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
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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
Abbott LabsCOM0028241007139,855SH DFND19,85500
Abbvie IncCOM00287Y1098719,451SH DFND19,45100
Accenture PLC CL ACOMG1151C1016974,940SH DFND14,94000
Activision Blizzard IncCOM00507V10988919,099SH DFND119,09900
Adobe IncCOM00724F1011,5826,992SH DFND16,99200
Air Products & Chemicals, Inc.COM0091581063402,125SH DFND12,12500
Albemarle CorpCOM0126531013644,725SH DFND14,72500
Alexion Pharmaceuticals IncCOM0153511093553,650SH DFND13,65000
Alibaba Group HoldingsCOM01609W1021,38010,070SH DFND110,07000
Allergan PLCCOMG0177J1083062,288SH DFND12,28800
Allstate CorpCOM0200021013844,650SH DFND14,65000
Alphabet Inc Class ACOM02079K3051,7651,689SH DFND11,68900
Alphabet Inc Class CCOM02079K1071,7741,713SH DFND11,71300
Altria Group, Inc.COM02209S1031,36127,560SH DFND127,56000
Amazon.com, Inc.COM0231351065,0533,364SH DFND13,36400
Amdocs LtdCOMG026021032093,575SH DFND13,57500
American Electric PowerCOM0255371016789,070SH DFND19,07000
American ExpressCOM02581610996710,148SH DFND110,14800
Anadarko Petroleum Corp.COM0325111073798,641SH DFND18,64100
Anthem IncCOM0367521031,2384,712SH DFND14,71200
Apollo Global Management LLCCOM03761230628711,715SH DFND111,71500
Apple IncCOM0378331005,36734,023SH DFND134,02300
Ares Capital CorpCOM04010L10325216,200SH DFND116,20000
Arthur J. Gallagher & Co.COM36357610987511,870SH DFND111,87000
AT&T Inc.COM00206R1021,60656,274SH DFND156,27400
Atmos Energy Corp.COM0495601055245,650SH DFND15,65000
Bank of New York Mellon Corp.COM06405810073215,549SH DFND115,54900
BB&T CorporationCOM0549371074119,496SH DFND19,49600
Becton Dickinson and CoCOM075887109224995SH DFND199500
Biomarin Pharmaceutical IncCOM09061G1013183,735SH DFND13,73500
Blackstone Group LPCOM09253U10829810,000SH DFND110,00000
Bloomin Brands IncCOM09423510829516,505SH DFND116,50500
Boeing CompanyCOM0970231053,1949,903SH DFND19,90300
Boston Properties IncCOM1011211013042,700SH DFND12,70000
Broadcom IncCOM11135f1017753,049SH DFND13,04900
Callon Petroleum CoCOM13123X10222734,910SH DFND134,91000
Canadian Solar IncCOM13663510915610,845SH DFND110,84500
Capital One FinancialCOM14040H1054806,356SH DFND16,35600
Caterpillar Inc.COM1491231015033,955SH DFND13,95500
Celgene Corp.COM1510201044877,600SH DFND17,60000
Charles Schwab Corp.COM8085131051,15627,835SH DFND127,83500
Chart Industries IncCOM16115Q3083365,165SH DFND15,16500
Cheniere Energy IncCOM16411R2084537,655SH DFND17,65500
Chevron Corp.COM1667641001,51113,887SH DFND113,88700
Church & Dwight Co.COM17134010294514,375SH DFND114,37500
Cigna CorpCOM1255231003481,832SH DFND11,83200
Cinemark Holdings Inc.COM17243V1022978,300SH DFND18,30000
Cisco SystemsCOM17275R1021,46233,731SH DFND133,73100
Citigroup Inc.COM17296742476814,750SH DFND114,75000
