0001085146-12-000596.txt : 20120425
0001085146-12-000596.hdr.sgml : 20120425
20120425070456
ACCESSION NUMBER: 0001085146-12-000596
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120425
DATE AS OF CHANGE: 20120425
EFFECTIVENESS DATE: 20120425
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Brown Advisory Securities, LLC
CENTRAL INDEX KEY: 0001389479
IRS NUMBER: 753014089
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-12353
FILM NUMBER: 12777804
BUSINESS ADDRESS:
STREET 1: 901 SOUTH BOND STREET, SUITE 400
CITY: BALTIMORE
STATE: MD
ZIP: 21231-3340
BUSINESS PHONE: (410) 537-5502
MAIL ADDRESS:
STREET 1: 901 SOUTH BOND STREET, SUITE 400
CITY: BALTIMORE
STATE: MD
ZIP: 21231-3340
13F-HR
1
bas1q2012.txt
BROWN ADVISORY SECURITIES LLC
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, 2012
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: Brown Advisory Securities LLC
Address: 901 South Bond Street, Suite 400
Baltimore, MD 21231-3340
13F File Number: 028-12353
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: Brett D. Rogers
Title: Chief Compliance Officer
Phone: 410-537-5486
Signature, Place, and Date of Signing:
/s/ Brett D. Rogers Baltimore, MD April 23, 2012
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 266
Form 13F Information Table Value Total: $209,979 (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
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 708 7913 SH DEFINED 0 0 7913
ABB LTD SPONSORED ADR 000375204 1000 49168 SH DEFINED 0 0 49168
ABBOTT LABS COM 002824100 1694 27685 SH DEFINED 0 0 27685
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 3377 52272 SH DEFINED 0 0 52272
ACE LTD SHS H0023R105 259 3493 SH DEFINED 0 0 3493
AFFILIATED MANAGERS GROUP COM 008252108 450 4006 SH DEFINED 0 0 4006
AKAMAI TECHNOLOGIES INC COM 00971T101 254 6899 SH DEFINED 0 0 6899
ALLEGHENY TECHNOLOGIES INC NOTE 4.250% 6/0 01741RAD4 42 32000 PRN DEFINED 0 0 32000
ALLERGAN INC COM 018490102 1095 11469 SH DEFINED 0 0 11469
ALPS ETF TR ALERIAN MLP 00162Q866 595 35609 SH DEFINED 0 0 35609
ALTRIA GROUP INC COM 02209S103 440 14211 SH DEFINED 0 0 14211
AMAZON COM INC COM 023135106 962 4762 SH DEFINED 0 0 4762
AMERICAN EXPRESS CO COM 025816109 1152 19848 SH DEFINED 0 0 19848
AMERICAN TOWER CORP NEW COM 03027X100 1586 25116 SH DEFINED 0 0 25116
AMGEN INC COM 031162100 420 6172 SH DEFINED 0 0 6172
AMGEN INC NOTE 0.375% 2/0 031162AQ3 35 35000 PRN DEFINED 0 0 35000
AMPHENOL CORP NEW CL A 032095101 364 6078 SH DEFINED 0 0 6078
ANADARKO PETE CORP COM 032511107 1073 13647 SH DEFINED 0 0 13647
ANIXTER INTL INC NOTE 1.000% 2/1 035290AJ4 23 19000 PRN DEFINED 0 0 19000
ANN INC COM 035623107 300 10500 SH DEFINED 0 0 10500
ANNALY CAP MGMT INC COM 035710409 445 28091 SH DEFINED 0 0 28091
