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 CO COM 88579Y101 1,855 12,952 SH   SOLE   0 0 12,952
AARON'S, INC COM 002535300 230 6,450 SH   SOLE   0 0 6,450
ABBOTT LABS COM 002824100 2,406 58,820 SH   SOLE   0 0 58,820
ABBVIE INC. COM 00287y109 3,739 66,245 SH   SOLE   0 0 66,245
ACCENTURE PLC COM G1151C101 1,263 15,621 SH   SOLE   0 0 15,621
ADOBE SYSTEMS INC COM 00724F101 5,876 81,205 SH   SOLE   0 0 81,205
ADVISORY BOARD CO/THE COM 00762W107 327 6,305 SH   SOLE   0 0 6,305
AFLAC INC COM 001055102 1,105 17,750 SH   SOLE   0 0 17,750
AIR PRODS & CHEMS INC COM 009158106 617 4,800 SH   SOLE   0 0 4,800
ALLEGHANY CORP DEL COM 017175100 456 1,040 SH   SOLE   0 0 1,040
ALLISON TRANSMISSION HOLDING COM 01973r101 3,582 115,190 SH   SOLE   0 0 115,190
ALLSTATE CORP COM 020002101 1,271 21,640 SH   SOLE   0 0 21,640
ALTERA CORP COM 021441100 854 24,575 SH   SOLE   0 0 24,575
ALTRIA GROUP INC COM 02209S103 386 9,202 SH   SOLE   0 0 9,202
AMAZON COM INC COM 023135106 2,032 6,258 SH   SOLE   0 0 6,258
AMERICAN EXPRESS CO COM 025816109 268 2,824 SH   SOLE   0 0 2,824
AMERICAN INTL GROUP COM 026874784 10,997 201,485 SH   SOLE   0 0 201,485
AMERISOURCEBERGEN CORP. COM 03073E105 1,023 14,080 SH   SOLE   0 0 14,080
AMGEN INC COM 031162100 284 2,401 SH   SOLE   0 0 2,401
APACHE CORP COM 037411105 274 2,720 SH   SOLE   0 0 2,720
APPLE COMPUTER INC COM 037833100 5,604 60,302 SH   SOLE   0 0 60,302
AT&T INC COM 00206R102 491 13,886 SH   SOLE   0 0 13,886
AUTOMATIC DATA PROCESS COM 053015103 365 4,600 SH   SOLE   0 0 4,600
AVIS BUDGET GROUP INC. COM 053774105 621 10,400 SH   SOLE   0 0 10,400
BANK NEW YORK MELLON CORP COM 064058100 206 5,501 SH   SOLE   0 0 5,501
BANK OF AMERICA CORP COM 060505104 2,653 172,635 SH   SOLE   0 0 172,635
BARD C R INC COM 067383109 322 2,250 SH   SOLE   0 0 2,250
BECTON DICKINSON & CO COM 075887109 669 5,657 SH   SOLE   0 0 5,657
BERKSHIRE HATHAWAY INC CL A COM 084670108 1,139 6 SH   SOLE   0 0 6
BERKSHIRE HATHAWAY INC CL B COM 084670702 2,758 21,794 SH   SOLE   0 0 21,794
BOEING CO COM 097023105 5,571 43,789 SH   SOLE   0 0 43,789
BORGWARNER, INC. COM 099724106 235 3,600 SH   SOLE   0 0 3,600
BRISTOL MYERS SQUIBB COM 110122108 509 10,500 SH   SOLE   0 0 10,500
CABOT OIL & GAS CORP COM COM 127097103 2,719 79,650 SH   SOLE   0 0 79,650
CAPITAL ONE FINANCIAL CORP. COM 14040H105 2,660 32,203 SH   SOLE   0 0 32,203
CAREFUSION CORP COM 14170T101 459 10,350 SH   SOLE   0 0 10,350
