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
HESS PFD PFD 42809H404 738 9,750 SH   SOLE   9,750 0 0
SANOFI COM 999544HF9 383 5,000 SH   SOLE   5,000 0 0
ABBOTT LABS COM COM 002824100 570 14,500 SH   SOLE   5,000 0 9,500
ABBVIE INC COM 00287Y109 1,377 22,250 SH   SOLE   14,008 0 8,242
AGNICO EAGLE MINES LTD COM COM 008474108 535 10,000 SH   SOLE   10,000 0 0
ALLERGAN PLC COM G0177J108 5,886 25,470 SH   SOLE   23,515 0 1,955
ALPHABET INC CL A COM 02079K305 21,978 31,239 SH   SOLE   27,321 0 3,918
ALPHABET INC CL C COM 02079K107 3,491 5,044 SH   SOLE   4,568 0 476
AMERICAN EXPRESS CO COM 025816109 881 14,500 SH   SOLE   14,500 0 0
AMERICAN INT'L GROUP INC COM 026874784 15,005 283,700 SH   SOLE   254,146 0 29,554
ANADARKO PETE CORP COM 032511107 6,751 126,778 SH   SOLE   113,103 0 13,675
ANNALY CAPITAL MGT COM 035710409 304 27,500 SH   SOLE   27,500 0 0
APPLE INC COM 037833100 16,882 176,590 SH   SOLE   154,442 0 22,148
ARCHER DANIELS MIDLAND CO COM 039483102 579 13,500 SH   SOLE   9,500 0 4,000
AT&T INC COM COM 00206R102 14,709 340,400 SH   SOLE   297,399 0 43,001
BANK OF AMERICA CORPORATION COM 060505104 1,035 78,000 SH   SOLE   78,000 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670702 796 5,500 SH   SOLE   5,500 0 0
BOEING CO COM COM 097023105 17,225 132,635 SH   SOLE   117,799 0 14,836
BUNGE LIMITED COM G16962105 991 16,750 SH   SOLE   11,821 0 4,929
CAPITAL ONE FINANCIAL COM 14040H105 14,487 228,105 SH   SOLE   201,353 0 26,752
CF INDUSTRIES COM 125269100 2,047 84,950 SH   SOLE   76,950 0 8,000
CHEVRON CORP NEW COM COM 166764100 1,153 11,000 SH   SOLE   9,850 0 1,150
CIENA CORP COM 171779309 2,313 123,350 SH   SOLE   111,450 0 11,900
CISCO SYS INC COM COM 17275R102 13,298 463,500 SH   SOLE   407,121 0 56,379
CITIGROUP INC COM NEW COM 172967424 11,644 274,693 SH   SOLE   242,224 0 32,469
COCA COLA CO COM COM 191216100 5,561 122,686 SH   SOLE   112,222 0 10,464
COMCAST CORP NEW CL A COM 20030N101 21,550 330,575 SH   SOLE   290,611 0 39,964
CROWN CASTLE INTL CORP COM 22822V101 4,034 39,775 SH   SOLE   37,325 0 2,450
CVS HEALTH CORP COM 126650100 13,629 142,350 SH   SOLE   123,358 0 18,992
DELTA AIR LINES INC DEL COM 247361702 9,862 270,700 SH   SOLE   237,096 0 33,604
DEVON ENERGY CORP COM 25179M103 7,641 210,796 SH   SOLE   189,325 0 21,471
DISNEY WALT CO COM COM 254687106 3,605 36,850 SH   SOLE   33,450 0 3,400
DOW CHEM CO COM COM 260543103 783 15,750 SH   SOLE   15,750 0 0
EMC CORP MASS COM 268648102 14,987 551,583 SH   SOLE   478,376 0 73,207
EXPRESS SCRIPTS HOLDING CO COM 30219G108 14,286 188,475 SH   SOLE   163,903 0 24,572
EXXON MOBIL CORP COM 30231G102 330 3,525 SH   SOLE   3,525 0 0
GENERAL ELECTRIC CO COM 369604103 16,298 517,714 SH   SOLE   448,413 0 69,301
GENERAL MTRS CO COM 37045V100 8,779 310,200 SH   SOLE   270,042 0 40,158
GILEAD SCIENCES INC COM 375558103 3,995 47,888 SH   SOLE   43,438 0 4,450
GOLDCORP INC NEW COM 380956409 7,496 391,850 SH   SOLE   352,168 0 39,682
GOLDMAN SACHS GROUP INC COM COM 38141G104 223 1,500 SH   SOLE   1,500 0 0
HESS CORP COM COM 42809H107 13,614 226,525 SH   SOLE   200,030 0 26,495
INFINERA CORP COM 45667G103 1,695 150,300 SH   SOLE   136,100 0 14,200
