0000763910-14-000006.txt : 20141112
0000763910-14-000006.hdr.sgml : 20141111
20141112163008
ACCESSION NUMBER: 0000763910-14-000006
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140930
FILED AS OF DATE: 20141112
DATE AS OF CHANGE: 20141112
EFFECTIVENESS DATE: 20141112
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: STRATTON MANAGEMENT CO
CENTRAL INDEX KEY: 0000763910
IRS NUMBER: 262168189
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-01484
FILM NUMBER: 141214477
BUSINESS ADDRESS:
STREET 1: 150 S. WARNER RD.
STREET 2: STE 460
CITY: KING OF PRUSSIA
STATE: PA
ZIP: 19406
BUSINESS PHONE: 6109410888
MAIL ADDRESS:
STREET 1: 150 S. WARNER RD.
STREET 2: STE 460
CITY: KING OF PRUSSIA
STATE: PA
ZIP: 19406
13F-HR
1
primary_doc.xml
13F-HR
LIVE
false
false
false
0000763910
XXXXXXXX
09-30-2014
09-30-2014
STRATTON MANAGEMENT CO
150 S. WARNER RD.
STE 460
KING OF PRUSSIA
PA
19406
13F HOLDINGS REPORT
028-01484
N
William Chu
Systems Administrator
6102600593
William Chu
King of Prussia
PA
11-12-2014
0
327
2215887
false
INFORMATION TABLE
2
inftablesmc3q14.xml
ACADIA REALTY TRUST
COM
004239109
2515
91200
SH
SOLE
91200
0
0
ALEXANDRIA REAL ESTATE EQUITIE
COM
015271109
2673
36250
SH
SOLE
36250
0
0
AMERICAN CAMPUS COMMUNITIES IN
COM
024835100
2674
73350
SH
SOLE
73350
0
0
BRANDYWINE REALTY TRUST SBI
COM
105368203
1508
107200
SH
SOLE
107200
0
0
CAMDEN PROPERTY TRUST
COM
133131102
2347
34250
SH
SOLE
34250
0
0
CAMPUS CREST COMMUNITIES INC
COM
13466Y105
448
70000
SH
SOLE
70000
0
0
CHESAPEAKE LODGING TRUST
COM
165240102
1895
65000
SH
SOLE
65000
0
0
CROWN CASTLE INTERNATIONAL COR
COM
228227104
2013
25000
SH
SOLE
25000
0
0
CUBE SMART
COM
229663109
1618
90000
SH
SOLE
90000
0
0
DDR CORP
COM
23317H102
3461
206864
SH
SOLE
206864
0
0
DIGITAL REALTY TRUST INC
COM
253868103
5082
81465
SH
SOLE
81465
0
0
EASTGROUP PROPERTIES SBI
COM
277276101
3944
65100
SH
SOLE
65100
0
0
EQUITY RESIDENTIAL
COM
29476L107
2476
40200
SH
SOLE
40200
0
0
ESSEX PROPERTY TRUST INC
COM
297178105
2413
13500
SH
SOLE
13500
0
0
FEDERAL REALTY INV. TRUST
COM
313747206
2073
17500
SH
SOLE
17500
0
0
FIRST INDUSTRIAL REALTY TRUST
COM
32054K103
1353
80000
SH
SOLE
80000
0
0
GENERAL GROWTH PROPERTIES
COM
370023103
2708
115000
SH
SOLE
115000
0
0
GLIMCHER REALTY TRUST
COM
379302102
24169
1785000
SH
SOLE
1785000
0
0
HCP INC
COM
40414l109
945
23800
SH
SOLE
23800
0
0
HEALTH CARE REIT INC
COM
42217K106
3234
51850
SH
SOLE
51850
0
0
HERSHA HOSPITALITY TRUST
COM
427825104
1433
225000
SH
SOLE
225000
0
0
HIGHWOODS PROPERTIES INC
COM
431284108
21436
551064
SH
SOLE
551064
0
0
HOME PROPERTIES INC
COM
437306103
14761
253450
SH
SOLE
253450
0
0
HOSPITALITY PROPERTIES TRUST
COM
44106M102
390
14525
SH
SOLE
14525
0
0
HUDSON PACIFIC PROPERTIES INC
COM
444097109
1356
