0001420506-13-000176.txt : 20130815 0001420506-13-000176.hdr.sgml : 20130815 20130815130707 ACCESSION NUMBER: 0001420506-13-000176 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130630 FILED AS OF DATE: 20130815 DATE AS OF CHANGE: 20130815 EFFECTIVENESS DATE: 20130815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM INVESTMENT COUNSELORS INC CENTRAL INDEX KEY: 0000884423 IRS NUMBER: 561225913 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03405 FILM NUMBER: 131041544 BUSINESS ADDRESS: STREET 1: POP BOX 25427 CITY: WINSTON SALEM STATE: NC ZIP: 27114-5427 BUSINESS PHONE: 3367687230 MAIL ADDRESS: STREET 1: PO BOX 25427 CITY: WINSTON-SALEM STATE: NC ZIP: 27114-5427 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0000884423 XXXXXXXX 06-30-2013 06-30-2013 false SALEM INVESTMENT COUNSELORS INC

PO BOX 25427 WINSTON-SALEM NC 27114-5427

13F HOLDINGS REPORT 028-03405 N Dale M. Brown 3367687230 Dale M. Brown, President WINSTON-SALEM NC 08-14-2013 0 266 691080 false INFORMATION TABLE 2 Form13F_InfoTable.xml INFORMATION TABLE FOR SALEM INVESTMENT COUNSELORS INC 3M Company common 88579Y101 13619 124543 SH SOLE 124543 0 0 Abbot Labs common 002824100 3674 105323 SH SOLE 105323 0 0 Abbvie Inc common 00287Y109 4803 116183 SH SOLE 116183 0 0 Accenture PLC CL A common G1151C101 5749 79886 SH SOLE 79886 0 0 Activision Blizzard, Inc. common 00507V109 875 61352 SH SOLE 61352 0 0 Acuity Brands, Inc. common 00508Y102 277 3665 SH SOLE 3665 0 0 Allergan, Inc. common 18490102 295 3500 SH SOLE 3500 0 0 Alliance One International common 18772103 323 84998 SH SOLE 84998 0 0 Altria Group, Inc. common 02209S103 1264 36119 SH SOLE 36119 0 0 Amazon Com, Inc. common 023135106 1179 4244 SH SOLE 4244 0 0 American Axle & Mfg. Holdings, Inc. common 024061103 559 30000 SH SOLE 30000 0 0 American Electric Power, Inc. common 025537101 301 6712 SH SOLE 6712 0 0 American Express Company common 25816109 235 3145 SH SOLE 3145 0 0 Amex Health Care SPDR common 81369Y209 316 6644 SH SOLE 6644 0 0 Antares Pharma Inc. common 036642106 545 131120 SH SOLE 131120 0 0 Apache Corp. common 037411105 4918 58667 SH SOLE 58667 0 0 Apple Inc common 037833100 20404 51456 SH SOLE 51456 0 0 Arbor Realty Trust, Inc. common 038923108 173 27500 SH SOLE 27500 0 0 Armour Residential Reit, Inc. common 042315101 52 11000 SH SOLE 11000 0 0 AT&T Corp. common 00206R102 5144 145310 SH SOLE 145310 0 0 Automatic Data Processing, Inc. common 53015103 318 4623 SH SOLE 4623 0 0 Balchem Corp. common 057665200 7288 162869 SH SOLE 162869 0 0 Bank of America Corp. common 60505104 5150 400485 SH SOLE 400485 0 0 Baxter International, Inc. common 71813109 320 4620 SH SOLE 4620 0 0 BB&T Corporation common 54937107 13526 399233 SH SOLE 399233 0 0 Becton Dickinson & Co. common 075887109 322 3254 SH SOLE 3254 0 0 Berkshire Hathaway, Inc. CL B common 084670702 19244 171941 SH SOLE 171941 0 0 Berkshire Hathaway, Inc. DEL CL A common 084670108 3035 18 SH SOLE 18 0 0 BHP Billiton Ltd. ADR common 88606108 3165 54889 SH SOLE 54889 0 0 Biodelivery Sci International, Inc. common 09060J106 137 33850 SH SOLE 33850 0 0 Boardwalk Pipeline Partners common 096627104 574 19000 SH SOLE 19000 0 0 BP PLC Sponsored ADR common 