3M CO COM 88579Y101 4059 38184 SH SOLE 38184 0 0 ALERE INC PERP PFD CONV SE 01449J204 5712 24000 SH SOLE 24000 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 17089 262801 SH SOLE 262801 0 0 AUTOZONE INC COM 053332102 13530 34100 SH SOLE 34100 0 0 BERKLEY W R CORP COM 084423102 9361 210987 SH SOLE 210987 0 0 CADENCE DESIGN SYSTEM INC NOTE 1.500%12/1 127387AF5 27456 27500000 PRN SOLE 27500000 0 0 CARNIVAL CORP PAIRED CTF 143658300 7687 224100 SH SOLE 224100 0 0 CHECK POINT SOFTWARE TECH LT ORD M22465104 9516 202507 SH SOLE 202507 0 0 CISCO SYS INC COM 17275R102 13768 658900 SH SOLE 658900 0 0 CLOROX CO DEL COM 189054109 4299 48565 SH SOLE 48565 0 0 COACH INC COM 189754104 8153 163100 SH SOLE 163100 0 0 COCA COLA CO COM 191216100 15570 385005 SH SOLE 385005 0 0 COLGATE PALMOLIVE CO COM 194162103 4172 35344 SH SOLE 35344 0 0 DARDEN RESTAURANTS INC COM 237194105 13116 253790 SH SOLE 253790 0 0 DELL INC COM 24702R101 850 59284 SH SOLE 59284 0 0 DOLBY LABORATORIES INC COM 25659T107 1674 49871 SH SOLE 49871 0 0 EBAY INC COM 278642103 8580 158250 SH SOLE 158250 0 0 ELLINGTON FINANCIAL LLC COM 288522303 6188 250000 SH SOLE 250000 0 0 EXPRESS SCRIPTS HLDG CO COM 30219G108 9914 172065 SH SOLE 172065 0 0 EXXON MOBIL CORP COM 30231G102 3474 38557 SH SOLE 38557 0 0 FOSSIL INC COM 349882100 3864 40000 SH SOLE 40000 0 0 GENERAL MLS INC COM 370334104 4515 91559 SH SOLE 91559 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 12714 86400 SH SOLE 86400 0 0 INTEL CORP COM 458140100 3959 181309 SH SOLE 181309 0 0 INTUIT COM 461202103 11589 176500 SH SOLE 176500 0 0 JDS UNIPHASE CORP NOTE 1.000% 5/1 46612JAD3 37976 38000000 PRN SOLE 38000000 0 0 JOHNSON & JOHNSON COM 478160104 13431 164737 SH SOLE 164737 0 0 KELLOGG CO COM 487836108 4224 65558 SH SOLE 65558 0 0 KINDER MORGAN INC DEL COM 49456B101 16493 426400 SH SOLE 426400 0 0 KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 2570 500000 SH SOLE 500000 0 0 MCDONALDS CORP COM 580135101 4066 40788 SH SOLE 40788 0 0 MEDTRONIC INC NOTE 1.625% 4/1 585055AM8 37851 37850000 PRN SOLE 37850000 0 0 MSCI INC COM 55354G100 10957 322932 SH SOLE 322932 0 0 NETAPP INC COM 64110D104 7706 225600 SH SOLE 225600 0 0 NORFOLK SOUTHERN CORP COM 655844108 4314 55968 SH SOLE 55968 0 0 ORACLE CORP COM 68389X105 10049 310819 SH SOLE 310819 0 0 PEPSICO INC COM 713448108 4162 52613 SH SOLE 52613 0 0 PROCTER & GAMBLE CO COM 742718109 3967 51473 SH SOLE 51473 0 0 PROGRESSIVE CORP OHIO COM 743315103 10270 406400 SH SOLE 406400 0 0 SANDISK CORP NOTE 1.000% 5/1 80004CAC5 38217 38250000 PRN SOLE 38250000 0 0 SONIC CORP COM 835451105 7260 563700 SH SOLE 563700 0 0 SYMANTEC CORP COM 871503108 14063 569800 SH SOLE 569800 0 0 SYSCO CORP COM 871829107 15659 445263 SH SOLE 445263 0 0 TARGET CORP COM 87612E106 9768 142700 SH SOLE 142700 0 0 TJX COS INC NEW COM 872540109 11599 248100 SH SOLE 248100 0 0 TRANSOCEAN LTD REG SHS H8817H100 8224 158279 SH SOLE 158279 0 0 WAL-MART STORES INC COM 931142103 4234 56584 SH SOLE 56584 0 0