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 COMMON STOCK 00287Y109 412 6,300 SH   SOLE   2,310 0 3,990
ACCENTURE PLC COMMON STOCK G1151C101 2,089 23,386 SH   SOLE   9,532 0 13,854
AFFILIATED MANAGERS GROUP COMMON STOCK 008252108 394 1,856 SH   SOLE   1,639 0 217
AIR LEASE CONVERTIBLE SECURITY 00912XAK0 845 618 PRN   SOLE   250 0 368
ALIGN TECH INC COMMON STOCK 016255101 567 10,135 SH   SOLE   6,345 0 3,790
AMAZON.COM INC COMMON STOCK 023135106 1,824 5,876 SH   SOLE   2,783 0 3,093
AMER INTL GROUP COMMON STOCK 026874784 2,434 43,460 SH   SOLE   15,455 0 28,005
AMER TOWER CORP CONVERTIBLE PREFERRED SECURITY 03027X308 1,841 16,010 SH   SOLE   6,683 0 9,327
AMERICAN HOMES 4 RNET COMMON STOCK 02665T306 1,567 91,995 SH   SOLE   35,560 0 56,435
ANADARKO PETROLEUM COMMON STOCK 032511107 1,157 14,020 SH   SOLE   5,725 0 8,295
ANTERO RESOURCES COMMON STOCK 03674X106 441 10,872 SH   SOLE   6,840 0 4,032
APPLE INC COMMON STOCK 037833100 17,051 154,477 SH   SOLE   70,496 0 83,981
ARES CAPITAL CORP CONVERTIBLE SECURITY 04010LAJ2 262 253 PRN   SOLE   143 0 110
ARES CAPITAL CORP CONVERTIBLE SECURITY 04010LAB9 1,668 1,617 PRN   SOLE   691 0 926
ARTHUR J GALLAGHER & CO COMMON STOCK 363576109 2,618 55,610 SH   SOLE   27,480 0 28,130
AT&T INC COMMON STOCK 00206R102 418 12,435 SH   SOLE   6,180 0 6,255
AUTOZONE INC COMMON STOCK 053332102 207 335 SH   SOLE   315 0 20
B/E AEROSPACE INC COMMON STOCK 073302101 239 4,115 SH   SOLE   3,885 0 230
BANKUNITED COMMON STOCK 06652K103 888 30,644 SH   SOLE   10,285 0 20,359
BARCLAY/ISHARES FUNDS COMMON STOCK 464287671 785 10,023 SH   SOLE   4,013 0 6,010
BERKSHIRE HTH COMMON STOCK 084670702 745 4,960 SH   SOLE   712 0 4,248
BIOGEN IDEC INC COMMON STOCK 09062X103 759 2,236 SH   SOLE   1,234 0 1,002
BIOMARIN PHARMACEUTICAL INC CONVERTIBLE SECURITY 09061GAF8 692 567 PRN   SOLE   234 0 333
BIOMARIN PHARMACEUTICAL INC CONVERTIBLE SECURITY 09061GAE1 837 709 PRN   SOLE   280 0 429
BOEING CO COMMON STOCK 097023105 2,937 22,593 SH   SOLE   8,795 0 13,798
BRISTOL MYERS SQUIBB COMMON STOCK 110122108 372 6,295 SH   SOLE   2,310 0 3,985
CAMERON INTL CORP COMMON STOCK 13342B105 827 16,564 SH   SOLE   11,124 0 5,440
CBS CORP COMMON STOCK 124857202 503 9,085 SH   SOLE   1,305 0 7,780
CELGENE CORP COMMON STOCK 151020104 2,749 24,578 SH   SOLE   11,526 0 13,052
CEPHEID INC COMMON STOCK 15670R107 1,052 19,425 SH   SOLE   12,305 0 7,120
CERNER CORP COMMON STOCK 156782104 3,114 48,157 SH   SOLE   31,616 0 16,541
