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
APPLE INC COM 037833100 27,438 190,995 SH   SOLE   0 0 190,995
BANK OF THE OZARKS INC COM 063904106 6,464 124,275 SH   SOLE   0 0 124,275
BARCLAYS BK PLC IPATH S&P500 VIX 06740Q252 15,341 971,547 SH   SOLE   0 0 971,547
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 7,709 259,550 SH   SOLE   0 0 259,550
CISCO SYS INC COM 17275R102 21,217 627,725 SH   SOLE   0 0 627,725
CINTAS CORP COM 172908105 2,910 23,000 SH   SOLE   0 0 23,000
CITIGROUP INC COM NEW 172967424 8,616 144,025 SH   SOLE   0 0 144,025
DIAGEO P L C SPON ADR NEW 25243Q205 4,583 39,650 SH   SOLE   0 0 39,650
DISNEY WALT CO COM DISNEY 254687106 216 1,908 SH   SOLE   0 0 1,908
EXXON MOBIL CORP COM 30231G102 3,504 42,725 SH   SOLE   0 0 42,725
FEDERATED INVS INC PA CL B 314211103 7,159 271,800 SH   SOLE   0 0 271,800
HONEYWELL INTL INC COM 438516106 28,768 230,380 SH   SOLE   0 0 230,380
INTEL CORP COM 458140100 20,580 570,561 SH   SOLE   0 0 570,561
ISHARES TR CORE S&P MCP ETF 464287507 17,077 99,740 SH   SOLE   0 0 99,740
ISHARES TR CORE S&P SCP ETF 464287804 17,014 246,014 SH   SOLE   0 0 246,014
JOHNSON & JOHNSON COM 478160104 18,455 148,171 SH   SOLE   0 0 148,171
KKR & CO L P DEL COM UNITS 48248M102 7,573 415,400 SH   SOLE   0 0 415,400
LAUDER ESTEE COS INC CL A 518439104 16,860 198,850 SH   SOLE   0 0 198,850
LOCKHEED MARTIN CORP COM 539830109 17,857 66,730 SH   SOLE   0 0 66,730
MERCK & CO INC COM 58933Y105 895 14,091 SH   SOLE   0 0 14,091
MICROSOFT CORP COM 594918104 22,422 340,450 SH   SOLE   0 0 340,450
NIKE INC CL B 654106103 8,130 145,875 SH   SOLE   0 0 145,875
PFIZER INC COM 717081103 18,039 527,292 SH   SOLE   0 0 527,292
PORTOLA PHARMACEUTICALS INC COM 737010108 4,907 125,200 SH   SOLE   0 0 125,200
PROCTER AND GAMBLE CO COM 742718109 30,141 335,454 SH   SOLE   0 0 335,454
QUALCOMM INC COM 747525103 16,784 292,705 SH   SOLE   0 0 292,705
QUEST DIAGNOSTICS INC COM 74834L100 22,979 234,025 SH   SOLE   0 0 234,025
SPDR S&P 500 ETF TR TR UNIT 78462F103 979 4,151 SH   SOLE   0 0 4,151
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 14,966 464,357 SH   SOLE   0 0 464,357
SOUTHERN CO COM 842587107 17,039 342,282 SH   SOLE   0 0 342,282
STAPLES INC COM 855030102 15,452 1,761,900 SH   SOLE   0 0 1,761,900
STURM RUGER & CO INC COM 864159108 4,035 75,350 SH   SOLE   0 0 75,350
TIME WARNER INC COM NEW 887317303 31,589 323,289 SH   SOLE   0 0 323,289
V F CORP COM 918204108 7,624 138,700 SH   SOLE   0 0 138,700
VALERO ENERGY CORP NEW COM 91913Y100 20,275 305,850 SH   SOLE   0 0 305,850
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 16,937 426,419 SH   SOLE   0 0 426,419
CHUBB LIMITED COM H1467J104 20,480 150,313 SH   SOLE   0 0 150,313