q - - ----------------------------------------------------------------------------------------------------------------------------------- Dean Foods Co	Buy	10,000	0.02
☰	CFR - Cullen/Frost Bankers, Inc.	Buy	15,000	0.02
☰	CPB - The Campbell's Co.	Buy	10,000	0.02
☰	CSX - CSX Corp.	Buy	180,000	0.01
	Q1 2000
☰	MN7 - - ----------------------------------------------------------------------------------------------------------------------------------- Manor Care Inc New	Add 1513.25%	2,614,900	2.18
☰	SHX - - ----------------------------------------------------------------------------------------------------------------------------------- Shaw Inds Inc	Add 279.98%	3,001,700	2.81
☰	TJX - The TJX Companies, Inc.	Add 102.48%	7,872,800	1.35
☰	EOR - - ----------------------------------------------------------------------------------------------------------------------------------- Echostar Communications New Cl A	Add 86.04%	236,600	1.15
☰	R - Ryder System, Inc.	Add 84.80%	2,698,200	3.78
☰	WACGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Warnaco Group Inc Cl A	Add 64.33%	1,460,300	1.06
☰	GLC - - ----------------------------------------------------------------------------------------------------------------------------------- Galileo International Inc	Add 62.68%	1,554,400	2.31
☰	MKG - - ----------------------------------------------------------------------------------------------------------------------------------- Mallinckrodt Inc New	Add 22.91%	155,800	0.28
☰	ODP - - ----------------------------------------------------------------------------------------------------------------------------------- Office Depot Inc	Add 16.39%	929,000	0.63
☰	1421Q - - ----------------------------------------------------------------------------------------------------------------------------------- SAnta Fe Snyder Corp	Add 14.58%	245,000	0.15
☰	EOG - EOG Resources, Inc.	Add 13.12%	755,600	0.25
☰	68335Q - - ----------------------------------------------------------------------------------------------------------------------------------- Columbia Energy Group	Buy	861,900	3.15
☰	THC - Tenet Healthcare Corp.	Buy	810,413	3.07
☰	8138927Q - - ----------------------------------------------------------------------------------------------------------------------------------- 3com Corp	Buy	832,700	2.86
☰	2323070Q - - ----------------------------------------------------------------------------------------------------------------------------------- General Mtrs Corp	Buy	530,200	2.71
☰	2307532Q - - ----------------------------------------------------------------------------------------------------------------------------------- American Pwr Conversion Corp	Buy	986,200	2.61
☰	WMB - The Williams Companies, Inc.	Buy	1,223,085	2.48
☰	CI - The Cigna Group	Buy	1,383,900	2.15
☰	NMK - - ----------------------------------------------------------------------------------------------------------------------------------- Niagra Mohawk Hldgs Inc	Buy	2,077,100	1.73
☰	AAGBP - NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- ---------------- ALCOA INC	Buy	360,400	1.56
☰	UCOMA - - ----------------------------------------------------------------------------------------------------------------------------------- Unitedglobalcom Cl A	Buy	299,600	1.39
☰	9486 - - ----------------------------------------------------------------------------------------------------------------------------------- Bell Atlantic Corp	Buy	350,100	1.32
☰	9489 - - ----------------------------------------------------------------------------------------------------------------------------------- At&t Corp	Buy	378,800	1.31
☰	WFC - Wells Fargo & Co.	Buy	964,800	1.22
☰	MEI - - ----------------------------------------------------------------------------------------------------------------------------------- Methode Electrs Inc Cl A	Buy	924,906	1.08
☰	ABT - Abbott Laboratories	Buy	1,088,882	1.06
☰	2927462Q - - ----------------------------------------------------------------------------------------------------------------------------------- Axa Finl Inc	Buy	373,100	0.83
☰	151915Q - - ----------------------------------------------------------------------------------------------------------------------------------- Tosco Corp	Buy	421,900	0.79
☰	236619Q - - ----------------------------------------------------------------------------------------------------------------------------------- R&b Falcon Corp	Buy	636,300	0.77
☰	UISZ - - ----------------------------------------------------------------------------------------------------------------------------------- Uniysys Corp	Buy	466,100	0.73
☰	XRAY - DENTSPLY SIRONA Inc.	Buy	1,221,000	0.71
☰	675482Q - - ----------------------------------------------------------------------------------------------------------------------------------- Reynolds Metal Co	Buy	149,800	0.62
☰	UCL - - ----------------------------------------------------------------------------------------------------------------------------------- Unocal Corp	Buy	281,100	0.52
