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
Expires:Oct 31, 2018
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M CompanyCOM88579Y1014,15929,355SH SOLE 29,35500
ARRIS Group Inc.COM04270V10622,374789,054SH SOLE 789,05400
AT & TCOM00206R1024,111116,646SH SOLE 116,64600
AbbVie IncCOM00287Y10930,803533,286SH SOLE 533,28600
Abbott LaboratoriesCOM0028241002,66464,050SH SOLE 64,05000
Accenture PLC Cl ACOMG1151C1013344,110SH SOLE 4,11000
Affiliated Managers Group, IncCOM0108436182181,090SH SOLE 1,09000
AgcoCOM0010841023557,805SH SOLE 7,80500
Air Products & ChemicalsCOM0091581063913,000SH SOLE 3,00000
Alaska Air GroupCOM01165910916,232372,805SH SOLE 372,80500
AlbemarleCOM0126531012414,100SH SOLE 4,10000
Allergan IncCOM0184901026773,800SH SOLE 3,80000
Alliance Data SystemsCOM0185811082,89711,670SH SOLE 11,67000
AllstateCOM02000210117,668287,893SH SOLE 287,89300
Altria GroupCOM02209S1031,49632,561SH SOLE 32,56100
Amazon.comCOM023135106259802SH SOLE 80200
AmerenCOM02360810246512,120SH SOLE 12,12000
American ExpressCOM0258161091,11412,727SH SOLE 12,72700
American Intl GroupCOM02687478424,959462,039SH SOLE 462,03900
Ameriprise FinancialCOM03076C10620,198163,707SH SOLE 163,70700
AmgenCOM03116210028,172200,571SH SOLE 200,57100
Anadarko PetroleumCOM0325111076216,117SH SOLE 6,11700
Analog DevicesCOM0326541051,27325,718SH SOLE 25,71800
ApacheCOM0374111052802,978SH SOLE 2,97800
Apple IncCOM03783310050,776503,984SH SOLE 503,98400
Archer-Daniels MidlandCOM0394831021,09021,337SH SOLE 21,33700
Arthur J. Gallagher & CoCOM3635761093978,763SH SOLE 8,76300
Automatic Data ProcessingCOM0530151032012,754SH SOLE 2,75400
BB&T CorporationCOM0549371072185,864SH SOLE 5,86400
Bank of AmericaCOM06050510421,1761,242,001SH SOLE 1,242,00100
Bank of New York CoCOM0640581001,04426,943SH SOLE 26,94300
Bard, C.R.COM0673831092431,700SH SOLE 1,70000
Baxter InternationalCOM07181310928,640399,056SH SOLE 399,05600
Becton Dickinson & CoCOM0758871094584,025SH SOLE 4,02500
Berkshire Hathaway Class BCOM0846707025,94743,049SH SOLE 43,04900
BoeingCOM09702310535,920281,991SH SOLE 281,99100
Bristol-Myers SquibbCOM1101221084,14080,895SH SOLE 80,89500
CF Industries HoldingsCOM12526910014,18050,783SH SOLE 50,78300
CMS EnergyCOM1258961002578,680SH SOLE 8,68000
CVS HealthCOM12665010033,166416,708SH SOLE 416,70800
Capital One FinancialCOM14040H1052,21527,140SH SOLE 27,14000
Cardinal HealthCOM14149Y10831,953426,500SH SOLE 426,50000
Casey's General StoresCOM1475281036338,835SH SOLE 8,83500
CaterpillarCOM14912310120,140203,375SH SOLE 203,37500
Celanese Corp Series ACOM1508701032384,070SH SOLE 4,07000
Celgene CorpCOM1510201047147,537SH SOLE 7,53700
Chevron CorpCOM16676410033,551281,183SH SOLE 281,18300
Chubb CorpCOM1712321012,17223,849SH SOLE 23,84900
Cisco SystemsCOM17275R10221,292845,934SH SOLE 845,93400
CitigroupCOM1729674242,36745,669SH SOLE 45,66900
Citrix SystemsCOM17737610016,224227,419SH SOLE 227,41900
Coca-ColaCOM1912161001,54036,110SH SOLE 36,11000
Colgate-PalmoliveCOM1941621034647,112SH SOLE 7,11200
Comcast Cl ACOM20030N1011,24023,050SH SOLE 23,05000
Conagra FoodsCOM2058871022848,610SH SOLE 8,61000
ConocoPhillipsCOM20825C10429,789389,301SH SOLE 389,30100
Consolidated EdisonCOM20911510456710,000SH SOLE 10,00000
Cooper CompaniesCOM2166484023402,185SH SOLE 2,18500
CorningCOM21935010528214,560SH SOLE 14,56000
Costco Wholesale CorpCOM22160k1051,29210,310SH SOLE 10,31000
Cummins IncCOM2310211062702,045SH SOLE 2,04500
DaVita HealthCare PartnersCOM23918K1084025,500SH SOLE 5,50000
Deere & CompanyCOM2441991051,48018,053SH SOLE 18,05300
