0001062842-12-000002.txt : 20120215
0001062842-12-000002.hdr.sgml : 20120215
20120215130527
ACCESSION NUMBER: 0001062842-12-000002
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120215
DATE AS OF CHANGE: 20120215
EFFECTIVENESS DATE: 20120215
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: BOSTON ADVISORS LLC
CENTRAL INDEX KEY: 0001062842
IRS NUMBER: 841699991
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-07196
FILM NUMBER: 12615169
BUSINESS ADDRESS:
STREET 1: ONE LIBERTY SQUARE
STREET 2: 10TH FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02109
BUSINESS PHONE: 6173483100
MAIL ADDRESS:
STREET 1: ONE LIBERTY SQUARE
STREET 2: 10TH FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02109
FORMER COMPANY:
FORMER CONFORMED NAME: BOSTON ADVISORS INC
DATE OF NAME CHANGE: 19990317
13F-HR
1
c13f1211.txt
BOSTON ADVISORS, LLC 13F REPORT 12/31/2011
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Dec 31, 2011
Check here if Amendment [ ]; Amendment Number:
This Amendment: [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BOSTON ADVISORS,LLC
Address: ONE LIBERTY SQUARE
10TH FLOOR
BOSTON, MA. 02109
Form 13F File Number: 28-7196
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: Tanya A. Kerrigan
Title: Chief Compliance Officer
Phone: 617-348-3131
Signature, Place, and Date of Signing:
TANYA KERRIGAN BOSTON, MASSACHUSETTS 12/31/11
------------------------------ -------------------- --------
Signature City, State Date
Report Type:
[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: 529
Form 13F Information Table Value Total: $1,575,020
List of Other Included Managers:
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AKBANK T.A.S. (ADS) ADR 009719501 103 16141 SH Sole 4242 11899
ANGLO AMERICAN PLC ADR ADR 03485P201 1458 78860 SH Sole 7290 71570
ANHEUSER BUSCH COS INC COM ADR 03524A108 1726 28296 SH Sole 8100 20196
ASTRAZENECA PLC SPONSORED ADR ADR 046353108 807 17443 SH Sole 1014 16429
BAE SYS PLC SPONSORED ADR ADR 05523R107 625 35290 SH Sole 9570 25720
BAIDU COM INC SPON ADR REP A ADR 056752108 608 5220 SH Sole 5220
BHP BILLITON LTD SPONSORED ADR ADR 088606108 300 4250 SH Sole 4250
BP PLC SPONSORED ADR ADR 055622104 950 22239 SH Sole 44 22194
CANON INC ADR ADR 138006309 206 4667 SH Sole 4500 167
CHALLENGER FINL SVCS GROUP LTD ADR 15758Q104 205 4830 SH Sole 1265 3565
CNOOC LTD SPONSORED ADR ADR 126132109 3280 18780 SH Sole 480 18300
COMPANHIA DE SANEAMENTO BASICO ADR 20441A102 2881 51762 SH Sole 10648 41114
DIAGEO P L C SPON ADR NEW ADR 25243Q205 249 2850 SH Sole 200 2650
FRED OLSEN ENERGY ASA ADR ADR 355613209 181 26801 SH Sole 7059 19742
FUJI HEAVY INDUSTRIES LTD. ADR 359556206 166 13760 SH Sole 3620 10140
GAZPROM O A O SPON ADR ADR 368287207 128 11990 SH Sole 3125 8865
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 861 18874 SH Sole 2260 16614
GRUPO MODELO S.A.B. DE C.V. ADR 40051F100 216 3426 SH Sole 920 2506
HONDA MOTOR LTD AMERN SHS ADR 438128308 303 9920 SH Sole 4350 5570
INVESTEC LTD ADR ADR 46131U108 123 11281 SH Sole 2970 8311
ITOCHU CORP ADR ADR 465717106 214 10548 SH Sole 2777 7771
ITV PLC ADR ADR 45069P107 152 14328 SH Sole 3777 10551
KAZAKHMYS ADR ADR 48667P107 74 10237 SH Sole 2699 7538
KONINKLIJKE AHOLD N V SPON ADR ADR 500467402 166 12283 SH Sole 3188 9095
MARKS & SPENCER GROUP PLC SPON ADR 570912105 151 15581 SH Sole 4107 11474
MITSUI & CO LTD ADR ADR 606827202 258 830 SH Sole 218 612
NATIONAL GRID TRANSCO SPONSORE ADR 636274300 381 7862 SH Sole 683 7179
NOKIA CORP SPONSORED ADR ADR 654902204 7407 1536685 SH Sole 179399 1357286
PARTNER COMMUNICATIONS CO LTD ADR 70211M109 2817 318700 SH Sole 35130 283570
PETROBRAS ARGENTINA SA ADR 71646J109 5321 421600 SH Sole 43200 378400
ROYAL DUTCH SHELL PLC SPON ADR ADR 780259107 205 2693 SH Sole 709 1984
ROYAL DUTCH SHELL PLC SPONS AD ADR 780259206 3153 43144 SH Sole 6500 36644
SAGE GROUP PLC ADR 78663s102 191 10462 SH Sole 2754 7708
SANOFI ADR 80105N105 271 7416 SH Sole 1650 5766
SAP AKTIENGESELLSCHAFT SPONSOR ADR 803054204 4742 89555 SH Sole 7550 82005
SCOR SPONSORED ADR ADR 80917Q106 117 49859 SH Sole 13126 36733
STATOIL ASA SPONSORED ADR ADR 85771P102 9191 358880 SH Sole 19020 339860
SUMITOMO CORP ADR 865613103 209 15456 SH Sole 4069 11387
SUMITOMO MITSUI FINANCIAL GROU ADR 86562M209 133 24091 SH Sole 6259 17832
TATA MTRS LTD SPONSORED ADR ADR 876568502 4011 237320 SH Sole 25994 211326
TATE & LYLE PLC SPONSORED ADR ADR 876570607 207 4716 SH Sole 1248 3468
TELECOM CORP NEW ZEALAND LTD S ADR 879278208 199 24900 SH Sole 6600 18300
TELEFONICA BRASIL, S.A. ADR ADR 87936R106 1177 43081 SH Sole 12000 31081