ANSYS INC COM 03662Q105 888 13651 SH DEFINED 0 0 13651
APACHE CORP COM 037411105 942 9385 SH DEFINED 0 0 9385
APPLE INC COM 037833100 10784 17972 SH DEFINED 0 0 17972
AT&T INC COM 00206R102 1487 47588 SH DEFINED 0 0 47588
AVALONBAY CMNTYS INC COM 053484101 399 2824 SH DEFINED 0 0 2824
AVIS BUDGET GROUP NOTE 3.500%10/0 053774AB1 20 18000 PRN DEFINED 0 0 18000
BANK OF AMERICA CORPORATION COM 060505104 208 21853 SH DEFINED 0 0 21853
BANK OF NEW YORK MELLON CORP COM 064058100 269 11117 SH DEFINED 0 0 11117
BARRICK GOLD CORP COM 067901108 352 8133 SH DEFINED 0 0 8133
BECTON DICKINSON & CO COM 075887109 203 2624 SH DEFINED 0 0 2624
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3239 40004 SH DEFINED 0 0 40004
BHP BILLITON LTD SPONSORED ADR 088606108 507 6999 SH DEFINED 0 0 6999
BIOMARIN PHARMACEUTICAL INC NOTE 1.875% 4/2 09061GAD3 60 33000 PRN DEFINED 0 0 33000
BP PLC SPONSORED ADR 055622104 259 5727 SH DEFINED 0 0 5727
BRISTOL MYERS SQUIBB CO COM 110122108 217 6412 SH DEFINED 0 0 6412
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 225 7190 SH DEFINED 0 0 7190
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 202 6405 SH DEFINED 0 0 6405
CAMERON INTERNATIONAL CORP COM 13342B105 219 4131 SH DEFINED 0 0 4131
CANADIAN NAT RES LTD COM 136385101 542 16301 SH DEFINED 0 0 16301
CARBO CERAMICS INC COM 140781105 615 5813 SH DEFINED 0 0 5813
CASELLA WASTE SYS INC CL A 147448104 125 20105 SH DEFINED 0 0 20105
CATERPILLAR INC DEL COM 149123101 780 7332 SH DEFINED 0 0 7332
CHESAPEAKE ENERGY CORP COM 165167107 220 9440 SH DEFINED 0 0 9440
CHESAPEAKE ENERGY CORP PFD CONV 165167842 427 4650 SH DEFINED 0 0 4650
CHESAPEAKE ENERGY CORP NOTE 2.750%11/1 165167BW6 34 34000 PRN DEFINED 0 0 34000
CHEVRON CORP NEW COM 166764100 1595 14866 SH DEFINED 0 0 14866
CHUBB CORP COM 171232101 1008 14549 SH DEFINED 0 0 14549
CINCINNATI BELL INC NEW PFD CV DEP1/20 171871403 1128 27091 SH DEFINED 0 0 27091
CISCO SYS INC COM 17275R102 463 21880 SH DEFINED 0 0 21880
CITIGROUP INC COM NEW 172967424 225 6311 SH DEFINED 0 0 6311
CITRIX SYS INC COM 177376100 767 9724 SH DEFINED 0 0 9724
CLEAN HARBORS INC COM 184496107 1023 15215 SH DEFINED 0 0 15215
CLOROX CO DEL COM 189054109 350 5094 SH DEFINED 0 0 5094
CME GROUP INC COM 12572Q105 437 1508 SH DEFINED 0 0 1508
COCA COLA CO COM 191216100 1268 17110 SH DEFINED 0 0 17110
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 360 4681 SH DEFINED 0 0 4681
COINSTAR INC NOTE 4.000% 9/0 19259PAF9 35 20000 PRN DEFINED 0 0 20000
COLGATE PALMOLIVE CO COM 194162103 625 6375 SH DEFINED 0 0 6375
CONOCOPHILLIPS COM 20825C104 336 4400 SH DEFINED 0 0 4400
COSTCO WHSL CORP NEW COM 22160K105 631 6936 SH DEFINED 0 0 6936
COVANCE INC COM 222816100 1391 29179 SH DEFINED 0 0 29179
