The smaller 'Ultra' fund family list of groups with 10 to 39 rated funds is led by Hotchkis & Wiley Funds with all 17 of their rated funds in the top 30% of our rankings. The Hotchkis & Wiley Value Opportunities A ( HWAAX) and Hotchkis & Wiley Large Cap Val I ( HWLIX) both earned 'Excellent' rating of "A" for the period ending Mar 31, 2012. The Brown Advisory Funds group retained second place with 90.9% of their 11 rated funds in the 'buy' range including A+ rated Brown Advisory Growth Equity Adv ( BAGAX) . The Wasatch Funds, slipped from first place last quarter, to third with 11 of 13 fund ranked as top rated. This earns an honorable mention with A+ rated funds such as the Wasatch Core Growth Investor ( WGROX).