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
Goldman Sachs Grp Inc PFD 38144x500 411 16,450 SH   SOLE   0 0 16,450
3M Company COM 88579Y101 205 1,447 SH   SOLE   0 0 1,447
A T & T Corp COM 00206R102 378 10,728 SH   SOLE   0 0 10,728
A. J. Gallagher & Co COM 363576109 16,537 364,575 SH   SOLE   0 0 364,575
Abbvie Inc COM 00287Y109 7,060 122,234 SH   SOLE   0 0 122,234
Air Products & Chemicals Inc COM 009158106 1,503 11,542 SH   SOLE   0 0 11,542
Alibaba COM 01609W102 1,817 20,450 SH   SOLE   0 0 20,450
American Electric Power Inc COM 025537101 5,894 112,895 SH   SOLE   0 0 112,895
Amerigas Partners Inc COM 030975106 7,239 158,674 SH   SOLE   0 0 158,674
Anadarko Petroleum COM 032511107 24,225 238,815 SH   SOLE   0 0 238,815
Apache Corp COM 037411105 19,466 207,368 SH   SOLE   0 0 207,368
Applied Materials Inc COM 038222105 9,556 442,223 SH   SOLE   0 0 442,223
Avis Budget Car Group COM 053774105 4,001 72,900 SH   SOLE   0 0 72,900
Breitburn Energy Partners COM 106776107 5,416 266,550 SH   SOLE   0 0 266,550
Bristol-Myers Squibb COM 110122108 10,469 204,548 SH   SOLE   0 0 204,548
Canadian National Railroad COM 136375102 1,454 20,492 SH   SOLE   0 0 20,492
Canadian Pacific Ltd COM 13645T100 1,915 9,232 SH   SOLE   0 0 9,232
Chevron Corp COM 166764100 11,798 98,880 SH   SOLE   0 0 98,880
Colgate-Palmolive Co COM 194162103 3,647 55,911 SH   SOLE   0 0 55,911
Con Edison Co Of NY COM 209115104 245 4,325 SH   SOLE   0 0 4,325
Consumer Staples Select Sector COM 81369y308 3,900 86,445 SH   SOLE   0 0 86,445
Ctrip Com Intl COM 22943f100 3,569 62,874 SH   SOLE   0 0 62,874
Diageo Corp COM 25243Q205 387 3,356 SH   SOLE   0 0 3,356
Duke Energy COM 26441c204 7,424 99,286 SH   SOLE   0 0 99,286
Ellie Mae Inc COM 28849p100 5,868 180,009 SH   SOLE   0 0 180,009
Energy Transfer Part LP COM 29273r109 1,792 28,000 SH   SOLE   0 0 28,000
Enterprise Products COM 293792107 35,336 876,830 SH   SOLE   0 0 876,830
Equinix Inc COM 29444u502 7,520 35,392 SH   SOLE   0 0 35,392
Exxon Mobil Corp COM 30231G102 879 9,344 SH   SOLE   0 0 9,344
Facebook Inc COM 30303M102 233 2,950 SH   SOLE   0 0 2,950
First American Financial COM 31847r102 9,407 346,871 SH   SOLE   0 0 346,871
General Dynamics Corp COM 369550108 10,396 81,802 SH   SOLE   0 0 81,802
General Electric COM 369604103 1,490 58,160 SH   SOLE   0 0 58,160
General Mills Inc COM 370334104 2,965 58,777 SH   SOLE   0 0 58,777
Google Inc Cl A COM 38259p508 8,347 14,185 SH   SOLE   0 0 14,185
Google Inc CL C - Non-Voting COM 38259P706 7,029 12,174 SH   SOLE   0 0 12,174
Integrys Energy Group Inc COM 45822p105 339 5,225 SH   SOLE   0 0 5,225
Interxion Holdings COM n47279109 14,750 532,666 SH   SOLE   0 0 532,666
Intl Business Machines COM 459200101 651 3,427 SH   SOLE   0 0 3,427
Ishares Tr MSCI ACWI EX US Ind COM 464288240 4,059 89,245 SH   SOLE   0 0 89,245
ITT Industries Inc COM 450911201 19,575 435,591 SH   SOLE   0 0 435,591
Johnson & Johnson COM 478160104 3,679 34,520 SH   SOLE   0 0 34,520
Kinder Morgan Energy Partners COM 494550106 2,410 25,835 SH   SOLE   0 0 25,835