COVANTA HLDG CORP NOTE 3.250% 6/0 22282EAC6 20 18000 PRN DEFINED 0 0 18000
CROWN CASTLE INTL CORP COM 228227104 346 6500 SH DEFINED 0 0 6500
CVS CAREMARK CORPORATION COM 126650100 734 16375 SH DEFINED 0 0 16375
DANAHER CORP DEL COM 235851102 2498 44604 SH DEFINED 0 0 44604
DANAHER CORP DEL NOTE 1/2 235851AF9 53 34000 PRN DEFINED 0 0 34000
DAVITA INC COM 23918K108 1402 15548 SH DEFINED 0 0 15548
DEERE & CO COM 244199105 1247 15430 SH DEFINED 0 0 15430
DEVON ENERGY CORP NEW COM 25179M103 389 5468 SH DEFINED 0 0 5468
DIAGEO P L C SPON ADR NEW 25243Q205 1181 12236 SH DEFINED 0 0 12236
DISNEY WALT CO COM DISNEY 254687106 593 13539 SH DEFINED 0 0 13539
DOMINION RES INC VA NEW COM 25746U109 727 14215 SH DEFINED 0 0 14215
DU PONT E I DE NEMOURS & CO COM 263534109 812 15403 SH DEFINED 0 0 15403
DUKE ENERGY CORP NEW COM 26441C105 765 36303 SH DEFINED 0 0 36303
E M C CORP MASS COM 268648102 591 19763 SH DEFINED 0 0 19763
E M C CORP MASS NOTE 1.750%12/0 268648AM4 101 53000 PRN DEFINED 0 0 53000
EATON CORP COM 278058102 318 6420 SH DEFINED 0 0 6420
EDWARDS LIFESCIENCES CORP COM 28176E108 460 6325 SH DEFINED 0 0 6325
EMERSON ELEC CO COM 291011104 1712 32920 SH DEFINED 0 0 32920
ENTERPRISE PRODS PARTNERS L COM 293792107 1395 27725 SH DEFINED 0 0 27725
EQUINIX INC NOTE 4.750% 6/1 29444UAH9 32 16000 PRN DEFINED 0 0 16000
EXELON CORP COM 30161N101 212 5395 SH DEFINED 0 0 5395
EXPEDITORS INTL WASH INC COM 302130109 455 9783 SH DEFINED 0 0 9783
EXPRESS SCRIPTS INC COM 302182100 1433 26415 SH DEFINED 0 0 26415
EXXON MOBIL CORP COM 30231G102 8460 97525 SH DEFINED 0 0 97525
FIFTH STREET FINANCE CORP COM 31678A103 426 43264 SH DEFINED 0 0 43264
FLUOR CORP NEW COM 343412102 594 9898 SH DEFINED 0 0 9898
FREEPORT-MCMORAN COPPER & GO COM 35671D857 234 6175 SH DEFINED 0 0 6175
GALLAGHER ARTHUR J & CO COM 363576109 617 17250 SH DEFINED 0 0 17250
GAMESTOP CORP NEW CL A 36467W109 264 12100 SH DEFINED 0 0 12100
GENERAL DYNAMICS CORP COM 369550108 260 3555 SH DEFINED 0 0 3555
GENERAL ELECTRIC CO COM 369604103 2428 121098 SH DEFINED 0 0 121098
GENERAL MLS INC COM 370334104 448 11423 SH DEFINED 0 0 11423
GENPACT LIMITED SHS G3922B107 599 36850 SH DEFINED 0 0 36850
GEN-PROBE INC NEW COM 36866T103 276 4150 SH DEFINED 0 0 4150
GILEAD SCIENCES INC NOTE 1.000% 5/0 375558AN3 63 51000 PRN DEFINED 0 0 51000
GOLDMAN SACHS GROUP INC COM 38141G104 220 1782 SH DEFINED 0 0 1782
GOLUB CAP BDC INC COM 38173M102 638 41881 SH DEFINED 0 0 41881
GOOGLE INC CL A 38259P508 3289 5140 SH DEFINED 0 0 5140
HANOVER COMPRESSOR CO NOTE 4.750% 1/1 410768AE5 98 100000 PRN DEFINED 0 0 100000
HEINZ H J CO COM 423074103 3930 73405 SH DEFINED 0 0 73405
HELMERICH & PAYNE INC COM 423452101 525 9726 SH DEFINED 0 0 9726
HEWLETT PACKARD CO COM 428236103 237 9891 SH DEFINED 0 0 9891