55000
SH
SOLE
55000
0
0
KIMCO REALTY CORP
COM
49446R109
2985
136225
SH
SOLE
136225
0
0
LASALLE HOTEL PROPERTIES
COM
517942108
1589
46400
SH
SOLE
46400
0
0
LIBERTY PROPERTY TRUST
COM
531172104
2039
61300
SH
SOLE
61300
0
0
MACERICH CO
COM
554382101
4349
68132
SH
SOLE
68132
0
0
MEDICAL PROPERTIES TRUST INC
COM
58463j304
20465
1669250
SH
SOLE
1669250
0
0
MID-AMERICA APARTMENT COMMUNIT
COM
59522J103
228
3480
SH
SOLE
3480
0
0
NATIONAL RETAIL PPTYS INC
COM
637417106
2140
61900
SH
SOLE
61900
0
0
OMEGA HEALTHCARE INVESTORS
COM
681936100
1709
50000
SH
SOLE
50000
0
0
RAYONIER INC
COM
754907103
778
25000
SH
SOLE
25000
0
0
RLJ LODGING TRUST
COM
74965L101
3826
134400
SH
SOLE
134400
0
0
RYMAN HOSPITALITY PROPERTIES
COM
78377T107
19582
414000
SH
SOLE
414000
0
0
SIMON PROPERTY GROUP INC
COM
828806109
12929
78631
SH
SOLE
78631
0
0
SL GREEN REALTY CORP
COM
78440X101
21986
217000
SH
SOLE
217000
0
0
SOVRAN SELF STORAGE INC
COM
84610H108
2008
27000
SH
SOLE
27000
0
0
SUNSTONE HOTEL INVESTORS INC
COM
867892101
1125
81414
SH
SOLE
81414
0
0
TANGER FACTORY OUTLET CENTERS
COM
875465106
1472
45000
SH
SOLE
45000
0
0
TRADE STREET RESIDENTIAL INC
COM
89255N203
892
125000
SH
SOLE
125000
0
0
UDR INC
COM
902653104
3147
115477
SH
SOLE
115477
0
0
VENTAS INC
COM
92276F100
1916
30933
SH
SOLE
30933
0
0
VORNADO REALTY TRUST
COM
929042109
1000
10000
SH
SOLE
10000
0
0
W P CAREY INC
COM
92936U109
4702
73728
SH
SOLE
73728
0
0
WASHINGTON PRIME GROUP INC
COM
939647103
193
11065
SH
SOLE
11065
0
0
WEYERHAEUSER CO
COM
962166104
5490
172310
SH
SOLE
172310
0
0
3M COMPANY
COM
88579Y101
10361
73128
SH
SOLE
73128
0
0
A T & T INC
COM
00206R102
4338
123103
SH
SOLE
123103
0
0
ABBOTT LABORATORIES
COM
002824100
7177
172570
SH
SOLE
172570
0
0
ABBVIE INC
COM
00287Y109
11089
191991
SH
SOLE
191991
0
0
ACCENTURE PLC - CL A
COM
G1151C101
9528
117163
SH
SOLE
117163
0
0
ACTAVIS PLC
COM
G0083B108
6604
27369
SH
SOLE
27369
0
0
ACTIVISION BLIZZARD INC
COM
00507V109
1915
92100
SH
SOLE
92100
0
0
ACTUANT CORP - CL A
COM
00508X203
15707
514650
SH
SOLE
514650
0
0
AEGION CORP
COM
00770F104
482
21650
SH
SOLE
21650
0
0
AFFILIATED MANAGERS GROUP INC
COM
008252108
30865
154050
SH
SOLE
154050
0
0
AFLAC INC
COM
001055102
1669
28650
SH
SOLE
28650
0
0
AGRIUM INC
COM
008916108
701
7875
SH
SOLE
7875
0
0
AIR PRODUCTS & CHEMICALS INC
COM
009158106
13999
107534
SH
SOLE
107534
0
0
AIRGAS INC
COM
009363102
1051
9500
SH
SOLE
9500
0
0
ALLERGAN INC
COM
018490102
401
2250
SH
SOLE
2250
0
0
ALLSTATE CORPORATION
COM
020002101
1873
30525
SH
SOLE
30525
0
0
ALTRIA GROUP INC
COM
02209S103
3062
66650
SH
SOLE
66650
0
0
AMERICAN AIRLINES GROUP INC
COM
02376R102
2725
76815
SH
SOLE
76815
0
0
AMERICAN ELECTRIC POWER CO
COM
025537101
298
5700
SH
SOLE
5700
0
0
AMERICAN EXPRESS
COM
025816109
1055
