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
Currencyshares British Pound S COM 23129S106 337 2,800 SH   SOLE   2,800 0 0
First Trust Senior Loan ETF COM 33738d309 243 5,000 SH   SOLE   5,000 0 0
IShares Core U S Aggregate Bon COM 464287226 1,759 16,281 SH   SOLE   16,281 0 0
IShares IBoxx Investment Grade COM 464287242 2,076 17,715 SH   SOLE   17,715 0 0
IShares Preferred Stock ETF COM 464288687 2,115 56,841 SH   SOLE   56,841 0 0
PowerShares Financial Preferre COM 73935x229 3,488 194,200 SH   SOLE   194,200 0 0
Powershares Preferred Portfoli COM 73936t565 1,894 133,130 SH   SOLE   133,130 0 0
American Tower Corp COM 03027X100 24,183 228,833 SH   SOLE   224,538 0 4,295
American Tower Corp COM 03027X100 5,076 48,033 SH   DFND 1 48,033 0 0
Crown Castle International Cor COM 22822V101 18,153 209,206 SH   SOLE   209,042 0 164
Crown Castle International Cor COM 22822V101 3,722 42,900 SH   DFND 1 42,900 0 0
Essex Property Trust Inc COM 297178105 1,327 5,708 SH   SOLE   5,708 0 0
Kimco Realty Corp COM 49446R109 604 24,000 SH   SOLE   24,000 0 0
UDR Inc COM 902653104 690 18,912 SH   SOLE   18,912 0 0
Washington Real Estate Investm COM 939653101 1,024 31,325 SH   SOLE   31,325 0 0
Weyerhaeuser Co COM 962166104 20,627 685,509 SH   SOLE   680,148 0 5,361
Weyerhaeuser Co COM 962166104 3,352 111,400 SH   DFND 1 111,400 0 0
ABB Ltd Sponsored ADR ADR 000375204 303 14,375 SH   SOLE   475 0 13,900
BP PLC Sponsored ADR ADR 055622104 793 21,218 SH   SOLE   21,218 0 0
BP PLC Sponsored ADR ADR 055622104 561 15,000 SH   DFND 1 15,000 0 0
GlaxoSmithkline PLC ADR ADR 37733W105 11,805 306,547 SH   SOLE   303,222 0 3,325
GlaxoSmithkline PLC ADR ADR 37733W105 6,770 175,800 SH   DFND 1 175,800 0 0
National Grid PLC Sponsored AD ADR 636274300 265 4,550 SH   SOLE   4,550 0 0
Novartis AG Sponsored ADR ADR 66987V109 2,104 28,880 SH   SOLE   15,180 0 13,700
Novo Nordisk AS Sponsored ADR ADR 670100205 453 12,625 SH   SOLE   12,625 0 0
Royal Dutch Shell PLC Cl A Spo ADR 780259206 31,776 584,325 SH   SOLE   557,132 0 27,193
Royal Dutch Shell PLC Cl A Spo ADR 780259206 9,435 173,500 SH   DFND 1 173,500 0 0
SAP SE ADR ADR 803054204 19,648 227,332 SH   SOLE   227,133 0 199
SAP SE ADR ADR 803054204 3,924 45,400 SH   DFND 1 45,400 0 0
Siemens A G Sponsored ADR ADR 826197501 2,295 18,750 SH   SOLE   18,320 0 430
Teva Pharmaceutical Industries ADR 881624209 1,280 35,311 SH   SOLE   8,511 0 26,800
Vodafone Group Inc ADR 92857W308 7,320 299,651 SH   SOLE   254,131 0 45,520
WPP Group PLC Spon ADR ADR 92937A102 404 3,652 SH   SOLE   3,652 0 0
3M CO COM 88579Y101 42,579 238,444 SH   SOLE   238,084 0 360
3M CO COM 88579Y101 4,411 24,700 SH   DFND 1 24,700 0 0
A T & T Inc COM 00206R102 2,411 56,683 SH   SOLE   53,324 0 3,359
Abbott Laboratories COM 002824100 1,342 34,946 SH   SOLE   34,946 0 0
Abbvie Inc COM 00287Y109 1,494 23,857 SH   SOLE   23,857 0 0
Accenture Ltd Cl A COM G1151C101 322 2,750 SH   SOLE   2,750 0 0