HOME DEPOT INC COM 437076102 363 7227 SH DEFINED 0 0 7227
HONEYWELL INTL INC COM 438516106 360 5885 SH DEFINED 0 0 5885
HORIZON TECHNOLOGY FIN CORP COM 44045A102 353 21169 SH DEFINED 0 0 21169
HORNBECK OFFSHORE SVCS INC N FRNT 1.625%11/1 440543AE6 18 18000 PRN DEFINED 0 0 18000
INFORMATICA CORP COM 45666Q102 216 4068 SH DEFINED 0 0 4068
INGERSOLL-RAND GLOBAL HLDG C NOTE 4.500% 4/1 45687AAD4 41 18000 PRN DEFINED 0 0 18000
INTEL CORP COM 458140100 2315 82505 SH DEFINED 0 0 82505
INTERNATIONAL BUSINESS MACHS COM 459200101 4258 20415 SH DEFINED 0 0 20415
INTERNATIONAL GAME TECHNOLOG NOTE 3.250% 5/0 459902AQ5 37 34000 PRN DEFINED 0 0 34000
ISHARES GOLD TRUST ISHARES 464285105 1011 62223 SH DEFINED 0 0 62223
ISHARES INC MSCI BRAZIL 464286400 223 3460 SH DEFINED 0 0 3460
ISHARES TR DJ SEL DIV INX 464287168 583 10416 SH DEFINED 0 0 10416
ISHARES TR BARCLYS TIPS BD 464287176 420 3558 SH DEFINED 0 0 3558
ISHARES TR BARCLY USAGG B 464287226 563 5125 SH DEFINED 0 0 5125
ISHARES TR MSCI EMERG MKT 464287234 1098 25568 SH DEFINED 0 0 25568
ISHARES TR IBOXX INV CPBD 464287242 1523 13171 SH DEFINED 0 0 13171
ISHARES TR BARCLYS 20+ YR 464287432 360 3195 SH DEFINED 0 0 3195
ISHARES TR BARCLYS 1-3 YR 464287457 541 6425 SH DEFINED 0 0 6425
ISHARES TR MSCI EAFE INDEX 464287465 500 9095 SH DEFINED 0 0 9095
ISHARES TR RUSSELL MIDCAP 464287499 209 1891 SH DEFINED 0 0 1891
ISHARES TR RUSSELL1000VAL 464287598 804 11462 SH DEFINED 0 0 11462
ISHARES TR RUSSELL1000GRW 464287614 1080 16351 SH DEFINED 0 0 16351
ISHARES TR S&P SMLCAP 600 464287804 250 3293 SH DEFINED 0 0 3293
ISHARES TR HIGH YLD CORP 464288513 1997 22026 SH DEFINED 0 0 22026
ISHARES TR BARCLYS 1-3YR CR 464288646 297 2833 SH DEFINED 0 0 2833
JOHNSON & JOHNSON COM 478160104 3655 55403 SH DEFINED 0 0 55403
JOHNSON CTLS INC COM 478366107 748 23136 SH DEFINED 0 0 23136
JPMORGAN CHASE & CO COM 46625H100 1229 26703 SH DEFINED 0 0 26703
KAYNE ANDERSON MLP INVSMNT C COM 486606106 2157 69223 SH DEFINED 0 0 69223
KIMBERLY CLARK CORP COM 494368103 273 3670 SH DEFINED 0 0 3670
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 895 10815 SH DEFINED 0 0 10815
KINDER MORGAN INC DEL COM 49456B101 1557 40204 SH DEFINED 0 0 40204
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 799 10712 SH DEFINED 0 0 10712
KRAFT FOODS INC CL A 50075N104 1638 43069 SH DEFINED 0 0 43069
L-3 COMMUNICATIONS CORP DEBT 3.000% 8/0 502413AW7 32 32000 PRN DEFINED 0 0 32000
LABORATORY CORP AMER HLDGS COM NEW 50540R409 281 3060 SH DEFINED 0 0 3060
LINN ENERGY LLC UNIT LTD LIAB 536020100 274 7200 SH DEFINED 0 0 7200
LIQUIDITY SERVICES INC COM 53635B107 310 6932 SH DEFINED 0 0 6932
LKQ CORP COM 501889208 268 8616 SH DEFINED 0 0 8616
LOEWS CORP COM 540424108 203 5072 SH DEFINED 0 0 5072
