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 88579Y101 275 1,784 SH   SOLE   1,784 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 40,208 650,701 SH   SOLE   650,701 0 0
APPLE INC COM 037833100 27,962 223,044 SH   SOLE   223,044 0 0
AT&T INC COM 00206R102 446 12,560 SH   SOLE   12,560 0 0
BANK AMER CORP COM 060505104 48,330 2,840,828 SH   SOLE   2,840,828 0 0
BANK HAWAII CORP COM 062540109 220 3,300 SH   SOLE   3,300 0 0
BANK NEW YORK MELLON CORP COM 064058100 40,397 962,943 SH   SOLE   962,943 0 0
BARD C R INC COM 067383109 17,461 102,338 SH   SOLE   102,338 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 37,494 275,586 SH   SOLE   275,586 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 372 13,355 SH   SOLE   13,355 0 0
BP PLC SPONSORED ADR 055622104 239 5,980 SH   SOLE   5,980 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 248 3,730 SH   SOLE   3,730 0 0
CHEVRON CORP NEW COM 166764100 695 7,201 SH   SOLE   7,201 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 229 3,575 SH   SOLE   3,575 0 0
CHUBB CORP COM 171232101 773 8,125 SH   SOLE   8,125 0 0
CISCO SYS INC COM 17275R102 577 21,020 SH   SOLE   21,020 0 0
CITIGROUP INC COM NEW 172967424 39,821 721,182 SH   SOLE   721,182 0 0
COCA COLA CO COM 191216100 22,275 568,088 SH   SOLE   568,088 0 0
DEERE & CO COM 244199105 24,845 256,109 SH   SOLE   256,109 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 18,572 160,107 SH   SOLE   160,107 0 0
DISNEY WALT CO COM DISNEY 254687106 259 2,269 SH   SOLE   2,269 0 0
EBAY INC COM 278642103 27,994 464,904 SH   SOLE   464,904 0 0
EMERSON ELEC CO COM 291011104 302 5,455 SH   SOLE   5,455 0 0
EOG RES INC COM 26875P101 525 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 669 3,149 SH   SOLE   3,149 0 0
EXXON MOBIL CORP COM 30231G102 1,665 20,009 SH   SOLE   20,009 0 0
FEDEX CORP COM 31428X106 17,934 105,298 SH   SOLE   105,298 0 0
FISERV INC COM 337738108 29,636 357,966 SH   SOLE   357,966 0 0
FLOWSERVE CORP COM 34354P105 28,291 537,474 SH   SOLE   537,474 0 0
GENERAL ELECTRIC CO COM 369604103 32,297 1,216,062 SH   SOLE   1,216,062 0 0
GENERAL MTRS CO COM 37045V100 25,613 768,805 SH   SOLE   768,805 0 0
GOOGLE INC CL A 38259P508 29,539 54,722 SH   SOLE   54,722 0 0
GOOGLE INC CL C 38259P706 8,500 16,336 SH   SOLE   16,336 0 0
GRAINGER W W INC COM 384802104 24,085 101,820 SH   SOLE   101,820 0 0
HOME DEPOT INC COM 437076102 767 6,901 SH   SOLE   6,901 0 0
INTEL CORP COM 458140100 477 15,793 SH   SOLE   15,793 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 417 2,563 SH   SOLE   2,563 0 0
ISHARES 1-3 YR CR BD ETF 464288646 48,313 458,682 SH   SOLE   458,682 0 0
ISHARES TR CORE US AGGBD ET 464287226 32,331 297,214 SH   SOLE   297,214 0 0
ISHARES TR IBOXX INV CP ETF 464287242 22,268 192,434 SH   SOLE   192,434 0 0
ISHARES TR TIPS BD ETF 464287176 39,531 353,027 SH   SOLE   353,027 0 0
JOHNSON & JOHNSON COM 478160104 786 8,060 SH   SOLE   8,060 0 0
LILLY ELI & CO COM 532457108 471 5,636 SH   SOLE   5,636 0 0
LOWES COS INC COM 548661107 556 8,300 SH   SOLE   8,300 0 0
MEDTRONIC PLC SHS G5960L103 267 3,600 SH   SOLE   3,600 0 0
MICROSOFT CORP COM 594918104 36,753 832,874 SH   SOLE   832,874 0 0
MONDELEZ INTL INC CL A 609207105 18,413 447,575 SH   SOLE   447,575 0 0
NATIONAL OILWELL VARCO INC COM 637071101 14,819 307,057 SH   SOLE   307,057 0 0
OWENS ILL INC COM NEW 690768403 20,505 894,250 SH   SOLE   894,250 0 0
PAYCHEX INC COM 704326107 297 6,335 SH   SOLE   6,335 0 0
PEPSICO INC COM 713448108 12,240 131,184 SH   SOLE   131,184 0 0
PROCTER & GAMBLE CO COM 742718109 872 11,144 SH   SOLE   11,144 0 0
QUALCOMM INC COM 747525103 27,804 444,139 SH   SOLE   444,139 0 0
SCHLUMBERGER LTD COM 806857108 263 3,057 SH   SOLE   3,057 0 0
SIMON PPTY GROUP INC NEW COM 828806109 501 2,895 SH   SOLE   2,895 0 0
SOUTHERN CO COM 842587107 530 12,650 SH   SOLE   12,650 0 0
SYSCO CORP COM 871829107 407 11,270 SH   SOLE   11,270 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 658 11,247 SH   SOLE   11,247 0 0
TIME WARNER INC COM NEW 887317303 11,897 136,110 SH   SOLE   136,110 0 0
U.S. BANCORP PFD. SER. G COM NEW 902973817 349 13,122 SH   SOLE   13,122 0 0
UNILEVER N V N Y SHS NEW 904784709 230 5,500 SH   SOLE   5,500 0 0
UNION PAC CORP COM 907818108 668 7,000 SH   SOLE   7,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,284 13,245 SH   SOLE   13,245 0 0
UNITED TECHNOLOGIES CORP COM 913017109 10,924 98,519 SH   SOLE   98,519 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 326 6,991 SH   SOLE   6,991 0 0
WELLS FARGO & CO NEW COM 949746101 22,221 395,291 SH   SOLE   395,291 0 0