Kinder Morgan Inc COM 49456B101 8,766 228,635 SH   SOLE   0 0 228,635
Kraft Foods Group COM 50076Q106 1,033 18,323 SH   SOLE   0 0 18,323
Merck & Co COM 58933y105 15,157 255,683 SH   SOLE   0 0 255,683
Mondelez Intl Inc COM 609207105 1,295 37,804 SH   SOLE   0 0 37,804
Noble Energy COM 655044105 18,191 266,106 SH   SOLE   0 0 266,106
Norfolk Southern COM 655844108 9,840 88,175 SH   SOLE   0 0 88,175
Northrop Grumman Corp COM 666807102 4,242 32,198 SH   SOLE   0 0 32,198
Novartis AG-Sponsored ADR COM 66987V109 8,726 92,701 SH   SOLE   0 0 92,701
Pepsico COM 713448108 4,179 44,892 SH   SOLE   0 0 44,892
Phillips 66 COM 718546104 27,563 338,988 SH   SOLE   0 0 338,988
Phillips 66 Partners LP COM 718549207 17,794 266,575 SH   SOLE   0 0 266,575
Quanta Services Inc COM 74762E102 16,722 460,799 SH   SOLE   0 0 460,799
Range Resources Corp COM 75281a109 3,218 47,460 SH   SOLE   0 0 47,460
Realogy Holgs COM 75605y106 5,308 142,698 SH   SOLE   0 0 142,698
Sandisk Corp COM 80004C101 21,781 222,372 SH   SOLE   0 0 222,372
Schlumberger Ltd COM 806857108 22,329 219,577 SH   SOLE   0 0 219,577
Sector Spdr Tr Ben Int Financi COM 81369y605 7,162 309,090 SH   SOLE   0 0 309,090
Sector Spdr Tr Utilities Index COM 81369y886 1,392 33,081 SH   SOLE   0 0 33,081
Select Sector Spdr Fd Health C COM 81369y209 5,957 93,217 SH   SOLE   0 0 93,217
Select Sector Spdr Fd Material COM 81369y100 1,328 26,783 SH   SOLE   0 0 26,783
Select Sector Spdr Tr COM 81369Y704 4,799 90,301 SH   SOLE   0 0 90,301
Select Sector Spdr Tr Consumer COM 81369Y407 5,468 81,994 SH   SOLE   0 0 81,994
Select Sector Spdr Tr Energy COM 81369y506 4,391 48,452 SH   SOLE   0 0 48,452
South Jersey Industries COM 838518108 219 4,100 SH   SOLE   0 0 4,100
Southern Co COM 842587107 2,467 56,518 SH   SOLE   0 0 56,518
SPDR S&P 500 ETF Trust COM 78462F103 9,023 45,796 SH   SOLE   0 0 45,796
SPDR S&P Midcap 400 ETF Trust COM 78467Y107 3,395 13,618 SH   SOLE   0 0 13,618
Spdr Ser Tr S&P 600 Small Cap COM 78464A813 3,237 32,946 SH   SOLE   0 0 32,946
Spdr Ser Tr S&P Telecom ETF COM 78464A540 936 16,921 SH   SOLE   0 0 16,921
Spectra Energy Corp COM 847560109 15,738 400,875 SH   SOLE   0 0 400,875
Spirit Aerosystems Hldgs COM 848574109 26,884 706,370 SH   SOLE   0 0 706,370
T-Mobile COM 872590104 19,700 682,360 SH   SOLE   0 0 682,360
Technology Select Sector SPDR COM 81369Y803 7,265 182,071 SH   SOLE   0 0 182,071
Teekay Offshore Partners COM y8565j101 3,853 114,672 SH   SOLE   0 0 114,672
Time Inc COM 887228104 430 18,348 SH   SOLE   0 0 18,348
Time Warner Inc COM 887317303 11,988 159,396 SH   SOLE   0 0 159,396
Trinity Inds Inc COM 896522109 20,507 438,941 SH   SOLE   0 0 438,941
Union Pacific COM 907818108 3,453 31,850 SH   SOLE   0 0 31,850
United Technologies COM 913017109 512 4,845 SH   SOLE   0 0 4,845
VCA, Inc. COM 918194101 8,282 210,574 SH   SOLE   0 0 210,574
Visteon Corp COM 92839U206 13,649 140,350 SH   SOLE   0 0 140,350
Xcel Energy Inc COM 98389B100 2,941 96,732 SH   SOLE   0 0 96,732