55622104 551 13196 SH SOLE 13196 0 0 Bristol Myers Squibb Co. common 110122108 4617 103318 SH SOLE 103318 0 0 Buckeye Partners LP common 118230101 1274 18160 SH SOLE 18160 0 0 Canadian Nat. Res. Ltd. common 136385101 537 19000 SH SOLE 19000 0 0 Capital One Financial Corp. common 14040H105 939 14944 SH SOLE 14944 0 0 Carlyle Group common 14309L102 653 25475 SH SOLE 25475 0 0 Caterpillar, Inc. common 149123101 8654 104908 SH SOLE 104908 0 0 Celgene Corp. common 151020104 536 4581 SH SOLE 4581 0 0 Celldex Therapeutics, Inc. common 15117B103 693 44420 SH SOLE 44420 0 0 CenturyLink, Inc. common 156700106 262 7406 SH SOLE 7406 0 0 Chesapeake Energy Corp. common 165167107 1676 82237 SH SOLE 82237 0 0 ChevronTexaco Corporation common 166764100 3921 33136 SH SOLE 33136 0 0 Chicago Bridge & Iron common 167250109 350 5860 SH SOLE 5860 0 0 Cisco Systems, Inc. common 17275R102 8665 356059 SH SOLE 356059 0 0 Citigroup, Inc. common 172967424 726 15139 SH SOLE 15139 0 0 Cliffs Natural Res., Inc. common 18683K101 353 21730 SH SOLE 21730 0 0 Coca-Cola Company common 191216100 6806 169685 SH SOLE 169685 0 0 Colgate-Palmolive Co. common 194162103 5618 98056 SH SOLE 98056 0 0 ConocoPhillips common 20825C104 2947 48713 SH SOLE 48713 0 0 Credit Suisse ETN common 22542D852 776 25980 SH SOLE 25980 0 0 Crosstex Energy LP common 22765U102 856 41500 SH SOLE 41500 0 0 Curis, Inc. common 231269101 32 10000 SH SOLE 10000 0 0 CVR Partners common 126633106 691 30400 SH SOLE 30400 0 0 CVR Refining common 12663P107 2309 76800 SH SOLE 76800 0 0 CVS Caremark Corp. common 126650100 1880 32876 SH SOLE 32876 0 0 D R Horton Company common 23331A109 1332 62590 SH SOLE 62590 0 0 DCP Midstream Partners LP common 23311P100 1390 25700 SH SOLE 25700 0 0 Dentsply Intl. Inc. New common 249030107 492 12000 SH SOLE 12000 0 0 Devon Energy Corp. common 25179M103 5536 106717 SH SOLE 106717 0 0 Disney, Walt Company common 254687106 2869 45439 SH SOLE 45439 0 0 Dominion Resources Inc. - VA common 25746U109 760 13375 SH SOLE 13375 0 0 Doubleline Income Solutions Fund common 258622109 2321 100000 SH SOLE 100000 0 0 Dover Corporation common 260003108 4154 53495 SH SOLE 53495 0 0 Duke Energy Corporation common 26441C204 1912 28325 SH SOLE 28325 0 0 Dupont de nemours E.I. common 263534109 465 8858 SH SOLE 8858 0 0 Eaton Corp common G29183103 395 6000 SH SOLE 6000 0 0 El Paso Pipeline Partners LP common 283702108 2922 66900 SH SOLE 66900 0 0 Ellington Residential Mortgage Reit common 288578107 893 50000 SH SOLE 50000 0 0 Emagin Corp. common 29076N206 278 78016 SH SOLE 78016 0 0 EMC Corp. MASS common 268648102 6299 266696 SH SOLE 266696 0 0 Emerson Electric common 291011104 1023 18765 SH SOLE 18765 0 0 Enbridge Energy Partners LP common 29250R106 1378 45200 SH SOLE 45200 0 0 Energy Transfer Equity LP common 29273V100 826 13800 SH SOLE 13800 0 0 Energy Transfer Partners LP common 29273R109 1466 29000 SH SOLE 29000 0 0 Enterprise Products Partners common 293792107 6099 98129 SH SOLE 98129 0 0 Exactech, Inc. common 30064E109 296 15000 SH SOLE 15000 0 0 Exxon Mobile Corporation common 30231G102 10612 117451 SH SOLE 117451 0 0 Facebook, Inc. common 30303M102 704 28300 SH SOLE 28300 0 0 Fidelity National