Devon EnergyCOM25179M1034256,229SH SOLE 6,22900
Discover Financial ServicesCOM25470910839,616615,246SH SOLE 615,24600
Disney WaltCOM2546871062,27025,500SH SOLE 25,50000
Dominion Resources VACOM25746U1092723,940SH SOLE 3,94000
Domino's PizzaCOM25754A2012092,710SH SOLE 2,71000
DoverCOM2600031089,306115,847SH SOLE 115,84700
Dow ChemicalCOM2605431035159,825SH SOLE 9,82500
Dr. Pepper Snapple GroupCOM26138E1096379,900SH SOLE 9,90000
Du PontCOM2635341096,11285,176SH SOLE 85,17600
Duke EnergyCOM26441C2043074,109SH SOLE 4,10900
Dun & BradstreetCOM26483E1003863,285SH SOLE 3,28500
EMC Corp/MassCOM26864810227,918954,139SH SOLE 954,13900
Eaton Corp PLCCOMg2918310316,669263,045SH SOLE 263,04500
Edison InternationalCOM2810201072013,588SH SOLE 3,58800
Edwards Lifesciences CPCOM28176E1085175,060SH SOLE 5,06000
Eli LillyCOM5324571082,05131,634SH SOLE 31,63400
Emerson ElectricCOM2910111043806,065SH SOLE 6,06500
Energy Select Sector SPDRCOM81369y5061,09212,053SH SOLE 12,05300
Enterprise ProductsCOM2937921072235,543SH SOLE 5,54300
Express Scripts Holding CompanCOM30219G1083745,298SH SOLE 5,29800
Extra Space Storage Inc.COM30225t1024368,460SH SOLE 8,46000
Exxon MobilCOM30231G10216,130171,500SH SOLE 171,50000
FMCCOM30249130388115,400SH SOLE 15,40000
FedEx CorpCOM31428X10615,10493,555SH SOLE 93,55500
Financial Select Sector SPDRCOM81369y60591439,450SH SOLE 39,45000
Fluor Corp (NEW)COM34341210222,960343,768SH SOLE 343,76800
Foot LockerCOM34484910446,890842,588SH SOLE 842,58800
Fortune Brands Home & SecurityCOM34964C1062506,074SH SOLE 6,07400
Franklin ResourcesCOM3546131014,59184,070SH SOLE 84,07000
General DynamicsCOM3695501081,51011,880SH SOLE 11,88000
General ElectricCOM36960410310,069392,995SH SOLE 392,99500
General MillsCOM3703341042,63752,277SH SOLE 52,27700
Gilead SciencesCOM37555810352,368491,946SH SOLE 491,94600
Goldman Sachs GroupCOM38141G1043011,638SH SOLE 1,63800
Google Class ACOM38259P50820,44334,743SH SOLE 34,74300
Google Class CCOM38259P70617,73130,710SH SOLE 30,71000
Harley-DavidsonCOM4128221081,04818,014SH SOLE 18,01400
Health Care Select Sector SPDRCOM81369y20980712,628SH SOLE 12,62800
HessCOM42809H10713,488143,005SH SOLE 143,00500
Hewlett-PackardCOM42823610337410,557SH SOLE 10,55700
Home DepotCOM43707610230,137328,503SH SOLE 328,50300
Honeywell International IncCOM4385161061,05511,333SH SOLE 11,33300
HumanaCOM4448591023,17924,396SH SOLE 24,39600
Huntington Bancshares IncCOM44615010411511,830SH SOLE 11,83000
Industrial Select Sector SPDRCOM81369Y70488916,731SH SOLE 16,73100
Ingersoll RandCOMG477911011,39524,755SH SOLE 24,75500
IngredionCOM4571871022,34430,930SH SOLE 30,93000
IntelCOM4581401006,752193,901SH SOLE 193,90100
International Business MachineCOM4592001017,10537,429SH SOLE 37,42900
International PaperCOM46014610321,548451,369SH SOLE 451,36900
IntuitCOM4612021031,82220,785SH SOLE 20,78500
Invesco LTDCOMg491bt10819,158485,269SH SOLE 485,26900
JPMorgan Chase and CompanyCOM46625H1006,160102,251SH SOLE 102,25100
JardenCOM47110910821,613359,555SH SOLE 359,55500
Johnson & JohnsonCOM4781601049,44288,579SH SOLE 88,57900
Johnson ControlsCOM4783661072856,475SH SOLE 6,47500
Jones Lang Lasalle IncCOM48020Q10723,972189,742SH SOLE 189,74200
Keurig Green Mountain IncCOM49271M1002081,600SH SOLE 1,60000
Kimberly ClarkCOM49436810322,448208,687SH SOLE 208,68700
Kraft Foods Group, Inc.COM50076q1062173,856SH SOLE 3,85600
L BrandsCOM5017971045848,712SH SOLE 8,71200
Las Vegas SandsCOM51783410724,695396,966SH SOLE 396,96600
Lear CorpCOM52186520413,251153,346SH SOLE 153,34600
Lockheed MartinCOM5398301093631,985SH SOLE 1,98500
