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
3M COMPANY COM 88579Y101 9,094 43,327 SH   SOLE   0 0 43,327
ABBOTT LABS COM COM 002824100 6,213 116,441 SH   SOLE   0 0 116,291
ABBVIE INC. COM 00287Y109 12,067 135,803 SH   SOLE   0 0 135,803
AIR LEASE CORP COM 00912X302 300 7,050 SH   SOLE   0 0 7,050
ALCOA COM 013817507 2,585 55,450 SH   SOLE   0 0 55,450
ALLERGAN INC. COM 018490102 1,399 6,825 SH   SOLE   0 0 6,825
ALPHABET CLASS A COM 02079K305 782 803 SH   SOLE   0 0 803
ALPHABET CLASS C COM 02079K107 448 467 SH   SOLE   0 0 467
ALTRIA GROUP INC COM 02209S103 7,942 125,231 SH   SOLE   0 0 125,231
AMAZON.COM COM 023135106 514 535 SH   SOLE   0 0 535
AMER INT'L GROUP COM 026874784 841 13,700 SH   SOLE   0 0 13,700
AMERICAN CAMPUS COM 024835100 556 12,600 SH   SOLE   0 0 12,600
AMERICAN EXPRESS COM 025816109 2,121 23,450 SH   SOLE   0 0 23,450
AMERICAN TOWER COM 03027X100 7,484 54,758 SH   SOLE   0 0 54,758
ANADARKO PETRO COM 032511107 878 17,975 SH   SOLE   0 0 17,975
APACHE CORP COM 037411105 347 7,575 SH   SOLE   0 0 7,575
APOLLO INVESTMENT COM 03761U106 61 10,000 SH   SOLE   0 0 10,000
APPLE COMPUTER COM 037833100 15,701 101,876 SH   SOLE   0 0 101,876
APPLIED MATERIALS COM 038222105 15,623 299,927 SH   SOLE   0 0 299,927
ARCONIC INC COM 03965L100 3,110 125,000 SH   SOLE   0 0 125,000
AT&T COM 00206r102 1,178 30,069 SH   SOLE   0 0 30,069
AVALONBAY COM 053484101 727 4,073 SH   SOLE   0 0 4,073
BANK OF AMERICA COM 060505104 11,205 442,175 SH   SOLE   0 0 442,175
BLACKSTONE COM 09253u108 2,217 66,450 SH   SOLE   0 0 66,450
BOEING COM 097023105 12,719 50,033 SH   SOLE   0 0 50,033
BRISTOL-MYERS COM 110122108 5,208 81,706 SH   SOLE   0 0 81,706
BRITISH AMERICAN COM 110448017 4,403 70,500 SH   SOLE   0 0 70,500
CAMDEN PROPERTY COM 133131102 786 8,600 SH   SOLE   0 0 8,600
CATERPILLAR COM 149123101 6,859 55,000 SH   SOLE   0 0 55,000
CELGENE CORP COM 151022104 882 6,050 SH   SOLE   0 0 6,050
CHARLES SCHWAB COM 808513105 4,059 92,809 SH   SOLE   0 0 92,509
CHEVRON CORP COM 166764100 9,153 77,898 SH   SOLE   0 0 77,898
CITIGROUP INC COM 172967101 9,428 129,614 SH   SOLE   0 0 129,614
CLEAN ENRGY FUEL COM 184499101 26 10,500 SH   SOLE   0 0 10,500
CLOROX COMPANY COM 189054109 791 6,000 SH   SOLE   0 0 6,000
COMCAST CL A COM 20030N101 7,525 195,556 SH   SOLE   0 0 195,556
COMM BK BAY OAKLAND CA COM 203485107 154 30,000 SH   SOLE   0 0 30,000
CONOCOPHILLIPS COM 20825c104 4,698 93,870 SH   SOLE   0 0 93,870
CONSTELLATION COM 21036P108 329 1,650 SH   SOLE   0 0 1,650
COSTCO WHOLESALE COM 22160K105 268 1,633 SH   SOLE   0 0 1,633
COVANTA HLDG CORP COM 22282E102 458 30,808 SH   SOLE   0 0 30,358
CROWN CASTLE INT'L COM 22822V101 703 7,027 SH   SOLE   0 0 6,877
CYRUSONE INC COM 23283R100 6,128 103,980 SH   SOLE   0 0 103,980