CARMAX, INC. COM 143130102 6,214 119,485 SH   SOLE   0 0 119,485
CBRE GROUP, INC. COM 12504L109 3,134 97,825 SH   SOLE   0 0 97,825
CERNER CORP COM 156782104 1,191 23,084 SH   SOLE   0 0 23,084
CHEVRON TEXACO CORP COM 166764100 5,225 40,020 SH   SOLE   0 0 40,020
CISCO SYS INC COM 17275R102 2,978 119,830 SH   SOLE   0 0 119,830
CIT GROUP INC COM 125581801 2,108 46,075 SH   SOLE   0 0 46,075
CITIGROUP INC COM 172967424 5,409 114,848 SH   SOLE   0 0 114,848
CLOROX CO DEL COM 189054109 246 2,686 SH   SOLE   0 0 2,686
COCA COLA CO COM 191216100 13,650 322,242 SH   SOLE   0 0 322,242
COLFAX CORPORATION COM 194014106 431 5,786 SH   SOLE   0 0 5,786
COLGATE PALMOLIVE CO COM 194162103 1,457 21,366 SH   SOLE   0 0 21,366
CONOCOPHILIPS COM 20825C104 2,354 27,462 SH   SOLE   0 0 27,462
CONVERSANT, INC. COM 21249J105 981 38,636 SH   SOLE   0 0 38,636
CORNING INC COM 219350105 3,081 140,365 SH   SOLE   0 0 140,365
COSTCO WHOLESALE CORP COM 22160K105 1,504 13,064 SH   SOLE   0 0 13,064
CRANE COMPANY COM 224399105 4,116 55,350 SH   SOLE   0 0 55,350
CVS CAREMARK CORP. COM 126650100 4,840 64,218 SH   SOLE   0 0 64,218
DAVITA INC COM 23918K108 1,994 27,575 SH   SOLE   0 0 27,575
DISCOVER FINANCIAL SERVICES CO COM 254709108 832 13,421 SH   SOLE   0 0 13,421
DOLLAR TREE, INC. COM 256746108 756 13,875 SH   SOLE   0 0 13,875
DU PONT E I DE NEMOURS COM 263534109 847 12,946 SH   SOLE   0 0 12,946
DUKE ENERGY CORP COM 26441C204 841 11,334 SH   SOLE   0 0 11,334
EATON VANCE CORP COM NON VTG COM 278265103 1,479 39,125 SH   SOLE   0 0 39,125
EBAY INC COM 278642103 2,489 49,725 SH   SOLE   0 0 49,725
EDISON INTL COM 281020107 937 16,124 SH   SOLE   0 0 16,124
EDWARDS LIFESCIENCES COM 28176E108 5,548 64,631 SH   SOLE   0 0 64,631
EMERSON ELEC CO COM 291011104 2,281 34,369 SH   SOLE   0 0 34,369
ENERGEN CORP COM 29265N108 427 4,800 SH   SOLE   0 0 4,800
ENSCO PLC CL A COM G3157S106 857 15,420 SH   SOLE   0 0 15,420
ENTERPRISE PRODUCTS PARTNERS COM 293792107 698 8,920 SH   SOLE   0 0 8,920
EOG RESOURCES INC COM 26875P101 2,691 23,025 SH   SOLE   0 0 23,025
EQUIFAX INC COM 294429105 8,307 114,519 SH   SOLE   0 0 114,519
ESTERLINE TECHNOLOGIES, CORP. COM 297425100 3,931 34,150 SH   SOLE   0 0 34,150
EXELON CORPORATION COM 30161N101 452 12,385 SH   SOLE   0 0 12,385
EXPRESS SCRIPTS HOLDING CO. COM 30219G108 7,846 113,164 SH   SOLE   0 0 113,164
EXXON MOBIL CORP COM 30231G102 5,844 58,043 SH   SOLE   0 0 58,043