12050
SH
SOLE
12050
0
0
AMERICAN FINANCIAL GROUP INC
COM
025932104
2107
36400
SH
SOLE
36400
0
0
AMERICAN WATER WORKS CO INC
COM
030420103
6756
140085
SH
SOLE
140085
0
0
AMERIPRISE FINANCIAL INC
COM
03076C106
8903
72160
SH
SOLE
72160
0
0
AMGEN INC
COM
031162100
7861
55966
SH
SOLE
55966
0
0
ANADARKO PETROLEUM CORP
COM
032511107
548
5400
SH
SOLE
5400
0
0
ANIXTER INTERNATIONAL
COM
035290105
24646
290500
SH
SOLE
290500
0
0
ANN INC
COM
035623107
19761
480448
SH
SOLE
480448
0
0
APACHE CORP
COM
037411105
678
7225
SH
SOLE
7225
0
0
APPLE INC
COM
037833100
4596
45620
SH
SOLE
45620
0
0
ARCHER DANIELS MIDLAND
COM
039483102
439
8600
SH
SOLE
8600
0
0
ARROW ELECTRONICS INC
COM
042735100
1539
27800
SH
SOLE
27800
0
0
AVAGO TECHNOLOGIES LTD
COM
Y0486S104
2014
23150
SH
SOLE
23150
0
0
AVERY DENNISON CORP
COM
053611109
1849
41400
SH
SOLE
41400
0
0
AVISTA CORP
COM
05379B107
16211
530986
SH
SOLE
530986
0
0
BAXTER INT'L
COM
071813109
1473
20520
SH
SOLE
20520
0
0
BEACON ROOFING SUPPLY INC
COM
073685109
10806
424100
SH
SOLE
424100
0
0
BECTON DICKINSON & CO
COM
075887109
5593
49140
SH
SOLE
49140
0
0
BED BATH AND BEYOND INC
COM
075896100
428
6500
SH
SOLE
6500
0
0
BELDEN INC
COM
077454106
29744
464600
SH
SOLE
464600
0
0
BHP BILLITON LTD
COM
088606108
224
3800
SH
SOLE
3800
0
0
BLACK HILLS CORP
COM
092113109
1391
29050
SH
SOLE
29050
0
0
BOARDWALK PIPELINE PARTNERS
COM
096627104
250
13350
SH
SOLE
13350
0
0
BONANZA CREEK ENERGY INC
COM
097793103
25841
454150
SH
SOLE
454150
0
0
BRINKER INTERNATIONAL INC
COM
109641100
22688
446700
SH
SOLE
446700
0
0
BRISTOL-MYERS SQUIBB
COM
110122108
8716
170298
SH
SOLE
170298
0
0
BUCKEYE PARTNERS L P UNIT LTD
COM
118230101
585
7350
SH
SOLE
7350
0
0
CABELA'S INC
COM
126804301
21527
365489
SH
SOLE
365489
0
0
CABOT OIL & GAS CORP
COM
127097103
16110
492800
SH
SOLE
492800
0
0
CACI INTERNATIONAL INC - CL A
COM
127190304
15986
224300
SH
SOLE
224300
0
0
CALLON PETROLEUM CO
COM
13123X102
13215
1500000
SH
SOLE
1500000
0
0
CAMPBELL SOUP
COM
134429109
3004
70300
SH
SOLE
70300
0
0
CAPITAL ONE FINANCIAL CORP VA
COM
14040H105
3924
48075
SH
SOLE
48075
0
0
CARDTRONICS INC
COM
14161H108
16895
479975
SH
SOLE
479975
0
0
CARRIZO OIL & GAS INC
COM
144577103
24076
447350
SH
SOLE
447350
0
0
CASEYS GENERAL STORES INC
COM
147528103
26629
371400
SH
SOLE
371400
0
0
CATERPILLAR INC
COM
149123101
5765
58211
SH
SOLE
58211
0
0
CECO ENVIRONMENTAL CORP
COM
125141101
393
29317
SH
SOLE
29317
0
0
CELGENE CORP COM
COM
151020104
424
4470
SH
SOLE
4470
0
0
CENTRAL FUND OF CANADA
COM
153501101
339
27500
SH
SOLE
27500
0
0
CENTURYLINK INC
COM
156700106
1442
35257
SH
SOLE
35257
0
0
CF INDUSTRIES HOLDINGS INC
COM
125269100
2954
10580
SH
SOLE
10580
0
0
CHEVRON CORP
COM
166764100
7335
61473
SH
SOLE
61473
0
0
CHICAGO BRIDGE AND IRON COMPAN
