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<SEC-DOCUMENT>0001085146-10-000639.txt : 20100809
<SEC-HEADER>0001085146-10-000639.hdr.sgml : 20100809
<ACCEPTANCE-DATETIME>20100806174959
ACCESSION NUMBER:		0001085146-10-000639
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100630
FILED AS OF DATE:		20100809
DATE AS OF CHANGE:		20100806
EFFECTIVENESS DATE:		20100809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MAPLE SECURITIES USA INC
		CENTRAL INDEX KEY:			0001277275
		IRS NUMBER:				133719140
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-10660
		FILM NUMBER:		10999516

	BUSINESS ADDRESS:	
		STREET 1:		10 EXCHANGE PL
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07302
		BUSINESS PHONE:		2013695000

	MAIL ADDRESS:	
		STREET 1:		10 EXCHANGE PLACE
		STREET 2:		26 TH FL
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07302
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>mapl2q10.txt
<DESCRIPTION>MAPLE SECURITIES USA
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    Form 13F

                              Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: June 30, 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:    Maple Securities USA Inc.
Address: 10 Exchange Place, 26th Floor
         Jersey City, NJ  07302

13F File Number:  28-10660

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:      John Malosky
Title:     CEO / President
Phone:     201-369-3020

Signature, Place, and Date of Signing:

  /s/  John Malosky     Jersey City, NJ     August 06, 2010

Report Type (Check only one.):

[ X]         13F HOLDINGS REPORT.

[  ]         13F NOTICE.

[  ]         13F COMBINATION REPORT.

<PAGE>

                              FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    347

Form 13F Information Table Value Total:    $207,637 (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.

