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
Abbott Laboratories COM 2824100 76 2,200 SH   DFND 1 2,200 0 0
AbbVie Inc COM 00287Y109 91 2,200 SH   DFND 1 2,200 0 0
Align Technology Inc COM 16255101 28 775 SH   DFND 1 775 0 0
Alleghany Corp COM 17175100 159 417 SH   DFND 1 417 0 0
Altria Group Inc COM 02209S103 4,355 124,507 SH   DFND 1 124,507 0 0
American Express Co COM 25816109 112 1,500 SH   DFND 1 1,500 0 0
Anadarko Petroleum Corp COM 32511107 1,670 19,450 SH   DFND 1 19,450 0 0
Apache Corp COM 37411105 150 1,800 SH   DFND 1 1,800 0 0
Apple Inc COM 37833100 89 225 SH   DFND 1 225 0 0
Applied Materials Inc COM 38222105 101 6,808 SH   DFND 1 6,808 0 0
AT&T Inc COM 00206R102 209 5,930 SH   DFND 1 5,930 0 0
Baker Hughes Inc COM 57224107 13 300 SH   DFND 1 300 0 0
Bank of New York Mellon Corp/The COM 64058100 487 17,387 SH   DFND 1 17,387 0 0
Berkshire Hathaway Inc DEL CL B NEW 84670702 10,801 96,550 SH   DFND 1 96,550 0 0
Brookfield Asset Mgmt Inc CL A LTD VT SH 112585104 504 14,000 SH   DFND 1 14,000 0 0
Carnival Corp PAIRED CTF 143658300 267 7,800 SH   DFND 1 7,800 0 0
Chevron Corp COM 166764100 497 4,200 SH   DFND 1 4,200 0 0
Consol Energy Inc COM 20854P109 42 1,585 SH   DFND 1 1,585 0 0
Citigroup Inc COM 172967424 21,854 455,731 SH   DFND 1 455,731 0 0
Crimson Wine Group Ltd COM 22662X100 3 0 SH   DFND 1 0 0 0
CVS Caremark Corp COM 126650100 6,379 111,600 SH   DFND 1 111,600 0 0
Dollar General Corp COM 256677105 84 1,665 SH   DFND 1 1,665 0 0
Dr Pepper Snapple Group Inc COM 26138E109 171 3,724 SH   DFND 1 3,724 0 0
eBay Inc COM 278642103 538 10,379 SH   DFND 1 10,379 0 0
Exelon Corp COM 30161N101 49 1,600 SH   DFND 1 1,600 0 0
Exxon Mobil Corp COM 30231G102 237 2,640 SH   DFND 1 2,640 0 0
Express Scripts Holding Co COM 30219G108 84 1,377 SH   DFND 1 1,377 0 0
FLIR Systems Inc COM 302445101 83 3,101 SH   DFND 1 3,101 0 0
Google Inc CL A 38259P508 15,832 17,995 SH   DFND 1 17,995 0 0
Hershey Co/The COM 427866108 139 1,560 SH   DFND 1 1,560 0 0
Intel Corp COM 458140100 86 3,580 SH   DFND 1 3,580 0 0
International Business Machines Corp COM 459200101 229 1,200 SH   DFND 1 1,200 0 0
Johnson & Johnson COM 478160104 214 2,500 SH   DFND 1 2,500 0 0
KeyCorp COM 493267108 37 3,432 SH   DFND 1 3,432 0 0
Kimberly-Clark Corp COM 494368103 36 375 SH   DFND 1 375 0 0
Laboratory Corp of America Holdings COM 50540R409 4,861 48,585 SH   DFND 1 48,585 0 0
Leucadia National Corp COM 527288104 3,244 123,800 SH   DFND 1 123,800 0 0
Lockheed Martin Corp COM 539830109 32 300 SH   DFND 1 300 0 0
Lorillard Inc COM 544147101 157 3,600 SH   DFND 1 3,600 0 0
Marsh & McLennan Cos Inc COM 571748102 6,673 167,165 SH   DFND 1 167,165 0 0
Mattel Inc COM 577081102 109 2,420 SH   DFND 1 2,420 0 0
Merck & Co Inc COM 58933Y105 241 5,198 SH   DFND 1 5,198 0 0
Microsoft Corp COM 594918104 27,296 790,385 SH   DFND 1 790,385 0 0
Mosaic Co/The COM 61945C103 1,317 24,487 SH   DFND 1 24,487 0 0
Newmont Mining Corp COM 651639106 58 1,950 SH   DFND 1 1,950 0 0
Northern Trust Corp COM 665859104 4,656 80,395 SH   DFND 1 80,395 0 0
Paychex Inc COM 704326107 467 12,805 SH   DFND 1 12,805 0 0
Pfizer Inc COM 717081103 95 3,400 SH   DFND 1 3,400 0 0
Philip Morris International Inc COM 718172109 7,795 90,055 SH   DFND 1 90,055 0 0
Praxair Inc COM 74005P104 5,008 43,500 SH   DFND 1 43,500 0 0
Principal Financial Group Inc COM 74251V102 142 3,835 SH   DFND 1 3,835 0 0
Procter & Gamble Co/The COM 742718109 53 701 SH   DFND 1 701 0 0
QUALCOMM Inc COM 747525103 73 1,200 SH   DFND 1 1,200 0 0
Quarto Group Inc COM 74772E109 8 6,000 SH   DFND 1 6,000 0 0
Quest Diagnostics Inc COM 74834L100 121 2,000 SH   DFND 1 2,000 0 0
Reynolds American Inc COM 761713106 809 16,783 SH   DFND 1 16,783 0 0
Schlumberger Com COM 806857108 717 10,000 SH   DFND 1 10,000 0 0
Sotheby's COM 835898107 37 1,000 SH   DFND 1 1,000 0 0
Sprint Nextel Corp COM SER 1 852061100 37 5,400 SH   DFND 1 5,400 0 0
Sysco Corp COM 871829107 97 2,860 SH   DFND 1 2,860 0 0
Symantec Corp COM 871503108 71 3,200 SH   DFND 1 3,200 0 0
Union Pacific Corp COM 907818108 306 1,985 SH   DFND 1 1,985 0 0
UnitedHealth Group Inc COM 91324P102 2,154 32,900 SH   DFND 1 32,900 0 0
United Parcel Service Inc CL B 911312106 855 9,900 SH   DFND 1 9,900 0 0
United Technologies Corp COM 913017109 485 2,020 SH   DFND 1 2,020 0 0
Varian Medical Systems Inc COM 92220P105 8,784 130,230 SH   DFND 1 130,230 0 0
Waters Corp COM 941848103 12,493 124,910 SH   DFND 1 124,910 0 0
Yum! Brands Inc COM 988498101 146 2,123 SH   DFND 1 2,123 0 0