0001109228-14-000004.txt : 20140520 0001109228-14-000004.hdr.sgml : 20140520 20140520150709 ACCESSION NUMBER: 0001109228-14-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140331 FILED AS OF DATE: 20140520 DATE AS OF CHANGE: 20140520 EFFECTIVENESS DATE: 20140520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KCM INVESTMENT ADVISORS LLC CENTRAL INDEX KEY: 0001109228 IRS NUMBER: 911756649 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05651 FILM NUMBER: 14857638 BUSINESS ADDRESS: STREET 1: 750 LINDARO STREET STREET 2: SUITE 250 CITY: SAN RAFAEL STATE: CA ZIP: 94901 BUSINESS PHONE: 415-461-7788 MAIL ADDRESS: STREET 1: 750 LINDARO STREET STREET 2: SUITE 250 CITY: SAN RAFAEL STATE: CA ZIP: 94901 FORMER COMPANY: FORMER CONFORMED NAME: KCM INVESTMENT ADVISORS/CA DATE OF NAME CHANGE: 20000413 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001109228 XXXXXXXX 03-31-2014 03-31-2014 KCM INVESTMENT ADVISORS LLC

750 LINDARO STREET SUITE 250 SAN RAFAEL CA 94901

13F HOLDINGS REPORT 028-05651 N William PRince 4154617788 William Prince San Rafael CA 05-15-2014 0 524 1019688 false INFORMATION TABLE 2 kcm13f03312014.xml 3M Co COM 88579y101 8786 64762 SH SOLE 64762 0 0 ABB Ltd -Spon ADR COM 000375204 4106 159219 SH SOLE 159219 0 0 AGL Resources Inc COM 001204106 3036 62009 SH SOLE 62009 0 0 AT&T Inc COM 00206r102 9926 283024 SH SOLE 283024 0 0 AbbVie Inc COM 00287y109 6741 131144 SH SOLE 131144 0 0 Abbott Laboratories COM 002824100 8109 210566 SH SOLE 210566 0 0 Accenture PLC-Cl A COM g1151c101 3304 41450 SH SOLE 41450 0 0 Actavis LTD COM 097252718 255 1238 SH SOLE 1238 0 0 Adobe Systems Inc COM 00724f101 340 5170 SH SOLE 5170 0 0 Aetna Inc COM 00817Y108 442 5900 SH SOLE 5900 0 0 Agilent Technologies Inc COM 00846u101 897 16041 SH SOLE 16041 0 0 Air Products & Chemicals Inc COM 009158106 3270 27471 SH SOLE 27471 0 0 Allegion PLC COM g0176j109 310 5940 SH SOLE 5940 0 0 Allstate Corp COM 020002101 312 5512 SH SOLE 5512 0 0 Altria Group Inc COM 02209s103 5878 157027 SH SOLE 157027 0 0 Amarillo Gold Corp COM 041133317 203 1400000 SH SOLE 1400000 0 0 Amazon.Com Inc COM 023135106 366 1088 SH SOLE 1088 0 0 American Electric Power COM 025537101 400 7901 SH SOLE 7901 0 0 American Express Co COM 025816109 3137 34842 SH SOLE 34842 0 0 Amgen Inc COM 031162100 1477 11972 SH SOLE 11972 0 0 Apache Corp COM 037411105 266 3203 SH SOLE 3203 0 0 Apple Inc COM 037833100 13882 25864 SH SOLE 25864 0 0 Archer-Daniels-Midland Co COM 039483102 463 10669 SH SOLE 10669 0 0 Automatic Data Processing COM 053015103 5626 72818 SH SOLE 72818 0 0 BCE Inc COM 05534b760 1822 42244 SH SOLE 42244 0 0 Bank Of Marin Bancorp/CA COM 063425102 563 12501 SH SOLE 12501 0 0 Bank of America Corp COM 060505104 2381 138454 SH SOLE 138454 0 0 Bank of Montreal COM 063671101 899 13420 SH SOLE 13420 0 0 Baxter International Inc. COM 071813109 368 5000 SH SOLE 5000 0 0 Becton Dickinson & Co COM 075887109 472 4033 SH SOLE 4033 0 0 Berkshire Hathaway Inc-Cl B COM 084670702 2349 18800 SH SOLE 18800 0 0 Biocryst Pharmaceuticals Inc COM 09058v103 384 36261 SH SOLE 36261 0 0 Biogen Idec Inc COM 09062x103 1282 4191 SH SOLE 4191 0 0 Blackrock Inc COM 09247x101 201 640 SH SOLE 640 0 0 Blackstone Group/The COM 09253u108 630 18948 SH SOLE 18948 0 0 Boeing Co COM 097023105 3288 26199 SH SOLE 26199 0 0 Bristol-Myers Squibb Co COM 110122108 12180 234461 SH SOLE 234461 0 0 Broadcom Corp-Cl A COM 111320107 777 24687 SH SOLE 24687 0 0 CVS Caremark Corp COM 126650100 3252 43439 SH SOLE 43439 0 0 Carlyle Group/The COM 14309l102 1027 29219 SH SOLE 29219 0 0 Caterpillar Inc COM 149123101 1851 18628 SH SOLE 18628 0 0 Celgene Corp COM 151020104 363 2603 SH SOLE 2603 0 0 CenterPoint Energy Inc COM 15189t107 1783 75270 SH SOLE 75270 0 0 Cerner Corp COM 156782104 1692 30075 SH SOLE 30075 0 0 Cerus Corp COM 157085101 48 10000 SH SOLE 10000 0 0 Check Point Software Tech COM 2181334 335 4954 SH SOLE 4954 0 0 Chevron Corp COM 166764100 21462 