COM
167250109
21060
364050
SH
SOLE
364050
0
0
CHURCH & DWIGHT INC
COM
171340102
9419
134250
SH
SOLE
134250
0
0
CISCO SYSTEMS INC
COM
17275R102
880
34954
SH
SOLE
34954
0
0
COACH INC
COM
189754104
204
5725
SH
SOLE
5725
0
0
COAST DISTRIBUTION SERVICES
COM
190345108
43
13000
SH
SOLE
13000
0
0
COCA-COLA
COM
191216100
1323
31002
SH
SOLE
31002
0
0
COLGATE PALMOLIVE CO
COM
194162103
352
5402
SH
SOLE
5402
0
0
COMMUNITY BANK SYSTEMS INC
COM
203607106
15352
457050
SH
SOLE
457050
0
0
COMPASS MINERALS INTERNATIONAL
COM
20451n101
11563
137200
SH
SOLE
137200
0
0
CONAGRA FOODS INC
COM
205887102
1056
31975
SH
SOLE
31975
0
0
CONOCOPHILLIPS
COM
20825C104
9875
129046
SH
SOLE
129046
0
0
CONTINENTAL RESOURCES INC
COM
212015101
1423
21400
SH
SOLE
21400
0
0
CORNING INC
COM
219350105
325
16800
SH
SOLE
16800
0
0
CRANE CO
COM
224399105
23799
376500
SH
SOLE
376500
0
0
CSX CORP
COM
126408103
4985
155487
SH
SOLE
155487
0
0
CVS HEALTH CORPORATION
COM
126650100
8434
105970
SH
SOLE
105970
0
0
D.R. HORTON INC
COM
23331A109
2883
140475
SH
SOLE
140475
0
0
DARDEN RESTAURANTS INC
COM
237194105
1027
19950
SH
SOLE
19950
0
0
DEAN FOODS CO
COM
242370203
13763
1038750
SH
SOLE
1038750
0
0
DEERE & CO
COM
244199105
4489
54750
SH
SOLE
54750
0
0
DEVON ENERGY CORP
COM
25179M103
3789
55571
SH
SOLE
55571
0
0
DIAGEO PLC ADR
COM
25243Q205
3981
34495
SH
SOLE
34495
0
0
DIAMOND OFFSHORE DRILLING INC
COM
25271C102
267
7800
SH
SOLE
7800
0
0
DOMINION RESOURCES INC VA
COM
25746U109
3087
44675
SH
SOLE
44675
0
0
DONEGAL GROUP INC CL A
COM
257701201
462
30083
SH
SOLE
30083
0
0
DOVER CORP
COM
260003108
303
3775
SH
SOLE
3775
0
0
DOW CHEMICAL CO
COM
260543103
8934
170366
SH
SOLE
170366
0
0
DR PEPPER SNAPPLE GROUP INC
COM
26138E109
958
14900
SH
SOLE
14900
0
0
DU PONT EI DE NEMOURS
COM
263534109
4530
63133
SH
SOLE
63133
0
0
DUKE ENERGY CO
COM
26441C204
2939
39308
SH
SOLE
39308
0
0
EAST WEST BANCORP INC
COM
27579R104
2084
61300
SH
SOLE
61300
0
0
EATON CORP PLC
COM
G29183103
12074
190525
SH
SOLE
190525
0
0
EL PASO ELECTRIC CO
COM
283677854
16408
448931
SH
SOLE
448931
0
0
ELI LILLY CO
COM
532457108
6876
106024
SH
SOLE
106024
0
0
EMERSON ELECTRIC
COM
291011104
7516
120098
SH
SOLE
120098
0
0
ENERGIZER HOLDINGS INC
COM
29266R108
1626
13200
SH
SOLE
13200
0
0
ENERSYS
COM
29275Y102
31674
540150
SH
SOLE
540150
0
0
ENSCO PLC - CL A
COM
G3157S106
2520
61000
SH
SOLE
61000
0
0
EXPRESS SCRIPTS HOLDING CO
COM
30219G108
4012
56799
SH
SOLE
56799
0
0
EXXON MOBIL CORPORATION
COM
30231G102
11175
118815
SH
SOLE
118815
0
0
FAMILY DOLLAR STORES
COM
307000109
1900
24600
SH
SOLE
24600
0
0
FEDEX CORPORATION
COM
31428X106
3976
24625
SH
SOLE
24625
0
0
FIRST MIDWEST BANCORP INC
COM
320867104
11275
700762
SH
SOLE
700762
0
0
FIRST REPUBLIC BANK/CA
COM
33616C100
1802
36500
SH
