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
AMERICAN CAMPUS COMMUNITIES IN COM 024835100 432 11,300 SH   SOLE   11,300 0 0
DIGITAL REALTY TRUST INC COM 253868103 2,003 34,350 SH   SOLE   34,350 0 0
HCP INC COM 40414l109 634 15,332 SH   SOLE   15,332 0 0
HEALTH CARE REIT INC COM 42217K106 523 8,350 SH   SOLE   8,350 0 0
KIMCO REALTY CORP COM 49446R109 750 32,650 SH   SOLE   32,650 0 0
LIBERTY PROPERTY TRUST COM 531172104 652 17,200 SH   SOLE   17,200 0 0
SIMON PROPERTY GROUP INC COM 828806109 2,565 15,427 SH   SOLE   15,427 0 0
UDR INC COM 902653104 216 7,560 SH   SOLE   7,560 0 0
W P CAREY INC COM 92936U109 1,507 23,400 SH   SOLE   23,400 0 0
3M COMPANY COM 88579Y101 2,486 17,358 SH   SOLE   17,358 0 0
A T & T INC COM 00206R102 1,217 34,416 SH   SOLE   34,416 0 0
ABBOTT LABORATORIES COM 002824100 1,857 45,405 SH   SOLE   45,405 0 0
ABBVIE INC COM 00287Y109 3,090 54,755 SH   SOLE   54,755 0 0
ACCENTURE PLC - CL A COM G1151C101 2,138 26,450 SH   SOLE   26,450 0 0
ACTAVIS PLC COM G0083B108 2,205 9,885 SH   SOLE   9,885 0 0
AFFILIATED MANAGERS GROUP INC COM 008252108 2,208 10,750 SH   SOLE   10,750 0 0
AFLAC INC COM 001055102 819 13,150 SH   SOLE   13,150 0 0
AGRIUM INC COM 008916108 444 4,850 SH   SOLE   4,850 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 3,424 26,624 SH   SOLE   26,624 0 0
AIRGAS INC COM 009363102 806 7,400 SH   SOLE   7,400 0 0
ALLSTATE CORPORATION COM 020002101 208 3,540 SH   SOLE   3,540 0 0
ALTRIA GROUP INC COM 02209S103 482 11,500 SH   SOLE   11,500 0 0
AMERICAN EXPRESS COM 025816109 1,179 12,425 SH   SOLE   12,425 0 0
AMERICAN WATER WORKS CO INC COM 030420103 539 10,900 SH   SOLE   10,900 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 3,525 29,375 SH   SOLE   29,375 0 0
AMGEN INC COM 031162100 3,311 27,975 SH   SOLE   27,975 0 0
APACHE CORP COM 037411105 1,090 10,837 SH   SOLE   10,837 0 0
APPLE INC COM 037833100 833 8,960 SH   SOLE   8,960 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 238 3,000 SH   SOLE   3,000 0 0
AVAGO TECHNOLOGIES LTD COM Y0486S104 1,308 18,150 SH   SOLE   18,150 0 0
BANK OF AMERICA CORP COM 060505104 164 10,700 SH   SOLE   10,700 0 0
BAXTER INT'L COM 071813109 994 13,750 SH   SOLE   13,750 0 0
BECTON DICKINSON & CO COM 075887109 1,386 11,720 SH   SOLE   11,720 0 0
BED BATH AND BEYOND INC COM 075896100 382 6,650 SH   SOLE   6,650 0 0
BP PLC COM 055622104 291 5,517 SH   SOLE   5,517 0 0
BRISTOL-MYERS SQUIBB COM 110122108 1,141 23,511 SH   SOLE   23,511 0 0
BUCKEYE PARTNERS L P UNIT LTD COM 118230101 523 6,300 SH   SOLE   6,300 0 0
CAPITAL ONE FINANCIAL CORP VA COM 14040H105 2,611 31,605 SH   SOLE   31,605 0 0