180493 SH SOLE 180493 0 0 Chubb Corp COM 171232101 2605 29175 SH SOLE 29175 0 0 Cisco Systems Inc COM 17275R102 2735 122004 SH SOLE 122004 0 0 Citigroup Inc COM 172967424 1073 22550 SH SOLE 22550 0 0 Clorox Company COM 189054109 6044 68674 SH SOLE 68674 0 0 Coca-Cola Co/The COM 191216100 3914 101237 SH SOLE 101237 0 0 Colgate-Palmolive Co COM 194162103 5886 90728 SH SOLE 90728 0 0 Comcast Corp-Cl A COM 20030n101 3584 71618 SH SOLE 71618 0 0 Comerica Inc COM 200340107 500 9660 SH SOLE 9660 0 0 Conagra Foods Inc COM 205887102 1210 39007 SH SOLE 39007 0 0 ConocoPhillips COM 20825C104 14046 199653 SH SOLE 199653 0 0 Consolidated Edison Inc COM 209115104 859 16018 SH SOLE 16018 0 0 Consumer Discretionary Select COM 81369y407 2539 39228 SH SOLE 39228 0 0 Consumer Staples SPDR COM 81369y308 2700 62705 SH SOLE 62705 0 0 Costco Wholesale Corp COM 22160K105 9197 82349 SH SOLE 82349 0 0 DIRECTV Group Inc/The COM 25490a309 243 3184 SH SOLE 3184 0 0 Danaher Corp COM 235851102 3478 46371 SH SOLE 46371 0 0 Deere & Co COM 244199105 1974 21736 SH SOLE 21736 0 0 Diageo Plc-Sponsored ADR COM 25243q205 462 3706 SH SOLE 3706 0 0 Dick's Sporting Goods Inc COM 253393102 952 17438 SH SOLE 17438 0 0 Disney Co./Walt The COM 254687106 5337 66655 SH SOLE 66655 0 0 Dominion Resources Inc/Va COM 25746u109 589 8294 SH SOLE 8294 0 0 Dow Chemical COM 260543103 279 5748 SH SOLE 5748 0 0 Dr Pepper Snapple Group Inc COM 26138e109 555 10193 SH SOLE 10193 0 0 Du Pont (E.I.) De Nemours COM 263534109 6789 101184 SH SOLE 101184 0 0 Duke Energy Corp COM 26441c204 2772 38919 SH SOLE 38919 0 0 EGShares Dow Jones Emerging Ma COM 268461779 4276 161180 SH SOLE 161180 0 0 EMC Metals Corp COM 268665106 1 23400 SH SOLE 23400 0 0 EOG Resources Inc COM 26875p101 272 1386 SH SOLE 1386 0 0 ETFS Physical Precious Metals COM 26922w109 587 8497 SH SOLE 8497 0 0 Eaton Corp PLC COM g29183103 1558 20739 SH SOLE 20739 0 0 Ecolab Inc COM 278865100 5205 48203 SH SOLE 48203 0 0 Edison International COM 281020107 4044 71438 SH SOLE 71438 0 0 Eli Lilly & Co COM 532457108 2032 34523 SH SOLE 34523 0 0 Emerson Electric Co COM 291011104 2050 30689 SH SOLE 30689 0 0 Encounter Technologies Inc COM 29259j105 0 62000 SH SOLE 62000 0 0 EnerSys COM 29275y102 347 5015 SH SOLE 5015 0 0 Energy Transfer Equity LP COM 29273v100 552 11800 SH SOLE 11800 0 0 Energy Transfer Partners LP COM 29273r109 242 4490 SH SOLE 4490 0 0 Enterprise Products Partners COM 293792107 1919 27669 SH SOLE 27669 0 0 Essex Property Trust Inc COM 297178105 659 3875 SH SOLE 3875 0 0 Eurasian Minerals Inc COM 29843r100 56 54086 SH SOLE 54086 0 0 Express Scripts Holding Co. COM 30219g108 1115 14849 SH SOLE 14849 0 0 Exxon Mobil Corp COM 30231G102 14545 148906 SH SOLE 148906 0 0 Facebook Inc COM 30303m102 207 3428 SH SOLE 3428 0 0 FedEx Corp COM 31428x106 261 1970 SH SOLE 1970 0 0 First Trust Dividend Leaders I COM 336917109 1275 56642 SH SOLE 56642 0 0 First Trust Mid Cap Growth Alp COM 33737m102 266 9419 SH SOLE 9419 0 0 First Trust Mid Cap Value ETF COM 33737m201 268 8783 SH SOLE 8783 0 0 Flagstar Bancorp Inc COM 337930705 222 10000 SH SOLE 10000 0 0 Flowserve Corp COM 34354p105 210 2676 SH SOLE 2676 0 0 Fluor Corp COM 343412102 581 7470 SH SOLE 7470 0 0 Ford Motor Co COM 345370860 1452 93063 SH SOLE 93063 0 0 Franklin Resources Inc COM 354613101 244 4495 SH SOLE 4495 0 0 Freeport-McMoRan Copper & Gold COM 35671d857 3080 93143 SH SOLE 93143 0 0 Frontier Communications Corp COM 35906a108 88 15371 SH SOLE 15371 0 0 Gasco Energy Inc COM 367220100 1 12245 SH SOLE 12245 0 0 General Dynamics Corp COM 369550108 1697 15580 SH SOLE 15580 0 0 General Electric Co COM 369604103 15998 617922 SH SOLE 617922 0 0 General Mills Inc COM 370334104 4630 89344 SH SOLE 89344 0 0 Genuine Parts Co COM 372460105 3785 43582 SH SOLE 43582 0 0 Gilead Sciences Inc COM 375558103 1164 16420 SH SOLE 16420 0 0 GlaxoSmithKline Plc-ADR COM 37733w105 2838 53125 SH SOLE 53125 0 0 Glencore Xstrata COM 