0001010521-11-000032.txt : 20110513
0001010521-11-000032.hdr.sgml : 20110513
20110513144523
ACCESSION NUMBER: 0001010521-11-000032
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110513
DATE AS OF CHANGE: 20110513
EFFECTIVENESS DATE: 20110513
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MFC GLOBAL INVESTMENT MANAGEMENT (U.S.), LLC
CENTRAL INDEX KEY: 0001034182
IRS NUMBER: 043168979
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-03673
FILM NUMBER: 11840089
BUSINESS ADDRESS:
STREET 1: 101 HUNTINGTON AVE
CITY: BOSTON
STATE: MA
ZIP: 02199
BUSINESS PHONE: 617-375-1500
MAIL ADDRESS:
STREET 1: 101 HUNTINGTON AVENUE
CITY: BOSTON
STATE: MA
ZIP: 02199
FORMER COMPANY:
FORMER CONFORMED NAME: SOVEREIGN ASSET MANAGEMENT CORP/MA
DATE OF NAME CHANGE: 19990329
13F-HR
1
maunlife2.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2011
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: Manulife Asset Management (U.S), LLC
Address: 101 Huntington Avenue
Boston, MA 02199
13F File Number: 28-03673
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 is, 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: Barry Evans
Title: President
Phone: (617) 375-1500
Signature, Place, and Date of Signing:
/s/ Barry Evans Boston, MA May 12, 2011
------------------------- ---------------------- --------
Signature Place Date
Report Type (Check only One):
[X] 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).)
[ ] 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: None
FORM 13F SUMMARY PAGE
Report Summary:
Number of other included managers: 3
Form 13F information table entry total: 656
Form 13F information table value total: $13,056,026
(thousands)
List of other included managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of
all institutional investment managers with respect to which this report
is filed, other than the manager filing this report.
No. Form 13F File Number Name
1 28-11519 Manulife Financial Corporation
2 28-03983 John Hancock Life Insurance Company [U.S.A.]
3 28-04428 The Manufacturers Life Insurance Company
TITLE INVESTMENT
OF DISCRETION SOLE
NAME OF ISSUER CLASS CUSIP VALUE SHRS OR SHARED OTHER OTHER VOTING AUTHORITY
(x$1000) PRN AMT (A) (B) (C) MANAGER SOLE SHARED NONE
AAR Corp COM 000361105 9 315 X 1, 2 315 0 0
ABB Ltd.-Spon ADR ADR 000375204 23,710 980,137 X 1, 2 980,137 0 0
Aflac Inc. COM 001055102 32,157 609,256 X 1, 2 573,212 180 35,864
AMN HEALTHCARE SERVICES INC COM 001744101 9,927 1,146,358 X 1, 2 1,146,358 0 0
App China Group COM 002023992 0 37,717 X 1, 2 37,717 0 0
AT&T INC COM 00206R102 57,123 1,866,581 X 1, 2 1,804,280 210 62,091
Abbott Laboratories COM 002824100 66,305 1,351,788 X 1, 2 1,332,008 0 19,780
ABITIBIBOWATER INC/NEW COM 003687209 8,914 331,744 X 1, 2 331,744 0 0
S&P500 USD Opal COM 004286774 7,103 10,000 X 1, 2 10,000 0 0
AEGON N.V.-NY REG SHR ADR 007924103 49 6,500 X 1, 2 6,500 0 0
Aegon NV PFD 007924301 23,929 1,050,900 X 1, 2 1,050,900 0 0
Aegon NV PFD 007924400 7,686 338,000 X 1, 2 338,000 0 0
Aetna Inc-New COM 00817Y108 2,915 77,882 X 1, 2 77,882 0 0
Agnico-Eagle Mines Ltd COM 008474108 309 4,650 X 1, 2 4,650 0 0
Air France-KLM ADR 009119108 2,903 174,118 X 1, 2 174,118 0 0
Air Products & Chemicals Inc COM 009158106 25,703 285,023 X 1, 2 285,023 0 0
Alabama Power Co PFD 010392561 4,830 193,200 X 1, 2 193,200 0 0
Alabama Power Co. PFD 010392595 38,162 1,594,733 X 1, 2 1,594,733 0 0
ALBEMARLE CORP COM 012653101 27,460 459,431 X 1, 2 435,933 125 23,373
Alexandria Real Est Equities COM 015271109 238 3,050 X 1, 2 3,050 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 1,129 16,676 X 1, 2 16,676 0 0
Alliant Energy Corp. COM 018802108 17,422 447,520 X 1, 2 447,520 0 0
ALLIANZ SE-ADR ADR 018805101 39 2,800 X 1, 2 2,800 0 0
ALLIANCEBERNSTEIN HOLDING LP COM 01881G106 28,630 1,313,286 X 1, 2 1,313,286 0 0
Alpha Natural Resources Inc COM 02076X102 933 15,723 X 1, 2 15,723 0 0
Amerco Inc. PFD 023586209 9,083 350,000 X 1, 2 350,000 0 0
Ameren Corp COM 023608102 17,824 635,000 X 1, 2 635,000 0 0
American Electric Power Co Inc COM 025537101 28,639 815,000 X 1, 2 815,000 0 0
American Express Co COM 025816109 30,288 670,093 X 1, 2 670,093 0 0
AMERICAN FINANCIAL GROUP PFD 025932302 26,081 1,039,100 X 1, 2 1,039,100 0 0
AMERICAN INTERNATIONAL-CW21 COM 026874156 1 53 X 1, 2 53 0 0
American International Group Inc COM 026874784 4 100 X 1, 2 100 0 0
American Tower Corp COM 029912201 829 15,991 X 1, 2 15,991 0 0
American Water Works Co Inc COM 030420103 31,490 1,122,624 X 1, 2 1,122,624 0 0
AMERON INTERNATIONAL CORP COM 030710107 139 1,990 X 1, 2 1,990 0 0
AmerisourceBergen Corp COM 03073E105 902 22,797 X 1, 2 22,797 0 0
Ameriprise Financial Inc COM 03076C106 28,868 472,630 X 1, 2 446,831 140 25,659
Amphenol Corp COM 032095101 1,196 21,983 X 1, 2 21,983 0 0
ANGLO AMERICAN PLC-UNSP ADR 03485P201 206 8,010 X 1, 2 8,010 0 0
ANNALY CAPITAL MANAGEMENT IN COM 035710409 3 170 X 1, 2 170 0 0
APACHE CORP. COM 037411105 34,406 262,801 X 1, 2 262,801 0 0
APACHE CORP PFD 037411808 37,095 523,500 X 1, 2 523,500 0 0
Apartment Investment & Management Co PFD 03748R838 1,381 55,000 X 1, 2 55,000 0 0
APOLLO GLOBAL MANAGEMENT - A COM 037612306 3,018 167,684 X 1, 2 167,684 0 0
Applied Extrusion Tech - Class A COM 038196200 808 51,082 X 1, 2 51,082 0 0
Archer-Daniels-Midland Co. COM 039483102 81,731 2,269,671 X 1, 2 2,229,432 225 40,014
ARCHER DANIELS PFD 039483201 15,342 339,800 X 1, 2 339,800 0 0
Artio Global Investors Inc COM 04315B107 127 7,885 X 1, 2 7,885 0 0
ASSOCIATED ESTATES REALTY CP COM 045604105 203 12,800 X 1, 2 12,800 0 0
ASTRAZENECA PLC-SPONS ADR ADR 046353108 42 900 X 1, 2 900 0 0
Atmos Energy Corp COM 049560105 28,474 835,000 X 1, 2 835,000 0 0
Atwood Oceanics Inc COM 050095108 9,704 209,000 X 1, 2 209,000 0 0
Autoliv Inc COM 052800109 11 150 X 1, 2 150 0 0
AVERY DENNISON CORP. COM 053611109 39,510 941,607 X 1, 2 941,607 0 0