Air Lease Corp COM 00912x302 25,701 748,660 SH   SOLE   699,668 0 48,992
Air Lease Corp COM 00912x302 5,994 174,600 SH   DFND 1 174,600 0 0
Air Products & Chemicals Inc COM 009158106 281 1,952 SH   SOLE   1,952 0 0
Alleghany Corp COM 017175100 925 1,521 SH   SOLE   1,521 0 0
Allstate Corp COM 020002101 6,589 88,900 SH   SOLE   72,945 0 15,955
Alphabet Inc Cl A COM 02079k305 22,579 28,493 SH   SOLE   26,464 0 2,029
Alphabet Inc Cl A COM 02079k305 2,805 3,540 SH   DFND 1 3,540 0 0
Alphabet Inc Cl C COM 02079k107 23,335 30,234 SH   SOLE   28,261 0 1,973
Alphabet Inc Cl C COM 02079k107 2,735 3,543 SH   DFND 1 3,543 0 0
Altria Group Inc COM 02209S103 5,412 80,032 SH   SOLE   80,032 0 0
Amazon.Com Inc COM 023135106 3,515 4,687 SH   SOLE   2,129 0 2,558
American Electric Power Inc COM 025537101 257 4,080 SH   SOLE   4,080 0 0
American Express Co COM 025816109 15,466 208,769 SH   SOLE   208,719 0 50
American Express Co COM 025816109 9,808 132,400 SH   DFND 1 132,400 0 0
American International Group I COM 026874784 7,395 113,224 SH   SOLE   111,657 0 1,567
Ameriprise Financial Inc COM 03076C106 3,345 30,150 SH   SOLE   30,150 0 0
Ameriprise Financial Inc COM 03076C106 4,118 37,120 SH   DFND 1 37,120 0 0
Amgen Inc COM 031162100 395 2,703 SH   SOLE   2,703 0 0
Amphenol Corp Cl A COM 032095101 202 3,000 SH   SOLE   3,000 0 0
Anadarko Petroleum Corp COM 032511107 365 5,230 SH   SOLE   5,230 0 0
Apache Corp COM 037411105 207 3,255 SH   SOLE   3,255 0 0
Apple Inc COM 037833100 27,435 236,879 SH   SOLE   213,655 0 23,224
Apple Inc COM 037833100 2,803 24,200 SH   DFND 1 24,200 0 0
Autoliv Inc COM 052800109 243 2,148 SH   SOLE   2,148 0 0
Automatic Data Processing Inc COM 053015103 432 4,200 SH   SOLE   4,200 0 0
Bank Of America Corp COM 060505104 5,045 228,261 SH   SOLE   181,270 0 46,991
Bank Of America Corp COM 060505104 2,011 91,000 SH   DFND 1 91,000 0 0
Bank Of Montreal COM 063671101 316 4,389 SH   SOLE   4,389 0 0
Bank Of New York Mellon Corp COM 064058100 7,660 161,667 SH   SOLE   161,342 0 325
Baxter International Inc COM 071813109 1,941 43,781 SH   SOLE   41,815 0 1,966
Becton Dickinson & Co COM 075887109 993 6,000 SH   SOLE   6,000 0 0
Bed Bath & Beyond Inc COM 075896100 314 7,730 SH   SOLE   7,730 0 0
Berkshire Hathaway Inc Cl A COM 084670108 2,929 12 SH   SOLE   12 0 0
Berkshire Hathaway Inc Cl A COM 084670108 488 2 SH   DFND 1 2 0 0
Berkshire Hathaway Inc Cl B COM 084670702 144,431 886,187 SH   SOLE   875,837 0 10,350
Berkshire Hathaway Inc Cl B COM 084670702 12,050 73,938 SH   DFND 1 73,938 0 0
Biogen Inc COM 09062X103 14,812 52,231 SH   SOLE   47,921 0 4,310
Biogen Inc COM 09062X103 2,701 9,525 SH   DFND 1 9,525 0 0
Bristol-Myers Squibb Co COM 110122108 3,517 60,182 SH   SOLE   58,182 0 2,000
Broadcom Ltd COM Y09827109 21,087 119,291 SH   SOLE   109,512 0 9,779
Broadcom Ltd COM Y09827109 3,988 22,560 SH   DFND 1 22,560 0 0
Brookfield Asset Management Cl COM 112585104 1,448 43,857 SH   SOLE   43,857 0 0