TEVA PHARMACEUTICAL INDS LTD A ADR 881624209 1129 27981 SH Sole 1200 26781
UNILEVER N V N Y SHS NEW ADR 904784709 371 10790 SH Sole 10790
VOESTALPINE AG ADR 928578103 105 18712 SH Sole 4932 13780
XSTRATA PLC ADR ADR 98418K105 106 34826 SH Sole 9210 25616
ABERDEEN ASIA PACIFIC INCOM FD CLOSENDFND 003009107 231 31567 SH Sole 31567
BLACKROCK NJ MUNICIPAL BOND TR CLOSENDFND 09249A109 472 30800 SH Sole 30800
EMERGING MARKETS INCOME FUND ( CLOSENDFND 95766E103 1334 99511 SH Sole 40717 58794
NUVEEN DIVID ADVNT MUN COM CLOSENDFND 67066V101 344 23625 SH Sole 23625
STRATEGIC HIGH INCOME FUND II CLOSENDFND 337353304 1016 66506 SH Sole 30649 35857
1/100 BERKSHIRE HTWY CLA100 SH COM 084990175 230 200 SH Sole 200
3M CO COM COM 88579Y101 689 8433 SH Sole 8433
AARONS INC COM COM 002535300 530 19852 SH Sole 8682 11170
ABBOTT LABS COM COM 002824100 22726 404160 SH Sole 74171 329989
ACCENTURE PLC IRELAND SHS CLAS COM G1151C101 5470 102767 SH Sole 36738 66029
ACE LTD SHS COM H0023R105 2416 34450 SH Sole 100 34350
AES CORP COM COM 00130H105 357 30190 SH Sole 12150 18040
AFLAC INC COM COM 001055102 1195 27632 SH Sole 300 27332
AGCO CORP COM COM 001084102 320 7450 SH Sole 400 7050
AGRIUM INC COM COM 008916108 311 4630 SH Sole 4630
ALAMO GROUP INC COM COM 011311107 363 13462 SH Sole 5892 7570
ALASKA AIR GROUP INC COM COM 011659109 788 10490 SH Sole 7290 3200
ALLEGHENY TECHNOLOGIES COM COM 01741R102 275 5750 SH Sole 5750
ALLIANCE DATA SYSTEMS CORP COM COM 018581108 894 8610 SH Sole 5910 2700
ALLIANT ENERGY CORP COM COM 018802108 6486 147050 SH Sole 15450 131600
ALLIED WRLD ASSUR COM HLDG LTD COM H01531104 4531 72000 SH Sole 3400 68600
ALLSCRIPTS HEALTHCARE SOLUTION COM 01988P108 304 16038 SH Sole 16038
ALLSTATE CORP COM COM 020002101 4454 162500 SH Sole 21700 140800
ALTRIA GROUP INC COM COM 02209S103 708 23878 SH Sole 23878
AMEDISYS INC COM COM 023436108 189 17300 SH Sole 800 16500
AMERICAN AXLE & MFG HLDGS INC COM 024061103 387 39141 SH Sole 19201 19940
AMERICAN ELEC PWR INC COM COM 025537101 588 14238 SH Sole 5700 8538
AMERICAN GREETINGS CP CL A COM 026375105 221 17626 SH Sole 8026 9600
AMERICAN WTR WKS INC COM COM 030420103 9050 284050 SH Sole 30750 253300
AMERIPRISE FINL INC COM COM 03076C106 11073 223065 SH Sole 30070 192995
AMERISOURCEBERGEN CORP COM COM 03073E105 12290 330455 SH Sole 73770 256685
AMGEN INC COM COM 031162100 1258 19585 SH Sole 5850 13735
AMSURG CORP COM COM 03232P405 438 16806 SH Sole 2776 14030
ANNALY CAP MGMT INC COM COM 035710409 10527 659558 SH Sole 101945 557613
APACHE CORP COM COM 037411105 1991 21979 SH Sole 6270 15709
APARTMENT INVT & MGMT CO CL A COM 03748R101 786 34297 SH Sole 33030 1267
APOLLO GROUP INC CL A COM 037604105 350 6500 SH Sole 2400 4100
APPLE INC COM COM 037833100 10914 26948 SH Sole 9539 17409
APPLIED MATLS INC COM COM 038222105 4127 385300 SH Sole 19300 366000
ARCHER DANIELS MIDLAND CO COM COM 039483102 426 14879 SH Sole 14879
ARRIS GROUP INC COM COM 04269Q100 335 30934 SH Sole 16474 14460
ARTHROCARE CORP COM COM 043136100 617 19481 SH Sole 8751 10730
ASCENA RETAIL GROUP INC COM COM 04351G101 496 16693 SH Sole 7253 9440
ASPEN INS HLDGS LTD SHS COM G05384105 6368 240300 SH Sole 26000 214300
AT&T INC COM COM 00206R102 14855 491227 SH Sole 50000 441227
ATMOS ENERGY CORPORATION COM 049560105 1200 35985 SH Sole 13040 22945
AUTOMATIC DATA PROCESSING INC COM 053015103 907 16801 SH Sole 16801
AUTOZONE INC COM COM 053332102 1138 3502 SH Sole 140 3362
AVALONBAY CMNTYS INC COM COM 053484101 2538 19435 SH Sole 3000 16435
AVISTA CORP COM COM 05379B107 672 26113 SH Sole 11643 14470
AXIS CAPITAL HOLDINGS SHS COM G0692U109 392 12280 SH Sole 6490 5790
BANK OF AMERICA CORPORATION CO COM 060505104 4369 785826 SH Sole 79900 705926
BARD C R INC COM COM 067383109 247 2889 SH Sole 74 2816
BARRICK GOLD CORP COM COM 067901108 976 21570 SH Sole 10141 11429
BB&T CORP COM COM 054937107 260 10332 SH Sole 10332
BECTON DICKINSON & CO COM COM 075887109 218 2912 SH Sole 2912
BED BATH & BEYOND INC COM COM 075896100 1524 26295 SH Sole 11250 15045
BERKSHIRE HATHAWAY INC DEL CL COM 084670702 1923 25198 SH Sole 7507 17691
BERRY PETE CO CL A COM 085789105 541 12876 SH Sole 4951 7925
BIOGEN IDEC INC COM COM 09062X103 4742 43093 SH Sole 12991 30102
BMC SOFTWARE INC COM COM 055921100 457 13935 SH Sole 8620 5315
BOEING CO COM COM 097023105 358 4882 SH Sole 4882
BOSTON PROPERTIES INC COM COM 101121101 518 5200 SH Sole 5200
BRINKER INTL INC COM COM 109641100 11490 429376 SH Sole 86225 343151
BRINKS CO COM COM 109696104 673 25035 SH Sole 14960 10075
BRISTOL MYERS SQUIBB CO COM COM 110122108 30083 853652 SH Sole 55030 798622
BROOKLINE BANCORP INC DEL COM COM 11373M107 962 114016 SH Sole 114016
