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 6,346 38,600 SH   SOLE   0 0 38,600
ABBOTT LABS COM COM 002824100 10,230 122,261 SH   SOLE   0 0 122,111
ABBVIE INC. COM 00287Y109 5,823 76,900 SH   SOLE   0 0 76,900
ACTIVISION COM 00507V109 675 12,750 SH   SOLE   0 0 12,750
ADOBE SYSTEMS COM 00724f101 276 1,000 SH   SOLE   0 0 1,000
ADVANCED MICRO DEV COM 007903107 3,690 127,275 SH   SOLE   0 0 126,975
ALCON INC COM H01301128 684 11,729 SH   SOLE   0 0 11,729
ALIBABA GROUP COM 01609W102 201 1,200 SH   SOLE   0 0 1,200
ALPHABET CLASS A COM 02079K305 855 700 SH   SOLE   0 0 700
ALPHABET CLASS C COM 02079K107 482 395 SH   SOLE   0 0 395
ALTRIA GROUP INC COM 02209S103 4,815 117,722 SH   SOLE   0 0 117,722
AMAZON.COM COM 023135106 1,476 850 SH   SOLE   0 0 850
AMC ENTERTAINMENT COM 00165C104 1,675 156,575 SH   SOLE   0 0 156,575
AMERICAN CAMPUS COM 024835100 337 7,000 SH   SOLE   0 0 7,000
AMERICAN EXPRESS COM 025816109 2,726 23,050 SH   SOLE   0 0 23,050
AMERICAN TOWER COM 03027X100 10,702 48,395 SH   SOLE   0 0 48,395
APPLE COMPUTER COM 037833100 20,091 89,705 SH   SOLE   0 0 89,705
APPLIED MATERIALS COM 038222105 14,037 281,300 SH   SOLE   0 0 281,300
AT&T COM 00206r102 11,944 315,632 SH   SOLE   0 0 315,632
AVALONBAY COM 053484101 923 4,285 SH   SOLE   0 0 4,285
BANK OF AMERICA COM 060505104 13,452 461,155 SH   SOLE   0 0 461,155
BLACKSTONE COM 09253u108 3,907 80,000 SH   SOLE   0 0 80,000
BOEING COM 097023105 20,351 53,488 SH   SOLE   0 0 53,488
BRISTOL-MYERS COM 110122108 6,773 133,565 SH   SOLE   0 0 133,565
BROADCOM LTD COM Y09827109 7,459 27,020 SH   SOLE   0 0 27,020
CAMDEN PROPERTY COM 133131102 897 8,084 SH   SOLE   0 0 8,084
CATERPILLAR COM 149123101 10,707 84,765 SH   SOLE   0 0 84,765
CHARLES SCHWAB COM 808513105 1,008 24,100 SH   SOLE   0 0 23,700
CHEVRON CORP COM 166764100 8,885 74,920 SH   SOLE   0 0 74,920
CIENA CORP COM 171779309 1,251 31,900 SH   SOLE   0 0 31,900
CIGNA CORP COM 125523100 304 2,000 SH   SOLE   0 0 2,000
CINEMARK HLDGS COM 17243V102 1,188 30,755 SH   SOLE   0 0 30,755
CISCO SYSTEMS INC COM 17275R102 6,517 131,898 SH   SOLE   0 0 131,898
CITIGROUP INC COM 172967101 13,490 195,284 SH   SOLE   0 0 195,284
CLEAN ENRGY FUEL COM 184499101 49 23,500 SH   SOLE   0 0 23,500
CLOROX COMPANY COM 189054109 911 6,000 SH   SOLE   0 0 6,000
CME GROUP INC COM 12572Q105 232 1,100 SH   SOLE   0 0 1,100
COMCAST CL A COM 20030N101 7,014 155,600 SH   SOLE   0 0 155,600
COMM BK BAY OAKLAND CA COM 203485107 210 30,000 SH   SOLE   0 0 30,000
CONOCOPHILLIPS COM 20825c104 234 4,100 SH   SOLE   0 0 4,100