LUCENT TECHNOLOGIES INC DBCV 2.750% 6/1 549463AH0 20 20000 PRN DEFINED 0 0 20000
M & T BK CORP COM 55261F104 1035 11911 SH DEFINED 0 0 11911
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 239 3303 SH DEFINED 0 0 3303
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 1626 32789 SH DEFINED 0 0 32789
MASIMO CORP COM 574795100 274 11750 SH DEFINED 0 0 11750
MASSEY ENERGY CO NOTE 3.250% 8/0 576203AJ2 17 18000 PRN DEFINED 0 0 18000
MASTERCARD INC CL A 57636Q104 4039 9600 SH DEFINED 0 0 9600
MCCORMICK & CO INC COM NON VTG 579780206 372 6868 SH DEFINED 0 0 6868
MCDONALDS CORP COM 580135101 1753 17898 SH DEFINED 0 0 17898
MCGRAW HILL COS INC COM 580645109 230 4735 SH DEFINED 0 0 4735
MEDCO HEALTH SOLUTIONS INC COM 58405U102 211 2997 SH DEFINED 0 0 2997
MEDTRONIC INC NOTE 1.625% 4/1 585055AM8 20 20000 PRN DEFINED 0 0 20000
MELCO CROWN ENTMT LTD ADR 585464100 254 18600 SH DEFINED 0 0 18600
MERCK & CO INC NEW COM 58933Y105 1630 42344 SH DEFINED 0 0 42344
METLIFE INC COM 59156R108 886 23768 SH DEFINED 0 0 23768
MGM RESORTS INTERNATIONAL NOTE 4.250% 4/1 55303QAE0 18 18000 PRN DEFINED 0 0 18000
MICROCHIP TECHNOLOGY INC SDCV 2.125%12/1 595017AB0 45 32000 PRN DEFINED 0 0 32000
MICRON TECHNOLOGY INC NOTE 4.250%10/1 595112AJ2 25 14000 PRN DEFINED 0 0 14000
MICROSOFT CORP COM 594918104 2859 88817 SH DEFINED 0 0 88817
MOLSON COORS BREWING CO NOTE 2.500% 7/3 60871RAA8 32 32000 PRN DEFINED 0 0 32000
MOLYCORP INC DEL COM 608753109 819 24050 SH DEFINED 0 0 24050
NATIONAL INSTRS CORP COM 636518102 284 10000 SH DEFINED 0 0 10000
NATIONAL OILWELL VARCO INC COM 637071101 454 5714 SH DEFINED 0 0 5714
NEWMONT MINING CORP COM 651639106 268 5245 SH DEFINED 0 0 5245
NEWMONT MINING CORP NOTE 1.250% 7/1 651639AH9 20 16000 PRN DEFINED 0 0 16000
NEWPARK RES INC NOTE 4.000%10/0 651718AC2 19 18000 PRN DEFINED 0 0 18000
NEXTERA ENERGY INC COM 65339F101 258 4279 SH DEFINED 0 0 4279
NORFOLK SOUTHERN CORP COM 655844108 238 3631 SH DEFINED 0 0 3631
NOVARTIS A G SPONSORED ADR 66987V109 349 6321 SH DEFINED 0 0 6321
NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 67059L102 400 11504 SH DEFINED 0 0 11504
NUVEEN MUN VALUE FD INC COM 670928100 101 10000 SH DEFINED 0 0 10000
NUVEEN TX ADV TOTAL RET STRG COM 67090H102 115 10343 SH DEFINED 0 0 10343
OCCIDENTAL PETE CORP DEL COM 674599105 938 9838 SH DEFINED 0 0 9838
OMNICARE INC NOTE 3.750%12/1 681904AN8 44 30000 PRN DEFINED 0 0 30000
OMNICOM GROUP INC NOTE 7/0 682134AA9 38 36000 PRN DEFINED 0 0 36000
ON SEMICONDUCTOR CORP NOTE 2.625%12/1 682189AG0 34 32000 PRN DEFINED 0 0 32000
ORACLE CORP COM 68389X105 1603 55011 SH DEFINED 0 0 55011
PALL CORP COM 696429307 395 6626 SH DEFINED 0 0 6626
PARKER HANNIFIN CORP COM 701094104 241 2851 SH DEFINED 0 0 2851