Buckeye Partners L P COM 118230101 366 5,525 SH   SOLE   5,525 0 0
Cabot Corp COM 127055101 243 4,800 SH   SOLE   4,800 0 0
Cabot Oil & Gas Corp COM 127097103 654 28,000 SH   SOLE   28,000 0 0
Carnival Corp COM 143658300 497 9,555 SH   SOLE   3,205 0 6,350
Celgene Corp COM 151020104 14,916 128,862 SH   SOLE   126,530 0 2,332
Celgene Corp COM 151020104 2,309 19,950 SH   DFND 1 19,950 0 0
Cenovus Energy Inc COM 15135U109 284 18,792 SH   SOLE   18,792 0 0
Chevron Corp COM 166764100 10,770 91,501 SH   SOLE   82,871 0 8,630
Chubb Ltd COM H1467J104 8,959 67,813 SH   SOLE   63,537 0 4,276
Cisco Systems Inc COM 17275R102 1,627 53,829 SH   SOLE   12,729 0 41,100
Citigroup Inc COM 172967424 1,099 18,491 SH   SOLE   1,491 0 17,000
Coca Cola Co COM 191216100 2,801 67,568 SH   SOLE   67,568 0 0
Coca Cola Co COM 191216100 21 500 SH   DFND 1 500 0 0
Colgate Palmolive Co COM 194162103 22,680 346,584 SH   SOLE   345,409 0 1,175
Colgate Palmolive Co COM 194162103 10,438 159,500 SH   DFND 1 159,500 0 0
Comcast Corp Cl A COM 20030N101 37,493 542,987 SH   SOLE   539,557 0 3,430
Comcast Corp Cl A COM 20030N101 17,191 248,962 SH   DFND 1 248,962 0 0
Conagra Brands Inc COM 205887102 266 6,725 SH   SOLE   2,625 0 4,100
ConocoPhillips COM 20825C104 10,749 214,389 SH   SOLE   184,584 0 29,805
ConocoPhillips COM 20825C104 1,735 34,600 SH   DFND 1 34,600 0 0
Consolidated Edison Inc COM 209115104 265 3,600 SH   SOLE   3,600 0 0
Contrafect Corp COM 212326102 26 15,000 SH   SOLE   15,000 0 0
Corning Inc COM 219350105 401 16,506 SH   SOLE   16,506 0 0
Costco Wholesale Corp COM 22160K105 3,189 19,916 SH   SOLE   19,916 0 0
Cullen Frost Bankers Inc COM 229899109 256 2,900 SH   SOLE   2,900 0 0
CVS Health Corp COM 126650100 9,250 117,226 SH   SOLE   102,557 0 14,669
Danaher Corp COM 235851102 898 11,540 SH   SOLE   6,935 0 4,605
Delphi Automotive Ltd COM G27823106 1,429 21,215 SH   SOLE   18,015 0 3,200
Dentsply Sirona Inc COM 24906P109 1,762 30,513 SH   SOLE   23,313 0 7,200
Dick's Sporting Goods Inc COM 253393102 3,222 60,670 SH   SOLE   60,370 0 300
Disney Walt Co COM 254687106 149,690 1,436,289 SH   SOLE   1,423,939 0 12,350
Disney Walt Co COM 254687106 58,407 560,425 SH   DFND 1 560,425 0 0
Dominion Resources Inc COM 25746U109 1,012 13,211 SH   SOLE   13,211 0 0
Dover Corp COM 260003108 335 4,470 SH   SOLE   0 0 4,470
Dow Chemical Co COM 260543103 2,848 49,765 SH   SOLE   42,470 0 7,295
DTE Energy Company COM 233331107 202 2,050 SH   SOLE   2,050 0 0
Duke Energy Corp COM 26441C204 386 4,967 SH   SOLE   4,967 0 0
E I Du Pont De Nemours & Co COM 263534109 3,522 47,981 SH   SOLE   46,881 0 1,100
Eli Lilly & Co COM 532457108 15,971 217,141 SH   SOLE   217,141 0 0
Eli Lilly & Co COM 532457108 7,458 101,400 SH   DFND 1 101,400 0 0
Emerson Electric Co COM 291011104 15,959 286,255 SH   SOLE   278,685 0 7,570
Emerson Electric Co COM 291011104 3,256 58,400 SH   DFND 1 58,400 0 0
Encana Corp COM 292505104 118 10,070 SH   SOLE   10,070 0 0
Enterprise Products Partners L COM 293792107 508 18,786 SH   SOLE   18,786 0 0