SOLE
36500
0
0
FISERV INC
COM
337738108
2469
38200
SH
SOLE
38200
0
0
FORD MOTOR COMPANY
COM
345370860
6590
445575
SH
SOLE
445575
0
0
FREEPORT-MCMORAN INC
COM
35671D857
3686
112909
SH
SOLE
112909
0
0
GENERAC HOLDINGS INC
COM
368736104
21770
537000
SH
SOLE
537000
0
0
GENERAL DYNAMICS CORP
COM
369550108
524
4125
SH
SOLE
4125
0
0
GENERAL ELECTRIC
COM
369604103
12946
505311
SH
SOLE
505311
0
0
GENERAL MILLS INC
COM
370334104
383
7600
SH
SOLE
7600
0
0
GENUINE PARTS CO
COM
372460105
3417
38960
SH
SOLE
38960
0
0
GLACIER BANCORP INC
COM
37637q105
15493
599100
SH
SOLE
599100
0
0
GLAXOSMITHKLINE PLC ADR
COM
37733W105
648
14105
SH
SOLE
14105
0
0
GOOGLE INC CL A
COM
38259P508
274
465
SH
SOLE
465
0
0
GOOGLE INC CL C
COM
38259P706
222
385
SH
SOLE
385
0
0
GRAINGER W W INC
COM
384802104
201
800
SH
SOLE
800
0
0
H&R BLOCK INC
COM
093671105
509
16400
SH
SOLE
16400
0
0
HALLIBURTON CO
COM
406216101
3874
60060
SH
SOLE
60060
0
0
HARRIS CORP
COM
413875105
2887
43475
SH
SOLE
43475
0
0
HARTFORD FINANCIAL SERVICES GR
COM
416515104
201
5401
SH
SOLE
5401
0
0
HERSHEY FOODS
COM
427866108
258
2700
SH
SOLE
2700
0
0
HERTZ GLOBAL HOLDINGS
COM
42805T105
2140
84300
SH
SOLE
84300
0
0
HESS CORP
COM
42809H107
724
7675
SH
SOLE
7675
0
0
HOME DEPOT INC
COM
437076102
1383
15075
SH
SOLE
15075
0
0
HONEYWELL INTL INC
COM
438516106
8715
93587
SH
SOLE
93587
0
0
HORMEL FOODS CORP
COM
440452100
848
16500
SH
SOLE
16500
0
0
IBERIABANK CORP
COM
450828108
16312
260950
SH
SOLE
260950
0
0
ICON PLC
COM
G4705A100
2106
36800
SH
SOLE
36800
0
0
ICONIX BRAND GROUP INC
COM
451055107
16438
445000
SH
SOLE
445000
0
0
ILLINOIS TOOL WORKS
COM
452308109
2029
24035
SH
SOLE
24035
0
0
INGERSOLL-RAND PLC
COM
G47791101
335
5950
SH
SOLE
5950
0
0
INT'L BUSINESS MACHINES CORP
COM
459200101
13291
70017
SH
SOLE
70017
0
0
INTEL CORP
COM
458140100
3943
113245
SH
SOLE
113245
0
0
J.M. SMUCKER COM
COM
832696405
991
10009
SH
SOLE
10009
0
0
JARDEN CORPORATION
COM
471109108
29754
495000
SH
SOLE
495000
0
0
JOHNSON & JOHNSON
COM
478160104
12721
119349
SH
SOLE
119349
0
0
JPMORGAN CHASE & CO.
COM
46625H100
8654
143665
SH
SOLE
143665
0
0
KAYNE ANDERSON ENERGY DEVELOPM
COM
48660Q102
311
8500
SH
SOLE
8500
0
0
KAYNE ANDERSON MLP INVT CO
COM
486606106
5945
145567
SH
SOLE
145567
0
0
KELLOGG CO
COM
487836108
376
6106
SH
SOLE
6106
0
0
KEY CORP
COM
493267108
2125
159400
SH
SOLE
159400
0
0
KIMBERLY-CLARK CORP
COM
494368103
11976
111331
SH
SOLE
111331
0
0
KINDER MORGAN ENERGY PRTNRS
COM
494550106
457
4900
SH
SOLE
4900
0
0
KODIAK OIL & GAS CORP
COM
50015Q100
18693
1377550
SH
SOLE
1377550
0
0
KOHLS CORP WISC PV
COM
500255104
1263
20700
SH
SOLE
20700
0
0
KRAFT FOODS GROUP INC
COM
50076Q106
669
11859
SH
SOLE
11859
0
0
L-3 COMMUNICATIONS HLDGS INC
COM
502424104
2227
18725
SH
SOLE
18725
0
0
