0000763910-11-000003.txt : 20110811
0000763910-11-000003.hdr.sgml : 20110811
20110811150136
ACCESSION NUMBER: 0000763910-11-000003
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110630
FILED AS OF DATE: 20110811
DATE AS OF CHANGE: 20110811
EFFECTIVENESS DATE: 20110811
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: STRATTON MANAGEMENT CO
CENTRAL INDEX KEY: 0000763910
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-01484
FILM NUMBER: 111027465
BUSINESS ADDRESS:
STREET 1: 610 W GERMANTOWN PIKE
STREET 2: STE 300
CITY: PLYMOUTH MEETING
STATE: PA
ZIP: 19462
BUSINESS PHONE: 6109410888
MAIL ADDRESS:
STREET 1: 610 W GERMANTOWN PIKE
STREET 2: STE 300
CITY: PLYMOUTH MEETING
STATE: PA
ZIP: 19462
13F-HR
1
inftable.txt
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ALEXANDRIA REAL ESTATE EQUITIE COM 015271109 2323 30000 SH SOLE 30000
AMERICAN CAMPUS COMMUNITIES IN COM 024835100 3996 112500 SH SOLE 112500
APARTMENT INVT & MGMT CO COM 03748r101 1532 60000 SH SOLE 60000
AVALON BAY COMMUNITIES INC COM 053484101 2568 20000 SH SOLE 20000
BOSTON PROPERTIES INC COM 101121101 2136 20125 SH SOLE 20125
BRANDYWINE REALTY TRUST SBI COM 105368203 1887 162800 SH SOLE 162800
CAMDEN PROPERTY TRUST COM 133131102 2545 40000 SH SOLE 40000
COLONIAL PROPERTIES TRUST COM 195872106 296 14525 SH SOLE 14525
DCT INDUSTRIAL TRUST INC COM 233153105 1046 200000 SH SOLE 200000
DEVELOPERS DIVERSIFIED COM 251591103 934 66264 SH SOLE 66264
DIGITAL REALTY TRUST INC COM 253868103 3188 51600 SH SOLE 51600
EASTGROUP PROPERTIES SBI COM 277276101 2636 62000 SH SOLE 62000
EQUITY ONE INC COM 294752100 932 50000 SH SOLE 50000
EQUITY RESIDENTIAL COM 29476L107 2712 45200 SH SOLE 45200
FEDERAL REALTY INV. TRUST COM 313747206 1831 21500 SH SOLE 21500
GLIMCHER REALTY COM 379302102 1757 185000 SH SOLE 185000
HCP INC COM 40414l109 3749 102182 SH SOLE 102182
HEALTH CARE REIT COM 42217K106 3683 70250 SH SOLE 70250
HIGHWOODS PROPERTIES INC COM 431284108 12732 384300 SH SOLE 384300
HOME PROPERTIES OF NEW YORK COM 437306103 15579 255900 SH SOLE 255900
HOSPITALITY PROPERTIES TRUST COM 44106M102 2626 108300 SH SOLE 108300
HOST HOTELS & RESORTS INC COM 44107p104 1441 85000 SH SOLE 85000
LASALLE HOTEL PROPERTIES COM 517942108 2239 85000 SH SOLE 85000
LEXINGTON REALTY TRUST COM 529043101 2471 270603 SH SOLE 270603
LIBERTY PROPERTY TRUST COM 531172104 4825 148100 SH SOLE 148100
MACERICH CO COM 554382101 2238 41832 SH SOLE 41832
MACK-CALI REALTY CORP COM 554489104 1976 60000 SH SOLE 60000
MEDICAL PROPERTIES TRUST INC COM 58463j304 14800 1287000 SH SOLE 1287000
MID-AMERICA APARTMENT COMMUNIT COM 59522J103 2699 40000 SH SOLE 40000