CONSTELLATION COM 21036P108 11,198 54,025 SH   SOLE   0 0 54,025
COSTCO WHOLESALE COM 22160K105 831 2,885 SH   SOLE   0 0 2,885
COVANTA HLDG CORP COM 22282E102 365 21,125 SH   SOLE   0 0 20,675
CROWN CASTLE INT'L COM 22822V101 1,254 9,018 SH   SOLE   0 0 8,868
CYRUSONE INC COM 23283R100 9,934 125,590 SH   SOLE   0 0 125,590
DIGITAL REALTY TR COM 253868103 9,464 72,910 SH   SOLE   0 0 72,910
DISNEY, WALT CO COM 254687106 10,673 81,897 SH   SOLE   0 0 81,897
DOW CHEMICAL COM 260543103 3,024 63,470 SH   SOLE   0 0 63,470
DUPONT de NEMOURS COM 26614N102 3,965 55,600 SH   SOLE   0 0 55,600
ENERGY TRANSFER COM 29273v100 169 12,900 SH   SOLE   0 0 12,900
ENTERPRISE PRODS COM 293792107 1,203 42,100 SH   SOLE   0 0 42,100
EXACT SCIENCES CORP COM 30063P105 594 6,575 SH   SOLE   0 0 6,575
EXXON MOBIL CORP COM 30231G102 2,302 32,600 SH   SOLE   0 0 32,600
FACEBOOK, INC. COM 30303M102 508 2,850 SH   SOLE   0 0 2,850
FIRST REPUBLIC COM 33616C100 9,090 94,000 SH   SOLE   0 0 94,000
FIRST SOLAR COM 336433107 271 4,675 SH   SOLE   0 0 4,675
FLOWERS FOODS COM 343498101 231 10,000 SH   SOLE   0 0 10,000
FORD MOTOR CO COM 349862300 8,488 926,606 SH   SOLE   0 0 926,606
FRANKLIN RES COM 354613101 312 10,800 SH   SOLE   0 0 10,800
FREEPORT MCMORAN COM 35671d857 1,849 193,200 SH   SOLE   0 0 193,200
GAP INC COM 364760108 462 26,600 SH   SOLE   0 0 26,600
GENERAL ELECTRIC COM 369604103 3,987 446,000 SH   SOLE   0 0 446,000
HEWLETT-PACKARD COM 42824C109 388 25,600 SH   SOLE   0 0 25,600
HOLLY ENERGY COM 435763107 217 8,600 SH   SOLE   0 0 8,600
HOME DEPOT INC COM 437076102 8,900 38,358 SH   SOLE   0 0 38,358
HONEYWELL INTL COM 438516106 11,959 70,678 SH   SOLE   0 0 70,678
HP INC. COM 428236103 484 25,600 SH   SOLE   0 0 25,600
IBM CORPORATION COM 459200101 12,564 86,395 SH   SOLE   0 0 86,395
INTEL CORPORATION COM 458140100 5,429 105,350 SH   SOLE   0 0 105,350
JOHN. & JOHN. COM 478160104 8,947 69,151 SH   SOLE   0 0 68,981
JP MORGAN CHASE COM 46625H100 15,785 134,126 SH   SOLE   0 0 133,876
L3HARRIS TECHNOLOGIES COM 502431109 2,128 10,200 SH   SOLE   0 0 10,200
LAM RESEARCH CORP COM 512807108 930 4,025 SH   SOLE   0 0 4,025
LILLY, ELI & CO COM 532457108 8,938 79,925 SH   SOLE   0 0 79,925
LOCKHEED MARTIN COM 539830109 12,098 31,015 SH   SOLE   0 0 31,015
LUMENTUM HLDG COM 55024U109 782 14,600 SH   SOLE   0 0 14,600
MAGELLAN COM 559080106 504 7,600 SH   SOLE   0 0 7,600
MARRIOTT INTL COM 571903202 6,218 50,000 SH   SOLE   0 0 50,000
MERCK & CO INC COM 589331107 10,351 122,961 SH   SOLE   0 0 122,711
MICRON TECHNOLOGY COM 595112103 1,925 44,925 SH   SOLE   0 0 44,925