☰	570010Q - - ----------------------------------------------------------------------------------------------------------------------------------- Workflow Mgmt Inc	Buy	246,600	0.41
☰	SBC - - ----------------------------------------------------------------------------------------------------------------------------------- Sbc Communications Inc	Buy	155,400	0.40
☰	FBF - - ----------------------------------------------------------------------------------------------------------------------------------- Fleetboston Finl Corp	Buy	165,000	0.37
☰	CD - - ----------------------------------------------------------------------------------------------------------------------------------- Cendant Corp	Buy	3,240	0.08
☰	PNC - The PNC Financial Services Group, Inc.	Buy	30,000	0.08
☰	BAC - Bank of America Corp.	Buy	40,000	0.06
☰	REXI - - ----------------------------------------------------------------------------------------------------------------------------------- Resource America Inc Cl A	Buy	136,000	0.06
☰	AOL - - ----------------------------------------------------------------------------------------------------------------------------------- America On Line Inc Del	Buy	7,500	0.03
☰	FIN - - ----------------------------------------------------------------------------------------------------------------------------------- Finova Capital Group Inc	Buy	30,000	0.03
☰	6686 - - ----------------------------------------------------------------------------------------------------------------------------------- Motorola Inc	Buy	2,500	0.02
☰	838969Q - - ----------------------------------------------------------------------------------------------------------------------------------- Fidelity Natl Finl Inc	Buy	18,000	0.02
☰	TANU - - ----------------------------------------------------------------------------------------------------------------------------------- Tandy Corp	Buy	5,000	0.02
☰	PHD - - ----------------------------------------------------------------------------------------------------------------------------------- Phelps Dodge Corp	Buy	5,000	0.01
	Q4 1999
☰	CMA - - ----------------------------------------------------------------------------------------------------------------------------------- Comerica Inc	Add 275.00%	110,000	0.46
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 81.79%	721,169	2.50
☰	LOJN - - ----------------------------------------------------------------------------------------------------------------------------------- Lo-Jack Corp	Add 51.07%	541,500	0.33
☰	ODP - - ----------------------------------------------------------------------------------------------------------------------------------- Office Depot Inc	Add 44.62%	1,748,700	1.70
☰	AGRPB - - ----------------------------------------------------------------------------------------------------------------------------------- Associated Group Inc Cl B	Add 28.18%	67,300	0.55
☰	GLC - - ----------------------------------------------------------------------------------------------------------------------------------- Galileo International Inc	Add 17.27%	365,200	0.97
☰	AGRPA - - ----------------------------------------------------------------------------------------------------------------------------------- Associated Group Inc Cl A	Add 12.70%	61,500	0.50
☰	2246800Q - - ----------------------------------------------------------------------------------------------------------------------------------- Prime Hospitality Corp	Add 5.30%	181,800	0.14
☰	WLTGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Walter Inds Inc	Add 1.27%	36,600	0.04
☰	Z.U - - ----------------------------------------------------------------------------------------------------------------------------------- Venator Group Inc	Add 0.70%	5,500	0.00
☰	R - Ryder System, Inc.	Buy	3,181,800	6.92
☰	89236Q - - ----------------------------------------------------------------------------------------------------------------------------------- Cit Group Inc	Buy	1,953,870	3.67
☰	NAV - - ----------------------------------------------------------------------------------------------------------------------------------- Navistar Intl Corp New	Buy	631,000	2.66
☰	CVC - - ----------------------------------------------------------------------------------------------------------------------------------- Cablevision Sys Corp Cl A	Buy	391,900	2.63
☰	EOR - - ----------------------------------------------------------------------------------------------------------------------------------- Echostar Communications New Cl A	Buy	275,000	2.39
☰	178171Q - - ----------------------------------------------------------------------------------------------------------------------------------- Crown Cork & Seal Inc	Buy	822,200	1.64
☰	SHX - - ----------------------------------------------------------------------------------------------------------------------------------- Shaw Inds Inc	Buy	1,072,100	1.47