FEDERATED INVESTORS INC CL B COM 314211103 828 26,783 SH   SOLE   0 0 26,783
FIDELITY NATIONAL INFORMATION COM 31620M106 383 7,000 SH   SOLE   0 0 7,000
FISERV INC COM 337738108 3,977 65,926 SH   SOLE   0 0 65,926
FNF GROUP COM 31620R303 483 14,757 SH   SOLE   0 0 14,757
GENERAL ELEC CO COM 369604103 8,322 316,658 SH   SOLE   0 0 316,658
GENUINE PARTS CO COM 372460105 3,126 35,603 SH   SOLE   0 0 35,603
GILEAD SCIENCES INC COM 375558103 4,363 52,627 SH   SOLE   0 0 52,627
GLOBAL ENERGY HOLDINGS GROUP COM 37991A100 0 11,700 SH   SOLE   0 0 11,700
GOOGLE, INC. CL A COM 38259P508 3,892 6,656 SH   SOLE   0 0 6,656
GOOGLE, INC. CL C COM 38259P706 4,954 8,611 SH   SOLE   0 0 8,611
GRAHAM HOLDINGS COMPANY COM 384637104 234 326 SH   SOLE   0 0 326
HAIN CELESTIAL GROUP INC COM 405217100 749 8,440 SH   SOLE   0 0 8,440
HALLIBURTON CO COM 406216101 785 11,050 SH   SOLE   0 0 11,050
HARRIS CORP DEL COM 413875105 485 6,400 SH   SOLE   0 0 6,400
HAVERTY FURN COS INC CLASS A COM 419596200 330 13,199 SH   SOLE   0 0 13,199
HAVERTY FURNITURE INC COM COM 419596101 233 9,283 SH   SOLE   0 0 9,283
HERTZ GLOBAL HOLDINGS, INC COM 42805T105 2,355 84,000 SH   SOLE   0 0 84,000
HOME DEPOT INC COM 437076102 6,896 85,175 SH   SOLE   0 0 85,175
HONEYWELL INTL INC COM 438516106 1,050 11,292 SH   SOLE   0 0 11,292
HUMANA INC COM 444859102 343 2,684 SH   SOLE   0 0 2,684
HUNTINGTON INGALLS INDUSTRIES COM 446413106 3,695 39,061 SH   SOLE   0 0 39,061
INGREDION INC COM 457187102 2,822 37,600 SH   SOLE   0 0 37,600
INTEL CORP COM 458140100 298 9,650 SH   SOLE   0 0 9,650
INTERNATIONAL BUS MACH COM 459200101 8,499 46,885 SH   SOLE   0 0 46,885
JOHNSON & JOHNSON COM 478160104 8,940 85,450 SH   SOLE   0 0 85,450
JP MORGAN CHASE & CO COM 46625H100 3,504 60,820 SH   SOLE   0 0 60,820
KIMBERLY CLARK CORP COM 494368103 1,685 15,148 SH   SOLE   0 0 15,148
KINDER MORGAN ENERGY PARTNERS COM 494550106 554 6,735 SH   SOLE   0 0 6,735
KRAFT FOODS GROUP INC COM 50076q106 894 14,911 SH   SOLE   0 0 14,911
LENNAR CORP COM 526057104 1,045 24,900 SH   SOLE   0 0 24,900
LILLY ELI & CO COM 532457108 3,473 55,870 SH   SOLE   0 0 55,870
LIVE NATION COM 538034109 1,495 60,550 SH   SOLE   0 0 60,550
LOCKHEED MARTIN CORP COM 539830109 2,371 14,751 SH   SOLE   0 0 14,751
LOWES COS INC COM 548661107 297 6,187 SH   SOLE   0 0 6,187
MAGELLAN MIDSTREAM PARTNERS, L COM 559080106 336 4,000 SH   SOLE   0 0 4,000