NATIONAL RETAIL PPTYS INC COM 637417106 2674 109100 SH SOLE 109100
NATIONWIDE HEALTH PROPERTIES COM 638620104 16978 410000 SH SOLE 410000
OMEGA HEALTHCARE INVESTORS COM 681936100 1261 60000 SH SOLE 60000
PROLOGIS INC COM 74340W103 12725 355051 SH SOLE 355051
SIMON PROPERTY GROUP INC COM 828806109 4989 42922 SH SOLE 42922
SL GREEN REALTY CORP COM 78440X101 18314 221000 SH SOLE 221000
SUNSTONE HOTEL INVESTORS INC COM 867892101 1218 131414 SH SOLE 131414
UDR INC COM 902653104 3338 135970 SH SOLE 135970
UNIVERSAL HEALTH REALTY INCOME COM 91359E105 2131 53300 SH SOLE 53300
URSTADT BIDDLE PPTYS COM 917286205 1449 80000 SH SOLE 80000
VENTAS INC COM 92276F100 2477 47000 SH SOLE 47000
WASHINGTON REIT COM 939653101 1301 40000 SH SOLE 40000
WP CAREY & CO LLC COM 92930Y107 2288 56500 SH SOLE 56500
3M COMPANY COM 88579Y101 11636 122676 SH SOLE 122676
A T & T INC COM 00206R102 5618 178875 SH SOLE 178875
AARON'S INC COM 002535300 17217 609250 SH SOLE 609250
ABBOTT LABORATORIES COM 002824100 19880 377804 SH SOLE 377804
ACCENTURE PLC - CL A COM G1151C101 15910 263329 SH SOLE 263329
AFFILIATED MANAGERS GROUP INC COM 008252108 16777 165370 SH SOLE 165370
AFLAC INC COM 001055102 4574 97982 SH SOLE 97982
AGRIUM INC COM 008916108 8432 96080 SH SOLE 96080
AIR PRODUCTS & CHEMICALS INC COM 009158106 21271 222547 SH SOLE 222547
AIRGAS INC COM 009363102 3190 45550 SH SOLE 45550
ALCOA COM 013817101 357 22500 SH SOLE 22500
ALLEGHENY TECHNOLOGIES INC COM 01741R102 684 10782 SH SOLE 10782
ALLERGAN INC COM 018490102 633 7603 SH SOLE 7603
ALLSTATE CORPORATION COM 020002101 1938 63490 SH SOLE 63490
ALPHA NATURAL RESOURCES COM 02076x102 1363 30000 SH SOLE 30000
ALTRIA GROUP INC COM 02209S103 2345 88800 SH SOLE 88800
AMEDISYS INC COM 023436108 1065 40000 SH SOLE 40000
AMERICAN ELECTRIC POWER CO COM 025537101 940 24946 SH SOLE 24946
AMERICAN EXPRESS COM 025816109 7681 148571 SH SOLE 148571
AMERICAN WATER WORKS CO INC COM 030420103 5472 185800 SH SOLE 185800
AMERIPRISE FINANCIAL INC COM 03076C106 8794 152469 SH SOLE 152469
AMETEK INC COM 031100100 259 5775 SH SOLE 5775
AMGEN COM 031162100 828 14191 SH SOLE 14191
ANADARKO PETROLEUM CORP COM 032511107 3416 44500 SH SOLE 44500
ANIXTER INTERNATIONAL COM 035290105 17099 261700 SH SOLE 261700
AON CORPORATION COM 037389103 671 13081 SH SOLE 13081
APACHE CORP COM 037411105 12094 98014 SH SOLE 98014
APPLE COMPUTER COM 037833100 609 1815 SH SOLE 1815
ARBITRON INCORPORATED COM 03875Q108 17999 435500 SH SOLE 435500
ARCHER DANIELS MIDLAND COM 039483102 510 16925 SH SOLE 16925
AUTOMATIC DATA PROCESSING INC COM 053015103 263 5000 SH SOLE 5000