☰	BCR - - ----------------------------------------------------------------------------------------------------------------------------------- Bard C R Inc	Buy	260,000	1.23
☰	OWENQ - - ----------------------------------------------------------------------------------------------------------------------------------- Owens Corning	Buy	682,400	1.17
☰	MAS - Masco Corp.	Buy	491,616	0.98
☰	L - Loews Corp.	Buy	562,800	0.51
☰	QCOM - QUALCOMM Inc.	Buy	56,000	0.44
☰	2953349Q - - ----------------------------------------------------------------------------------------------------------------------------------- Union Pac Group Inc	Buy	362,200	0.41
☰	942898Q - - ----------------------------------------------------------------------------------------------------------------------------------- Beverly Enterprises Inc Com	Buy	717,000	0.28
☰	MN7 - - ----------------------------------------------------------------------------------------------------------------------------------- Manor Care Inc New	Buy	172,800	0.25
☰	MU - Micron Technology, Inc.	Buy	68,000	0.24
☰	QLGC - - ----------------------------------------------------------------------------------------------------------------------------------- Qlogic Corp	Buy	17,100	0.24
☰	NOK - Nokia Oyj	Buy	48,000	0.20
☰	166783Q - - ----------------------------------------------------------------------------------------------------------------------------------- Voicestream Wireless Corp	Buy	10,400	0.13
☰	599864Q - - ----------------------------------------------------------------------------------------------------------------------------------- Lnr Ppty Corp	Buy	66,700	0.12
☰	BRCM - - ----------------------------------------------------------------------------------------------------------------------------------- Broadcom Corp Cl A	Buy	5,000	0.12
☰	AKAM - Akamai Technologies, Inc.	Buy	2,500	0.07
☰	ICII - - ----------------------------------------------------------------------------------------------------------------------------------- Imperial Inds Inc	Buy	90,000	0.05
☰	SWBIQ - - ----------------------------------------------------------------------------------------------------------------------------------- Stone And Webster	Buy	27,700	0.04
	Q3 1999
☰	1396 - - ----------------------------------------------------------------------------------------------------------------------------------- Georgia Pac Corp	Add 239.36%	483,500	1.25
☰	FJ - - ----------------------------------------------------------------------------------------------------------------------------------- Fort James Corp	Add 65.16%	281,100	0.48
☰	RSG - Republic Services, Inc.	Add 61.31%	2,667,600	1.23
☰	NA - - ----------------------------------------------------------------------------------------------------------------------------------- Nabisco Hldgs Corp Cl A	Add 55.91%	8,320	0.18
☰	PBG - - ----------------------------------------------------------------------------------------------------------------------------------- Pepsi Bottling Group Inc	Add 48.02%	847,500	1.14
☰	333985Q - - ----------------------------------------------------------------------------------------------------------------------------------- Premier Natl Bancorp Inc	Add 42.86%	7,500	0.01
☰	2246800Q - - ----------------------------------------------------------------------------------------------------------------------------------- Prime Hospitality Corp	Add 29.20%	774,900	0.40
☰	QHGI - - ----------------------------------------------------------------------------------------------------------------------------------- Quorum Health Group Inc	Add 26.61%	259,000	0.12
☰	ESREF - - ----------------------------------------------------------------------------------------------------------------------------------- Esg Re Ltd	Add 25.06%	100,000	0.06
☰	WACGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Warnaco Group Inc Cl A	Add 21.11%	512,000	0.60
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl Ltd New	Add 6.33%	52,516	0.35
☰	WLTGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Walter Inds Inc	Add 2.06%	58,300	0.05
☰	AZA - NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- ---------------- ALZA CORP DEL	Buy	1,950,000	5.32
☰	EKDKQ - - ----------------------------------------------------------------------------------------------------------------------------------- Eastman Kodak Co	Buy	973,000	4.68
☰	UMGI - - ----------------------------------------------------------------------------------------------------------------------------------- Mediaone Group Inc	Buy	864,500	3.76
☰	KMB - Kimberly-Clark Corp.	Buy	1,072,100	3.44
☰	51113Q - - ----------------------------------------------------------------------------------------------------------------------------------- Amfm Inc	Buy	844,600	3.28
☰	EOG - EOG Resources, Inc.	Buy	8,214,400	2.78
☰	ODP - - ----------------------------------------------------------------------------------------------------------------------------------- Office Depot Inc	Buy	3,919,200	2.55