MARATHON OIL CORP COM 565849106 339 8,500 SH   SOLE   0 0 8,500
MARATHON PETROLEUM CORP COM 56585A102 390 5,000 SH   SOLE   0 0 5,000
MARKEL CORP COM 570535104 4,672 7,126 SH   SOLE   0 0 7,126
MARRIOTT INTL INC NEW CL A COM 571903202 5,913 92,244 SH   SOLE   0 0 92,244
MARTIN MARIETTA MATERIALS INC COM 573284106 4,584 34,715 SH   SOLE   0 0 34,715
MASCO CORP COM 574599106 5,295 238,500 SH   SOLE   0 0 238,500
MCDONALDS CORP COM 580135101 883 8,762 SH   SOLE   0 0 8,762
MCKESSON CORP COM 58155Q103 994 5,338 SH   SOLE   0 0 5,338
MDC HOLDINGS INC COM 552676108 2,202 72,702 SH   SOLE   0 0 72,702
MEDTRONIC INC COM 585055106 495 7,758 SH   SOLE   0 0 7,758
MERCK & CO INC COM 58933Y105 4,137 71,513 SH   SOLE   0 0 71,513
MICROS SYS INC COM COM 594901100 2,473 36,416 SH   SOLE   0 0 36,416
MICROSOFT CORP COM 594918104 2,609 62,570 SH   SOLE   0 0 62,570
MONDELEZ INTERNATIONAL INC COM 609207105 1,878 49,942 SH   SOLE   0 0 49,942
MOSAIC CO COM 61945C103 1,073 21,700 SH   SOLE   0 0 21,700
NABORS INDS INC COM G6359F103 427 14,550 SH   SOLE   0 0 14,550
NEXTERA ENERGY INC COM COM 65339F101 1,783 17,395 SH   SOLE   0 0 17,395
NIKE INC CL B COM 654106103 2,394 30,872 SH   SOLE   0 0 30,872
NORFOLK SOUTHERN CORP COM 655844108 862 8,370 SH   SOLE   0 0 8,370
NORTHEAST UTILITIES COM 664397106 1,402 29,664 SH   SOLE   0 0 29,664
NORTHROP GRUMMAN CORP COM 666807102 269 2,250 SH   SOLE   0 0 2,250
OCCIDENTAL PETE CP DEL COM 674599105 2,105 20,510 SH   SOLE   0 0 20,510
OMNICOM GROUP INC COM 681919106 1,424 20,000 SH   SOLE   0 0 20,000
PACCAR INC COM 693718108 408 6,500 SH   SOLE   0 0 6,500
PARTNER RE LTD COM G6852T105 2,274 20,825 SH   SOLE   0 0 20,825
PEPSICO INC COM 713448108 4,346 48,648 SH   SOLE   0 0 48,648
PFIZER INC COM 717081103 5,516 185,839 SH   SOLE   0 0 185,839
PHILLIPS 66 COM 718546104 378 4,696 SH   SOLE   0 0 4,696
PLUM CREEK TIMBER CO INC COM 729251108 243 5,386 SH   SOLE   0 0 5,386
POTASH CORP SASK INC COM 73755L107 1,530 40,312 SH   SOLE   0 0 40,312
PPG INDS INC COM 693506107 980 4,663 SH   SOLE   0 0 4,663
PPL CORP. COM 69351T106 946 26,614 SH   SOLE   0 0 26,614
PRINCIPAL FINANCIAL GROUP COM 74251V102 1,989 39,400 SH   SOLE   0 0 39,400
PROCTER & GAMBLE CO COM 742718109 3,512 44,690 SH   SOLE   0 0 44,690
QUALCOMM INC COM 747525103 1,055 13,320 SH   SOLE   0 0 13,320
RAYTHEON CO COM 755111507 234 2,542 SH   SOLE   0 0 2,542