Info. Services common 31620M106 1011 23600 SH SOLE 23600 0 0 Fifth Street Finance Corp. common 31678A103 173 16600 SH SOLE 16600 0 0 First Citizens Bancshares CL A common 31946M103 819 4267 SH SOLE 4267 0 0 Freeport McMoran Copper & Gold common 35671D857 315 11402 SH SOLE 11402 0 0 General Dynamics Corp. common 369550108 375 4783 SH SOLE 4783 0 0 General Electric Company common 369604103 12214 526677 SH SOLE 526677 0 0 Gilead Sciences, Inc. common 375558103 505 9850 SH SOLE 9850 0 0 Glaxo Smith Kline PLC common 37733W105 1614 32296 SH SOLE 32296 0 0 Goldman Sachs Group, Inc. common 38141G104 2007 13268 SH SOLE 13268 0 0 Google, Inc. CL A common 38259P508 15968 18138 SH SOLE 18138 0 0 Government Properties Income Reit common 38376A103 1506 59700 SH SOLE 59700 0 0 Green Mountain Coffee Roaster common 393122106 10656 141671 SH SOLE 141671 0 0 Harris Teeter Supermarkets common 414585109 2867 61184 SH SOLE 61184 0 0 Hatteras Financial Corp. common 41902R103 9238 374907 SH SOLE 374907 0 0 Herbalife Ltd. common G4412G101 1217 26950 SH SOLE 26950 0 0 Highwood Properties, Inc. REIT common 431284108 1954 54867 SH SOLE 54867 0 0 Holly Energy Partners LP common 435763107 399 10500 SH SOLE 10500 0 0 Home Depot, Inc. common 437076102 810 10457 SH SOLE 10457 0 0 Home Loan Servicing Solutions common G6648D109 479 20000 SH SOLE 20000 0 0 Hubbell Inc. Class B common 443510201 1033 10438 SH SOLE 10438 0 0 Huntsman Corporation common 447011107 3123 188615 SH SOLE 188615 0 0 Hyster-Yale Materials Handling, Inc. common 449172105 622 9900 SH SOLE 9900 0 0 Inergy Midstream LLC common 45671U106 278 12500 SH SOLE 12500 0 0 Infinera Corp. common 45667G103 168 15775 SH SOLE 15775 0 0 Ingersoll Rand CL A common G47791101 1181 21275 SH SOLE 21275 0 0 Intel Corp common 458140100 8185 337784 SH SOLE 337784 0 0 International Business Machines common 459200101 7848 41064 SH SOLE 41064 0 0 Ipath MSCI India ETN common 06739F291 945 17662 SH SOLE 17662 0 0 Ishares Dow Jones Select Div. Fund common 464287168 674 10537 SH SOLE 10537 0 0 Ishares ETF MSCI Frontier 100 Index Fund common 464286145 256 8710 SH SOLE 8710 0 0 Ishares FTSE XINHUA common 464287184 1425 43820 SH SOLE 43820 0 0 Ishares Iboxx Investor common 464287242 216 1900 SH SOLE 1900 0 0 Ishares MSCI Brazil Free Index Fund common 464286400 280 6388 SH SOLE 6388 0 0 Ishares MSCI Eafe Index common 464287465 1772 30921 SH SOLE 30921 0 0 Ishares MSCI Emerging common 464287234 7184 186587 SH SOLE 186587 0 0 Ishares MSCI Hong Kong common 464286871 476 25950 SH SOLE 25950 0 0 Ishares MSCI Japan Index common 464286848 1088 97000 SH SOLE 97000 0 0 Ishares MSCI Pacific Ex-Japan Index Fd common 464286665 319 7415 SH SOLE 7415 0 0 Ishares S&P 500 Index Fund common 464287200 5971 37114 SH SOLE 37114 0 0 Ishares S&P GLB ERG Sect common 464287341 387 10100 SH SOLE 10100 0 0 Ishares S&P Global Telecom common 464287275 213 3590 SH SOLE 3590 0 0 Ishares TR Comex Gold common 464285105 383 31920 SH SOLE 31920 0 0 Ishares TR Iboxx $ High Yield Corp. common 464288513 1246 13711 SH SOLE 13711 0 0 Ishares TR RUS 2000 I FD common 464287655 2988 30804 SH SOLE 30804 0 0 Ishares TR Russell Midcap Index Fund common 464287499 5821 44814 SH SOLE 44814 0 