UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2010 Check here if Amendment |_|; Amendment Number: This Amendment (Check only one.): |_| is a restatement. |_| adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Integrity Asset Management Address: 18500 Lake Road, Suite 300 Rocky River, OH 44116 Form 13F File Number: 028-11119 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Wayne Hall Title: Director of Operations Phone: 216-920-1750 Signature, Place, and Date of Signing: /s/ Wayne Hall Independence, OH 02-14-2011 --------------------- ------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one.): |_| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) |_| 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) |X| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F File Number Name -------------------- ---- 28-01190 Frank Russell Company Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: Form 13F Information Table Entry Total: 210 Form 13F Information Table Value Total: $ 3,155,993 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE <TABLE> <CAPTION> FORM 13F INFORMATION TABLE TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ----------- ---------- -------- ----------- --- ---- ------- ---------- ------- -------- ---------- <S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> AAR CORP COM 000361105 22398 815390.00 SH SOLE 683026.00 132364.00 ABM INDS INC COM COM 000957100 16391 623245.00 SH SOLE 493858.00 129387.00 ACTUANT CORP CL A NEW COM 00508X203 26371 990683.00 SH SOLE 776158.00 214525.00 AEROFLEX HOLDING CORP COM 007767106 9647 586470.00 SH SOLE 463117.00 123353.00 AFFILIATED MNGRS GRP COM COM 008252108 2714 27360.00 SH SOLE 19485.00 7875.00 ALBEMARLE CORP COM COM 012653101 12935 231896.00 SH SOLE 160400.00 71496.00 AMERICAN EAGLE OUTFITTERS COM 02553E106 8655 591646.00 SH SOLE 411945.00 179701.00 AMERICAN FINANCIAL GROUP COM 025932104 10824 335232.00 SH SOLE 229615.00 105617.00 AMERIGROUP CORP COM COM 03073T102 33055 752625.00 SH SOLE 597368.00 155257.00 AMERIPRISE FINL INC COM COM 03076C106 3353 58279.00 SH SOLE 41971.00 16308.00 AMTRUST FINANCIAL SERVICES COM 032359309 10727 613007.00 SH SOLE 516707.00 96300.00 ARCH CAPITAL GROUP LTD. COM G0450A105 16491 187294.00 SH SOLE 129654.00 57640.00 ARVINMERITOR INC COM COM 043353101 7203 351043.00 SH SOLE 240247.00 110796.00 ASSOCIATED ESTATE RLTY COM COM 045604105 16138 1055502.00 SH SOLE 888286.00 167216.00 ATLAS AIR WORLDWIDE HOLDINGS COM 049164205 18128 324717.00 SH SOLE 273779.00 50938.00 AVIAT NETWORKS INC. COM 05366Y102 11016 2172852.00 SH SOLE 1832426.00 340426.00 AVID TECHNOLOGY INC COM COM 05367P100 10767 616685.00 SH SOLE 487416.00 129269.00 BALDOR ELEC CO COM COM 057741100 35485 562910.00 SH SOLE 445900.00 117010.00 BE AEROSPACE INC COM COM 073302101 35850 968157.00 SH SOLE 752300.00 215857.00 BENCHMARK ELECTRONICS COM 08160H101 15532 855338.00 SH SOLE 670194.00 185144.00 BERRY PETROLEUM CO COM 085789105 30326 693966.00 SH SOLE 