The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC Com 00287Y109 8,446 125,710 SH   SOLE   93,150 0 32,560
ALLSTATE CORPORATION Com 020002101 22,090 340,523 SH   SOLE   251,450 0 89,073
ALTRIA GROUP INC Com 02209S103 4,574 93,510 SH   SOLE   82,920 0 10,590
AMERICAN INTERNATIONAL GROUP Com 026874784 6,080 98,350 SH   SOLE   72,650 0 25,700
APPLE INC Com 037833100 14,520 115,765 SH   SOLE   85,575 0 30,190
AT&T INC Com 00206R102 78,622 2,213,459 SH   SOLE   1,615,045 0 598,414
BANK NEW YORK MELLON Com 064058100 24,880 592,795 SH   SOLE   438,725 0 154,070
BAXTER INTERNATIONAL Com 071813109 7,834 112,026 SH   SOLE   83,050 0 28,976
BERKSHIRE HATHAWAY INC CL A Com 084670108 410 2 SH   SOLE   2 0 0
BOEING Com 097023105 8,531 61,500 SH   SOLE   44,800 0 16,700
CATERPILLAR INC Com 149123101 39,471 465,350 SH   SOLE   350,800 0 114,550
CHEVRON CORP Com 166764100 51,483 533,672 SH   SOLE   394,510 0 139,162
COCA COLA CO Com 191216100 46,159 1,176,620 SH   SOLE   870,050 0 306,570
COMCAST CORP CL A Com 20030N101 5,581 92,800 SH   SOLE   67,750 0 25,050
CONOCOPHILLIPS Com 20825C104 23,564 383,717 SH   SOLE   283,850 0 99,867
DEVON ENERGY CORP Com 25179M103 16,837 283,020 SH   SOLE   206,300 0 76,720
DOW CHEMICAL Com 260543103 9,025 176,374 SH   SOLE   129,045 0 47,329
EMERSON ELEC CO Com 291011104 7,130 128,635 SH   SOLE   94,425 0 34,210
EXELON CORP Com 30161N101 41,972 1,335,839 SH   SOLE   954,875 0 380,964
EXXON MOBIL CORP Com 30231G102 69,655 837,198 SH   SOLE   615,900 0 221,298
FORD MTR CO Com 345370860 8,087 538,800 SH   SOLE   394,600 0 144,200
FREEPORT-MCMORAN INC Com 35671D857 6,211 333,555 SH   SOLE   247,625 0 85,930
GENERAL ELECTRIC Com 369604103 62,806 2,363,805 SH   SOLE   1,726,875 0 636,930
GENERAL MTRS CO Com 37045V100 7,752 232,574 SH   SOLE   174,374 0 58,200
GOLDMAN SACHS GROUP Com 38141G104 5,913 28,320 SH   SOLE   21,185 0 7,135
HALLIBURTON CO Com 406216101 36,268 842,070 SH   SOLE   622,500 0 219,570
HEWLETT PACKARD CO Com 428236103 38,945 1,297,732 SH   SOLE   963,190 0 334,542
INTEL CORP Com 458140100 26,051 856,516 SH   SOLE   633,525 0 222,991
INTERNATIONAL BUSINESS MACHINES Com 459200101 18,886 116,105 SH   SOLE   85,575 0 30,530
ISHARES TR S&P500/VALUE INDEX FUND Com 464287408 679 7,360 SH   SOLE   0 0 7,360
JOHNSON & JOHNSON Com 478160104 54,759 561,860 SH   SOLE   410,360 0 151,500
LILLY ELI & CO Com 532457108 9,713 116,335 SH   SOLE   85,125 0 31,210
LOCKHEED MARTIN CORP Com 539830109 7,643 41,111 SH   SOLE   30,075 0 11,036
MARKEL CORP Com 570535104 208 260 SH   SOLE   260 0 0
MCDONALDS CORP Com 580135101 33,626 353,695 SH   SOLE   261,425 0 92,270
MERCK & CO. INC Com 58933Y105 32,096 563,784 SH   SOLE   411,789 0 151,995
MICROSOFT CORP Com 594918104 30,605 693,213 SH   SOLE   512,775 0 180,438
MONDELEZ INTL INC CL A Com 609207105 19,757 480,230 SH   SOLE   350,500 0 129,730
MORGAN STANLEY Com 617446448 23,946 617,320 SH   SOLE   455,900 0 161,420
NATIONAL OILWELL VARCO Com 637071101 5,948 123,205 SH   SOLE   92,425 0 30,780
NORFOLK SOUTHERN Com 655844108 32,360 370,420 SH   SOLE   270,500 0 99,920
OCCIDENTAL PETE CP Com 674599105 25,553 328,568 SH   SOLE   243,110 0 85,458
ORACLE CORP Com 68389X105 21,376 530,425 SH   SOLE   392,125 0 138,300
PEPSICO INC Com 713448108 8,170 87,525 SH   SOLE   64,825 0 22,700
PFIZER INC Com 717081103 60,316 1,798,856 SH   SOLE   1,314,037 0 484,819
PROCTER & GAMBLE CO Com 742718109 7,074 90,416 SH   SOLE   67,225 0 23,191
RAYTHEON CO Com 755111507 48,830 510,350 SH   SOLE   372,750 0 137,600
SCHLUMBERGER LTD Com 806857108 17,682 205,150 SH   SOLE   149,950 0 55,200
SIMON PPTY GROUP Com 828806109 7,999 46,230 SH   SOLE   34,325 0 11,905
SOUTHERN CO. Com 842587107 6,814 162,634 SH   SOLE   118,325 0 44,309
STANDARD & POOR'S DEPOSITARY RECEIPTS Com 78462F103 676 3,282 SH   SOLE   1,577 0 1,705
TARGET CORP Com 87612E106 48,111 589,380 SH   SOLE   435,700 0 153,680
TIME WARNER INC Com 887317303 22,812 260,980 SH   SOLE   187,750 0 73,230
UNITED TECHNOLOGIES Com 913017109 17,215 155,185 SH   SOLE   113,375 0 41,810
UNITEDHEALTH GROUP INC Com 91324P102 68,979 565,405 SH   SOLE   416,875 0 148,530
US BANCORP Com 902973304 21,900 504,597 SH   SOLE   367,300 0 137,297
VERIZON COMMUNICATIONS Com 92343V104 59,467 1,275,839 SH   SOLE   941,840 0 333,999
WALMART STORES INC Com 931142103 55,830 787,110 SH   SOLE   580,025 0 207,085
WELLS FARGO & CO Com 949746101 43,023 764,985 SH   SOLE   565,075 0 199,910