0 Ishares TR S&P Citigroup 1-3 Yr, Intl. common 464288125 1073 11700 SH SOLE 11700 0 0 Javelin Mortgage Investment Co. common 47200B104 1057 75000 SH SOLE 75000 0 0 Johnson & Johnson common 478160104 16131 187877 SH SOLE 187877 0 0 KB Home common 48666K109 4720 240435 SH SOLE 240435 0 0 Kellogg Company common 487836108 7160 111478 SH SOLE 111478 0 0 Kimberly-Clark Corp common 494368103 454 4670 SH SOLE 4670 0 0 Kinder Morgan Energy Partners LP common 494550106 3943 46175 SH SOLE 46175 0 0 Kinder Morgan Hold Co. LLC common 49456B101 314 8225 SH SOLE 8225 0 0 Kraft Foods Group common 50076Q106 972 17405 SH SOLE 17405 0 0 Krispy Kreme Doughnuts, Inc. common 501014104 190 10900 SH SOLE 10900 0 0 Lender Processing Svcs Inc common 52602E102 390 12050 SH SOLE 12050 0 0 Lennar Corp. CL A common 526057104 929 25771 SH SOLE 25771 0 0 Lennox International, Inc. common 526107107 588 9115 SH SOLE 9115 0 0 Lilly, Eli & Co. common 532457108 215 4374 SH SOLE 4374 0 0 Lincoln National Corp. common 534187109 332 9095 SH SOLE 9095 0 0 Linn Energy common 536020100 474 14300 SH SOLE 14300 0 0 Lowes Companies Inc. common 548661107 12561 307111 SH SOLE 307111 0 0 Magellan Midstream Partners common 559080106 942 17292 SH SOLE 17292 0 0 Market Vectors ETF Brazil Small common 57060U613 538 16905 SH SOLE 16905 0 0 Market Vectors ETF Jr Gold Miners common 57060U589 143 15582 SH SOLE 15582 0 0 Market Vectors ETF TR Global common 57060U605 1873 36580 SH SOLE 36580 0 0 Market Vectors ETF TR Gold Miners common 57060U100 290 11855 SH SOLE 11855 0 0 McDonalds Corporation common 580135101 10791 109005 SH SOLE 109005 0 0 Medley Capital Corp. common 58503F106 620 45675 SH SOLE 45675 0 0 Medtronic, Inc. common 585055106 1975 38373 SH SOLE 38373 0 0 Merck & Co. common 58933Y105 9651 207765 SH SOLE 207765 0 0 Methode Electronics, Inc. Class A common 591520200 306 18000 SH SOLE 18000 0 0 Mettler-Toledo International, Inc. common 592688105 1489 7400 SH SOLE 7400 0 0 MGC Diagnostics common 552768103 186 22259 SH SOLE 22259 0 0 Microsoft Corporation common 594918104 17046 493431 SH SOLE 493431 0 0 Microvision, Inc. common 594960304 64 25500 SH SOLE 25500 0 0 Mondelez International, Inc. common 609207105 2403 84211 SH SOLE 84211 0 0 Morgan, JP Chase & Co. common 46625H100 8563 162218 SH SOLE 162218 0 0 Morgan, JP Exch. Traded NT Alerian MLP common 46625H365 1476 31650 SH SOLE 31650 0 0 Mosaic Company common 61945C103 2650 49250 SH SOLE 49250 0 0 Myers Industries Inc. Comm. common 628464109 1024 68244 SH SOLE 68244 0 0 National Presto Industries, Inc. common 6706D8104 1781 24725 SH SOLE 24725 0 0 Newbridge Bancorp common 65080T102 174 29054 SH SOLE 29054 0 0 Nextera Energy, Inc. common 65339F101 921 11304 SH SOLE 11304 0 0 Nokia Corp. common 654902204 39 10475 SH SOLE 10475 0 0 Norfolk Southern Corp. common 655844108 206 2840 SH SOLE 2840 0 0 NovaGold Resources, Inc. common 66987E206 25 12070 SH SOLE 12070 0 0 Novartis A G Spon ADR F common 66987V109 498 7048 SH SOLE 7048 0 0 Nu Skin Enterprises CL A common 67018T105 1354 22150 SH SOLE 22150 0 0 Occidental Pete. Corp. common 674599105 1187 13305 SH SOLE 13305 0 0 Old Rep. Intl. Corp. common 680223104 529 41128 SH SOLE 41128 0 0 Oracle