BRUKER CORP COM COM 116794108 312 25110 SH Sole 2990 22120
BUCKEYE TECHNOLOGIES INC COM COM 118255108 695 20790 SH Sole 9020 11770
CABLEVISION SYS CORP CL A COM 12686C109 294 20700 SH Sole 20700
CABOT CORP COM COM 127055101 331 10300 SH Sole 7900 2400
CACI INTL INC CL A COM 127190304 266 4750 SH Sole 670 4080
CALLON PETE CO DEL COM COM 13123X102 247 49712 SH Sole 30002 19710
CAMPBELL SOUP CO COM COM 134429109 491 14775 SH Sole 14775
CANADIAN IMPERIAL BANK OF COMM COM 136069101 1566 21638 SH Sole 530 21108
CAPITAL ONE FINL CORP COM COM 14040H105 937 22166 SH Sole 12316 9850
CARDINAL HEALTH INC COM COM 14149Y108 10924 269007 SH Sole 13014 255993
CARDTRONICS INC COM COM 14161H108 1168 43171 SH Sole 24631 18540
CASH AMER INTL INC COM COM 14754D100 1987 42605 SH Sole 8310 34295
CATERPILLAR INC DEL COM COM 149123101 13507 149088 SH Sole 34696 114392
CBL & ASSOC PPTYS INC COM COM 124830100 4383 279164 SH Sole 32000 247164
CEDAR FAIR L P DEPOSITRY UNIT COM 150185106 2685 124870 SH Sole 14715 110155
CELGENE CORP COM COM 151020104 3413 50490 SH Sole 10950 39540
CENTENE CORP COM 15135B101 454 11471 SH Sole 1911 9560
CENTURYLINK INC COM 156700106 442 11895 SH Sole 11895
CERNER CORP COM COM 156782104 346 5650 SH Sole 800 4850
CF INDS HLDGS INC COM COM 125269100 717 4947 SH Sole 1929 3018
CHARLES RIV LABS INTL INC COM COM 159864107 236 8620 SH Sole 8620
CHECK POINT SOFTWARE TECH LTD COM M22465104 1639 31187 SH Sole 1800 29387
CHEMICAL FINL CORP COM COM 163731102 429 20122 SH Sole 20122
CHEVRON CORP NEW COM COM 166764100 61011 573411 SH Sole 76937 496474
CHICOS FAS INC COM COM 168615102 439 39390 SH Sole 39390
CHUBB CORP COM COM 171232101 429 6201 SH Sole 6201
CHURCH & DWIGHT INC COM COM 171340102 1506 32910 SH Sole 32910
CIGNA CORP COM COM 125509109 564 13440 SH Sole 4400 9040
CINEMARK HOLDINGS INC COM COM 17243V102 5830 315300 SH Sole 34200 281100
CISCO SYS INC COM COM 17275R102 35350 1955194 SH Sole 302518 1652676
CITIGROUP INC COM COM 172967424 5420 206004 SH Sole 27980 178024
CITRIX SYS INC COM COM 177376100 2201 36255 SH Sole 6000 30255
CLEAN HARBORS INC COM COM 184496107 795 12470 SH Sole 8670 3800
CLECO CORP NEW COM COM 12561W105 620 16260 SH Sole 16260
CLIFFS NATURAL RESOURCES, INC. COM 18683K101 962 15424 SH Sole 3610 11814
CLOROX CO DEL COM COM 189054109 679 10201 SH Sole 100 10101
CLOUD PEAK ENERGY INC COM COM 18911Q102 446 23066 SH Sole 10936 12130
CMS ENERGY CORP COM COM 125896100 24249 1098238 SH Sole 136604 961634
COACH INC COM COM 189754104 1605 26290 SH Sole 10800 15490
COCA COLA CO COM COM 191216100 3274 46786 SH Sole 15700 31086
COCA COLA ENTERPRISES INC COM COM 19122T109 9053 351151 SH Sole 55660 295491
COGENT COMM GROUP INC COM NEW COM 19239V302 562 33251 SH Sole 14761 18490
COLGATE PALMOLIVE CO COM COM 194162103 1159 12545 SH Sole 12545
COMCAST CORP NEW CL A COM 20030N101 1469 61953 SH Sole 36400 25553
CONAGRA FOODS INC COM COM 205887102 22816 864225 SH Sole 126841 737384
CONNS INC COM COM 208242107 476 42878 SH Sole 19478 23400
CONOCOPHILLIPS COM COM 20825C104 30313 415991 SH Sole 64163 351828
CONSTELLATION BRANDS INC CL A COM 21036P108 738 35709 SH Sole 6068 29641
CORE LABORATORIES N V COM COM N22717107 639 5610 SH Sole 1520 4090
CORN PRODS INTL INC COM COM 219023108 882 16778 SH Sole 10700 6078
COSAN LTD SHS A COM G25343107 281 25600 SH Sole 25600
COSTCO WHSL CORP NEW COM COM 22160K105 227 2725 SH Sole 2725
CSX CORP COM COM 126408103 8090 384159 SH Sole 80850 303309
CUBIST PHARMACEUTICALS COM COM 229678107 678 17111 SH Sole 7635 9476
CULLEN FROST BANKERS INC COM COM 229899109 1092 20635 SH Sole 100 20535
CVR ENERGY INC COM COM 12662P108 408 21767 SH Sole 10407 11360
CVS CAREMARK CORPORATION COM COM 126650100 11922 292342 SH Sole 57560 234782
DANAHER CORP DEL COM COM 235851102 894 19000 SH Sole 1000 18000
DARDEN RESTAURANTS INC COM COM 237194105 8758 192151 SH Sole 33200 158951
DELL INC COM COM 24702R101 251 17184 SH Sole 2153 15031
DELUXE CORP COM COM 248019101 462 20303 SH Sole 9553 10750
DEVON ENERGY CORP NEW COM COM 25179M103 1181 19044 SH Sole 11000 8044
DIGITAL RLTY TR INC COM COM 253868103 887 13300 SH Sole 8300 5000
DINEEQUITY INC COM COM 254423106 448 10615 SH Sole 4675 5940
DIRECTV CLASS A COM 25490a101 2070 48421 SH Sole 23366 25055
DISCOVER FINL SVCS COM COM 254709108 9433 393060 SH Sole 32100 360960
DISNEY WALT CO COM DISNEY COM 254687106 884 23579 SH Sole 224 23355
DOMINION RES INC VA NEW COM COM 25746U109 237 4462 SH Sole 4462
DOMTAR CORP COM COM 257559203 423 5295 SH Sole 5295
DOVER CORP COM COM 260003108 1164 20050 SH Sole 400 19650
DOW CHEM CO COM COM 260543103 3191 110955 SH Sole 110955