37827x100 125 12201 SH SOLE 12201 0 0 Goldman Sachs Group Inc COM 38141G104 387 2360 SH SOLE 2360 0 0 Google Inc-Cl A COM 38259P508 3988 3578 SH SOLE 3578 0 0 Grainger (W.W.) Inc COM 384802104 216 853 SH SOLE 853 0 0 Guggenheim BRIC ETF COM 18383m100 355 10955 SH SOLE 10955 0 0 Guggenheim Russell Top 50 ETF COM 78355w205 659 5081 SH SOLE 5081 0 0 Guggenheim S&P Equal Weight ET COM 78355w106 370 5070 SH SOLE 5070 0 0 HCP Inc COM 40414l109 6247 161039 SH SOLE 161039 0 0 HPEV Inc COM 404273104 33 20800 SH SOLE 20800 0 0 Harman International COM 413086109 786 7385 SH SOLE 7385 0 0 Health Care Select Sector COM 81369y209 3223 55107 SH SOLE 55107 0 0 Hershey Co/The COM 427866108 223 2134 SH SOLE 2134 0 0 Hess Corp COM 42809h107 880 10612 SH SOLE 10612 0 0 Hewlett-Packard Co COM 428236103 1315 40622 SH SOLE 40622 0 0 Home Depot Inc COM 437076102 4180 52825 SH SOLE 52825 0 0 Honeywell International Inc COM 438516106 4721 50898 SH SOLE 50898 0 0 Hubbell Inc -Cl B COM 443510201 240 2000 SH SOLE 2000 0 0 Illinois Tool Works COM 452308109 231 2842 SH SOLE 2842 0 0 Infinito Gold Ltd COM 45671c106 0 33130 SH SOLE 33130 0 0 Ingersoll-Rand Co Ltd-Cl A COM g47791101 1226 21425 SH SOLE 21425 0 0 Integral Technologies Inc COM 45810j103 5 17000 SH SOLE 17000 0 0 Intel Corp COM 458140100 9400 364129 SH SOLE 364129 0 0 InterContinental Hotels-ADR COM 45857p400 1910 58959 SH SOLE 58959 0 0 Intl Business Machines Corp COM 459200101 9644 50101 SH SOLE 50101 0 0 Intl Flavors & Fragrances COM 459506101 605 6325 SH SOLE 6325 0 0 JPMorgan Chase & Co COM 46625H100 6152 101330 SH SOLE 101330 0 0 Jacobs Engineering Group Inc COM 469814107 538 8479 SH SOLE 8479 0 0 Johnson & Johnson COM 478160104 18841 191801 SH SOLE 191801 0 0 Johnson Controls Inc COM 478366107 1257 26560 SH SOLE 26560 0 0 Kimberly-Clark Corp COM 494368103 8079 73283 SH SOLE 73283 0 0 Kinder Morgan Energy Partners COM 494550106 3183 43037 SH SOLE 43037 0 0 Kinder Morgan Management LLC COM 49455u100 3484 48609 SH SOLE 48609 0 0 Kohl's Corp COM 500255104 568 10000 SH SOLE 10000 0 0 Kraft Foods Group COM 50076q106 1315 23433 SH SOLE 23433 0 0 L-3 Communications Holdings COM 502424104 359 3036 SH SOLE 3036 0 0 Laboratory Corp Of Amer Hldgs COM 50540r409 1393 14180 SH SOLE 14180 0 0 Li & Fung Ltd Ord New COM g5485f151 15 10000 SH SOLE 10000 0 0 Linn Co LLC COM 535782106 660 24400 SH SOLE 24400 0 0 Linn Energy LLC-Units COM 536020100 1667 58850 SH SOLE 58850 0 0 Lowe's Cos Inc COM 548661107 3183 65102 SH SOLE 65102 0 0 Lululemon Athletica Inc COM 550021109 312 5939 SH SOLE 5939 0 0 Macy's Inc COM 55616p104 1526 25734 SH SOLE 25734 0 0 Magellan Midstream Partners COM 559080106 337 4832 SH SOLE 4832 0 0 Manulife Financial Corp COM 56501r106 431 22305 SH SOLE 22305 0 0 Marathon Oil Corp COM 565849106 409 11523 SH SOLE 11523 0 0 Marathon Petroleum Corp COM 56585a102 314 3602 SH SOLE 3602 0 0 Market Vectors Agribusiness ET COM 57060u605 256 4710 SH SOLE 4710 0 0 McCormick & Co-Non Vtg Shrs COM 579780206 1471 20502 SH SOLE 20502 0 0 McDonald's Corp COM 580135101 11159 113833 SH SOLE 113833 0 0 McGraw Hill Financial Inc COM 580645109 420 5500 SH SOLE 5500 0 0 Medical Properties Trust Inc COM 68463J304 363 28384 SH SOLE 28384 0 0 Medtronic Inc COM 585055106 4009 65152 SH SOLE 65152 0 0 Merck & Co. Inc. COM 58933y105 5982 105379 SH SOLE 105379 0 0 Microsoft Corp COM 594918104 7435 181393 SH SOLE 181393 0 0 Mondelez International COM 609207105 1935 56003 SH SOLE 56003 0 0 Monsanto Co COM 61166w101 201 1763 SH SOLE 1763 0 0 Morgan Stanley COM 617446448 503 16125 SH SOLE 16125 0 0 Mylan Laboratories COM 628530107 1946 39843 SH SOLE 39843 0 0 Nabors Industries Inc COM g6359f103 1210 49100 SH SOLE 49100 0 0 National Oilwell Varco Inc COM 637071101 253 3244 SH SOLE 3244 0 0 Nestle Sa-Spons ADR For Reg COM 641069406 4041 53726 SH SOLE 53726 0 0 NextEra Energy Inc COM 65339f101 8337 87191 SH SOLE 87191 0 0 Nike Inc -Cl B COM 654106103 4624 62609 SH SOLE 