542279.00 151687.00 BIOMED REALTY TRUST COM COM 09063H107 13805 740228.00 SH SOLE 584971.00 155257.00 BMC SOFTWARE INC COM 055921100 3212 68139.00 SH SOLE 49023.00 19116.00 BOSTON SCIENTIFIC CORP COM 101137107 2817 372198.00 SH SOLE 269040.00 103158.00 BRAVO BRIO RESTAURANT GROUP COM 10567B109 4302 224455.00 SH SOLE 188471.00 35984.00 CALLAWAY GOLF CO COM COM 131193104 13607 1686173.00 SH SOLE 1335209.00 350964.00 CAMERON INTERNATIONAL CORP COM 13342B105 403 7952.00 SH SOLE 74.00 7878.00 CARDINAL FINANCIAL CORP COM 14149F109 14371 1235721.00 SH SOLE 963445.00 272276.00 CARPENTER TECHNOLOGY COM 144285103 34262 851462.00 SH SOLE 668709.00 182753.00 CASEYS GEN STORES COM COM 147528103 14496 341022.00 SH SOLE 287015.00 54007.00 CBS CORP. CLASS B COM 124857202 3473 182337.00 SH SOLE 146724.00 35613.00 CEC ENTERTAINMENT INC. COM 125137109 23089 594639.00 SH SOLE 471592.00 123047.00 CEDAR SHOPPING CENTERS INC COM 150602209 10387 1651426.00 SH SOLE 1309745.00 341681.00 CELANESE CORP COM 150870103 12759 309914.00 SH SOLE 215115.00 94799.00 CENTURYLINK INC. COM 156700106 3897 84409.00 SH SOLE 60669.00 23740.00 CERADYNE INC COM 156710105 21165 671290.00 SH SOLE 531227.00 140063.00 CIGNA CORP COM COM 125509109 3885 105997.00 SH SOLE 84884.00 21113.00 CINCINNATI BELL INC COM COM 171871106 7722 2758206.00 SH SOLE 2327149.00 431057.00 CLECO CORP NEW COM COM 12561W105 22879 743791.00 SH SOLE 594833.00 148958.00 CMS ENERGY CORP COM COM 125896100 10186 547671.00 SH SOLE 381273.00 166398.00 COGDELL SPENCER INC COM 19238U107 4975 857870.00 SH SOLE 721473.00 136397.00 COLONIAL PROPERTIES TRUST COM 195872106 9558 529550.00 SH SOLE 445610.00 83940.00 COMERICA INC COM COM 200340107 4316 102180.00 SH SOLE 73762.00 28418.00 COMPLETE PROD SVCS COM COM 20453E109 25906 876701.00 SH SOLE 689665.00 187036.00 COMTECH TELECOMMUNICATIONS COM 205826209 19180 691028.00 SH SOLE 544518.00 146510.00 CONSOLIDATED GRAPHICS COM COM 209341106 21720 448484.00 SH SOLE 357324.00 91160.00 CONTINENTAL RESOURCES INC/OK COM 212015101 4838 82225.00 SH SOLE 59244.00 22981.00 COOPER COS INC COM NEW COM 216648402 34127 605749.00 SH SOLE 477035.00 128714.00 COOPER TIRE & RUBBER COM 216831107 17371 736714.00 SH SOLE 586730.00 149984.00 CRACKER BARREL OLD COUNTRY STO COM 22410J106 14433 263522.00 SH SOLE 221818.00 41704.00 CRANE CO COM COM 224399105 26673 649458.00 SH SOLE 501918.00 147540.00 D.R. HORTON INC. COM 23331A109 5166 433090.00 SH SOLE 296830.00 136260.00 DEL MONTE FOODS CO COM COM 24522P103 5158 274400.00 SH SOLE 188091.00 86309.00 DEVELOPERS DIVERS RLTY COM COM 251591103 28562 2027132.00 SH SOLE 1591899.00 435233.00 DIAMONDROCK HOSPITALIT COM COM 252784301 39665 3305453.00 SH SOLE 2613819.00 691634.00 DIODES INC COM 254543101 16334 605196.00 SH SOLE 509376.00 95820.00 DR PEPPER SNAPPLE GROUP INC COM 26138E109 3064 87168.00 SH SOLE 63526.00 23642.00 DYCOM INDUSTRIES INC COM 267475101 22494 1525032.00 SH SOLE 1208194.00 316838.00 EATON CORP COM COM 278058102 3598 35450.00 