equitiesworldwide 060313 0828 - raymond james ltd. · 2013. 6. 12. · raymond james research...

Global Research Published by Raymond James & Associates

© 2013 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. All rights reserved.

International Headquarters: The Raymond James Financial Center | 880 Carillon Parkway | St. Petersburg, Florida 33716 | 800-248-8863

June 2013

2 Raymond James Research Register - June 2013

Contents Consumer Healthcare Real Estate

USA .......................... 20

CAN .......................... 24

EUR .......................... 24

LAT ........................... 26

USA .......................... 51

USA .......................... 64

CAN .......................... 67

EUR .......................... 68

LAT ........................... 69

Energy Industrial Technology & Communications

USA .......................... 28

CAN .......................... 34

EUR .......................... 37

LAT ........................... 38

USA .......................... 55

CAN ......................... 56

EUR .......................... 58

USA .......................... 71

CAN .......................... 79

EUR .......................... 80

LAT ........................... 81

Financial Services Mining & Natural Resources Transportation

USA .......................... 39

EUR .......................... 47

LAT ........................... 48

USA .......................... 59

CAN ......................... 60

EUR .......................... 63

LAT .......................... 63

USA .......................... 82

CAN .......................... 84

EUR .......................... 85

Analyst Index ................................................................................3

Upcoming Events ..........................................................................4

Research Coverage Changes ........................................................4

About This Publication ..................................................................5

Company Index .............................................................................7

Companies Under Coverage ...................................................... 20

Research Analysts and Sales & Trading Directories

USA .......................... 86

Canada ..................... 89

Europe ..................... 90

Latin America ........... 91

Raymond James Research Register - June 2013 3

Analyst Index

J. Marshall Adkins (JMA) ............................... 28

Brian G. Alexander, CFA (BGA) ...................... 71

Robert P. Anastasi, CFA (RPA) ....................... 71

Ken Avalos (KA) ............................................. 67

Michael J. Baker (MJB) .................................. 51

Frederic Bastien, CFA (FB) ................... 24,56,67

Jayson Bedford (JB) ....................................... 51

Stephane Beyazian (SB) ................................ 80

Justin Bouchard, P.Eng., CFA (JB) .................. 34

Andrew Bradford, CFA (AB) .......................... 34

Patrick Tyler Brown, CFA (TB) ....................... 82

Benjamin Brownlow (BBL) ....................... 20,28

Budd Bugatch, CFA (BB) ........................... 20,55

Daniel E. Cardenas (DC) ................................ 39

Ben Cherniavsky (BC) ............................... 56,84

Andrew Coleman (AC) ................................... 28

William A. Crow (WAC) ................................. 64

Sam Darkatsh (SD) ................................... 20,55

Hermine de Bentzmann (HB) ........................ 24

Robert Dodd, Ph.D. (RD) ............................... 39

Alexander Y. Draper, CFA (AYD) .................... 51

Bryan C. Elliott, CFA (BCE) ............................. 20

William H. Fisher, CFA (WHF) ........................ 55

John Freeman, CFA (JF) ................................. 28

Cory J. Garcia (CJG) ....................................... 28

Collin Gerry (CG) ........................................... 28

Brian Gesuale (BG) ........................................ 71

Steve Hansen, CMA, CFA (SH) ........ 34,56,60,84

Arthur W. Hatfield, CFA (AH) ........................ 82

Nick Heffernan (NH) ...................................... 34

Bertrand Hodée (BH)..................................... 37

Buck Horne, CFA (BH) .................................... 64

Darren Horowitz (DH) ................................... 28

Joseph D. Hovorka (JDH) ............................... 20

Brad Humphrey (BH) ..................................... 60

Danny Jacques (DJ) ........................................ 47

Nicholas Jansen (NJ) ...................................... 51

Wayne Johnson (WJ) ..................................... 71

Aaron Kessler, CFA (AK) ................................. 71

Lawrence Keusch (LK) ................................... 51

Cedric Lecasble (CL) ...................................... 24

Simon Leopold (SL) ........................................ 71

Steven Li, CFA (SL) .................................... 34,79

David J. Long, CFA (DJL) ................................. 39

Frank G. Louthan IV (FGL) ............................. 71

Adam Low, CFA (AL) ...................................... 60

Luc Mageau, CFA (LM) .................................. 34

Tavis C. McCourt, CFA (TMC).................... 71,79

RJ Milligan (RM) ............................................ 64

Collin Mings, CFA (CM) .................................. 64

Pavel Molchanov (PM) .................................. 28

Hans Mosesmann (HM) ................................ 71

Patrick O'Shaughnessy, CFA (PO) .................. 39

Arnaud Palliez (AP) ................................... 58,63

James D. Parker, Ph.D. (JDP) ......................... 82

Francisco Pereyra (FP) ......................... 26,28,48

C. Gregory Peters (CGP) ................................ 39

Theoni Pilarinos, CFA (TP) ................... 34,56,84

Anthony Polini (AP) .......................................39

Ric Prentiss (RP)............................................. 71

Paul D. Puryear (PDP) .................................... 64

Chris Quilty (CQ) ............................................ 71

John W. Ransom (JWR) .................................. 51

Emmanuel Retif (ER) ..................................... 37

Federico Rey Marino (FRM) .. 26,38,48,63,69,81

Julien Richer (JR) ................................. 24,68,85

James M. Rollyson (JMR) .......................... 28,59

Michael Rose (MR) ........................................ 39

Santiago Ruiz Guinazu (SR) ............. 38,48,63,81

David Sadowski (DSa) .................................... 60

Steven D. Schwartz, CFA (SDS) ...................... 39

J. Steven Smigie (JSS) ..................................... 71

Kevin Smith (KS) ............................................ 28

Daryl Swetlishoff, CFA (DS) ............................ 60

Savanthi Syth, CFA (SS) .................................. 82

Alex Terentiew, MBA, P.Geo (AT) .................. 60

Chris Thompson, M.Sc. (Eng), P.Geo (CT) ...... 60

Terry Tillman (TT) .......................................... 71

Michael Turits, Ph.D. (MT) ............................. 71

Kenric S. Tyghe, MBA (KT) ............................. 24

William J. Wallace IV (WW) ........................... 39

Santiago Wesenack, CFA (SW) .................. 38,63

Dan Wewer, CFA (DW) .................................. 20

Marc Willaume (MW) .................................... 24

Donald A. Worthington (DAW) ...................... 39

Kristopher Zack, CA, CFA (KZ) ........................ 34


Upcoming Events Bouygues Road Show (EUR) June 18-19, 2013; U.S. CGG Road Show (EUR) July 2, 2013; U.S. U.S. Bank Conference (USA) August 22, 2013; Chicago, IL

European Investors North American Equities Conference (USA) September 10, 2013; London, England Transportation Conference (USA) November 6, 2013; New York, NY Global Airline Conference (USA & CAN) November 7, 2013; New York, NY

Research Coverage Changes

Additions Deletions

USA

Blackhawk Network Holdings, Inc. (HAWK:Q)

Central Pacific Financial Corp. (CPF:N)

Chart Industries, Inc. (GTLS:Q)

Fiesta Restaurant Group, Inc. (FRGI:Q)

KNOT Offshore Partners L.P. (KNOP:N)

The Travelers Companies, Inc. (TRV:N)

CAN

Kelt Exploration Ltd. (KEL:T)

Nevsun Resources Ltd. (NSU:T)

Peyto Exploration and Development (PEY:T)

Tourmaline Oil Corp. (TOU:T)

Trilogy Energy Corp. (TET:T)

USA

Coventry Health Care (CVH:N)

Intermec Inc. (IN:N)

Porter Bancorp, Inc. (PBIB:Q)

Zebra Technologies (ZBRA:Q)

LAT

Braskem SA (BRKM5:BR)

Lupatech SA (LUPA3:BR)

Ultrapetrol (Bahamas) Ltd. (ULTR:Q)

Changes

McGraw-Hill Companies (MHP:N) changed its name and symbol to McGraw Hill Financial Inc. (MHFI:N),

MetroPCS (PCS:N) adjusted for 1:2 reverse stock split and return of capital,

MetroPCS (PCS:N) changed its name and symbol to T-Mobile US Inc. (TMUS:N) following merger with T-Mobile USA Inc.,

Parke Bancorp (PKBK:Q) adjusted for 10% stock dividend,

PetroBakken Energy Ltd. (PBN:T) changed its name and symbol to Lightstream Resources Ltd. (LTS:T),

Temper-Pedic International Inc. (TPX:N) changed its name to Temper Sealy International, Inc.,

Yadkin Valley Financial Corporation (YAVY:Q) adjusted for 1:3 reverse split,

Yadkin Valley Financial Corporation (YAVY:Q) changed its name and symbol to Yadkin Financial Corporation (YDKN:Q)


About This Publication The Equity Research Register is a monthly statistical summary of financial data. It is compiled from infor-mation from each of the contributing entities. Following are some general notes about the information contained in this publication.

Symbol and Exchange = the stock exchange where the largest volume of the equity trades and the company’s ticker on that exchange. Specific exchange abbreviations are defined below.

Currency = U.S. dollars unless otherwise noted. Currencies are defined below.

Closing Price = last price from indicated date on the indicated stock exchange.

Target Price = Raymond James & Associates (USA) and Raymond James Latin America have target prices only for stocks with Strong Buy 1 or Outperform 2 ratings. Raymond James Ltd. (Canada) has target prices for all stock ratings. Raymond James Euro Equities has target prices for stocks with Strong Buy 1, Outperform 2, and Underperform 4 ratings. Projected 12-month price targets may not reflect recent stronger price action in a specific stock.

Current Year P/E based on either 2013 estimated or actual earnings per share.

Earnings = EPS unless otherwise denoted. Currency for earnings is the same as that of the Closing Price unless otherwise denoted. In situations where the currency for the closing price differs from the currency for earnings, a currency adjustment factor has been employed. See Footnotes below.

Analysts = the initials of the lead analyst on the specific stock and the secondary analyst if applicable.

Definitions of Stock and Suitability Ratings can be found in the Disclosures section at the back of this publication.

International investments involve additional risks such as currency fluctuations, differing financial accounting standards, and possible political and economic instability. Any foreign securities discussed in this report are generally not eligible for sale in the U.S. unless they are listed on a U.S. exchange. Investing in securities of issuers organized outside of the U.S., including ADRs, may entail certain risks. The securities of non-U.S. issuers may not be registered with, nor be subject to the reporting requirements of, the U.S. Securities and Exchange Commission. There may be limited information available on such securities. This report is being provided for informational purposes only and does not represent a solicitation for the purchase or sale of a security in any state where such a solicitation would be illegal. Please ask your Financial Advisor for additional details and to determine if a particular security is eligible for solicitation in your state.

Limited Partnerships may generate Unrelated Business Taxable Income (UBTI), which can create a tax liability that must be paid from a retirement account. You should receive a Schedule K-1 from the partnership annually that would include UBTI and other financial information. Please consult with your tax advisor to determine whether you must file and pay tax from your account.


Exchanges AMS ---- Amsterdam Stock Exchange

BA ---- Buenos Aires SE

BIT ---- Italy - Borsa Italiana

BR ---- Sao Paulo SE

EBR ---- Euronext Brussels

ELI ---- Euronext Lisbon

EPA ---- Euronext Paris

ETR ---- Germany - XETRA

HEL ---- Helsinki Stock Exchange

HKG ---- Hong Kong Stock Exchange

ISE ---- Irish Stock Exchange

LSE ---- London Stock Exchange

M --- NYSE MKT

MAD --- Madrid Stock Exchange

MCE --- Madrid Stock Exchange C.A.T.S.

N --- NYSE

PRG --- Prague Stock Exchange

Q --- NASDAQ

SN --- Santiago SE

STO --- Stockholm Stock Exchange

SWF --- Switzerland – Swiss Exchange

T --- TSX

V --- TSX Venture

WBAG --- Austria, Wiener Borse

Currencies AR$ ---- Argentine peso

R$ ---- Brazilian real p ---- British pence

£ ---- British pound

C$ ---- Canadian dollar

Ch$ ---- Chilean peso

CZK --- Czech koruna

€ --- Euro

HK$ --- Hong Kong dollar

SEK --- Swedish krona

CHF --- Swiss franc

US$ or $ --- U.S. dollar

Footnotes

NA ---- Not Available.

NM ---- Not Meaningful.

UR ---- Under Review.

$C ---- EPS is shown in Canadian dollars.

$P ---- EPS is shown in pounds.

ae ---- EPS is Adjusted EBITDA.

af ---- EPS is Adjusted Funds from Operations (AFFO).

cb ---- EPS is EBITDA (mil.).

cf ---- EPS is Cash Flow per share.

cu ---- EPS is Cash Distribution per Unit.

d ---- EPS is shown in $.

ed ---- EPS is Earnings per ADS.

er --- EPS is shown in €.

f --- Fiscal years ending before May are treated as previous year.

fa --- EPS is Adjusted Free Cash Flow/Share.

fc --- EPS is Free Cash Flow/Share.

is --- Reported figures are in accordance with International Financial Reporting Standards (IFRS).

ni --- EPS is Net Investment Income per share.

r --- Figures are based on ADRs/ADSs.

rf --- EPS is Recurring Free Cash Flow per share.

vf --- EPS is Valuation Free Cash Flow/Share.

x --- EPS is Funds From Operations (FFO).

y --- EPS is Distributable Cash Flow per share.