62609 0 0 Nordstrom Inc COM 655664100 297 4759 SH SOLE 4759 0 0 Norfolk Southern Corp COM 655844108 453 4661 SH SOLE 4661 0 0 Northeast Utilities COM 664397106 325 7143 SH SOLE 7143 0 0 Novabay Pharmaceuticals Inc COM 66987p102 27 23333 SH SOLE 23333 0 0 Novartis Ag-ADR COM 66987v109 3430 40345 SH SOLE 40345 0 0 OGE Energy Corp COM 670837103 235 6400 SH SOLE 6400 0 0 Occidental Petroleum Corp COM 674599105 6033 63310 SH SOLE 63310 0 0 Oracle Corp COM 68389x105 3307 80843 SH SOLE 80843 0 0 P G & E Corp COM 69331c108 476 11008 SH SOLE 11008 0 0 Paccar Inc COM 693718108 1927 28569 SH SOLE 28569 0 0 PepsiCo Inc COM 713448108 6238 74701 SH SOLE 74701 0 0 Pfizer Inc COM 717081103 7729 240633 SH SOLE 240633 0 0 Pharmaceutical HOLDRs Trust COM 71712a206 549 9400 SH SOLE 9400 0 0 Philip Morris International COM 718172109 2099 25643 SH SOLE 25643 0 0 Phillips 66 COM 718546104 404 5249 SH SOLE 5249 0 0 Piedmont Mining Co Inc COM 720172105 0 10000 SH SOLE 10000 0 0 Plains All American Pipeline L COM 726503105 365 6622 SH SOLE 6622 0 0 Plum Creek Timber Co COM 729251108 237 5629 SH SOLE 5629 0 0 PowerShares Preferred Portfoli COM 73936t565 3503 245641 SH SOLE 245641 0 0 Powershares QQQ NASDAQ 100 Tru COM 73935a104 1328 15153 SH SOLE 15153 0 0 Praxair Inc COM 74005p104 2599 19848 SH SOLE 19848 0 0 ProLogis Inc COM 74340w103 304 7441 SH SOLE 7441 0 0 ProShares Short 20+ Treasury COM 74347x849 220 7245 SH SOLE 7245 0 0 Procter & Gamble Co COM 742718109 16093 199670 SH SOLE 199670 0 0 Prudential Financial Inc COM 744320102 2443 28857 SH SOLE 28857 0 0 Public Service Enterprise Grou COM 744573106 1612 42253 SH SOLE 42253 0 0 Qualcomm Inc COM 747525103 1190 15086 SH SOLE 15086 0 0 Quest Diagnostics COM 74834l100 306 5285 SH SOLE 5285 0 0 Realty Income Corp COM 756109104 4775 116859 SH SOLE 116859 0 0 Regeneron Pharmaceuticals Inc COM 75886f107 444 1478 SH SOLE 1478 0 0 Retail Properties of America COM 76131v202 553 40850 SH SOLE 40850 0 0 Robert Half Intl Inc COM 770323103 306 7300 SH SOLE 7300 0 0 Roche Holdings LTD-Spons ADR COM 010397936 1699 45040 SH SOLE 45040 0 0 Rockwell Automation Inc COM 773903109 298 2394 SH SOLE 2394 0 0 Rockwood Holdings Inc COM 774415103 1165 15655 SH SOLE 15655 0 0 Royal Dutch Shell Plc-ADR A COM 780259206 415 5674 SH SOLE 5674 0 0 SPDR Dow Jones Industrial Aver COM 78467x109 1165 7094 SH SOLE 7094 0 0 SPDR Energy Select Sector COM 81369y506 2793 31361 SH SOLE 31361 0 0 SPDR Financial Select Sector COM 81369y605 1513 67707 SH SOLE 67707 0 0 SPDR Gold Trust COM 78463v107 784 6346 SH SOLE 6346 0 0 SPDR Industrial Select Sector COM 81369y704 2654 50708 SH SOLE 50708 0 0 SPDR Materials Select Sector COM 81369y100 668 14133 SH SOLE 14133 0 0 SPDR S&P Biotech ETF COM 78464a870 504 3536 SH SOLE 3536 0 0 SPDR S&P Dividend ETF COM 78464a763 8284 112578 SH SOLE 112578 0 0 SPDR S&P MidCap 400 ETF Trust COM 78467y107 4487 17906 SH SOLE 17906 0 0 SPDR S&P500 Index Trust Series COM 78462f103 5626 30081 SH SOLE 30081 0 0 SPDR Technology Select Sector COM 81369y803 3774 103813 SH SOLE 103813 0 0 Sanofi-ADR COM 80105n105 4643 88813 SH SOLE 88813 0 0 Scana Corp COM 80589m102 742 14457 SH SOLE 14457 0 0 Schlumberger Ltd COM 806857108 1601 16416 SH SOLE 16416 0 0 Schwab (Charles) Corp COM 808513105 335 12270 SH SOLE 12270 0 0 Schwab U.S. Broad Market ETF COM 808524102 1242 27165 SH SOLE 27165 0 0 Schwab U.S. Mid-Cap ETF COM 808524508 585 15147 SH SOLE 15147 0 0 Schwab US Dividend Equity ETF COM 808524797 390 10595 SH SOLE 10595 0 0 Sempra Energy COM 816851109 2525 26099 SH SOLE 26099 0 0 Siemens Ag-Spons ADR COM 826197501 322 2385 SH SOLE 2385 0 0 Sierra Vista Bank COM 82651b105 67 20000 SH SOLE 20000 0 0 Silvercorp Metals Inc COM 82835p103 20 10000 SH SOLE 10000 0 0 Sirius XM Holdings Inc COM 82968b103 382 119284 SH SOLE 119284 0 0 Southern Co COM 842587107 2629 59824 SH SOLE 59824 0 0 Southwestern Energy Co COM 845467109 1216 26431 SH SOLE 26431 0 0 Spectra Energy Corp