AVAGO TECHNOLOGIES LTD COM Y0486S104 6986 183855 SH SOLE 183855
AVISTA CORP COM 05379B107 15542 605000 SH SOLE 605000
AVON PRODUCTS COM 054303102 6228 222416 SH SOLE 222416
BANK OF AMERICA CORP COM 060505104 845 77078 SH SOLE 77078
BAXTER INT'L COM 071813109 1462 24500 SH SOLE 24500
BECTON DICKINSON & CO COM 075887109 11288 131000 SH SOLE 131000
BELDEN CDT INC COM 077454106 16196 464600 SH SOLE 464600
BERKSHIRE HATHAWAY INC CLASS B COM 084670702 387 4998 SH SOLE 4998
BHP BILLITON LTD COM 088606108 379 4000 SH SOLE 4000
BLACK HILLS CORP COM 092113109 906 30100 SH SOLE 30100
BLUE COAT SYSTEMS INCORPORATED COM 09534T508 10252 469000 SH SOLE 469000
BMC SOFTWARE INC COM 055921100 1094 20000 SH SOLE 20000
BP PLC COM 055622104 616 13917 SH SOLE 13917
BRISTOL-MYERS SQUIBB COM 110122108 8049 277923 SH SOLE 277923
BUCKEYE PARTNERS L P UNIT LTD COM 118230101 907 14050 SH SOLE 14050
CABOT OIL & GAS CORP COM 127097103 15145 228400 SH SOLE 228400
CACI INTERNATIONAL INC - CL A COM 127190304 9840 156000 SH SOLE 156000
CAMPBELL SOUP COM 134429109 2550 73813 SH SOLE 73813
CANADIAN NATIONAL RAILWAY CO C COM 136375102 799 10000 SH SOLE 10000
CARRIZO OIL & GAS INC COM 144577103 16032 384000 SH SOLE 384000
CASCADE CORP COM 147195101 8396 176500 SH SOLE 176500
CASEYS GENERAL STORES INC COM 147528103 13521 307300 SH SOLE 307300
CATERPILLAR INC COM 149123101 8011 75246 SH SOLE 75246
CENTRAL FUND OF CANADA COM 153501101 530 26000 SH SOLE 26000
CENTURYLINK INC COM 156700106 2767 68439 SH SOLE 68439
CF INDUSTRIES HOLDINGS INC COM 125269100 5507 38870 SH SOLE 38870
CH ENERGY GROUP INC COM 12541M102 522 9800 SH SOLE 9800
CHESAPEAKE ENERGY CORP COM 165167107 367 12375 SH SOLE 12375
CHEVRON CORP COM 166764100 11123 108156 SH SOLE 108156
CHICAGO BRIDGE AND IRON COMPAN COM 167250109 19454 500100 SH SOLE 500100
CHURCH & DWIGHT INC COM 171340102 7247 178770 SH SOLE 178770
CIGNA CORP COM 125509109 280 5450 SH SOLE 5450
CISCO SYSTEMS INC COM 17275R102 201 12850 SH SOLE 12850
CLIFFS NATURAL RESOURCES INC COM 18683K101 227 2450 SH SOLE 2450
COAST DISTRIBUTION SERVICES COM 190345108 38 13000 SH SOLE 13000
COCA-COLA COM 191216100 2266 33671 SH SOLE 33671
COLGATE PALMOLIVE CO COM 194162103 914 10451 SH SOLE 10451
COMMUNITY BANK SYSTEMS INC COM 203607106 8181 330000 SH SOLE 330000
COMPASS MINERALS INTERNATIONAL COM 20451n101 12480 145000 SH SOLE 145000
COMPLETE PRODUCTION SERVICES COM 20453E109 12824 384400 SH SOLE 384400
CONOCOPHILLIPS COM 20825C104 21244 282544 SH SOLE 282544
CONSOL ENERGY INC COM 20854P109 356 7350 SH SOLE 7350
CONSTELLATION BRANDS INC COM 21036P108 1082 51950 SH SOLE 51950
