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 467 11,300 SH   SOLE   11,300 0 0
DIGITAL REALTY TRUST INC COM 253868103 627 9,450 SH   SOLE   9,450 0 0
HCP INC COM 40414l109 719 16,332 SH   SOLE   16,332 0 0
HEALTH CARE REIT INC COM 42217K106 700 9,250 SH   SOLE   9,250 0 0
KIMCO REALTY CORP COM 49446R109 851 33,850 SH   SOLE   33,850 0 0
LIBERTY PROPERTY TRUST COM 531172104 489 13,000 SH   SOLE   13,000 0 0
SIMON PROPERTY GROUP INC COM 828806109 2,852 15,662 SH   SOLE   15,662 0 0
UDR INC COM 902653104 307 9,960 SH   SOLE   9,960 0 0
W P CAREY INC COM 92936U109 1,738 24,800 SH   SOLE   24,800 0 0
WEYERHAEUSER CO COM 962166104 1,951 54,370 SH   SOLE   54,370 0 0
3M COMPANY COM 88579Y101 2,850 17,343 SH   SOLE   17,343 0 0
A T & T INC COM 00206R102 1,153 34,316 SH   SOLE   34,316 0 0
ABBOTT LABORATORIES COM 002824100 2,029 45,075 SH   SOLE   45,075 0 0
ABBVIE INC COM 00287Y109 3,643 55,675 SH   SOLE   55,675 0 0
ACCENTURE PLC - CL A COM G1151C101 2,334 26,135 SH   SOLE   26,135 0 0
ACTAVIS PLC COM G0083B108 2,393 9,295 SH   SOLE   9,295 0 0
AFFILIATED MANAGERS GROUP INC COM 008252108 2,435 11,475 SH   SOLE   11,475 0 0
AFLAC INC COM 001055102 791 12,950 SH   SOLE   12,950 0 0
AGRIUM INC COM 008916108 403 4,250 SH   SOLE   4,250 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 3,294 22,839 SH   SOLE   22,839 0 0
AIRGAS INC COM 009363102 835 7,250 SH   SOLE   7,250 0 0
ALLSTATE CORPORATION COM 020002101 226 3,215 SH   SOLE   3,215 0 0
ALTRIA GROUP INC COM 02209S103 483 9,800 SH   SOLE   9,800 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 2,394 44,645 SH   SOLE   44,645 0 0
AMERICAN EXPRESS COM 025816109 1,133 12,175 SH   SOLE   12,175 0 0
AMERICAN WATER WORKS CO INC COM 030420103 560 10,500 SH   SOLE   10,500 0 0
AMERIGAS PARTNERS LP COM 030975106 230 4,800 SH   SOLE   4,800 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 3,737 28,260 SH   SOLE   28,260 0 0
AMGEN INC COM 031162100 3,619 22,720 SH   SOLE   22,720 0 0
APACHE CORP COM 037411105 580 9,262 SH   SOLE   9,262 0 0
APPLE INC COM 037833100 1,006 9,115 SH   SOLE   9,115 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 250 3,000 SH   SOLE   3,000 0 0
AVAGO TECHNOLOGIES LTD COM Y0486S104 1,906 18,950 SH   SOLE   18,950 0 0
BANK OF AMERICA CORP COM 060505104 209 11,700 SH   SOLE   11,700 0 0
BAXTER INT'L COM 071813109 1,004 13,700 SH   SOLE   13,700 0 0
BECTON DICKINSON & CO COM 075887109 1,567 11,260 SH   SOLE   11,260 0 0
BP PLC COM 055622104 203 5,317 SH   SOLE   5,317 0 0
BRISTOL-MYERS SQUIBB COM 110122108 1,388 23,511 SH   SOLE   23,511 0 0