COM 847560109 4697 127152 SH SOLE 127152 0 0 Spectral Diagnostics Inc COM 847574100 7 25000 SH SOLE 25000 0 0 St Jude Medical Inc COM 790849103 951 14536 SH SOLE 14536 0 0 Stanley Black & Decker Inc COM 854502101 3234 39804 SH SOLE 39804 0 0 Starbucks Corp COM 855244109 1571 21413 SH SOLE 21413 0 0 State Street Corp COM 857477103 395 5684 SH SOLE 5684 0 0 Stryker Corp COM 863667101 337 4135 SH SOLE 4135 0 0 SunPower Corp COM 867652406 968 30000 SH SOLE 30000 0 0 Suncor Energy Inc COM 867224107 388 11100 SH SOLE 11100 0 0 Sunoco Logistics Partners LP COM 86764l108 204 2250 SH SOLE 2250 0 0 TD Ameritrade Holding Corp COM 87236y108 1488 43833 SH SOLE 43833 0 0 TJX Companies Inc COM 872540109 410 6758 SH SOLE 6758 0 0 Target Corp COM 87612e106 5084 84014 SH SOLE 84014 0 0 Tesla Motors Inc COM 88160r101 269 1289 SH SOLE 1289 0 0 Teva Pharmaceutical-Sp ADR COM 881624209 408 7726 SH SOLE 7726 0 0 Texas Instruments Inc COM 882508104 226 4800 SH SOLE 4800 0 0 Toronto-Dominion Bank COM 891160509 3659 77928 SH SOLE 77928 0 0 Total SA-Spon ADR COM 89151e109 246 3753 SH SOLE 3753 0 0 Toyota Motor Corp -Spon ADR COM 892331307 1580 13995 SH SOLE 13995 0 0 Travelers Cos Inc/The COM 89417e109 2896 34029 SH SOLE 34029 0 0 Twenty-First Century Fox-B (fo COM 90130a200 2181 70076 SH SOLE 70076 0 0 US Bancorp COM 902973304 478 11149 SH SOLE 11149 0 0 Unilever N V -NY Shares COM 904784709 2874 69902 SH SOLE 69902 0 0 Unilever Plc-Sponsored ADR COM 904767704 1891 44197 SH SOLE 44197 0 0 Union Pacific Corp COM 907818108 963 5129 SH SOLE 5129 0 0 United Parcel Service-Cl B COM 911312106 5802 59582 SH SOLE 59582 0 0 United Technologies Corp COM 913017109 2715 23241 SH SOLE 23241 0 0 UnitedHealth Group Inc COM 91324P102 2083 25402 SH SOLE 25402 0 0 Utilities Select Sector SPDR COM 81369y886 752 18130 SH SOLE 18130 0 0 Vanguard Consumer Discretionar COM 92204a108 347 3279 SH SOLE 3279 0 0 Vanguard Consumer Staples Vipe COM 92204a207 253 2280 SH SOLE 2280 0 0 Vanguard Dividend Appreciation COM 921908844 337 4474 SH SOLE 4474 0 0 Vanguard Energy ETF COM 92204a306 260 2025 SH SOLE 2025 0 0 Vanguard High Dividend Yield E COM 921946406 1583 25084 SH SOLE 25084 0 0 Vanguard Info Tech Vipers COM 92204a702 400 4365 SH SOLE 4365 0 0 Vanguard Large-Cap Vipers ETF COM 922908637 456 5301 SH SOLE 5301 0 0 Vanguard MSCI EAFE Index ETF COM 921943858 2356 57088 SH SOLE 57088 0 0 Vanguard MSCI Emerging Market COM 922042858 2044 50375 SH SOLE 50375 0 0 Vanguard Mid-Cap Vipers COM 922908629 4180 36800 SH SOLE 36800 0 0 Vanguard Small-Cap Vipers COM 922908751 5591 49500 SH SOLE 49500 0 0 Vanguard Total Stock Mk Vipers COM 922908769 12165 124805 SH SOLE 124805 0 0 Vanguard Value Vipers COM 922908744 264 3378 SH SOLE 3378 0 0 Varian Medical Systems Inc COM 92220P105 864 10284 SH SOLE 10284 0 0 Verizon Communications Inc COM 92343v104 21276 447254 SH SOLE 447254 0 0 Visa Inc-Class A Shares COM 92826c839 555 2573 SH SOLE 2573 0 0 Vodafone Group PLC-Sp ADR COM 92857w308 1501 40775 SH SOLE 40775 0 0 Vornado Realty Trust COM 929042109 4416 44809 SH SOLE 44809 0 0 Voyant International Corp COM 92909w108 0 53652 SH SOLE 53652 0 0 Wal-Mart Stores Inc COM 931142103 923 12072 SH SOLE 12072 0 0 Walgreen Co COM 931422109 6800 102982 SH SOLE 102982 0 0 Waste Management Inc COM 94106l109 5147 122347 SH SOLE 122347 0 0 WellPoint Inc COM 94973V107 1138 11433 SH SOLE 11433 0 0 Wells Fargo & Company COM 949746101 25436 511377 SH SOLE 511377 0 0 Westamerica Bancorportaion COM 957090103 776 14341 SH SOLE 14341 0 0 Weyerhaeuser Co COM 962166104 1077 36690 SH SOLE 36690 0 0 Whirlpool Corp COM 963320106 2347 15706 SH SOLE 15706 0 0 White Mountains Insurance Grou COM G9618E107 716 1193 SH SOLE 1193 0 0 Whole Foods Market Inc COM 966837106 5247 103479 SH SOLE 103479 0 0 Williams Cos Inc COM 969457100 6398 157663 SH SOLE 157663 0 0 Wisconsin Energy Corp COM 976657106 1015 21794 SH SOLE 21794 0 0 Xylem Inc COM 98419m100 427 11721 SH SOLE 