DR PEPPER SNAPPLE GROUP INC CO COM 26138E109 5132 129985 SH Sole 47529 82456
DTE ENERGY CO COM COM 233331107 6537 120051 SH Sole 11600 108451
DU PONT E I DE NEMOURS & CO CO COM 263534109 902 19697 SH Sole 19697
DUKE ENERGY CORP NEW COM COM 26441C105 1581 71870 SH Sole 34 71837
E M C CORP MASS COM COM 268648102 1147 53241 SH Sole 53241
EASTMAN CHEM CO COM COM 277432100 12160 311324 SH Sole 39640 271684
ECOLAB INC COM COM 278865100 1237 21400 SH Sole 12900 8500
ELECTRO RENT CORP COM COM 285218103 571 33319 SH Sole 15169 18150
ELECTRONIC ARTS INC COM COM 285512109 544 26400 SH Sole 11400 15000
EMCOR GROUP INC COM COM 29084Q100 385 14371 SH Sole 6571 7800
EMERSON ELEC CO COM COM 291011104 1136 24386 SH Sole 69 24317
ENDURANCE SPECIALTY HLDGS LTD COM G30397106 8577 224240 SH Sole 27190 197050
ENERSYS COM COM 29275Y102 304 11690 SH Sole 5700 5990
ENPRO INDS INC COM COM 29355X107 447 13544 SH Sole 5744 7800
EQUIFAX INC COM COM 294429105 547 14125 SH Sole 14125
EQUITY LIFESTYLE PPTYS INC COM COM 29472R108 646 9681 SH Sole 4211 5470
EXPRESS SCRIPTS INC COM COM 302182100 705 15785 SH Sole 15785
EXTRA SPACE STORAGE INC COM COM 30225T102 778 32128 SH Sole 13208 18920
EXXON MOBIL CORP COM COM 30231G102 26552 313256 SH Sole 76474 236783
EZCORP INC CL A NON VTG COM 302301106 803 30459 SH Sole 17040 13419
FAMILY DLR STORES INC COM COM 307000109 692 12010 SH Sole 4525 7485
FEDERAL REALTY INVT TR SH BEN COM 313747206 621 6839 SH Sole 6839
FEDERAL SIGNAL CORP COM COM 313855108 43 10273 SH Sole 1309 8964
FEDEX CORP COM COM 31428X106 223 2665 SH Sole 2665
FERRO CORP COM COM 315405100 151 30814 SH Sole 15494 15320
FIDELITY NATL INFORMATION SVCS COM 31620M106 200 7529 SH Sole 7529
FIRST FINL BANCORP COM COM 320209109 504 30284 SH Sole 13654 16630
FIRST FINL BANKSHARES COM COM 32020R109 394 11799 SH Sole 5172 6627
FISERV INC COM COM 337738108 219 3720 SH Sole 3720
FLAGSTONE REINSURANCE HLDGS SA COM L3466T104 442 53319 SH Sole 26229 27090
FLUOR CORP NEW COM COM 343412102 629 12526 SH Sole 2256 10270
FOOT LOCKER INC COM COM 344849104 19729 827568 SH Sole 89850 737718
FORD MTR CO DEL COM PAR $0.01 COM 345370860 4282 397990 SH Sole 108625 289365
FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 1248 33910 SH Sole 19840 14070
FRESH DEL MONTE PRODUCE INC OR COM G36738105 740 29600 SH Sole 15000 14600
GENERAL COMMUNICATION INC CL A COM 369385109 381 38960 SH Sole 18810 20150
GENERAL ELECTRIC CO COM COM 369604103 33517 1871419 SH Sole 95913 1775506
GENERAL MLS INC COM COM 370334104 1400 34645 SH Sole 4200 30445
GENUINE PARTS CO COM COM 372460105 303 4953 SH Sole 4953
GILEAD SCIENCES INC COM COM 375558103 6235 152341 SH Sole 43047 109294
GOLDMAN SACHS GROUP INC COM COM 38141G104 2697 29820 SH Sole 3150 26670
GOOGLE INC CL A COM 38259P508 3953 6120 SH Sole 4010 2110
GOVERNMENT PPTYS INCOME TR COM COM 38376A103 415 18410 SH Sole 18410
HAIN CELESTIAL GRP INC COM COM 405217100 271 7400 SH Sole 150 7250
HARSCO CORP COM COM 415864107 7257 352600 SH Sole 44500 308100
HARTFORD FINL SVCS GROUP INC C COM 416515104 5968 367290 SH Sole 43320 323970
HCP INC COM COM 40414L109 401 9673 SH Sole 9673
HEALTH CARE REIT INC COM COM 42217K106 239 4375 SH Sole 4375
HEINZ H J CO COM COM 423074103 567 10499 SH Sole 10499
HELIX ENERGY SOLUTIONS GRP INC COM 42330P107 833 52691 SH Sole 36091 16600
HELMERICH & PAYNE INC COM COM 423452101 814 13956 SH Sole 6520 7436
HERSHEY CO COM COM 427866108 699 11311 SH Sole 3638 7673
HEWLETT PACKARD CO COM COM 428236103 1084 42062 SH Sole 42062
HOLOGIC INC COM COM 436440101 615 35100 SH Sole 35100
HOME PROPERTIES INC COM 437306103 615 10674 SH Sole 4684 5990
HONEYWELL INTL INC COM COM 438516106 1226 22562 SH Sole 13060 9502
HUMANA INC COM COM 444859102 2830 32302 SH Sole 7135 25167
HUNTSMAN CORP COM 447011107 6077 607653 SH Sole 87150 520503
HURON CONSULTING GROUP COM COM 447462102 646 16667 SH Sole 7377 9290
IAC INTERACTIVECORP COM NEW COM 44919P508 1341 31490 SH Sole 20790 10700
ICONIX BRAND GROUP INC COM COM 451055107 452 27727 SH Sole 19237 8490
IGATE CORP COM COM 45169U105 434 27588 SH Sole 12008 15580
ILLINOIS TOOL WKS INC COM COM 452308109 237 5068 SH Sole 400 4668
INFOSPACE INC COM NEW COM 45678T300 608 55311 SH Sole 24441 30870
INNOPHOS HOLDINGS INC COM COM 45774N108 694 14299 SH Sole 6099 8200
INTEGRYS ENERGY GROUP INC COM COM 45822P105 266 4909 SH Sole 4909
INTEL CORP COM COM 458140100 12427 512437 SH Sole 86033 426404
INTERACTIVE BROKERS GROUP INC COM 45841N107 4238 283650 SH Sole 30750 252900
INTERNATIONAL BUSINESS MACHS C COM 459200101 28371 154293 SH Sole 36354 117939
INTERNATIONAL GAME TECHNOLOGY COM 459902102 249 14500 SH Sole 5500 9000