CHARLES RIVER LABORATORIES COMMON STOCK 159864107 562 8,830 SH   SOLE   1,265 0 7,565
CHEVRONTEXACO CORP COMMON STOCK 166764100 2,382 21,232 SH   SOLE   7,860 0 13,372
CITIGROUP INC COMMON STOCK 172967424 4,853 89,688 SH   SOLE   38,811 0 50,877
COCA-COLA CO COMMON STOCK 191216100 4,262 100,955 SH   SOLE   43,129 0 57,826
COGNIZANT TECH SOLUTIONS CORP COMMON STOCK 192446102 2,332 44,275 SH   SOLE   27,250 0 17,025
COLONY FINANCIAL INC COMMON STOCK 19624R106 1,353 56,820 SH   SOLE   28,045 0 28,775
COLUMBIA BANKING SYSTEM INC COMMON STOCK 197236102 566 20,515 SH   SOLE   7,570 0 12,945
CONTINENTAL RESOURCES INC COMMON STOCK 212015101 813 21,188 SH   SOLE   13,137 0 8,051
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 2,564 18,091 SH   SOLE   7,670 0 10,421
COVANCE INC COMMON STOCK 222816100 905 8,720 SH   SOLE   5,505 0 3,215
CROWN CASTLE INTL CORP CONVERTIBLE PREFERRED SECURITY 22822V200 1,108 10,759 SH   SOLE   4,612 0 6,147
CUMMINS INC COMMON STOCK 231021106 3,363 23,330 SH   SOLE   12,810 0 10,520
D R HORTON INC COMMON STOCK 23331A109 1,117 44,160 SH   SOLE   29,490 0 14,670
DECKERS OUTDOOR COMMON STOCK 243537107 2,175 23,887 SH   SOLE   15,797 0 8,090
DELPHI AUTOMOTIVE PLC COMMON STOCK G27823106 546 7,510 SH   SOLE   2,535 0 4,975
DELTA AIR LINES INC COMMON STOCK 247361702 2,611 53,073 SH   SOLE   25,180 0 27,893
DIGITALGLOBE INC COMMON STOCK 25389M877 255 8,230 SH   SOLE   7,775 0 455
DISNEY WALT CO COMMON STOCK 254687106 3,350 35,570 SH   SOLE   15,195 0 20,375
DOMINION RESOURCES INC VA CONVERTIBLE PREFERRED SECURITY 25746U869 1,530 29,426 SH   SOLE   12,826 0 16,600
EASTMAN CHEM CO COMMON STOCK 277432100 658 8,668 SH   SOLE   5,490 0 3,178
EATON CORP PLC COMMON STOCK G29183103 3,944 58,033 SH   SOLE   27,851 0 30,182
EBAY INC COMMON STOCK 278642103 2,651 47,242 SH   SOLE   20,615 0 26,627
EOG RESOURCES INC COMMON STOCK 26875P101 1,628 17,683 SH   SOLE   8,433 0 9,250
EXELON CORP CONVERTIBLE PREFERRED SECURITY 30161N127 1,711 32,591 SH   SOLE   13,476 0 19,115
EXXON MOBIL CORP COMMON STOCK 30231G102 4,277 46,261 SH   SOLE   17,354 0 28,907
FACEBOOK INC COMMON STOCK 30303M102 4,587 58,799 SH   SOLE   29,650 0 29,149
FORTUNE BRANDS HOME & SECURITY COMMON STOCK 34964C106 915 20,202 SH   SOLE   14,285 0 5,917
GENERAL ELECTRIC CO COMMON STOCK 369604103 1,180 46,690 SH   SOLE   14,350 0 32,340
GENESEE & WYOMING INC CONVERTIBLE PREFERRED SECURITY 371559204 1,894 16,321 SH   SOLE   6,831 0 9,490