11721 0 0 Yahoo! Inc COM 984332106 1038 28900 SH SOLE 28900 0 0 Yingli Green Energy Holding Co COM 98584b103 65 15000 SH SOLE 15000 0 0 Yum! Brands Inc COM 988498101 363 4821 SH SOLE 4821 0 0 Zimmer Holdings Inc COM 98956p102 959 10138 SH SOLE 10138 0 0 Zogenix Inc COM 98978l105 28 10000 SH SOLE 10000 0 0 iShares DJ Select Dividend Ind COM 464287168 5939 80996 SH SOLE 80996 0 0 iShares DJ US Energy Sector COM 464287796 245 4812 SH SOLE 4812 0 0 iShares DJ US Financial Sect COM 464287788 1017 12433 SH SOLE 12433 0 0 iShares DJ US Healthcare Sec COM 464287762 225 1829 SH SOLE 1829 0 0 iShares DJ US Telecommunicatio COM 464287713 370 12331 SH SOLE 12331 0 0 iShares FTSE/Xinhua China 25 COM 464287184 239 6685 SH SOLE 6685 0 0 iShares MSCI Canada Index COM 464286509 214 7250 SH SOLE 7250 0 0 iShares MSCI EAFE Index Fund COM 464287465 1618 24083 SH SOLE 24083 0 0 iShares MSCI Emerging Markets COM 464287234 633 15434 SH SOLE 15434 0 0 iShares MSCI Singapore Index COM 464286673 134 10228 SH SOLE 10228 0 0 iShares MSCI USA Quality Facto COM 46432f339 619 10995 SH SOLE 10995 0 0 iShares Nasdaq Biotech Index F COM 464287556 1122 4746 SH SOLE 4746 0 0 iShares Russell 1000 Growth COM 464287614 593 6857 SH SOLE 6857 0 0 iShares Russell 1000 Value COM 464287598 372 3851 SH SOLE 3851 0 0 iShares Russell 2000 Index Fun COM 464287655 331 2841 SH SOLE 2841 0 0 iShares Russell 3000 Value COM 464287663 216 1714 SH SOLE 1714 0 0 iShares Russell Midcap Index COM 464287499 358 2316 SH SOLE 2316 0 0 iShares S&P 100 Index Fund COM 464287101 828 9994 SH SOLE 9994 0 0 iShares S&P 500 Index Fund COM 464287200 487 2589 SH SOLE 2589 0 0 iShares S&P Europe 350 COM 464287861 807 16720 SH SOLE 16720 0 0 iShares S&P Global 100 COM 464287572 728 9351 SH SOLE 9351 0 0 iShares S&P Midcap 400 COM 464287507 1315 9564 SH SOLE 9564 0 0 iShares S&P Midcap 400/Value COM 464287705 459 3810 SH SOLE 3810 0 0 iShares S&P SmallCap 600 COM 464287804 587 5334 SH SOLE 5334 0 0 iShares S&P US Preferred Stock COM 464288687 7767 199013 SH SOLE 199013 0 0 AEGON 8.00% 2042 Notes Call 08 PFD 007924608 3214 111204 SH SOLE 111204 0 0 AEGON NV 7.25%BBB QDI Called 6 PFD n00927348 603 23325 SH SOLE 23325 0 0 AON Cap 8.205% 1/27 Non-Call B PFD 22532r101 1745 58529 SH SOLE 58529 0 0 Allied Capital ARCC6.875% 4/20 PFD 01903q207 387 15567 SH SOLE 15567 0 0 American Capital Agency 8.0% P PFD 02503x204 981 37324 SH SOLE 37324 0 0 Annaly Capital 7.625% Perp Cl PFD 035710706 232 9532 SH SOLE 9532 0 0 Arbor Realty 8.50% CUM Perp Ca PFD 038923801 215 8700 SH SOLE 8700 0 0 Arch Capital 6.75% BBB QDI Cl PFD g0450a204 498 19830 SH SOLE 19830 0 0 Ares Capital 7.75% 2040 Call 1 PFD 04010l202 2353 90462 SH SOLE 90462 0 0 Argo Group 6.5% Sr Notes Call PFD 040130205 282 12250 SH SOLE 12250 0 0 Ashford Hospitality 9.0% NR Ca PFD 044103505 1169 43285 SH SOLE 43285 0 0 Aspen Insurance 7.25% Call07/2 PFD g05384147 4985 190996 SH SOLE 190996 0 0 Aspen Insurance 7.401% Call 07 PFD g05384139 590 22738 SH SOLE 22738 0 0 Aviva 8.25% 12/2041 Call 12/20 PFD 05382a203 9788 353876 SH SOLE 353876 0 0 Axis Capital 6.875% Cl 4/17 QD PFD g0692u307 329 13050 SH SOLE 13050 0 0 BAC Flt LIB+35 BB+ NCU QDI Cl PFD 060505815 255 11845 SH SOLE 11845 0 0 BGC Partners 8.125% 2042 Call PFD 05541t408 1591 59384 SH SOLE 59384 0 0 Banco Santander 6.80% QDI Clbl PFD 80281r706 294 11590 SH SOLE 11590 0 0 Banco Santander10.5% Perp Cl9/ PFD e8683r144 1058 40553 SH SOLE 40553 0 0 Bank of America 6.625%Prp Cl 1 PFD 060505740 365 14302 SH SOLE 14302 0 0 Barclay's 6.625% Perpetual 9/1 PFD 06739f390 234 9254 SH SOLE 9254 0 0 Barclays 7.75% Prp Cl 9/13 BBB PFD 06739h511 1606 61908 SH SOLE 61908 0 0 Barclays 8.125% Perp/Cl 3/14 B PFD 06739h362 3927 150984 SH SOLE 150984 0 0 Barclays Bank 7.1% Prp Call 12 PFD 06739h776 1174 45741 SH SOLE 45741 0 0 Campus Crest Comm 8.00% Perp C PFD 13466y204 1437 57122 SH SOLE 57122 0 0 CenturyLink Quest 6.125%Nts Cl PFD 74913g600 253 11500 SH SOLE 