PEABODY ENERGY CORP SDCV 4.750%12/1 704549AG9 44 46000 PRN DEFINED 0 0 46000
PEGASYSTEMS INC COM 705573103 455 11950 SH DEFINED 0 0 11950
PEPSICO INC COM 713448108 3519 52942 SH DEFINED 0 0 52942
PFIZER INC COM 717081103 882 38962 SH DEFINED 0 0 38962
PHILIP MORRIS INTL INC COM 718172109 881 9916 SH DEFINED 0 0 9916
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 216 2771 SH DEFINED 0 0 2771
PNC FINL SVCS GROUP INC COM 693475105 932 14436 SH DEFINED 0 0 14436
POWERSHARES ETF TRUST DWA TECH LDRS 73935X153 247 9000 SH DEFINED 0 0 9000
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 1308 59730 SH DEFINED 0 0 59730
PRAXAIR INC COM 74005P104 376 3286 SH DEFINED 0 0 3286
PRICE T ROWE GROUP INC COM 74144T108 2100 32158 SH DEFINED 0 0 32158
PROCTER & GAMBLE CO COM 742718109 6572 97828 SH DEFINED 0 0 97828
PSS WORLD MED INC COM 69366A100 208 8185 SH DEFINED 0 0 8185
PURE BIOSCIENCE INC COM 74621T100 11 45300 SH DEFINED 0 0 45300
QUALCOMM INC COM 747525103 4266 62773 SH DEFINED 0 0 62773
QUANTA SVCS INC COM 74762E102 606 29050 SH DEFINED 0 0 29050
RACKSPACE HOSTING INC COM 750086100 375 6475 SH DEFINED 0 0 6475
RAINMAKER SYSTEMS COM NEW 750875304 17 20000 SH DEFINED 0 0 20000
REVENUESHARES ETF TR MID CAP FD 761396209 224 7000 SH DEFINED 0 0 7000
RITE AID CORP COM 767754104 17 10260 SH DEFINED 0 0 10260
ROBERT HALF INTL INC COM 770323103 480 15850 SH DEFINED 0 0 15850
ROCKWELL COLLINS INC COM 774341101 413 7168 SH DEFINED 0 0 7168
ROWAN COS INC COM 779382100 351 10650 SH DEFINED 0 0 10650
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 2359 45463 SH DEFINED 0 0 45463
SALESFORCE COM INC COM 79466L302 4840 31323 SH DEFINED 0 0 31323
SALIX PHARMACEUTICALS INC NOTE 2.750% 5/1 795435AC0 41 30000 PRN DEFINED 0 0 30000
SANDISK CORP NOTE 1.500% 8/1 80004CAD3 20 18000 PRN DEFINED 0 0 18000
SARA LEE CORP COM 803111103 247 11464 SH DEFINED 0 0 11464
SBA COMMUNICATIONS CORP COM 78388J106 505 9944 SH DEFINED 0 0 9944
SBA COMMUNICATIONS CORP NOTE 1.875% 5/0 78388JAN6 44 33000 PRN DEFINED 0 0 33000
SCHLUMBERGER LTD COM 806857108 2310 33068 SH DEFINED 0 0 33068
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 208 6130 SH DEFINED 0 0 6130
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 444 9113 SH DEFINED 0 0 9113
SIGMA ALDRICH CORP COM 826552101 1735 23679 SH DEFINED 0 0 23679
SILVER WHEATON CORP COM 828336107 228 6865 SH DEFINED 0 0 6865
SOUTHWESTERN ENERGY CO COM 845467109 1048 34345 SH DEFINED 0 0 34345
SPDR GOLD TRUST GOLD SHS 78463V107 1091 6724 SH DEFINED 0 0 6724
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 238 6086 SH DEFINED 0 0 6086
SPECTRA ENERGY CORP COM 847560109 494 15729 SH DEFINED 0 0 15729
ST MARY LD & EXPL CO NOTE 3.500% 4/0 792228AD0 68 52000 PRN DEFINED 0 0 52000