Corp. common 68389X105 2544 82844 SH SOLE 82844 0 0 Pacific Coast Oil Trust common 694103102 361 20000 SH SOLE 20000 0 0 Pepsico, Inc. common 713448108 26475 323696 SH SOLE 323696 0 0 Petroleum & Res. Corp. common 716549100 285 11117 SH SOLE 11117 0 0 Pfizer, Inc. common 717081103 10350 369506 SH SOLE 369506 0 0 Philip Morris International, Inc. common 718172109 9074 104755 SH SOLE 104755 0 0 Phillips 66 common 718546104 940 15952 SH SOLE 15952 0 0 Piedmont Natural Gas common 720186105 215 6360 SH SOLE 6360 0 0 Pimco Corporate Opportunity Fund common 72201B101 235 12000 SH SOLE 12000 0 0 Pioneer Natural Res. Co. common 723787107 608 4200 SH SOLE 4200 0 0 Plains All American Pipeline LP common 726503105 2689 48188 SH SOLE 48188 0 0 Powershares ETF Fund S&P Smallcap common 73937B878 3379 93200 SH SOLE 93200 0 0 Praxair, Inc. common 74005P104 233 2020 SH SOLE 2020 0 0 Priceline Com, Inc. common 741503403 248 300 SH SOLE 300 0 0 Procter & Gamble Co. common 742718109 11727 152317 SH SOLE 152317 0 0 Prospect Capital Corporation common 74348T102 728 67420 SH SOLE 67420 0 0 PulteGroup, Inc. common 745867101 558 29390 SH SOLE 29390 0 0 PVR Partners LP common 693665101 2354 86240 SH SOLE 86240 0 0 QR Energy LP common 74734R108 2214 125850 SH SOLE 125850 0 0 Qualcomm, Inc. common 747525103 10673 174716 SH SOLE 174716 0 0 Quintiles Transnational Holdings common 74876Y101 528 12395 SH SOLE 12395 0 0 Ralph Lauren Corporation common 751212101 278 1600 SH SOLE 1600 0 0 Regions Financial Corp. common 7591EP100 113 11848 SH SOLE 11848 0 0 Rio Tinto PLC Spon common 767204100 351 8550 SH SOLE 8550 0 0 Rochester Medical Corp. common 771497104 366 24850 SH SOLE 24850 0 0 Rock-Tenn Company common 772739207 1738 17400 SH SOLE 17400 0 0 Royal Bank CDA Montreal common 780087102 203 3486 SH SOLE 3486 0 0 Rydex ETF TR common 78355W106 245 4000 SH SOLE 4000 0 0 SCBT Finanical Corp. common 78401V102 734 14572 SH SOLE 14572 0 0 SCH US Mid-Cap ETF common 808524508 5476 171355 SH SOLE 171355 0 0 Schlumberger Ltd. common 806857108 818 11416 SH SOLE 11416 0 0 SCHW Emerging Market EQ ETF common 808524706 3351 143530 SH SOLE 143530 0 0 SCHW Intl. EQ ETF common 808524805 1058 38850 SH SOLE 38850 0 0 SCHW US Brd. Mkt. ETF common 808524102 606 15562 SH SOLE 15562 0 0 SCHW US LCAP ETF common 808524201 1332 34881 SH SOLE 34881 0 0 SCHW US SCAP ETF common 808524607 1032 23470 SH SOLE 23470 0 0 Schwab Charles The Corporation common 808513105 263 12407 SH SOLE 12407 0 0 Sempra Energy common 816851109 319 3905 SH SOLE 3905 0 0 Silver Wheaton Corporation common 828336107 1094 55625 SH SOLE 55625 0 0 Sonoco Products common 835495102 4306 124560 SH SOLE 124560 0 0 Southern Copper Corp. common 84265V105 786 28466 SH SOLE 28466 0 0 SPDR DJ Wilshire Int'l Real Estate ETF common 78463X863 317 7945 SH SOLE 7945 0 0 SPDR Dow Jones Indl. Avg ETF common 78467X109 205 1382 SH SOLE 1382 0 0 SPDR Gold Trust common 78463V107 1245 10450 SH SOLE 10450 0 0 SPDR S&P 400 Midcap Grow ETF common 78467Y107 501 2385 SH SOLE 2385 0 0 SPDR S&P 500 ETF common 78462F103 4889 30476 SH SOLE 30476 0 0 SPDR S&P China ETF common 78463X400 2583 40300 SH SOLE 40300 0 0 Spectra Energy Corp. common 847560109 2265 65718 SH