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 COM 00287Y109 5,345 94,695 SH   SOLE 0 75,705 0 18,990
AGILENT TECHNOLOGIES INC COM COM 00846U101 3,520 61,275 SH   SOLE 0 46,615 0 14,660
AKAMAI TECHNOLOGIES INC COM COM 00971T101 3,264 53,450 SH   SOLE 0 44,430 0 9,020
ALLIANCE DATA SYS CORP COM COM 018581108 2,686 9,550 SH   SOLE 0 9,550 0 0
APPLE INC COM COM 037833100 5,010 53,914 SH   SOLE 0 44,534 0 9,380
BANK HAWAII CORP COM COM 062540109 2,664 45,385 SH   SOLE 0 45,385 0 0
BAXTER INTL INC COM COM 071813109 682 9,430 SH   SOLE 0 0 0 9,430
BEMIS CO INC COM COM 081437105 2,618 64,385 SH   SOLE 0 64,385 0 0
CAVIUM INC COM COM 14964U108 3,414 68,755 SH   SOLE 0 68,755 0 0
CHEVRON CORP NEW COM COM 166764100 1,777 13,615 SH   SOLE 0 13,615 0 0
CHUBB CORP COM 171232101 1,053 11,420 SH   SOLE 0 0 0 11,420
CISCO SYSTEMS INC COM 17275R102 4,889 196,745 SH   SOLE 0 159,935 0 36,810
COACH INC COM COM 189754104 1,629 47,640 SH   SOLE 0 47,640 0 0
COLGATE PALMOLIVE CO COM COM 194162103 3,005 44,075 SH   SOLE 0 44,075 0 0
COMCAST CORP CL A COM 20030N101 3,832 71,395 SH   SOLE 0 48,915 0 22,480
CONOCOPHILLIPS COM COM 20825C104 3,633 42,380 SH   SOLE 0 42,090 0 290
D R HORTON INC COM 23331A109 3,235 131,630 SH   SOLE 0 131,630 0 0
DOMINION RES INC VA COM COM 25746U109 967 13,520 SH   SOLE 0 0 0 13,520
DOVER CORP COM COM 260003108 840 9,240 SH   SOLE 0 0 0 9,240
DU PONT E I DE NEMOURS & CO CO COM 263534109 1,172 17,910 SH   SOLE 0 0 0 17,910
DUKE ENERGY CORP NEW COM NEW COM 26441C204 219 2,951 SH   SOLE 0 0 0 2,951
EATON CORP PLC SHS ISIN#IE00B8 COM G29183103 2,775 35,950 SH   SOLE 0 35,950 0 0
EXXON MOBIL CORP COM COM 30231G102 4,212 41,840 SH   SOLE 0 25,076 0 16,764
FASTENAL CO COM 311900104 3,871 78,215 SH   SOLE 0 78,215 0 0
FORTINET INC COM COM 34959E109 3,005 119,580 SH   SOLE 0 118,310 0 1,270
GENERAL ELECTRIC CO COM COM 369604103 1,330 50,594 SH   SOLE 0 6,151 0 44,443
GENESEE & WYO INC CL A COM 371559105 3,409 32,470 SH   SOLE 0 32,470 0 0
ILLINOIS TOOL WORKS INC COM COM 452308109 1,243 14,195 SH   SOLE 0 0 0 14,195
ISHARES TR MSCI ALL COUNTRY AS COM 464288182 2,428 38,735 SH   SOLE 0 38,735 0 0
ISHARES TR RUSSELL 2000 VALUE COM 464287630 1,111 10,760 SH   SOLE 0 0 0 10,760
ISHARES TR US REAL ESTATE ETF COM 464287739 1,163 16,195 SH   SOLE 0 0 0 16,195
JOHNSON & JOHNSON COM COM 478160104 471 4,506 SH   SOLE 0 3,150 0 1,356
KIMBERLY CLARK CORP COM 494368103 2,549 22,920 SH   SOLE 0 22,920 0 0