SH SOLE 25464.00 9986.00 EDISON INTERNATIONAL COM 281020107 4362 113008.00 SH SOLE 81229.00 31779.00 EDUCATION REALTY TRUST COM 28140H104 20270 2608819.00 SH SOLE 2054309.00 554510.00 EL PASO ELECTRIC CO COM 283677854 26136 949378.00 SH SOLE 747152.00 202226.00 EMCOR GROUP COM 29084Q100 18824 649552.00 SH SOLE 503101.00 146451.00 ENTERCOM COMMUNICATIONS CORP COM 293639100 9584 827645.00 SH SOLE 698739.00 128906.00 EQUITY RESIDENTIAL COM 29476L107 3807 73293.00 SH SOLE 52889.00 20404.00 EXPRESS INC COM 30219E103 7087 376993.00 SH SOLE 297965.00 79028.00 FAIRCHILD SEMICND INTL COM COM 303726103 46721 2993077.00 SH SOLE 2350552.00 642525.00 FEDERAL REALTY INVS TRUST COM 313747206 6452 82798.00 SH SOLE 57780.00 25018.00 FIFTH THIRD BANCORP COM 316773100 3390 230942.00 SH SOLE 166230.00 64712.00 FIRST FINANCIAL BANCORP COM 320209109 28556 1545255.00 SH SOLE 1226041.00 319214.00 FIRST HORIZON NATIONAL CORP COM 320517105 3652 310088.00 SH SOLE 224254.00 85834.00 FMC CORP. COM 302491303 2810 35182.00 SH SOLE 25449.00 9733.00 FOREST LABORATORIES INC COM 345838106 4454 139292.00 SH SOLE 100859.00 38433.00 FPIC INSURANCE GROUP INC COM 302563101 13509 365517.50 SH SOLE 307938.00 57579.50 FULTON FINL CORP PA COM COM 360271100 14767 1428177.00 SH SOLE 1201728.00 226449.00 GANNETT INC COM COM 364730101 9845 652424.00 SH SOLE 456959.00 195465.00 GAYLORD ENTMT CO NEW COM COM 367905106 25227 701945.00 SH SOLE 555917.00 146028.00 GENERAL GROWTH PROPERTIES COM 370023103 2199 142097.00 SH SOLE 103731.00 38366.00 GENESCO INC COM 371532102 17175 458139.00 SH SOLE 385619.00 72520.00 GENESEE & WYO INC CL A COM 371559105 14323 270513.00 SH SOLE 227707.00 42806.00 GENWORTH FINANCIAL INC CL A COM 37247D106 8727 664217.00 SH SOLE 459841.00 204376.00 GREAT LAKES DREDGE & DOCK CO COM 390607109 7427 1007842.00 SH SOLE 795311.00 212531.00 GREENBRIER COMPANIES INC COM 393657101 14161 674672.00 SH SOLE 566718.00 107954.00 HANOVER INSURANCE GROUP INC COM 410867105 29138 623679.00 SH SOLE 492828.00 130851.00 HCP INC COM 40414L109 5078 138045.00 SH SOLE 100082.00 37963.00 HEALTH CARE REIT INC COM 42217K106 7400 155349.00 SH SOLE 106366.00 48983.00 HEALTH MGMT ASSOCIATES INC COM 421933102 32871 3445644.00 SH SOLE 2735891.00 709753.00 HEALTH NET INC COM COM 42222G108 12841 470549.00 SH SOLE 336079.00 134470.00 HELIX ENERGY SOLUTIONS GROUP COM 42330P107 17303 1425293.00 SH SOLE 1111763.00 313530.00 HEXCEL CORP COM 428291108 17277 955059.00 SH SOLE 749843.00 205216.00 HIGHWOODS PPTYS INC COM COM 431284108 22072 693006.00 SH SOLE 552473.00 140533.00 ICU MEDICAL INC COM 44930G107 9630 263838.00 SH SOLE 222147.00 41691.00 IDACORP COM 451107106 23353 631518.00 SH SOLE 502999.00 128519.00 INGRAM MICRO INC-CL A COM 457153104 13611 712994.00 SH SOLE 496223.00 216771.00 INLAND REAL ESTATE CORP COM 457461200 24443 2777704.00 SH SOLE 2211584.00 566120.00 INNOPHOS HOLDINGS INC COM 45774N108 27735 768717.00 SH SOLE 603958.00 164759.00 INTEGRATED DEVICE TECH COM COM 458118106 