AVIVA PLC - SPON ADR ADR 05382A104 38 2,700 X 1, 2 2,700 0 0
BB&T Corp COM 054937107 44,062 1,605,160 X 1, 2 1,596,698 0 8,462
BAC Capital Trust II PFD 055188205 2,936 117,000 X 1, 2 117,000 0 0
BGE Capital Trust II PFD 05541Q206 65,426 2,619,150 X 1, 2 2,619,150 0 0
BP PLC ADR 055622104 12,690 287,500 X 1, 2 287,500 0 0
BNP PARIBAS-ADR ADR 05565A202 44 1,200 X 1, 2 1,200 0 0
BGI Canada LTD Universe Bond Index Fun COM 05699A920 85,887 3,555,965 X 1, 2 3,555,965 0 0
BAKER HUGHES INC. COM 057224107 1,243 16,932 X 1, 2 16,932 0 0
Bally Technologies Inc COM 05874B107 10,947 289,216 X 1, 2 289,216 0 0
Baltimore Gas & Electric PFD 059165688 2,041 20,250 X 1, 2 20,250 0 0
Baltimore Gas & Electric PFD 059165761 21,735 213,870 X 1, 2 213,870 0 0
BANCO SANTANDER SA-SPON ADR ADR 05964H105 237 20,225 X 1, 2 20,225 0 0
Bank of America Corp COM 060505104 242,44218,187,684 X 1, 2 18,178,604 0 9,080
Bank of America Corp PFD 060505559 30,083 1,140,383 X 1, 2 1,140,383 0 0
Bank of America Corp PFD 060505575 11,775 500,000 X 1, 2 500,000 0 0
Bank of America Corp PFD 060505617 29,085 1,299,000 X 1, 2 1,299,000 0 0
Bank of America Corp PFD 060505682 33,361 32,998 X 1, 2 32,998 0 0
BANK OF AMERICA CORP PFD 060505740 16,774 715,000 X 1, 2 715,000 0 0
Bank of America Corp PFD 060505765 11,296 430,000 X 1, 2 430,000 0 0
Bank of Amercia Corp PFD 060505831 33,226 1,465,000 X 1, 2 1,465,000 0 0
BAR HARBOR BANKSHARES COM 066849100 2,944 96,516 X 1, 2 96,516 0 0
BARCLAYS PLC-SPONS ADR ADR 06738E204 36 2,000 X 1, 2 2,000 0 0
Barclays PLC PFD 06739H362 53,502 2,035,078 X 1, 2 2,035,078 0 0
Barclays Bank PLC PFD 06739H776 21,467 851,190 X 1, 2 851,190 0 0
Barrick Gold Corp COM 067901108 85,950 1,655,754 X 1, 2 1,655,754 0 0
Baxter International Inc COM 071813109 219 4,075 X 1, 2 4,075 0 0
Becton Dickinson & Co COM 075887109 31,457 395,085 X 1, 2 374,082 115 20,888
Berkshire Hathaway Inc-Cl A COM 084670108 4,636 37 X 1, 2 37 0 0
BERKSHIRE HATHAWAY INC-CL B COM 0846702PP 48,903 584,758 X 1, 2 584,758 0 0
BERRY PETROLEUM CO CL A COM 085789105 3,683 73,000 X 1, 2 73,000 0 0
BHP Billiton Ltd. ADR 088606108 445 4,640 X 1, 2 4,640 0 0
Black Hills Corp COM 092113109 21,903 655,000 X 1, 2 655,000 0 0
Blackrock Inc/New York COM 09247X101 43,777 217,784 X 1, 2 217,784 0 0
BLACKSTONE GROUP LP/THE COM 09253U108 12,985 726,251 X 1, 2 726,251 0 0
BOEING CO. COM 097023105 26,940 364,397 X 1, 2 364,397 0 0
Boise Inc. COM 09746Y113 120 70,816 X 1, 2 70,816 0 0
BOND STREET HOLDINGS LLC-A COM 09788X1PP 29,500 1,475,000 X 1, 2 1,475,000 0 0
Boston Properties Inc COM 101121101 400 4,221 X 1, 2 4,221 0 0
Brandywine Realty Trust COM 105368203 184 15,175 X 1, 2 15,175 0 0
Brazil Ethanol Inc.-Unit PFD 10575X200 10 1,043,559 X 1, 2 1,043,559 0 0
CBS Corp New Class B COM 124857202 40,725 1,626,400 X 1, 2 1,626,400 0 0
CBS Corp PFD 124857400 12,932 514,400 X 1, 2 514,400 0 0
CH Energy Group Inc COM 12541M102 53,421 1,057,000 X 1, 2 1,057,000 0 0
CVS Caremark Corp COM 126650100 118,145 3,442,453 X 1, 2 3,442,453 0 0
Cablevision Systems - Cl A COM 12686C109 52 1,495 X 1, 2 1,495 0 0
Cabot Oil & Gas Corporation COM 127097103 587 11,075 X 1, 2 11,075 0 0
CALPINE CORP COM 131347304 294 18,500 X 1, 2 18,500 0 0
CANON INC-SPONS ADR ADR 138006309 48 1,100 X 1, 2 1,100 0 0
Cardinal Health Inc COM 14149Y108 1,600 38,911 X 1, 2 38,911 0 0
Carefusion Corp. COM 14170T101 601 21,308 X 1, 2 21,308 0 0
Carnival Corporation COM 143658300 23,948 624,289 X 1, 2 624,289 0 0
Caterpillar Inc COM 149123101 47,708 428,447 X 1, 2 407,031 125 21,291
Cemex SAB de CV ADR 151290889 37 4,160 X 1, 2 4,160 0 0
Cenovous Energy Inc COM 15135U109 566 14,377 X 1, 2 14,377 0 0
CENVEO INC COM 15670S105 3,108 476,000 X 1, 2 476,000 0 0
CHARTER COMMUNIATIONS-CW14 COM 16117M123 78 7,605 X 1, 2 7,605 0 0
CHARTER COMMUNICATIONS-CW14 COM 16117M131 1,461 124,322 X 1, 2 124,322 0 0
CHEMTURA CORP COM 163893209 13,416 780,000 X 1, 2 780,000 0 0
Chevron Corporation COM 166764100 75,300 700,911 X 1, 2 688,534 0 12,377
Chimera Investment Corp. COM 16934Q109 9,229 2,324,768 X 1, 2 2,324,768 0 0
CHINA MOBILE LTD-SPON ADR ADR 16941M109 37 800 X 1, 2 800 0 0
CHINA PETROLEUM & CHEM-ADR ADR 16941R108 45 450 X 1, 2 450 0 0
CHUNGHWA TELECOM LTD-ADR ADR 17133Q502 1,318 42,307 X 1, 2 42,307 0 0
CITADEL BROADCASTING-CW30 COM 17285T114 14,245 414,697 X 1, 2 414,697 0 0
CITADEL BROADCASTING CORP-A COM 17285T205 537 15,677 X 1, 2 15,677 0 0
CITADEL BROADCASTING CORP-B COM 17285T304 8,746 253,876 X 1, 2 253,876 0 0
Citigroup Inc COM 172967101 3 785 X 1, 2 785 0 0
Citigroup Inc PFD 7.5% PFD 172967416 24,421 193,055 X 1, 2 193,055 0 0
Citigroup Inc PFD 172967572 15,820 599,230 X 1, 2 599,230 0 0
Citigroup Capital X PFD 173064205 17,013 741,300 X 1, 2 741,300 0 0
Citigroup Capital VII PFD 17306N203 5,870 235,000 X 1, 2 235,000 0 0
Citigroup Cap VIII 6.95% PFD 17306R204 45,517 1,839,800 X 1, 2 1,839,800 0 0
CITIGROUP CAPITAL XIII PFD 173080201 15,344 560,000 X 1, 2 560,000 0 0
CITIGROUP CAPITAL XII PFD 17315D204 8,992 341,500 X 1, 2 341,500 0 0
CLOROX CORP. COM 189054109 29,542 421,600 X 1, 2 421,600 0 0
COCA-COLA COMPANY COM 191216100 251 3,786 X 1, 2 1,976 0 1,810
COLLECTIVE BRANDS INC COM 19421W100 23,738 1,100,000 X 1, 2 1,100,000 0 0
Comcast Corp PFD 20030N309 13,061 507,430 X 1, 2 507,430 0 0
Comcast Corp PFD 20030N408 47,432 1,853,556 X 1, 2 1,853,556 0 0
Comcast Corp PFD 20030N507 6,468 248,500 X 1, 2 248,500 0 0
Comerica Inc COM 200340107 23,564 641,715 X 1, 2 641,715 0 0
COMERICA IN-CW18 COM 200340115 4,852 382,919 X 1, 2 382,919 0 0
Cia Saneamento Basico De-ADR ADR 20441A102 55 937 X 1, 2 937 0 0
COMPUTER SCIENCES CORP COM 205363104 204 4,185 X 1, 2 4,185 0 0
Comverse Technology Inc COM 205862402 4,506 600,000 X 1, 2 600,000 0 0
CONOCOPHILLIPS COM 20825C104 35,960 450,293 X 1, 2 445,129 0 5,164
Consol Energy Inc COM 20854P109 42,163 786,190 X 1, 2 786,190 0 0