CATERPILLAR INC COM 149123101 4,183 38,490 SH   SOLE   38,490 0 0
CENTURYLINK INC COM 156700106 221 6,092 SH   SOLE   6,092 0 0
CF INDUSTRIES HOLDINGS INC COM 125269100 313 1,300 SH   SOLE   1,300 0 0
CHEVRON CORP COM 166764100 3,530 27,039 SH   SOLE   27,039 0 0
CHICAGO BRIDGE AND IRON COMPAN COM 167250109 1,750 25,655 SH   SOLE   25,655 0 0
CHURCH & DWIGHT INC COM 171340102 385 5,500 SH   SOLE   5,500 0 0
COCA-COLA COM 191216100 1,143 26,982 SH   SOLE   26,982 0 0
COLGATE PALMOLIVE CO COM 194162103 430 6,300 SH   SOLE   6,300 0 0
CONOCOPHILLIPS COM 20825C104 2,949 34,401 SH   SOLE   34,401 0 0
CSX CORP COM 126408103 1,407 45,675 SH   SOLE   45,675 0 0
CVS CAREMARK CORP COM 126650100 3,710 49,225 SH   SOLE   49,225 0 0
DARDEN RESTAURANTS INC COM 237194105 224 4,850 SH   SOLE   4,850 0 0
DEERE & CO COM 244199105 1,725 19,050 SH   SOLE   19,050 0 0
DEVON ENERGY CORP COM 25179M103 2,154 27,125 SH   SOLE   27,125 0 0
DIAGEO PLC ADR COM 25243Q205 1,578 12,400 SH   SOLE   12,400 0 0
DOMINION RESOURCES INC VA COM 25746U109 231 3,234 SH   SOLE   3,234 0 0
DOVER CORP COM 260003108 641 7,050 SH   SOLE   7,050 0 0
DOW CHEMICAL CO COM 260543103 3,285 63,835 SH   SOLE   63,835 0 0
DU PONT EI DE NEMOURS COM 263534109 1,793 27,405 SH   SOLE   27,405 0 0
DUKE ENERGY CO COM 26441C204 1,084 14,615 SH   SOLE   14,615 0 0
EATON CORP PLC COM G29183103 5,131 66,479 SH   SOLE   66,479 0 0
ELI LILLY CO COM 532457108 1,240 19,950 SH   SOLE   19,950 0 0
EMERSON ELECTRIC COM 291011104 1,111 16,748 SH   SOLE   16,748 0 0
ENSCO PLC - CL A COM G3157S106 3,394 61,070 SH   SOLE   61,070 0 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 2,246 32,395 SH   SOLE   32,395 0 0
EXXON MOBIL CORPORATION COM 30231G102 4,725 46,928 SH   SOLE   46,928 0 0
FAMILY DOLLAR STORES COM 307000109 1,123 16,986 SH   SOLE   16,986 0 0
FEDEX CORPORATION COM 31428X106 2,637 17,420 SH   SOLE   17,420 0 0
FISERV INC COM 337738108 591 9,800 SH   SOLE   9,800 0 0
FORD MOTOR COMPANY COM 345370860 3,394 196,895 SH   SOLE   196,895 0 0
FREEPORT-MCMORAN INC COM 35671D857 3,412 93,475 SH   SOLE   93,475 0 0
GENERAL ELECTRIC COM 369604103 4,337 165,040 SH   SOLE   165,040 0 0
GLAXOSMITHKLINE PLC ADR COM 37733W105 458 8,563 SH   SOLE   8,563 0 0
HALLIBURTON CO COM 406216101 2,679 37,725 SH   SOLE   37,725 0 0
HARRIS CORP COM 413875105 584 7,715 SH   SOLE   7,715 0 0
HARTFORD FINANCIAL SERVICES GR COM 416515104 359 10,031 SH   SOLE   10,031 0 0
HERTZ GLOBAL HOLDINGS COM 42805T105 2,835 101,125 SH   SOLE   101,125 0 0
HESS CORP COM 42809H107 601 6,075 SH   SOLE   6,075 0 0
HONEYWELL INTL INC COM 438516106 2,964 31,885 SH   SOLE   31,885 0 0
INGERSOLL-RAND PLC COM G47791101 445 7,125 SH   SOLE   7,125 0 0