NONE

<PAGE>

<TABLE>                       <C>             <C>
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER            VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS                    COM              002824100     1245    26612 SH       SOLE                    26612        0        0
ADOBE SYS INC                  COM              00724F101     1542    58344 SH       SOLE                    58344        0        0
AETNA INC NEW                  COM              00817Y108      257     9741 SH       SOLE                     9741        0        0
AFLAC INC                      COM              001055102      367     8600 SH       SOLE                     8600        0        0
AGILENT TECHNOLOGIES INC       COM              00846U101      326    11474 SH       SOLE                    11474        0        0
AGRIUM INC                     COM              008916108      215     4400 SH       SOLE                     4400        0        0
AIR PRODS & CHEMS INC          COM              009158106     1107    17081 SH       SOLE                    17081        0        0
AIRGAS INC                     COM              009363102      504     8100 SH       SOLE                     8100        0        0
ALEXANDRIA REAL ESTATE EQ IN   COM              015271109      298     4700 SH       SOLE                     4700        0        0
ALLEGHENY ENERGY INC           COM              017361106      662    32000 SH       SOLE                    32000        0        0
ALLEGHENY TECHNOLOGIES INC     COM              01741R102      243     5510 SH       SOLE                     5510        0        0
ALLIANCE DATA SYSTEMS CORP     COM              018581108      411     6900 SH       SOLE                     6900        0        0
ALLSTATE CORP                  COM              020002101      500    17400 SH       SOLE                    17400        0        0
AMB PROPERTY CORP              COM              00163T109      557    23500 SH       SOLE                    23500        0        0
AMERICA MOVIL SAB DE CV        SPON ADR L SHS   02364W105      418     8800 SH       SOLE                     8800        0        0
AMERICAN CAMPUS CMNTYS INC     COM              024835100      488    17900 SH       SOLE                    17900        0        0
AMERICAN EAGLE OUTFITTERS NE   COM              02553E106      160    13646 SH       SOLE                    13646        0        0
AMERIGROUP CORP                COM              03073T102      214     6600 SH       SOLE                     6600        0        0
ANALOG DEVICES INC             COM              032654105     1326    47583 SH       SOLE                    47583        0        0
ANGLOGOLD ASHANTI LTD          SPONSORED ADR    035128206      225     5200 SH       SOLE                     5200        0        0
APACHE CORP                    COM              037411105     1002    11904 SH       SOLE                    11904        0        0
APTARGROUP INC                 COM              038336103      246     6509 SH       SOLE                     6509        0        0
ARCH COAL INC                  COM              039380100      206    10389 SH       SOLE                    10389        0        0
ASML HOLDING N V               NY REG SHS       N07059186      730    26582 SH       SOLE                    26582        0        0
AT&T INC                       COM              00206R102     1145    47327 SH       SOLE                    47327        0        0
AUTODESK INC                   COM              052769106      543    22278 SH       SOLE                    22278        0        0
AUTOLIV INC                    COM              052800109      234     4900 SH       SOLE                     4900        0        0
AVALONBAY CMNTYS INC           COM              053484101      355     3800 SH       SOLE                     3800        0        0
AVERY DENNISON CORP            COM              053611109      625    19447 SH       SOLE                    19447        0        0
AXIS CAPITAL HOLDINGS          SHS              G0692U109     1157    38922 SH       SOLE                    38922        0        0
BALLY TECHNOLOGIES INC         COM              05874B107      233     7205 SH       SOLE                     7205        0        0
BANK OF NEW YORK MELLON CORP   COM              064058100      289    11700 SH       SOLE                    11700        0        0
BARNES & NOBLE INC             COM              067774109      181    14000 SH       SOLE                    14000        0        0
BAXTER INTL INC                COM              071813109     1596    39280 SH       SOLE                    39280        0        0
BB&T CORP                      COM              054937107      242     9200 SH       SOLE                     9200        0        0
BECTON DICKINSON & CO          COM              075887109      972    14375 SH       SOLE                    14375        0        0
BED BATH & BEYOND INC          COM              075896100      928    25028 SH       SOLE                    25028        0        0
BELDEN INC                     COM              077454106      280    12710 SH       SOLE                    12710        0        0
BEMIS INC                      COM              081437105      231     8564 SH       SOLE                     8564        0        0
BEST BUY INC                   COM              086516101      441    13023 SH       SOLE                    13023        0        0
BHP BILLITON PLC               SPONSORED ADR    05545E209      211     4100 SH       SOLE                     4100        0        0
BMC SOFTWARE INC               COM              055921100      401    11584 SH       SOLE                    11584        0        0
BOEING CO                      COM              097023105      230     3671 SH       SOLE                     3671        0        0
BOSTON PROPERTIES INC          COM              101121101      492     6900 SH       SOLE                     6900        0        0
BOWNE & CO INC                 COM              103043105      721    64253 SH       SOLE                    64253        0        0
BOYD GAMING CORP               COM              103304101      179    21115 SH       SOLE                    21115        0        0
BRE PROPERTIES INC             CL A             05564E106      761    20600 SH       SOLE                    20600        0        0
BRINKER INTL INC               COM              109641100      510    35295 SH       SOLE                    35295        0        0
BROOKLINE BANCORP INC DEL      COM              11373M107      106    11900 SH       SOLE                    11900        0        0