GILEAD SCIENCE CONVERTIBLE SECURITY 375558AP8 1,665 402 PRN   SOLE   187 0 215
GILEAD SCIENCES INC COMMON STOCK 375558103 1,362 14,446 SH   SOLE   5,478 0 8,968
GOLDMAN SACHS COMMON STOCK 38141G104 2,392 12,343 SH   SOLE   4,017 0 8,326
GOOGLE INC COMMON STOCK 38259P508 5,056 9,528 SH   SOLE   4,676 0 4,852
GOOGLE INC COMMON STOCK 38259P706 2,191 4,162 SH   SOLE   1,797 0 2,365
GUGGENHEIM S&P 500 PURE GROWTH COMMON STOCK 78355W403 326 4,103 SH   SOLE   0 0 4,103
GUIDEWIRE SOFTWARE COMMON STOCK 40171V100 210 4,140 SH   SOLE   3,910 0 230
HARLEY-DAVIDSON INC COMMON STOCK 412822108 1,648 25,000 SH   SOLE   16,400 0 8,600
HELIX ENERGY SOLUTIONS GROUP CONVERTIBLE SECURITY 42330PAG2 1,453 1,314 PRN   SOLE   523 0 791
HERSHA HOSPTLY COMMON STOCK 427825104 1,257 178,820 SH   SOLE   88,495 0 90,325
HOLLYSYS AUTOMATION TECH COMMON STOCK G45667105 312 12,770 SH   SOLE   12,060 0 710
HOLOGIC INC CONVERTIBLE SECURITY 436440AC5 290 261 PRN   SOLE   121 0 140
HOLOGIC INC CONVERTIBLE SECURITY 436440AB7 1,831 1,468 PRN   SOLE   609 0 859
HOME DEPOT COMMON STOCK 437076102 4,808 45,800 SH   SOLE   20,217 0 25,583
HOSPITALITY PROPERTIES TRUST COMMON STOCK 44106M102 888 28,641 SH   SOLE   14,181 0 14,460
ICONIX BRAND GROUP INC CONVERTIBLE SECURITY 451055AE7 1,564 1,323 PRN   SOLE   538 0 785
ILLUMINA INC COMMON STOCK 452327109 4,019 21,775 SH   SOLE   11,243 0 10,532
INSULET CORP COMMON STOCK 45784P101 1,403 30,453 SH   SOLE   21,335 0 9,118
INSULET CORP CONVERTIBLE SECURITY 45784PAD3 2,433 2,040 PRN   SOLE   851 0 1,189
INTEGRA LIFESCI CONVERTIBLE SECURITY 457985AK5 2,151 2,012 PRN   SOLE   832 0 1,180
INTEL CORP COMMON STOCK 458140100 1,006 27,725 SH   SOLE   11,174 0 16,551
INTEL CORP CONVERTIBLE SECURITY 458140AF7 1,816 1,044 PRN   SOLE   446 0 598
INTERXION HOLDING NV COMMON STOCK N47279109 291 10,635 SH   SOLE   10,045 0 590
INT'L BUSINESS MACHINES CORP COMMON STOCK 459200101 580 3,615 SH   SOLE   1,260 0 2,355
INVENSENSE COMMON STOCK 46123D205 371 22,800 SH   SOLE   15,935 0 6,865
ISHARES BARCLAYS AGGREGATE COMMON STOCK 464287226 271 2,461 SH   SOLE   275 0 2,186
ISHARES DJ SELECT DVD COMMON STOCK 464287168 403 5,070 SH   SOLE   4,830 0 240
ISHARES IBOXX HY CORP BOND COMMON STOCK 464288513 1,068 11,915 SH   SOLE   545 0 11,370
ISHARES RUSSELL 1000 GROWTH COMMON STOCK 464287614 214 2,235 SH   SOLE   0 0 2,235
ISHARES RUSSELL 1000 VALUE COMMON STOCK 464287598 259 2,482 SH   SOLE   0 0 2,482
ISHARES RUSSELL 3000 COMMON STOCK 464287689 670 5,480 SH   SOLE   0 0 5,480