CORNING INC COM 219350105 3335 183750 SH SOLE 183750
COSTCO WHOLESALE CORP COM 22160K105 260 3200 SH SOLE 3200
CRANE CO COM 224399105 16708 338150 SH SOLE 338150
CSX CORP COM 126408103 7516 286662 SH SOLE 286662
CVS CAREMARK CORP COM 126650100 10922 290645 SH SOLE 290645
DARDEN RESTAURANTS INC COM 237194105 7890 158565 SH SOLE 158565
DEERE & CO COM 244199105 4619 56025 SH SOLE 56025
DEVON ENERGY CORP COM 25179M103 7770 98597 SH SOLE 98597
DIAGEO PLC ADR COM 25243Q205 4800 58625 SH SOLE 58625
DIAMOND OFFSHORE DRILLING INC COM 25271C102 539 7650 SH SOLE 7650
DOLLAR GENERAL CORP COM 256677105 1461 43100 SH SOLE 43100
DOMINION RESOURCES INC VA COM 25746U109 2870 59450 SH SOLE 59450
DONEGAL GROUP INC CL A COM 257701201 918 71746 SH SOLE 71746
DOVER CORP COM 260003108 5354 78970 SH SOLE 78970
DU PONT EI DE NEMOURS COM 263534109 5150 95288 SH SOLE 95288
DUKE ENERGY CO COM 26441c105 4629 245812 SH SOLE 245812
EATON CORP COM 278058102 6798 132124 SH SOLE 132124
EL PASO ELECTRIC CO COM 283677854 18098 560300 SH SOLE 560300
ELI LILLY CO COM 532457108 5132 136749 SH SOLE 136749
EMERSON ELECTRIC COM 291011104 8294 147444 SH SOLE 147444
ENERGEN CORP COM 29265N108 1944 34400 SH SOLE 34400
ENERPLUS CORP COM 292766102 2852 90250 SH SOLE 90250
ENERSYS COM 29275Y102 17881 519500 SH SOLE 519500
ENSCO PLC COM 29358Q109 1037 19450 SH SOLE 19450
ENTERGY CORP COM 29364G103 888 13000 SH SOLE 13000
ENTERPRISE PRODUCTS PARTNERS COM 293792107 229 5300 SH SOLE 5300
EOG RESOURCES INC COM 26875P101 230 2200 SH SOLE 2200
EXELON CORP COM 30161N101 797 18608 SH SOLE 18608
EXXON MOBIL CORPORATION COM 30231G102 17028 209240 SH SOLE 209240
FAMILY DOLLAR STORES COM 307000109 5878 111836 SH SOLE 111836
FEDEX CORPORATION COM 31428X106 422 4450 SH SOLE 4450
FERRO CORP COM 315405100 9610 715000 SH SOLE 715000
FIRST MIDWEST BANCORP INC COM 320867104 6934 564200 SH SOLE 564200
FIRST NIAGRA FINANCIAL GRP COM 33582v108 7630 578020 SH SOLE 578020
FORD MOTOR COMPANY COM 345370860 8991 652025 SH SOLE 652025
FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 16404 310091 SH SOLE 310091
FRONTIER COMMUNICATIONS CO COM 35906A108 228 28194 SH SOLE 28194
GENERAL ELECTRIC COM 369604103 21086 1118020 SH SOLE 1118020
GENERAL MILLS INC COM 370334104 622 16700 SH SOLE 16700
GENUINE PARTS CO COM 372460105 2366 43500 SH SOLE 43500
GLACIER BANCORP INC COM 37637q105 5122 380000 SH SOLE 380000
GLAXOSMITHKLINE PLC ADR COM 37733W105 696 16218 SH SOLE 16218
GOLDCORP INC COM 380956409 316 6550 SH SOLE 6550
GOOGLE INCORPORATED COM 38259p508 352 695 SH SOLE 695
GRAFTECH INTERNATIONAL LTD COM 384313102 1926 95000 SH SOLE 95000