☰	75014Q - - ----------------------------------------------------------------------------------------------------------------------------------- Newcourt Group Inc	Buy	2,658,300	2.21
☰	AGRPA - - ----------------------------------------------------------------------------------------------------------------------------------- Associated Group Inc Cl A	Buy	484,300	1.87
☰	CI - The Cigna Group	Buy	978,900	1.62
☰	HMA - - ----------------------------------------------------------------------------------------------------------------------------------- Health Mgmt Assoc Inc New	Buy	3,302,900	1.55
☰	CDSOQ - - ----------------------------------------------------------------------------------------------------------------------------------- Comdisco Inc	Buy	1,232,000	1.52
☰	554254Q - - ----------------------------------------------------------------------------------------------------------------------------------- Promus Hotel Corp New	Buy	717,300	1.49
☰	GBLXQ - - ----------------------------------------------------------------------------------------------------------------------------------- Global Crossing Ltd	Buy	785,185	1.33
☰	1421Q - - ----------------------------------------------------------------------------------------------------------------------------------- SAnta Fe Snyder Corp	Buy	2,205,600	1.27
☰	675482Q - - ----------------------------------------------------------------------------------------------------------------------------------- Reynolds Metals Co	Buy	300,200	1.16
☰	2784Q - - ----------------------------------------------------------------------------------------------------------------------------------- Premark Intl Inc	Buy	322,900	1.04
☰	THC - Tenet Healthcare Corp.	Buy	322,350	0.96
☰	AGRPB - - ----------------------------------------------------------------------------------------------------------------------------------- Associated Group Inc	Buy	238,800	0.92
☰	291784Q - - ----------------------------------------------------------------------------------------------------------------------------------- Seagram Ltd	Buy	300,800	0.87
☰	JOINA - - ----------------------------------------------------------------------------------------------------------------------------------- Jones Intercable Inc Cl A	Buy	209,700	0.72
☰	3161655Q - - ----------------------------------------------------------------------------------------------------------------------------------- Mandalay Resort Group Mandalay	Buy	472,200	0.64
☰	1802Q - - ----------------------------------------------------------------------------------------------------------------------------------- Beverly Enterprises Inc Com	Buy	2,133,600	0.58
☰	URI - United Rentals, Inc.	Buy	352,400	0.49
☰	2309719Q - - ----------------------------------------------------------------------------------------------------------------------------------- Security Cap Group Inc Cl B	Buy	371,100	0.35
☰	HDD - - ----------------------------------------------------------------------------------------------------------------------------------- Quantum Hdd Com Hddg	Buy	700,000	0.33
☰	PIXR - - ----------------------------------------------------------------------------------------------------------------------------------- Pixar	Buy	102,500	0.25
☰	CMA - - ----------------------------------------------------------------------------------------------------------------------------------- Comerica Inc	Buy	40,000	0.13
☰	PBSF - - ----------------------------------------------------------------------------------------------------------------------------------- Pacific Bk Natl Assn SAn Franc Com	Buy	50,000	0.08
☰	COF - Capital One Financial Corp.	Buy	20,000	0.05
☰	DME - - ----------------------------------------------------------------------------------------------------------------------------------- Dime Bancorp Inc New	Buy	33,600	0.04
☰	ANNRF - - ----------------------------------------------------------------------------------------------------------------------------------- Annuity And Life Re Hldgs	Buy	19,300	0.03
☰	NCC - - ----------------------------------------------------------------------------------------------------------------------------------- National City Corp	Buy	20,000	0.03
	Q2 1999
☰	WACGQ - - ----------------------------------------------------------------------------------------------------------------------------------- Warnaco Group Inc Cl A	Add 277.43%	1,782,500	1.09
☰	TOY - - ----------------------------------------------------------------------------------------------------------------------------------- Toys R Us Inc	Add 248.75%	1,403,700	0.66
☰	TYI - - ----------------------------------------------------------------------------------------------------------------------------------- Tyco Intl New	Add 196.16%	549,257	1.19
☰	RSG - Republic Services, Inc.	Add 134.84%	2,498,250	0.94