STANLEY WKS FRNT 5/1 854616AM1 20 18000 PRN DEFINED 0 0 18000
STAPLES INC COM 855030102 516 31900 SH DEFINED 0 0 31900
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 490 8690 SH DEFINED 0 0 8690
STEEL DYNAMICS INC NOTE 5.125% 6/1 858119AP5 35 32000 PRN DEFINED 0 0 32000
STRYKER CORP COM 863667101 969 17477 SH DEFINED 0 0 17477
SUNCOR ENERGY INC NEW COM 867224107 1120 34204 SH DEFINED 0 0 34204
SYMANTEC CORP NOTE 1.000% 6/1 871503AF5 19 18000 PRN DEFINED 0 0 18000
TELEFLEX INC NOTE 3.875% 8/0 879369AA4 37 32000 PRN DEFINED 0 0 32000
TEVA PHARMACEUTICAL FIN LLC DBCV 0.250% 2/0 88163VAE9 38 36000 PRN DEFINED 0 0 36000
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 390 8676 SH DEFINED 0 0 8676
TEXAS INSTRS INC COM 882508104 238 7079 SH DEFINED 0 0 7079
TOTAL S A SPONSORED ADR 89151E109 1715 33577 SH DEFINED 0 0 33577
TRANSOCEAN INC NOTE 1.500%12/1 893830AW9 32 32000 PRN DEFINED 0 0 32000
TRANSOCEAN LTD REG SHS H8817H100 213 3870 SH DEFINED 0 0 3870
TTM TECHNOLOGIES INC NOTE 3.250% 5/1 87305RAC3 18 18000 PRN DEFINED 0 0 18000
UBS AG JERSEY BRH CMCI ETN 38 902641778 1047 46234 SH DEFINED 0 0 46234
UNDER ARMOUR INC CL A 904311107 427 4576 SH DEFINED 0 0 4576
UNION PAC CORP COM 907818108 216 2007 SH DEFINED 0 0 2007
UNITED TECHNOLOGIES CORP COM 913017109 527 6366 SH DEFINED 0 0 6366
UNIVERSAL DISPLAY CORP COM 91347P105 365 10000 SH DEFINED 0 0 10000
UTI WORLDWIDE INC ORD G87210103 258 15000 SH DEFINED 0 0 15000
VALMONT INDS INC COM 920253101 236 2000 SH DEFINED 0 0 2000
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 454 5452 SH DEFINED 0 0 5452
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 778 13133 SH DEFINED 0 0 13133
VANGUARD SCOTTSDALE FDS SHRT-TERM CORP 92206C409 403 5101 SH DEFINED 0 0 5101
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 270 5600 SH DEFINED 0 0 5600
VANGUARD WORLD FD EXTENDED DUR 921910709 395 3670 SH DEFINED 0 0 3670
VERISIGN INC SDCV 3.250% 8/1 92343EAD4 22 18000 PRN DEFINED 0 0 18000
VERISK ANALYTICS INC CL A 92345Y106 637 13650 SH DEFINED 0 0 13650
VERIZON COMMUNICATIONS INC COM 92343V104 3869 101211 SH DEFINED 0 0 101211
VIRGIN MEDIA INC NOTE 6.500%11/1 92769LAB7 29 17000 PRN DEFINED 0 0 17000
VITAMIN SHOPPE INC COM 92849E101 249 5649 SH DEFINED 0 0 5649
VOLTERRA SEMICONDUCTOR CORP COM 928708106 331 9600 SH DEFINED 0 0 9600
WAL MART STORES INC COM 931142103 951 15625 SH DEFINED 0 0 15625
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 292 9835 SH DEFINED 0 0 9835
WASTE CONNECTIONS INC COM 941053100 474 14545 SH DEFINED 0 0 14545
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 203 13426 SH DEFINED 0 0 13426
WELLS FARGO & CO NEW COM 949746101 735 21505 SH DEFINED 0 0 21505
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