ISHARES S&P 500 INDEX FUND COMMON STOCK 464287200 1,145 5,535 SH   SOLE   1,070 0 4,465
JACOBS ENGINEERING GROUP INC COMMON STOCK 469814107 456 10,202 SH   SOLE   6,523 0 3,679
JARDEN CORP CONVERTIBLE SECURITY 471109AH1 2,281 1,453 PRN   SOLE   570 0 883
JOHNSON & JOHNSON COMMON STOCK 478160104 5,651 54,039 SH   SOLE   21,290 0 32,749
JP MORGAN CHASE & CO COMMON STOCK 46625H100 5,616 89,749 SH   SOLE   33,969 0 55,780
KINDER MORGAN INC COMMON STOCK 49456B101 1,692 39,995 SH   SOLE   15,320 0 24,675
KROGER CO COMMON STOCK 501044101 253 3,945 SH   SOLE   3,725 0 220
LABORATORY CRP OF AMER HLDGS COMMON STOCK 50540R409 559 5,180 SH   SOLE   3,275 0 1,905
LAM RESEARCH CORP CONVERTIBLE SECURITY 512807AJ7 263 200 PRN   SOLE   120 0 80
LAMAR ADVER CO COMMON STOCK 512816109 1,094 20,390 SH   SOLE   10,075 0 10,315
LAS VEGAS SANDS CORP COMMON STOCK 517834107 883 15,178 SH   SOLE   9,260 0 5,918
LIBERTY (TWX & TWC) CONVERTIBLE SECURITY 530610AC8 3,371 2,344 PRN   SOLE   987 0 1,357
LINKEDIN CORPORATION COMMON STOCK 53578A108 1,599 6,961 SH   SOLE   4,699 0 2,262
LIONS GATE ENTERTAINMENT CORP COMMON STOCK 535919203 768 23,975 SH   SOLE   16,405 0 7,570
LKQ CORP COMMON STOCK 501889208 1,355 48,185 SH   SOLE   31,375 0 16,810
LORILLARD INC COMMON STOCK 544147101 2,423 38,503 SH   SOLE   16,995 0 21,508
MANPOWERGROUP INC COMMON STOCK 56418H100 216 3,165 SH   SOLE   2,985 0 180
MASTERCARD INC COMMON STOCK 57636Q104 4,070 47,238 SH   SOLE   22,405 0 24,833
MEDICAL PROPERTIES TRUST INC COMMON STOCK 58463J304 1,340 97,246 SH   SOLE   48,101 0 49,145
MELLANOX TECHNOLOGIES LTD COMMON STOCK M51363113 224 5,250 SH   SOLE   4,960 0 290
MENTOR GRAPHICS CONVERTIBLE SECURITY 587200AK2 1,975 1,645 PRN   SOLE   687 0 958
MERCK & CO COMMON STOCK 58933Y105 3,162 55,680 SH   SOLE   21,211 0 34,469
METLIFE INC COMMON STOCK 59156R108 3,166 58,527 SH   SOLE   23,952 0 34,575
MGIC INVESTMENT CORP COMMON STOCK 552848103 179 19,255 SH   SOLE   18,190 0 1,065
MGIC INVESTMENT CORP CONVERTIBLE SECURITY 552848AE3 1,001 681 PRN   SOLE   283 0 398
MGM MIRAGE CONVERTIBLE SECURITY 55303QAE0 3,662 3,107 PRN   SOLE   1,290 0 1,817
MICRON TECHNOLOGY CONVERTIBLE SECURITY 595112AU7 251 78 PRN   SOLE   47 0 31
MICROSOFT CORP COMMON STOCK 594918104 6,962 149,890 SH   SOLE   64,680 0 85,210
MOLINA HEALTHCARE INC CONVERTIBLE SECURITY 60855RAC4 256 185 PRN   SOLE   112 0 73
MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 2,186 60,171 SH   SOLE   28,986 0 31,185