CMS Energy Corp.COM12589610080116,123SH DFND116,12300
Coca-ColaCOM1912161001,29827,421SH DFND127,42100
Cognizant Tech Solutions Corp.COM1924461023976,260SH DFND16,26000
Columbia Sportswear CoCOM1985161065686,751SH DFND16,75100
Comcast CorpCOM20030N1011,33339,160SH DFND139,16000
Comerica, Inc.COM2003401072063,000SH DFND13,00000
Constellation BrandsCOM21036P1087814,855SH DFND14,85500
Corning Inc.COM21935010533911,218SH DFND111,21800
Costco Co.COM22160K1056163,025SH DFND13,02500
Covanta Holding CorpCOM22282E10216612,400SH DFND112,40000
Cracker Barrel Old Country StoCOM22410J1062401,500SH DFND11,50000
Crown Castle International CorCOM22822V1015324,895SH DFND14,89500
Cummins IncCOM2310211064773,570SH DFND13,57000
CVS Health CorpCOM12665010072511,064SH DFND111,06400
Danaher Corp.COM2358511028938,660SH DFND18,66000
Darden Restaurants Inc.COM2371941051,03810,395SH DFND110,39500
Davita IncCOM23918K1082655,140SH DFND15,14000
DCP Midstream LPCOM23311P1002077,800SH DFND17,80000
Delek US Holding IncCOM24665A10340112,335SH DFND112,33500
Digital RealtyCOM2538681034484,200SH DFND14,20000
Discovery IncCOM25470F10439215,835SH DFND115,83500
Dollar GeneralCOM2566771055705,271SH DFND15,27100
Dominion Energy IncCOM25746U1095247,333SH DFND17,33300
DowDuPont IncCOM26078J10075114,051SH DFND114,05100
Duke Energy Corp.COM26441C20489710,398SH DFND110,39800
Eagle Materials IncCOM26969P1082824,625SH DFND14,62500
Edison Int'lCOM2810201074808,450SH DFND18,45000
Electronic Arts Inc.COM2855121093674,646SH DFND14,64600
Enbridge IncCOM29250N10553517,224SH DFND117,22400
Enterprise Products Partners LCOM29379210731712,906SH DFND112,90600
EOG ResourcesCOM26875P1016487,435SH DFND17,43500
EPAM Systems IncCOM29414B1045414,660SH DFND14,66000
EPR PropertiesCOM26884U1092113,300SH DFND13,30000
Equity Residential PropertiesCOM29476L1073565,400SH DFND15,40000
Essex Property Trust IncCOM2971781052771,128SH DFND11,12800
Exact Sciences CorpCOM30063P10588714,050SH DFND114,05000
Expedia Group IncCOM30212P3034333,845SH DFND13,84500
Exxon Mobil Corp.COM30231G1021,80026,393SH DFND126,39300
Facebook IncCOM30303M1022,62720,040SH DFND120,04000
Fedex Corp.COM31428X1065193,215SH DFND13,21500
Fifth Third BancorpCOM31677310041517,623SH DFND117,62300
Flowserve Corp.COM34354P1052867,517SH DFND17,51700
Ford Motor Co.COM34537086014919,425SH DFND119,42500
Fortinet IncCOM34959E10991012,925SH DFND112,92500
Fortive CorpCOM34959J1082113,113SH DFND13,11300
Freeport-McMoRan IncCOM35671D85712411,995SH DFND111,99500
General Electric Co.COM36960410351968,557SH DFND168,55700
General Motors IncCOM37045V1002587,715SH DFND17,71500
Gilead Science IncCOM3755581035949,491SH DFND19,49100
Goldcorp IncCOM38095640935936,650SH DFND136,65000
Goldman Sachs GroupCOM38141G1047604,547SH DFND14,54700
Guidewire Software IncCOM40171V1004105,110SH DFND15,11000
Halliburton Co.COM40621610130311,392SH DFND111,39200
Hawaiian Electric Ind.COM4198701002958,050SH DFND18,05000