Company Index


1st Constitution Bancorp (FCCY:Q) 40 1st United Bancorp, Inc. (FUBC:Q) 40 Aaron`s Inc. (AAN:N) 22 Abaxis, Inc. (ABAX:Q) 52 Abbott Laboratories (ABT:N) 53 Abertis (ABE.MC:MAD) 58 Abiomed Inc. (ABMD:Q) 53 Acadia Healthcare Co. (ACHC:Q) 51 Accenture plc (ACN:N) 75 Access Midstream Partners L.P. (ACMP:N) 32 Access National Corporation (ANCX:Q) 40 Accor (ACCP.PA:EPA) 68 Accretive Health (AH:N) 52 ACE Limited (ACE:N) 46 ACI Worldwide, Inc. (ACIW:Q) 78 The Active Network, Inc. (ACTV:N) 74 Adecoagro SA (AGRO:N) 63 ADF Group Inc. (DRX:T) 57 Adidas (ADSGn.DE:ETR) 26 ADP (ADP.PA:EPA) 58 ADTRAN, Inc. (ADTN:Q) 72 Advance Auto Parts, Inc. (AAP:N) 21 Advanced Micro Devices (AMD:N) 76 Advantage Oil & Gas Ltd. (AAV:T) 35 The Advisory Board Company (ABCO:Q) 52 Aecon Group (ARE:T) 57 AEGON (AEGN.AS:AMS) 48 AeroVironment Inc. (AVAV:Q) 76 Aetna (AET:N) 51 Aflac, Inc. (AFL:N) 46 Agnico Eagle Mines (AEM:N) 61 Agree Realty Corporation (ADC:N) 65 Ahold (AHLN.AS:AMS) 25 Aimia (AIM:T) 24 Air Canada (AC.B:T) 84 Air France-KLM (AIRF.PA:EPA) 85 Akamai Technologies, Inc. (AKAM:Q) 74 Alacer Gold Corp (ASR:T) 61 Alaris Royalty Corp. (AD:T) 56 Alaska Air Group (ALK:N) 82 Alaska Communications Systems Group Inc. (ALSK:Q) 77 Alcatel-Lucent (ALU:N) 72 Alderon Iron Ore Corp. (ADV:T) 61 Alere, Inc. (ALR:N) 52 Allana Potash Corporation (AAA:T) 60 Allegiant Travel Co. (ALGT:Q) 83 Alliance Data Systems Corp. (ADS:N) 78 Alliance Grain Traders Inc. (AGT:T) 60 Alliance Holdings GP L.P. (AHGP:Q) 59 Alliance Resource Partners L.P. (ARLP:Q) 59 Allianz (ALVG.DE:ETR) 47 Allied Properties REIT (AP.UN:T) 67 Allscripts Healthcare Solutions Inc. (MDRX:Q) 52 Allstate Corporation (ALL:N) 46 Alpha Natural Resources (ANR:N) 59 Altera Corporation (ALTR:Q) 76 Alterra Power Corp. (AXY:T) 34 Amazon.com Inc. (AMZN:Q) 74 Amedisys (AMED:Q) 51 America Movil, S.A.B. de C.V. (AMX:N) 77 American Equity Investment Life Holding Company (AEL:N) 46 American Financial Group, Inc. (AFG:N) 46

American Midstream Partners L.P. (AMID:N) 32 American National Bankshares, Inc (AMNB:Q) 40 American Railcar Industries, Inc. (ARII:Q) 83 American River Bankshares (AMRB:Q) 40 American Safety Insurance Holdings, Ltd. (ASI:N) 46 American Tower (AMT:N) 76 American Woodmark (AMWD:Q) 22 AmeriGas Partners L.P. (APU:N) 32 AmerisourceBergen Corp. (ABC:N) 52 Ameristar Casinos, Inc. (ASCA:Q) 20 Amica Mature Lifestyles Inc. (ACC:T) 67 AmSurg Corporation (AMSG:Q) 51 Amyris, Inc. (AMRS:Q) 28 Anadarko Petroleum Corp. (APC:N) 29 Analog Devices, Inc. (ADI:Q) 71 Angie's List, Inc. (ANGI:Q) 74 AngioDynamics (ANGO:Q) 53 Aon plc (AON:N) 45 Apache Corporation (APA:N) 29 Apartment Investment and Management Company (AIV:N) 66 Apollo Investment Corp. (AINV:Q) 47 Apple Inc. (AAPL:Q) 73 Applied Micro Circuits Corporation (AMCC:Q) 76 April (APRL.PA:EPA) 48 Arc Resources Ltd. (ARX:T) 35 Arch Coal Inc. (ACI:N) 59 Arctic Cat, Inc. (ACAT:Q) 20 Ares Capital Corp. (ARCC:Q) 47 Argo Group International Holdings, Ltd. (AGII:Q) 46 Arkansas Best Corp. (ABFS:Q) 84 ARM Holdings plc (ARMH:Q) 76 Armtec Infrastructure Inc. (ARF:T) 57 ARRIS Group Inc. (ARRS:Q) 72 Arrow Electronics, Inc. (ARW:N) 75 Arthur J. Gallagher & Co. (AJG:N) 45 Artis REIT (AX.UN:T) 67 Aruba Networks (ARUN:Q) 73 Asia Bio-Chem Group Corp. (ABC:T) 60 Associated Banc-Corp (ASBC:Q) 40 Associated Estates Realty Corporation (AEC:N) 66 Assurant, Inc. (AIZ:N) 46 Astoria Financial Corporation (AF:N) 40 AT&T Inc. (T:N) 77 Athabasca Oil Corp. (ATH:T) 36 athenahealth Inc. (ATHN:Q) 52 Atlantic Tele-Network, Inc. (ATNI:Q) 77 Atmel Corporation (ATML:Q) 76 Atrium Innovations Inc. (ATB:T) 24 Atwood Oceanics (ATW:N) 33 Automatic Data Processing (ADP:Q) 51 AutoZone, Inc. (AZO:N) 21 Avigilon Corporation (AVO:T) 79 Avnet, Inc. (AVT:N) 75 Axa (AXAF.PA:EPA) 47 AXIS Capital Holdings Limited (AXS:N) 46 B2Gold Corp. (BTO:T) 61 Baidu, Inc. (BIDU:Q) 74 Baker Hughes, Inc. (BHI:N) 33 BancFirst Corporation (BANF:Q) 40 Banco Bradesco S.A. (BBD:N) 49 Banco Macro S.A. (BMA:N) 49 Banco Santander (Brasil) S.A. (BSBR:N) 49

Company Index


Bancolombia (CIB:N) 49 BancorpSouth, Inc. (BXS:N) 40 Bank of America Corporation (BAC:N) 40 Bank of Commerce Holdings (BOCH:Q) 40 Bank of Marin Bancorp (BMRC:Q) 40 Bank of New York Mellon Corp (BK:N) 40 Bank of the Ozarks Inc. (OZRK:Q) 40 Banner Corporation (BANR:Q) 40 Basic Energy Services, Inc. (BAS:N) 34 Baxter International Inc. (BAX:N) 53 Baytex Energy Corp. (BTE:T) 35 BB&T Corporation (BBT:N) 40 BBCN Bancorp, Inc. (BBCN:Q) 40 BBVA Banco Frances (BFR:N) 49 BCE Inc. (BCE:N) 77 Beacon Roofing Supply, Inc. (BECN:Q) 55 Bear Creek Mining Corp. (BCM:V) 62 Becton, Dickinson and Company (BDX:N) 53 Bed Bath & Beyond (BBBY:Q) 22 Beiersdorf (BEIG.DE:ETR) 25 Belgacom (BCOM.BR:EBR) 80 Benchmark Electronics, Inc. (BHE:N) 73 Berry Petroleum Company (BRY:N) 29 Best Buy Company, Incorporated (BBY:N) 21 BG Group (BG.L:LSE) 37 BGC Partners, Inc. (BGCP:Q) 45 BIC (BB.FP:EPA) 25 Big Lots Inc. (BIG:N) 21 Bill Barrett Corp. (BBG:N) 29 BioExx Specialty Proteins Ltd. (BXI:T) 60 BioMed Realty Trust Inc. (BMR:N) 66 Birchcliff Energy Ltd. (BIR:T) 35 Bird Construction Inc. (BDT:T) 57 Black Diamond Group Limited (BDI:T) 36 BlackBerry (BBRY:Q) 79 Blackhawk Network Holdings, Inc. (HAWK:Q) 78 BlackPearl Resources Inc. (PXX:T) 36 Bloomin' Brands, Inc. (BLMN:Q) 23 BM&F Bovespa SA (BVMF3:BR) 48 BMC Software, Inc. (BMC:Q) 74 BNC Bancorp (BNCN:Q) 40 Boardwalk Pipeline Partners L.P. (BWP:N) 32 Boardwalk REIT (BEI.UN:T) 67 BofI Holding, Inc. (BOFI:Q) 40 BOK Financial Corp. (BOKF:Q) 40 Bombardier Inc. (BBD.B:T) 84 Bonanza Creek Energy, Inc. (BCEI:N) 29 Bonavista Energy Corporation (BNP:T) 35 Booz Allen Hamilton Holding Corp. (BAH:N) 75 Bottomline Technologies (EPAY:Q) 78 Bouygues (BOUY.PA:EPA) 80 BP (BP.L:LSE) 37 BPZ Resources Inc. (BPZ:N) 29 Brandywine Realty Trust (BDN:N) 66 BrasilAgro (AGRO3:BR) 63 BreitBurn Energy Partners L.P. (BBEP:Q) 29 Briggs & Stratton (BGG:N) 22 Brightcove Inc. (BCOV:Q) 72 Brinker International (EAT:N) 23 Broadcom Corporation (BRCM:Q) 71 BroadSoft, Inc. (BSFT:Q) 73 Brookfield Canada Office Properties (BOX.UN:T) 67

Brookfield Infrastructure Partners L.P. (BIP:N) 56 Brookfield Renewable Energy Partners L.P. (BEP.UN:T) 56 Brookline Bancorp, Inc. (BRKL:Q) 40 Brown & Brown, Inc. (BRO:N) 45 Brunswick Corp. (BC:N) 20 BSkyB (BSY.L:LSE) 80 BT (BT.L:LSE) 80 Buffalo Wild Wings, Inc. (BWLD:Q) 23 Burberry (BRBY.L:LSE) 25 C.H. Robinson Worldwide (CHRW:Q) 83 C.R. Bard, Inc. (BCR:N) 53 CA Technologies (CA:Q) 74 Cablevision Systems Corp. (CVC:N) 77 Cabot Oil & Gas Corp. (COG:N) 29 CACI International Inc. (CACI:N) 75 CAE Inc. (CAE:T) 84 CafePress Inc. (PRSS:Q) 74 Cal Dive International Inc. (DVR:N) 33 Calfrac Well Services (CFW:T) 36 Calix, Inc. (CALX:N) 72 Callaway Golf Co. (ELY:N) 21 Calloway REIT (CWT.UN:T) 68 Calumet Specialty Products Partners L.P. (CLMT:Q) 32 Cameco Corp. (CCO:T) 62 Cameron International Corp. (CAM:N) 33 Campus Crest Communities, Inc. (CCG:N) 66 Canadian Apartment Properties REIT (CAR.UN:T) 67 Canadian National Railway (CNR:T) 84 Canadian Natural Resources Ltd (CNQ:T) 36 Canadian Oil Sands Limited (COS:T) 36 Canadian Pacific Railway (CP:T) 84 Canam Group (CAM:T) 57 Candente Copper Corp. (DNT:T) 61 Canfor Corp. (CFP:T) 60 Canfor Pulp Products Inc. (CFX:T) 60 CanWel Building Materials Group Ltd. (CWX:T) 85 Canyon Services Group Inc. (FRC:T) 36 Capital City Bank Group, Inc. (CCBG:Q) 40 Capital Product Partners L.P. (CPLP:Q) 32 Capital Senior Living Corp. (CSU:N) 51 Capstone Mining Corp. (CS:T) 61 Cardinal Financial Corporation (CFNL:Q) 40 Cardinal Health Inc. (CAH:N) 52 CareFusion Corporation (CFN:N) 53 Carmike Cinemas, Inc. (CKEC:Q) 20 Carnival Corp. (CCL:N) 20 Carrefour (CARR.PA:EPA) 25 Carriage Services, Inc. (CSV:N) 52 Carrols Restaurant Group, Inc. (TAST:Q) 23 Casella Waste Systems, Inc. (CWST:Q) 56 Casey's General Stores, Inc. (CASY:Q) 21 Casino (CASP.PA:EPA) 25 Catamaran (CTRX:Q) 51 Caterpillar Inc. (CAT:N) 57 Cathay General Bancorp (CATY:Q) 40 Cavium Inc. (CAVM:Q) 76 Cbeyond, Inc. (CBEY:Q) 77 CBL & Associates Properties, Inc. (CBL:N) 65 CBOE Holdings, Inc. (CBOE:Q) 45 Cedar Realty Trust, Inc. (CDR:N) 66 Celadon Group, Inc. (CGI:N) 84 Celestica, Inc. (CLS:N) 73

Company Index


Cencosud SA (CENCOSUD:SN) 26 Cenovus Energy (CVE:T) 36 Centene (CNC:N) 51 CenterState Banks, Inc. (CSFL:Q) 40 Central Pacific Financial Corp. (CPF:N) 40 Central Valley Community Bancorp (CVCY:Q) 40 Centrica (CNA.L:LSE) 37 CenturyLink (CTL:N) 77 Cepheid (CPHD:Q) 52 Cequence Energy Inc. (CQE:T) 35 Ceres, Inc. (CERE:Q) 28 Cerner Corporation (CERN:Q) 52 Cervus Equipment Corp. (CVL:T) 57 CEZ (CEZsp.PR:PRG) 37 CGG (CGG.PA:EPA) 37 CGI Group (GIB.A:T) 79 Champion Iron Mines Ltd. (CHM:T) 61 Charles River Laboratories (CRL:N) 54 The Charles Schwab Corporation (SCHW:N) 45 Chart Industries, Inc. (GTLS:Q) 34 Charter Communications, Inc. (CHTR:Q) 77 Check Point Software Technologies (CHKP:Q) 74 Cheesecake Factory Inc. (CAKE:Q) 23 Chemical Financial Corporation (CHFC:Q) 40 Chesapeake Energy Corp. (CHK:N) 29 Chesapeake Granite Wash Trust (CHKR:N) 29 Chevron Corp. (CVX:N) 31 Chipotle Mexican Grill, Inc. (CMG:N) 23 Christian Dior (DIOR.PA:EPA) 25 Chubb Corporation (CB:N) 46 The Churchill Corp. (CUQ:T) 57 Chuy's Holdings, Inc. (CHUY:Q) 23 Ciena Corporation (CIEN:Q) 72 CIGNA Corporation (CI:N) 51 Cimarex Energy Co. (XEC:N) 29 Cincinnati Bell Inc. (CBB:N) 77 Cinemark Holdings, Inc. (CNK:N) 20 Cineplex Inc. (CGX:T) 24 Cisco Systems (CSCO:Q) 72 Citigroup, Inc. (C:N) 40 Citrix Systems Inc. (CTXS:Q) 74 City National Corp. (CYN:N) 40 Clayton Williams Energy, Inc. (CWEI:Q) 29 Clean Energy Fuels Corp. (CLNE:Q) 28 Clean Harbors (CLH:N) 56 Clearwire Corp. (CLWR:Q) 77 Cloud Peak Energy (CLD:N) 59 Club Méditerranée (CMIP.PA:EPA) 68 CME Group Inc. (CME:Q) 45 CML Healthcare Inc. (CLC:T) 24 CNP Assurances (CNPP.PA:EPA) 48 Cogent Communications Group Inc. (CCOI:Q) 77 Colruyt (COLR.BR:EBR) 25 Columbia Banking System, Inc. (COLB:Q) 40 Comcast Corp. (CMCSA:Q) 77 Comerica Inc. (CMA:N) 40 Commerce Bancshares, Inc. (CBSH:Q) 40 Commercial Solutions (CSA:T) 57 Community Bank System (CBU:N) 40 Community Health Systems, Inc. (CYH:N) 53 Community Trust Bancorp, Inc. (CTBI:Q) 41 CommVault Systems Inc. (CVLT:Q) 74