26920 4042058.00 SH SOLE 3164588.00 877470.00 INVACARE CORP COM 461203101 19055 631803.00 SH SOLE 494053.00 137750.00 INVESCO LTD. COM G491BT108 2779 115508.00 SH SOLE 84111.00 31397.00 ISLE OF CAPRI CASINOS COM 464592104 7647 748336.00 SH SOLE 626637.00 121699.00 ITT INDS INC IND COM COM 450911102 3741 71791.00 SH SOLE 52024.00 19767.00 JANUS CAPITAL GROUP INC. COM 47102X105 2202 169820.00 SH SOLE 123993.00 45827.00 JB HUNT TRANSPRT SVCS COM 445658107 2965 72661.00 SH SOLE 52632.00 20029.00 JDA SOFTWARE GROUP COM 46612K108 33276 1188451.00 SH SOLE 934139.00 254312.00 JOY GLOBAL INC COM COM 481165108 9953 114742.00 SH SOLE 79933.00 34809.00 KANSAS CITY SOUTHERN COM 485170302 2984 62368.00 SH SOLE 45441.00 16927.00 KEY ENERGY SVCS INC COM COM 492914106 52581 4050977.00 SH SOLE 3185187.00 865790.00 KEYCORP NEW COM COM 493267108 12350 1395560.00 SH SOLE 974395.00 421165.00 KINDRED HEALTHCARE INC. COM 494580103 9671 526507.00 SH SOLE 441547.00 84960.00 KING PHARMACEUTICALS COM COM 495582108 19347 1377070.00 SH SOLE 1069762.00 307308.00 KODIAK OIL & GAS CORP. COM 50015Q100 20556 3114685.00 SH SOLE 2451222.00 663463.00 LAWSON SOFTWARE INC COM COM 52078P102 21612 2336498.00 SH SOLE 1834176.00 502322.00 LEXINGTON REALTY TRUST COM 529043101 20951 2635455.00 SH SOLE 2089260.00 546195.00 LIFEPOINT HOSPITALS COM 53219L109 18271 497182.00 SH SOLE 416998.00 80184.00 LINCOLN NATL CORP IND COM COM 534187109 4300 154621.00 SH SOLE 111920.00 42701.00 LORILLARD INC COM COM 544147101 2194 26745.00 SH SOLE 21420.00 5325.00 LUFKIN INDUSTRIES INC. COM 549764108 19281 309043.00 SH SOLE 242973.00 66070.00 MACY'S INC COM 55616P104 2820 111498.00 SH SOLE 79651.00 31847.00 MAGELLAN HEALTH SVCS COM NEW COM 559079207 37970 803099.00 SH SOLE 633300.00 169799.00 MB FINANCIAL INC COM 55264U108 1222 70600.00 SH SOLE 59726.00 10874.00 MDU RESOURCES GROUP COM 552690109 8500 419366.00 SH SOLE 291559.00 127807.00 MEDIA GEN INC CL A COM 584404107 1198 207394.00 SH SOLE 176436.00 30958.00 MEDICIS PARMACEUTICAL COM 584690309 9207 343684.00 SH SOLE 289237.00 54447.00 MENTOR GRAPHICS CORP COM 587200106 17511 1459314.00 SH SOLE 1226217.00 233097.00 MGIC INVT CORP WIS COM COM 552848103 11177 1096873.00 SH SOLE 763552.00 333321.00 MUELLER WATER PRODUCTS INC - A COM 624758108 13510 3239932.00 SH SOLE 2553965.00 685967.00 NATIONAL PENN BANCSHARES COM 637138108 30202 3761158.00 SH SOLE 2987403.00 773755.00 NATIONAL RETAIL PROPERTIES COM 637417106 19104 720943.00 SH SOLE 582364.00 138579.00 NEW JERSEY RES COM COM 646025106 24185 561023.00 SH SOLE 445061.00 115962.00 NEWFIELD EXPL CO COM COM 651290108 3095 42928.00 SH SOLE 31212.00 11716.00 NEWPARK RES INC COM PAR $.01NE COM 651718504 12184 1977973.00 SH SOLE 1580787.00 397186.00 NORTHEAST UTILS COM COM 664397106 18931 593836.00 SH SOLE 413080.00 180756.00 NV ENERGY INC COM 67073Y106 9271 659908.00 SH SOLE 458940.00 200968.00 OFFICEMAX INC DEL COM COM 67622P101 25774 1456190.00 SH SOLE 1141886.00 314304.00 OLD DOMINION