EOG Resources Inc COM 26875P101 1,882 18,616 SH   SOLE   15,126 0 3,490
Era Group Inc COM 26885G109 518 30,528 SH   SOLE   30,528 0 0
Everest Re Group Ltd COM G3223R108 271 1,250 SH   SOLE   1,250 0 0
Exelon Corp COM 30161N101 401 11,298 SH   SOLE   11,298 0 0
Express Scripts Holding Co COM 30219G108 2,365 34,381 SH   SOLE   22,586 0 11,795
Exxon Mobil Corp COM 30231G102 13,432 148,818 SH   SOLE   136,954 0 11,864
Exxon Mobil Corp COM 30231G102 90 1,000 SH   DFND 1 1,000 0 0
Facebook Inc Cl A COM 30303M102 19,808 172,170 SH   SOLE   159,443 0 12,727
Facebook Inc Cl A COM 30303M102 4,441 38,600 SH   DFND 1 38,600 0 0
Fedex Corp COM 31428X106 33,329 178,996 SH   SOLE   171,068 0 7,928
Fedex Corp COM 31428X106 5,255 28,220 SH   DFND 1 28,220 0 0
Fidelity National Financial Cl COM 31620R303 925 27,237 SH   SOLE   27,237 0 0
Fidelity National Information COM 31620M106 1,696 22,419 SH   SOLE   22,419 0 0
Fortive Corp COM 34959J108 495 9,235 SH   SOLE   1,605 0 7,630
General Dynamics Corp COM 369550108 829 4,799 SH   SOLE   3,649 0 1,150
General Electric Co COM 369604103 44,317 1,402,439 SH   SOLE   1,348,234 0 54,205
General Electric Co COM 369604103 9,183 290,606 SH   DFND 1 290,606 0 0
Gilead Sciences Inc COM 375558103 7,974 111,352 SH   SOLE   110,442 0 910
Gilead Sciences Inc COM 375558103 2,299 32,100 SH   DFND 1 32,100 0 0
Goldman Sachs Group Inc COM 38141G104 891 3,722 SH   SOLE   254 0 3,468
Halliburton Co COM 406216101 1,079 19,950 SH   SOLE   19,950 0 0
Hartford Financial Services Gr COM 416515104 21,116 443,138 SH   SOLE   443,088 0 50
Hartford Financial Services Gr COM 416515104 5,221 109,570 SH   DFND 1 109,570 0 0
Hawaiian Electric Industries I COM 419870100 202 6,115 SH   SOLE   6,115 0 0
Hershey Foods Corp COM 427866108 281 2,721 SH   SOLE   2,721 0 0
Hess Corp COM 42809H107 31,709 509,051 SH   SOLE   477,856 0 31,195
Hess Corp COM 42809H107 8,537 137,058 SH   DFND 1 137,058 0 0
HollyFrontier Corp COM 436106108 229 7,000 SH   SOLE   7,000 0 0
Home Depot Inc COM 437076102 3,313 24,709 SH   SOLE   18,309 0 6,400
Honeywell International Inc COM 438516106 39,152 337,956 SH   SOLE   323,802 0 14,154
Honeywell International Inc COM 438516106 3,835 33,100 SH   DFND 1 33,100 0 0
Howard Hughes Corp COM 44267D107 260 2,280 SH   SOLE   2,280 0 0
Illinois Tool Works COM 452308109 21,223 173,305 SH   SOLE   173,255 0 50
Illinois Tool Works COM 452308109 4,898 40,000 SH   DFND 1 40,000 0 0
Intel Corp COM 458140100 771 21,244 SH   SOLE   21,244 0 0
Intercontinental Exchange Inc COM 45866F104 1,110 19,675 SH   SOLE   3,400 0 16,275
International Business Machine COM 459200101 6,553 39,479 SH   SOLE   38,379 0 1,100
International Paper Co COM 460146103 1,857 35,000 SH   SOLE   35,000 0 0
International Paper Co COM 460146103 480 9,040 SH   DFND 1 9,040 0 0
InterXion Holding NV COM N47279109 1,017 29,000 SH   SOLE   0 0 29,000
J P Morgan Chase & Co COM 46625H100 13,468 156,079 SH   SOLE   139,432 0 16,647