INT'L BUSINESS MACHINES CORP COM 459200101 4,974 27,440 SH   SOLE   27,440 0 0
INTEL CORP COM 458140100 1,041 33,676 SH   SOLE   33,676 0 0
JOHNSON & JOHNSON COM 478160104 2,697 25,781 SH   SOLE   25,781 0 0
JPMORGAN CHASE & CO. COM 46625H100 3,195 55,450 SH   SOLE   55,450 0 0
KAYNE ANDERSON MLP INVT CO COM 486606106 2,006 50,900 SH   SOLE   50,900 0 0
KIMBERLY-CLARK CORP COM 494368103 3,092 27,800 SH   SOLE   27,800 0 0
KINDER MORGAN ENERGY PRTNRS COM 494550106 395 4,800 SH   SOLE   4,800 0 0
KOHLS CORP WISC PV COM 500255104 303 5,750 SH   SOLE   5,750 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 217 1,800 SH   SOLE   1,800 0 0
LYONDELL BASELL INDUSTRIES - C COM N53745100 2,262 23,165 SH   SOLE   23,165 0 0
MACY'S INC COM 55616P104 1,899 32,725 SH   SOLE   32,725 0 0
MARATHON OIL CORP COM 565849106 307 7,700 SH   SOLE   7,700 0 0
MERCK & CO INC/NJ COM 58933Y105 880 15,208 SH   SOLE   15,208 0 0
MEREDITH CORP COM 589433101 201 4,150 SH   SOLE   4,150 0 0
METLIFE INC COM 59156R108 3,084 55,500 SH   SOLE   55,500 0 0
MICROSOFT CORP COM 594918104 2,106 50,513 SH   SOLE   50,513 0 0
MURPHY OIL CORP COM 626717102 302 4,550 SH   SOLE   4,550 0 0
MYLAN INC COM 628530107 2,408 46,695 SH   SOLE   46,695 0 0
McDONALDS CORP COM 580135101 3,244 32,200 SH   SOLE   32,200 0 0
NATIONAL OILWELL VARCO INC COM 637071101 457 5,550 SH   SOLE   5,550 0 0
NEXTERA ENERGY INC COM 65339F101 1,292 12,612 SH   SOLE   12,612 0 0
NOBLE CORP PLC COM G65431101 460 13,700 SH   SOLE   13,700 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,118 10,850 SH   SOLE   10,850 0 0
NOVARTIS AG COM 66987v109 484 5,350 SH   SOLE   5,350 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 213 11,350 SH   SOLE   11,350 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 3,414 33,265 SH   SOLE   33,265 0 0
OMNICOM GROUP INC COM 681919106 342 4,800 SH   SOLE   4,800 0 0
ORACLE CORPORATION COM 68389X105 3,469 85,594 SH   SOLE   85,594 0 0
PARKER-HANNIFIN COM 701094104 534 4,249 SH   SOLE   4,249 0 0
PENTAIR PLC COM G7S00T104 521 7,223 SH   SOLE   7,223 0 0
PEPSICO INC COM 713448108 1,954 21,867 SH   SOLE   21,867 0 0
PFIZER INC COM 717081103 1,502 50,610 SH   SOLE   50,610 0 0
PHILIP MORRIS INTERNATIONAL IN COM 718172109 295 3,500 SH   SOLE   3,500 0 0
PHILLIPS 66 COM 718546104 2,933 36,464 SH   SOLE   36,464 0 0
PIEDMONT NATURAL GAS COM 720186105 303 8,100 SH   SOLE   8,100 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 1,046 11,750 SH   SOLE   11,750 0 0
PPG INDUSTRIES INC COM 693506107 830 3,950 SH   SOLE   3,950 0 0
PPL CORP COM 69351T106 403 11,342 SH   SOLE   11,342 0 0
PROCTER & GAMBLE COM 742718109 620 7,883 SH   SOLE   7,883 0 0