FREIGHT LINE COM 679580100 23256 727007.50 SH SOLE 574931.50 152076.00 OMNOVA SOLUTIONS INC COM COM 682129101 6947 831037.00 SH SOLE 699240.00 131797.00 PACIFIC CONTINENTAL CORP COM 69412V108 7221 717885.00 SH SOLE 604325.00 113560.00 PACWEST BANCORP COM 695263103 14853 694760.00 SH SOLE 584532.00 110228.00 PAETEC HOLDING CORP COM 695459107 7164 1915752.00 SH SOLE 1615030.00 300722.00 PARAMETRIC TECHNOLOGY COM 699173209 35982 1597085.00 SH SOLE 1266239.00 330846.00 PARKER HANNIFIN CORP COM 701094104 4461 51700.00 SH SOLE 37320.00 14380.00 PENN NATL GAMING INC COM COM 707569109 18181 517244.00 SH SOLE 368037.00 149207.00 PENN REAL ESTATE INVESTMENT TR COM 709102107 12835 883403.00 SH SOLE 699415.00 183988.00 PENNEY J C INC COM COM 708160106 2665 82485.00 SH SOLE 59434.00 23051.00 PERKINELMER INC COM COM 714046109 11519 446131.00 SH SOLE 310732.00 135399.00 PETROLEUM DEVELOPMENT CORP COM 716578109 26942 637683.00 SH SOLE 497304.00 140379.00 PHOTRONICS INC COM COM 719405102 10947 1852413.00 SH SOLE 1558956.00 293457.00 PLEXUS CORP. COM 729132100 22908 740429.00 SH SOLE 585042.00 155387.00 PNM RESOURCES INC COM 69349H107 23240 1784970.00 SH SOLE 1434684.00 350286.00 POST PPTYS INC COM COM 737464107 29536 813690.00 SH SOLE 654425.00 159265.00 QUAKER CHEMICAL CORP. COM 747316107 13544 325036.00 SH SOLE 273789.00 51247.00 QWEST COMMUNICATIONS INTL COM 749121109 4676 614482.00 SH SOLE 443127.00 171355.00 RADIAN GROUP INC COM COM 750236101 15441 1913489.00 SH SOLE 1610190.00 303299.00 RC2 CORP COM COM 749388104 9049 415673.00 SH SOLE 350725.00 64948.00 RLI CORP COM COM 749607107 14064 267533.00 SH SOLE 225156.00 42377.00 ROBBINS & MYERS COM 770196103 16664 465755.00 SH SOLE 392915.00 72840.00 ROCKWOOD HOLDINGS INC COM 774415103 24436 624648.00 SH SOLE 493857.00 130791.00 RTI INTERNATIONAL METALS COM 74973W107 16476 610709.00 SH SOLE 480003.00 130706.00 RUDDICK CORP COM COM 781258108 21194 575299.00 SH SOLE 484666.00 90633.00 RYLAND GROUP INC COM 783764103 19240 1129816.00 SH SOLE 877223.00 252593.00 SAPIENT CORPORATION COM 803062108 18981 1568730.00 SH SOLE 1255456.00 313274.00 SCHNITZER STEEL INDS INC-A COM 806882106 27719 417527.00 SH SOLE 326176.00 91351.00 SEACOAST BANKING CORP COM 811707306 2863 1961606.00 SH SOLE 1652970.00 308636.00 SEAGATE TECHNOLOGY COM G7945M107 2587 172154.00 SH SOLE 124586.00 47568.00 SEMPRA ENERGY COM COM 816851109 3012 57401.00 SH SOLE 41285.00 16116.00 SMITHFIELD FOODS INC COM COM 832248108 3431 166337.00 SH SOLE 120301.00 46036.00 SMUCKER J M CO COM NEW COM 832696405 2762 42080.00 SH SOLE 30288.00 11792.00 SOLUTIA INC COM 834376501 27671 1198922.00 SH SOLE 948604.00 250318.00 SPECTRA ENERGY CORP COM 847560109 2881 115319.00 SH SOLE 83421.00 31898.00 SPIRIT AEROSYSTEMS HOLDINGS COM 848574109 11058 531402.00 SH SOLE 369894.00 161508.00 STAGE STORES INC. COM 85254C305 21286 1227607.00 SH SOLE 1034033.00 193574.00 STANDEX INTERNATIONAL CORP COM 854231107 9239 308897.00 SH SOLE 260580.00 48317.00 STANLEY