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
Expires:Oct 31, 2018
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3m CompanyCOM88579y1013402,400SH SOLE 002,400
Abbott LaboratoriesCOM00282410055513,334SH SOLE 0013,334
Abbvie IncCOM00287y10977013,334SH SOLE 0013,334
American Express CompanyCOM0258161094,97356,803SH SOLE 0056,803
Apple IncCOM0378331001,59615,841SH SOLE 0015,841
Automatic Data ProcessingCOM0530151032823,400SH SOLE 003,400
Baxter International IncCOM0718131095347,442SH SOLE 007,442
Borg Warner IncCOM09972410659211,250SH SOLE 0011,250
Capital One Financial CpCOM14040h1052,52630,950SH SOLE 0030,950
Chevron CorporationCOM1667641003192,670SH SOLE 002,670
Citigroup IncCOM1729674241,51329,205SH SOLE 0029,205
Coca Cola CompanyCOM1912161003468,120SH SOLE 008,120
Constellium N.V.COMn220351043,117126,668SH SOLE 00126,668
Costco Whsl Corp NewCOM22160k1057,97963,668SH SOLE 0063,668
Davita IncCOM23918k1081,17616,072SH SOLE 0016,072
Deere & CoCOM2441991055,62668,616SH SOLE 0068,616
DirectvCOM25490a3093223,725SH SOLE 003,725
Dorian LPG LTDCOMY2106R10277843,650SH SOLE 0043,650
Education Holdings 1 Xxx BankrCOM28141c104018,550SH SOLE 0018,550
Enterprise Prd Prtnrs LPCOM2937921074,646115,296SH SOLE 00115,296
Equifax IncCOM2944291052393,200SH SOLE 003,200
Esterline Technologies CorpCOM2974251002,62323,577SH SOLE 0023,577
Exxon Mobil CorporationCOM30231g1024,73150,304SH SOLE 0050,304
Fidelity Natl Info SvcsCOM31620m1062123,762SH SOLE 003,762
Ford Motor Company NewCOM34537086014810,000SH SOLE 0010,000
Fresenius Medical Care Ag & CoCOM3580291061,19534,447SH SOLE 0034,447
Gaslog Ltd FCOMg3758510986839,450SH SOLE 0039,450
General Electric CompanyCOM36960410381831,921SH SOLE 0031,921
Google Inc Class ACOM38259p5081,1741,995SH SOLE 001,995
Google Inc Class CCOM38259p7061,1521,995SH SOLE 001,995
Heineken N V Adr FCOM4230123012095,600SH SOLE 005,600
HospiraCOM4410601005,215100,240SH SOLE 00100,240
Howard Hughes CorpCOM44267d1071,4289,522SH SOLE 009,522
Ingredion IncCOM4571871024545,985SH SOLE 005,985
Internap Network Services CorpCOM45885a3001,411204,425SH SOLE 00204,425
Intl Business MachinesCOM4592001017,78541,013SH SOLE 0041,013
J M Smucker Co NewCOM8326964053,67437,112SH SOLE 0037,112
Johnson & JohnsonCOM4781601048818,261SH SOLE 008,261
KKR & Co LPCOM48248m1024,171187,050SH SOLE 00187,050
Kirby CorporationCOM4972661064714,000SH SOLE 004,000
Kratos Def & Sec Sol NewCOM50077b2071,622247,235SH SOLE 00247,235
Liberty Global Cl ACOMg5480u1046,701157,525SH SOLE 00157,525
Lockheed Martin CorpCOM5398301098024,388SH SOLE 004,388
Mastercard IncCOM57636q1041,47519,950SH SOLE 0019,950
Mfc Industrial Ltd FCOM55278t10540556,970SH SOLE 0056,970
Mine Safety Inc.COM5534981064,60093,124SH SOLE 0093,124
NOW IncCOM67011P10043214,212SH SOLE 0014,212
National Oilwell VarcoCOM6370711014,52959,517SH SOLE 0059,517
Ncr CorpCOM62886e1082,32369,525SH SOLE 0069,525
Norfolk Southern CorpCOM6558441088237,375SH SOLE 007,375
Novo-Nordisk A-S Adr F 1 Adr RCOM6701002053,93782,680SH SOLE 0082,680
Procter & GambleCOM74271810990710,836SH SOLE 0010,836
R A I T Financial Tr NewCOM74922760930541,026SH SOLE 0041,026
Resource Amer Inc Cl ACOM76119520553857,775SH SOLE 0057,775
Royal Dutch Shell Plc AdrCOM7802592063534,631SH SOLE 004,631
Semgroup CorpCOM81663a10592711,130SH SOLE 0011,130
Shiloh Industries IncCOM82454310224814,600SH SOLE 0014,600
Starbucks CorpCOM8552441093,91051,822SH SOLE 0051,822
Teva Pharm Inds Ltd Adrf SponsCOM8816242095,674105,561SH SOLE 00105,561
United Parcel Service B ClassCOM9113121064,98250,682SH SOLE 0050,682
United Technologies CorpCOM9130171094163,940SH SOLE 003,940
Verizon CommunicationsCOM92343v1046,150123,029SH SOLE 00123,029
Viacom Inc Cl B NewCOM92553p2016,62286,066SH SOLE 0086,066
Visa Inc Cl A Class ACOM92826c8399,76245,753SH SOLE 0045,753
Voya Financial Inc.COM9290891002,18755,940SH SOLE 0055,940
Wal-Mart Stores IncCOM9311421032293,000SH SOLE 003,000
Wyndham Worldwide CorpCOM98310w1082,65132,620SH SOLE 0032,620
Zoes Kitchen Inc.COM98979j10931610,260SH SOLE 0010,260