Compass Diversified Holdings (CODI:N) 47 Compass Group (CPG.L:LSE) 25 Compressco Partners (GSJK:Q) 33 Computer Programs and Systems, Inc. (CPSI:Q) 52 Computer Sciences Corporation (CSC:N) 75 Comstock Resources (CRK:N) 29 Comtech Telecommunications Corp. (CMTL:Q) 76 Conceptus, Inc. (CPTS:Q) 53 Concho Resources Inc. (CXO:N) 29 Concur Technologies, Inc. (CNQR:Q) 72 Conifex Timber Inc. (CFF:V) 60 Connacher Oil and Gas (CLL:T) 36 ConocoPhillips (COP:N) 29 CONSOL Energy Inc. (CNX:N) 59 Consolidated Communications Holdings (CNSL:Q) 77 Constant Contact, Inc. (CTCT:Q) 72 Continental Resources Inc. (CLR:N) 29 Con-way Inc. (CNW:N) 84 The Cooper Companies, Inc. (COO:N) 53 Copa Holdings, S.A. (CPA:N) 82 Copper Mountain Mining (CUM:T) 61 Core-Mark Holding Company, Inc. (CORE:Q) 21 Corporate Office Properties Trust (OFC:N) 66 Cosan Ltd. (CZZ:N) 63 Cosan S.A. (CSAN3.BZ:BR) 63 Costco Wholesale Corporation (COST:Q) 22 Covance Inc. (CVD:N) 54 Covanta Holding Corp. (CVA:N) 56 Covidien plc (COV:N) 53 Cracker Barrel Old Country Store, Inc. (CBRL:Q) 23 Crawford & Company (CRD.B:N) 45 Credicorp (BAP:N) 49 Cree, Inc. (CREE:Q) 76 CREIT (REF.UN:T) 67 Crescent Financial Bancshares (CRFN:Q) 41 Crescent Point Energy (CPG:T) 35 Cresud SACIFYA (CRESY:Q) 63 Crew Energy Inc. (CR:T) 35 CRH (CRH.I:ISE) 63 Crocotta Energy Inc. (CTA:T) 35 Crombie REIT (CRR.UN:T) 68 Crosstex Energy Inc. (XTXI:Q) 32 Crosstex Energy L.P. (XTEX:Q) 32 Crown Castle International (CCI:N) 76 CSX Corp. (CSX:N) 83 Ctrip.com International, Ltd. (CTRP:Q) 75 CU Bancorp (CUNB:Q) 41 CubeSmart (CUBE:N) 66 Cubic Corporation (CUB:N) 75 Cullen/Frost Bankers, Inc. (CFR:N) 41 Culp, Inc. (CFI:N) 21 CVB Financial Corp. (CVBF:Q) 41 CVS Caremark Corporation (CVS:N) 52 CyrusOne Inc. (CONE:Q) 77 D.R. Horton, Inc. (DHI:N) 64 Darden Restaurants (DRI:N) 23 DaVita HealthCare Partners Inc. (DVA:N) 51 Dawson Geophysical Company (DWSN:Q) 34 DeeThree Exploration Ltd. (DTX:T) 35 Del Frisco’s Restaurant Group, Inc. (DFRG:Q) 23 Delek Logistics Partners L.P. (DKL:N) 32 Delek US Holdings, Inc. (DK:N) 31

Company Index


Delhaize (DELB.BR:EBR) 25 Dell Inc. (DELL:Q) 75 Delta Air Lines, Inc. (DAL:N) 82 Demandware (DWRE:N) 72 Denbury Resources Inc. (DNR:N) 29 Denison Mines Corp. (DML:T) 62 Detour Gold Corp. (DGC:T) 61 Deutsche Telekom (DTE.DE:ETR) 80 Devon Energy Corporation (DVN:N) 29 DexCom Inc. (DXCM:Q) 53 Dia (DIDA.MC:MAD) 25 Diageo (DGE.L:LSE) 24 Diamond Offshore (DO:N) 33 Diamondback Energy, Inc. (FANG:Q) 29 DiamondRock Hospitality Company (DRH:N) 65 Dick`s Sporting Goods Inc. (DKS:N) 21 Digi International Inc. (DGII:Q) 73 Digital Realty Trust, Inc. (DLR:N) 66 DigitalGlobe, Inc. (DGI:N) 76 Dime Community Bancshares (DCOM:Q) 41 DineEquity, Inc. (DIN:N) 23 Diodes Incorporated (DIOD:Q) 71 The Dixie Group (DXYN:Q) 22 Dollar General Corp. (DG:N) 21 Dollar Tree, Inc. (DLTR:Q) 21 Dollarama (DOL:T) 24 Domtar (UFS:N) 60 Douglas Emmett (DEI:N) 66 Dover Motorsports Inc. (DVD:N) 20 DragonWave (DWI:T) 79 Duluth Metals Limited (DM:T) 61 Dunkin’ Brands Group, Inc. (DNKN:Q) 23 DuPont Fabros Technology Inc. (DFT:N) 66 Dycom Industries, Inc. (DY:N) 72 Dynamics Research Corporation (DRCO:Q) 75 E*TRADE FINANCIAL Corporation (ETFC:Q) 45 E.On (EONGn.DE:ETR) 37 Eagle Rock Energy Partners L.P. (EROC:Q) 32 East West Bancorp, Inc. (EWBC:Q) 41 Eastern Platinum Ltd. (ELR:T) 61 EastGroup Properties, Inc. (EGP:N) 66 Easyhome Ltd. (EH:T) 24 eBay Inc. (EBAY:Q) 74 ECA Marcellus Trust I (ECT:N) 29 Echelon Corp. (ELON:Q) 28 Edenor (EDN:N) 38 Edenred (EDEN.PA:EPA) 25 EDF (EDF.PA:EPA) 37 Eiffage (FOUG.PA:EPA) 58 El Paso Pipeline Partners L.P. (EPB:N) 32 Eldorado Gold Corp. (EGO:N) 61 EMC Corporation (EMC:N) 75 Enablence Technologies (ENA:V) 79 EnCana Corporation (ECA:T) 36 Endeavour Mining Corp. (EDV:T) 61 Endeavour Silver Corp. (EDR:T) 62 Enel (ENEI.MI:MCE) 37 Enerflex Ltd. (EFX:T) 36 Energen Corp. (EGN:N) 29 Energy Transfer Equity L.P. (ETE:N) 32 Energy Transfer Partners L.P. (ETP:N) 32 Energy XXI Limited (EXXI:Q) 29

EnerNOC, Inc. (ENOC:Q) 28 Enerplus Corporation (ERF:T) 35 Eni (ENI.MI:BIT) 37 Enphase Energy, Inc. (ENPH:Q) 28 Ensco plc (ESV:N) 33 Ensign Energy Services Inc. (ESI:T) 36 Enterprise Financial Services Corp. (EFSC:Q) 41 Enterprise Products Partners L.P. (EPD:N) 32 ENTREC Corporation (ENT:V) 57 EOG Resources, Inc. (EOG:N) 29 Equifax, Inc. (EFX:N) 78 Equinix (EQIX:Q) 77 Equity One, Inc. (EQY:N) 66 Equity Residential (EQR:N) 66 Essential Energy Services Ltd. (ESN:T) 36 Essex Property Trust, Inc. (ESS:N) 66 Essilor (ESSI.PA:EPA) 25 Ethan Allen Interiors (ETH:N) 21 Euler Hermes (ELER.PA:EPA) 48 EV Energy Partners L.P. (EVEP:Q) 29 EverBank Financial Corp (EVER:N) 41 Evertz Technologies Ltd. (ET:T) 79 ExactTarget, Inc. (ET:N) 72 Excel Trust, Inc. (EXL:N) 66 Exchange Income Corp (EIF:T) 56 Expedia, Inc. (EXPE:Q) 75 Expeditors International of Washington, Inc. (EXPD:Q) 83 Express Scripts (ESRX:Q) 51 Exterran Partners L.P. (EXLP:Q) 33 Extra Space Storage (EXR:N) 66 Exxon Mobil Corp. (XOM:N) 31 F5 Networks, Inc. (FFIV:Q) 72 Facebook, Inc. (FB:Q) 74 Fairchild Semiconductor International (FCS:N) 71 Falabella SA (FALAB:SN) 26 Family Dollar Stores Inc. (FDO:N) 21 Fastenal Company (FAST:Q) 55 FBL Financial Group (FFG:N) 46 Federal Realty Investment Trust (FRT:N) 66 FedEx Corporation (FDX:N) 83 Ferragamo (SFER.MI:BIT) 25 Ferrellgas Partners L.P. (FGP:N) 32 Ferrovial (FER.MC:MAD) 58 Fidelity National Information Services (FIS:N) 78 Fidus Investment Corporation (FDUS:Q) 47 Fiesta Restaurant Group, Inc. (FRGI:Q) 23 Fifth Street Finance Corporation (FSC:Q) 47 Fifth Third Bancorp (FITB:Q) 41 Finisar Corporation (FNSR:Q) 72 Finning International (FTT:T) 57 First Bancorp (FBNC:Q) 41 First Busey Corporation (BUSE:Q) 41 First Business Financial Services, Inc. (FBIZ:Q) 41 First California Financial Group, Inc. (FCAL:Q) 41 First Community Bancshares, Inc. (FCBC:Q) 41 First Community Corporation (FCCO:Q) 41 First Defiance Financial Corp. (FDEF:Q) 41 First Financial Bancorp (FFBC:Q) 41 First Financial Bankshares, Inc. (FFIN:Q) 41 First Financial Corporation (THFF:Q) 41 First Financial Holdings, Inc. (FFCH:Q) 41 First Horizon National Corporation (FHN:N) 41

Company Index


First Industrial Realty Trust, Inc. (FR:N) 66 First Majestic Silver (FR:T) 62 First Merchants Corporation (FRME:Q) 41 First Midwest Bancorp, Inc. (FMBI:Q) 41 First Niagara Financial Group (FNFG:Q) 41 First of Long Island Corporation (FLIC:Q) 41 First PacTrust Bancorp, Inc. (BANC:Q) 41 First Potomac Realty Trust (FPO:N) 66 First Quantum Minerals Ltd. (FM:T) 61 First Security Group, Inc. (FSGI:Q) 41 First Solar, Inc. (FSLR:Q) 28 Firstbank Corporation (FBMI:Q) 41 FirstMerit Corp. (FMER:Q) 41 FirstService Corp. (FSRV:Q) 67 FleetCor Technologies (FLT:N) 78 Flextronics International Ltd. (FLEX:Q) 73 FLIR Systems (FLIR:Q) 76 Flushing Financial Corp. (FFIC:Q) 41 FMC Technologies, Inc. (FTI:N) 33 Forest Oil Corp. (FST:N) 29 Fortinet Inc. (FTNT:Q) 74 Fortress Paper (FTP:T) 60 Fortum (FUM1V.HE:HEL) 37 Fortuna Silver Mines Inc. (FVI:T) 62 Forward Air Corporation (FWRD:Q) 83 France Telecom (FTE.PA:EPA) 80 Fraport (FRAG.DE:ETR) 58 The Fresh Market, Inc. (TFM:Q) 21 Frontier Communications Corp. (FTR:Q) 77 Fulton Financial (FULT:Q) 41 Furniture Brands International (FBN:N) 21 FXCM Inc. (FXCM:N) 45 GAIN Capital Holdings, Inc. (GCAP:N) 45 GasFrac Energy Services Ltd. (GFS:T) 36 GATX Corporation (GMT:N) 83 GDF Suez (GSZ.PA:EPA) 37 General Communication Inc. (GNCMA:Q) 77 Generali (GASI.MI:BIT) 47 Genesee & Wyoming Inc. (GWR:N) 83 Genesis Energy Partners L.P. (GEL:N) 32 Genivar Inc. (GNV:T) 57 GenMark Diagnostics, Inc. (GNMK:Q) 52 Genomic Health (GHDX:Q) 52 Gentiva Health Services (GTIV:Q) 51 Genworth Financial (GNW:N) 46 GeoPark Holdings (GPK.L:LSE) 38 German American Bancorp, Inc. (GABC:Q) 41 Gevo, Inc. (GEVO:Q) 28 GFI Group, Inc. (GFIG:N) 45 Gildan Activewear (GIL:N) 24 Glacier Bancorp, Inc. (GBCI:Q) 41 Glacier Media Inc. (GVC:T) 24 GLG Life Tech Corporation (GLG:T) 60 Glimcher Realty Trust (GRT:N) 65 Global Geophysical Services, Inc. (GGS:N) 34 Global Partners L.P. (GLP:N) 32 Global Payments Inc. (GPN:N) 78 GLV Inc. (GLV.A:T) 57 GOL Linhas Aereas Inteligentes S.A. (GOL:N) 83 Golar LNG Partners L.P. (GMLP:Q) 32 Golden Star Resources (GSS:M) 61 Goodrich Petroleum Corp. (GDP:N) 29