MORGAN STANLEY COMMON STOCK 617446448 271 6,980 SH   SOLE   1,005 0 5,975
NATIONAL BANK HOLDINGS CORP COMMON STOCK 633707104 243 12,507 SH   SOLE   1,804 0 10,703
NATIONAL OILWELL VARCO INC COMMON STOCK 637071101 1,464 22,338 SH   SOLE   9,330 0 13,008
NEXTERA ENERGY INC CONVERTIBLE PREFERRED SECURITY 65339F887 1,714 25,601 SH   SOLE   10,930 0 14,671
NIKE INC COMMON STOCK 654106103 2,591 26,948 SH   SOLE   12,278 0 14,670
NORTHROP GRUMMAN CORP COMMON STOCK 666807102 1,349 9,153 SH   SOLE   3,718 0 5,435
NORTHSTAR REALTY FINANCE CORP COMMON STOCK 66704R704 1,402 79,763 SH   SOLE   39,457 0 40,306
NOVELLUS SYSTEMS INC CONVERTIBLE PREFERRED SECURITY 670008AD3 2,381 1,038 PRN   SOLE   421 0 617
NVIDIA CORP CONVERTIBLE SECURITY 67066GAC8 1,170 1,018 PRN   SOLE   453 0 565
NXP SEMICONDUCTORS NV COMMON STOCK N6596X109 364 4,765 SH   SOLE   3,210 0 1,555
OCCIDENTAL PETROLEUM CORP COMMON STOCK 674599105 2,041 25,319 SH   SOLE   10,741 0 14,578
OMNICOM GROUP INC COMMON STOCK 681919106 869 11,220 SH   SOLE   5,535 0 5,685
ON SEMICONDUCTOR CORP COMMON STOCK 682189105 186 18,365 SH   SOLE   17,350 0 1,015
ON SEMICONDUCTOR CORP CONVERTIBLE SECURITY 682189AH8 2,073 1,735 PRN   SOLE   762 0 973
ONEOK INC COMMON STOCK 682680103 1,041 20,905 SH   SOLE   7,247 0 13,658
ORACLE CORP COMMON STOCK 68389X105 1,379 30,672 SH   SOLE   13,114 0 17,558
PACKAGING CORP OF AMERICA COMMON STOCK 695156109 222 2,845 SH   SOLE   2,685 0 160
PACWEST BANCORP COMMON STOCK 695263103 992 21,818 SH   SOLE   8,049 0 13,769
PALO ALTO NETWORKS COMMON STOCK 697435105 1,396 11,391 SH   SOLE   7,330 0 4,061
PAREXEL INTERNATIONAL CORP COMMON STOCK 699462107 596 10,735 SH   SOLE   7,120 0 3,615
PEPSICO INC COMMON STOCK 713448108 1,473 15,580 SH   SOLE   6,380 0 9,200
PERRIGO CO PLC COMMON STOCK G97822103 1,275 7,625 SH   SOLE   4,815 0 2,810
PFIZER INC COMMON STOCK 717081103 3,202 102,790 SH   SOLE   41,298 0 61,492
PHILIP MORRIS INTERNATIONAL COMMON STOCK 718172109 1,564 19,200 SH   SOLE   8,180 0 11,020
POLARIS INDUSTRIES INC COMMON STOCK 731068102 760 5,028 SH   SOLE   2,753 0 2,275
PRICELINE GROUP INC/THE COMMON STOCK 741503403 1,904 1,670 SH   SOLE   924 0 746
PRICELINE.COM INC CONVERTIBLE SECURITY 741503AQ9 2,862 2,159 PRN   SOLE   911 0 1,248
PROCTER & GAMBLE CO COMMON STOCK 742718109 1,936 21,252 SH   SOLE   8,662 0 12,590
PROTO LABS INC. COMMON STOCK 743713109 549 8,181 SH   SOLE   4,974 0 3,207
PVH CORP COMMON STOCK 693656100 1,128 8,800 SH   SOLE   5,685 0 3,115