HCP IncCOM40414L1092288,175SH DFND18,17500
Hologic IncCOM4364401013287,975SH DFND17,97500
Home Depot, Inc.COM4370761022,73815,936SH DFND115,93600
Honeywell International, Inc.COM4385161061,53111,591SH DFND111,59100
Host Hotels & Resorts Inc.COM44107P10455933,542SH DFND133,54200
HP IncCOM40434L10539519,325SH DFND119,32500
Icahn Enterprises LPCOM4511001013175,550SH DFND15,55000
Imperva IncCOM45321L1003115,580SH DFND15,58000
Intel Corp.COM4581401001,77337,786SH DFND137,78600
International Business MachineCOM4592001017446,546SH DFND16,54600
Iron Mountain Inc.COM46284V10150215,480SH DFND115,48000
JD.com IncCOM47215P10625412,145SH DFND112,14500
Johnson & JohnsonCOM4781601042,39918,590SH DFND118,59000
JPMorgan Chase & Co.COM46625H1002,78228,499SH DFND128,49900
Kimco Realty Corp.COM49446R10914710,000SH DFND110,00000
Kinder Morgan Inc.COM49456B10116810,907SH DFND110,90700
KKR & Co IncCOM48251w10423211,825SH DFND111,82500
Kroger CoCOM50104410151218,610SH DFND118,61000
Lamar Advertising CoCOM5128161092143,100SH DFND13,10000
Las Vegas SandsCOM5178341072825,425SH DFND15,42500
Liberty Property TrustCOM5311721042596,175SH DFND16,17500
Lilly (Eli) & Co.COM5324571081,78415,416SH DFND115,41600
Lowe's Co.COM5486611071,43415,525SH DFND115,52500
Macerich Co.COM5543821012405,535SH DFND15,53500
Marathon Petroleum Corp.COM56585A1024177,075SH DFND17,07500
Marriott InternationalCOM5719032025855,390SH DFND15,39000
Marsh & McLennan Companies, InCOM5717481021,11814,025SH DFND114,02500
McCormick & Co.COM5797802066044,336SH DFND14,33600
McDonald's Corp.COM5801351011,78110,028SH DFND110,02800
Medtronic IncCOMG5960L1034835,308SH DFND15,30800
Merck & Co., Inc.COM58933Y1051,76723,120SH DFND123,12000
Metlife IncCOM59156R10846611,358SH DFND111,35800
Micron Technology Inc.COM5951121032728,565SH DFND18,56500
Microsoft CorpCOM5949181046,39562,961SH DFND162,96100
Minerals Technologies IncCOM6031581062825,485SH DFND15,48500
Molson Coors Brewing CompanyCOM60871R2095028,930SH DFND18,93000
Mondelez International IncCOM60920710553713,423SH DFND113,42300
Morgan Stanley, Dean Witter, DCOM61744644894323,773SH DFND123,77300
MRC Global IncCOM55345K10317814,590SH DFND114,59000
National Fuel Gas Co.COM6361801013536,900SH DFND16,90000
Netflix IncCOM64110L1061,0243,825SH DFND13,82500
NextEra Energy IncCOM65339F1018344,800SH DFND14,80000
Nisource Inc.COM65473P10548219,022SH DFND119,02200
Northrop Grumman Corp.COM6668071021,5266,230SH DFND16,23000
Nutrien LTDCOM67077M10850710,794SH DFND110,79400
NVIDIA Corp.COM67066G1046234,670SH DFND14,67000
Oaktree Specialty Lending CoCOM67401P1088820,815SH DFND120,81500
Oracle Corp.COM68389X1051,28328,418SH DFND128,41800
Palo Alto Networks IncCOM6974351053531,875SH DFND11,87500
PepsiCo, Inc.COM7134481081,35612,273SH DFND112,27300
Pfizer, Inc.COM7170811032,13248,848SH DFND148,84800
PNC Financial Services GroupCOM6934751051,26110,784SH DFND110,78400