11500 0 0 CenturyLink Quest 7.0%SnNts Cl PFD 74913g501 2475 98168 SH SOLE 98168 0 0 CenturyLink Quest7.375% 6/51 C PFD 74913g204 1290 49322 SH SOLE 49322 0 0 CenturyLink SnNote7.5% 2051 Cl PFD 74913g303 5203 197985 SH SOLE 197985 0 0 CenturyLink SnNotes 7.0% 2050 PFD 74913G402 1454 57540 SH SOLE 57540 0 0 Chesapeake Lodging 7.75% PerpC PFD 165240201 1987 76575 SH SOLE 76575 0 0 Citigroup 5.8% B1 Call 4/18 QD PFD 172967366 272 11900 SH SOLE 11900 0 0 Citigroup 7.125% FxdtoFlt Cl 9 PFD 172967358 3362 127345 SH SOLE 127345 0 0 Citigroup Tst 7.875% Cl2015 Li PFD 173080201 242 8710 SH SOLE 8710 0 0 Commonwealth REIT 7.25% Prp/Cl PFD 203233606 582 23134 SH SOLE 23134 0 0 Corporate Office Prop 7.375% C PFD 22002t884 2007 78903 SH SOLE 78903 0 0 Costamare 8.50% CUM QDI Perp C PFD y1771g128 1475 58717 SH SOLE 58717 0 0 CubeSmart 7.75%CUM Call 11/2/2 PFD 229663208 461 17926 SH SOLE 17926 0 0 DTE Energy 6.5% Jr Sub Call 12 PFD 233331602 1371 53760 SH SOLE 53760 0 0 Deutsche Bank 8.05% PrpCl6/18 PFD 25150l108 3012 109644 SH SOLE 109644 0 0 Deutsche Bk Tst6.55%Perp Cl 5/ PFD 25153x208 614 23446 SH SOLE 23446 0 0 Deutsche Bnk 6.625% Prp Cl 8/1 PFD 25153y206 287 11183 SH SOLE 11183 0 0 Deutsche Bnk 7.6% Prp Cl 2/18 PFD 25154a108 1622 59794 SH SOLE 59794 0 0 Digital Realty 6.625% Perp CUM PFD 253868806 687 30027 SH SOLE 30027 0 0 Digital Realty 7.0% Perp Call PFD 253868707 3725 152867 SH SOLE 152867 0 0 Discover Financial 6.50%Perp Q PFD 254709207 1458 59424 SH SOLE 59424 0 0 Dominion Res 8.375% Cl 6/14 BB PFD 25746u604 756 29655 SH SOLE 29655 0 0 Endurance Specialty 7.5% Cl 6/ PFD g30397304 2094 79922 SH SOLE 79922 0 0 Endurance Specialty 7.75% Cl12 PFD 29267h208 3791 144757 SH SOLE 144757 0 0 Excel Trust 8.125% CUM Call 1/ PFD 30068c307 1330 51420 SH SOLE 51420 0 0 First Republic 7.0% Cl 12/18 B PFD 33616c860 1135 43325 SH SOLE 43325 0 0 First Republic Bank 6.2% Cl 6/ PFD 33616c407 1233 50010 SH SOLE 50010 0 0 First Republic Bank 6.70% Cl20 PFD 33616c209 1567 61696 SH SOLE 61696 0 0 General Growth Prop 6.375% Cl PFD 370023202 377 16200 SH SOLE 16200 0 0 GoldmanSachs Lib+75 Min3.75% C PFD 38143y665 751 39245 SH SOLE 39245 0 0 HSBC 6.36% Perp Callable NCU Q PFD 40429c607 803 31982 SH SOLE 31982 0 0 HSBC Float 4.5%FL Clbl CUM QDI PFD 40428h706 441 17680 SH SOLE 17680 0 0 HSBC Hldgs 8.0% Prp Cl 12/15 B PFD 404280802 5546 205647 SH SOLE 205647 0 0 Hanover Insurance 6.35% Cl 3/1 PFD 410867204 293 12700 SH SOLE 12700 0 0 Hartford Finl 7.875% 2042 call PFD 416518504 1513 51090 SH SOLE 51090 0 0 Hudson Pacific 8.375% Perp N/R PFD 444097208 850 32417 SH SOLE 32417 0 0 ING Groep NV 7 3/8% Cl 10/12 B PFD 456837707 1857 72732 SH SOLE 72732 0 0 ING Grp NV 7.20%Pfd Perp/Cl l2 PFD 456837301 322 12449 SH SOLE 12449 0 0 Investors REIT 7.95% Perp CUM PFD 461730301 905 35010 SH SOLE 35010 0 0 KKR Financial 7.50% SrNotes Ca PFD 48248a504 4254 157687 SH SOLE 157687 0 0 KKR Financial 8.375%SrNts Call PFD 48248a405 1680 60670 SH SOLE 60670 0 0 KKR Financial7.375% Perp Call PFD 48248a603 4076 158294 SH SOLE 158294 0 0 Kimco Realty 6.90% Perp Call8/ PFD 49446r828 248 9626 SH SOLE 9626 0 0 LaSalle Hotel 7.50% Perp CUM C PFD 517942702 1939 74995 SH SOLE 74995 0 0 M&T Bank 6.375% Cl 11/18 BBB Q PFD 55261f708 574 604 SH SOLE 604 0 0 MFA Financial 7.5% Prp Cl 4/15 PFD 55272x409 204 8607 SH SOLE 8607 0 0 Maiden Hldgs 8.00% Nts 2042 ca PFD 56029q309 2242 86053 SH SOLE 86053 0 0 Maiden Hldgs 8.25% Nts 2041 ca PFD 56029q200 813 31334 SH SOLE 31334 0 0 Maiden Holdings 8.25%Prp Cl8/2 PFD g5753u120 1317 51382 SH SOLE 51382 0 0 Merrill Lynch 7.28% Perp Cl 9/ PFD 59021k205 293 11503 SH SOLE 11503 0 0 MetLife 3MoLibor+100 Min 4.0% PFD 59156r504 231 9965 SH SOLE 9965 0 0 Montpelier RE 8.875% Perp QDI PFD g62185114 893 33158 SH SOLE 33158 0 0 Morgan Stanley 3MoLib+70bp 4%F PFD 61747s504 506 25430 SH SOLE 25430 0 0 Morgan Stanley 7.125% Fxd-Flt PFD 61762v200 444 16735 SH SOLE 16735 0 0 News Corp 7.00% 12/1/2095 call PFD 