CONS EDISON CO OF NY PFD 209111301 3,057 34,720 X 1, 2 34,720 0 0
Consolidated Edison Co of New York PFD 209111707 1,958 21,100 X 1, 2 21,100 0 0
Consolidated Edison Inc COM 209115104 16,484 325,000 X 1, 2 325,000 0 0
Constellation Energy Grp PFD 210387205 28,874 1,084,283 X 1, 2 1,084,283 0 0
Continental Airlines Financial Trust I PFD 210796306 59,600 1,581,418 X 1, 2 1,581,418 0 0
CORESITE REALTY CORP COM 21870Q105 1,632 103,000 X 1, 2 103,000 0 0
Corporate Backed Trust Certificates PFD 21988G296 1,101 45,400 X 1, 2 45,400 0 0
Corporate Office Properties Trust S COM 22002T108 260 7,200 X 1, 2 7,200 0 0
COVENTRY HEALTH CARE INC COM 222862104 17,558 550,580 X 1, 2 550,580 0 0
CREDIT SUISSE GROUP - ADR ADR 225401108 253 5,940 X 1, 2 5,940 0 0
Credit Suisse/Guernsey PFD 225448208 36,569 1,358,450 X 1, 2 1,358,450 0 0
CROWDGATHER INC - PP COM 22787P1PP 2,655 2,500,000 X 1, 2 2,500,000 0 0
Cullen/Frost Bankers Inc COM 229899109 78,474 1,329,612 X 1, 2 1,290,105 210 39,297
CUMMINS INC COM 231021106 978 8,920 X 1, 2 8,920 0 0
DTE Energy Co COM 233331107 46,664 953,100 X 1, 2 953,100 0 0
DTE Energy Trust I PFD 23333Q201 16,729 633,200 X 1, 2 633,200 0 0
DTE Energy Trust II PFD 23334U201 1,549 59,400 X 1, 2 59,400 0 0
Danaher Corp COM 235851102 60,881 1,173,044 X 1, 2 1,173,044 0 0
Darden Restaurants Inc COM 237194105 923 18,785 X 1, 2 18,785 0 0
DARLING INTERNATIONAL INC COM 237266101 15,172 987,091 X 1, 2 987,091 0 0
DEERE AND CO. COM 244199105 29,255 301,942 X 1, 2 301,942 0 0
Delta Air Lines Inc. COM 247361702 106,95910,914,231 X 1, 2 10,914,231 0 0
Denbury Resources Inc COM 247916208 192,871 7,904,533 X 1, 2 7,904,533 0 0
DB Capital Funding VIII PFD 25153U204 8,508 354,800 X 1, 2 354,800 0 0
DB Cont Cap Trst II PFD 25153X208 33,895 1,374,475 X 1, 2 1,374,475 0 0
DB CONT CAP TRUST III PFD 25154A108 67,763 2,584,393 X 1, 2 2,584,393 0 0
DB Capital Funding X PFD 25154D102 11,660 461,600 X 1, 2 461,600 0 0
Deutsche Telekom ADR 251566105 127 8,253 X 1, 2 8,253 0 0
Devon Energy Corp COM 25179M103 230 2,510 X 1, 2 2,510 0 0
DEX ONE CORP COM 25212W100 843 174,256 X 1, 2 174,256 0 0
Diageo PLC Sponsored ADR ADR 25243Q205 48,529 636,696 X 1, 2 632,981 0 3,715
DIAMOND OFFSHORE DRILLING COM 25271C102 226 2,915 X 1, 2 2,915 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 1,153 103,200 X 1, 2 103,200 0 0
DICE HOLDINGS INC COM 253017107 5,910 391,111 X 1, 2 391,111 0 0
Digital Realty Trust Inc COM 253868103 5,047 86,815 X 1, 2 86,815 0 0
Walt Disney Co COM 254687106 6,980 161,984 X 1, 2 161,984 0 0
Discover Financial Services COM 254709108 11,102 460,291 X 1, 2 460,291 0 0
DOLLAR GENERAL CORP COM 256677105 98,928 3,155,598 X 1, 2 3,155,598 0 0
Dominion Resources Inc/Va COM 25746U109 27,491 615,000 X 1, 2 615,000 0 0
Dominion Resources Inc PFD 25746U604 18,036 635,300 X 1, 2 635,300 0 0
Domino's Pizza Inc COM 25754A201 24,645 1,337,230 X 1, 2 1,337,230 0 0
Douglas Emmett Inc COM 25960P109 181 9,650 X 1, 2 9,650 0 0
Du Pont (E.I.) de Nemours & Co COM 263534109 608 11,060 X 1, 2 4,685 0 6,375
Duke Realty Corp COM 264411505 280 20,000 X 1, 2 20,000 0 0
Duke Realty Corp PFD 264411745 7,900 338,180 X 1, 2 338,180 0 0
Duke Realty Corp PFD 264411760 8,565 371,600 X 1, 2 371,600 0 0
Duke Realty Corp PFD 264411778 26,820 1,154,025 X 1, 2 1,154,025 0 0
Duke Energy Corp COM 26441C105 20,328 1,120,000 X 1, 2 1,120,000 0 0
DUPONT FABROS TECHNOLOGY COM 26613Q106 230 9,500 X 1, 2 9,500 0 0
Duquesne Light 6.5% PFD 266228824 53,992 1,119,000 X 1, 2 1,119,000 0 0
E-COMMERCE CHINA-SPON ADR ADR 26833A105 10,000 484,748 X 1, 2 484,748 0 0
EMC Corp/Massachusetts COM 268648102 11,417 430,000 X 1, 2 430,000 0 0
EOG Resources Inc COM 26875P101 35,291 297,793 X 1, 2 281,820 85 15,888
E.ON AG - SPONSORED ARD ADR 268780103 187 6,080 X 1, 2 6,080 0 0
EQT Corp. COM 26884L109 48,741 976,779 X 1, 2 976,779 0 0
Eagle Materials Inc COM 26969P108 5,751 190,039 X 1, 2 190,039 0 0
Eaton Corp COM 278058102 9 160 X 1, 2 160 0 0
Ecolab Inc. COM 278865100 72,110 1,413,369 X 1, 2 1,413,369 0 0
Emerson Electric Co. COM 291011104 42,873 733,742 X 1, 2 678,864 190 54,688
Encana Corp COM 292505104 633 18,340 X 1, 2 18,340 0 0
Energy Transfer Partners LP COM 29273R109 10 190 X 1, 2 190 0 0
ENSCO PLC-SPON ADR ADR 29358Q109 15,430 266,768 X 1, 2 266,768 0 0
ENTERGY ARKANSAS INC PFD 29364D779 5,530 219,000 X 1, 2 219,000 0 0
Entergy Arkansa Inc PFD 29364D787 18,400 460,000 X 1, 2 460,000 0 0
Entergy Corp COM 29364G103 23,790 353,961 X 1, 2 353,961 0 0
ENTERGY MISSISSIPPI - PREFERRED PFD 29364N843 8,751 329,000 X 1, 2 329,000 0 0
Entergy Mississippi Inc PFD 29364N850 21,531 864,500 X 1, 2 864,500 0 0
ENTERGY LOUISIANA LLC PFD 29364W306 16,510 625,600 X 1, 2 625,600 0 0
ENTERGY LOUISIANA LLC PFD 29364W405 18,780 742,000 X 1, 2 742,000 0 0
Entergy Corp PFD 29365T203 4,478 159,586 X 1, 2 159,586 0 0
Enterprise Products Partners COM 293792107 11 245 X 1, 2 245 0 0
Essex Property Trust Inc. COM 297178105 254 2,050 X 1, 2 2,050 0 0
EVANS BANCORP INC COM 29911Q208 1,823 129,300 X 1, 2 129,300 0 0
Evercore Partners Inc-CL A COM 29977A105 5,773 168,358 X 1, 2 168,358 0 0
EXCEL TRUST INC COM 30068C109 177 15,000 X 1, 2 15,000 0 0
Exxon Mobil Corp COM 30231G102 102,641 1,220,027 X 1, 2 1,158,422 195 61,410
FMC Corp COM 302491303 1,365 16,076 X 1, 2 16,076 0 0
FNB Corp COM 302520101 28,581 2,711,639 X 1, 2 2,711,639 0 0
FPC Capital I PFD 302552203 51,231 2,013,000 X 1, 2 2,013,000 0 0
FPL Group Capital Trust I PFD 30257V207 23,484 922,400 X 1, 2 922,400 0 0
FTI Consulting Inc COM 302941109 4,360 113,761 X 1, 2 113,761 0 0
FACTSET RESEARCH SYSTEMS INC COM 303075105 11,714 111,854 X 1, 2 111,854 0 0
FedEx Corporation COM 31428X106 19,008 203,183 X 1, 2 203,183 0 0
FELCOR LODGING (REIT) COM 31430F101 1,346 219,500 X 1, 2 219,500 0 0
FELCOR LODGING TRUST INC PFD 31430F200 5,042 186,257 X 1, 2 186,257 0 0