SOLE 65718 0 0 St. Jude Medical, Inc. common 790849103 1773 38855 SH SOLE 38855 0 0 Stericycle, Inc. common 858912108 994 9000 SH SOLE 9000 0 0 Stryker Corporation common 863667101 556 8600 SH SOLE 8600 0 0 Suburban Propane Partners LP common 864482104 246 5304 SH SOLE 5304 0 0 Summit Midstream Partners LP common 866142102 239 7000 SH SOLE 7000 0 0 Sunoco Logistics Partners LP common 86764L108 3019 47210 SH SOLE 47210 0 0 Suntrust Banks, Inc. common 867914103 286 9047 SH SOLE 9047 0 0 SVB Financial Group, Inc. common 78486Q101 337 4045 SH SOLE 4045 0 0 Sysco Corporation common 871829107 6764 198018 SH SOLE 198018 0 0 Tanger Fact. Outlet Ctrs common 875465106 358 10692 SH SOLE 10692 0 0 Targa Resources Partners LP common 87611X105 3315 65700 SH SOLE 65700 0 0 Target Corporation common 87612E106 491 7124 SH SOLE 7124 0 0 Teva Pharmaceutical common 881624209 3835 97828 SH SOLE 97828 0 0 THL Credit Corp. common 872438106 760 50000 SH SOLE 50000 0 0 TICC Capital Corp. common 87244T109 767 79770 SH SOLE 79770 0 0 Tortoise MLP Fund, Inc. common 89148B101 905 30975 SH SOLE 30975 0 0 Total SA Spons ADR common 89151E109 202 4150 SH SOLE 4150 0 0 Toyota Motor CP ADR common 892331307 5056 41906 SH SOLE 41906 0 0 Unifi, Inc. common 904677200 472 22856 SH SOLE 22856 0 0 Unifirst Corporation - Mass common 904708104 1334 14620 SH SOLE 14620 0 0 Unilever PLC ADR common 904767704 2911 71964 SH SOLE 71964 0 0 Union Pacific Corp. common 907818108 418 2710 SH SOLE 2710 0 0 United Health Group, Inc. common 91324P102 244 3721 SH SOLE 3721 0 0 United Technologies Corp. common 913017109 9602 103309 SH SOLE 103309 0 0 US Bancorp Del common 902973304 604 16700 SH SOLE 16700 0 0 Vale SA ADR common 91912E105 774 58865 SH SOLE 58865 0 0 Vanguard S&P 500 ETF common 922908413 6443 87852 SH SOLE 87852 0 0 Vanguard Bond Index common 921937819 480 5753 SH SOLE 5753 0 0 Vanguard Dividend Apprec. ETF common 921908844 859 12970 SH SOLE 12970 0 0 Vanguard Emerging Markets Vipers common 922042858 4731 121948 SH SOLE 121948 0 0 Vanguard Growth ETF common 922908736 429 5492 SH SOLE 5492 0 0 Vanguard Mega Cap 300 Growth common 921910816 1065 17625 SH SOLE 17625 0 0 Vanguard Mid-Cap ETF common 922908629 1532 16099 SH SOLE 16099 0 0 Vanguard National Res. LLC common 92205F106 2856 102375 SH SOLE 102375 0 0 Vanguard Reit common 922908553 365 5313 SH SOLE 5313 0 0 Vanguard Small Cap common 922908751 1594 17011 SH SOLE 17011 0 0 Vanguard Total Stock Market common 922908769 291 3516 SH SOLE 3516 0 0 Vanguard Whitehall Funds common 921946406 317 5625 SH SOLE 5625 0 0 Verizon Communications common 92343V104 1071 21282 SH SOLE 21282 0 0 VF Corporation common 918204108 1927 9981 SH SOLE 9981 0 0 Visa, Inc. common 92826C839 778 4255 SH SOLE 4255 0 0 Vringo, Inc. common 92911N104 279 87965 SH SOLE 87965 0 0 Walgreen Company common 931422109 8248 186610 SH SOLE 186610 0 0 Wal-Mart Stores, Inc. common 931142103 14053 188660 SH SOLE 188660 0 0 Wells Fargo & Co. common 949746101 5434 131668 SH SOLE 131668 0 0 Western Union Company common 959802109 296 17300 SH SOLE 17300 0 0 Weyerhaeuser Company common 962166104 504 17699 SH SOLE 17699 0 0 Yum Brands, Inc. common 988498101 1390 20050 SH SOLE 20050 0 0