BLACK & DECKER INC COM 854502101 3822 57165.00 SH SOLE 41388.00 15777.00 SUNSTONE HOTL INVS INC COM COM 867892101 27060 2619582.00 SH SOLE 2067952.00 551630.00 SUSQUEHANNA BKSHS PA COM COM 869099101 27405 2831166.00 SH SOLE 2249617.00 581549.00 TEKELEC COM 879101103 17475 1467258.00 SH SOLE 1160772.00 306486.00 TENNECO INC. COM 880349105 26560 645300.00 SH SOLE 509859.00 135441.00 TETRA TECH INC NEW COM COM 88162G103 22352 891946.00 SH SOLE 708306.00 183640.00 THE JONES GROUP INC. COM 48020T101 14751 949273.00 SH SOLE 749653.00 199620.00 TREEHOUSE FOODS INC. COM 89469A104 42387 829661.00 SH SOLE 655615.00 174046.00 TRUSTMARK CORP COM COM 898402102 23885 961574.00 SH SOLE 774401.00 187173.00 TRW AUTOMOTIVE HLDGS COM COM 87264S106 12512 237429.00 SH SOLE 164408.00 73021.00 TTM TECHNOLOGIES COM 87305R109 23680 1587185.00 SH SOLE 1235259.00 351926.00 U STORE IT TR COM COM 91274F104 25053 2628889.00 SH SOLE 2084567.00 544322.00 UGI CORP COM 902681105 18347 580992.00 SH SOLE 403465.00 177527.00 UIL HLDG CORP COM COM 902748102 9484 316583.00 SH SOLE 266490.00 50093.00 UNITED CONTINENTAL HOLDINGS IN COM 910047109 8198 344187.00 SH SOLE 239510.00 104677.00 UNIVERSAL HLTH SVCS CL B COM 913903100 14453 332870.00 SH SOLE 236416.00 96454.00 UNUM GROUP COM 91529Y106 3469 143230.00 SH SOLE 103428.00 39802.00 URANIUM ENERGY CORP COM 916896103 6853 1134750.00 SH SOLE 954980.00 179770.00 VECTREN CORP COM COM 92240G101 18805 740944.00 SH SOLE 578335.00 162609.00 VEECO INSTRUMENTS INC. COM 922417100 7013 163250.00 SH SOLE 137968.00 25282.00 WABASH NATIONAL CORP. COM 929566107 17503 1477048.00 SH SOLE 1243030.00 234018.00 WABCO HOLDINGS INC COM 92927K102 2790 45803.00 SH SOLE 33100.00 12703.00 WADDELL & REED FINL CL A COM 930059100 21568 611180.00 SH SOLE 475932.00 135248.00 WASHINGTON REAL ESTATE INV. COM 939653101 13789 444968.00 SH SOLE 364687.00 80281.00 WATSON PHARMACEUTICALS COM COM 942683103 3584 69408.00 SH SOLE 55810.00 13598.00 WEATHERFORD INTL LTD COM COM H27013103 3644 159851.00 SH SOLE 128538.00 31313.00 WESTERN ALLIANCE BANCORP COM 957638109 20921 2842609.00 SH SOLE 2249754.00 592855.00 WHITING PETROLEUM CORP. COM 966387102 10142 86548.00 SH SOLE 60126.00 26422.00 WHITNEY HLDG CORP COM COM 966612103 47489 3356136.00 SH SOLE 2633148.00 722988.00 WINTRUST FINANCIAL CORP COM 97650W108 30662 928327.00 SH SOLE 733677.00 194650.00 WISCONSIN ENERGY CORP COM COM 976657106 15775 268010.00 SH SOLE 186254.00 81756.00 WORLD ACCEPTANCE CORP COM 981419104 20105 380794.00 SH SOLE 300986.00 79808.00 WORTHINGTON INDUSTRIES COM 981811102 9509 516842.00 SH SOLE 434907.00 81935.00 WYNDHAM WORLDWIDE CORP COM 98310W108 12260 409230.00 SH SOLE 292057.00 117173.00 XCEL ENERGY INC. COM 98389B100 4090 173712.00 SH SOLE 124820.00 48892.00 XEROX CORP. COM 984121103 3320 288219.00 SH SOLE 208335.00 79884.00 XL GROUP PLC COM G98290102 2692 123418.00 SH SOLE 88479.00 34939.00 ZIONS BANK CORPORATION COM 989701107 19080 787462.00 SH SOLE 592524.00 194938.00 </TABLE>