BUCKEYE PARTNERS L P UNIT LTD COM 118230101 477 6,300 SH   SOLE   6,300 0 0
CAPITAL ONE FINANCIAL CORP VA COM 14040H105 2,476 29,995 SH   SOLE   29,995 0 0
CATERPILLAR INC COM 149123101 2,005 21,900 SH   SOLE   21,900 0 0
CDW CORP OF DELAWARE COM 12514g108 1,594 45,335 SH   SOLE   45,335 0 0
CENTURYLINK INC COM 156700106 241 6,092 SH   SOLE   6,092 0 0
CF INDUSTRIES HOLDINGS INC COM 125269100 1,819 6,675 SH   SOLE   6,675 0 0
CHEVRON CORP COM 166764100 3,050 27,189 SH   SOLE   27,189 0 0
CHURCH & DWIGHT INC COM 171340102 433 5,500 SH   SOLE   5,500 0 0
COCA-COLA COM 191216100 1,139 26,982 SH   SOLE   26,982 0 0
COLGATE PALMOLIVE CO COM 194162103 436 6,300 SH   SOLE   6,300 0 0
CONOCOPHILLIPS COM 20825C104 4,066 58,876 SH   SOLE   58,876 0 0
CSX CORP COM 126408103 1,631 45,025 SH   SOLE   45,025 0 0
CVS HEALTH CORPORATION COM 126650100 4,525 46,985 SH   SOLE   46,985 0 0
D.R. HORTON INC COM 23331A109 2,320 91,755 SH   SOLE   91,755 0 0
DARDEN RESTAURANTS INC COM 237194105 240 4,100 SH   SOLE   4,100 0 0
DEERE & CO COM 244199105 909 10,275 SH   SOLE   10,275 0 0
DEVON ENERGY CORP COM 25179M103 352 5,750 SH   SOLE   5,750 0 0
DIAGEO PLC ADR COM 25243Q205 1,415 12,400 SH   SOLE   12,400 0 0
DOMINION RESOURCES INC VA COM 25746U109 249 3,234 SH   SOLE   3,234 0 0
DOVER CORP COM 260003108 491 6,850 SH   SOLE   6,850 0 0
DOW CHEMICAL CO COM 260543103 3,160 69,280 SH   SOLE   69,280 0 0
DU PONT EI DE NEMOURS COM 263534109 2,093 28,305 SH   SOLE   28,305 0 0
DUKE ENERGY CO COM 26441C204 1,137 13,616 SH   SOLE   13,616 0 0
EATON CORP PLC COM G29183103 4,519 66,489 SH   SOLE   66,489 0 0
ELI LILLY CO COM 532457108 1,376 19,950 SH   SOLE   19,950 0 0
EMERSON ELECTRIC COM 291011104 1,034 16,748 SH   SOLE   16,748 0 0
ENSCO PLC - CL A COM G3157S106 353 11,775 SH   SOLE   11,775 0 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 2,697 31,850 SH   SOLE   31,850 0 0
EXXON MOBIL CORPORATION COM 30231G102 4,187 45,293 SH   SOLE   45,293 0 0
FAMILY DOLLAR STORES COM 307000109 1,013 12,786 SH   SOLE   12,786 0 0
FEDEX CORPORATION COM 31428X106 2,930 16,870 SH   SOLE   16,870 0 0
FISERV INC COM 337738108 674 9,500 SH   SOLE   9,500 0 0
FORD MOTOR COMPANY COM 345370860 2,866 184,925 SH   SOLE   184,925 0 0
FREEPORT-MCMORAN INC COM 35671D857 582 24,915 SH   SOLE   24,915 0 0
GENERAL ELECTRIC COM 369604103 4,121 163,090 SH   SOLE   163,090 0 0
GILEAD SCIENCES INC COM 375558103 1,190 12,620 SH   SOLE   12,620 0 0
GLAXOSMITHKLINE PLC ADR COM 37733W105 362 8,463 SH   SOLE   8,463 0 0
HALLIBURTON CO COM 406216101 1,515 38,520 SH   SOLE   38,520 0 0
HARRIS CORP COM 413875105 525 7,315 SH   SOLE   7,315 0 0