REALOGY HOLDINGS CORP. COM 75605y106 6,460 171,320 SH   SOLE   0 0 171,320
RENAISSANCE RE HLDGS COM G7496G103 214 2,000 SH   SOLE   0 0 2,000
RYDER SYS INC COM 783549108 1,176 13,350 SH   SOLE   0 0 13,350
SANDERSON FARMS INC COM 800013104 535 5,500 SH   SOLE   0 0 5,500
SCHLUMBERGER LTD COM 806857108 5,167 43,807 SH   SOLE   0 0 43,807
SIMPSON MANUFACTURING CO. COM 829073105 1,503 41,327 SH   SOLE   0 0 41,327
SKYWORKS SOLUTIONS INC COM 83088M102 6,794 144,681 SH   SOLE   0 0 144,681
SOUTHEASTERN BANKING CORP. COM 84158P108 77 10,644 SH   SOLE   0 0 10,644
SOUTHERN CO COM 842587107 484 10,666 SH   SOLE   0 0 10,666
SPECTRUM BRANDS, INC. COM 84763r101 8,051 93,580 SH   SOLE   0 0 93,580
SPIRIT AEROSYSTEMS HOLDINGS COM 848574109 522 15,500 SH   SOLE   0 0 15,500
SPRINT NEXTEL CORP COM 85207U105 114 13,400 SH   SOLE   0 0 13,400
STAPLES INC COM 855030102 531 48,956 SH   SOLE   0 0 48,956
STARBUCKS CORP COM 855244109 1,863 24,079 SH   SOLE   0 0 24,079
STATE STREET CORP COM 857477103 2,396 35,625 SH   SOLE   0 0 35,625
SUNOCO LOGISTICS PARTNERS LP COM 86764L108 410 8,700 SH   SOLE   0 0 8,700
SUNTRUST BKS INC COM 867914103 5,649 141,006 SH   SOLE   0 0 141,006
TARGET CORP COM 87612E106 1,155 19,924 SH   SOLE   0 0 19,924
TENET HEALTHCARE CORP COM 88033G407 1,270 27,055 SH   SOLE   0 0 27,055
TIDEWATER INC COM 886423102 2,569 45,748 SH   SOLE   0 0 45,748
TIME WARNER CABLE - A COM 88732J207 1,026 6,967 SH   SOLE   0 0 6,967
TIME WARNER INC COM 887317303 2,755 39,216 SH   SOLE   0 0 39,216
TRANSOCEAN LTD. COM H8817H100 2,158 47,934 SH   SOLE   0 0 47,934
TRIBUNE MEDIA COMPANY CL A COM 896047503 9,204 108,215 SH   SOLE   0 0 108,215
TWENTY-FIRST CENTURY FOX INC C COM 90130A101 895 25,475 SH   SOLE   0 0 25,475
U.S. TECHNOLOGIES COM 91272D309 0 20,000 SH   SOLE   0 0 20,000
UNITED NATURAL FOODS INC. COM 911163103 680 10,450 SH   SOLE   0 0 10,450
UNITED PARCEL SERVICE CL B COM 911312106 1,846 17,985 SH   SOLE   0 0 17,985
UNITED RENTALS INC. COM 911363109 641 6,125 SH   SOLE   0 0 6,125
UNITED TECHNOLOGIES CP COM 913017109 2,524 21,862 SH   SOLE   0 0 21,862
UNITEDHEALTH GROUP INC COM 91324P102 2,394 29,280 SH   SOLE   0 0 29,280
US BANCORP DEL COM 902973304 309 7,126 SH   SOLE   0 0 7,126
V F CORP COM 918204108 2,558 40,600 SH   SOLE   0 0 40,600
VISA INC - CLASS A COM 92826C839 693 3,290 SH   SOLE   0 0 3,290
VULCAN MATLS CO COM 929160109 9,415 147,690 SH   SOLE   0 0 147,690