QUALCOMM INC COMMON STOCK 747525103 2,479 33,347 SH   SOLE   14,723 0 18,624
RAYTHEON CO COMMON STOCK 755111507 1,750 16,178 SH   SOLE   5,353 0 10,825
REALOGY HOLDINGS CORP COMMON STOCK 75605Y106 920 20,680 SH   SOLE   13,570 0 7,110
REGENERON PHARMACEUTICALS INC COMMON STOCK 75886F107 1,838 4,479 SH   SOLE   2,866 0 1,613
RESTORATION HARDWARE HOLDING COMMON STOCK 761283100 1,656 17,250 SH   SOLE   11,560 0 5,690
ROCKWELL AUTOMTN COMMON STOCK 773903109 894 8,040 SH   SOLE   5,550 0 2,490
RTI INTL METALS CONVERTIBLE SECURITY 74973WAB3 1,447 1,487 PRN   SOLE   669 0 818
RUSSELL MIDCAP GROWTH INDEX FD COMMON STOCK 464287481 905 9,704 SH   SOLE   9,704 0 0
SALESFORCE.COM INC COMMON STOCK 79466L302 904 15,239 SH   SOLE   8,323 0 6,916
SALESFORCE.COM INC CONVERTIBLE SECURITY 79466LAD6 4,183 3,669 PRN   SOLE   1,551 0 2,118
SANDISK CORP COMMON STOCK 80004C101 344 3,515 SH   SOLE   2,365 0 1,150
SANDISK CORP CONVERTIBLE SECURITY 80004CAF8 2,370 1,967 PRN   SOLE   864 0 1,103
SCHLUMBERGER LTD COMMON STOCK 806857108 1,858 21,758 SH   SOLE   10,323 0 11,435
SENIOR HOUSING PROP TRUST COMMON STOCK 81721M109 944 42,700 SH   SOLE   19,285 0 23,415
SERVICENOW INC COMMON STOCK 81762P102 1,111 16,367 SH   SOLE   10,536 0 5,831
SERVICENOW INC CONVERTIBLE SECURITY 81762PAB8 1,661 1,457 PRN   SOLE   609 0 848
SINCLAIR BROADCAST GRP COMMON STOCK 829226109 450 16,461 SH   SOLE   2,375 0 14,086
SOLARWINDS INC COMMON STOCK 83416B109 626 12,555 SH   SOLE   8,650 0 3,905
SPECTRA ENERGY CORP COMMON STOCK 847560109 1,517 41,787 SH   SOLE   14,269 0 27,518
SPIRIT AIRLINES INC COMMON STOCK 848577102 1,392 18,415 SH   SOLE   11,650 0 6,765
STANLEY BLACK & DECKER INC CONVERTIBLE PREFERRED SECURITY 854502309 281 2,035 SH   SOLE   1,255 0 780
STANLEY BLACK & DECKER INC CONVERTIBLE PREFERRED SECURITY 854502804 2,006 17,040 SH   SOLE   6,900 0 10,140
STARBUCKS CORP COMMON STOCK 855244109 3,180 38,754 SH   SOLE   19,686 0 19,068
STARWOOD WAYPOINT RESIDENTIAL COMMON STOCK 85571W109 867 32,870 SH   SOLE   16,255 0 16,615
STATE STREET CORP COMMON STOCK 857477103 3,170 40,380 SH   SOLE   20,325 0 20,055
STRYKER CORP COMMON STOCK 863667101 2,281 24,185 SH   SOLE   12,645 0 11,540
SVB FINANCIAL GROUP COMMON STOCK 78486Q101 1,902 16,389 SH   SOLE   10,969 0 5,420
SYNCHRONOSS TECHNOLOGIES INC CONVERTIBLE SECURITY 87157BAA1 218 206 PRN   SOLE   126 0 80
T ROWE PRICE COMMON STOCK 74144T108 2,794 32,547 SH   SOLE   16,749 0 15,798
TAIWAN SEMICONDUCTOR COMMON STOCK 874039100 566 25,302 SH   SOLE   13,840 0 11,462