PRUDENTIAL FINANCIAL COM 744320102 3,465 39,030 SH   SOLE   39,030 0 0
QUALCOMM INC COM 747525103 2,892 36,520 SH   SOLE   36,520 0 0
RAYTHEON COM 755111507 1,215 13,175 SH   SOLE   13,175 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 2,418 43,485 SH   SOLE   43,485 0 0
ROYAL DUTCH SHELL PLC COM 780259206 350 4,250 SH   SOLE   4,250 0 0
RPM INC COM 749685103 970 21,000 SH   SOLE   21,000 0 0
SCHLUMBERGER LTD COM 806857108 241 2,043 SH   SOLE   2,043 0 0
SEADRILL LTD COM G7945E105 320 8,000 SH   SOLE   8,000 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 2,781 59,210 SH   SOLE   59,210 0 0
STANLEY BLACK DECKER INC COM 854502101 1,886 21,480 SH   SOLE   21,480 0 0
TARGET CORP COM 87612E106 213 3,675 SH   SOLE   3,675 0 0
TE CONNECTIVITY LTD COM H84989104 1,249 20,195 SH   SOLE   20,195 0 0
TEREX CORP COM 880779103 201 4,900 SH   SOLE   4,900 0 0
THE MOSAIC CO COM 61945C103 547 11,055 SH   SOLE   11,055 0 0
THE TRAVELERS COMPANIES INC COM 89417e109 2,023 21,510 SH   SOLE   21,510 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 2,129 18,040 SH   SOLE   18,040 0 0
TORCHMARK CORP COM 891027104 487 5,950 SH   SOLE   5,950 0 0
TORONTO-DOMINION BANK COM 891160509 1,987 38,655 SH   SOLE   38,655 0 0
TOTAL SA SPON ADR COM 89151E109 570 7,899 SH   SOLE   7,899 0 0
TYCO INTERNATIONAL LTD COM H89128104 1,236 27,100 SH   SOLE   27,100 0 0
U.S. BANCORP COM 902973304 420 9,705 SH   SOLE   9,705 0 0
UGI CORP COM 902681105 742 14,700 SH   SOLE   14,700 0 0
UNION PACIFIC CORP COM 907818108 2,966 29,730 SH   SOLE   29,730 0 0
UNITED PARCEL SERVICE INC COM 911312106 11,008 107,229 SH   SOLE   107,229 0 0
UNITED RENTALS COM 911363109 2,461 23,500 SH   SOLE   23,500 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2,695 23,346 SH   SOLE   23,346 0 0
V F CORP COM 918204108 3,761 59,695 SH   SOLE   59,695 0 0
VERIZON COMMUNICATIONS COM 92343V104 3,923 80,180 SH   SOLE   80,180 0 0
WASTE MANAGEMENT INC COM 94106L109 2,243 50,155 SH   SOLE   50,155 0 0
WD-40 CO COM 929236107 406 5,400 SH   SOLE   5,400 0 0
WELLS FARGO & CO COM 949746101 823 15,650 SH   SOLE   15,650 0 0
WHIRLPOOL CORP COM 963320106 2,585 18,570 SH   SOLE   18,570 0 0
WHITING PETROLEUM CORP COM 966387102 2,364 29,460 SH   SOLE   29,460 0 0
ZIMMER HOLDINGS INC COM 98956P102 1,951 18,788 SH   SOLE   18,788 0 0
ISHARES NASDAQ BIOTECH ETF COM 464287556 688 2,675 SH   SOLE   2,675 0 0
ISHARES MSCI EMERGING MKTS FD COM 464287234 2,675 61,880 SH   SOLE   61,880 0 0
ISHARES MSCI PACIFIC EX JAPAN COM 464286665 1,719 34,900 SH   SOLE   34,900 0 0
VANGUARD FTSE EMERGING MARKETS COM 922042858 326 7,548 SH   SOLE   7,548 0 0