FELCOR LODGING TRUST INC PFD 31430F507 573 21,200 X 1, 2 21,200 0 0
Fifth Third Cap Trust VI PFD 31678V206 5 215 X 1, 2 215 0 0
First Horizon National Corp COM 320517105 7,280 649,417 X 1, 2 649,417 0 0
FIRST POTOMAC REALTY TRUST COM 33610F109 158 10,000 X 1, 2 10,000 0 0
FIRST SOUTHERN BANCORP INC COM 33644N1PP 2,742 219,375 X 1, 2 219,375 0 0
FIRST SOUTHERN BANCORP INC/PREF CLASS PFD 33644N5PP 222 375 X 1, 2 375 0 0
FIRST ENERGY COM 337932107 41,541 1,120,000 X 1, 2 1,120,000 0 0
Fleet Capital Trust VIII PFD 33889X203 20,284 812,000 X 1, 2 812,000 0 0
Flowserve Corp COM 34354P105 970 7,530 X 1, 2 7,530 0 0
FORD MOTOR CO-CW13 COM 345370134 61 9,600 X 1, 2 9,600 0 0
Ford Motor Co COM 345370860 21,078 1,413,656 X 1, 2 1,413,656 0 0
FOREST LABORATORIES INC COM 345838106 617 19,109 X 1, 2 19,109 0 0
FOREST OIL CORP COM 346091705 6,355 168,000 X 1, 2 168,000 0 0
Franklin Resources Inc COM 354613101 101,057 807,942 X 1, 2 792,827 85 15,030
Freeport-McMoran Copper & Gold Inc. COM 35671D857 23,348 420,305 X 1, 2 420,305 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 474 57,608 X 1, 2 57,608 0 0
GMAC CAPITAL TRUST I PFD 361860208 7,650 300,000 X 1, 2 300,000 0 0
GAZPROM OAO-SPON ADR ADR 368287207 92 2,973 X 1, 2 2,973 0 0
General Dynamics Corp COM 369550108 6,278 82,000 X 1, 2 82,000 0 0
General Electric Co COM 369604103 43,706 2,179,847 X 1, 2 2,103,888 0 75,959
General Electric Capital Corp PFD 369622451 4,016 154,000 X 1, 2 154,000 0 0
General Electric Capital Corp PFD 369622469 2,959 113,000 X 1, 2 113,000 0 0
General Electric Capital Corp PFD 369622527 898 35,000 X 1, 2 35,000 0 0
GENERAL GROWTH PROPERTIES COM 370023103 2,604 168,200 X 1, 2 168,200 0 0
GENERAL MOTORS CO PFD 37045V209 11,905 247,000 X 1, 2 247,000 0 0
GENON ENERGY INC COM 37244E107 5,220 1,370,010 X 1, 2 1,370,010 0 0
Georgia Power Capital Trust VII PFD 37333T205 8,740 345,600 X 1, 2 345,600 0 0
Glasstech Class B COM 377265707 0 4,430 X 1, 2 4,430 0 0
Glasstech Inc Cl C COM 377265806 0 10 X 1, 2 10 0 0
Glasstech Inc PFD 377265863 143 143 X 1, 2 143 0 0
Glasstech Inc Series B PFD 377265871 1,302 4,475 X 1, 2 4,475 0 0
Glasstech Inc Preferred Series C PFD 377265889 0 11 X 1, 2 11 0 0
GlaxoSmithKline plc ADR 37733W105 38,214 994,885 X 1, 2 941,854 295 52,736
Global Aviation Holdings Inc COM 37990V204 1,901 87,000 X 1, 2 87,000 0 0
Goldcorp Inc COM 380956409 417 8,372 X 1, 2 8,372 0 0
Goldman Sachs Group Inc COM 38141G104 104,643 660,336 X 1, 2 660,336 0 0
Goldman Sachs Group Inc PFD 38144X500 15,506 622,500 X 1, 2 622,500 0 0
GOLDMAN SACHS GROUP INC PFD 38145X111 29,081 1,194,300 X 1, 2 1,194,300 0 0
GOODYEAR TIRE & RUBBER PFD 382550309 5,108 100,000 X 1, 2 100,000 0 0
GRAHAM CORP COM 384556106 6,169 257,679 X 1, 2 257,679 0 0
GRAHAM PACKAGING CO INC COM 384701108 18,162 1,042,000 X 1, 2 1,042,000 0 0
Gran Tierra Energy Inc. COM 38500T101 34 4,164 X 1, 2 4,164 0 0
Granite Broadcasting-CW12 COM 387241110 0 29,220 X 1, 2 29,220 0 0
Granite Broadcasting Corp. COM 387241805 0 11,688 X 1, 2 11,688 0 0
GREEKTOWN SUPERHOLDINGS COM COM 392485108 4,180 42,220 X 1, 2 42,220 0 0
GREEKTOWN SUPERHOLDINGS WARRANT COM 392485116 20,049 202,511 X 1, 2 202,511 0 0
GREEKTOWN SUPERHOLDINGS PFD PFD 392485207 61,296 619,156 X 1, 2 619,156 0 0
HCA HOLDINGS INC COM 40412C101 21,693 640,485 X 1, 2 640,485 0 0
Heco Capital Trust III PFD 404156200 24,808 976,700 X 1, 2 976,700 0 0
HSBC Holdings PLC ADR 404280406 241 4,660 X 1, 2 4,660 0 0
HSBC Holdings Plc PFD 404280604 10,640 440,600 X 1, 2 440,600 0 0
HSBC Holdings PLC PFD 404280703 1,366 50,000 X 1, 2 50,000 0 0
HSBC HOLDINGS PLC PFD PFD 404280802 10,527 385,900 X 1, 2 385,900 0 0
HSBC USA Inc. PFD 40428H201 23,931 499,700 X 1, 2 499,700 0 0
HSBC Finance Corporation PFD 40429C201 33,115 1,287,018 X 1, 2 1,287,018 0 0
HSBC Finance Corporation PFD 40429C300 5,191 206,400 X 1, 2 206,400 0 0
HSBC Finance Corporation PFD 40429C607 21,105 895,800 X 1, 2 895,800 0 0
HANESBRANDS INC COM 410345102 984 36,393 X 1, 2 36,393 0 0
HARTFORD FINL SVCS GRP PFD 416515708 2,193 84,075 X 1, 2 84,075 0 0
HEINEKEN NV-UNSPONSORED ADR ADR 423012202 36 1,300 X 1, 2 1,300 0 0
HELMERICH & PAYNE COM 423452101 36,248 527,702 X 1, 2 497,917 170 29,615
HERSHA HOSPITALITY TRUST COM 427825104 172 29,000 X 1, 2 29,000 0 0
Hewlett-Packard Co COM 428236103 145,521 3,551,901 X 1, 2 3,537,576 0 14,325
HEXCEL CORP COM 428291108 8,174 415,156 X 1, 2 415,156 0 0
HOMBURG CANADA REIT 144A COM 436870117 18,600 1,527,064 X 1, 2 1,527,064 0 0
Home Depot Inc COM 437076102 50,731 1,368,899 X 1, 2 1,368,899 0 0
HONDA MOTOR CO LTD-SPONS ADR ADR 438128308 38 1,000 X 1, 2 1,000 0 0
Honeywell International Inc COM 438516106 58,867 985,886 X 1, 2 983,711 0 2,175
Hospira Inc COM 441060100 36,442 660,179 X 1, 2 660,179 0 0
HOVNANIAN ENT PFD 44248W208 424 20,000 X 1, 2 20,000 0 0
HOWARD HUGHES CORP/THE-W/I COM 44267D107 2,536 35,899 X 1, 2 35,899 0 0
Huntsman Corp COM 447011107 10 550 X 1, 2 550 0 0
ISTAR FINANCIAL INC COM 45031U101 23 2,500 X 1, 2 2,500 0 0
iStar Financial Inc PFD 45031U507 6,829 328,300 X 1, 2 328,300 0 0
iStar Financial Inc PFD 45031U606 10,515 506,757 X 1, 2 506,757 0 0
iStar Financial Inc PFD 45031U705 5,987 290,366 X 1, 2 290,366 0 0
iStar Financial Inc PFD 45031U804 5,532 272,510 X 1, 2 272,510 0 0
IAMGOLD Corp. COM 450913108 1,405 63,806 X 1, 2 63,806 0 0
ICICI Bank Ltd.-Spon ADR ADR 45104G104 125 2,514 X 1, 2 2,514 0 0
Imax Corp COM 45245E109 10,878 340,149 X 1, 2 340,149 0 0
ING Group NV PFD 456837202 52,931 2,269,770 X 1, 2 2,269,770 0 0
ING Groep NV PFD 456837301 20,518 865,000 X 1, 2 865,000 0 0
ING Groep NV PFD 456837400 2,339 109,100 X 1, 2 109,100 0 0
ING Groep NV PFD 456837509 1,306 61,500 X 1, 2 61,500 0 0
Integrys Energy Group Inc COM 45822P105 40,155 795,000 X 1, 2 795,000 0 0
International Business Machines Corp COM 459200101 64,758 397,115 X 1, 2 368,333 100 28,682