BURGER KING HLDGS INC          COM              121208201      784    46574 SH       SOLE                    46574        0        0
CA INC                         COM              12673P105     1744    94800 SH       SOLE                    94800        0        0
CALIFORNIA PIZZA KITCHEN INC   COM              13054D109      160    10563 SH       SOLE                    10563        0        0
CAMDEN PPTY TR                 SH BEN INT       133131102      625    15300 SH       SOLE                    15300        0        0
CANADIAN PAC RY LTD            COM              13645T100      864    16114 SH       SOLE                    16114        0        0
CAREER EDUCATION CORP          COM              141665109      235    10222 SH       SOLE                    10222        0        0
CARTER INC                     COM              146229109      303    11545 SH       SOLE                    11545        0        0
CB RICHARD ELLIS GROUP INC     CL A             12497T101      222    16300 SH       SOLE                    16300        0        0
CBS CORP NEW                   CL B             124857202     1284    99300 SH       SOLE                    99300        0        0
CENTERPOINT ENERGY INC         COM              15189T107      350    26602 SH       SOLE                    26602        0        0
CERNER CORP                    COM              156782104      433     5700 SH       SOLE                     5700        0        0
CHEESECAKE FACTORY INC         COM              163072101     1621    72842 SH       SOLE                    72842        0        0
CHEVRON CORP NEW               COM              166764100      301     4433 SH       SOLE                     4433        0        0
CHILDRENS PL RETAIL STORES I   COM              168905107      251     5700 SH       SOLE                     5700        0        0
CHINA FIRE & SEC GROUP INC     COM              16938R103      153    16700 SH       SOLE                    16700        0        0
CHINA MOBILE LIMITED           SPONSORED ADR    16941M109      603    12200 SH       SOLE                    12200        0        0
CHINA PETE & CHEM CORP         SPON ADR H SHS   16941R108      233     2900 SH       SOLE                     2900        0        0
CHINA UNICOM (HONG KONG) LTD   SPONSORED ADR    16945R104      166    12500 SH       SOLE                    12500        0        0
CHUBB CORP                     COM              171232101     1611    32218 SH       SOLE                    32218        0        0
CHURCH & DWIGHT INC            COM              171340102     1393    22220 SH       SOLE                    22220        0        0
CINEMARK HOLDINGS INC          COM              17243V102      161    12206 SH       SOLE                    12206        0        0
CISCO SYS INC                  COM              17275R102      214    10052 SH       SOLE                    10052        0        0
CLARCOR INC                    COM              179895107      224     6300 SH       SOLE                     6300        0        0
COACH INC                      COM              189754104      688    18837 SH       SOLE                    18837        0        0
COMCAST CORP NEW               CL A SPL         20030N200      729    44360 SH       SOLE                    44360        0        0
COMPASS MINERALS INTL INC      COM              20451N101      527     7500 SH       SOLE                     7500        0        0
COMPUTER SCIENCES CORP         COM              205363104     2474    54679 SH       SOLE                    54679        0        0
CONAGRA FOODS INC              COM              205887102      243    10410 SH       SOLE                    10410        0        0
CONMED CORP                    COM              207410101      203    10900 SH       SOLE                    10900        0        0
CONSOL ENERGY INC              COM              20854P109      287     8515 SH       SOLE                     8515        0        0
COOPER INDUSTRIES PLC          SHS              G24140108      338     7693 SH       SOLE                     7693        0        0
CORINTHIAN COLLEGES INC        COM              218868107      110    11199 SH       SOLE                    11199        0        0
CORPORATE OFFICE PPTYS TR      SH BEN INT       22002T108      223     5900 SH       SOLE                     5900        0        0
COUSINS PPTYS INC              COM              222795106      150    22200 SH       SOLE                    22200        0        0
CROWN CASTLE INTL CORP         COM              228227104     1839    49360 SH       SOLE                    49360        0        0
CSX CORP                       COM              126408103     1365    27495 SH       SOLE                    27495        0        0
CULLEN FROST BANKERS INC       COM              229899109      303     5900 SH       SOLE                     5900        0        0
CUMMINS INC                    COM              231021106      410     6297 SH       SOLE                     6297        0        0
CYBERSOURCE CORP               COM              23251J106     2119    83000 SH       SOLE                    83000        0        0
DCT INDUSTRIAL TRUST INC       COM              233153105      107    23600 SH       SOLE                    23600        0        0
DEERE & CO                     COM              244199105      340     6100 SH       SOLE                     6100        0        0
DELL INC                       COM              24702R101      188    15600 SH       SOLE                    15600        0        0
DENTSPLY INTL INC NEW          COM              249030107      863    28851 SH       SOLE                    28851        0        0
DEVON ENERGY CORP NEW          COM              25179M103      597     9800 SH       SOLE                     9800        0        0
DICKS SPORTING GOODS INC       COM              253393102      233     9350 SH       SOLE                     9350        0        0
DIGITAL RIV INC                COM              25388B104      292    12200 SH       SOLE                    12200        0        0
DIRECTV                        COM CL A         25490A101     1758    51821 SH       SOLE                    51821        0        0
DISH NETWORK CORP              CL A             25470M109      600    33050 SH       SOLE                    33050        0        0
DIVX INC                       COM              255413106      973   127000 SH       SOLE                   127000        0        0