Janus Capital Group Inc COM 47102X105 531 40,000 SH   SOLE   40,000 0 0
John Wiley & Sons Inc Cl A COM 968223206 1,812 33,239 SH   SOLE   33,239 0 0
Johnson & Johnson Co COM 478160104 75,878 658,602 SH   SOLE   647,200 0 11,402
Johnson & Johnson Co COM 478160104 11,619 100,850 SH   DFND 1 100,850 0 0
Kansas City Southern Industrie COM 485170302 18,976 223,638 SH   SOLE   223,573 0 65
Kansas City Southern Industrie COM 485170302 4,989 58,800 SH   DFND 1 58,800 0 0
Kimberly Clark Corp COM 494368103 310 2,719 SH   SOLE   2,719 0 0
Kraft Heinz Co COM 500754106 1,335 15,289 SH   SOLE   13,839 0 1,450
Laboratory Corp America Holdin COM 50540R409 22,179 172,763 SH   SOLE   172,707 0 56
Laboratory Corp America Holdin COM 50540R409 4,786 37,280 SH   DFND 1 37,280 0 0
Lexicon Genetics Inc COM 528872302 206 14,903 SH   SOLE   14,903 0 0
Lockheed Martin Corp COM 539830109 4,491 17,967 SH   SOLE   17,967 0 0
Loews Corp COM 540424108 976 20,850 SH   SOLE   20,850 0 0
Lowes Cos Inc COM 548661107 987 13,875 SH   SOLE   4,470 0 9,405
Maiden Holdings Ltd COM G5753U112 248 14,200 SH   SOLE   14,200 0 0
Marathon Oil Corp COM 565849106 173 10,000 SH   SOLE   10,000 0 0
Marathon Petroleum Corp COM 56585A102 252 5,000 SH   SOLE   5,000 0 0
Mastercard Inc Class A COM 57636q104 2,193 21,240 SH   SOLE   6,030 0 15,210
McDermott International Inc COM 580037109 88 11,900 SH   SOLE   11,900 0 0
McDonalds Corp COM 580135101 1,425 11,709 SH   SOLE   11,629 0 80
Medtronic PLC COM G5960L103 23,124 324,637 SH   SOLE   303,813 0 20,824
Medtronic PLC COM G5960L103 4,395 61,700 SH   DFND 1 61,700 0 0
Merck & Co Inc COM 58933Y105 20,810 353,492 SH   SOLE   353,217 0 275
Merck & Co Inc COM 58933Y105 4,121 70,000 SH   DFND 1 70,000 0 0
Metlife Inc COM 59156R108 19,046 353,419 SH   SOLE   323,039 0 30,380
Metlife Inc COM 59156R108 1,962 36,400 SH   DFND 1 36,400 0 0
Microsoft Corp COM 594918104 5,827 93,780 SH   SOLE   82,960 0 10,820
Mondelez International Inc COM 609207105 4,129 93,139 SH   SOLE   84,639 0 8,500
Monsanto Co COM 61166W101 753 7,156 SH   SOLE   56 0 7,100
Morgan Stanley COM 617446448 1,108 26,234 SH   SOLE   6,234 0 20,000
Newell Brands Inc COM 651229106 20,186 452,099 SH   SOLE   414,881 0 37,218
Newell Brands Inc COM 651229106 3,277 73,400 SH   DFND 1 73,400 0 0
Newmont Mining Corp COM 651639106 17,418 511,250 SH   SOLE   500,486 0 10,764
Newmont Mining Corp COM 651639106 3,492 102,500 SH   DFND 1 102,500 0 0
News Corp New Cl A COM 65249B109 78 6,833 SH   SOLE   6,833 0 0
News Corp New Cl A COM 65249B109 78 6,820 SH   DFND 1 6,820 0 0
NextEra Energy Inc COM 65339F101 675 5,647 SH   SOLE   5,647 0 0
Nike Inc Cl B COM 654106103 1,051 20,683 SH   SOLE   6,908 0 13,775
Norfolk Southern Corp COM 655844108 6,632 61,370 SH   SOLE   51,720 0 9,650
Norfolk Southern Corp COM 655844108 3,696 34,200 SH   DFND 1 34,200 0 0
Northern Trust Corp COM 665859104 534 6,000 SH   SOLE   6,000 0 0