KINDER MORGAN ENERGY PARTNERS COM 494550106 406 4,940 SH   SOLE 0 0 0 4,940
LANDSTAR SYSTEMS INC COM COM 515098101 2,558 39,965 SH   SOLE 0 39,965 0 0
LEAR CORP COM NEW COM 521865204 3,955 44,275 SH   SOLE 0 43,525 0 750
LITTELFUSE INC COM 537008104 731 7,865 SH   SOLE 0 0 0 7,865
LIVEPERSON INC COM COM 538146101 1,342 132,205 SH   SOLE 0 132,205 0 0
MCDONALDS CORP COM 580135101 2,967 29,450 SH   SOLE 0 29,450 0 0
MEAD JOHNSON NUTRITION CO COM COM 582839106 4,673 50,155 SH   SOLE 0 39,405 0 10,750
MINERAL TECHNOLOGIES INC COM 603158106 2,814 42,905 SH   SOLE 0 42,905 0 0
MONSANTO CO NEW COM COM 61166W101 581 4,660 SH   SOLE 0 0 0 4,660
NETAPP INC COM COM 64110D104 1,658 45,405 SH   SOLE 0 45,405 0 0
NEWELL RUBBERMAID INC COM COM 651229106 998 32,200 SH   SOLE 0 0 0 32,200
NIKE INC CL B COM 654106103 4,270 55,065 SH   SOLE 0 55,065 0 0
NORFOLK SOUTHERN CORP COM 655844108 868 8,420 SH   SOLE 0 0 0 8,420
PALL CORP COM 696429307 2,712 31,765 SH   SOLE 0 31,765 0 0
PERRIGO CO PLC SHS ISIN#IE00BG COM G97822103 2,434 16,700 SH   SOLE 0 16,700 0 0
PFIZER INC COM COM 717081103 2,901 97,731 SH   SOLE 0 94,425 0 3,306
PROCTER & GAMBLE CO COM COM 742718109 706 8,978 SH   SOLE 0 6,876 0 2,102
QUALCOMM INC COM 747525103 1,521 19,200 SH   SOLE 0 0 0 19,200
RAYONIER ADVANCED MATLS INC CO COM 75508B104 825 21,299 SH   SOLE 0 21,299 0 0
RAYONIER INC COM COM 754907103 2,274 63,965 SH   SOLE 0 63,965 0 0
REALTY INCOME CORP COM COM 756109104 3,353 75,485 SH   SOLE 0 75,485 0 0
REGIONS FINL CORP NEW COM COM 7591EP100 5,048 475,375 SH   SOLE 0 373,035 0 102,340
ROBERT HALF INTL INC COM 770323103 4,535 94,990 SH   SOLE 0 94,990 0 0
SANDISK CORP COM 80004C101 941 9,015 SH   SOLE 0 0 0 9,015
SEADRILL LIMTED SHS ISIN#BMG79 COM G7945E105 882 22,080 SH   SOLE 0 0 0 22,080
SPDR GOLD TR GOLD SHS COM 78463V107 1,856 14,498 SH   SOLE 0 14,498 0 0
SPDR SER TR S&P DIVID ETF COM 78464A763 1,545 20,175 SH   SOLE 0 0 0 20,175
SPX CORPORATION COM 784635104 4,390 40,570 SH   SOLE 0 40,170 0 400
TETRA TECHNOLOGIES INC DEL COM COM 88162F105 4,274 362,785 SH   SOLE 0 362,785 0 0
TOLL BROS INC COM 889478103 3,337 90,430 SH   SOLE 0 90,430 0 0
URBAN OUTFITTERS INC COM 917047102 2,505 73,970 SH   SOLE 0 73,970 0 0
VERIZON COMMUNICATIONS INC COM COM 92343V104 1,258 25,704 SH   SOLE 0 0 0 25,704
WELLS FARGO & CO NEW COM COM 949746101 746 14,190 SH   SOLE 0 0 0 14,190
WESTERN UN CO COM COM 959802109 3,657 210,920 SH   SOLE 0 210,920 0 0
ZIONS BANCORP COM COM 989701107 2,829 95,995 SH   SOLE 0 76,835 0 19,160