GRUBB & ELLIS CO COM 400095204 3 10000 SH SOLE 10000
H&R BLOCK INC COM 093671105 383 23852 SH SOLE 23852
HALLIBURTON CO COM 406216101 769 15075 SH SOLE 15075
HARRIS CORP COM 413875105 10956 243139 SH SOLE 243139
HARTFORD FINANCIAL SERVICES GR COM 416515104 935 35475 SH SOLE 35475
HECLA MINING CO COM 422704106 4229 550000 SH SOLE 550000
HEINZ HJ CO COM 423074103 474 8900 SH SOLE 8900
HESS CORP COM 42809H107 6263 83770 SH SOLE 83770
HEWLETT-PACKARD CO COM 428236103 9840 270343 SH SOLE 270343
HILLENBRAND INC COM 431571108 227 9614 SH SOLE 9614
HOME DEPOT INC COM 437076102 1124 31020 SH SOLE 31020
HONEYWELL INTL INC COM 438516106 6995 117380 SH SOLE 117380
HORMEL FOODS CORP COM 440452100 680 22800 SH SOLE 22800
HSBC HOLDINGS PLC COM 404280406 492 9911 SH SOLE 9911
HSBC HOLDINGS PLC SPONS COM G4634U169 163 16470 SH SOLE 16470
HUBBELL INC CL ""B"" COM 443510201 487 7500 SH SOLE 7500
HUDSON CITY BANCORP INC COM 443683107 1649 201400 SH SOLE 201400
IBERIABANK CORP COM 450828108 9660 167600 SH SOLE 167600
ILLINOIS TOOL WORKS COM 452308109 1504 26616 SH SOLE 26616
INGERSOLL-RAND PLC COM G47791101 6602 145380 SH SOLE 145380
INSITUFORM TECHNOLOGIES INC COM 457667103 475 22650 SH SOLE 22650
INT'L BUSINESS MACHINES CORP COM 459200101 22385 130487 SH SOLE 130487
INT'L FLAVORS & FRAGRANCES INC COM 459506101 1371 21336 SH SOLE 21336
INTEL CORP COM 458140100 873 39395 SH SOLE 39395
J.M. SMUCKER COM COM 832696405 559 7309 SH SOLE 7309
J.P. MORGAN CHASE & CO. COM 46625H100 11890 290416 SH SOLE 290416
JARDEN CORPORATION COM 471109108 15529 450000 SH SOLE 450000
JOHNSON & JOHNSON COM 478160104 14747 221697 SH SOLE 221697
JOHNSON CONTROLS COM 478366107 254 6100 SH SOLE 6100
JOS A BANK CLOTHIERS INC COM 480838101 17223 344400 SH SOLE 344400
KAYNE ANDERSON MLP INVT CO COM 486606106 3185 105300 SH SOLE 105300
KELLOGG CO COM 487836108 476 8600 SH SOLE 8600
KIMBERLY-CLARK CORP COM 494368103 11154 167579 SH SOLE 167579
KINDER MORGAN ENERGY PRTNRS COM 494550106 710 9775 SH SOLE 9775
KINETIC CONCEPTS INC COM 49460W208 16713 290000 SH SOLE 290000
KOHLS CORP WISC PV COM 500255104 2172 43425 SH SOLE 43425
KRAFT FOODS COM 50075N104 1626 46151 SH SOLE 46151
L-3 COMMUNICATIONS HLDGS INC COM 502424104 5140 58773 SH SOLE 58773
LABORATORY CORPORATION OF AMER COM 50540R409 1011 10450 SH SOLE 10450
LINCOLN NATIONAL COM 534187109 310 10898 SH SOLE 10898
LOCKHEED MARTIN CORP COM 539830109 1113 13741 SH SOLE 13741
MACY'S INC COM 55616P104 1170 40000 SH SOLE 40000
MARATHON OIL CORP COM 565849106 2297 43600 SH SOLE 43600
MARRIOTT INTERNATIONAL INC CL COM 571903202 1065 30000 SH SOLE 30000