Occidental Petroleum Corp COM 674599105 425 5,970 SH   SOLE   5,970 0 0
Oracle Corp COM 68389X105 312 8,117 SH   SOLE   8,117 0 0
PayPal Holdings Inc COM 70450Y103 20,727 525,126 SH   SOLE   496,046 0 29,080
PayPal Holdings Inc COM 70450Y103 3,540 89,700 SH   DFND 1 89,700 0 0
Pepsico Inc COM 713448108 103,260 986,910 SH   SOLE   971,044 0 15,866
Pepsico Inc COM 713448108 36,317 347,100 SH   DFND 1 347,100 0 0
Pfizer Inc COM 717081103 9,864 303,709 SH   SOLE   265,712 0 37,997
Philip Morris International In COM 718172109 6,080 66,457 SH   SOLE   66,457 0 0
Phillips 66 COM 718546104 247 2,858 SH   SOLE   2,858 0 0
PPL Corp COM 69351T106 448 13,148 SH   SOLE   13,148 0 0
Procter & Gamble Co COM 742718109 34,297 407,907 SH   SOLE   390,798 0 17,109
Procter & Gamble Co COM 742718109 19,801 235,500 SH   DFND 1 235,500 0 0
QEP Resources Inc COM 74733V100 398 21,600 SH   SOLE   21,600 0 0
Qualcomm Inc COM 747525103 8,754 134,257 SH   SOLE   108,938 0 25,319
Quest Diagnostics Inc COM 74834L100 368 4,000 SH   SOLE   4,000 0 0
Raytheon Co COM 755111507 30,106 212,011 SH   SOLE   209,609 0 2,402
Raytheon Co COM 755111507 5,055 35,600 SH   DFND 1 35,600 0 0
Regeneron Pharmaceuticals Inc COM 75886F107 697 1,900 SH   SOLE   0 0 1,900
Reynolds American Inc COM 761713106 247 4,400 SH   SOLE   4,400 0 0
Robert Half International Inc COM 770323103 482 9,885 SH   SOLE   8,010 0 1,875
Rockwell Collins Inc COM 774341101 16,962 182,861 SH   SOLE   180,346 0 2,515
Rockwell Collins Inc COM 774341101 4,842 52,200 SH   DFND 1 52,200 0 0
Royal Bank Of Canada COM 780087102 475 7,010 SH   SOLE   7,010 0 0
Schlumberger Ltd COM 806857108 31,710 377,724 SH   SOLE   356,904 0 20,820
Schlumberger Ltd COM 806857108 3,434 40,900 SH   DFND 1 40,900 0 0
Seacor Holdings Inc COM 811904101 2,176 30,528 SH   SOLE   30,528 0 0
Shaw Communications Inc Cl B COM 82028K200 251 12,500 SH   SOLE   12,500 0 0
Signature Bank COM 82669g104 289 1,925 SH   SOLE   1,925 0 0
Southern Co COM 842587107 439 8,917 SH   SOLE   8,917 0 0
St. Jude Medical Inc COM 790849103 385 4,800 SH   SOLE   4,800 0 0
Starbucks Corp COM 855244109 1,792 32,273 SH   SOLE   16,173 0 16,100
State Street Corp COM 857477103 209 2,689 SH   SOLE   2,689 0 0
SVB Financial Group COM 78486Q101 360 2,100 SH   SOLE   2,100 0 0
Synchrony Financial COM 87165b103 23,037 635,165 SH   SOLE   591,987 0 43,178
Synchrony Financial COM 87165b103 4,272 117,787 SH   DFND 1 117,787 0 0
Target Corp COM 87612E106 384 5,323 SH   SOLE   5,323 0 0
Thermo Fisher Scientific Inc COM 883556102 3,505 24,838 SH   SOLE   22,188 0 2,650
Time Warner Inc COM 887317303 29,981 310,592 SH   SOLE   298,554 0 12,038
Time Warner Inc COM 887317303 5,377 55,700 SH   DFND 1 55,700 0 0
TJX Cos Inc COM 872540109 4,122 54,860 SH   SOLE   40,700 0 14,160
Torchmark Corp COM 891027104 5,311 72,009 SH   SOLE   72,009 0 0
Torchmark Corp COM 891027104 5,311 72,004 SH   DFND 1 72,004 0 0
Toronto Dominion Bank COM 891160509 220 4,466 SH   SOLE   4,466 0 0