Google Inc. (GOOG:Q) 74 Great Canadian Gaming (GC:T) 24 Green Dot Corporation (GDOT:N) 78 The Greenbrier Companies, Inc. (GBX:N) 83 Greenway Medical Technologies, Inc. (GWAY:N) 52 Groupe Eurotunnel (GETP.PA:EPA) 58 Groupon, Inc. (GRPN:Q) 74 Grupo Clarin S.A. (GCLA:BA) 81 Grupo Financiero Galicia (GGAL:Q) 49 GT Advanced Technologies, Inc. (GTAT:Q) 28 Guidance Software Inc. (GUID:Q) 76 Gulf Island Fabrication, Inc. (GIFI:Q) 33 Guyana Goldfields Inc. (GUY:T) 61 H&M (HMb.ST:STO) 25 H&R REIT (HR.UN:T) 67 Haemonetics Corporation (HAE:N) 53 Halcón Resources Corp. (HK:N) 29 Halliburton (HAL:N) 33 Hallmark Financial Services Inc (HALL:Q) 46 Hancock Holding Company (HBHC:Q) 42 Hannover Re (HNRGn.DE:ETR) 48 Harley-Davidson, Inc. (HOG:N) 20 Harmonic Inc. (HLIT:Q) 72 Harris Corporation (HRS:N) 73 Harsco Corporation (HSC:N) 56 Haverty Furniture Companies Inc. (HVT:N) 22 HCA Holdings, Inc. (HCA:N) 53 HCC Insurance Holdings (HCC:N) 46 Health Care REIT, Inc. (HCN:N) 65 Health Insurance Innovations, Inc. (HIIQ:Q) 46 Health Management Associates (HMA:N) 53 Healthcare Trust of America, Inc. (HTA:N) 65 HealthSouth Corporation (HLS:N) 51 Heartland Express, Inc. (HTLD:Q) 84 Heartland Financial USA, Inc. (HTLF:Q) 42 Heartland Payment Systems (HPY:N) 78 Heartware International, Inc. (HTWR:Q) 53 HEICO Corporation (HEI:N) 73 HeidelbergCement (HEIG.DE:ETR) 63 Helix Energy Solutions Group (HLX:N) 33 Henkel (HNKG_p.DE:ETR) 25 Hercules Offshore Inc. (HERO:Q) 33 Hercules Technology Growth Capital Inc. (HTGC:N) 47 Heritage Commerce Corp (HTBK:Q) 42 Heritage Financial Corporation (HFWA:Q) 42 Heritage Oaks Bancorp (HEOP:Q) 42 Herman Miller (MLHR:Q) 20 Hermes International (HRMS.PA:EPA) 25 Heroux-Devtek Inc. (HRX:T) 84 Hersha Hospitality Trust (HT:N) 65 Heska Corporation (HSKA:Q) 52 Hess Corp. (HES:N) 31 Hewlett-Packard (HPQ:N) 75 Hibbett Sports, Inc. (HIBB:Q) 21 Hi-Crush Partners L.P. (HCLP:N) 34 Higher One Holdings Inc. (ONE:N) 78 Hill-Rom Holdings, Inc. (HRC:N) 53 Hilltop Holdings Inc. (HTH:N) 46 HNI Corporation (HNI:N) 20 Holcim (HOLN.VX:SWF) 63 Holly Energy Partners L.P. (HEP:N) 32 HollyFrontier Corp. (HFC:N) 31

Company Index


Hologic Inc. (HOLX:Q) 53 Home BancShares, Inc. (HOMB:Q) 42 The Home Depot Inc. (HD:N) 22 HomeAway, Inc. (AWAY:Q) 75 HopFed Bancorp, Inc. (HFBC:Q) 42 Horizon Bancorp (HBNC:Q) 42 Horizon North Logistics Inc. (HNL:T) 36 Horizon Technology Finance Corporation (HRZN:Q) 47 Hospira, Inc. (HSP:N) 53 Host Hotels & Resorts Inc. (HST:N) 65 Houston Wire & Cable Company (HWCC:Q) 55 Hub Group, Inc. (HUBG:Q) 83 HudBay Minerals, Inc. (HBM:T) 61 Hudson City Bancorp (HCBK:Q) 42 Hudson Valley Holding Corp. (HVB:N) 42 Humana (HUM:N) 51 Huntington Bancshares Inc. (HBAN:Q) 42 Husky Energy Inc. (HSE:T) 36 Hyatt Hotels Corporation (H:N) 65 IAG (IAG.L:LSE) 85 IBERIABANK Corporation (IBKC:Q) 42 IBI Group Inc. (IBG:T) 57 ICF International Inc. (ICFI:Q) 75 ICON plc (ICLR:Q) 54 ICU Medical, Inc. (ICUI:Q) 53 IDEXX Laboratories Inc (IDXX:Q) 52 Ignite Restaurant Group, Inc. (IRG:Q) 23 Iliad (ILD.PA:EPA) 80 Imerys (IMTP.PA:EPA) 58 Imperial Oil Limited (IMO:T) 36 Inditex (ITX.MC:MAD) 25 Inergy L.P. (NRGY:N) 32 Infinity Property and Casualty Corporation (IPCC:Q) 46 Informatica Corp. (INFA:Q) 74 Ingram Micro Inc. (IM:N) 75 Inland Real Estate Corporation (IRC:N) 66 Insight Enterprises, Inc. (NSIT:Q) 75 Insignia Energy Ltd. (ISN:T) 35 Insperity (NSP:N) 51 Insulet (PODD:Q) 53 Integra LifeSciences Corp. (IART:Q) 53 Intel Corporation (INTC:Q) 76 Inteliquent (IQNT:Q) 77 Interactive Intelligence Group Inc. (ININ:Q) 73 Intercontinental Hotels (IHG.L:LSE) 68 IntercontinentalExchange, Inc. (ICE:N) 45 Interface, Inc. (TILE:Q) 22 Interfor (IFP.A:T) 60 International Rectifier Corporation (IRF:N) 71 International Speedway Corp. (ISCA:Q) 20 InterOil Corp. (IOC:N) 29 InterRent REIT (IIP.UN:T) 67 Intersil Corporation (ISIL:Q) 71 Intuit Inc. (INTU:Q) 78 Intuitive Surgical, Inc. (ISRG:Q) 53 Inversora Juramento SA (INVJ:BA) 63 Investment Technology Group, Inc. (ITG:N) 45 Iridium Communications Inc. (IRDM:Q) 76 iRobot (IRBT:Q) 76 IRSA Inversiones y Representaciones SA (IRS:N) 69 Itaú Unibanco Holding S.A. (ITUB:N) 49 Ivanplats Limited (IVP:T) 61

J.B. Hunt Transport Services, Inc. (JBHT:Q) 83 Jabil Circuit, Inc. (JBL:N) 73 James River Coal Company (JRCC:Q) 59 Jazztel (JAZ.MC:MCE) 80 JDS Uniphase (JDSU:Q) 72 Jeronimo Martins (JMT.LS:ELI) 25 JetBlue Airways (JBLU:Q) 83 Johnson & Johnson (JNJ:N) 53 Joy Global Inc. (JOY:N) 57 JPMorgan Chase & Co. (JPM:N) 42 Juniper Networks, Inc. (JNPR:N) 72 Kansas City Southern (KSU:N) 83 KB Home (KBH:N) 64 Kelt Exploration Ltd. (KEL:T) 35 Kemper Corp (KMPR:N) 46 Key Energy Services Inc. (KEG:N) 34 KeyCorp (KEY:N) 42 Killam Properties Inc. (KMP:T) 67 Kimco Realty Corporation (KIM:N) 66 Kinder Morgan Energy Partners L.P. (KMP:N) 32 Kinder Morgan, Inc. (KMI:N) 32 KiOR, Inc. (KIOR:Q) 28 Kite Realty Group Trust (KRG:N) 66 Kivalliq Energy Corp. (KIV:V) 62 Knight Capital Group, Inc. (KCG:N) 45 Knight Transportation, Inc. (KNX:N) 84 Knoll, Inc. (KNL:N) 20 KNOT Offshore Partners L.P. (KNOP:N) 32 Kodiak Oil & Gas Corp. (KOG:N) 29 Kosmos Energy Ltd. (KOS:N) 29 KPN (KPN.AS:AMS) 80 KVH Industries (KVHI:Q) 76 Laboratory Corporation of America Holdings (LH:N) 51 Labrador Iron Mines Holdings Ltd. (LIM:T) 61 Labrador Iron Ore Royalty Corp. (LIF:T) 61 Lafarge (LAFP.PA:EPA) 63 Lakeland Bancorp (LBAI:Q) 42 Lakeland Financial Corporation (LKFN:Q) 42 Landstar System, Inc. (LSTR:Q) 83 LaSalle Hotel Properties (LHO:N) 65 LATAM Airlines Group S.A. (LFL:N) 82 Lazard Ltd (LAZ:N) 45 La-Z-Boy Inc. (LZB:N) 21 LCA-Vision, Inc. (LCAV:Q) 51 Leap Wireless International, Inc. (LEAP:Q) 77 Legacy Oil & Gas Inc. (LEG:T) 35 Legacy Reserves L.P. (LGCY:Q) 29 Leggett & Platt (LEG:N) 21 Lehigh Gas Partners L.P. (LGP:N) 32 Leisureworld Senior Care Corp. (LW:T) 67 Lennar Corporation (LEN:N) 64 Level 3 Communications Inc. (LVLT:N) 77 Lexmark International, Inc. (LXK:N) 75 LGX Oil + Gas Inc. (OIL:V) 35 LifePoint Hospitals, Inc. (LPNT:Q) 53 Lightstream Resources Ltd. (LTS:T) 35 Limelight Networks (LLNW:Q) 74 Lincoln National Corp. (LNC:N) 46 Linear Technology Corporation (LLTC:Q) 71 LinkedIn Corp. (LNKD:N) 74 LINN Energy, LLC (LINE:Q) 29 LinnCo, LLC (LNCO:Q) 29

Company Index


LivePerson, Inc. (LPSN:Q) 72 LKQ Corporation (LKQ:Q) 55 LNB Bancorp, Inc. (LNBB:Q) 42 Loblaw Companies Ltd. (L:T) 24 Logitech International SA (LOGI:Q) 73 Lone Pine Resources, Inc. (LPR:T) 35 L'Oréal (OREP.PA:EPA) 25 Lowe`s Companies, Inc. (LOW:N) 22 LRR Energy L.P. (LRE:N) 29 LSI Corporation (LSI:Q) 76 Lufkin Industries, Inc. (LUFK:Q) 33 Lufthansa (LHAG.DE:ETR) 85 Lumber Liquidators Holdings, Inc. (LL:N) 22 Lumina Copper Corp. (LCC:V) 61 Lumos Networks (LMOS:Q) 77 Lundin Mining Corporation (LUN:T) 61 Luxottica (LUX.MI:BIT) 25 LVMH (LVMH.PA:EPA) 25 M&T Bank Corp. (MTB:N) 42 M/A-COM Technology Solutions (MTSI:Q) 71 MacDonald Dettwiler & Associates (MDA:T) 79 MAG Silver (MAG:T) 62 Magellan Aerospace (MAL:T) 84 Magellan Health Services (MGLN:Q) 51 Magellan Midstream Partners L.P. (MMP:N) 32 Main Street Capital Corp (MAIN:N) 47 MainSource Financial Group, Inc. (MSFG:Q) 42 Manchester United plc (MANU:N) 20 Mandalay Resources Corp. (MND:T) 62 Manhattan Associates, Inc. (MANH:Q) 72 Manitok Energy Inc. (MEI:V) 35 ManTech International Corporation (MANT:Q) 75 MAPFRE (MAP.MC:MCE) 47 Marathon Oil Corp. (MRO:N) 30 Marathon Petroleum Corp. (MPC:N) 31 Marine Products Corporation (MPX:N) 20 MarineMax (HZO:N) 20 MarketAxess Holdings Inc. (MKTX:Q) 45 Marriott International, Inc. (MAR:N) 65 Marsh and McLennan Companies, Inc. (MMC:N) 45 Marten Transport, Ltd. (MRTN:Q) 84 Martin Midstream Partners L.P. (MMLP:Q) 32 Masco Corporation (MAS:N) 22 Masimo Corp. (MASI:Q) 53 MasterCard, Inc. (MA:N) 78 Mattress Firm Holding Corp. (MFRM:Q) 22 Maxim Integrated (MXIM:Q) 71 MAXIMUS Inc. (MMS:N) 75 MB Financial, Inc. (MBFI:Q) 42 MBAC Fertilizer Corporation (MBC:T) 60 McCoy Corporation (MCB:T) 36 McDonald's Corporation (MCD:N) 23 McGraw Hill Financial Inc. (MHFI:N) 45 McKesson Corporation (MCK:N) 52 MDC Holdings (MDC:N) 64 Meadowbrook Insurance Group (MIG:N) 46 MedAssets (MDAS:Q) 52 Medidata Solutions, Inc. (MDSO:Q) 54 MEDNAX, Inc. (MD:N) 51 MEG Energy Corp. (MEG:T) 36 Melia Hotels International (MEL.MC:MAD) 68 Memorial Production Partners L.P. (MEMP:Q) 30

MercadoLibre, Inc. (MELI:Q) 74 Mercantile Bank Corporation (MBWM:Q) 42 Mercator Minerals Limited (ML:T) 61 Mercer International Inc. (MERC:Q) 60 Mercury General Corporation (MCY:N) 46 Meridian Bioscience, Inc. (VIVO:Q) 52 Merit Medical Systems Inc. (MMSI:Q) 53 Meta Financial Group, Inc. (CASH:Q) 42 Methanex (MEOH:Q) 56 MetLife, Inc. (MET:N) 46 Metro (MEOG.DE:ETR) 25 MetroCorp Bancshares, Inc. (MCBI:Q) 42 Micron Technology, Inc. (MU:Q) 76 MICROS Systems, Inc. (MCRS:Q) 72 Microsemi Corporation (MSCC:Q) 71 Microsoft (MSFT:Q) 74 MicroStrategy Inc. (MSTR:Q) 72 Mid-America Apartment Communities Inc. (MAA:N) 66 Mid-Con Energy Partners L.P. (MCEP:Q) 30 MidSouth Bancorp, Inc. (MSL:M) 42 MidWestOne Financial Group, Inc. (MOFG:Q) 42 Minco Silver (MSV:T) 62 Mindspeed Technologies (MSPD:Q) 71 Mobistar (MSTAR.BR:EBR) 80 Model N, Inc. (MODN:N) 72 Mohawk Industries (MHK:N) 22 Molina Healthcare (MOH:N) 51 MoneyGram International, Inc. (MGI:Q) 78 Monolithic Power Systems, Inc. (MPWR:Q) 71 Moody's Corporation (MCO:N) 45 Motorola Solutions, Inc. (MSI:N) 73 MRC Global (MRC:N) 55 MSC Industrial Direct (MSM:N) 55 MSCI Inc. (MSCI:N) 45 Mullen Group Ltd. (MTL:T) 36 Munich Re (MUVGn.DE:ETR) 48 Murphy Oil Corp. (MUR:N) 31 MutualFirst Financial Inc. (MFSF:Q) 42 MV Oil Trust (MVO:N) 30 Nabors Industries Ltd. (NBR:N) 34 The NASDAQ OMX Group, Inc. (NDAQ:Q) 45 National Fuel Gas Company (NFG:N) 30 National Interstate Corporation (NATL:Q) 46 National Oilwell Varco Inc. (NOV:N) 33 National Penn Bancshares (NPBC:Q) 42 National Retail Properties, Inc. (NNN:N) 65 Natus Medical Inc. (BABY:Q) 53 NCI, Inc. (NCIT:Q) 75 NeoPhotonics Corporation (NPTN:N) 72 NetApp Inc. (NTAP:Q) 75 Netflix Inc. (NFLX:Q) 74 Netsuite, Inc. (N:N) 72 Nevsun Resources Ltd. (NSU:T) 61 New Millennium Iron Corp. (NML:T) 61 New York Community Bancorp (NYCB:N) 42 NewBridge Bancorp (NBBC:Q) 42 Newell Rubbermaid Inc. (NWL:N) 20 Newfield Exploration Company (NFX:N) 30 Newpark Resources (NR:N) 34 Nexity (NEXI.PA:EPA) 58 NexJ Systems Inc. (NXJ:T) 79 NGP Capital Resources Company (NGPC:Q) 47