INTERNATIONAL COAL GROUP INC COM 45928H106 10,217 904,119 X 1, 2 904,119 0 0
Interstate Power & Light Co PFD 461070864 12,117 482,560 X 1, 2 482,560 0 0
Interstate Power & Light Co PFD 461070872 56,801 2,012,790 X 1, 2 2,012,790 0 0
INVESCO MORTGAGE CAPITAL COM 46131B100 19,964 913,705 X 1, 2 913,705 0 0
INVESTMENT TECHNOLOGY GROUP COM 46145F105 818 44,946 X 1, 2 44,946 0 0
IRON MOUNTAIN INC COM 462846106 61,974 1,984,444 X 1, 2 1,984,444 0 0
JP Morgan Chase Cap X PFD 46623D200 12,360 487,000 X 1, 2 487,000 0 0
JPMorgan Chase & Co COM 46625H100 261,037 5,662,407 X 1, 2 5,650,112 0 12,295
JPMorgan Chase & Co PFD 46625H621 14,921 535,000 X 1, 2 535,000 0 0
JP MORGAN CHASE CAP XI PFD 46626V207 1,151 46,500 X 1, 2 46,500 0 0
Janus Capital Group Inc COM 47102X105 6,884 552,023 X 1, 2 552,023 0 0
JEFFERIES GROUP INC (NEW) COM 472319102 256 10,250 X 1, 2 10,250 0 0
Johnson & Johnson COM 478160104 46,952 792,438 X 1, 2 744,267 140 48,031
JOHNSON CONTROLS INC COM 478366107 7,498 180,362 X 1, 2 180,362 0 0
JPM CHASE CAPITAL XXIX PFD 48125E207 42,848 1,681,615 X 1, 2 1,681,615 0 0
KKR Financial Holdings LLC COM 48248A306 20 2,010 X 1, 2 2,010 0 0
Kaiser Group Holdings Inc COM 483059101 2,377 81,949 X 1, 2 81,949 0 0
Keycorp COM 493267108 13,705 1,543,351 X 1, 2 1,543,351 0 0
Kimco Realty Corp COM 49446R109 2,340 127,600 X 1, 2 127,600 0 0
Kimco Realty Corp PFD 49446R869 4,926 200,000 X 1, 2 200,000 0 0
KINDER MORGAN ENERGY PRTNRS COM 494550106 7 95 X 1, 2 95 0 0
KINDER MORGAN INC COM 49456B101 622 21,000 X 1, 2 21,000 0 0
Kinross Gold Corp COM 496902404 218 13,845 X 1, 2 13,845 0 0
Knight Capital Group Inc COM 499005106 2 160 X 1, 2 160 0 0
KODIAK OIL & GAS CORP COM 50015Q100 4,556 680,000 X 1, 2 680,000 0 0
PHILIPS ELECTRONICS-NY SHR ADR 500472303 237 7,380 X 1, 2 7,380 0 0
KRAFT FOODS INC - A COM 50075N104 11 355 X 1, 2 355 0 0
KYOCERA CORP -SPONS ADR ADR 501556203 50 500 X 1, 2 500 0 0
LG DISPLAY CO LTD-ADR ADR 50186V102 233 14,800 X 1, 2 14,800 0 0
LLX LOGISTICA SA - SPON ADR ADR 502024102 613 188,522 X 1, 2 188,522 0 0
LSB Industries Inc. COM 502160104 10,627 268,090 X 1, 2 268,090 0 0
Laboratory Corp of America Holdings COM 50540R409 2,186 23,723 X 1, 2 23,723 0 0
LASALLE HOTEL PROPERTIES COM 517942108 162 6,000 X 1, 2 6,000 0 0
LEAR CORP - W/I COM 521865204 32,719 669,516 X 1, 2 669,516 0 0
Leggett & Platt Inc. COM 524660107 9 385 X 1, 2 385 0 0
Lehman Brothers Holdings Inc PFD 524908704 27 595,560 X 1, 2 595,560 0 0
Lehman Brothers Holdings Inc PFD 524908720 0 219,300 X 1, 2 219,300 0 0
Lehman Brothers Holdings Inc PFD 524908886 21 696,201 X 1, 2 696,201 0 0
Lehman Brothers Holding Cp Trust III PFD 52519Y209 45 1,135,400 X 1, 2 1,135,400 0 0
Lehman Brother Holding Cap Trust V PFD 52520E200 2 46,600 X 1, 2 46,600 0 0
LENNAR CORP COM 526057104 26,137 1,442,442 X 1, 2 1,442,442 0 0
Live Nation Entertainment Inc COM 538034109 84,268 8,426,767 X 1, 2 8,426,767 0 0
Lockheed Martin Corporation COM 539830109 217 2,700 X 1, 2 2,700 0 0
LOUISIANA PAC CORP COM 546347105 6,143 585,000 X 1, 2 585,000 0 0
Lowe's Companies COM 548661107 142,328 5,385,097 X 1, 2 5,385,097 0 0
LUMBER LIQUIDATORS HOLDINGS COM 55003T107 6,528 261,239 X 1, 2 261,239 0 0
M&T Bank Corporation COM 55261F104 23,765 268,627 X 1, 2 268,627 0 0
MBIA Inc COM 55262C100 188 18,750 X 1, 2 18,750 0 0
MDC HOLDINGS INC COM 552676108 12,067 476,000 X 1, 2 476,000 0 0
MFA FINANCIAL INC COM 55272X102 4,744 578,492 X 1, 2 578,492 0 0
Macerich Co/The COM 554382101 327 6,601 X 1, 2 6,601 0 0
Macquarie Infrastructure Co LLC COM 55608B105 298 12,500 X 1, 2 12,500 0 0
MAGNA INTERNATIONAL INC COM 559222401 38 800 X 1, 2 800 0 0
Manitoba Telecom Services Inc COM 563486109 27 910 X 1, 2 910 0 0
MASSEY ENERGY COMPANY COM 576206106 393 5,755 X 1, 2 5,755 0 0
MCCORMICK & CO-NON VTG SHRS COM 579780206 11,116 232,407 X 1, 2 232,407 0 0
McDonald's Corp COM 580135101 40,711 535,043 X 1, 2 506,196 155 28,692
McKesson Corp COM 58155Q103 39,110 494,752 X 1, 2 494,752 0 0
Mcmoran Exploration Co COM 582411104 3,365 190,000 X 1, 2 190,000 0 0
Medco Health Solutions Inc COM 58405U102 3,774 67,198 X 1, 2 67,198 0 0
MEDICAL PROPERTIES TRUST INC COM 58463J304 197 17,000 X 1, 2 17,000 0 0
MEDNAX INC COM 58502B106 12,821 192,481 X 1, 2 192,481 0 0
Medtronic Inc. COM 585055106 106,786 2,713,756 X 1, 2 2,708,266 0 5,490
Merck & Co Inc COM 58933Y105 46,047 1,394,955 X 1, 2 1,394,380 0 575
Merrill Lynch Preferred Cap Trust III PFD 59021F206 29,515 1,203,720 X 1, 2 1,203,720 0 0
ML Preferred Capital Trust IV PFD 59021G204 21,441 863,152 X 1, 2 863,152 0 0
Merrill Lynch Preferred Capital Trust PFD 59021K205 26,174 1,052,000 X 1, 2 1,052,000 0 0
Metlife Inc COM 59156R108 152,622 3,412,065 X 1, 2 3,405,675 0 6,390
METLIFE INC 5% 10/10/2012 PFD 59156R116 29,273 345,000 X 1, 2 345,000 0 0
Metlife Inc 6.5% Ser B PFD 59156R603 117,958 4,744,900 X 1, 2 4,744,900 0 0
MITSUBISHI UFJ FINL GRP-ADR ADR 606822104 244 53,010 X 1, 2 53,010 0 0
MOLSON COORS BREWING CO B COM 60871R209 229 4,880 X 1, 2 4,880 0 0
Monsanto Co COM 61166W101 36,968 511,592 X 1, 2 511,592 0 0
MOODY S CORP COM 615369105 109,346 3,224,603 X 1, 2 3,224,603 0 0
Morgan Stanley COM 617446448 36,858 1,349,111 X 1, 2 1,349,111 0 0
Morgan Stanley Capital Trust III PFD 617460209 20,033 843,500 X 1, 2 843,500 0 0
MORGAN STANLEY CAP TR VI PFD 617461207 1,394 57,000 X 1, 2 57,000 0 0
Morgan Stanley Capital Trust IV PFD 617462205 31,677 1,328,160 X 1, 2 1,328,160 0 0
Morgan Stanley Capital Trust V PFD 617466206 21,634 932,100 X 1, 2 932,100 0 0
MORGAN STANLEY CAP TRUST PFD 61750K208 2,921 120,300 X 1, 2 120,300 0 0
NYSE Euronext COM 629491101 4,687 133,267 X 1, 2 133,267 0 0
NATIONAL GRID PLS-SP ADR ADR 636274300 16,382 341,000 X 1, 2 341,000 0 0
NEOPHOTONICS CORP COM 64051T100 4,510 398,782 X 1, 2 398,782 0 0
New York Cmnty Bancorp Inc COM 649445103 11 615 X 1, 2 615 0 0
