| 1. The Progressive Corp. |
6.71% |
| 2. Ryanair Holdings PLC, ADR |
6.19% |
| 3. Research In Motion Ltd. |
5.90% |
| 4. International Rectifier Corp. |
5.74% |
| 5. WellPoint Inc. |
5.74% |
| 6. International Game Technology |
5.12% |
| 7. Willis Group Holdings PLC |
4.84% |
| 8. Western Union Co. |
4.38% |
| 9. Hughes Communications Inc. |
4.14% |
| 10. Wells Fargo & Co. |
4.01% |
| % of Portfolio |
52.79% |