INTERNATIONAL BUSINESS MACHS C COM 459200101 713 4,700 SH   SOLE   3,925 0 775
INTL PAPER CO COM COM 460146103 15,745 371,522 SH   SOLE   328,709 0 42,813
IRON MOUNTAIN INC COM 46284V101 9,382 235,550 SH   SOLE   195,542 0 40,008
JPMORGAN CHASE & CO COM COM 46625H100 4,350 70,000 SH   SOLE   61,050 0 8,950
KROGER CO COM COM 501044101 9,149 248,678 SH   SOLE   212,014 0 36,664
LEIDOS HOLDINGS INC COM 525327102 1,408 29,417 SH   SOLE   26,368 0 3,049
LENNAR CORP CL A COM 526057104 346 7,500 SH   SOLE   7,500 0 0
MACOM TECH SOLUTIONS HOLDINGS, COM 55405Y100 2,131 64,600 SH   SOLE   58,500 0 6,100
MARATHON OIL CORP COM COM 565849106 1,163 77,500 SH   SOLE   77,500 0 0
MARSH & MCLENNAN COS INC COM COM 571748102 428 6,250 SH   SOLE   3,233 0 3,017
MEDTRONIC INC COM G5960L103 16,777 193,350 SH   SOLE   172,307 0 21,043
MERCK & CO INC NEW COM COM 58933Y105 2,091 36,300 SH   SOLE   31,300 0 5,000
METLIFE INC COM COM 59156R108 378 9,500 SH   SOLE   9,500 0 0
MICROSOFT CORP COM 594918104 16,189 316,383 SH   SOLE   275,538 0 40,845
MORGAN STANLEY COM 617446448 2,790 107,400 SH   SOLE   99,700 0 7,700
MOSAIC CO NEW COM COM 61945C103 7,384 282,050 SH   SOLE   256,350 0 25,700
MYLAN N.V COM N59465109 17,547 405,800 SH   SOLE   360,199 0 45,601
NESTLE SA ADS COM 641069406 309 4,000 SH   SOLE   4,000 0 0
NEWMONT MINING CORP COM COM 651639106 704 18,000 SH   SOLE   16,500 0 1,500
OCCIDENTAL PETE CORP COM 674599105 1,383 18,300 SH   SOLE   17,300 0 1,000
PACKAGING CORPORATION OF AMERI COM 695156109 4,471 66,800 SH   SOLE   60,900 0 5,900
PEPSICO INC COM 713448108 244 2,300 SH   SOLE   2,300 0 0
PFIZER INC COM COM 717081103 16,731 475,175 SH   SOLE   418,797 0 56,378
PNC FINANCIAL SERVICES COM 693475105 895 11,000 SH   SOLE   7,900 0 3,100
RAYTHEON CO NEW COM 755111507 340 2,500 SH   SOLE   2,500 0 0
SCIENCE APPLICATIONS INT'L COM 808625107 1,786 30,600 SH   SOLE   21,871 0 8,729
SPDR GOLD TRUST GOLD SHS COM 78463V107 1,043 8,250 SH   SOLE   7,750 0 500
SYNCHRONY FINANCIAL COM 87165B103 1,845 73,000 SH   SOLE   71,500 0 1,500
TEVA PHARMACEUTICAL INDS LTD A COM 881624209 20,272 403,575 SH   SOLE   359,701 0 43,874
TOTAL S A SPONSORED ADR COM 89151E109 216 4,500 SH   SOLE   4,500 0 0
TRAVELERS COMPANIES INC COM COM 89417E109 2,083 17,500 SH   SOLE   15,386 0 2,114
TWENTY-FIRST CENTURY FOX CLASS COM 90130A101 205 7,571 SH   SOLE   7,571 0 0
UNITED CONTL HOLDINGS INC COM 910047109 15,656 381,475 SH   SOLE   341,623 0 39,852
UNITEDHEALTH GROUP INC COM COM 91324P102 1,906 13,500 SH   SOLE   13,500 0 0
US BANCORP DEL COM NEW COM 902973304 13,345 330,900 SH   SOLE   288,092 0 42,808
VALERO ENERGY CORP NEW COM COM 91913Y100 1,339 26,250 SH   SOLE   15,058 0 11,192
VODAFONE GROUP PLC ADR COM 92857W308 782 25,300 SH   SOLE   24,300 0 1,000
WAL MART STORES INC COM 931142103 1,763 24,150 SH   SOLE   17,305 0 6,845
WELLS FARGO & CO COM 949746101 402 8,500 SH   SOLE   8,500 0 0
UNITED STATES OIL FUND LP ETUS 91232N108 463 40,000 SH   SOLE   40,000 0 0
ISHARES 20+ YR TREASURY BOND E MFUS 464287432 868 6,250 SH   SOLE   6,250 0 0
SPDR S&P 500 ETF TR TR UNIT MFUS 78462F103 1,047 5,000 SH Put SOLE   5,000 0 0