TARGET CORP COMMON STOCK 87612E106 1,155 15,220 SH   SOLE   6,380 0 8,840
TEAM HEALTH HOLDINGS INC COMMON STOCK 87817A107 802 13,935 SH   SOLE   2,005 0 11,930
TESLA MOTORS INC CONVERTIBLE SECURITY 88160RAC5 1,937 2,142 PRN   SOLE   888 0 1,254
TEVA PHARMACEUTICAL IND LTD CONVERTIBLE SECURITY 88163VAE9 2,896 2,112 PRN   SOLE   877 0 1,235
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 953 17,823 SH   SOLE   7,209 0 10,614
TOLL BROTHERS FINANCE CORP. CONVERTIBLE SECURITY 88947EAM2 1,070 1,043 PRN   SOLE   445 0 598
TWENTY-FIRST CENTURY FOX INC COMMON STOCK 90130A101 1,049 27,320 SH   SOLE   10,985 0 16,335
TYSON FOODS CONVERTIBLE PREFERRED SECURITY 902494301 1,085 21,550 SH   SOLE   9,345 0 12,205
UMPQUA HOLDINGS CORP COMMON STOCK 904214103 1,232 72,415 SH   SOLE   28,320 0 44,095
UNION PACIFIC CORP COMMON STOCK 907818108 2,587 21,714 SH   SOLE   8,850 0 12,864
UNITED PARCEL SERVICE COMMON STOCK 911312106 1,999 17,985 SH   SOLE   8,575 0 9,410
UNITED RENTALS INC COMMON STOCK 911363109 352 3,455 SH   SOLE   500 0 2,955
UNITED TECHNOLOGIES CORP COMMON STOCK 913017109 733 6,373 SH   SOLE   3,530 0 2,843
US BANCORP COMMON STOCK 902973304 776 17,253 SH   SOLE   0 0 17,253
UTD TECHS CORP CONVERTIBLE PREFERRED SECURITY 913017117 3,647 59,467 SH   SOLE   25,468 0 33,999
VANTIV INC COMMON STOCK 92210H105 306 9,020 SH   SOLE   8,520 0 500
VERINT SYSTEMS CONVERTIBLE SECURITY 92343XAA8 236 212 PRN   SOLE   129 0 83
VERIZON COMM COMMON STOCK 92343V104 1,228 26,245 SH   SOLE   12,950 0 13,295
WALGREENS BOOTS ALLIANCE INC COMMON STOCK 931427108 4,981 65,373 SH   SOLE   26,985 0 38,388
WELLS FARGO & COMPANY COMMON STOCK 949746101 5,963 108,772 SH   SOLE   44,491 0 64,281
WELLS FARGO & COMPANY CONVERTIBLE PREFERRED SECURITY 949746804 1,593 1,314 SH   SOLE   567 0 747
WESCO INTL INC COMMON STOCK 95082P105 997 13,085 SH   SOLE   8,615 0 4,470
WHIRLPOOL CORP COMMON STOCK 963320106 735 3,795 SH   SOLE   2,605 0 1,190
WHITEWAVE FOODS COMPANY COMMON STOCK 966244105 1,235 35,295 SH   SOLE   22,370 0 12,925
WILLIAMS CO. COMMON STOCK 969457100 1,101 24,489 SH   SOLE   8,350 0 16,139
WILLIAMS-SONOMA INC COMMON STOCK 969904101 1,027 13,570 SH   SOLE   8,815 0 4,755
WISDOMTREE INVESTMENTS INC COMMON STOCK 97717P104 495 31,555 SH   SOLE   21,300 0 10,255
YAHOO! INC CONVERTIBLE SECURITY 984332AF3 2,035 1,793 PRN   SOLE   749 0 1,044
ZIMMER HOLDINGS INC COMMON STOCK 98956P102 2,594 22,875 SH   SOLE   12,085 0 10,790