DISNEY, WALT CO COM 254687106 4,813 48,829 SH   SOLE   0 0 48,829
DOWDUPONT INC COM 26078J100 8,786 126,906 SH   SOLE   0 0 126,756
DXC TECHNOLOGY COM 23355L106 223 2,600 SH   SOLE   0 0 2,600
ENABLE MIDSTREAM COM 292480100 197 12,350 SH   SOLE   0 0 12,350
ENRGY TRNSFR EQU COM 29273v100 292 16,800 SH   SOLE   0 0 16,800
ENRGY TRNSFR PRT COM 29273R109 2,222 121,488 SH   SOLE   0 0 120,888
ENTERPRISE PRODS COM 293792107 7,356 282,164 SH   SOLE   0 0 281,764
EQT MIDSTREAM COM 26885B100 247 3,300 SH   SOLE   0 0 3,300
EXPRESS SCRIPTS COM 302182100 507 8,000 SH   SOLE   0 0 8,000
EXXON MOBIL CORP COM 30231G102 6,673 81,400 SH   SOLE   0 0 81,400
FACEBOOK, INC. COM 30303M102 5,533 32,379 SH   SOLE   0 0 32,379
FIRE EYE, INC COM 31816Q101 178 10,600 SH   SOLE   0 0 10,600
FIRST REPUBLIC COM 33616C100 9,819 94,000 SH   SOLE   0 0 94,000
FLOWERS FOODS COM 343498101 282 15,000 SH   SOLE   0 0 15,000
FRANKLIN RES COM 354613101 481 10,800 SH   SOLE   0 0 10,800
FREEPORT MCMORAN COM 35671d857 831 59,200 SH   SOLE   0 0 59,200
GAP INC COM 364760108 785 26,600 SH   SOLE   0 0 26,600
GENERAL ELECTRIC COM 369604103 1,607 66,453 SH   SOLE   0 0 66,453
GENERAL MILLS INC COM 370334104 2,900 56,020 SH   SOLE   0 0 56,020
GILEAD SCIENCES INC COM 375558103 421 5,200 SH   SOLE   0 0 5,200
GOLDMAN SACHS COM 38141G104 5,425 22,870 SH   SOLE   0 0 22,870
HALLIBURTON CO COM 406216101 1,511 32,830 SH   SOLE   0 0 32,830
HEWLETT-PACKARD COM 428236103 771 38,650 SH   SOLE   0 0 38,650
HEWLETT-PACKARD ENT COM 42824C109 377 25,600 SH   SOLE   0 0 25,600
HILTON WORLDWIDE COM 43300a203 691 9,950 SH   SOLE   0 0 9,950
HOLLY ENERGY COM 435763107 287 8,600 SH   SOLE   0 0 8,600
HOME DEPOT INC COM 437076102 6,274 38,358 SH   SOLE   0 0 38,358
HONEYWELL INTL COM 438516106 9,564 67,475 SH   SOLE   0 0 67,475
IBM CORPORATION COM 459200101 1,464 10,092 SH   SOLE   0 0 10,092
INTEL CORPORATION COM 458140100 4,468 117,341 SH   SOLE   0 0 117,341
INTL PAPER COM 460146103 6,033 106,170 SH   SOLE   0 0 105,970
JC PENNEY COM 708160106 106 27,900 SH   SOLE   0 0 27,900
JOHN. & JOHN. COM 478160104 7,884 60,640 SH   SOLE   0 0 60,540
JP MORGAN CHASE COM 46625H100 12,160 127,316 SH   SOLE   0 0 127,066
KEYCORP COM 493267108 442 23,500 SH   SOLE   0 0 23,500
KINDER MORGAN COM 49456B101 4,025 209,859 SH   SOLE   0 0 209,859
KOHLBERG KRAVIS COM 48248M102 706 34,750 SH   SOLE   0 0 34,350
LAM RESEARCH CORP COM 512807108 1,365 7,375 SH   SOLE   0 0 7,375
LAMB WESTON COM 513272104 1,191 25,400 SH   SOLE   0 0 25,400
LILLY, ELI & CO COM 532457108 7,787 91,032 SH   SOLE   0 0 91,032
LOCKHEED MARTIN COM 539830109 7,815 25,185 SH   SOLE   0 0 25,185
MACERICH CO COM 554382101 354 6,436 SH   SOLE   0 0 6,436
MAGELLAN COM 559080106 632 8,900 SH   SOLE   0 0 8,900