LABORATORY CORPORATION OF AMER
COM
50540R409
326
3200
SH
SOLE
3200
0
0
LOCKHEED MARTIN CORP
COM
539830109
1307
7150
SH
SOLE
7150
0
0
LORILLARD INC
COM
544147101
256
4275
SH
SOLE
4275
0
0
LYONDELL BASELL INDUSTRIES - C
COM
N53745100
4338
39920
SH
SOLE
39920
0
0
MACY'S INC
COM
55616P104
5542
95255
SH
SOLE
95255
0
0
MAGNA INTERNATIONAL INC
COM
559222401
1594
16800
SH
SOLE
16800
0
0
MARATHON OIL CORP
COM
565849106
598
15900
SH
SOLE
15900
0
0
MARATHON PETROLEUM CORP
COM
56585A102
487
5750
SH
SOLE
5750
0
0
MARRIOTT INTERNATIONAL INC CL
COM
571903202
2796
40000
SH
SOLE
40000
0
0
MASTEC INCORPORATED
COM
576323109
30631
1000350
SH
SOLE
1000350
0
0
MB FINANCIAL INC
COM
55264u108
14085
508850
SH
SOLE
508850
0
0
MERCK & CO INC/NJ
COM
58933Y105
4189
70662
SH
SOLE
70662
0
0
MEREDITH CORP
COM
589433101
695
16250
SH
SOLE
16250
0
0
METLIFE INC
COM
59156R108
6432
119741
SH
SOLE
119741
0
0
MICROSOFT CORP
COM
594918104
12582
271392
SH
SOLE
271392
0
0
MITSUBISHI UFJ FINANCIAL GROUP
COM
606822104
56
10000
SH
SOLE
10000
0
0
MOHAWK INDUSTRIES INC
COM
608190104
2184
16200
SH
SOLE
16200
0
0
MONDELEZ INTERNATIONAL INC
COM
609207105
1069
31184
SH
SOLE
31184
0
0
MOOG INC
COM
615394202
28641
418725
SH
SOLE
418725
0
0
MURPHY OIL CORP
COM
626717102
509
8950
SH
SOLE
8950
0
0
MYLAN INC
COM
628530107
5758
126585
SH
SOLE
126585
0
0
McCORMICK & CO INC NON VTG
COM
579780206
2107
31500
SH
SOLE
31500
0
0
McDONALDS CORP
COM
580135101
7704
81258
SH
SOLE
81258
0
0
NATIONAL OILWELL VARCO INC
COM
637071101
1029
13525
SH
SOLE
13525
0
0
NETAPP INC
COM
64110D104
243
5650
SH
SOLE
5650
0
0
NETSCOUT SYSTEMS INC
COM
64115T104
30555
667150
SH
SOLE
667150
0
0
NEW JERSEY RESOURCES
COM
646025106
1932
38250
SH
SOLE
38250
0
0
NEWMONT MINING CORP
COM
651639106
221
9600
SH
SOLE
9600
0
0
NEXTERA ENERGY INC
COM
65339F101
4216
44905
SH
SOLE
44905
0
0
NOBLE CORP PLC
COM
G65431101
734
33055
SH
SOLE
33055
0
0
NORFOLK SOUTHERN CORP
COM
655844108
9531
85405
SH
SOLE
85405
0
0
NORTHWEST BANCSHARES INC
COM
667340103
13409
1108221
SH
SOLE
1108221
0
0
NOVARTIS AG
COM
66987v109
259
2750
SH
SOLE
2750
0
0
NOVO-NORDISK ADR
COM
670100205
10205
214300
SH
SOLE
214300
0
0
NUANCE COMMUNICATIONS INC
COM
67020Y100
501
32500
SH
SOLE
32500
0
0
OCCIDENTAL PETROLEUM CORP
COM
674599105
6764
70345
SH
SOLE
70345
0
0
ON SEMICONDUCTOR CORPORATION
COM
682189105
15659
1751550
SH
SOLE
1751550
0
0
ORACLE CORPORATION
COM
68389X105
6124
159989
SH
SOLE
159989
0
0
OSHKOSH CORP
COM
688239201
18088
409700
SH
SOLE
409700
0
0
PAREXEL INTERNATIONAL
COM
699462107
39296
622850
SH
SOLE
622850
0
0
PARKER-HANNIFIN
COM
701094104
3109
27240
SH
SOLE
27240
0
0
PAYCHEX INC
COM
704326107
855
19350
SH
SOLE
19350
0
0
PENTAIR PLC
COM
G7S00T104
2191
33453
SH
SOLE
33453
0
0
PEPSICO INC
COM
713448108
6513
69967