DOMINION RES INC VA NEW        COM              25746U109      513    13241 SH       SOLE                    13241        0        0
DOW CHEM CO                    COM              260543103      325    13698 SH       SOLE                    13698        0        0
DST SYS INC DEL                COM              233326107      501    13867 SH       SOLE                    13867        0        0
DUPONT FABROS TECHNOLOGY INC   COM              26613Q106      219     8900 SH       SOLE                     8900        0        0
DYNEGY INC DEL                 COM              26817G300       43    11113 SH       SOLE                    11113        0        0
EASTMAN CHEM CO                COM              277432100     1233    23114 SH       SOLE                    23114        0        0
EATON CORP                     COM              278058102     1933    29545 SH       SOLE                    29545        0        0
EDISON INTL                    COM              281020107      822    25930 SH       SOLE                    25930        0        0
EL PASO CORP                   COM              28336L109      313    28200 SH       SOLE                    28200        0        0
EMERGENCY MEDICAL SVCS CORP    CL A             29100P102      221     4500 SH       SOLE                     4500        0        0
EMERSON ELEC CO                COM              291011104      721    16511 SH       SOLE                    16511        0        0
ENTERGY CORP NEW               COM              29364G103      384     5364 SH       SOLE                     5364        0        0
EQT CORP                       COM              26884L109      649    17958 SH       SOLE                    17958        0        0
EQUINIX INC                    COM NEW          29444U502      364     4480 SH       SOLE                     4480        0        0
EQUITY LIFESTYLE PPTYS INC     COM              29472R108      348     7211 SH       SOLE                     7211        0        0
EQUITY RESIDENTIAL             SH BEN INT       29476L107      629    15100 SH       SOLE                    15100        0        0
ESSEX PPTY TR INC              COM              297178105      472     4843 SH       SOLE                     4843        0        0
ETHAN ALLEN INTERIORS INC      COM              297602104      206    14700 SH       SOLE                    14700        0        0
EVEREST RE GROUP LTD           COM              G3223R108      392     5539 SH       SOLE                     5539        0        0
EXPRESS SCRIPTS INC            COM              302182100     1783    37915 SH       SOLE                    37915        0        0
EXXON MOBIL CORP               COM              30231G102      287     5032 SH       SOLE                     5032        0        0
F M C CORP                     COM NEW          302491303      391     6800 SH       SOLE                     6800        0        0
FEDERAL REALTY INVT TR         SH BEN INT NEW   313747206      766    10897 SH       SOLE                    10897        0        0
FEDEX CORP                     COM              31428X106      260     3703 SH       SOLE                     3703        0        0
FIRSTMERIT CORP                COM              337915102      256    14923 SH       SOLE                    14923        0        0
FLEXTRONICS INTL LTD           ORD              Y2573F102      109    19548 SH       SOLE                    19548        0        0
FORESTAR GROUP INC             COM              346233109      226    12600 SH       SOLE                    12600        0        0
FORMFACTOR INC                 COM              346375108      117    10800 SH       SOLE                    10800        0        0
FOSTER WHEELER AG              COM              H27178104      289    13703 SH       SOLE                    13703        0        0
FRANKLIN RES INC               COM              354613101      328     3800 SH       SOLE                     3800        0        0
FRANKLIN STREET PPTYS CORP     COM              35471R106      226    19100 SH       SOLE                    19100        0        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857      773    13066 SH       SOLE                    13066        0        0
FRONTIER COMMUNICATIONS CORP   COM              35906A108      156    21900 SH       SOLE                    21900        0        0
GAP INC DEL                    COM              364760108      346    17762 SH       SOLE                    17762        0        0
GENERAL DYNAMICS CORP          COM              369550108     1728    29513 SH       SOLE                    29513        0        0
GENERAL MARITIME CORP NEW      SHS              Y2693R101       74    12300 SH       SOLE                    12300        0        0
GENERAL MLS INC                COM              370334104      931    26198 SH       SOLE                    26198        0        0
GENOPTIX INC                   COM              37243V100      193    11200 SH       SOLE                    11200        0        0
GENTEX CORP                    COM              371901109      911    50682 SH       SOLE                    50682        0        0
GLAXOSMITHKLINE PLC            SPONSORED ADR    37733W105     2096    61628 SH       SOLE                    61628        0        0
GOLD FIELDS LTD NEW            SPONSORED ADR    38059T106      540    40400 SH       SOLE                    40400        0        0
GOOGLE INC                     CL A             38259P508      868     1951 SH       SOLE                     1951        0        0
GRAINGER W W INC               COM              384802104      308     3100 SH       SOLE                     3100        0        0
GREAT PLAINS ENERGY INC        COM              391164100      868    50991 SH       SOLE                    50991        0        0
HARSCO CORP                    COM              415864107     1706    72593 SH       SOLE                    72593        0        0
HCP INC                        COM              40414L109      671    20800 SH       SOLE                    20800        0        0
HEALTH CARE REIT INC           COM              42217K106      665    15800 SH       SOLE                    15800        0        0
HEALTHCARE RLTY TR             COM              421946104      224    10200 SH       SOLE                    10200        0        0
HEARTLAND EXPRESS INC          COM              422347104      204    14039 SH       SOLE                    14039        0        0
HERSHEY CO                     COM              427866108      374     7800 SH       SOLE                     7800        0        0