Newmont Mining Corp COM 651639106 4,897 89,719 X 1, 2 89,719 0 0
Nexen Inc PFD 65334H508 153,445 6,053,069 X 1, 2 6,053,069 0 0
NEXTERA ENERGY INC COM 65339F101 6 112 X 1, 2 112 0 0
NEXTERA ENERGY CAPITAL PFD 65339K407 546 20,000 X 1, 2 20,000 0 0
NIELSEN HOLDINGS NV PFD 65410B201 569 10,000 X 1, 2 10,000 0 0
NINTENDO CO LTD-UNSPONS ADR ADR 654445303 24,627 726,689 X 1, 2 726,689 0 0
NIPPON TEL & TEL - SP ADR ADR 654624105 45 2,000 X 1, 2 2,000 0 0
NiSource Inc. COM 65473P105 24,560 1,280,500 X 1, 2 1,280,500 0 0
Nokia OYJ ADR 654902204 183 21,480 X 1, 2 21,480 0 0
NOMURA HOLDINGS INC-ADR ADR 65535H208 36 7,000 X 1, 2 7,000 0 0
Norfolk Southern Corp COM 655844108 32,254 465,634 X 1, 2 442,551 125 22,958
Northeast Utilities COM 664397106 9,256 267,500 X 1, 2 267,500 0 0
Northwest Natural Gas Co COM 667655104 6,112 132,500 X 1, 2 132,500 0 0
Novartis AG ADR 66987V109 33,894 623,627 X 1, 2 623,627 0 0
NSTAR COM 67019E107 51,822 1,120,000 X 1, 2 1,120,000 0 0
Nucor Corp COM 670346105 3 75 X 1, 2 75 0 0
OGE Energy Corp. COM 670837103 44,240 875,000 X 1, 2 875,000 0 0
OGX PETROLEO E-SPON ADR ADR 670849108 1,229 99,889 X 1, 2 99,889 0 0
Occidental Petroleum Corp COM 674599105 89,351 855,111 X 1, 2 838,837 85 16,189
Ocean Spray Cranberries Inc PFD 675022404 60,105 725,250 X 1, 2 725,250 0 0
OLD REPUBLIC INTERNATIONAL COM 680223104 4,396 346,376 X 1, 2 346,376 0 0
OMNICARE INC COM 681904108 1,320 44,020 X 1, 2 44,020 0 0
OMNICOM GROUP COM 681919106 41,433 844,529 X 1, 2 844,529 0 0
Oneok Inc COM 682680103 31,405 469,577 X 1, 2 469,577 0 0
OWENS CORNING INC COM 690742101 78,570 2,183,102 X 1, 2 2,183,102 0 0
Owens-Illinois Inc COM 690768403 59,273 1,963,346 X 1, 2 1,963,346 0 0
PLC Capital Trust IV PFD 69340N202 24,405 978,535 X 1, 2 978,535 0 0
PLC Capital Trust V PFD 69340Y208 10,585 441,950 X 1, 2 441,950 0 0
PMI GROUP INC COM 69344M101 215 79,475 X 1, 2 79,475 0 0
PNC Financial Services Group Inc COM 693475105 70,657 1,121,719 X 1, 2 1,121,189 0 530
POSCO ADR 693483109 242 2,120 X 1, 2 2,120 0 0
PNM Resources Inc COM 69349H107 8,325 558,000 X 1, 2 558,000 0 0
PPG Industries Inc COM 693506107 9 90 X 1, 2 90 0 0
PPL CORPORATION PFD 69351T601 58,298 1,095,000 X 1, 2 1,095,000 0 0
PPL Electric Utilities Corp PFD 69351U863 42,868 1,719,000 X 1, 2 1,719,000 0 0
PPL CORPORATION 7.00 PFD 69352J883 65,529 2,597,256 X 1, 2 2,597,256 0 0
Sempra Energy PFD 694232307 3,350 42,400 X 1, 2 42,400 0 0
Pacific Enterprises PFD 694232505 3,645 45,000 X 1, 2 45,000 0 0
Sempra Energy PFD 694232604 4,392 52,285 X 1, 2 52,285 0 0
PACKAGING CORP OF AMERICA COM 695156109 1,054 36,474 X 1, 2 36,474 0 0
PALL CORP COM 696429307 970 16,843 X 1, 2 16,843 0 0
PAR PHARMACEUTICAL COS INC COM 69888P106 7,018 225,800 X 1, 2 225,800 0 0
PARK NATIONAL CORP COM 700658107 1,746 26,127 X 1, 2 26,127 0 0
PARKWAY PROPERTIES (REITS) COM 70159Q104 191 11,216 X 1, 2 11,216 0 0
PATRIOT COAL CORP COM 70336T104 8,464 327,700 X 1, 2 327,700 0 0
PENN VIRGINIA CORP COM 707882106 10,091 595,000 X 1, 2 595,000 0 0
PENN REAL ESTATE INVEST TST COM 709102107 178 12,500 X 1, 2 12,500 0 0
Pepsico Inc COM 713448108 228,198 3,542,898 X 1, 2 3,488,359 195 54,344
PETROCHINA CO LTD -ADR ADR 71646E100 54 352 X 1, 2 352 0 0
Petroleo Brasileiro SA-ADR ADR 71654V408 1,174 29,042 X 1, 2 29,042 0 0
Pfizer Inc COM 717081103 124,255 6,117,925 X 1, 2 6,117,925 0 0
Philip Morris Internat-W/I COM 718172109 58,451 890,614 X 1, 2 861,003 130 29,481
PHILLIPS-VAN HEUSEN COM 718592108 660 10,154 X 1, 2 10,154 0 0
Phoenix Companies Inc PFD 71902E208 18,564 829,849 X 1, 2 829,849 0 0
Plains Exploration & Product Company COM 726505100 298 8,217 X 1, 2 8,217 0 0
Pliant Corp PFD 729136507 0 1,972 X 1, 2 1,972 0 0
PLUM CREEK TIMBER CO-REIT COM 729251108 5,925 135,859 X 1, 2 135,859 0 0
Praxair Inc COM 74005P104 26,440 260,233 X 1, 2 241,549 70 18,614
PRECISION CASTPARTS CORP COM 740189105 1,028 6,984 X 1, 2 6,984 0 0
Pride International Inc COM 74153Q102 1,099 25,580 X 1, 2 25,580 0 0
Principal Financial Group Inc. PFD 74251V300 3,880 160,000 X 1, 2 160,000 0 0
PROASSURANCE CORP COM 74267C106 1,159 18,295 X 1, 2 18,295 0 0
Procter & Gamble Co COM 742718109 120,881 1,962,349 X 1, 2 1,919,227 195 42,927
Progress Energy Inc COM 743263105 45,448 985,000 X 1, 2 985,000 0 0
Progress Energy Inc COM 743263AA3 49 337,750 X 1, 2 337,750 0 0
Progressive Corp COM 743315103 4,919 232,793 X 1, 2 232,793 0 0
Prologis Trust COM 743410102 390 24,436 X 1, 2 24,436 0 0
Prudential Financial Inc COM 744320102 103,066 1,673,689 X 1, 2 1,673,689 0 0
Public Service Enterprise Group COM 744573106 15,125 480,000 X 1, 2 480,000 0 0
PUBLIC STORAGE 6.5% 12/31/49 PFD 74460D158 5,757 224,450 X 1, 2 224,450 0 0
Public Storage Inc PFD 74460D497 862 35,000 X 1, 2 35,000 0 0
Public Storage Inc PFD 74460D554 746 30,000 X 1, 2 30,000 0 0
Public Storage Inc PFD 74460D570 1,987 80,000 X 1, 2 80,000 0 0
Pulte Group Inc COM 745867101 56,014 7,569,468 X 1, 2 7,569,468 0 0
QUAD GRAPHICS INC COM 747301109 2,027 47,641 X 1, 2 47,641 0 0
QUANTEX BUILDING PRODUCTS COM 747619104 4,087 208,211 X 1, 2 208,211 0 0
QUANTA SERVICES INC COM 74762E102 6,437 287,000 X 1, 2 287,000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 2,734 47,375 X 1, 2 47,375 0 0
RBS Capital Fund Trust V PFD 74928K208 26,405 1,760,366 X 1, 2 1,760,366 0 0
RBS Capital Fund Trst VI PFD 74928M204 5,134 340,000 X 1, 2 340,000 0 0
RBS Capital Fund Trst VII PFD 74928P207 20,247 1,348,000 X 1, 2 1,348,000 0 0
RSC HOLDINGS INC COM 74972L102 3,092 215,000 X 1, 2 215,000 0 0
Range Resources Corp COM 75281A109 767 13,127 X 1, 2 13,127 0 0
RARE ELEMENT RESOURCES LTD COM 75381M102 4,837 367,270 X 1, 2 367,270 0 0
RAYONIER INC COM 754907103 4 60 X 1, 2 60 0 0
RED HAT INC COM 756577102 727 16,012 X 1, 2 16,012 0 0
Reddy Ice Holdings Inc COM 75734R105 852 283,977 X 1, 2 283,977 0 0