SH
SOLE
69967
0
0
PERKINELMER INC
COM
714046109
2014
46200
SH
SOLE
46200
0
0
PFIZER INC
COM
717081103
3746
126675
SH
SOLE
126675
0
0
PHILIP MORRIS INTERNATIONAL IN
COM
718172109
2586
31010
SH
SOLE
31010
0
0
PHILLIPS 66
COM
718546104
9968
122589
SH
SOLE
122589
0
0
PIEDMONT NATURAL GAS
COM
720186105
4037
120386
SH
SOLE
120386
0
0
PNC FINANCIAL SERVICES GROUP
COM
693475105
7285
85125
SH
SOLE
85125
0
0
POLYONE CORP
COM
73179P106
30990
871000
SH
SOLE
871000
0
0
PORTLAND GENERAL ELECTRIC CO
COM
736508847
13890
432450
SH
SOLE
432450
0
0
PPG INDUSTRIES INC
COM
693506107
9060
46050
SH
SOLE
46050
0
0
PPL CORP
COM
69351T106
1135
34550
SH
SOLE
34550
0
0
PRAXAIR INC
COM
74005P104
961
7450
SH
SOLE
7450
0
0
PROCTER & GAMBLE
COM
742718109
5137
61344
SH
SOLE
61344
0
0
PRUDENTIAL FINANCIAL
COM
744320102
8014
91125
SH
SOLE
91125
0
0
PTC INC
COM
69370C100
26950
730350
SH
SOLE
730350
0
0
PUBLIC SERVICE ENTERPRISE INC
COM
744573106
562
15100
SH
SOLE
15100
0
0
QUALCOMM INC
COM
747525103
7591
101530
SH
SOLE
101530
0
0
QUEST DIAGNOSTICS
COM
74834L100
458
7548
SH
SOLE
7548
0
0
RAYTHEON
COM
755111507
3693
36344
SH
SOLE
36344
0
0
RF MICRO DEVICES
COM
749941100
24026
2082000
SH
SOLE
2082000
0
0
RGC RESOURCES
COM
74955l103
699
35116
SH
SOLE
35116
0
0
ROYAL CARIBBEAN CRUISES LTD
COM
V7780T103
4809
71465
SH
SOLE
71465
0
0
ROYAL DUTCH SHELL PLC
COM
780259206
871
11435
SH
SOLE
11435
0
0
RPM INC
COM
749685103
8286
181006
SH
SOLE
181006
0
0
SCHLUMBERGER LTD
COM
806857108
3561
35014
SH
SOLE
35014
0
0
SELECTIVE INSURANCE GROUP INC
COM
816300107
13223
597250
SH
SOLE
597250
0
0
SIGNATURE BANK
COM
82669g104
26334
235000
SH
SOLE
235000
0
0
SILGAN HOLDINGS INC
COM
827048109
22165
471600
SH
SOLE
471600
0
0
SKYWORKS SOLUTIONS INC
COM
83088M102
8586
147900
SH
SOLE
147900
0
0
SM ENERGY COMPANY
COM
78454l100
2787
35735
SH
SOLE
35735
0
0
SOLERA HOLDINGS INC
COM
83421A104
15217
270000
SH
SOLE
270000
0
0
SOUTHWEST GAS CORP
COM
844895102
17837
367160
SH
SOLE
367160
0
0
STANLEY BLACK DECKER INC
COM
854502101
4707
53010
SH
SOLE
53010
0
0
SUPERIOR ENERGY SERVICES
COM
868157108
13916
423378
SH
SOLE
423378
0
0
SVB FINANCIAL GROUP
COM
78486q101
28594
255100
SH
SOLE
255100
0
0
SYSCO CORP
COM
871829107
1774
46750
SH
SOLE
46750
0
0
TAL INTERNATIONAL GROUP INC
COM
874083108
213
5175
SH
SOLE
5175
0
0
TARGET CORP
COM
87612E106
1471
23475
SH
SOLE
23475
0
0
TE CONNECTIVITY LTD
COM
H84989104
1918
34685
SH
SOLE
34685
0
0
THE MOSAIC CO
COM
61945C103
1184
26650
SH
SOLE
26650
0
0
THE TRAVELERS COMPANIES INC
COM
89417E109
6589
70143
SH
SOLE
70143
0
0
THERMO FISHER SCIENTIFIC INC
COM
883556102
5601
46025
SH
SOLE
46025
0
0
TORCHMARK CORP
COM
891027104
3623
69186
SH
SOLE
69186
0
0
TORONTO-DOMINION BANK
COM
891160509
3930
79561
SH
SOLE
79561
0
0