MARRIOTT INTL COM 571903202 5,634 51,100 SH   SOLE   0 0 51,100
MERCK & CO INC COM 589331107 8,253 128,892 SH   SOLE   0 0 128,642
MICROSOFT CORP COM 594918104 8,329 111,817 SH   SOLE   0 0 111,517
MONDELEZ INTL COM 609207105 1,152 28,321 SH   SOLE   0 0 28,121
MONSANTO COM 61166w101 5,664 47,275 SH   SOLE   0 0 47,275
MORGAN STANLEY COM 617446448 6,315 131,100 SH   SOLE   0 0 131,100
NESTLE SA COM 641069406 373 4,437 SH   SOLE   0 0 4,437
NUCOR CORP COM 670346105 4,312 76,950 SH   SOLE   0 0 76,950
NVIDIA CORP COM 67066G104 13,862 77,540 SH   SOLE   0 0 77,540
ORACLE CORP COM 68389X105 549 11,355 SH   SOLE   0 0 11,355
PAYPAL COM 70450Y103 205 3,200 SH   SOLE   0 0 3,200
PEPSICO INC COM 713448108 7,479 67,120 SH   SOLE   0 0 67,020
PFIZER INC COM 717081103 6,417 179,742 SH   SOLE   0 0 179,442
PHILIP MORRIS INTL COM 718172109 7,492 67,490 SH   SOLE   0 0 67,390
PINNACLE FOODS COM 72348P104 6,490 113,517 SH   SOLE   0 0 113,517
PROCTER & GAMBLE COM 742718109 16,826 184,942 SH   SOLE   0 0 184,842
PROLOGIS COM 74340W103 13,294 209,481 SH   SOLE   0 0 209,481
QUOTIENT TECH. COM 749119103 87,505 5,591,350 SH   SOLE   0 0 5,591,350
RAYTHEON COM 755111507 5,845 31,325 SH   SOLE   0 0 31,325
REGENCY CENTERS COM 758847103 335 5,400 SH   SOLE   0 0 5,400
RIO TINTO COM 767204100 7,540 159,788 SH   SOLE   0 0 159,588
RYL DTCH SHELL COM 780259206 7,672 126,645 SH   SOLE   0 0 126,645
SALESFORCE.COM COM 79466L302 1,708 18,288 SH   SOLE   0 0 18,288
SIMON PPTY GRP INC COM 828806109 643 3,995 SH   SOLE   0 0 3,995
STARBUCKS CORP COM 855244109 1,770 32,951 SH   SOLE   0 0 32,951
TARGA CORP COM 87612G101 1,627 34,395 SH   SOLE   0 0 34,395
TRANSCANADA CORP COM 89353D107 247 5,000 SH   SOLE   0 0 5,000
TWITTER INC COM 90184L102 846 50,150 SH   SOLE   0 0 50,150
UNION PACIFIC COM 907818108 6,725 57,985 SH   SOLE   0 0 57,985
UNITED TECH COM 913017109 5,048 43,489 SH   SOLE   0 0 43,489
US STEEL CORP COM 912909108 681 26,550 SH   SOLE   0 0 26,550
VAREX IMAGING COM 92214X106 217 6,400 SH   SOLE   0 0 6,400
VARIAN MEDICAL SYS COM 92220P105 1,601 16,000 SH   SOLE   0 0 16,000
VENTAS INC. COM 92276F100 703 10,800 SH   SOLE   0 0 10,800
VERIZON COMM COM 92343V104 5,634 113,837 SH   SOLE   0 0 113,687
VISA INC CL A COM 92826c839 11,246 106,857 SH   SOLE   0 0 106,857
VORNADO RLTY COM 929042109 2,953 38,409 SH   SOLE   0 0 38,409
WAL-MART STORES COM 931142103 2,326 29,768 SH   SOLE   0 0 29,768
WALGREEN CO COM 931427108 2,261 29,280 SH   SOLE   0 0 29,130
WELLS FARGO & CO COM 949746101 6,880 124,742 SH   SOLE   0 0 124,742
WESTERN GAS COM 958254104 665 12,975 SH   SOLE   0 0 12,975
WEYERHAEUSER COM 984332106 3,769 110,757 SH   SOLE   0 0 110,457
WILLIAMS COS INC COM 969457100 878 29,250 SH   SOLE   0 0 29,250
WILLIAMS PARTNERS COM 96950f104 638 16,407 SH   SOLE   0 0 16,207