HARTFORD FINANCIAL SERVICES GR COM 416515104 373 8,942 SH   SOLE   8,942 0 0
HESS CORP COM 42809H107 374 5,060 SH   SOLE   5,060 0 0
HONEYWELL INTL INC COM 438516106 3,163 31,660 SH   SOLE   31,660 0 0
INGERSOLL-RAND PLC COM G47791101 437 6,900 SH   SOLE   6,900 0 0
INT'L BUSINESS MACHINES CORP COM 459200101 2,905 18,105 SH   SOLE   18,105 0 0
INTEL CORP COM 458140100 1,197 32,976 SH   SOLE   32,976 0 0
JOHNSON & JOHNSON COM 478160104 2,612 24,981 SH   SOLE   24,981 0 0
JOHNSON CONTROLS COM 478366107 648 13,400 SH   SOLE   13,400 0 0
JPMORGAN CHASE & CO. COM 46625H100 3,320 53,045 SH   SOLE   53,045 0 0
KAYNE ANDERSON MLP INVT CO COM 486606106 1,943 50,900 SH   SOLE   50,900 0 0
KIMBERLY-CLARK CORP COM 494368103 3,120 27,000 SH   SOLE   27,000 0 0
KINDER MORGAN INC COM 49456B101 452 10,682 SH   SOLE   10,682 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 227 1,800 SH   SOLE   1,800 0 0
LYONDELL BASELL INDUSTRIES - C COM N53745100 1,371 17,265 SH   SOLE   17,265 0 0
MACY'S INC COM 55616P104 2,464 37,480 SH   SOLE   37,480 0 0
MARATHON OIL CORP COM 565849106 218 7,700 SH   SOLE   7,700 0 0
MARATHON PETROLEUM CORP COM 56585A102 226 2,500 SH   SOLE   2,500 0 0
MERCK & CO INC/NJ COM 58933Y105 864 15,208 SH   SOLE   15,208 0 0
MEREDITH CORP COM 589433101 225 4,150 SH   SOLE   4,150 0 0
METLIFE INC COM 59156R108 2,875 53,150 SH   SOLE   53,150 0 0
MICROSOFT CORP COM 594918104 2,266 48,773 SH   SOLE   48,773 0 0
MOHAWK INDUSTRIES INC COM 608190104 1,533 9,865 SH   SOLE   9,865 0 0
MORGAN STANLEY COM 617446448 1,707 44,005 SH   SOLE   44,005 0 0
MYLAN INC COM 628530107 2,981 52,890 SH   SOLE   52,890 0 0
McDONALDS CORP COM 580135101 3,041 32,450 SH   SOLE   32,450 0 0
NATIONAL OILWELL VARCO INC COM 637071101 295 4,500 SH   SOLE   4,500 0 0
NEXTERA ENERGY INC COM 65339F101 1,218 11,462 SH   SOLE   11,462 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,765 25,225 SH   SOLE   25,225 0 0
NOVARTIS AG COM 66987v109 496 5,350 SH   SOLE   5,350 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 2,556 31,710 SH   SOLE   31,710 0 0
OMNICOM GROUP INC COM 681919106 372 4,800 SH   SOLE   4,800 0 0
ORACLE CORPORATION COM 68389X105 3,743 83,224 SH   SOLE   83,224 0 0
PARKER-HANNIFIN COM 701094104 587 4,549 SH   SOLE   4,549 0 0
PENTAIR PLC COM G7S00T104 1,204 18,123 SH   SOLE   18,123 0 0
PEPSICO INC COM 713448108 2,049 21,667 SH   SOLE   21,667 0 0
PFIZER INC COM 717081103 1,577 50,610 SH   SOLE   50,610 0 0
PHILIP MORRIS INTERNATIONAL IN COM 718172109 285 3,500 SH   SOLE   3,500 0 0
PHILLIPS 66 COM 718546104 2,907 40,537 SH   SOLE   40,537 0 0