WAL MART STORES INC COM 931142103 3,757 50,052 SH   SOLE   0 0 50,052
WALGREEN CO COM 931422109 8,251 111,310 SH   SOLE   0 0 111,310
WALT DISNEY CO COM 254687106 2,528 29,481 SH   SOLE   0 0 29,481
WEATHERFORD INTL PLC COM COM G48833100 876 38,100 SH   SOLE   0 0 38,100
WELLS FARGO & CO NEW COM 949746101 4,585 87,239 SH   SOLE   0 0 87,239
WEYERHAEUSER CO COM 962166104 1,992 60,190 SH   SOLE   0 0 60,190
WEYERHAEUSER CO EXCHANGE OFFER COM 962990388 4,134 124,921 SH   SOLE   0 0 124,921
WORLD FUEL SERVICES CORP COM 981475106 2,816 57,210 SH   SOLE   0 0 57,210
WR BERKLEY CORP COM 084423102 2,859 61,740 SH   SOLE   0 0 61,740
YUM! BRANDS INC COM 988498101 294 3,619 SH   SOLE   0 0 3,619
HEALTH CARE SELECT SECTOR SPDR ETF 81369y209 1,179 19,382 SH   SOLE   0 0 19,382
ISHARES CDN S&P/TSX 60 INDX FU ETF 46428D108 205 9,424 SH   SOLE   0 0 9,424
ISHARES DJ SELECT DIVIDEND ETF 464287168 983 12,768 SH   SOLE   0 0 12,768
ISHARES DJ US HEALTHCARE SEC ETF 464287762 365 2,850 SH   SOLE   0 0 2,850
ISHARES MSCI PACIFIC EX-JAPAN ETF 464286665 518 10,517 SH   SOLE   0 0 10,517
ISHARES RUSSELL 1000 INDEX ETF 464287622 8,331 75,660 SH   SOLE   0 0 75,660
ISHARES RUSSELL TOP 200 GROWTH ETF 464289438 284 5,950 SH   SOLE   0 0 5,950
ISHARES S&P 100 INDEX FUND ETF 464287101 281 3,250 SH   SOLE   0 0 3,250
ISHARES S&P GLOBAL INDEX 100 ETF 464287572 1,194 15,160 SH   SOLE   0 0 15,160
ISHARES S&P SMALLCAP 600 ETF 464287804 581 5,185 SH   SOLE   0 0 5,185
ISHARES TR RUSSELL 2000 GROWTH ETF 464287648 301 2,175 SH   SOLE   0 0 2,175
ISHARES TRUST RUSSELL 2000 IND ETF 464287655 748 6,299 SH   SOLE   0 0 6,299
ISHARES TRUST S&P 500 INDEX ETF 464287200 9,511 48,279 SH   SOLE   0 0 48,279
ISHARES TRUST S&P MIDCAP 400 ETF 464287507 2,992 20,910 SH   SOLE   0 0 20,910
KBW REGIONAL BANKING ETF ETF 78464A698 2,984 74,000 SH   SOLE   0 0 74,000
PHARMACEUTICAL HOLDERS TRUST ETF 57060U217 1,558 25,110 SH   SOLE   0 0 25,110
POWERSHARES FTSE RAFI US 1000 ETF 73935X583 1,056 11,935 SH   SOLE   0 0 11,935
POWERSHARES S&P HIGH QUALITY E ETF 73935X682 2,083 97,108 SH   SOLE   0 0 97,108
RYDEX S&P EQUAL WEIGHT ETF ETF 78355W106 5,864 76,439 SH   SOLE   0 0 76,439
S & P 500 DEPOSITARY RECEIPT ETF 78462F103 22,882 116,910 SH   SOLE   0 0 116,910
SPDR DJIA TRUST ETF 78467X109 1,844 10,985 SH   SOLE   0 0 10,985
SPDR GOLD TRUST ETF 78463V107 3,066 23,945 SH   SOLE   0 0 23,945
SPDR S&P DIVIDEND ETF ETF 78464A763 2,552 33,323 SH   SOLE   0 0 33,323