MARSH & McLENNAN COM 571748102 250 8000 SH SOLE 8000
MASTEC INCORPORATED COM 576323109 18931 960000 SH SOLE 960000
MB FINANCIAL INC COM 55264u108 8208 426600 SH SOLE 426600
MEDCO HEALTH SOLUTIONS INC COM 58405U102 1323 23413 SH SOLE 23413
MEDICIS PHARMACEUTICAL CL A COM 584690309 16031 420000 SH SOLE 420000
MEDTRONIC INC COM 585055106 830 21532 SH SOLE 21532
MERCK & CO INC/NJ COM 58933Y105 4405 124837 SH SOLE 124837
MET PRO CORP COM 590876306 1361 119564 SH SOLE 119564
METLIFE INC COM 59156R108 13060 297691 SH SOLE 297691
MICROSOFT CORP COM 594918104 11891 457344 SH SOLE 457344
MINERALS TECHNOLIGIES INC COM 603158106 2884 43500 SH SOLE 43500
MITSUBISHI UFJ FINANCIAL GROUP COM 606822104 87 18000 SH SOLE 18000
MOOG INC COM 615394202 15751 361925 SH SOLE 361925
MURPHY OIL CORP COM 626717102 4992 76035 SH SOLE 76035
McCORMICK & CO INC NON VTG COM 579780206 1641 33100 SH SOLE 33100
McDONALDS CORP COM 580135101 11980 142074 SH SOLE 142074
NATIONAL OILWELL VARCO INC COM 637071101 9940 127090 SH SOLE 127090
NESTLE S A SPONS ADR COM 641069406 344 5550 SH SOLE 5550
NEW JERSEY RESOURCES COM 646025106 1706 38250 SH SOLE 38250
NEXTERA ENERGY INC COM 65339F101 4726 82248 SH SOLE 82248
NOBLE CORP COM H5833N103 2712 68825 SH SOLE 68825
NORFOLK SOUTHERN CORP COM 655844108 6052 80766 SH SOLE 80766
NORTHERN OIL & GAS INC COM 665531109 7642 345000 SH SOLE 345000
NORTHWEST BANCSHARES INC COM 667340103 9435 750000 SH SOLE 750000
NOVARTIS AG COM 66987v109 244 4000 SH SOLE 4000
NOVO-NORDISK ADR COM 670100205 8682 69300 SH SOLE 69300
NUANCE COMMUNICATIONS INC COM 67020Y100 1052 49000 SH SOLE 49000
NYSE EURONEXT COM 629491101 8924 260405 SH SOLE 260405
OCCIDENTAL PETROLEUM CORP COM 674599105 15352 147557 SH SOLE 147557
OMNICOM GROUP INC COM 681919106 526 10920 SH SOLE 10920
ON SEMICONDUCTOR CORPORATION COM 682189105 14352 1370800 SH SOLE 1370800
ORACLE CORPORATION COM 68389X105 16039 487366 SH SOLE 487366
OWENS ILLINOIS INC COM 690768403 548 21250 SH SOLE 21250
PARAMETRIC TECH CORP COM 699173209 16395 715000 SH SOLE 715000
PAREXEL INTERNATIONAL COM 699462107 13429 570000 SH SOLE 570000
PARKER-HANNIFIN COM 701094104 3026 33724 SH SOLE 33724
PATRIOT COAL CORP COM 70336t104 8904 400000 SH SOLE 400000
PAYCHEX INC COM 704326107 574 18700 SH SOLE 18700
PENN VIRGINIA CORP COM 707882106 442 33434 SH SOLE 33434
PEPSICO INC COM 713448108 6637 94235 SH SOLE 94235
PETROHAWK ENERGY CORPORATION COM 716495106 10956 444110 SH SOLE 444110
PETROLEO BRASILEIRO S.A.-ADR COM 71654V408 885 26150 SH SOLE 26150
PFIZER INC COM 717081103 3808 184843 SH SOLE 184843
PHILIP MORRIS INTERNATIONAL IN COM 718172109 2414 36150 SH SOLE 36150
