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
ABBOTT LABSCOM0028241001,22930,550SH DFND 30,55000
ABBVIE INCCOM00287Y1092,99054,950SH DFND 54,95000
ACE LTDSHSH0023R1052482,400SH DFND 2,40000
ALTRIA GROUP INCCOM02209S1032,32642,750SH DFND 42,75000
AUTOMATIC DATA PROCESSING INCOM0530151034,61357,400SH DFND 57,40000
BANK AMER CORPCOM0605051043,514225,524SH DFND 225,52400
BOEING COCOM0970231053,31225,290SH DFND 25,29000
BROADRIDGE FINL SOLUTIONS INCOM11133T10371412,900SH DFND 12,90000
CBL & ASSOC PPTYS INCCOM12483010061044,349SH DFND 44,34900
CDK GLOBAL INCCOM12508E10193519,560SH DFND 19,56000
CHEVRON CORP NEWCOM1667641007229,150SH DFND 9,15000
CISCO SYS INCCOM17275R1021,10542,100SH DFND 42,10000
CITIGROUP INCCOM NEW1729674241,10922,359SH DFND 22,35900
COCA COLA COCOM1912161001,81145,140SH DFND 45,14000
COGNIZANT TECHNOLOGY SOLUTIOCL A1924461022694,300SH DFND 4,30000
COLGATE PALMOLIVE COCOM1941621034086,430SH DFND 6,43000
COMCAST CORP NEWCL A20030N1013135,499SH DFND 5,49900
CONOCOPHILLIPSCOM20825C1043647,600SH DFND 7,60000
CROWN CASTLE INTL CORP NEWCOM22822V1014655,900SH DFND 5,90000
E M C CORP MASSCOM2686481021,86077,000SH DFND 77,00000
EBAY INCCOM2786421031,37856,400SH DFND 56,40000
ENBRIDGE ENERGY MANAGEMENT LSHS UNITS LLI29250X1031,36658,725SH DFND 58,72500
GENERAL ELECTRIC COCOM3696041033,026120,002SH DFND 120,00200
GOLDMAN SACHS GROUP INCCOM38141G1042,36513,609SH DFND 13,60900
HCP INCCOM40414L10969118,544SH DFND 18,54400
HOME DEPOT INCCOM4370761022,01017,404SH DFND 17,40400
INTERNATIONAL BUSINESS MACHSCOM4592001014,38530,245SH DFND 30,24500
ISTAR INCCOM45031U10172757,800SH DFND 57,80000
JOHNSON & JOHNSONCOM4781601043804,070SH DFND 4,07000
JPMORGAN CHASE & COCOM46625H1002,70544,364SH DFND 44,36400
KINDER MORGAN INC DELCOM49456B1015,959215,284SH DFND 215,28400
LILLY ELI & COCOM5324571085196,200SH DFND 6,20000
LINEAR TECHNOLOGY CORPCOM5356781063,45685,660SH DFND 85,66000
MAGELLAN MIDSTREAM PRTNRS LPCOM UNIT RP LP5590801063,73162,069SH DFND 62,06900
MERCK & CO INC NEWCOM58933Y1054849,796SH DFND 9,79600
MICROSOFT CORPCOM5949181044,12593,200SH DFND 93,20000
MONDELEZ INTL INCCL A6092071053097,369SH DFND 7,36900
PAYPAL HLDGS INCCOM70450Y1031,75156,400SH DFND 56,40000
PEPSICO INCCOM7134481082072,190SH DFND 2,19000
PFIZER INCCOM7170811032,26872,200SH DFND 72,20000
PHILIP MORRIS INTL INCCOM71817210996412,150SH DFND 12,15000
PHILLIPS 66COM7185461042002,600SH DFND 2,60000
QUALCOMM INCCOM7475251033,28061,050SH DFND 61,05000
TARGET CORPCOM87612E1064095,200SH DFND 5,20000
TEVA PHARMACEUTICAL INDS LTDADR8816242091,10419,560SH DFND 19,56000
TIME WARNER INCCOM NEW8873173032063,000SH DFND 3,00000
VERIZON COMMUNICATIONS INCCOM92343V1042736,281SH DFND 6,28100
VISA INCCOM CL A92826C8398,220118,000SH DFND 118,00000
VORNADO RLTY TRSH BEN INT9290421091,00211,082SH DFND 11,08200
WAL-MART STORES INCCOM9311421032,08832,200SH DFND 32,20000
WILLIAMS COS INC DELCOM9694571004,463121,100SH DFND 121,10000
WYNDHAM WORLDWIDE CORPCOM98310W1081,80525,100SH DFND 25,10000