INTUIT COM COM 461202103 1920 36500 SH Sole 10400 26100
ITT CORP NEW COM COM 450911201 686 35507 SH Sole 21600 13907
J2 GLOBAL INC COM 48123V102 440 15640 SH Sole 7480 8160
JACOBS ENGR GROUP INC DEL COM COM 469814107 264 6500 SH Sole 6500
JOHNSON & JOHNSON COM COM 478160104 14345 218744 SH Sole 13389 205356
JOHNSON CTLS INC COM COM 478366107 267 8550 SH Sole 8550
JPMORGAN CHASE & CO COM COM 46625H100 32549 978903 SH Sole 99942 878961
KBR INC COM COM 48242W106 796 28550 SH Sole 20050 8500
KEYCORP NEW COM COM 493267108 9206 1197174 SH Sole 145570 1051604
KIMBERLY CLARK CORP COM COM 494368103 3936 53508 SH Sole 5700 47808
KINDRED HEALTHCARE INC COM COM 494580103 307 26090 SH Sole 18690 7400
KRAFT FOODS INC CL A COM 50075N104 1320 35341 SH Sole 6116 29225
KROGER CO COM COM 501044101 320 13200 SH Sole 6000 7200
KRONOS WORLDWIDE INC COM COM 50105F105 3063 169790 SH Sole 23340 146450
KULICKE & SOFFA INDS INC COM COM 501242101 533 57674 SH Sole 25544 32130
L-3 COMMUNICATIONS HLDGS INC C COM 502424104 1676 25131 SH Sole 4170 20961
LABORATORY CORP AMER HLDGS COM COM 50540R409 1394 16214 SH Sole 600 15614
LANCASTER COLONY CORP COM COM 513847103 431 6215 SH Sole 1325 4890
LATTICE SEMICONDUCTOR CORP COM COM 518415104 495 83349 SH Sole 36919 46430
LAZARD LTD SHS A COM G54050102 1895 72577 SH Sole 18225 54352
LENDER PROCESSING SVCS INC COM COM 52602E102 4034 267676 SH Sole 38670 229006
LIBERTY MEDIA CORP NEW CAP COM COM 530322106 788 10100 SH Sole 6400 3700
LIFE TECHNOLOGIES CORP COM COM 53217V109 519 13350 SH Sole 13350
LILLY ELI & CO COM COM 532457108 14187 341366 SH Sole 21097 320269
LINCARE HLDGS INC COM COM 532791100 289 11250 SH Sole 200 11050
LINCOLN NATL CORP IND COM COM 534187109 743 38254 SH Sole 10439 27815
LOWES COS INC COM COM 548661107 6693 263700 SH Sole 28900 234800
LPL INVT HLDGS INC COM COM 50213H100 263 8620 SH Sole 8620
LSI CORPORATION COM COM 502161102 394 66290 SH Sole 45790 20500
LTC PPTYS INC COM COM 502175102 476 15414 SH Sole 6714 8700
MACYS INC COM COM 55616P104 782 24300 SH Sole 10400 13900
MADDEN STEVEN LTD COM COM 556269108 532 15423 SH Sole 6741 8682
MAGELLAN HEALTH SVCS COM NEW COM 559079207 626 12664 SH Sole 5424 7240
MARATHON OIL CORP COM COM 565849106 1181 40356 SH Sole 6390 33966
MARATHON PETE CORP COM COM 56585a102 1146 34439 SH Sole 8587 25852
MASTEC INC COM COM 576323109 504 29008 SH Sole 13628 15380
MASTERCARD INC CL A COM 57636Q104 3432 9205 SH Sole 4774 4431
MATTEL INC COM COM 577081102 3249 117042 SH Sole 23200 93842
MCDONALDS CORP COM COM 580135101 2470 24620 SH Sole 6770 17850
MCKESSON CORP COM COM 58155Q103 3606 46284 SH Sole 37109 9175
MEDCO HEALTH SOLUTIONS INC COM COM 58405U102 236 4222 SH Sole 7 4215
MERCK & CO INC NEW COM COM 58933Y105 10603 281257 SH Sole 18230 263027
MICREL INC COM COM 594793101 384 38028 SH Sole 15438 22590
MICROSOFT CORP COM COM 594918104 29688 1143615 SH Sole 243062 900553
MOLSON COORS BREWING CO CL B COM 60871R209 620 14233 SH Sole 14233
MONSANTO CO NEW COM COM 61166W101 1516 21636 SH Sole 12830 8806
MONTPELIER RE HOLDINGS SHS COM G62185106 473 26648 SH Sole 12278 14370
MOODYS CORP COM COM 615369105 213 6310 SH Sole 6310
MOTOROLA SYSTEMS, INC. COM 620076307 937 20244 SH Sole 11950 8294
MUELLER WTR PRODS INC COM SER COM 624758108 359 147315 SH Sole 66455 80860
MURPHY OIL CORP COM COM 626717102 8372 150205 SH Sole 21430 128775
MYLAN INC COM COM 628530107 4306 200640 SH Sole 37900 162740
NANOMETRICS INC COM COM 630077105 486 26363 SH Sole 11863 14500
NASDAQ OMX GROUP INC COM COM 631103108 284 11575 SH Sole 11575
NATIONAL OILWELL VARCO INC COM COM 637071101 1119 16460 SH Sole 8220 8240
NATIONAL RETAIL PROPERTIES INC COM 637417106 619 23478 SH Sole 10298 13180
NAVISTAR INTL CORP NEW COM COM 63934E108 250 6590 SH Sole 6590
NETSCOUT SYS INC COM COM 64115T104 366 20823 SH Sole 9113 11710
NEWMARKET CORP COM COM 651587107 766 3867 SH Sole 2567 1300
NEWPORT CORP COM COM 651824104 431 31702 SH Sole 14312 17390
NEWS CORP CL A COM 65248E104 6834 383049 SH Sole 63516 319533
NEXTERA ENERGY INC COM COM 65339F101 608 9989 SH Sole 445 9544
NIKE INC CL B COM 654106103 231 2398 SH Sole 22 2376
NISOURCE INC COM COM 65473P105 438 18390 SH Sole 18390
NOBLE CORPORATION SHS COM H5833N103 358 11856 SH Sole 100 11756
NORDSTROM INC COM COM 655664100 1167 23468 SH Sole 14260 9208
NORFOLK SOUTHERN CORP COM COM 655844108 6867 94248 SH Sole 11555 82693
NORTHROP GRUMMAN CORP COM COM 666807102 16461 281481 SH Sole 44208 237273
NORTHWESTERN CORP COM NEW COM 668074305 671 18740 SH Sole 8484 10256
NU SKIN ENTERPRISES INC CL A COM 67018T105 7107 146319 SH Sole 35844 110475
NV ENERGY INC. COM 67073Y106 232 14200 SH Sole 7100 7100