HEWLETT PACKARD CO             COM              428236103      247     5713 SH       SOLE                     5713        0        0
HIGHWOODS PPTYS INC            COM              431284108      541    19500 SH       SOLE                    19500        0        0
HOME DEPOT INC                 COM              437076102      811    28900 SH       SOLE                    28900        0        0
HOME PROPERTIES INC            COM              437306103      676    15000 SH       SOLE                    15000        0        0
HONDA MOTOR LTD                AMERN SHS        438128308      289    10050 SH       SOLE                    10050        0        0
HORSEHEAD HLDG CORP            COM              440694305      184    24300 SH       SOLE                    24300        0        0
HOST HOTELS & RESORTS INC      COM              44107P104      237    17600 SH       SOLE                    17600        0        0
IBERIABANK CORP                COM              450828108      227     4400 SH       SOLE                     4400        0        0
ILLINOIS TOOL WKS INC          COM              452308109      410     9924 SH       SOLE                     9924        0        0
INFINERA CORPORATION           COM              45667G103       83    12900 SH       SOLE                    12900        0        0
INGERSOLL-RAND PLC             SHS              G47791101      424    12301 SH       SOLE                    12301        0        0
INGRAM MICRO INC               CL A             457153104      198    13011 SH       SOLE                    13011        0        0
INTEGRATED DEVICE TECHNOLOGY   COM              458118106      149    30029 SH       SOLE                    30029        0        0
INTEL CORP                     COM              458140100      466    23950 SH       SOLE                    23950        0        0
INTERCONTINENTALEXCHANGE INC   COM              45865V100      249     2200 SH       SOLE                     2200        0        0
INTERMEC INC                   COM              458786100      174    17000 SH       SOLE                    17000        0        0
INTERNATIONAL FLAVORS&FRAGRA   COM              459506101      580    13662 SH       SOLE                    13662        0        0
INTERPUBLIC GROUP COS INC      COM              460690100      174    24400 SH       SOLE                    24400        0        0
INTUIT                         COM              461202103      282     8100 SH       SOLE                     8100        0        0
JACOBS ENGR GROUP INC DEL      COM              469814107     1153    31649 SH       SOLE                    31649        0        0
JO-ANN STORES INC              COM              47758P307      394    10500 SH       SOLE                    10500        0        0
JOHNSON & JOHNSON              COM              478160104      460     7790 SH       SOLE                     7790        0        0
JONES APPAREL GROUP INC        COM              480074103      903    56996 SH       SOLE                    56996        0        0
JONES LANG LASALLE INC         COM              48020Q107      381     5800 SH       SOLE                     5800        0        0
KAYDON CORP                    COM              486587108      228     6951 SH       SOLE                     6951        0        0
KAYNE ANDERSON MLP INVSMNT C   COM              486606106      372    14200 SH       SOLE                    14200        0        0
KB HOME                        COM              48666K109      132    12000 SH       SOLE                    12000        0        0
KELLOGG CO                     COM              487836108      752    14951 SH       SOLE                    14951        0        0
KENNAMETAL INC                 COM              489170100      458    18028 SH       SOLE                    18028        0        0
KILROY RLTY CORP               COM              49427F108      208     7000 SH       SOLE                     7000        0        0
KIMBERLY CLARK CORP            COM              494368103      491     8100 SH       SOLE                     8100        0        0
KING PHARMACEUTICALS INC       COM              495582108      362    47700 SH       SOLE                    47700        0        0
KLA-TENCOR CORP                COM              482480100      395    14170 SH       SOLE                    14170        0        0
KRAFT FOODS INC                CL A             50075N104      997    35599 SH       SOLE                    35599        0        0
KT CORP                        SPONSORED ADR    48268K101      205    10700 SH       SOLE                    10700        0        0
L-3 COMMUNICATIONS HLDGS INC   COM              502424104      797    11248 SH       SOLE                    11248        0        0
LAMAR ADVERTISING CO           CL A             512815101      357    14576 SH       SOLE                    14576        0        0
LANDSTAR SYS INC               COM              515098101      282     7223 SH       SOLE                     7223        0        0
LAZARD LTD                     SHS A            G54050102      235     8800 SH       SOLE                     8800        0        0
LEXMARK INTL NEW               CL A             529771107      340    10298 SH       SOLE                    10298        0        0
LIBERTY GLOBAL INC             COM SER A        530555101      205     7900 SH       SOLE                     7900        0        0
LIBERTY PPTY TR                SH BEN INT       531172104      569    19711 SH       SOLE                    19711        0        0
LIFEPOINT HOSPITALS INC        COM              53219L109      298     9499 SH       SOLE                     9499        0        0
LINCOLN NATL CORP IND          COM              534187109      235     9660 SH       SOLE                     9660        0        0
LOWES COS INC                  COM              548661107     1606    78657 SH       SOLE                    78657        0        0
LSI CORPORATION                COM              502161102       73    15800 SH       SOLE                    15800        0        0
LUBRIZOL CORP                  COM              549271104     1067    13281 SH       SOLE                    13281        0        0
MACK CALI RLTY CORP            COM              554489104      318    10700 SH       SOLE                    10700        0        0
MAGELLAN HEALTH SVCS INC       COM NEW          559079207      211     5809 SH       SOLE                     5809        0        0
MANITOWOC INC                  COM              563571108      325    35588 SH       SOLE                    35588        0        0