SPDR S&P INT'L DIVIDEND ETF ETF 78463X772 1,338 26,080 SH   SOLE   0 0 26,080
SPDR S&P MID-CAP 400 ETF TRUST ETF 78467Y107 31,501 120,897 SH   SOLE   0 0 120,897
UTILITIES SELECT SECTOR SPDR ETF 81369Y886 262 5,928 SH   SOLE   0 0 5,928
VANGUARD DIVIDEND APPRECIATION ETF 921908844 7,992 102,531 SH   SOLE   0 0 102,531
VANGUARD EMERGING MARKETS ETF 922042858 306 7,085 SH   SOLE   0 0 7,085
VANGUARD FTSE DEVELOPED MARKET ETF 921943858 3,808 89,420 SH   SOLE   0 0 89,420
VANGUARD MID CAP ETF ETF 922908629 6,226 52,461 SH   SOLE   0 0 52,461
VANGUARD MSCI EUROPE ETF ETF 922042874 12,915 215,426 SH   SOLE   0 0 215,426
VANGUARD REIT ETF ETF 922908553 2,325 31,060 SH   SOLE   0 0 31,060
VANGUARD TOTAL STOCK MARKET ET ETF 922908769 232 2,281 SH   SOLE   0 0 2,281
WISDOMTREE DIVIDEND EX-FIN ETF ETF 97717W406 1,100 14,880 SH   SOLE   0 0 14,880
AMERICAN RLTY CAP PROP INC CL END 02917t104 543 43,369 SH   SOLE   0 0 43,369
COUSINS PROPERTIES CL END 222795106 499 40,071 SH   SOLE   0 0 40,071
EQUITY RESIDENTIAL PROPERTIES CL END 29476L107 269 4,270 SH   SOLE   0 0 4,270
FEDERAL REALTY INV TRUST CL END 313747206 255 2,105 SH   SOLE   0 0 2,105
PREFERRED APT CMNTYS INC COM CL END 74039L103 252 28,400 SH   SOLE   0 0 28,400
REDWOOD TRUST, INC. CL END 758075402 1,294 66,445 SH   SOLE   0 0 66,445
BP AMOCO PLC - SPONS ADR FOR 055622104 706 13,376 SH   SOLE   0 0 13,376
CENOVUS ENERGY, INC. FOR 15135U109 855 26,420 SH   SOLE   0 0 26,420
DIAGEO PLC-SPONSORED ADR NEW FOR 25243Q205 5,496 43,183 SH   SOLE   0 0 43,183
GLAXOSMITHKLINE PLC ADR FOR 37733W105 229 4,290 SH   SOLE   0 0 4,290
NESTLE S A - ADR REG SHS FOR 641069406 4,402 56,826 SH   SOLE   0 0 56,826
NOVARTIS AG-ADR FOR 66987V109 3,769 41,634 SH   SOLE   0 0 41,634
NXP SEMICONDUCTORS NV FOR N6596X109 414 6,250 SH   SOLE   0 0 6,250
PHILIP MORRIS INTL INC COM FOR 718172109 1,411 16,737 SH   SOLE   0 0 16,737
ROCHE HLDG LTD SPONSORED ADR FOR 771195104 242 6,480 SH   SOLE   0 0 6,480
ROYAL DUTCH SHELL PLC FOR 780259206 3,113 37,792 SH   SOLE   0 0 37,792
SINTANA ENERGY INC COM FOR 82937H108 23 150,000 SH   SOLE   0 0 150,000
TOTAL FINA S.A.-SPONSORED ADR FOR 89151E109 253 3,500 SH   SOLE   0 0 3,500
UNILEVER N V N Y SHS NEW FOR 904784709 217 4,950 SH   SOLE   0 0 4,950
UNILEVER PLC-SPONSORED ADR FOR 904767704 240 5,305 SH   SOLE   0 0 5,305
WILLIS GROUP HOLDINGS PLC FOR G96666105 3,891 89,850 SH   SOLE   0 0 89,850