NYSE EURONEXT COM COM 629491101 3330 127571 SH Sole 14000 113571
O REILLY AUTOMOTIVE INC COM COM 67103H107 1149 14375 SH Sole 900 13475
OCCIDENTAL PETE CORP DEL COM COM 674599105 1793 19133 SH Sole 8525 10608
OLD REP INTL CORP COM COM 680223104 537 57950 SH Sole 20200 37750
OMEGA PROTEIN CORP COM COM 68210P107 235 32969 SH Sole 15639 17330
ONEOK INC NEW COM COM 682680103 314 3625 SH Sole 3625
ONYX PHARMACEUTICALS COM COM 683399109 248 5652 SH Sole 5652
OPEN TEXT CORP COM COM 683715106 244 4767 SH Sole 150 4617
ORACLE CORP COM COM 68389X105 7199 280645 SH Sole 100717 179928
ORITANI FINL CORP COM COM 68633D103 490 38374 SH Sole 16784 21590
ORTHOFIX INTL N V COM COM N6748L102 344 9769 SH Sole 6569 3200
PANERA BREAD CO CL A COM 69840W108 985 6965 SH Sole 6965
PAR PHARMACEUTICAL COS INC COM COM 69888P106 478 14612 SH Sole 6142 8470
PENN NATL GAMING INC COM COM 707569109 424 11140 SH Sole 11140
PEPSICO INC COM COM 713448108 5379 81076 SH Sole 22233 58843
PERKINELMER INC COM COM 714046109 1874 93712 SH Sole 93712
PERRIGO CO COM COM 714290103 530 5450 SH Sole 5450
PFIZER INC COM COM 717081103 11517 532224 SH Sole 37652 494571
PG&E CORP COM COM 69331C108 358 8685 SH Sole 3900 4785
PHILIP MORRIS INTL INC COM COM 718172109 1602 20416 SH Sole 20416
PIER 1 IMPORTS INC COM COM 720279108 645 46296 SH Sole 21176 25120
PITNEY BOWES INC COM COM 724479100 9462 510340 SH Sole 60100 450240
PNC FINL SVCS GROUP INC COM COM 693475105 12416 215296 SH Sole 27090 188206
PNM RES INC COM COM 69349H107 534 29319 SH Sole 13279 16040
POLARIS INDS INC COM COM 731068102 15366 274491 SH Sole 51225 223266
PORTFOLIO RECOVERY ASSOCS INC COM 73640Q105 1382 20475 SH Sole 7200 13275
PORTLAND GEN ELEC CO COM NEW COM 736508847 8710 344395 SH Sole 35930 308465
POST PPTYS INC COM COM 737464107 676 15454 SH Sole 6854 8600
PRICELINE COM INC COM NEW COM 741503403 561 1200 SH Sole 1200
PROCTER & GAMBLE CO COM COM 742718109 14337 214908 SH Sole 24705 190203
PROGRESS ENERGY INC COM COM 743263105 1570 28021 SH Sole 21 28000
PROVIDENT ENERGY TRUST UNIT COM 74386V100 6111 630605 SH Sole 87000 543605
PRUDENTIAL FINL INC COM COM 744320102 7053 140722 SH Sole 14850 125872
PUBLIC STORAGE COM COM 74460D109 8377 62300 SH Sole 3900 58400
PUBLIC SVC ENTERPRISE GROUP CO COM 744573106 478 14478 SH Sole 5727 8751
PVH CORP COM 693656100 557 7900 SH Sole 3500 4400
QLOGIC CORP COM COM 747277101 775 51674 SH Sole 34274 17400
RACKSPACE HOSTING INC COM COM 750086100 336 7815 SH Sole 7815
RALCORP HLDGS INC NEW COM COM 751028101 2214 25900 SH Sole 8940 16960
RAYMOND JAMES FINANCIAL INC CO COM 754730109 7107 229560 SH Sole 33800 195760
RAYTHEON CO COM NEW COM 755111507 1082 22357 SH Sole 3000 19357
REALTY INCOME CORP COM COM 756109104 460 13170 SH Sole 13170
RELIANCE STEEL & ALUMINUM CO C COM 759509102 884 18150 SH Sole 4640 13510
ROGERS COMMUNICATIONS INC CL B COM 775109200 1829 47482 SH Sole 12100 35382
ROSS STORES INC COM COM 778296103 2356 49572 SH Sole 49572
ROWAN COS INC COM COM 779382100 280 9217 SH Sole 9217
ROYAL CARIBBEAN CRUISES LTD CO COM V7780T103 741 29930 SH Sole 6340 23590
RTI BIOLOGICS INC COM COM 74975N105 601 135354 SH Sole 60364 74990
RUDDICK CORP COM COM 781258108 6949 162959 SH Sole 22561 140398
SAFEWAY INC COM NEW COM 786514208 8124 386110 SH Sole 46610 339500
SAPIENT CORP COM COM 803062108 547 43411 SH Sole 18571 24840
SARA LEE CORP COM COM 803111103 283 14961 SH Sole 14961
SCHLUMBERGER LTD COM COM 806857108 1520 22244 SH Sole 5470 16774
SCIENTIFIC GAMES CORP CL A COM 80874P109 631 65060 SH Sole 28800 36260
SEACHANGE INTL INC COM COM 811699107 378 53730 SH Sole 23840 29890
SEADRILL LTD COM G7945E105 9969 300450 SH Sole 34780 265670
SEALED AIR CORP NEW COM COM 81211K100 541 31410 SH Sole 31410
SIGMA DESIGNS INC COM COM 826565103 246 40954 SH Sole 21974 18980
SIGNET JEWELERS LIMITED COM G81276100 569 12950 SH Sole 5500 7450
SIMMONS 1ST NATL CORP CL A $1 COM 828730200 319 11738 SH Sole 5328 6410
SIMON PPTY GROUP INC NEW COM COM 828806109 7887 61165 SH Sole 3595 57570
SINCLAIR BROADCAST GRP CL A COM 829226109 438 38626 SH Sole 17796 20830
SKYWEST INC COM COM 830879102 281 22317 SH Sole 10047 12270
SLM CORP COM COM 78442P106 9332 696450 SH Sole 82100 614350
SMUCKER J M CO COM NEW COM 832696405 585 7488 SH Sole 7488
SOUTHERN CO COM COM 842587107 1236 26697 SH Sole 26697
SOUTHERN COPPER CORP COM 84265V105 3131 103750 SH Sole 11350 92400
SOUTHSIDE BANCSHARES INC COM COM 84470P109 489 22564 SH Sole 9804 12760
SOUTHWEST GAS CORP COM COM 844895102 831 19560 SH Sole 7354 12206
SPARTAN STORES INC COM COM 846822104 564 30487 SH Sole 13347 17140