MANULIFE FINL CORP             COM              56501R106      862    59106 SH       SOLE                    59106        0        0
MARINER ENERGY INC             COM              56845T305      836    38917 SH       SOLE                    38917        0        0
MARRIOTT INTL INC NEW          CL A             571903202      461    15400 SH       SOLE                    15400        0        0
MASCO CORP                     COM              574599106     1563   145218 SH       SOLE                   145218        0        0
MAXIM INTEGRATED PRODS INC     COM              57772K101      318    19034 SH       SOLE                    19034        0        0
MCAFEE INC                     COM              579064106      843    27436 SH       SOLE                    27436        0        0
MEDCO HEALTH SOLUTIONS INC     COM              58405U102      618    11216 SH       SOLE                    11216        0        0
MEDTRONIC INC                  COM              585055106     2011    55459 SH       SOLE                    55459        0        0
METLIFE INC                    COM              59156R108      692    18320 SH       SOLE                    18320        0        0
MICREL INC                     COM              594793101      114    11200 SH       SOLE                    11200        0        0
MICROSOFT CORP                 COM              594918104     2351   102173 SH       SOLE                   102173        0        0
MID-AMER APT CMNTYS INC        COM              59522J103      721    14000 SH       SOLE                    14000        0        0
MILLIPORE CORP                 COM              601073109     2665    24991 SH       SOLE                    24991        0        0
MOBILE TELESYSTEMS OJSC        SPONSORED ADR    607409109      322    16823 SH       SOLE                    16823        0        0
MOLEX INC                      COM              608554101      261    14316 SH       SOLE                    14316        0        0
MOSAIC CO                      COM              61945A107      386     9895 SH       SOLE                     9895        0        0
MOTOROLA INC                   COM              620076109      101    15500 SH       SOLE                    15500        0        0
MURPHY OIL CORP                COM              626717102      230     4647 SH       SOLE                     4647        0        0
NABORS INDUSTRIES LTD          SHS              G6359F103      853    48390 SH       SOLE                    48390        0        0
NALCO HOLDING COMPANY          COM              62985Q101     1052    51396 SH       SOLE                    51396        0        0
NATIONAL OILWELL VARCO INC     COM              637071101      532    16093 SH       SOLE                    16093        0        0
NATIONAL RETAIL PROPERTIES I   COM              637417106      397    18500 SH       SOLE                    18500        0        0
NATIONAL SEMICONDUCTOR CORP    COM              637640103      798    59300 SH       SOLE                    59300        0        0
NATIONWIDE HEALTH PPTYS INC    COM              638620104      705    19700 SH       SOLE                    19700        0        0
NETGEAR INC                    COM              64111Q104      336    18823 SH       SOLE                    18823        0        0
NEWELL RUBBERMAID INC          COM              651229106      293    19997 SH       SOLE                    19997        0        0
NEWFIELD EXPL CO               COM              651290108      980    20048 SH       SOLE                    20048        0        0
NEWPARK RES INC                COM PAR $.01NEW  651718504       64    10600 SH       SOLE                    10600        0        0
NEWS CORP                      CL B             65248E203     1007    72680 SH       SOLE                    72680        0        0
NOKIA CORP                     SPONSORED ADR    654902204      209    25700 SH       SOLE                    25700        0        0
NORDSON CORP                   COM              655663102     2019    36010 SH       SOLE                    36010        0        0
NORDSTROM INC                  COM              655664100      243     7564 SH       SOLE                     7564        0        0
NORFOLK SOUTHERN CORP          COM              655844108     3232    60928 SH       SOLE                    60928        0        0
NORTHEAST UTILS                COM              664397106      362    14191 SH       SOLE                    14191        0        0
NORTHERN TR CORP               COM              665859104      598    12800 SH       SOLE                    12800        0        0
NORTHROP GRUMMAN CORP          COM              666807102      503     9238 SH       SOLE                     9238        0        0
NUANCE COMMUNICATIONS INC      COM              67020Y100     1389    92891 SH       SOLE                    92891        0        0
NUCOR CORP                     COM              670346105      635    16600 SH       SOLE                    16600        0        0
NUSTAR ENERGY LP               UNIT COM         67058H102      220     3830 SH       SOLE                     3830        0        0
NUVASIVE INC                   COM              670704105      243     6858 SH       SOLE                     6858        0        0
O REILLY AUTOMOTIVE INC        COM              686091109     1735    36487 SH       SOLE                    36487        0        0
OFFICE DEPOT INC               COM              676220106       77    19100 SH       SOLE                    19100        0        0
OLD DOMINION FGHT LINES INC    COM              679580100      229     6514 SH       SOLE                     6514        0        0
OMNICOM GROUP INC              COM              681919106      206     6000 SH       SOLE                     6000        0        0
OPEN TEXT CORP                 COM              683715106      255     6796 SH       SOLE                     6796        0        0
ORACLE CORP                    COM              68389X105      230    10720 SH       SOLE                    10720        0        0
P F CHANGS CHINA BISTRO INC    COM              69333Y108      854    21548 SH       SOLE                    21548        0        0
PACCAR INC                     COM              693718108      748    18760 SH       SOLE                    18760        0        0
PARAMETRIC TECHNOLOGY CORP     COM NEW          699173209      398    25426 SH       SOLE                    25426        0        0
PARTNERRE LTD                  COM              G6852T105      440     6280 SH       SOLE                     6280        0        0