Company Index


NH Hoteles (NHH.MC:MAD) 68 NIC Inc. (EGOV:Q) 76 NII Holdings, Inc. (NIHD:Q) 77 Niska Gas Storage Partners LLC (NKA:N) 32 Noble Corporation (NE:N) 33 Noble Energy, Inc. (NBL:N) 30 Nokia (NOK:N) 73 Norbord Inc. (NBD:T) 60 Norfolk Southern Corp. (NSC:N) 83 North American Energy Partners (NOA:T) 57 North American Palladium Ltd. (PDL:T) 61 Northern Oil & Gas Inc. (NOG:M) 30 Northern Trust Corporation (NTRS:Q) 42 Novus Energy Inc. (NVS:V) 35 NTELOS Holdings Corp. (NTLS:Q) 77 Nuance Communications, Inc. (NUAN:Q) 73 NuStar Energy L.P. (NS:N) 32 NuStar GP Holdings, LLC (NSH:N) 32 NVIDIA Corporation (NVDA:Q) 76 NXP Semiconductors N.V. (NXPI:Q) 71 NYSE Euronext (NYX:N) 45 O`Reilly Automotive, Inc. (ORLY:Q) 21 Oasis Petroleum Inc. (OAS:N) 30 Occidental Petroleum Corp. (OXY:N) 30 Ocean Rig UDW (ORIG:Q) 33 Oil States International, Inc. (OIS:N) 33 Oiltanking Partners L.P. (OILT:N) 32 Old Dominion Freight Line, Inc. (ODFL:Q) 84 Old National Bancorp (ONB:N) 42 Old Republic International Corp. (ORI:N) 46 Omni-Lite Industries (OML:V) 84 OmniVision Technologies, Inc. (OVTI:Q) 76 OMV (OMV.AV:WBAG) 37 ON Semiconductor Corporation (ONNN:Q) 71 Open Text (OTEX:Q) 79 OpenTable, Inc. (OPEN:Q) 74 Oracle Corp. (ORCL:Q) 74 OraSure Technologies, Inc. (OSUR:Q) 52 ORBCOMM, Inc. (ORBC:Q) 76 Orbital Sciences (ORB:N) 76 Orezone Gold Corp. (ORE:T) 61 Osisko Mining Corp. (OSK:T) 61 Oxford Resource Partners L.P. (OXF:N) 59 PAA Natural Gas Storage L.P. (PNG:N) 32 Pacer International, Inc. (PACR:Q) 83 Pacific Continental Corporation (PCBK:Q) 42 Pacific Drilling (PACD:N) 33 Pacific Premier Bancorp, Inc. (PPBI:Q) 42 Paladin Energy (PDN:T) 62 Palo Alto Networks (PANW:N) 74 Pampa Energia SA (PAM:N) 38 Pan American Silver (PAAS:Q) 62 Pandora Media, Inc. (P:N) 74 Panera Bread Co. (PNRA:Q) 23 The Pantry, Inc. (PTRY:Q) 21 PAREXEL (PRXL:Q) 54 Park Sterling Corporation (PSTB:Q) 42 Parke Bancorp (PKBK:Q) 43 Parkway Properties (PKY:N) 66 Patterson-UTI Energy, Inc. (PTEN:Q) 34 Paychex (PAYX:Q) 51 PBF Energy, Inc. (PBF:N) 31

PC Connection, Inc. (PCCC:Q) 75 PCM Inc. (PCMI:Q) 75 Peabody Energy Corp. (BTU:N) 59 Pebblebrook Hotel Trust (PEB:N) 65 Pengrowth Energy Corporation (PGF:T) 35 Penn National Gaming, Inc. (PENN:Q) 20 People`s United Financial (PBCT:Q) 43 Peoples Bancorp Inc. (PEBO:Q) 43 Pericom Semiconductor Corporation (PSEM:Q) 76 Pernod Ricard (PERP.PA:EPA) 24 Perpetual Energy Inc. (PMT:T) 35 Petrobank Energy and Resources Ltd. (PBG:T) 36 Petrobras Argentina (PZE:N) 38 Petróleo Brasileiro S.A. (PBR:N) 31 PetroQuest Energy (PQ:N) 30 PetSmart Inc. (PETM:Q) 21 Peyto Exploration and Development (PEY:T) 35 PGT, Inc. (PGTI:Q) 22 Phillips 66 (PSX:N) 31 Pier 1 Imports Incorporated (PIR:N) 22 Pinnacle Entertainment, Inc. (PNK:N) 20 Pinnacle Financial Partners, Inc. (PNFP:Q) 43 Pioneer Energy Services Corp (PES:N) 34 Pioneer Natural Resources Company (PXD:N) 30 Pioneer Southwest Energy Partners L.P. (PSE:N) 30 Plains All American Pipeline L.P. (PAA:N) 32 Plains Exploration & Production Company (PXP:N) 30 Plantronics, Inc. (PLT:N) 73 Platinum Group Metals Ltd. (PTM:T) 61 Plexus Corp. (PLXS:Q) 73 Plum Creek Timber Company, Inc. (PCL:N) 67 PMI Gold Corporation (PMV:T) 61 PNC Financial Services Group, Inc. (PNC:N) 43 Polaris Industries (PII:N) 20 Polycom Inc. (PLCM:Q) 73 Portfolio Recovery Associates Inc. (PRAA:Q) 47 Post Properties, Inc. (PPS:N) 66 Potash Corp. of Saskatchewan Inc. (POT:N) 60 Potlatch Corporation (PCH:Q) 67 Power Integrations, Inc. (POWI:Q) 71 Power-One, Inc. (PWER:Q) 28 PPR (PRTP.PA:EPA) 25 Prada (1913.HK:HKG) 25 Precision Drilling Corporation (PD:T) 36 Preferred Bank (PFBC:Q) 43 Premiere Global Services Inc. (PGI:N) 73 priceline.com Incorporated (PCLN:Q) 75 Primerica, Inc. (PRI:N) 46 Principal Financial Group Inc. (PFG:N) 46 PrivateBancorp, Inc. (PVTB:Q) 43 ProAssurance Corp. (PRA:N) 46 Procera Networks (PKT:Q) 72 Progressive Corporation (PGR:N) 46 Progressive Waste Solutions Ltd. (BIN:N) 56 Prospect Capital Corporation (PSEC:Q) 47 Prosperity Bancshares, Inc. (PB:N) 43 Protective Life Corporation (PL:N) 46 Provident Financial Holdings, Inc. (PROV:Q) 43 Provident Financial Services, Inc. (PFS:N) 43 Prudential Financial, Inc. (PRU:N) 46 Public Storage (PSA:N) 66 Pulaski Financial Corp. (PULB:Q) 43

Company Index


PulteGroup Inc. (PHM:N) 64 Puma (PUMG.DE:ETR) 26 Pure Industrial Real Estate Trust (AAR.UN:T) 67 QCR Holdings, Inc. (QCRH:Q) 43 QEP Resources, Inc. (QEP:N) 30 QR Energy L.P. (QRE:N) 30 QUALCOMM, Inc. (QCOM:Q) 73 Quality Systems Inc. (QSII:Q) 52 Quest Diagnostics Inc. (DGX:N) 51 Questar Corp. (STR:N) 30 Quicksilver Resources Inc. (KWK:N) 30 Quidel Corporation (QDEL:Q) 52 Rackspace Hosting (RAX:N) 77 RadioShack (RSH:N) 21 Rallye (GENC.PA:EPA) 25 Ram Power (RPG:T) 34 Ramco-Gershenson Properties Trust (RPT:N) 66 Range Resources Corp. (RRC:N) 30 Rayonier, Inc. (RYN:N) 67 ReachLocal (RLOC:Q) 75 Realty Income (O:N) 65 Reckitt Benckiser (RB.L:LSE) 25 Red Hat, Inc. (RHT:N) 74 Red Robin Gourmet Burgers, Inc. (RRGB:Q) 23 Regal Entertainment Group (RGC:N) 20 Regency Centers Corp. (REG:N) 66 Regions Financial Corporation (RF:N) 43 Reinsurance Group of America, Inc. (RGA:N) 46 Remy Cointreau (RCOP.PA:EPA) 24 Renasant Corp. (RNST:Q) 43 Renegade Petroleum Ltd. (RPL:V) 35 Rent-A-Center Inc. (RCII:Q) 22 Repsol (REP.MC:MAD) 37 Republic Bancorp, Inc. (RBCAA:Q) 43 Republic Services, Inc. (RSG:N) 56 Resolute Energy Corp. (REN:N) 30 Retail Opportunity Investments Corp. (ROIC:Q) 66 RF Micro Devices (RFMD:Q) 73 Rhino Resource Partners L.P. (RNO:N) 59 Richemont (CFR.VX:SWF) 25 RioCan REIT (REI.UN:T) 68 Ripley Corp S.A. (RIPLEY:SN) 26 Ritchie Bros. Auctioneers (RBA:N) 57 Rite Aid Corporation (RAD:N) 52 Riverview Bancorp, Inc. (RVSB:Q) 43 RLJ Lodging Trust (RLJ:N) 65 Roadrunner Transportation Systems, Inc. (RRTS:N) 83 Rocky Mountain Dealerships Inc. (RME:T) 57 Rogers Communications Inc. (RCI:N) 77 Rosetta Resources Inc. (ROSE:Q) 30 Route1 Inc (ROI:V) 79 Rowan Companies (RDC:N) 33 Royal Caribbean Cruises Ltd. (RCL:N) 20 Royal Dutch Shell (RDSa.AS:AMS) 37 RSA (RSA.L:LSE) 47 RTI Biologics, Inc. (RTIX:Q) 53 Ruby Tuesday, Inc. (RT:N) 23 Rush Enterprises, Inc. (RUSHA:Q) 83 Russel Metals (RUS:T) 57 Ruth`s Hospitality Group, Inc. (RUTH:Q) 23 RWE (RWEG.DE:ETR) 37 Ryanair Holdings plc (RYAAY:Q) 83

Ryder System, Inc. (R:N) 83 The Ryland Group, Inc. (RYL:N) 64 Ryman Hospitality Properties Inc. (RHP:N) 65 S.Y. Bancorp Inc. (SYBT:Q) 43 Saia, Inc. (SAIA:Q) 84 SAIC Inc. (SAI:N) 75 Saint-Gobain (SGOB.PA:EPA) 58 salesforce.com, Inc. (CRM:N) 72 SanDisk Corp. (SNDK:Q) 76 SandRidge Energy Inc. (SD:N) 30 SandRidge Mississippian Trust I (SDT:N) 30 SandRidge Mississippian Trust II (SDR:N) 30 SandRidge Permian Trust (PER:N) 30 Sandy Spring Bancorp, Inc. (SASR:Q) 43 Sanmina Corporation (SANM:Q) 73 Santacruz Silver Mining Ltd. (SCZ:V) 62 Santander Chile (BSAC:N) 49 Santonia Energy Inc. (STE:T) 35 Sapient (SAPE:Q) 75 Saul Centers, Inc. (BFS:N) 66 Savanna Energy Services (SVY:T) 36 SBA Communications (SBAC:Q) 76 ScanSource, Inc. (SCSC:Q) 76 SCBT Financial Corporation (SCBT:Q) 43 Schlumberger Ltd. (SLB:N) 33 SciQuest (SQI:Q) 72 Scor (SCOR.PA:EPA) 48 The Scotts Miracle-Gro Company (SMG:N) 22 Seacoast Banking Corporation of Florida (SBCF:Q) 43 Secure Energy Services Inc. (SES:T) 36 Select Comfort Corp. (SCSS:Q) 21 Selective Insurance Group, Inc. (SIGI:Q) 46 Semtech Corporation (SMTC:Q) 71 Senior Housing Properties Trust (SNH:N) 65 Service Corporation International (SCI:N) 52 Shenandoah Telecommunications Co. (SHEN:Q) 77 Shoppers Drug Mart (SC:T) 24 Shutterfly, Inc. (SFLY:Q) 74 Siderar Sociedad Anonima Industrial Y Comercial (ERAR:BA) 63 Sierra Bancorp (BSRR:Q) 43 Sierra Wireless (SWIR:Q) 79 Signature Bank (SBNY:Q) 43 Silver Wheaton (SLW:N) 62 Silvercorp Metals Inc. (SVM:N) 62 SilverCrest Mines Inc. (SVL:V) 62 Simmons First National Corporation (SFNC:Q) 43 Simon Property Group, Inc. (SPG:N) 65 Skullcandy, Inc. (SKUL:Q) 21 SkyWest, Inc. (SKYW:Q) 83 Skyworks Solutions (SWKS:Q) 73 SLC Agricola S.A. (SLCE3:BR) 63 SM Energy Company (SM:N) 30 SNC-Lavalin (SNC:T) 57 Sociedad Química y Minera de Chile S.A. (SQM:N) 63 Sodexo (EXHO.PA:EPA) 25 Softchoice (SO:T) 79 SolarCity Corp. (SCTY:Q) 28 Solazyme, Inc. (SZYM:Q) 28 Solera Holdings, Inc. (SLH:N) 45 Solta Medical, Inc. (SLTM:Q) 53 Sourcefire Inc. (FIRE:Q) 74 Southcross Energy Partners L.P. (SXE:N) 32