REGIONS FINANCING TR III PFD 7591EM107 2 70 X 1, 2 70 0 0
REPSOL YPF SA -SPONSORED ADR ADR 76026T205 55 1,600 X 1, 2 1,600 0 0
Republic Services Inc. COM 760759100 100,416 3,342,731 X 1, 2 3,342,731 0 0
RETAIL VENTURES INC. COM 76128Y102 21,821 1,265,000 X 1, 2 1,265,000 0 0
RIO TINTO PLC-SPON ADR ADR 767204100 222 3,123 X 1, 2 3,123 0 0
ROBERT HALF INTN L INC COM 770323103 27,098 885,564 X 1, 2 885,564 0 0
Rosetta Stone Inc. COM 777780107 7,450 563,986 X 1, 2 563,986 0 0
ROYAL BANK OF CANADA COM 780087102 44 710 X 1, 2 710 0 0
Royal Bank of Scotland Group Plc PFD 780097788 54,597 2,873,500 X 1, 2 2,873,500 0 0
Royal Dutch Shell PLC-ADR ADR 780259206 45,225 620,716 X 1, 2 582,133 180 38,403
SL Green Realty Corp COM 78440X101 235 3,122 X 1, 2 3,122 0 0
SLM Corp PFD 78442P205 32,477 751,790 X 1, 2 751,790 0 0
SLM Corp PFD 78442P304 9,400 445,940 X 1, 2 445,940 0 0
SAFEWAY INC COM 786514208 27,362 1,162,343 X 1, 2 1,162,343 0 0
THE ST JOE COMPANY COM 790148100 4,464 178,081 X 1, 2 178,081 0 0
SANOFI-AVENTIS-ADR ADR 80105N105 245 6,945 X 1, 2 6,945 0 0
Banco Santander PFD 80281R300 366 15,500 X 1, 2 15,500 0 0
SANTANDER HOLDINGS USA PFD 80282K205 30,501 1,211,781 X 1, 2 1,211,781 0 0
Sasol Ltd ADR 803866300 85 1,464 X 1, 2 1,464 0 0
SCANA CORPORATION 7.7% 1/30/2065 PFD 80589M201 55,102 1,976,400 X 1, 2 1,976,400 0 0
Schlumberger Ltd COM 806857108 86,638 928,992 X 1, 2 926,592 0 2,400
Charles Schwab Corp COM 808513105 85,015 4,715,207 X 1, 2 4,715,207 0 0
SCHWEITZER-MAUDUIT INTL INC COM 808541106 16,093 317,985 X 1, 2 317,985 0 0
Siemens AG ADR 826197501 55 400 X 1, 2 400 0 0
Silver Wheaton Corp. COM 828336107 107 2,473 X 1, 2 2,473 0 0
Simon Property Group Inc COM 828806109 7,979 74,461 X 1, 2 74,461 0 0
SMITH & NEPHEW PLC -SPON ADR ADR 83175M205 220 3,900 X 1, 2 3,900 0 0
SMURFIT-STONE CONTAINER CORP COM 83272A104 22,308 577,169 X 1, 2 577,169 0 0
SNAP INTERACTIVE INC COM 83303W1PP 5,580 2,000,000 X 1, 2 2,000,000 0 0
SNAP INTERACTIVE INC WARRANT COM 83303W1PW 2,052 1,000,000 X 1, 2 1,000,000 0 0
SONY CORP-SPONSORED ADR ADR 835699307 41 1,300 X 1, 2 1,300 0 0
Southern Cal Edison PFD 842400731 17,274 180,000 X 1, 2 180,000 0 0
Southern Cal Ed PFD 842400749 38,004 384,000 X 1, 2 384,000 0 0
Southern Co/The COM 842587107 19,698 516,867 X 1, 2 516,867 0 0
Southwestern Energy Co COM 845467109 76,532 1,781,059 X 1, 2 1,781,059 0 0
Sovereign Capital Trust V PFD 84604V204 16,100 633,850 X 1, 2 633,850 0 0
Spectra Energy Corp-W/I COM 847560109 33,160 1,220,000 X 1, 2 1,220,000 0 0
SPECTRUM BRANDS HOLDINGS INC COM 84763R101 16,187 583,100 X 1, 2 583,100 0 0
Sprint Nextel Corporation COM 852061100 8 1,725 X 1, 2 1,725 0 0
Stantec Inc COM 85472N109 664 22,115 X 1, 2 22,115 0 0
Star Tribune COM 85519Y100 1,362 54,473 X 1, 2 54,473 0 0
Star Tribune COM 85519Y118 0 20,778 X 1, 2 20,778 0 0
State Street Corp COM 857477103 112,009 2,492,421 X 1, 2 2,480,206 0 12,215
STEELCASE INC-CL A COM 858155203 6,661 585,318 X 1, 2 585,318 0 0
STEWART INFORMATION SERVICES COM 860372101 11,176 1,066,423 X 1, 2 1,066,423 0 0
STRATEGIC HOTELS & RSRTS PFD 86272T502 2,675 100,000 X 1, 2 100,000 0 0
Stryker Corp. COM 863667101 1,294 21,290 X 1, 2 21,290 0 0
SUN LIFE FINANCIAL INC COM 866796105 269 8,570 X 1, 2 8,570 0 0
Suncor Energy Inc COM 867224107 178,316 3,976,712 X 1, 2 3,976,712 0 0
Sunstone Hotel Investors Inc COM 867892101 255 25,000 X 1, 2 25,000 0 0
Suntrust Banks Inc COM 867914103 24,197 839,007 X 1, 2 839,007 0 0
SWIFT TRANSPORTATION CO COM 87074U101 20,462 1,392,000 X 1, 2 1,392,000 0 0
Synovus Financial Corp. COM 87161C105 5,088 2,120,000 X 1, 2 2,120,000 0 0
TCF Financial Corp. COM 872275102 45,789 2,887,099 X 1, 2 2,887,099 0 0
Teco Energy Inc. COM 872375100 10,693 570,000 X 1, 2 570,000 0 0
TJX Companies Inc. COM 872540109 33,138 666,359 X 1, 2 632,240 170 33,949
TAL INTERNATIONAL GROUP INC COM 874083108 4 120 X 1, 2 120 0 0
Target Corp COM 87612E106 30,603 611,939 X 1, 2 579,225 140 32,574
TELEFONICA DE ESPANA ADR 879382208 1,073 42,560 X 1, 2 42,560 0 0
TELEPHONE & DATA SYSTEM PFD 879433837 22,689 908,300 X 1, 2 908,300 0 0
TELEPHONE & DATA SYSTEM PFD 879433845 21,825 874,050 X 1, 2 874,050 0 0
Telephone & Data Systems PFD 879433852 16,426 668,000 X 1, 2 668,000 0 0
Telephone & Data Systems Inc PFD 879433878 39,749 1,581,740 X 1, 2 1,581,740 0 0
TEMBEC INC COM 87974D100 712 114,308 X 1, 2 114,308 0 0
Tempur Pedic Intl Inc COM 88023U101 10,502 207,308 X 1, 2 207,308 0 0
Tenneco Inc COM 880349105 38 894 X 1, 2 894 0 0
TEXAS INSTRUMENTS INC COM 882508104 47,402 1,371,595 X 1, 2 1,282,752 430 88,413
TEXTRON INC COM 883203101 85,254 3,112,583 X 1, 2 3,112,583 0 0
THOMPSON CREEK METALS CO INC COM 884768102 217 17,300 X 1, 2 17,300 0 0
3M Co COM 88579Y101 39,256 419,850 X 1, 2 391,760 100 27,990
TIMBERLAND COM 887100105 24,115 584,041 X 1, 2 584,041 0 0
Time Warner Cable COM 88732J207 2,160 30,284 X 1, 2 30,284 0 0
Toronto-Dominion Bank COM 891160509 55 617 X 1, 2 617 0 0
Total SA ADR 89151E109 19,375 317,785 X 1, 2 312,440 0 5,345
TREX COMPANY INC COM 89531P105 10,186 312,268 X 1, 2 312,268 0 0
TRUMP ENT COM COM 89816T202 10,282 775,437 X 1, 2 775,437 0 0
UIL HOLDINGS CORP COM 902748102 24,443 800,900 X 1, 2 800,900 0 0
U.S. Bancorp COM 902973304 93,707 3,545,487 X 1, 2 3,545,487 0 0
Usg Corp COM 903293405 5,100 306,122 X 1, 2 306,122 0 0
USB CAPITAL XI PFD 903300200 13,613 533,000 X 1, 2 533,000 0 0
USB Capital VIII PFD 903307205 25,486 1,017,800 X 1, 2 1,017,800 0 0
US Airways Group Inc COM 90341W108 823 94,500 X 1, 2 94,500 0 0
Ultra Petroleum Corp. COM 903914109 36,886 748,959 X 1, 2 748,959 0 0
UNILEVER PLC-SPONSORED A ADR 904767704 46 1,500 X 1, 2 1,500 0 0
Union Pacific Corp COM 907818108 852 8,665 X 1, 2 8,665 0 0
UNITED CONTINENTAL HOLDINGS COM 910047109 8,364 363,801 X 1, 2 363,801 0 0
United Parcel Service - Cl B COM 911312106 19,885 267,556 X 1, 2 267,556 0 0
