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
ACADIA PHARMACEUTICALS INC COM 004225108 562 19,500 SH   SOLE 19,500 0 0
ALLERGAN PLC SHS G0177J108 3,293 15,681 SH   SOLE 15,341 0 340
ALPHABET INC CAP STK CL C 02079K107 204 264 SH   SOLE 264 0 0
ALPHABET INC CAP STK CL A 02079K305 7,731 9,756 SH   SOLE 9,596 0 160
ALTRIA GROUP INC COM 02209S103 365 5,394 SH   SOLE 4,008 0 1,386
AMAZON COM INC COM 023135106 2,565 3,420 SH   SOLE 3,385 0 35
AMERICAN EXPRESS CO COM 025816109 1,768 23,871 SH   SOLE 23,321 0 550
AMGEN INC COM 031162100 292 2,000 SH   SOLE 2,000 0 0
APPLE INC COM 037833100 13,996 120,847 SH   SOLE 120,462 0 385
ARCONIC INC COM 03965L100 1,315 70,927 SH   SOLE 69,387 0 1,540
ARIAD PHARMACEUTICALS INC COM 04033A100 1,244 100,000 SH   SOLE 100,000 0 0
ASTERIAS BIOTHERAPEUTICS INC COM SER A 04624N107 55 12,008 SH   SOLE 12,008 0 0
AT&T INC COM 00206R102 282 6,631 SH   SOLE 6,631 0 0
BB&T CORP COM 054937107 2,075 44,125 SH   SOLE 43,425 0 700
BERKSHIRE HATHAWAY INC DEL CL A 084670108 244 1 SH   SOLE 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 334 2,050 SH   SOLE 2,050 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 249 3,000 SH   SOLE 3,000 0 0
BIOTIME INC COM 09066L105 415 115,000 SH   SOLE 115,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 611 10,455 SH   SOLE 9,495 0 960
CELGENE CORP COM 151020104 1,774 15,324 SH   SOLE 15,274 0 50
CHEVRON CORP NEW COM 166764100 473 4,020 SH   SOLE 4,020 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 381 1,011 SH   SOLE 1,011 0 0
CISCO SYS INC COM 17275R102 6,651 220,086 SH   SOLE 216,261 0 3,825
CITIGROUP INC COM NEW 172967424 841 14,144 SH   SOLE 13,619 0 525
COMCAST CORP NEW CL A 20030N101 1,982 28,700 SH   SOLE 27,475 0 1,225
DISNEY WALT CO COM DISNEY 254687106 281 2,694 SH   SOLE 2,694 0 0
DOW CHEM CO COM 260543103 6,268 109,538 SH   SOLE 107,688 0 1,850
DYNAVAX TECHNOLOGIES CORP COM NEW 268158201 43 11,000 SH   SOLE 11,000 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 270 14,000 SH   SOLE 14,000 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 345 12,775 SH   SOLE 12,775 0 0
EXXON MOBIL CORP COM 30231G102 5,098 56,481 SH   SOLE 55,781 0 700
FACEBOOK INC CL A 30303M102 885 7,687 SH   SOLE 7,687 0 0
GABELLI EQUITY TR INC COM 362397101 69 12,430 SH   SOLE 12,430 0 0
GENERAL ELECTRIC CO COM 369604103 6,738 213,219 SH   SOLE 209,569 0 3,650
GERON CORP COM 374163103 52 25,200 SH   SOLE 25,200 0 0
GILEAD SCIENCES INC COM 375558103 4,010 55,991 SH   SOLE 55,116 0 875
HOME DEPOT INC COM 437076102 4,366 32,563 SH   SOLE 31,883 0 680
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 2,440 76,875 SH   SOLE 75,875 0 1,000
INTERNATIONAL BUSINESS MACHS COM 459200101 5,827 35,104 SH   SOLE 35,104 0 0
ISHARES TR MSCI EAFE ETF 464287465 837 14,500 SH   SOLE 14,500 0 0
JOHNSON & JOHNSON COM 478160104 415 3,601 SH   SOLE 3,601 0 0
KATE SPADE & CO COM 485865109 933 50,000 SH   SOLE 50,000 0 0
LOCKHEED MARTIN CORP COM 539830109 4,485 17,943 SH   SOLE 17,868 0 75
MACYS INC COM 55616P104 2,248 62,788 SH   SOLE 61,988 0 800
MEDTRONIC PLC SHS G5960L103 3,886 54,562 SH   SOLE 53,862 0 700
MERCK & CO INC COM 58933Y105 302 5,136 SH   SOLE 5,136 0 0
MERRIMACK PHARMACEUTICALS IN COM 590328100 88 21,500 SH   SOLE 21,500 0 0
MICROSOFT CORP COM 594918104 5,406 86,995 SH   SOLE 85,745 0 1,250
ONCOCYTE CORPORATION COM 68235C107 84 11,950 SH   SOLE 11,950 0 0
PACWEST BANCORP DEL COM 695263103 6,206 114,001 SH   SOLE 114,001 0 0
PEPSICO INC COM 713448108 1,914 18,297 SH   SOLE 17,972 0 325
PFIZER INC COM 717081103 258 7,957 SH   SOLE 7,957 0 0
PHILIP MORRIS INTL INC COM 718172109 350 3,828 SH   SOLE 2,792 0 1,036
PROGENICS PHARMACEUTICALS IN COM 743187106 86 10,000 SH   SOLE 10,000 0 0
SCHLUMBERGER LTD COM 806857108 4,358 51,910 SH   SOLE 50,685 0 1,225
STARBUCKS CORP COM 855244109 4,327 77,943 SH   SOLE 76,443 0 1,500
STRYKER CORP COM 863667101 240 2,000 SH   SOLE 2,000 0 0
SYNERGY PHARMACEUTICALS DEL COM NEW 871639308 97 16,000 SH   SOLE 16,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 263 7,250 SH   SOLE 7,250 0 0
TOLL BROTHERS INC COM 889478103 1,366 44,050 SH   SOLE 43,900 0 150
TORONTO DOMINION BK ONT COM NEW 891160509 3,589 72,750 SH   SOLE 71,575 0 1,175
US BANCORP DEL COM NEW 902973304 5,393 104,985 SH   SOLE 102,735 0 2,250
VERIZON COMMUNICATIONS INC COM 92343V104 5,415 101,445 SH   SOLE 99,495 0 1,950
VISA INC COM CL A 92826C839 1,655 21,211 SH   SOLE 21,086 0 125
WASTE MGMT INC DEL COM 94106L109 3,508 49,475 SH   SOLE 48,525 0 950
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 223 3,800 SH   SOLE 3,800 0 0
XILINX INC COM 983919101 1,627 26,950 SH   SOLE 25,800 0 1,150
XPLORE TECHNOLOGIES CORP COM PAR $0.001 983950700 180 89,109 SH   SOLE 89,109 0 0