PIEDMONT NATURAL GAS COM 720186105 319 8,100 SH   SOLE   8,100 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 1,045 11,450 SH   SOLE   11,450 0 0
PPG INDUSTRIES INC COM 693506107 869 3,760 SH   SOLE   3,760 0 0
PPL CORP COM 69351T106 383 10,542 SH   SOLE   10,542 0 0
PROCTER & GAMBLE COM 742718109 714 7,833 SH   SOLE   7,833 0 0
PRUDENTIAL FINANCIAL COM 744320102 3,378 37,340 SH   SOLE   37,340 0 0
QUALCOMM INC COM 747525103 2,890 38,885 SH   SOLE   38,885 0 0
RAYTHEON COM 755111507 1,393 12,875 SH   SOLE   12,875 0 0
ROYAL DUTCH SHELL PLC COM 780259206 285 4,250 SH   SOLE   4,250 0 0
RPM INC COM 749685103 1,045 20,600 SH   SOLE   20,600 0 0
SCHLUMBERGER LTD COM 806857108 371 4,343 SH   SOLE   4,343 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 3,376 46,435 SH   SOLE   46,435 0 0
STANLEY BLACK DECKER INC COM 854502101 1,964 20,445 SH   SOLE   20,445 0 0
TARGET CORP COM 87612E106 271 3,575 SH   SOLE   3,575 0 0
TE CONNECTIVITY LTD COM H84989104 1,807 28,565 SH   SOLE   28,565 0 0
THE TRAVELERS COMPANIES INC COM 89417E109 2,163 20,435 SH   SOLE   20,435 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 2,365 18,880 SH   SOLE   18,880 0 0
TORCHMARK CORP COM 891027104 447 8,254 SH   SOLE   8,254 0 0
TORONTO-DOMINION BANK COM 891160509 2,305 48,250 SH   SOLE   48,250 0 0
TOTAL SA SPON ADR COM 89151E109 246 4,799 SH   SOLE   4,799 0 0
TYCO INTERNATIONAL PLC COM G91442106 1,171 26,700 SH   SOLE   26,700 0 0
U.S. BANCORP COM 902973304 423 9,405 SH   SOLE   9,405 0 0
UGI CORP COM 902681105 809 21,300 SH   SOLE   21,300 0 0
UNION PACIFIC CORP COM 907818108 2,751 23,090 SH   SOLE   23,090 0 0
UNITED PARCEL SERVICE INC COM 911312106 9,404 84,592 SH   SOLE   84,592 0 0
UNITED RENTALS COM 911363109 2,242 21,980 SH   SOLE   21,980 0 0
UNITED TECHNOLOGIES CORP COM 913017109 4,811 41,836 SH   SOLE   41,836 0 0
V F CORP COM 918204108 2,491 33,258 SH   SOLE   33,258 0 0
VERIZON COMMUNICATIONS COM 92343V104 2,042 43,655 SH   SOLE   43,655 0 0
WASTE MANAGEMENT INC COM 94106L109 2,562 49,925 SH   SOLE   49,925 0 0
WD-40 CO COM 929236107 459 5,400 SH   SOLE   5,400 0 0
WELLS FARGO & CO COM 949746101 836 15,250 SH   SOLE   15,250 0 0
WHIRLPOOL CORP COM 963320106 4,225 21,805 SH   SOLE   21,805 0 0
ZIMMER HOLDINGS INC COM 98956P102 2,012 17,738 SH   SOLE   17,738 0 0
ISHARES NASDAQ BIOTECH ETF COM 464287556 811 2,675 SH   SOLE   2,675 0 0
ISHARES MSCI EMERGING MKTS FD COM 464287234 2,683 68,280 SH   SOLE   68,280 0 0
ISHARES MSCI PACIFIC EX JAPAN COM 464286665 1,496 34,050 SH   SOLE   34,050 0 0
VANGUARD FTSE EMERGING MARKETS COM 922042858 342 8,548 SH   SOLE   8,548 0 0