US Cellular PFD 911684306 75,729 2,999,169 X 1, 2 2,999,169 0 0
United Technologies Corp COM 913017109 133,275 1,574,428 X 1, 2 1,533,176 135 41,117
USB Capital PFD 91731L207 3,129 122,700 X 1, 2 122,700 0 0
VF Corporation COM 918204108 26,679 270,767 X 1, 2 253,830 85 16,852
VALE SA ADR 91912E105 442 13,255 X 1, 2 13,255 0 0
Valley National Bancorp COM 919794107 11 820 X 1, 2 820 0 0
VALLEY NATIONAL BANCORP-CW18 COM 919794131 217 96,277 X 1, 2 96,277 0 0
Vectren Corporation COM 92240G101 27,472 1,010,000 X 1, 2 1,010,000 0 0
Verizon Communications Inc COM 92343V104 35,175 912,695 X 1, 2 912,695 0 0
Viacom Inc-Class B COM 92553P2PP 154 3,300 X 1, 2 3,300 0 0
VIACOM PFD 92553P300 84,362 3,245,945 X 1, 2 3,245,945 0 0
Virginia Electric & Power Co PFD 927804625 4,665 45,500 X 1, 2 45,500 0 0
VISA INC - CLASS A SHARES COM 92826C839 28,795 391,124 X 1, 2 391,124 0 0
Vornado Realty Trust COM 929042109 2,074 23,700 X 1, 2 23,700 0 0
WMS Industries Inc. COM 929297109 8,295 234,650 X 1, 2 234,650 0 0
Wachovia Corp PFD 92977V206 30,801 1,205,500 X 1, 2 1,205,500 0 0
Wal-Mart Stores Inc. COM 931142103 182 3,500 X 1, 2 3,500 0 0
Walgreen Co. COM 931422109 36,374 906,170 X 1, 2 878,711 145 27,314
Walter Energy Inc COM 93317Q105 490 3,615 X 1, 2 3,615 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 1,904 45,382 X 1, 2 45,382 0 0
WELLPOINT INC COM 94973V107 23,940 343,033 X 1, 2 343,033 0 0
Wells Fargo & Co COM 949746101 91,991 2,901,905 X 1, 2 2,882,036 0 19,869
Wells Fargo & Company PFD 949746804 29,786 28,773 X 1, 2 28,773 0 0
Wells Fargo & Company PFD 949746879 109,650 3,904,900 X 1, 2 3,904,900 0 0
Wells Fargo Capital Trust IV PFD 94976Y207 7,651 303,000 X 1, 2 303,000 0 0
Wendy's/Arby's Group Inc COM 950587105 6 1,285 X 1, 2 1,285 0 0
Westar Energy Inc PFD 95709T704 17,937 693,877 X 1, 2 693,877 0 0
WESTERN DIGITAL CORP COM 958102105 1,019 27,321 X 1, 2 27,321 0 0
Weyerhaeuser Co COM 962166104 6,884 279,832 X 1, 2 279,832 0 0
Williams Cos Inc COM 969457100 430 13,794 X 1, 2 13,794 0 0
Xanadoo Co PFD 98387T301 11,397 345,350 X 1, 2 345,350 0 0
Xcel Energy Inc COM 98389B100 37,507 1,570,000 X 1, 2 1,570,000 0 0
Xcel Energy Inc PFD 98389B308 637 8,610 X 1, 2 8,610 0 0
XCEL ENERGY INC PFD 98389B407 2,309 31,000 X 1, 2 31,000 0 0
Xcel Energy Inc PFD 98389B506 2,712 33,691 X 1, 2 33,691 0 0
Xcel Energy Inc PFD 98389B605 3,234 39,440 X 1, 2 39,440 0 0
Xcel Energy Inc PFD 98389B704 6,179 75,130 X 1, 2 75,130 0 0
Xcel Energy Inc PFD 98389B886 21,711 779,000 X 1, 2 779,000 0 0
YANZHOU COAL MINING-SP ADR ADR 984846105 58 1,586 X 1, 2 1,586 0 0
Yum Brands Inc COM 988498101 612 11,908 X 1, 2 11,908 0 0
ZIMMER HOLDINGS INC COM 98956P102 2,387 39,433 X 1, 2 39,433 0 0
ZIONS BANCORP PFD 989701503 17,365 662,776 X 1, 2 662,776 0 0
ZIONS BANCORP PFD 989701875 1,988 73,000 X 1, 2 73,000 0 0
Prudential Plc PFD B02FFZ2 5,687 227,100 X 1, 2 227,100 0 0
SANTANDER FIN PFD SA UNI PFD E8683R144 40,430 1,421,100 X 1, 2 1,421,100 0 0
Assured Guaranty Ltd COM G0585R106 10,037 673,632 X 1, 2 673,632 0 0
Cooper Industries PLC COM G24140108 10,390 160,092 X 1, 2 160,092 0 0
COVIDIEN PLC COM G2554F113 717 13,802 X 1, 2 13,802 0 0
Lazard Ltd COM G54050102 86,536 2,081,198 X 1, 2 2,081,198 0 0
Prudential Plc 6.5 PFD G7293H189 9,651 387,138 X 1, 2 387,138 0 0
Renaissancere Holdings Limited PFD G7498P309 6,938 302,300 X 1, 2 302,300 0 0
SEACUBE CONTAINER LEASING LT COM G79978105 7,445 465,000 X 1, 2 465,000 0 0
ACE Ltd. COM H0023R105 48,669 752,233 X 1, 2 752,233 0 0
Weatherford International Ltd. COM H27013103 48,496 2,145,858 X 1, 2 2,145,858 0 0
Doral Common Stock - Private Deal COM JHDRLCOMM 1,055 959,453 X 1, 2 959,453 0 0
First American Financial Holdings Inc COM JHFFAMFPP 1,272 300,000 X 1, 2 300,000 0 0
FIRST MICHIGAN BANK PRIVATE PLACEMENT COM JHFFMBPP1 19,028 3,350,000 X 1, 2 3,350,000 0 0
Fontainebleau Class A Units PFD JHFFONUNI 5 450,450 X 1, 2 450,450 0 0
Muzak Holdings LLC COM JHFMUZCOM 0 323,174 X 1, 2 323,174 0 0
Muzak Holdings LLC - Preferred PFD JHFMUZPFD 263 28,384 X 1, 2 28,384 0 0
VERTIS HOLDINGS COM JHVERTIS7 22,378 1,134,774 X 1, 2 1,134,774 0 0
Katanga Mining Warrants COM KATWTS850 2 80,000 X 1, 2 80,000 0 0
LYONDELLBASELL INDU-CL A COM N53745100 10,399 262,925 X 1, 2 262,925 0 0
Copa Holdings SA-Class A COM P31076105 8,819 167,035 X 1, 2 167,035 0 0
DIANA SHIPPING INC COM Y2066G104 155 13,085 X 1, 2 13,085 0 0
100,000THS FIRST HORIZON COM DCA517101 0 45,924 X 1, 2 45,924 0 0
ANALOG DEVICES INC COM 032654105 23,332 592,488 X 1, 2 545,598 250 46,640
AUTOMATIC DATA PROCES COM 053015103 21,599 420,951 X 1, 2 377,790 170 42,991
CISCO SYS INC COM 17275R102 1,006 58,663 X 1, 2 29,334 0 29,329
CLIFFS NATURAL RESOUR COM 18683K101 615 6,258 X 1, 2 6,258 0 0
COLGATE PALMOLIVE CO COM 194162103 796 9,857 X 1, 2 4,139 0 5,718
COMMERCE BANCSHARES I COM 200525103 29,376 726,418 X 1, 2 672,307 300 53,811
DENTSPLY INTL INC COM 249030107 739 19,965 X 1, 2 6,550 0 13,415
HASBRO INC COM 418056107 20,689 441,702 X 1, 2 409,620 185 31,897
ILLINOIS TOOL WKS INC COM 452308109 18,200 338,801 X 1, 2 302,048 130 36,623
INTEL CORP COM 458140100 953 47,217 X 1, 2 16,577 0 30,640
JOHN HANCOCK INVT TR COM 47803P302 473 28,500 X 1, 2 28,500 0 0
MCGRAW-HILL COMPANIES COM 580645109 507 12,875 X 1, 2 3,710 0 9,165
MICROCHIP TECHNOLOGY COM 595017104 718 18,880 X 1, 2 4,785 0 14,095
MICROSOFT CORP COM 594918104 32,140 1,265,838 X 1, 2 1,137,173 485 128,180
ORACLE SYS CORP COM 68389X105 814 24,334 X 1, 2 7,655 0 16,679
PINNACLE BANKSHARES C COM 72345E102 180 22,338 X 1, 2 22,338 0 0
PRICE T ROWE GROUP IN COM 74144T108 22,074 332,341 X 1, 2 305,353 125 26,863
QUALCOMM INC COM 747525103 29,511 538,224 X 1, 2 491,603 225 46,396
SYSCO CORP COM 871829107 245 8,840 X 1, 2 1,500 0 7,340
TEVA PHARMACEUTICAL I COM 881624209 570 11,353 X 1, 2 4,115 0 7,238
Number of Securities 656 13,056,026