SPECTRA ENERGY CORP COM COM 847560109 3141 102156 SH Sole 18017 84140
SPECTRUM BRANDS HLDGS INC COM COM 84763R101 603 22011 SH Sole 14311 7700
SPX CORP COM COM 784635104 510 8470 SH Sole 5970 2500
STANLEY BLACK & DECKER, INC COM 854502101 204 3025 SH Sole 3025
STARBUCKS CORP COM COM 855244109 1848 40169 SH Sole 23685 16484
STEEL DYNAMICS INC COM COM 858119100 6826 519100 SH Sole 57100 462000
STMICROELECTRONICS N V COM COM 861012102 3528 594900 SH Sole 71600 523300
STRYKER CORP COM COM 863667101 790 15900 SH Sole 15900
SUN LIFE FINL INC COM COM 866796105 189 10202 SH Sole 10202
SUNRISE SENIOR LIVING INC COM COM 86768K106 153 23610 SH Sole 23610
SUSSER HLDGS CORP COM COM 869233106 565 24964 SH Sole 11130 13834
SVB FINL GROUP COM COM 78486Q101 1323 27735 SH Sole 9065 18670
TAL INTL GROUP INC COM COM 874083108 527 18309 SH Sole 8004 10305
TANGER FACTORY OUTLET CTRS INC COM 875465106 527 17977 SH Sole 5457 12520
TARGET CORP COM COM 87612E106 406 7925 SH Sole 7925
TEAM HEALTH HOLDINGS INC COM COM 87817A107 726 32917 SH Sole 21867 11050
TECO ENERGY INC COM COM 872375100 763 39882 SH Sole 39882
TELEDYNE TECHNOLOGIES COM COM 879360105 467 8517 SH Sole 3737 4780
TEXAS INSTRS INC COM COM 882508104 885 30391 SH Sole 30391
THERMO FISHER SCIENTIFIC INC C COM 883556102 255 5680 SH Sole 5680
THOMAS & BETTS CORP COM COM 884315102 4000 73261 SH Sole 21255 52006
TIDEWATER INC COM COM 886423102 434 8795 SH Sole 300 8495
TIME WARNER CABLE INC CL A COM 88732J207 5720 89976 SH Sole 2200 87776
TJX COS INC NEW COM COM 872540109 947 14675 SH Sole 2200 12475
TRAVELERS COMPANIES INC COM COM 89417E109 217 3660 SH Sole 3660
TRIUMPH GROUP INC NEW COM COM 896818101 1191 20369 SH Sole 11239 9130
TUPPERWARE BRANDS CORP COM COM 899896104 9461 169036 SH Sole 27350 141686
TYCO INTL LTD BERMUDA SHS COM H89128104 3740 80075 SH Sole 35250 44825
TYSON FOODS INC CL A COM 902494103 1334 64650 SH Sole 20000 44650
U S PHYSICAL THERAPY COM COM 90337L108 413 21005 SH Sole 10555 10450
UNION PAC CORP COM COM 907818108 1568 14799 SH Sole 3124 11675
UNITED TECHNOLOGIES CORP COM COM 913017109 1224 16744 SH Sole 1155 15589
UNITEDHEALTH GROUP INC COM COM 91324P102 14076 277750 SH Sole 13800 263950
UNUM GROUP COM COM 91529Y106 397 18820 SH Sole 18820
URS CORP COM 903236107 337 9600 SH Sole 9600
US BANCORP DEL COM NEW COM 902973304 425 15712 SH Sole 2139 13573
V F CORP COM COM 918204108 4046 31857 SH Sole 1629 30228
VERIZON COMMUNICATIONS INC COM COM 92343V104 28455 709245 SH Sole 112501 596744
VIACOM INC NEW CL B COM 92553P201 289 6361 SH Sole 6361
VIRGIN MEDIA INC COM COM 92769L101 480 22460 SH Sole 15560 6900
VIROPHARMA INC COM COM 928241108 1397 50998 SH Sole 21928 29070
W & T OFFSHORE INC COM COM 92922P106 566 26693 SH Sole 11593 15100
WADDELL & REED FINL INC CL A COM 930059100 5636 227518 SH Sole 24970 202548
WAL MART STORES INC COM COM 931142103 14999 250992 SH Sole 50029 200963
WALGREEN CO COM COM 931422109 16684 504672 SH Sole 107128 397544
WALTER ENERGY INC COM 93317Q105 297 4910 SH Sole 3510 1400
WASHINGTON FED INC COM COM 938824109 2882 206000 SH Sole 22000 184000
WASHINGTON POST CO CL B COM 939640108 4070 10800 SH Sole 1200 9600
WASTE MGMT INC DEL COM COM 94106L109 2060 62965 SH Sole 28 62937
WATTS WATER TECHNOLOGIES INC COM 942749102 390 11403 SH Sole 5623 5780
WEINGARTEN RLTY INVS SH BEN IN COM 948741103 417 19100 SH Sole 19100
WELLPOINT INC COM COM 94973V107 5981 90275 SH Sole 2300 87975
WELLS FARGO & CO NEW COM COM 949746101 24039 872232 SH Sole 119410 752822
WEST COAST BANCORP ORE NEW COM COM 952145209 588 37700 SH Sole 16905 20795
WESTAR ENERGY INC COM COM 95709T100 210 7300 SH Sole 7300
WESTERN DIGITAL CORP COM COM 958102105 665 21500 SH Sole 12500 9000
WESTERN UN CO COM COM 959802109 444 24320 SH Sole 5500 18820
WEYERHAEUSER CO COM COM 962166104 686 36760 SH Sole 36760
WHOLE FOODS MKT INC COM COM 966837106 685 9850 SH Sole 9850
WILLIAMS CLAYTON ENRGY COM COM 969490101 264 3483 SH Sole 583 2900
WILLIAMS COS INC DEL COM COM 969457100 1422 43055 SH Sole 10110 32945
WILLIAMS SONOMA INC COM COM 969904101 11126 288990 SH Sole 56725 232265
WORLD ACCEP CORP DEL COM COM 981419104 669 9103 SH Sole 3503 5600
WYNDHAM WORLDWIDE CORP COM COM 98310W108 8122 214685 SH Sole 52745 161940
XEROX CORP COM COM 984121103 4474 562080 SH Sole 31480 530600
XL CAP LTD CL A COM G98290102 5954 301145 SH Sole 40540 260605
YUM BRANDS INC COM COM 988498101 689 11684 SH Sole 27 11657
ZIMMER HLDGS INC COM COM 98956P102 254 4749 SH Sole 4749
ZIX CORP COM COM 98974P100 401 142292 SH Sole 62422 79870
BARCLAYS 1-3 YEAR CREDIT BOND ETFBDFD 464288646 5660 54314 SH Sole 20330 33984
BARCLAYS CREDIT BOND FUND (ISH ETFBDFD 464288620 1999 18342 SH Sole 7876 10466