PEPSICO INC                    COM              713448108      409     6712 SH       SOLE                     6712        0        0
PERKINELMER INC                COM              714046109     1201    58114 SH       SOLE                    58114        0        0
PERRIGO CO                     COM              714290103      230     3900 SH       SOLE                     3900        0        0
PFIZER INC                     COM              717081103      394    27634 SH       SOLE                    27634        0        0
PHASE FORWARD INC              COM              71721R406     2352   141000 SH       SOLE                   141000        0        0
PHILLIPS VAN HEUSEN CORP       COM              718592108      899    19432 SH       SOLE                    19432        0        0
PIPER JAFFRAY COS              COM              724078100      226     7000 SH       SOLE                     7000        0        0
PLAINS ALL AMERN PIPELINE L    UNIT LTD PARTN   726503105      273     4643 SH       SOLE                     4643        0        0
PLEXUS CORP                    COM              729132100      312    11673 SH       SOLE                    11673        0        0
PLUM CREEK TIMBER CO INC       COM              729251108     1044    30247 SH       SOLE                    30247        0        0
POLYONE CORP                   COM              73179P106      141    16800 SH       SOLE                    16800        0        0
PORTLAND GEN ELEC CO           COM NEW          736508847      273    14911 SH       SOLE                    14911        0        0
POST PPTYS INC                 COM              737464107      232    10200 SH       SOLE                    10200        0        0
POTASH CORP SASK INC           COM              73755L107     1009    11702 SH       SOLE                    11702        0        0
POTLATCH CORP NEW              COM              737630103      218     6100 SH       SOLE                     6100        0        0
PRAXAIR INC                    COM              74005P104      471     6200 SH       SOLE                     6200        0        0
PRECISION CASTPARTS CORP       COM              740189105     2132    20717 SH       SOLE                    20717        0        0
PRICE T ROWE GROUP INC         COM              74144T108      471    10600 SH       SOLE                    10600        0        0
PRIDE INTL INC DEL             COM              74153Q102      231    10360 SH       SOLE                    10360        0        0
PRINCIPAL FINL GROUP INC       COM              74251V102     1123    47929 SH       SOLE                    47929        0        0
PROASSURANCE CORP              COM              74267C106      262     4614 SH       SOLE                     4614        0        0
PROSPERITY BANCSHARES INC      COM              743606105      327     9414 SH       SOLE                     9414        0        0
PRUDENTIAL FINL INC            COM              744320102      746    13905 SH       SOLE                    13905        0        0
PSS WORLD MED INC              COM              69366A100      257    12152 SH       SOLE                    12152        0        0
PUBLIC STORAGE                 COM              74460D109      615     7000 SH       SOLE                     7000        0        0
QIAGEN N V                     ORD              N72482107      315    16400 SH       SOLE                    16400        0        0
QLOGIC CORP                    COM              747277101      168    10130 SH       SOLE                    10130        0        0
QUALCOMM INC                   COM              747525103      380    11564 SH       SOLE                    11564        0        0
RANGE RES CORP                 COM              75281A109     1310    32623 SH       SOLE                    32623        0        0
RAYONIER INC                   COM              754907103      718    16300 SH       SOLE                    16300        0        0
REDWOOD TR INC                 COM              758075402      164    11200 SH       SOLE                    11200        0        0
REGENCY CTRS CORP              COM              758849103      640    18600 SH       SOLE                    18600        0        0
REINSURANCE GROUP AMER INC     COM NEW          759351604      235     5144 SH       SOLE                     5144        0        0
RELIANCE STEEL & ALUMINUM CO   COM              759509102      269     7440 SH       SOLE                     7440        0        0
RESEARCH IN MOTION LTD         COM              760975102      537    10895 SH       SOLE                    10895        0        0
RIVERBED TECHNOLOGY INC        COM              768573107      221     8000 SH       SOLE                     8000        0        0
ROCKWELL AUTOMATION INC        COM              773903109     1643    33460 SH       SOLE                    33460        0        0
ROCKWELL COLLINS INC           COM              774341101      913    17193 SH       SOLE                    17193        0        0
ROGERS COMMUNICATIONS INC      CL B             775109200      423    12914 SH       SOLE                    12914        0        0
ROWAN COS INC                  COM              779382100      581    26500 SH       SOLE                    26500        0        0
ROYAL CARIBBEAN CRUISES LTD    COM              V7780T103      242    10625 SH       SOLE                    10625        0        0
SANOFI AVENTIS                 SPONSORED ADR    80105N105     1599    53200 SH       SOLE                    53200        0        0
SCHLUMBERGER LTD               COM              806857108      299     5400 SH       SOLE                     5400        0        0
SCHWAB CHARLES CORP NEW        COM              808513105      509    35900 SH       SOLE                    35900        0        0
SCOTTS MIRACLE GRO CO          CL A             810186106      342     7700 SH       SOLE                     7700        0        0
SENIOR HSG PPTYS TR            SH BEN INT       81721M109      981    48800 SH       SOLE                    48800        0        0
SENORX INC                     COM              81724W104     1547   140908 SH       SOLE                   140908        0        0
SILGAN HOLDINGS INC            COM              827048109      733    25827 SH       SOLE                    25827        0        0
SIMON PPTY GROUP INC NEW       COM              828806109      468     5800 SH       SOLE                     5800        0        0
SK TELECOM LTD                 SPONSORED ADR    78440P108      208    14100 SH       SOLE                    14100        0        0