TORTOISE ENERGY INFRASTRUCTURE
COM
89147L100
503
10450
SH
SOLE
10450
0
0
TOTAL SA SPON ADR
COM
89151E109
5888
91363
SH
SOLE
91363
0
0
TRANSOCEAN LTD
COM
H8817H100
243
7614
SH
SOLE
7614
0
0
TRINITY INDUSTRIES
COM
896522109
37624
805300
SH
SOLE
805300
0
0
TYCO INTERNATIONAL LTD
COM
H89128104
3885
87166
SH
SOLE
87166
0
0
U.S. BANCORP
COM
902973304
3750
89655
SH
SOLE
89655
0
0
UGI CORP
COM
902681105
3982
116800
SH
SOLE
116800
0
0
UMPQUA HOLDINGS CORP
COM
904214103
15492
940591
SH
SOLE
940591
0
0
UNION PACIFIC CORP
COM
907818108
6816
62870
SH
SOLE
62870
0
0
UNITED BANKSHARES
COM
909907107
15479
500450
SH
SOLE
500450
0
0
UNITED PARCEL SERVICE INC
COM
911312106
11592
117939
SH
SOLE
117939
0
0
UNITED RENTALS
COM
911363109
48093
432881
SH
SOLE
432881
0
0
UNITED TECHNOLOGIES CORP
COM
913017109
11553
109406
SH
SOLE
109406
0
0
V F CORP
COM
918204108
8577
129892
SH
SOLE
129892
0
0
VALERO ENERGY CORP
COM
91913Y100
261
5650
SH
SOLE
5650
0
0
VERIZON COMMUNICATIONS
COM
92343V104
13168
263420
SH
SOLE
263420
0
0
WALT DISNEY COMPANY
COM
254687106
2074
23301
SH
SOLE
23301
0
0
WASHINGTON TRUST BANCORP INC
COM
940610108
214
6480
SH
SOLE
6480
0
0
WASTE MANAGEMENT INC
COM
94106L109
10077
212022
SH
SOLE
212022
0
0
WD-40 CO
COM
929236107
4149
61050
SH
SOLE
61050
0
0
WEATHERFORD INTERNATIONAL PLC
COM
G48833100
354
17000
SH
SOLE
17000
0
0
WEBSTER FINANCIAL CORP
COM
947890109
17656
605900
SH
SOLE
605900
0
0
WELLS FARGO & CO
COM
949746101
855
16474
SH
SOLE
16474
0
0
WESCO INTERNATIONAL INC
COM
95082P105
1581
20200
SH
SOLE
20200
0
0
WEST PHARMACEUTICAL SERVICES
COM
955306105
31336
700100
SH
SOLE
700100
0
0
WESTLAKE CHEMICAL CORP
COM
960413102
1931
22300
SH
SOLE
22300
0
0
WGL HOLDINGS
COM
92924F106
834
19800
SH
SOLE
19800
0
0
WHIRLPOOL CORP
COM
963320106
4934
33875
SH
SOLE
33875
0
0
WHITING PETROLEUM CORP
COM
966387102
3639
46925
SH
SOLE
46925
0
0
WINTRUST FINANCIAL CORP
COM
97650W108
16707
374000
SH
SOLE
374000
0
0
WORTHINGTON INDUSTRIES INC
COM
981811102
17382
467000
SH
SOLE
467000
0
0
XCEL ENERGY INC
COM
98389B100
258
8500
SH
SOLE
8500
0
0
ZIMMER HOLDINGS INC
COM
98956P102
5031
50035
SH
SOLE
50035
0
0
VANGUARD TOTAL STOCK MKT VIPER
COM
922908769
526
5200
SH
SOLE
5200
0
0
ISHARES CHINA LARGE CAP ETF
COM
464287184
295
7700
SH
SOLE
7700
0
0
ISHARES MSCI EAFE ETF
COM
464287465
281
4375
SH
SOLE
4375
0
0
ISHARES MSCI EMERGING MKTS FD
COM
464287234
2347
56475
SH
SOLE
56475
0
0
ISHARES MSCI JAPAN INDEX FD
COM
464286848
239
20300
SH
SOLE
20300
0
0
ISHARES MSCI PACIFIC EX JAPAN
COM
464286665
4800
104200
SH
SOLE
104200
0
0
VANGUARD FTSE EMERGING MARKETS
COM
922042858
2161
51800
SH
SOLE
51800
0
0
VANGUARD TOTAL INTL STOCK ETF
COM
921909768
398
7800
SH
SOLE
7800
0
0
DNP SELECT INCOME FUND INC
COM
23325P104
363
35900.00
SH
SOLE
5900.000
0
0