BARCLAYS HIGH YIELD BOND FUND ETFBDFD 78464A417 1466 38120 SH Sole 13946 24174
BUILD AMERICA BOND PORTFOLIO ( ETFBDFD 73937B407 1877 65387 SH Sole 21280 44107
BULLETSHARES 2016 CORPORATE BO ETFBDFD 18383M555 2003 94228 SH Sole 43181 51047
EMERGING MARKETS SOVEREIGN DEB ETFBDFD 73936T573 2115 77314 SH Sole 26032 51282
INTERNATIONAL CORPORATE BOND F ETFBDFD 73936Q835 1174 44405 SH Sole 20283 24122
ISHARES IBOXX $ INVTOP INVESTG ETFBDFD 464287242 394 3465 SH Sole 3465
ISHARES TR 1-3 YR TRS BD ETFBDFD 464287457 681 8065 SH Sole 8065
ISHARES TR BARCLYS INTER CR ETFBDFD 464288638 934 8717 SH Sole 8717
ISHARES TR BARCLYS INTER GV ETFBDFD 464288612 1276 11464 SH Sole 11464
ISHARES TR INDEX BARCLYS TIPS ETFBDFD 464287176 1383 11853 SH Sole 11853
ISHARES TR LEHMAN AGG BND ETFBDFD 464287226 413 3744 SH Sole 40 3704
S&P NATIONAL AMT-FREE MUNI BON ETFBDFD 464288414 3917 36182 SH Sole 15698 20484
VANGUARD INTERMEDIATE-TERM COR ETFBDFD 92206C870 873 10603 SH Sole 10603
VANGUARD SCOTTSDALE FDS SHRT-T ETFBDFD 92206C409 369 4741 SH Sole 4741
ALERIAN MLP (ALPS) ETFEqty 00162q866 2167 130402 SH Sole 19287 111115
CONSUMER STAPLES SELECT SECTOR ETFEqty 81369Y308 682 20996 SH Sole 9571 11425
ISHARES TR RUSSELL1000GRW ETFEqty 464287614 12495 216212 SH Sole 216212
ISHARES TR RUSSELL1000VAL ETFEqty 464287598 10070 158636 SH Sole 158636
ISHARES TR S&P 500 INDEX ETFEqty 464287200 320 2541 SH Sole 2541
S&P 500 FUND (SPDR) ETFEqty 78462F103 7048 56161 SH Sole 28136 28025
US EQUITY INCOME FUND (WISDOMT ETFEqty 97717W208 1699 39591 SH Sole 18297 21294
US REIT FUND (VANGUARD) ETFEqty 922908553 1048 18067 SH Sole 8220 9847
ENERGY TRANSFER EQUITY L P COM LmtPart 29273V100 290 7150 SH Sole 300 6850
KKR & CO LP LmtPart 48248M102 528 41150 SH Sole 41150
ONEOK PARTNERS LP UNIT LTD PAR LmtPart 68268N103 208 3600 SH Sole 3600
PLAINS ALL AMERN PIPELINE L P LmtPart 726503105 801 10900 SH Sole 10900
DJ INTERNATIONAL REAL ESTATE F ETFIntl 78463X863 1073 33703 SH Sole 15614 18089
FTSE ALL-WORLD EX-US FUND (VAN ETFIntl 922042775 5603 141299 SH Sole 26014 115285
ISHARES INC MSCI CDA INDEX ETFIntl 464286509 599 22514 SH Sole 10274 12240
ISHARES INC MSCI EMU INDEX ETFIntl 464286608 1265 45354 SH Sole 21763 23591
ISHARES INC MSCI JAPAN ETFIntl 464286848 1416 155429 SH Sole 64041 91388
ISHARES INC MSCI PAC J IDX ETFIntl 464286665 959 24640 SH Sole 10815 13825
ISHARES INC MSCI SWITZERLD ETFIntl 464286749 406 17969 SH Sole 8654 9315
ISHARES INC MSCI UTD KINGD ETFIntl 464286699 968 59892 SH Sole 28915 30977
ISHARES MSCI KOREA INDEX FUND ETFIntl 464286772 535 10235 SH Sole 4355 5880
ISHARES TR INDEX MSCI EMERG MK ETFIntl 464287234 1039 27382 SH Sole 27382
MARKET VECTOR RUSSIA ETF TRUST ETFIntl 57060u506 225 8449 SH Sole 4055 4394
MSCI EAFE INDEX FUND (ISHARES) ETFIntl 464287465 2125 42897 SH Sole 7500 35397
MSCI EMERGING MARKETS FUND (VA ETFIntl 922042858 5245 137257 SH Sole 52223 85034
MSCI GERMANY INDEX FUND (ISHAR ETFIntl 464286806 204 10625 SH Sole 5096 5529
S&P EMERGING ASIA PACIFIC ETF ETFIntl 78463X301 566 8572 SH Sole 3974 4598
S&P LATIN AMERICA 40 INDEX FUN ETFIntl 464287390 1581 37141 SH Sole 16592 20549
SPDR INDEX SHS FDS S&P INTL ET ETFIntl 78463X772 205 4400 SH Sole 4400
SPDR MSCI ACWI EX-US ETFIntl 78463X848 789 27725 SH Sole 27725
VANGUARD MSCI EAFE ETF ETFIntl 921943858 3926 128164 SH Sole 59068 69096
ISHARES TR RUSL 2000 GROW ETFSmCap 464287648 273 3245 SH Sole 1500 1745
ISHARES TR RUSL 2000 VALU ETFSmCap 464287630 369 5616 SH Sole 1700 3916
ISHARES TR RUSSELL 2000 ETFSmCap 464287655 6556 88901 SH Sole 16421 72480
VANGUARD INDEX FDS SML CP GRW ETFSmCap 922908595 392 5133 SH Sole 5133
CHINESE YUAN FUND (WISDOMTREE) ETFEQTY 97717W182 1205 47845 SH Sole 22091 25754
DB ENERGY FUND (POWERSHARES) ETFEQTY 73936B101 1920 69513 SH Sole 32121 37392
DB G10 CURRENCY HARVEST FUND ( ETFEQTY 73935Y102 1748 73580 SH Sole 32834 40746
DB GOLD FUND (POWERSHARES) ETFEQTY 73936B606 1603 29437 SH Sole 29437
DB SILVER FUND (POWERSHARES) ETFEQTY 73936B309 352 7330 SH Sole 7330
DB US DOLLAR INDEX BULLISH FUN ETFEQTY 73936D107 3642 162088 SH Sole 74133 87955
DJ-UBS AGRICULTURE SUBINDEX TO ETFEQTY 06739H206 1284 24033 SH Sole 10945 13088
ELEMENTS ROGERS INTL COMM AGRI ETFEQTY 870297603 1150 128478 SH Sole 58597 69881
EMERGING CURRENCY FUND (WISDOM ETFEQTY 97717W133 546 27712 SH Sole 12699 15013
GOLD TRUST (ISHARES) ETFEQTY 464285105 2566 168501 SH Sole 15088 153413
GOLD TRUST (SPDR) ETFEQTY 78463V107 700 4608 SH Sole 4608
MERGER ARBITRAGE LIQUID INDEX ETFEQTY 22542D845 2045 97386 SH Sole 44441 52945
SILVER TRUST (ISHARES) ETFEQTY 46428Q109 592 21987 SH Sole 1899 20088