SMITH INTL INC                 COM              832110100      614    16300 SH       SOLE                    16300        0        0
SONY CORP                      ADR NEW          835699307      422    15800 SH       SOLE                    15800        0        0
SOUTHERN COPPER CORP           COM              84265V105     1118    42117 SH       SOLE                    42117        0        0
SOUTHWESTERN ENERGY CO         COM              845467109      224     5800 SH       SOLE                     5800        0        0
STANLEY BLACK & DECKER INC     COM              854502101     1032    20431 SH       SOLE                    20431        0        0
STANLEY INC                    COM              854532108     2673    71500 SH       SOLE                    71500        0        0
STAPLES INC                    COM              855030102      775    40689 SH       SOLE                    40689        0        0
STARWOOD HOTELS&RESORTS WRLD   COM              85590A401      926    22355 SH       SOLE                    22355        0        0
STATE STR CORP                 COM              857477103      423    12500 SH       SOLE                    12500        0        0
STERICYCLE INC                 COM              858912108      230     3500 SH       SOLE                     3500        0        0
STRAYER ED INC                 COM              863236105      291     1400 SH       SOLE                     1400        0        0
SYBASE INC                     COM              871130100     1959    30300 SH       SOLE                    30300        0        0
SYMANTEC CORP                  COM              871503108      261    18785 SH       SOLE                    18785        0        0
SYNGENTA AG                    SPONSORED ADR    87160A100      316     6900 SH       SOLE                     6900        0        0
TANGER FACTORY OUTLET CTRS I   COM              875465106      662    16000 SH       SOLE                    16000        0        0
TARGET CORP                    COM              87612E106      305     6200 SH       SOLE                     6200        0        0
TAUBMAN CTRS INC               COM              876664103      610    16200 SH       SOLE                    16200        0        0
TECH DATA CORP                 COM              878237106      203     5711 SH       SOLE                     5711        0        0
TELLABS INC                    COM              879664100      116    18200 SH       SOLE                    18200        0        0
TENARIS S A                    SPONSORED ADR    88031M109      436    12600 SH       SOLE                    12600        0        0
TEVA PHARMACEUTICAL INDS LTD   ADR              881624209      239     4600 SH       SOLE                     4600        0        0
TEXAS INSTRS INC               COM              882508104     1787    76758 SH       SOLE                    76758        0        0
TEXAS ROADHOUSE INC            COM              882681109      786    62258 SH       SOLE                    62258        0        0
THERMO FISHER SCIENTIFIC INC   COM              883556102      585    11936 SH       SOLE                    11936        0        0
THOMAS & BETTS CORP            COM              884315102      220     6352 SH       SOLE                     6352        0        0
TIFFANY & CO NEW               COM              886547108      439    11576 SH       SOLE                    11576        0        0
TIMKEN CO                      COM              887389104      583    22415 SH       SOLE                    22415        0        0
TOLL BROTHERS INC              COM              889478103      513    31377 SH       SOLE                    31377        0        0
TORCHMARK CORP                 COM              891027104      297     6000 SH       SOLE                     6000        0        0
TRAVELERS COMPANIES INC        COM              89417E109      729    14800 SH       SOLE                    14800        0        0
UDR INC                        COM              902653104      224    11700 SH       SOLE                    11700        0        0
UMB FINL CORP                  COM              902788108      235     6608 SH       SOLE                     6608        0        0
UNITED PARCEL SERVICE INC      CL B             911312106      228     4000 SH       SOLE                     4000        0        0
UNITED STATES STL CORP NEW     COM              912909108      251     6501 SH       SOLE                     6501        0        0
UNUM GROUP                     COM              91529Y106      536    24700 SH       SOLE                    24700        0        0
URBAN OUTFITTERS INC           COM              917047102      262     7616 SH       SOLE                     7616        0        0
US BANCORP DEL                 COM NEW          902973304      416    18600 SH       SOLE                    18600        0        0
VALE S A                       ADR              91912E105      694    28500 SH       SOLE                    28500        0        0
VALMONT INDS INC               COM              920253101      218     3000 SH       SOLE                     3000        0        0
VARIAN SEMICONDUCTOR EQUIPMN   COM              922207105     1088    37968 SH       SOLE                    37968        0        0
VENTAS INC                     COM              92276F100      685    14600 SH       SOLE                    14600        0        0
VERIGY LTD                     SHS              Y93691106       89    10234 SH       SOLE                    10234        0        0
VORNADO RLTY TR                SH BEN INT       929042109      635     8700 SH       SOLE                     8700        0        0
WAL MART STORES INC            COM              931142103      212     4400 SH       SOLE                     4400        0        0
WASHINGTON REAL ESTATE INVT    SH BEN INT       939653101      223     8100 SH       SOLE                     8100        0        0
WASTE MGMT INC DEL             COM              94106L109      341    10909 SH       SOLE                    10909        0        0
WILLIAMS COS INC DEL           COM              969457100     1397    76447 SH       SOLE                    76447        0        0
WILLIAMS PIPELINE PARTNERS L   COM UNIT LP IN   96950K103     2229    68954 SH       SOLE                    68954        0        0
YAHOO INC                      COM              984332106     1032    74600 SH       SOLE                    74600        0        0
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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