PPG Industries, Inc.COM6935061071,04410,215SH DFND110,21500
PPL Corp.COM69351T10634312,090SH DFND112,09000
Principal Financial GroupCOM74251V10256412,763SH DFND112,76300
Procter & Gamble IncCOM7427181091,58517,245SH DFND117,24500
Prologis TrustCOM74340W10361810,530SH DFND110,53000
Prudential Financial, Inc.COM74432010285410,475SH DFND110,47500
PTC IncCOM69370C1006517,853SH DFND17,85300
Public Service Enterprise GrouCOM7445731062815,400SH DFND15,40000
Qualcomm Inc.COM74752510360310,593SH DFND110,59300
Quest Diagnostics IncCOM74834L1002212,650SH DFND12,65000
Red Hat Inc.COM7565771028674,935SH DFND14,93500
Rexnord CorpCOM76169B10229812,980SH DFND112,98000
RingCentral IncCOM76680R20693011,285SH DFND111,28500
Sabra Health Care REIT IncCOM78573L10621913,284SH DFND113,28400
Salesforce.com IncCOM79466L3021,0687,800SH DFND17,80000
Schlumberger Ltd.COM80685710842411,755SH DFND111,75500
Sealed Air Corp.COM81211K1002336,688SH DFND16,68800
Servicenow IncCOM81762P1027414,159SH DFND14,15900
Simon Property Group, Inc.COM8288061093412,030SH DFND12,03000
Southern Co.COM84258710775317,140SH DFND117,14000
Splunk IncCOM8486371047457,110SH DFND17,11000
Starbucks Corp.COM8552441094627,180SH DFND17,18000
T Mobile US IncCOM8725901045057,940SH DFND17,94000
Take-Two Interactive SoftwareCOM8740541094083,965SH DFND13,96500
Target Corp.COM87612E10699515,051SH DFND115,05100
Texas InstrumentsCOM8825081046126,471SH DFND16,47100
The Travelers Companies, Inc.COM89417E1095394,503SH DFND14,50300
Thermo Fisher Scientific IncCOM8835561021,3726,131SH DFND16,13100
Total System ServicesCOM8919061095606,884SH DFND16,88400
Tractor Supply CompanyCOM8923561062462,950SH DFND12,95000
Transcanada CorpCOM89353D1073339,316SH DFND19,31600
U.S. BancorpCOM90297330483218,206SH DFND118,20600
UDR IncCOM90265310441510,482SH DFND110,48200
Union PacificCOM9078181081,1828,552SH DFND18,55200
United Health Group Inc.COM91324P1021,5476,210SH DFND16,21000
United Parcel Services Cl BCOM9113121067787,975SH DFND17,97500
United TechnologiesCOM9130171099799,194SH DFND19,19400
Valero Energy Corp.COM91913Y1003114,150SH DFND14,15000
Vector Group LtdCOM92240M10813613,971SH DFND113,97100
Verizon Communications IncCOM92343V1041,48626,430SH DFND126,43000
Vertex Pharmaceuticals IncCOM92532F1005013,025SH DFND13,02500
Visa IncCOM92826C8391,1858,980SH DFND18,98000
Walgreens Boots Alliance IncCOM9314271084065,946SH DFND15,94600
Walmart Stores IncCOM9311421031,33714,348SH DFND114,34800
Walt Disney Co.COM2546871061,32112,050SH DFND112,05000
Wells Fargo Co.COM9497461011,19625,958SH DFND125,95800
Welltower IncCOM95040Q1042814,050SH DFND14,05000
Western DigitalCOM9581021052677,215SH DFND17,21500
Western Gas PartnersCOM9582541042626,200SH DFND16,20000
Weyerhaeuser Co.COM9621661042069,440SH DFND19,44000
Williams Cos.COM9694571002129,600SH DFND19,60000
ZoetisCOM98978V1037088,276SH DFND18,27600