☰	LXK - - ----------------------------------------------------------------------------------------------------------------------------------- Lexmark Intl Group	Add 58.47%	443,751	17.11
☰	GUCG - - ----------------------------------------------------------------------------------------------------------------------------------- Gucci Group N V	Add 50.42%	303,000	0.48
☰	GLC - - ----------------------------------------------------------------------------------------------------------------------------------- Galileo Int'l	Add 35.98%	628,000	0.77
☰	FHCC - - ----------------------------------------------------------------------------------------------------------------------------------- First Health Group	Add 22.81%	152,500	0.08
☰	601238Q - - ----------------------------------------------------------------------------------------------------------------------------------- Western Bancorp	Add 17.27%	40,106	3.25
☰	AW - - ----------------------------------------------------------------------------------------------------------------------------------- Allied Waste	Add 13.77%	212,000	0.10
☰	CCTYQ - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Circuit City	Add 7.21%	44,800	0.10
☰	720796Q - - ----------------------------------------------------------------------------------------------------------------------------------- Baycorp Holdings	Add 5.07%	137,500	0.02
☰	Z.U - - ----------------------------------------------------------------------------------------------------------------------------------- Venator Group Inc	Add 2.02%	52,700	0.01
☰	QHGI - - ----------------------------------------------------------------------------------------------------------------------------------- Quorum Health Group Inc	Add 0.10%	1,000	0.00
☰	AN - AutoNation, Inc.	Buy	2,935,600	1.19
☰	PBG - - ----------------------------------------------------------------------------------------------------------------------------------- Pepsi Bottling Grp	Buy	1,765,000	0.93
☰	9486 - - ----------------------------------------------------------------------------------------------------------------------------------- Bell Atlantic	Buy	563,600	0.84
☰	75870Q - - ----------------------------------------------------------------------------------------------------------------------------------- Quantum Corp	Buy	1,462,000	0.81
☰	RYC - - ----------------------------------------------------------------------------------------------------------------------------------- Raychem Corp	Buy	879,400	0.74
☰	2246800Q - - ----------------------------------------------------------------------------------------------------------------------------------- Prime Hospitality Corp	Buy	2,653,600	0.73
☰	CSCO - Cisco Systems, Inc.	Buy	574,000	0.42
☰	FJ - - ----------------------------------------------------------------------------------------------------------------------------------- Fort James	Buy	431,400	0.37
☰	LZ - LegalZoom.com, Inc.	Buy	600,000	0.37
☰	NNS - - ----------------------------------------------------------------------------------------------------------------------------------- Newport News	Buy	437,000	0.29
☰	1396 - - ----------------------------------------------------------------------------------------------------------------------------------- Georgia Pac Corp	Buy	202,000	0.22
☰	152853Q - - ----------------------------------------------------------------------------------------------------------------------------------- Norrell Corp	Buy	345,400	0.15
☰	NA - - ----------------------------------------------------------------------------------------------------------------------------------- Nabisco Holdings	Buy	14,880	0.15
☰	ESREF - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Esg Re Ltd	Buy	399,000	0.14
☰	AXE - - ----------------------------------------------------------------------------------------------------------------------------------- Anixter International Inc	Buy	205,800	0.09
☰	VYX - NCR Voyix Corp.	Buy	163,000	0.06
☰	3621240Q - - ----------------------------------------------------------------------------------------------------------------------------------- Bank One Corp	Buy	30,000	0.04
☰	1030770Q - - ----------------------------------------------------------------------------------------------------------------------------------- Golden State Bancorp	Buy	50,000	0.03
☰	BK - - ----------------------------------------------------------------------------------------------------------------------------------- Bank Of New York Inc Com	Buy	21,000	0.02
☰	333985Q - - ----------------------------------------------------------------------------------------------------------------------------------- Premier National Bancorp	Buy	17,500	0.01
☰	FCF - First Commonwealth Financial Corp.	Buy	50,400	0.01
☰	SBIB - - ----------------------------------------------------------------------------------------------------------------------------------- Sterling Bancshares Inc/Tx	Buy	40,000	0.01