Company Index


Southern Pacific Resources Corp. (STP:T) 36 Southwest Airlines Co. (LUV:N) 83 Southwest Bancorp, Inc. (OKSB:Q) 43 Southwestern Energy Company (SWN:N) 30 Spartan Stores Inc. (SPTN:Q) 21 Spectra Energy Partners L.P. (SEP:N) 32 Speedway Motorsports (TRK:N) 20 Spirit Airlines, Inc. (SAVE:Q) 83 Spirit Realty Capital, Inc. (SRC:N) 65 Sprint Nextel Corp. (S:N) 77 SS&C Technologies Holdings, Inc. (SSNC:Q) 72 SSE (SSE.L:LSE) 37 St. Joe Company (JOE:N) 64 STAG Industrial Inc. (STAG:N) 66 StanCorp Financial Group (SFG:N) 46 Standard Pacific Corporation (SPF:N) 64 Stanley Black & Decker (SWK:N) 22 Stanley Furniture (STLY:Q) 21 Stantec Inc (STN:T) 57 Starwood Hotels & Resorts Worldwide (HOT:N) 65 State Street Corporation (STT:N) 43 Steelcase, Inc. (SCS:N) 20 Steiner Leisure Limited (STNR:Q) 20 StellarOne Corporation (STEL:Q) 43 Stellus Capital Investment Corporation (SCM:N) 47 Stericycle Inc. (SRCL:Q) 56 Steris Corp. (STE:N) 53 Stewart Enterprises, Inc. (STEI:Q) 52 Stifel Financial Corp. (SF:N) 45 Stone Energy Corp. (SGY:N) 30 StoneMor Partners L.P. (STON:N) 52 Strad Energy Services Ltd. (SDY:T) 36 Strategic Hotels & Resorts (BEE:N) 65 Strategic Oil & Gas Ltd. (SOG:V) 35 Strongco Corp. (SQP:T) 57 Student Transportation Inc. (STB:T) 85 Suburban Propane Partners L.P. (SPH:N) 33 Suez Environnement (SEVI.PA:EPA) 37 Sulliden Gold Corporation Ltd. (SUE:T) 61 Summit Hotel Properties, Inc. (INN:N) 65 Suncor Energy Inc (SU:T) 36 SunPower Corp. (SPWR:Q) 28 Sunstone Hotel Investors, Inc. (SHO:N) 65 SunTrust Banks, Inc. (STI:N) 43 Superior Energy Services, Inc. (SPN:N) 34 Surge Energy Inc. (SGY:T) 35 Susquehanna Bancshares (SUSQ:Q) 43 Susser Holdings Corp. (SUSS:N) 21 Susser Petroleum Partners L.P. (SUSP:N) 33 SVB Financial Group (SIVB:Q) 43 Swatch Group (UHR.VX:SWF) 25 Swift Energy Company (SFY:N) 30 Swift Transportation Company (SWFT:N) 84 Swiss Re (SRENH.VX:SWF) 48 Symantec Corp. (SYMC:Q) 74 Symetra Financial Corp. (SYA:N) 46 Synchronoss Technologies, Inc. (SNCR:Q) 73 SYNNEX Corporation (SNX:N) 75 Synovus Financial Corp. (SNV:N) 43 Tahoe Resources Inc. (THO:T) 62 TAL International Group, Inc. (TAL:N) 83 TalkTalk Telecom Group (TALK.L:LSE) 80

Tangoe Inc. (TNGO:Q) 72 Targa Resources Corp. (TRGP:N) 33 Targa Resources Partners L.P. (NGLS:N) 33 Taseko Mines Ltd. (TKO:T) 61 Taylor Capital Group, Inc. (TAYC:Q) 43 TCF Financial Corporation (TCB:N) 43 TD Ameritrade Holding Corporation (AMTD:N) 45 Tech Data Corporation (TECD:Q) 75 Teche Holding Company (TSH:M) 43 Technip (TECF.PA:EPA) 37 Teck Resources Limited (TCK.B:T) 61 Teekay LNG Partners L.P. (TGP:N) 33 Teekay Offshore Partners L.P. (TOO:N) 33 Telecom Argentina S.A. (TEO:N) 81 TeleCommunication Systems (TSYS:Q) 76 Teledyne Technologies Incorporated (TDY:N) 73 Teleflex, Inc. (TFX:N) 53 Telefonica (TEF.MC:MCE) 80 Telenet Group (TNET.BR:EBR) 80 Telephone and Data Systems, Inc. (TDS:N) 77 Tellabs (TLAB:Q) 72 TELUS Corp. (TU:N) 77 Tempur Sealy International, Inc. (TPX:N) 21 Tenaris S.A. (TS:N) 38 Tenet Healthcare Corporation (THC:N) 53 Ternium S.A. (TX:N) 63 Territorial Bancorp Inc. (TBNK:Q) 43 Tesoro Corp. (TSO:N) 31 Tesoro Logistics L.P. (TLLP:N) 33 Tetra Technologies Inc. (TTI:N) 34 Texas Capital Bancshares, Inc. (TCBI:Q) 44 Texas Instruments Incorporated (TXN:Q) 71 Texas Roadhouse, Inc. (TXRH:Q) 23 Textainer Group Holdings Limited (TGH:N) 83 TGLT S.A. (TGLT:BA) 69 Thoratec Corp. (THOR:Q) 53 Tim Hortons (THI:T) 24 Timberland Bancorp, Inc. (TSBK:Q) 44 Time Warner Cable Inc. (TWC:N) 77 T-Mobile US Inc. (TMUS:N) 77 TMS International (TMS:N) 56 Tod's Group (TOD.MI:BIT) 25 Toll Brothers, Inc. (TOL:N) 64 TORC Oil & Gas Ltd. (TOG:T) 35 Torchmark Corporation (TMK:N) 46 The Toro Company (TTC:N) 22 Toromont Industries (TIH:T) 57 Total (TOTF.PA:EPA) 37 Total System Services (TSS:N) 78 Tourmaline Oil Corp. (TOU:T) 35 Towers Watson & Co. (TW:N) 45 Tractor Supply Co. (TSCO:Q) 21 Transener (TRAN:BA) 38 Transocean (RIG:N) 33 Transportadora de Gas del Sur (TGS:N) 38 TravelCenters of America LLC (TA:N) 21 The Travelers Companies, Inc. (TRV:N) 46 Trevali Mining Corporation (TV:T) 61 Triangle Capital Corporation (TCAP:N) 47 Trican Well Service (TCW:T) 36 TriCo Bancshares (TCBK:Q) 44 Trilogy Energy Corp. (TET:T) 35

Company Index


Trina Solar Limited (TSL:N) 28 Trinidad Drilling Ltd. (TDG:T) 36 Trinity Industries, Inc. (TRN:N) 83 TriOil Resources Ltd. (TOL:V) 35 TripAdvisor, Inc. (TRIP:Q) 75 TriQuint Semiconductor, Inc. (TQNT:Q) 73 Trustmark Corporation (TRMK:Q) 44 Tuscany International Drilling Inc. (TID:T) 36 tw telecom inc. (TWTC:Q) 77 Twin Butte Energy Inc. (TBE:T) 35 U.S. Bancorp (USB:N) 44 U.S. Cellular (USM:N) 77 U.S. Geothermal (HTM:M) 34 Ubiquiti Networks, Inc. (UBNT:Q) 73 UEX Corp. (UEX:T) 62 Ultimate Software Group Inc. (ULTI:Q) 72 Ultra Petroleum Corporation (UPL:N) 30 UMB Financial Corporation (UMBF:Q) 44 Umpqua Holdings Corp. (UMPQ:Q) 44 Under Armour Inc. (UA:N) 21 Union First Market Bankshares Corporation (UBSH:Q) 44 Union Pacific Corp. (UNP:N) 83 Unisys Corporation (UIS:N) 75 Unit Corporation (UNT:N) 34 United Bankshares, Inc. (UBSI:Q) 44 United Community Banks, Inc. (UCBI:Q) 44 United Continental Holdings, Inc. (UAL:N) 82 United Insurance Holdings Corp. (UIHC:Q) 46 United Parcel Service (UPS:N) 83 UnitedHealth Group (UNH:N) 51 Universal American Corp. (UAM:N) 51 Universal Health Services, Inc. (UHS:N) 53 Unum Group (UNM:N) 46 Uranium One Inc. (UUU:T) 62 Uranium Participation Corporation (U:T) 62 Ur-Energy Inc. (URE:T) 62 US Airways Group, Inc. (LCC:N) 82 USA Compression Partners L.P. (USAC:N) 33 UTi Worldwide, Inc. (UTIW:Q) 83 Valero Energy Corp. (VLO:N) 31 Valley National Bancorp (VLY:N) 44 ValueClick Inc. (VCLK:Q) 75 Vanguard Natural Resources, LLC (VNR:Q) 30 Vantiv, Inc. (VNTV:N) 78 VCA Antech, Inc. (WOOF:Q) 52 Veolia Environnement (VIE.PA:EPA) 37 Verbund (VERB.VI:WBAG) 37 VeriFone Systems, Inc. (PAY:N) 78 Verisk Analytics Inc. (VRSK:Q) 78 Verizon Communications (VZ:N) 77 Vermilion Energy Inc. (VET:T) 35 ViaSat, Inc. (VSAT:Q) 76 Vicat (VCTP.PA:EPA) 63 Vienna Insurance (VIGR.VI:WBAG) 47 ViewPoint Financial Group (VPFG:Q) 44 Vinci (SGEF.PA:EPA) 58 Virgin Media (VMED.L:LSE) 80 Virginia Commerce Bancorp, Inc. (VCBI:Q) 44 Virtus Investment Partners, Inc. (VRTS:Q) 39 Visa, Inc. (V:N) 78 Vishay Intertechnology, Inc. (VSH:N) 71 Vivendi (VIV.PA:EPA) 80

VMware (VMW:N) 74 VOC Energy Trust (VOC:N) 30 Vocus Inc. (VOCS:Q) 72 Volcano Corporation (VOLC:Q) 53 W&T Offshore, Inc. (WTI:N) 30 W.W. Grainger, Inc. (GWW:N) 55 Wabtec Corporation (WAB:N) 83 Wajax Corp. (WJX:T) 57 Waldron Energy Corporation (WDN:T) 35 Walgreen Co. (WAG:N) 52 Wal-Mart Stores Inc. (WMT:N) 22 Walter Energy Inc. (WLT:N) 59 Washington Banking Company (WBCO:Q) 44 Washington Federal, Inc. (WAFD:Q) 44 Washington REIT (WRE:N) 66 Waste Connections, Inc. (WCN:N) 56 Waste Management, Inc. (WM:N) 56 Weatherford (WFT:N) 33 WebMD Health Corp (WBMD:Q) 52 Webster Financial Corp. (WBS:N) 44 WellCare Health Plans (WCG:N) 51 WellPoint (WLP:N) 51 Wells Fargo & Co. (WFC:N) 44 Werner Enterprises, Inc. (WERN:Q) 84 WesBanco, Inc. (WSBC:Q) 44 WESCO International (WCC:N) 55 West Bancorporation, Inc. (WTBA:Q) 44 West Fraser Timber (WFT:T) 60 Western Energy Services Corp. (WRG:T) 36 Western Forest Products Inc. (WEF:T) 60 Western Potash Corp. (WPX:T) 60 Western Refining, Inc. (WNR:N) 31 Western Union (WU:N) 78 WesternOne Inc. (WEQ:T) 57 WestJet Airlines (WJA:T) 84 Westport Innovations Inc. (WPRT:Q) 28 Weyerhaeuser Company (WY:N) 67 Whirlpool Corp. (WHR:N) 22 Whitbread (WTB.L:LSE) 68 Whitecap Resources Inc. (WCP:T) 35 Whiting Petroleum Corp. (WLL:N) 30 Whiting USA Trust I (WHX:N) 30 Whiting USA Trust II (WHZ:N) 30 Whole Foods Market Inc. (WFM:Q) 21 The Williams Companies, Inc. (WMB:N) 33 Williams Partners L.P. (WPZ:N) 33 Williams-Sonoma (WSM:N) 22 Wilshire Bancorp, Inc. (WIBC:Q) 44 Windstream Corp. (WIN:Q) 77 Winpak Ltd. (WPK:T) 24 Wintrust Financial Corporation (WTFC:Q) 44 Wolseley (WOS.L:LSE) 58 Xilinx, Inc. (XLNX:Q) 76 Xoom Corporation (XOOM:Q) 78 XPO Logistics, Inc. (XPO:N) 83 Yadkin Financial Corporation (YDKN:Q) 44 Yahoo! Inc. (YHOO:Q) 74 Yamana Gold Inc. (AUY:N) 61 Yangarra Resources Ltd. (YGR:V) 35 Yelp, Inc. (YELP:N) 74 YPF (YPF:N) 38 YRC Worldwide Inc. (YRCW:Q) 84

Company Index


YUM! Brands, Inc. (YUM:N) 23 Zargon Oil & Gas Ltd. (ZAR:T) 35 ZCL Composites (ZCL:T) 57 Ziggo (ZIGGO.AS:AMS) 80

Zillow, Inc. (Z:Q) 74 Zions Bancorporation (ZION:Q) 44 Zodiac Exploration Inc. (ZEX:V) 35 Zurich Insurance (ZURN.VX:SWF) 47


Consumer

USA Canada Europe

Entertainment & Leisure ............................................ 20 Cruise Lines .............................................................. 20 Gaming .................................................................... 20 Leisure Products ...................................................... 20 Sports ...................................................................... 20 Theaters................................................................... 20

Furniture & Furnishings Suppliers .............................. 20 Furnishings .............................................................. 20 Office Furniture ....................................................... 20 Residential Furniture ............................................... 21

Hardline Retail ............................................................ 21 Automotive Aftermarket Retailers .......................... 21 Consumer Electronics Retailers ............................... 21 Convenience Stores ................................................. 21 Grocery Stores ......................................................... 21 Pet Food and Farm Supplies .................................... 21 Sporting Goods ........................................................ 21 Value Retailers ......................................................... 21

Home & Building Products .......................................... 22 Appliances ............................................................... 22 Floor Coverings ........................................................ 22 Hardware, Tools, & Decor ....................................... 22 Outdoor Power Equipment & Services .................... 22

Home & Other Retailers ............................................. 22 Big Box Retailers ...................................................... 22 Furniture & Furnishings ........................................... 22