MICROSOFT CORP COM 594918104 23,764 170,924 SH   SOLE   0 0 170,549
MONDELEZ INTL COM 609207105 227 4,100 SH   SOLE   0 0 4,100
MORGAN STANLEY COM 617446448 5,357 125,550 SH   SOLE   0 0 125,550
NESTLE SA COM 641069406 382 3,525 SH   SOLE   0 0 3,525
NEW RESIDENTIAL INVEST COM 64828T201 293 18,700 SH   SOLE   0 0 18,700
NOVARTIS AG COM 66987V109 6,642 76,431 SH   SOLE   0 0 76,431
NUCOR CORP COM 670346105 3,999 78,550 SH   SOLE   0 0 78,550
NVIDIA CORP COM 67066G104 17,558 100,865 SH   SOLE   0 0 100,865
ORACLE CORP COM 68389X105 671 12,200 SH   SOLE   0 0 12,200
PEPSICO INC COM 713448108 7,294 53,200 SH   SOLE   0 0 53,200
PFIZER INC COM 717081103 7,550 210,118 SH   SOLE   0 0 209,818
PROCTER & GAMBLE COM 742718109 13,246 106,500 SH   SOLE   0 0 106,500
PROLOGIS COM 74340W103 17,723 207,971 SH   SOLE   0 0 207,971
QUOTIENT TECH. COM 749119103 41,676 5,329,350 SH   SOLE   0 0 5,329,350
RAYTHEON COM 755111507 10,262 52,307 SH   SOLE   0 0 52,307
REGENCY CENTERS COM 758847103 365 5,250 SH   SOLE   0 0 5,250
RIO TINTO COM 767204100 8,522 163,603 SH   SOLE   0 0 163,403
ROYAL CARIBBEAN COM V7780T103 9,658 89,155 SH   SOLE   0 0 89,155
SALESFORCE.COM COM 79466L302 7,764 52,305 SH   SOLE   0 0 52,305
SERVICENOW, INC COM 81762P102 6,669 26,270 SH   SOLE   0 0 26,270
SIMON PPTY GRP INC COM 828806109 632 4,060 SH   SOLE   0 0 4,060
SQUARE INC COM 852234103 8,243 133,060 SH   SOLE   0 0 133,060
STARWOOD PROP COM 85571B105 7,776 321,042 SH   SOLE   0 0 320,692
SUNRUN INC COM 86771W105 971 58,125 SH   SOLE   0 0 58,125
TAKE-TWO INTERACTVE COM 874054109 279 2,225 SH   SOLE   0 0 2,225
TC ENERGY CORP COM 87807B107 259 5,000 SH   SOLE   0 0 5,000
UNION PACIFIC COM 907818108 8,647 53,383 SH   SOLE   0 0 53,383
UNITED TECH COM 913017109 4,778 35,000 SH   SOLE   0 0 35,000
VALERO ENERGY CORP COM 91913Y100 469 5,500 SH   SOLE   0 0 5,500
VENTAS INC. COM 92276F100 438 6,000 SH   SOLE   0 0 6,000
VERIZON COMM COM 92343V104 7,921 131,230 SH   SOLE   0 0 131,080
VISA INC CL A COM 92826c839 21,129 122,835 SH   SOLE   0 0 122,835
VULCAN MATERIALS COM 929160109 371 2,450 SH   SOLE   0 0 2,450
WAL-MART STORES COM 931142103 3,597 30,310 SH   SOLE   0 0 30,310
WELLS FARGO & CO COM 949746101 3,634 72,050 SH   SOLE   0 0 72,050
WESTERN DIGITAL COM 958102105 14,314 240,004 SH   SOLE   0 0 239,804
WORKDAY INC COM 98138H101 914 5,375 SH   SOLE   0 0 5,375
VANGUARD 500 INDEX COM 922908710 1,280 4,661 SH   SOLE   0 0 4,661
VANGUARD CA INT COM 922021308 168 13,903 SH   SOLE   0 0 13,903
VANGUARD CA LONG COM 922021100 141 11,210 SH   SOLE   0 0 11,210