Twenty-First Century Fox Inc C COM 90130A101 1,891 67,434 SH   SOLE   54,434 0 13,000
Twenty-First Century Fox Inc C COM 90130A101 765 27,280 SH   DFND 1 27,280 0 0
Union Pacific Corp COM 907818108 51,125 493,101 SH   SOLE   480,542 0 12,559
Union Pacific Corp COM 907818108 15,258 147,160 SH   DFND 1 147,160 0 0
United Parcel Service Inc Cl B COM 911312106 12,952 112,979 SH   SOLE   104,219 0 8,760
United Parcel Service Inc Cl B COM 911312106 1,135 9,900 SH   DFND 1 9,900 0 0
United Technologies Corp COM 913017109 29,524 269,327 SH   SOLE   260,217 0 9,110
United Technologies Corp COM 913017109 4,911 44,800 SH   DFND 1 44,800 0 0
US Bancorp COM 902973304 225 4,372 SH   SOLE   4,372 0 0
Varian Medical Systems Inc COM 92220P105 1,032 11,500 SH   SOLE   11,500 0 0
Vectren Corp COM 92240G101 250 4,795 SH   SOLE   4,795 0 0
Verizon Communications COM 92343V104 2,153 40,336 SH   SOLE   40,336 0 0
Visa Inc Cl A COM 92826C839 1,925 24,670 SH   SOLE   1,150 0 23,520
Waddell & Reed Financial Inc C COM 930059100 283 14,486 SH   SOLE   14,486 0 0
Waddell & Reed Financial Inc C COM 930059100 270 13,863 SH   DFND 1 13,863 0 0
Wal Mart Stores Inc COM 931142103 1,566 22,654 SH   SOLE   17,204 0 5,450
Walgreen Boots Alliance Inc COM 931427108 4,175 50,444 SH   SOLE   42,234 0 8,210
Wells Fargo & Co COM 949746101 3,369 61,124 SH   SOLE   61,124 0 0
White Mountains Insurance Grou COM G9618E107 1,081 1,293 SH   SOLE   1,293 0 0
Xilinx Inc COM 983919101 1,083 17,944 SH   SOLE   0 0 17,944
Yum Brands Inc COM 988498101 8,847 139,702 SH   SOLE   139,702 0 0
Yum Brands Inc COM 988498101 8,930 141,000 SH   DFND 1 141,000 0 0
Yum China Holdings Inc COM 98850P109 3,658 140,027 SH   SOLE   140,027 0 0
Yum China Holdings Inc COM 98850P109 3,683 141,000 SH   DFND 1 141,000 0 0
Financial Sector SPDR COM 81369Y605 398 17,100 SH   SOLE   17,080 0 20
IQ 50 Percent Hedged FTSE Euro COM 45409B552 275 16,000 SH   SOLE   16,000 0 0
IShares Russell 1000 Growth ET COM 464287614 214 2,041 SH   SOLE   2,041 0 0
IShares S&P MidCap 400 Index F COM 464287507 202 1,221 SH   SOLE   1,221 0 0
IShares Trust MSCI EAFE ETF COM 464287465 402 6,965 SH   SOLE   6,965 0 0
IShares Trust Nasdaq Biotechno COM 464287556 288 1,085 SH   SOLE   1,085 0 0
JPMorgan Alerian MLP Index COM 46625h365 203 6,430 SH   SOLE   6,430 0 0
Powershares QQQ Trust COM 73935A104 2,939 24,802 SH   SOLE   24,802 0 0
Schwab International Equity ET COM 808524805 488 17,637 SH   SOLE   17,637 0 0
Schwab US Large Cap ETF COM 808524201 1,124 21,105 SH   SOLE   21,105 0 0
Schwab US Small Cap ETF COM 808524607 309 5,021 SH   SOLE   5,021 0 0
SPDR MSCI All Country World Ex COM 78463X848 1,296 41,161 SH   SOLE   41,161 0 0
SPDR S&P 500 ETF Trust COM 78462F103 14,683 65,689 SH   SOLE   65,672 0 17
Technology Sector SPDR COM 81369Y803 788 16,290 SH   SOLE   16,290 0 0
Van Eck Vectors Semiconductor COM 92189F676 641 8,950 SH   SOLE   8,950 0 0
Vanguard REIT ETF COM 922908553 249 3,020 SH   SOLE   3,020 0 0