Restaurants ................................................................. 23

Consumer & Retail...................................................... 24

Consumer Goods ......................................................... 24 Beverages ................................................................. 24 Eyecare & Eyewear .................................................. 25 Home & Personal Care ............................................. 25 Luxury Goods ........................................................... 25

Foodservices ............................................................... 25 Retail ........................................................................... 25

Apparel..................................................................... 25 Food Retail ............................................................... 25 Sporting Goods ........................................................ 26

Latin America

Retail & Consumer Goods ........................................... 26


Sym

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Exch

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Ratin

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Suita

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Clos

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May

-28-

13

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Curr

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Year

P/E

EPS

FY E

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. Cap

. (M

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2012

A 20

13E

2014

E

Consumer - USA Budd Bugatch, CFA [email protected] Sam Darkatsh [email protected]

Bryan C. Elliott, CFA [email protected] Joseph D. Hovorka [email protected]

Dan Wewer, CFA [email protected] Benjamin Brownlow [email protected]

Entertainment & Leisure Cruise Lines Carnival Corp. CCL N 3 G $33.00 NM 39.95 30.65 21.7 1.67 1.52 1.80 Nov 25,674 3.0 JDH Royal Caribbean Cruises Ltd. RCL N 3 G $35.71 NM 38.62 22.12 14.9 0.08 2.40 2.70 Dec 7,874 1.1 JDH Steiner Leisure Limited STNR Q 3 AG $51.84 NM 52.85 40.01 15.5 3.53 3.35 3.55 Dec 767 0.0 JDH

Gaming Ameristar Casinos, Inc. ASCA Q 3 G $26.42 NM 27.18 15.04 14.3 2.26 1.85 NA Dec 871 1.9 JDH Penn National Gaming, Inc. PENN Q 3 HR $57.16 NM 59.93 37.00 23.3 2.01 2.45 2.58 Dec 4,427 0.0 JDH Pinnacle Entertainment, Inc. PNK N 3 HR $20.62 NM 21.19 8.89 NM (0.52) (1.14) 0.37 Dec 1,204 0.0 JDH

Leisure Products Arctic Cat, Inc. ACAT Q 1 AG $47.73 54.00 48.84 31.42 16.5 1.72 2.89 A 3.20 Mar 630 0.8 JDH Brunswick Corp. BC N 3 HR $33.49 NM 37.37 19.35 14.4 0.54 2.33 2.70 Dec 3,131 0.2 JDH Harley-Davidson, Inc. HOG N 1 G $56.35 62.00 59.84 37.84 16.7 2.72 3.37 3.90 Dec 12,741 1.1 JDH Marine Products Corporation MPX N 3 AG $7.48 NM 7.70 4.96 35.6 0.19 0.21 0.23 Dec 277 1.6 JDH MarineMax HZO N 2 HR $11.85 13.50 14.18 6.82 NM 0.05 0.10 0.60 Sep 284 0.0 JDH Polaris Industries PII N 1 G $93.13 99.00 94.66 67.69 18.3 4.40 5.09 5.68 Dec 6,594 1.8 JDH

Sports Dover Motorsports Inc. DVD N 4 NM $2.11 NM 2.18 1.19 16.2 0.13 0.13 0.14 Dec 77 1.9 JDH International Speedway Corp. ISCA Q 3 G $35.25 NM 35.75 23.40 27.1 1.18 1.30 1.40 Nov 1,636 0.6 JDH Manchester United plc ($P) MANU N 2 HR $17.21 20.00 19.34 12.00 74.8 0.15 0.23 0.41 Jun 2,820 0.0 JDH Speedway Motorsports TRK N 4 NM $18.42 NM 18.83 14.18 20.9 1.01 0.88 1.05 Dec 763 3.3 JDH

Theaters Carmike Cinemas, Inc. CKEC Q 1 HR $17.87 22.00 18.90 11.04 34.4 5.99 0.52 0.95 Dec 313 0.0 JDH Cinemark Holdings, Inc. CNK N 1 AG $30.64 37.00 31.77 20.99 18.0 1.48 1.70 2.03 Dec 3,493 2.7 JDH Regal Entertainment Group RGC N 1 HR $18.74 20.00 19.00 12.74 19.1 0.93 0.98 1.08 Dec 2,914 4.5 JDH

Furniture & Furnishings Suppliers Furnishings Newell Rubbermaid Inc. NWL N 1 G $27.56 30.00 28.47 16.67 15.1 1.67 1.82 1.96 Dec 8,406 2.2 BB

Office Furniture Herman Miller MLHR Q 2 AG $28.17 31.00 28.36 16.03 20.0 1.37 1.41 1.71 May 1,659 1.8 BB HNI Corporation HNI N 3 G $38.08 NM 38.53 21.57 27.6 1.12 1.38 1.79 Dec 1,744 2.5 BB Knoll, Inc. KNL N 2 AG $15.98 20.00 18.69 11.96 20.0 1.06 0.80 1.15 Dec 749 3.0 BB Steelcase, Inc. SCS N 2 G $13.98 17.50 15.60 7.63 17.7 0.58 0.79 A 0.92 Feb 1,789 2.9 BB


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Consumer - USA Residential Furniture Culp, Inc. CFI N 1 AG $17.55 19.00 18.15 9.00 13.2 0.78 1.33 1.44 Apr 214 0.7 BB Ethan Allen Interiors ETH N 1 AG $32.06 36.00 33.36 18.00 23.9 0.95 1.34 1.65 Jun 936 1.1 BB Furniture Brands International FBN N 4 NM $0.99 NM 1.82 0.88 NM (0.64) (0.68) (0.31) Dec 55 0.0 BB La-Z-Boy Inc. LZB N 1 HR $19.12 21.00 19.69 10.95 23.6 0.56 0.81 1.11 Apr 1,021 0.8 BB Leggett & Platt LEG N 3 TR $33.24 NM 34.28 19.26 20.3 1.46 1.64 1.81 Dec 4,823 3.5 BB Select Comfort Corp. SCSS Q 2 AG $22.48 21.00 34.38 16.62 16.7 1.43 1.35 1.71 Dec 1,281 0.0 BB Stanley Furniture STLY Q 3 HR $4.32 NM 5.00 3.72 NM (0.54) (0.49) (0.32) Dec 61 0.0 BB Tempur Sealy International, Inc. TPX N 1 AG $42.85 55.00 51.02 20.70 15.6 2.62 2.75 3.40 Dec 2,622 0.0 BB

Hardline Retail Automotive Aftermarket Retailers Advance Auto Parts, Inc. AAP N 1 AG $83.63 97.00 88.74 60.87 15.5 5.22 5.41 6.06 Dec 6,172 0.3 DW AutoZone, Inc. AZO N 1 AG $418.95 500.00 435.36 341.98 15.1 23.48 27.75 31.50 Aug 15,292 0.0 DW O`Reilly Automotive, Inc. ORLY Q 1 AG $110.75 117.00 112.92 75.61 18.6 4.75 5.94 6.87 Dec 12,559 0.0 DW

Consumer Electronics Retailers Best Buy Company, Incorporated BBY N 3 G $26.73 NM 27.37 11.20 10.2 3.61 2.62 A 2.50 Jan 9,115 2.5 DW RadioShack RSH N 3 HR $3.88 NM 5.15 1.90 NM (0.74) (0.78) (0.37) Dec 389 0.0 DW Skullcandy, Inc. SKUL Q 4 NM $5.70 NM 16.75 4.80 31.7 1.00 0.18 0.42 Dec 158 0.0 DW

Convenience Stores Casey's General Stores, Inc. CASY Q 3 AG $62.46 NM 63.48 46.15 21.2 3.04 2.94 3.51 Apr 2,393 1.1 BBL,DW Core-Mark Holding Company, Inc. CORE Q 2 G $59.20 58.00 59.41 40.06 15.7 3.18 3.78 4.46 Dec 678 1.3 BBL,DW The Pantry, Inc. PTRY Q 3 AG $13.41 NM 16.36 11.28 23.5 0.21 0.57 1.00 Sep 317 0.0 BBL,DW Susser Holdings Corp. SUSS N 2 AG $51.03 55.00 56.95 28.37 23.6 2.37 2.16 2.79 Dec 1,083 0.0 BBL,DW TravelCenters of America LLC TA N 2 HR $11.40 12.00 12.50 4.18 13.1 1.14 0.87 1.27 Dec 337 0.0 BBL,DW

Grocery Stores The Fresh Market, Inc. TFM Q 1 AG $46.36 50.00 65.69 36.51 30.3 1.34 1.53 1.95 Jan 2,232 0.0 BBL,DW Spartan Stores Inc. SPTN Q 3 AG $18.45 NM 18.79 13.44 12.9 1.39 1.43 A 1.48 Mar 401 2.0 BBL,DW Whole Foods Market Inc. WFM Q 3 G $105.71 NM 107.20 81.39 36.2 2.52 2.92 3.51 Sep 19,599 0.8 BBL,DW

Pet Food and Farm Supplies PetSmart Inc. (f) PETM Q 3 AG $68.75 NM 72.75 61.30 17.1 3.55 4.03 4.56 Jan 7,184 1.0 DW Tractor Supply Co. TSCO Q 1 AG $111.95 123.00 115.96 75.46 25.2 3.80 4.45 5.13 Dec 7,926 0.9 DW

Sporting Goods Callaway Golf Co. ELY N 3 HR $6.80 NM 7.30 5.20 85.0 (0.78) 0.08 0.44 Dec 483 0.6 DW Dick`s Sporting Goods Inc. (f) DKS N 3 AG $51.61 NM 54.25 44.06 18.2 2.53 2.83 3.21 Jan 6,498 1.0 DW Hibbett Sports, Inc. (f) HIBB Q 3 AG $56.70 NM 63.39 49.78 19.5 2.72 2.91 3.28 Jan 1,491 0.0 DW Under Armour Inc. UA N 3 AG $63.29 NM 65.55 44.07 43.1 1.21 1.47 1.76 Dec 6,778 0.0 DW

Value Retailers Big Lots Inc. (f) BIG N 4 NM $38.05 NM 42.26 26.69 12.5 2.98 3.05 3.26 Jan 3,055 0.0 DW Dollar General Corp. (f) DG N 1 AG $54.48 59.00 56.04 39.73 16.5 2.91 3.30 3.80 Jan 17,918 0.0 DW Dollar Tree, Inc. (f) DLTR Q 1 AG $50.56 60.00 56.82 37.12 17.7 2.52 2.86 3.33 Jan 11,482 0.0 DW Family Dollar Stores Inc. FDO N 3 G $63.63 NM 74.73 54.06 16.6 3.64 3.83 4.20 Aug 7,394 1.6 DW


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Consumer - USA Home & Building Products Appliances Whirlpool Corp. WHR N 2 TR $129.61 125.00 134.09 54.08 13.3 7.05 9.75 11.68 Dec 10,395 1.9 SD,BB

Floor Coverings The Dixie Group DXYN Q 1 HR $7.69 8.00 8.05 2.95 48.1 (0.05) 0.16 0.45 Dec 98 0.0 SD,BB Interface, Inc. TILE Q 3 AG $17.23 NM 19.96 11.14 24.6 0.60 0.70 0.95 Dec 1,142 0.6 SD,BB Mohawk Industries MHK N 3 AG $116.63 NM 120.70 62.22 20.5 3.78 5.70 6.90 Dec 8,152 0.0 SD,BB

Hardware, Tools, & Decor American Woodmark AMWD Q 3 HR $37.25 NM 37.40 15.46 67.7 (0.71) 0.55 1.00 Apr 555 0.0 SD,BB Masco Corporation MAS N 4 NM $22.08 NM 22.83 11.53 34.5 0.34 0.64 1.00 Dec 7,772 1.4 SD,BB PGT, Inc. PGTI Q 1 HR $8.18 9.50 9.25 2.37 22.1 0.16 0.37 0.42 Dec 465 0.0 SD,BB Stanley Black & Decker SWK N 3 TR $79.87 NM 83.26 58.59 14.8 4.67 5.40 6.60 Dec 12,699 2.5 SD,BB

Outdoor Power Equipment & Services Briggs & Stratton BGG N 2 TR $23.41 24.50 25.52 16.20 20.2 1.15 1.16 1.65 Jun 1,117 2.1 SD,BB The Scotts Miracle-Gro Company SMG N 3 AG $48.83 NM 49.24 35.49 19.8 2.01 2.47 3.10 Sep 2,998 2.7 SD,BB The Toro Company TTC N 3 AG $48.18 NM 49.38 35.08 19.7 2.18 2.45 2.90 Oct 2,857 1.2 SD,BB

Home & Other Retailers Big Box Retailers Costco Wholesale Corporation COST Q 3 G $114.83 NM 115.77 85.08 25.1 3.96 4.57 5.08 Aug 50,105 1.1 BB The Home Depot Inc. (f) HD N 3 G $79.82 NM 81.56 47.75 22.2 3.08 3.60 4.10 Jan 118,453 2.0 BB Lowe`s Companies, Inc. (f) LOW N 3 G $42.86 NM 43.84 24.76 20.8 1.75 2.06 2.45 Jan 59,747 1.5 BB Lumber Liquidators Holdings, Inc. LL N 4 NM $86.74 NM 90.92 26.52 34.7 1.68 2.50 3.00 Dec 2,370 0.0 BB Wal-Mart Stores Inc. WMT N 3 G $77.32 NM 79.96 65.13 15.4 4.49 5.02 A 5.25 Jan 269,460 2.4 BB

Furniture & Furnishings Aaron`s Inc. AAN N 2 G $28.25 34.00 32.53 24.61 12.7 2.05 2.23 2.53 Dec 2,170 0.3 BB Bed Bath & Beyond (f) BBBY Q 1 G $69.70 85.00 75.84 54.33 14.1 4.56 4.95 5.45 Feb 15,438 0.0 BB Haverty Furniture Companies Inc. HVT N 2 AG $24.96 26.00 25.00 10.39 22.9 0.65 1.09 1.40 Dec 556 0.6 BB Mattress Firm Holding Corp. (f) MFRM Q 2 AG $36.88 37.00 39.35 22.62 18.9 1.49 1.95 2.54 Jan 1,245 0.0 BB Pier 1 Imports Incorporated PIR N 1 AG $23.96 27.00 25.29 14.78 20.0 0.94 1.20 A 1.30 Feb 2,548 0.8 BB Rent-A-Center Inc. RCII Q 2 AG $35.92 41.00 38.23 31.22 11.6 3.09 3.10 3.55 Dec 2,077 2.3 BB Williams-Sonoma (f) WSM N 3 G $55.74 NM 57.22 32.67 20.1 2.59 2.78 3.26 Jan 5,447 2.2 BB


