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
3M CO COM COM 88579Y101 16,446 98,700 SH   SOLE   72,000 0 26,700
ABBVIE INC. COM COM 00287Y109 6,944 121,560 SH   SOLE   87,550 0 34,010
ALLSTATE CORPORATION COM 020002101 64,262 953,873 SH   SOLE   693,600 0 260,273
ALTRIA GROUP INC COM COM 02209S103 4,841 77,260 SH   SOLE   68,570 0 8,690
AMERICAN INTERNATIONAL GROUP COM 026874784 20,355 376,600 SH   SOLE   274,300 0 102,300
AMGEN INC COM COM 031162100 21,522 143,550 SH   SOLE   104,450 0 39,100
AT&T INC COM COM 00206R102 8,461 216,009 SH   SOLE   157,195 0 58,814
BANK NEW YORK MELLON COM COM 064058100 20,823 565,395 SH   SOLE   411,525 0 153,870
BERKSHIRE HATHAWAY INC CL A COM 084670108 427 2 SH   SOLE   2 0 0
BOEING COM 097023105 16,769 132,100 SH   SOLE   95,050 0 37,050
CALIFORNIA RES CORP COM COM 13057Q107 11 10,259 SH   SOLE   7,474 0 2,786
CAPITAL ONE FINL CORP COM COM 14040H105 14,285 206,100 SH   SOLE   150,000 0 56,100
CATERPILLAR INC DEL COM COM 149123101 40,976 535,350 SH   SOLE   397,800 0 137,550
CHEVRON CORP NEW COM COM 166764100 55,158 578,172 SH   SOLE   421,010 0 157,162
CISCO SYS INC COM COM 17275R102 44,417 1,560,150 SH   SOLE   1,136,350 0 423,800
COCA COLA CO COM COM 191216100 8,022 172,920 SH   SOLE   125,850 0 47,070
COMCAST CORP NEW CL A COM 20030N101 5,659 92,650 SH   SOLE   67,450 0 25,200
CONOCOPHILLIPS COM COM 20825C104 6,418 159,367 SH   SOLE   116,000 0 43,367
DEVON ENERGY CORP NEW COM COM 25179M103 12,229 445,670 SH   SOLE   319,750 0 125,920
DOW CHEMICAL COM 260543103 46,931 922,749 SH   SOLE   661,720 0 261,029
EMERSON ELEC CO COM COM 291011104 25,357 466,285 SH   SOLE   339,675 0 126,610
EXELON CORP COM COM 30161N101 77,247 2,154,139 SH   SOLE   1,499,775 0 654,364
EXXON MOBIL CORP. COM 30231G102 70,792 846,898 SH   SOLE   613,750 0 233,148
FORD MTR CO COM 345370860 6,871 508,975 SH   SOLE   365,375 0 143,600
GENERAL DYNAMICS CORP COM COM 369550108 35,365 269,200 SH   SOLE   193,700 0 75,500
GENERAL ELECTRIC COM 369604103 7,344 231,005 SH   SOLE   166,375 0 64,630
GENERAL MTRS CO COM COM 37045V100 11,133 354,224 SH   SOLE   256,024 0 98,200
GILEAD SCIENCES INC COM COM 375558103 21,142 230,150 SH   SOLE   167,550 0 62,600
HALLIBURTON CO COM COM 406216101 15,592 436,520 SH   SOLE   318,050 0 118,470
HONEYWELL INTL INC COM COM 438516106 25,236 225,225 SH   SOLE   163,925 0 61,300
INTEL CORP COM COM 458140100 18,857 582,916 SH   SOLE   424,425 0 158,491
INTERNATIONAL BUSINESS MACHINE COM 459200101 24,505 161,805 SH   SOLE   117,875 0 43,930
ISHARES TR S&P500/VALUE INDEX COM 464287408 760 8,454 SH   SOLE   0 0 8,454
JPMORGAN CHASE & CO. COM 46625H100 20,889 352,730 SH   SOLE   256,830 0 95,900
KINDER MORGAN INC DEL COM COM 49456B101 8,545 478,450 SH   SOLE   342,950 0 135,500
LOCKHEED MARTIN CORP COM COM 539830109 19,540 88,216 SH   SOLE   63,525 0 24,691
MARKEL CORP COM COM 570535104 232 260 SH   SOLE   260 0 0
MCDONALDS CORP COM COM 580135101 7,888 62,760 SH   SOLE   45,750 0 17,010
MERCK & CO. INC. COM 58933Y105 64,486 1,218,784 SH   SOLE   874,789 0 343,995
METLIFE INC COM COM 59156R108 6,765 153,950 SH   SOLE   112,050 0 41,900
MONDELEZ INTL INC CL A COM 609207105 23,335 581,630 SH   SOLE   417,000 0 164,630
NORFOLK SOUTHERN COM 655844108 14,071 169,020 SH   SOLE   121,200 0 47,820
OCCIDENTAL PETE CP DEL COM COM 674599105 7,501 109,618 SH   SOLE   79,860 0 29,758
PFIZER INC COM COM 717081103 52,875 1,783,916 SH   SOLE   1,283,497 0 500,419
PROCTER & GAMBLE CO COM COM 742718109 38,506 467,816 SH   SOLE   340,825 0 126,991
QUALCOMM INC COM COM 747525103 7,612 148,850 SH   SOLE   108,350 0 40,500
RAYTHEON CO COM NEW COM 755111507 25,915 211,325 SH   SOLE   152,025 0 59,300
SIMON PPTY GROUP NEW COM COM 828806109 7,982 38,430 SH   SOLE   28,025 0 10,405
SOUTHERN CO. COM 842587107 28,730 555,384 SH   SOLE   395,575 0 159,809
STANDARD & POOR'S DEPOSITARY R COM 78462F103 675 3,282 SH   SOLE   1,577 0 1,705
TARGET CORP COM COM 87612E106 58,847 715,210 SH   SOLE   520,550 0 194,660
UNION PAC CORP COM COM 907818108 15,118 190,050 SH   SOLE   138,350 0 51,700
UNITED PARCEL SERVICE CL B COM 911312106 8,142 77,200 SH   SOLE   56,250 0 20,950
UNITED TECHNOLOGIES COM 913017109 14,973 149,585 SH   SOLE   107,675 0 41,910
UNITEDHEALTH GROUP INC COM 91324P102 64,855 503,143 SH   SOLE   365,775 0 137,368
US BANCORP DEL COM NEW COM 902973304 13,512 332,897 SH   SOLE   238,100 0 94,797
VERIZON COMMUNICATIONS COM COM 92343V104 81,175 1,501,014 SH   SOLE   1,085,575 0 415,439
WALMART STORES INC COM 931142103 75,819 1,107,007 SH   SOLE   801,875 0 305,132
WELLS FARGO & CO NEW COM 949746101 33,941 701,835 SH   SOLE   511,125 0 190,710