863117206 365 14297 SH SOLE 14297 0 0 NuStar Logistics 7.625%Nts Cl PFD 67059t204 807 30105 SH SOLE 30105 0 0 PS Business Parks 6.0% Cl 5/20 PFD 69360j685 298 13230 SH SOLE 13230 0 0 Partner Re 7.25% Call 06/16 BB PFD g68603508 5867 221302 SH SOLE 221302 0 0 Pebblebrook Hotel 8.00%Perp Cu PFD 70509v308 2344 90728 SH SOLE 90728 0 0 Pebblebrook Hotel7.875%Perp Cu PFD 70509v209 829 32123 SH SOLE 32123 0 0 Penn RealEstate 7.375%CUM Perp PFD 709102503 458 18295 SH SOLE 18295 0 0 Pitney Bowes 6.7% Cl 3/7/18 PFD 724479506 378 14900 SH SOLE 14900 0 0 Principal Fin 145Bp+30y QDI ($ PFD 74251v201 724 7050 SH SOLE 7050 0 0 PrivateBancorp PVTB 7.125% Cal PFD 742962400 327 12595 SH SOLE 12595 0 0 Prospect Captl 6.95% Sr Nts 20 PFD 74348t201 1770 67113 SH SOLE 67113 0 0 Prudential PLC 6.75% PrpCl 9/0 PFD g7293h114 811 31761 SH SOLE 31761 0 0 Public Storage 5.90% Perp CUM PFD 74460w206 702 29675 SH SOLE 29675 0 0 Public Storage 6.35% Call 7/16 PFD 74460d125 890 35305 SH SOLE 35305 0 0 Public Storage 6.5% Perp Call PFD 74460d158 410 15950 SH SOLE 15950 0 0 Public Storage 6.50% Call 4/20 PFD 74460d141 1826 71154 SH SOLE 71154 0 0 Public Storage 6.875% Prp Cl7/ PFD 74460d182 1249 47286 SH SOLE 47286 0 0 Raymond James Financial 6.90% PFD 754730208 395 15120 SH SOLE 15120 0 0 Realty Income 6.625% Call 2/17 PFD 756109807 300 11900 SH SOLE 11900 0 0 Regency Centers 6.00% Perp CUM PFD 758849806 417 19100 SH SOLE 19100 0 0 Regions Financial 6.375% Cl 12 PFD 7591ep308 439 18200 SH SOLE 18200 0 0 Reinsurance Group of Amer 6.2% PFD 759351703 432 16300 SH SOLE 16300 0 0 Retail Properties of Amer 7.0% PFD 76131v608 477 19308 SH SOLE 19308 0 0 SL Green Realty 6.5% Perp CUM PFD 78440x507 2803 119518 SH SOLE 119518 0 0 Scana Corp 7.70% 2065 Cl1/2015 PFD 80589m201 3577 135236 SH SOLE 135236 0 0 Seaspan 8.25% Perp CUM QDI Cal PFD y75638133 783 30640 SH SOLE 30640 0 0 Seaspan 9.50% 1/2049 Call 1/20 PFD B643v81 214 7785 SH SOLE 7785 0 0 So Cal Ed Flt $100 Callable NC PFD 842400756 909 8950 SH SOLE 8950 0 0 Solar Capital 6.75% Cl 11/17 PFD 83413u308 302 13000 SH SOLE 13000 0 0 Southern Cal Ed 6.5% $100 Cl3/ PFD 842400723 686 6690 SH SOLE 6690 0 0 Strategic Hotels&Resorts 8.25% PFD 024296164 398 15638 SH SOLE 15638 0 0 Strategic Hotels&Resorts 8.25% PFD 86272t502 403 15998 SH SOLE 15998 0 0 Strategic Hotels&Rsrts 8.50% C PFD 86272t304 252 9871 SH SOLE 9871 0 0 Summit Hotel 7.875% Perp CUM C PFD 866082308 1252 49428 SH SOLE 49428 0 0 Sunstone Hotel 8.00% Perp CUM PFD 867592507 309 12032 SH SOLE 12032 0 0 Taubman Centers 6.5% CUM NA Cl PFD 876664608 240 10151 SH SOLE 10151 0 0 Telephone & Data 6.875% Cl 11/ PFD 879433845 3699 145704 SH SOLE 145704 0 0 Telephone & Data 7.0% Cl 3/16 PFD 879433837 939 36650 SH SOLE 36650 0 0 US Bancorp 6.5% FxdToFlt Cl 2/ PFD 902973833 1569 55230 SH SOLE 55230 0 0 US Cellular 6.95% 2060 Cl 05/2 PFD 911684405 328 12935 SH SOLE 12935 0 0 Vanguard Natrl Resources 7.625 PFD 92205f304 444 18125 SH SOLE 18125 0 0 Vornado Realty 5.7% Prp Cl 7/1 PFD 929042851 255 11746 SH SOLE 11746 0 0 Vornado Realty 6.875% Prp/Cl 4 PFD 929042869 3265 126659 SH SOLE 126659 0 0 Vornado Realty7.875% 2039 Cl 1 PFD 929043602 231 8950 SH SOLE 8950 0 0 Wells Fargo 7.50% Conv/Perp$10 PFD 949746804 941 802 SH SOLE 802 0 0 Wells Fargo 8.00% Prp Cl12/17 PFD 949746879 13706 470340 SH SOLE 470340 0 0 Charles Schwab 7% Perp/Call 2/ PFD 808513AE5 2311 2032000 PRN SOLE 2032000 0 0 Citigroup Inc 5.95% Perp Call PFD 172967GD7 288 295000 PRN SOLE 295000 0 0 GE Cap Corp 6.25% Perp/Call 12 PFD 369622SP1 375 350000 PRN SOLE 350000 0 0 GE Cap Corp 7.125% Perp/Call 6 PFD 369622SN6 2008 1765000 PRN SOLE 1765000 0 0 JPMorgan 7.9% Perp/Call 4/18 - PFD 46625HHA1 2571 2280000 PRN SOLE 2280000 0 0 So. Cal Edison 6.25% Perp/Call PFD 842400FU2 1059 1000000 PRN SOLE 1000000 0 0 Wachovia (WFC) Perp/Call 2/11 PFD 92978AAA0 5154 5320000 PRN SOLE 5320000 0 0 Wells Fargo & Company Perp/Cal PFD 949746PM7 614 540000 PRN SOLE 540000 0 0