PIEDMONT NATURAL GAS COM 720186105 3948 130466 SH SOLE 130466
PITNEY BOWES INC COM 724479100 548 23816 SH SOLE 23816
PLAINS EXPLORATION & PRODUCTIO COM 726505100 242 6350 SH SOLE 6350
PNC FINANCIAL SERVICES GROUP COM 693475105 11653 195493 SH SOLE 195493
POLYONE CORP COM 73179P106 11541 746000 SH SOLE 746000
PORTLAND GENERAL ELECTRIC CO COM 736508847 9189 363500 SH SOLE 363500
POTASH CORP OF SASKATCHEWAN COM 73755L107 1077 18904 SH SOLE 18904
PPG IND INC COM 693506107 12615 138945 SH SOLE 138945
PPL CORP COM 69351T106 2755 98994 SH SOLE 98994
PRAXAIR INC COM 74005P104 757 6985 SH SOLE 6985
PROCTER & GAMBLE COM 742718109 5333 83885 SH SOLE 83885
PRUDENTIAL FINANCIAL COM 744320102 8691 136670 SH SOLE 136670
PUBLIC SERVICE ENTERPRISE INC COM 744573106 750 22968 SH SOLE 22968
QUAKER CHEMICAL COM 747316107 280 6500 SH SOLE 6500
QUEST DIAGNOSTICS COM 74834L100 1087 18398 SH SOLE 18398
QUEST SOFTWARE INCORPORATED COM 74834T103 12820 564000 SH SOLE 564000
R R DONNELLEY & SONS CO COM 257867101 780 39800 SH SOLE 39800
RALCORP HOLDINGS INC COM 751028101 13247 153000 SH SOLE 153000
RAYTHEON COM 755111507 3396 68125 SH SOLE 68125
RF MICRO DEVICES COM 749941100 9651 1577000 SH SOLE 1577000
RGC RESOURCES COM 74955l103 770 23666 SH SOLE 23666
ROYAL DUTCH SHELL PLC COM 780259206 1331 18718 SH SOLE 18718
RPM INC COM 749685103 5292 229878 SH SOLE 229878
RUDDICK CORP COM 781258108 17481 401500 SH SOLE 401500
SCHLUMBERGER LTD COM 806857108 3530 40857 SH SOLE 40857
SCHNITZER STEEL INDUSTRIES COM 806882106 2016 35000 SH SOLE 35000
SELECTIVE INSURANCE COM 816300107 8220 505200 SH SOLE 505200
SHAW GROUP INCORPORATED COM 820280105 12005 397400 SH SOLE 397400
SIGNATURE BANK COM 82669g104 13442 235000 SH SOLE 235000
SILGAN HOLDINGS INC COM 827048109 17125 418000 SH SOLE 418000
SOLERA HOLDINGS INC COM 83421A104 15973 270000 SH SOLE 270000
SOUTHERN CO COM 842587107 305 7550 SH SOLE 7550
SOUTHWEST GAS CORP COM 844895102 17374 450000 SH SOLE 450000
STARWOOD HOTELS RESORTS WORLDW COM 85590A401 1401 25000 SH SOLE 25000
SUN LIFE FINANCIAL COM 866796105 2424 80600 SH SOLE 80600
SUPERIOR ENERGY SERVICES COM 868157108 15877 427500 SH SOLE 427500
SVB FINANCIAL GROUP COM 78486q101 14271 239000 SH SOLE 239000
SYSCO CORP COM 871829107 3857 123700 SH SOLE 123700
TARGET CORP COM 87612E106 6861 146256 SH SOLE 146256
TE CONNECTIVITY LTD COM H84989104 449 12225 SH SOLE 12225
TECK RESOURCES LTD CL B COM 878742204 518 10200 SH SOLE 10200
TELEFLEX INC COM 879369106 269 4400 SH SOLE 4400
TEXTRON INC COM COM 883203101 390 16525 SH SOLE 16525
THE MOSAIC CO COM 61945C103 9020 133170 SH SOLE 133170