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Consumer - USA Restaurants Bloomin' Brands, Inc. BLMN Q 2 G $23.00 23.00 23.18 11.57 20.0 0.99 1.15 1.35 Dec 2,910 0.0 BCE Brinker International EAT N 2 G $40.45 45.00 41.88 28.11 17.4 1.96 2.33 2.75 Jun 3,022 2.0 BCE Buffalo Wild Wings, Inc. BWLD Q 1 AG $95.90 110.00 97.49 68.71 26.6 3.06 3.60 4.45 Dec 1,803 0.0 BCE Carrols Restaurant Group, Inc. TAST Q 1 HR $5.96 7.00 6.82 4.65 NM (0.44) (0.40) (0.25) Dec 192 0.0 BCE Cheesecake Factory Inc. CAKE Q 3 AG $40.71 NM 41.11 29.44 18.9 1.88 2.15 2.40 Dec 2,243 1.2 BCE Chipotle Mexican Grill, Inc. CMG N 3 AG $370.61 NM 419.69 233.82 35.1 8.75 10.55 12.45 Dec 11,563 0.0 BCE Chuy's Holdings, Inc. CHUY Q 3 AG $34.56 NM 35.63 14.33 50.8 0.60 0.68 0.83 Dec 577 0.0 BCE Cracker Barrel Old Country Store, Inc. CBRL Q 3 G $88.37 NM 88.94 57.99 18.6 4.61 4.75 5.40 Jul 2,112 2.3 BCE Darden Restaurants DRI N 3 G $53.33 NM 57.93 44.11 16.9 3.58 3.15 3.15 May 7,013 3.8 BCE Del Frisco’s Restaurant Group, Inc. DFRG Q 1 AG $19.00 22.00 19.39 11.73 20.0 0.94 0.95 1.07 Dec 452 0.0 BCE DineEquity, Inc. DIN N 1 HR $72.22 85.00 78.40 41.49 19.5 4.25 3.70 3.95 Dec 1,387 4.2 BCE Dunkin’ Brands Group, Inc. DNKN Q 3 G $40.57 NM 42.83 27.93 26.9 1.29 1.51 1.73 Dec 4,311 1.9 BCE Fiesta Restaurant Group, Inc. FRGI Q 1 HR $34.86 38.00 35.36 11.51 44.7 0.55 0.78 0.98 Dec 798 0.0 BCE Ignite Restaurant Group, Inc. IRG Q 2 HR $19.05 19.00 20.42 10.80 30.2 0.60 0.63 0.85 Dec 488 0.0 BCE McDonald's Corporation MCD N 3 G $101.24 NM 103.70 83.31 18.1 5.36 5.60 6.05 Dec 102,323 3.0 BCE Panera Bread Co. PNRA Q 3 AG $193.28 NM 194.27 135.40 27.8 5.89 6.95 7.85 Dec 5,663 0.0 BCE Red Robin Gourmet Burgers, Inc. RRGB Q 1 AG $52.77 65.00 53.83 27.18 24.0 2.06 2.20 2.60 Dec 755 0.0 BCE Ruby Tuesday, Inc. RT N 2 AG $9.50 10.50 9.84 4.98 36.5 0.41 0.26 0.37 May 589 0.0 BCE Ruth`s Hospitality Group, Inc. RUTH Q 3 AG $11.48 NM 12.03 5.65 20.1 0.52 0.57 0.64 Dec 408 1.4 BCE Texas Roadhouse, Inc. TXRH Q 2 AG $23.98 25.00 24.63 15.72 20.9 1.04 1.15 1.30 Dec 1,715 2.0 BCE YUM! Brands, Inc. YUM N 3 G $70.03 NM 74.75 59.68 23.0 3.25 3.05 3.65 Dec 32,564 1.9 BCE


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Consumer - CAN Kenric S. Tyghe, MBA [email protected] Frederic Bastien, CFA [email protected]

Consumer & Retail Aimia (ae) AIM T 2 G C$15.44 20.00 16.63 12.82 NM 399 423 462 Dec C$2,656 4.4 KT Atrium Innovations Inc. ATB T 2 AG C$14.25 15.00 14.49 9.90 8.2 1.65 1.73 1.88 Dec C$450 0.0 KT Cineplex Inc. CGX T 2 TR C$34.26 36.00 34.99 27.81 20.3 1.58 1.69 1.95 Dec C$2,158 3.9 KT CML Healthcare Inc. CLC T 3 TR C$7.72 7.00 10.19 5.42 11.7 0.66 E 0.65 NA Dec C$693 9.8 FB Dollarama (f) DOL T 3 AG C$72.22 67.00 76.61 54.61 20.8 2.30 2.99 A 3.48 Jan C$5,330 0.8 KT Easyhome Ltd. EH T 2 AG C$9.65 12.00 11.00 5.85 8.8 0.90 1.10 1.30 Dec C$116 3.5 FB Gildan Activewear GIL N 2 G US$41.51 48.00 42.98 22.18 15.1 1.34 2.74 3.13 Sep US$5,106 0.9 KT Glacier Media Inc. GVC T 2 TR C$1.58 2.00 2.18 1.51 9.9 0.12 0.16 0.18 Dec C$141 5.1 KT Great Canadian Gaming GC T 3 AG C$9.96 10.00 10.50 8.50 16.9 0.58 0.59 0.64 Dec C$713 NA KT Loblaw Companies Ltd. L T R G C$50.17 R 50.45 31.11 R R R R Dec R R KT Shoppers Drug Mart SC T 2 G C$46.27 48.00 47.49 39.32 15.3 2.94 3.02 3.18 Dec C$9,439 2.5 KT Tim Hortons THI T 3 G C$56.52 50.00 58.85 45.11 19.6 2.67 2.89 3.18 Dec C$8,704 1.8 KT Winpak Ltd. WPK T 3 G C$18.41 20.00 19.85 14.30 15.2 1.10 1.21 1.38 Dec C$1,197 0.7 KT

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Consumer - EUR Hermine de Bentzmann [email protected] Marc Willaume [email protected]

Cedric Lecasble [email protected] Julien Richer [email protected]

Consumer Goods Beverages Diageo DGE.L LSE 2 2047.50p 2120 2115.00 1512.50 19.6 93.70 104.40 115.50 Jun £51,392 2.3 HB Pernod Ricard PERP.PA EPA 2 €95.20 102.00 101.15 75.68 19.5 4.53 4.87 5.59 Jun 25,258 1.8 HB Remy Cointreau RCOP.PA EPA 2 €91.29 101.00 101.55 75.75 24.6 2.50 3.12 A 3.71 Mar 4,648 1.9 HB


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Consumer - EUR Eyecare & Eyewear Essilor ESSI.PA EPA 2 €88.86 95.00 89.99 67.43 29.3 2.80 3.03 3.31 Dec 18,936 1.1 MW Luxottica LUX.MI BIT 2 €41.84 42.50 42.97 24.61 29.3 1.15 1.43 1.67 Dec 19,682 1.7 MW

Home & Personal Care Beiersdorf BEIG.DE ETR 3 €71.97 NM 73.45 49.25 30.1 2.06 2.39 2.70 Dec 18,136 1.1 HB BIC BB.FP EPA 2 €83.99 91.00 101.50 75.55 17.0 5.61 4.95 5.41 Dec 4,057 2.8 HB Henkel HNKG_p.DE ETR 2 €78.47 86.00 78.77 49.22 19.2 3.70 4.08 4.49 Dec 30,917 1.4 HB L'Oréal OREP.PA EPA 2 €136.10 132.00 137.85 86.80 26.5 4.91 5.13 5.68 Dec 82,279 1.8 HB Reckitt Benckiser RB.L LSE 3 4921.00p NM 4958.00 3274.00 18.0 268.00 273.00 290.00 Dec £35,236 2.9 HB

Luxury Goods Burberry BRBY.L LSE 3 1534.00p NM 1558.00 998.00 20.6 53.12 74.46 84.87 Mar £6,783 2.2 MW Christian Dior DIOR.PA EPA 2 €144.00 142.00 148.10 98.08 18.8 7.64 E 8.41 9.63 Dec 26,165 2.1 MW Ferragamo SFER.MI BIT 2 €24.78 27.00 25.25 14.30 28.8 0.63 0.86 1.05 Dec 4,173 2.1 MW Hermes International HRMS.PA EPA 4 €281.75 225.00 283.20 207.70 36.4 6.94 7.73 8.72 Dec 29,744 1.1 MW LVMH LVMH.PA EPA 1 €140.35 163.00 143.40 111.00 19.4 6.70 7.23 8.12 Dec 71,287 2.3 MW PPR PRTP.PA EPA 3 €174.50 NM 179.80 106.35 16.2 10.50 10.76 12.37 Dec 21,982 3.1 MW Prada (er) 1913.HK HKG 3 HK$73.85 NM 84.75 42.25 NM 0.24 0.30 0.36 Jan €18,934 1.7 MW Richemont (er) CFR.VX SWF 1 CHF91.65 100.00 93.10 48.13 22.2 3.66 4.12 4.66 Mar 52,625 1.3 MW Swatch Group UHR.VX SWF 2 CHF577.50 600.00 602.00 341.70 17.3 27.12 33.38 37.59 Dec 31,168 1.4 MW Tod's Group TOD.MI BIT 3 €115.40 NM 116.80 68.55 22.9 4.73 5.04 5.85 Dec 3,532 2.4 MW

Foodservices Compass Group CPG.L LSE 3 901.50p NM 917.00 617.50 19.8 32.10 45.45 50.62 Sep £16,416 2.5 JR Edenred EDEN.PA EPA 2 €25.40 28.00 26.92 20.49 24.9 0.92 1.02 1.21 Dec 5,738 3.4 JR Sodexo EXHO.PA EPA 2 €68.18 70.00 74.91 56.61 25.1 3.48 2.72 3.77 Aug 10,711 2.0 JR

Retail Apparel H&M HMb.ST STO 4 SEK238.50 196.00 257.30 207.00 22.4 10.19 10.64 11.47 Nov 394,741 4.0 CL Inditex ITX.MC MAD 3 €98.61 NM 111.80 64.10 25.7 3.83 E 4.28 4.84 Jan 61,464 2.4 CL

Food Retail Ahold AHLN.AS AMS 2 €13.03 11.70 13.10 9.01 14.8 0.88 E 0.94 1.03 Dec 13,825 3.2 CL Carrefour CARR.PA EPA 3 €23.73 NM 24.42 12.87 17.0 1.30 1.40 1.61 Dec 16,830 2.7 CL Casino CASP.PA EPA 2 €83.26 92.00 86.80 61.69 15.1 5.03 5.53 6.48 Dec 9,381 3.9 CL Colruyt COLR.BR EBR 3 €40.58 NM 41.30 29.85 16.4 2.26 E 2.47 2.71 Mar 6,839 2.4 CL Delhaize DELB.BR EBR 3 €49.89 NM 50.86 25.59 14.9 2.63 3.35 4.56 Dec 5,085 2.1 CL Dia DIDA.MC MAD 3 €6.28 NM 6.37 3.32 19.0 0.29 0.33 0.38 Dec 4,266 2.4 CL Jeronimo Martins JMT.LS ELI 3 €16.90 NM 18.56 11.26 27.3 0.58 0.66 0.76 Dec 10,635 2.0 CL Metro MEOG.DE ETR 4 €27.64 21.00 27.88 19.52 10.9 1.89 1.82 2.08 Dec 8,955 3.6 CL Rallye GENC.PA EPA 1 €31.08 41.00 31.98 19.89 17.8 1.50 1.75 2.49 Dec 1,514 5.9 CL


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Consumer - EUR Sporting Goods Adidas ADSGn.DE ETR 2 €86.53 94.00 88.35 54.75 19.8 3.78 4.37 5.21 Dec 18,104 1.7 CL Puma PUMG.DE ETR 4 €228.65 230.00 252.40 209.05 17.4 13.12 13.82 15.63 Dec 3,448 0.8 CL

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Consumer - LAT Francisco Pereyra [email protected] Federico Rey Marino [email protected]

Retail & Consumer Goods Cencosud SA CENCOSUD SN 3 G Ch$2601.10 NM 3085.00 2457.24 25.0 104.10 E 121.90 NA Dec Ch$6,609,135 0.8 FP Falabella SA FALAB SN 3 G Ch$5511.00 NM 5770.00 4325.00 31.2 154.00 218.80 259.30 Dec Ch$13,329,731 1.1 FP Ripley Corp S.A. RIPLEY SN 3 TR Ch$477.02 NM 548.43 405.12 19.9 23.98 E 24.45 44.78 Dec Ch$923,535 1.2 FP


Energy

USA Canada Europe

Alternative Energy and Clean Technology .................. 28 Fuels and Chemicals ................................................ 28 Power ...................................................................... 28

Exploration and Production ........................................ 29 Integrated Majors and Refiners .................................. 31

Independent Refiners .............................................. 31 Integrated Oil and Gas ............................................. 31

Midstream Suppliers................................................... 32 Oilfield Services .......................................................... 33

Compression ............................................................ 33 Diversified Oilfield Services ..................................... 33 Manufacturing & Fabrication .................................. 33 Offshore Construction/Transportation.................... 33 Offshore Drillers ...................................................... 33 Onshore Drillers ....................................................... 34 Production/Workover/Miscellaneous ..................... 34

Other - Energy ............................................................ 34

Alternative Energy & Clean Tech ................................ 34 Intermediate Oil & Gas Producers .............................. 35 Junior Oil & Gas Producers ......................................... 35 Oil & Gas Energy Services ........................................... 36

Contract Drillers ...................................................... 36 Facilities & Infrastructure ........................................ 36 Pressure Pumpers ................................................... 36 Well Site & Other Services ...................................... 36

Oil Sands & Producers ................................................ 36 Senior Oil & Gas Producers ........................................ 36

Integrated Majors and Refiners .................................. 37 Integrated Majors .................................................... 37

Oilfield Services ........................................................... 37 Diversified Oilfield Services ...................................... 37 Seismic ..................................................................... 37

Utilities ........................................................................ 37 Electricity & Gas ....................................................... 37 Environmental Services ............................................ 37

Latin America

Electric Utilities ........................................................... 38 Exploration and Production ........................................ 38 Gas Utility .................................................................... 38 Integrated Majors and Refiners .................................. 38

Integrated Majors .................................................... 38 Oilfield Services ..............................

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