THE TRAVELERS COMPANIES INC COM 89417e109 3321 56890 SH SOLE 56890
THERMO FISHER SCIENTIFIC INC COM 883556102 12798 198763 SH SOLE 198763
TORCHMARK CORP COM 891027104 1892 29500 SH SOLE 29500
TORONTO-DOMINION BANK COM 891160509 475 5593 SH SOLE 5593
TOTAL SA SPON ADR COM 89151E109 10345 178849 SH SOLE 178849
TRACTOR SUPPLY CO COM 892356106 1150 17200 SH SOLE 17200
TRANSOCEAN LTD COM H8817H100 2290 35476 SH SOLE 35476
TYCO INTERNATIONAL LTD COM H89128104 16599 335803 SH SOLE 335803
U.S. BANCORP COM 902973304 8796 344802 SH SOLE 344802
UGI CORP COM 902681105 4599 144199 SH SOLE 144199
UNION PACIFIC CORP COM 907818108 9417 90200 SH SOLE 90200
UNISOURCE ENERGY CORP COM 909205106 8410 225300 SH SOLE 225300
UNITED BANKSHARES COM 909907107 8592 351000 SH SOLE 351000
UNITED PARCEL SERVICE INC COM 911312106 14809 203055 SH SOLE 203055
UNITED RENTALS COM 911363109 10160 400000 SH SOLE 400000
UNITED TECHNOLOGIES CORP COM 913017109 3407 38492 SH SOLE 38492
V F CORP COM 918204108 15786 145415 SH SOLE 145415
VALERO ENERGY CORP COM 91913Y100 332 12977 SH SOLE 12977
VERIZON COMMUNICATIONS COM 92343V104 8091 217325 SH SOLE 217325
WALT DISNEY COMPANY COM 254687106 1347 34501 SH SOLE 34501
WARNER CHILCOTT PLC - CL A COM G94368100 7117 294925 SH SOLE 294925
WASTE MANAGEMENT INC COM 94106L109 11713 314266 SH SOLE 314266
WD-40 CO COM 929236107 3022 77400 SH SOLE 77400
WEBSTER FINANCIAL CORP COM 947890109 8799 418600 SH SOLE 418600
WELLS FARGO & CO COM 949746101 969 34544 SH SOLE 34544
WEST PHARMACEUTICAL SERVICES COM 955306105 13833 316100 SH SOLE 316100
WGL HOLDINGS COM 92924F106 762 19800 SH SOLE 19800
WHIRLPOOL CORP COM 963320106 266 3275 SH SOLE 3275
XCEL ENERGY INC COM 98389B100 323 13300 SH SOLE 13300
ZIMMER HOLDINGS INC COM 98956P102 4853 76783 SH SOLE 76783
ISHARES NASDAQ BIOTECH INDX COM 464287556 299 2800 SH SOLE 2800
ISHARES FTSE CHINA 25 INDEX FU COM 464287184 2240 52150 SH SOLE 52150
ISHARES MSCI BRAZIL COM 464286400 202 2750 SH SOLE 2750
ISHARES MSCI EAFE INDEX FD COM 464287465 1285 21360 SH SOLE 21360
ISHARES MSCI EMERGING MKTS IND COM 464287234 7945 166905 SH SOLE 166905
VANGUARD MSCI EMERGING MARKETS COM 922042858 2979 61275 SH SOLE 61275
VANGUARD INDEX TRUST 500 MF 922908108 325 2674.445 SH SOLE 2674.445
STRATTON MULTI-CAP FUND INC MF 863144101 3325 88043.172SH SOLE 88043.172
STRATTON REAL ESTATE FUND INC MF 863147104 1556 55180.189SH SOLE 55180.189
STRATTON SMALL-CAP VALUE FUND MF 863137105 16150 299465.407SH SOLE 299465.407
DNP SELECT INCOME FUND INC MF 23325P104 227 22700.000SH SOLE 22700.000
DODGE & COX INTL STOCK FUND MF 256206103 207 5632.451 SH SOLE 5632.451