MDU Resources GroupCOM55269010911,858426,408SH SOLE 426,40800
Magna International Cl ACOM5592224013463,650SH SOLE 3,65000
Magnum Hunter Resources CorpCOM55973B10233460,000SH SOLE 60,00000
Marathon OilCOM56584910640210,698SH SOLE 10,69800
Marathon PetroleumCOM56585A1024735,592SH SOLE 5,59200
Marsh & McLennanCOM5717481024578,730SH SOLE 8,73000
Mastercard Cl ACOM57636Q1041,34018,125SH SOLE 18,12500
McDonaldsCOM5801351014,44446,875SH SOLE 46,87500
McGraw-Hill FinancialCOM5806451093123,700SH SOLE 3,70000
McKessonCOM58155Q1035112,627SH SOLE 2,62700
MedtronicCOM58505510611,210180,947SH SOLE 180,94700
MerckCOM58933Y1056,901116,410SH SOLE 116,41000
MetLifeCOM59156R1083546,593SH SOLE 6,59300
MicrosoftCOM5949181045,827125,696SH SOLE 125,69600
Mondelez InternationalCOM6092071053399,886SH SOLE 9,88600
MonsantoCOM61166W1011,14210,152SH SOLE 10,15200
Moody's CorporationCOM6153691058328,800SH SOLE 8,80000
Morgan StanleyCOM61744644826,476765,866SH SOLE 765,86600
Motorola SolutionsCOM6200763072884,545SH SOLE 4,54500
Nanoviricides IncCOM6300872038628,572SH SOLE 28,57200
National Oilwell VarcoCOM6370711014235,560SH SOLE 5,56000
Nextera Energy IncCOM65339F1012,37225,271SH SOLE 25,27100
NikeCOM6541061032,89232,421SH SOLE 32,42100
Noble EnergyCOM65504410528,342414,600SH SOLE 414,60000
NordstromCOM6556641006038,816SH SOLE 8,81600
Norfolk SouthernCOM6558441083543,172SH SOLE 3,17200
Occidental PetroleumCOM67459910525,492265,132SH SOLE 265,13200
Oracle CorporationCOM68389X10542511,111SH SOLE 11,11100
PNC Financial Services GroupCOM69347510525,035292,529SH SOLE 292,52900
PPG IndustriesCOM6935061071,6568,418SH SOLE 8,41800
Patterson-Util Energy IncCOM7034811012628,050SH SOLE 8,05000
Penn Virginia CorporationCOM70788210645836,000SH SOLE 36,00000
People's United Financial IncCOM71270410521614,940SH SOLE 14,94000
PepsicoCOM71344810831,172334,857SH SOLE 334,85700
PfizerCOM7170811035,710193,087SH SOLE 193,08700
Philip Morris International InCOM7181721095,63067,504SH SOLE 67,50400
Phillips 66COM7185461043,95948,693SH SOLE 48,69300
Portland General Electric CoCOM73650884713,729427,432SH SOLE 427,43200
PraxairCOM74005P1044003,098SH SOLE 3,09800
Precision CastpartsCOM7401891058163,444SH SOLE 3,44400
Primeenergy CorpCOM74158E1043745,750SH SOLE 5,75000
Procter And GambleCOM7427181097,58390,559SH SOLE 90,55900
Public Svc Enterprise GroupCOM74457310681821,978SH SOLE 21,97800
QualcommCOM74752510328,034374,933SH SOLE 374,93300
Quest DiagnosticsCOM74834L1002373,900SH SOLE 3,90000
RPCCOM7496601062069,375SH SOLE 9,37500
RaytheonCOM7551115071,23512,152SH SOLE 12,15200
SchlumbergerCOM8068571082,43923,986SH SOLE 23,98600
StanCorp Financial GroupCOM8528911002493,937SH SOLE 3,93700
Starbucks CoffeeCOM8552441091,45219,237SH SOLE 19,23700
StrykerCOM86366710121,839270,450SH SOLE 270,45000
Superior Energy Services IncCOM86815710826,764814,230SH SOLE 814,23000
Synaptics IncCOM87157D10920,745283,407SH SOLE 283,40700
TE Connectivity LTDCOMH8498910424,611445,123SH SOLE 445,12300
TJX CompaniesCOM87254010962110,500SH SOLE 10,50000
Technology Select Sect SPDRCOM81369y80341710,445SH SOLE 10,44500
Teledyne Technologies IncCOM8793601053293,500SH SOLE 3,50000
Texas InstrumentsCOM8825081044,00283,917SH SOLE 83,91700
Thermo Fisher ScientificCOM8835561023392,787SH SOLE 2,78700
Time Warner CompaniesCOM88731730345,151600,332SH SOLE 600,33200
Travelers CompaniesCOM89417E1091,44015,326SH SOLE 15,32600
Tyson Foods, Inc Cl ACOM90249410316,026407,071SH SOLE 407,07100
US BancorpCOM9029733044,629110,669SH SOLE 110,66900
Umpqua HoldingsCOM90421410360236,550SH SOLE 36,55000
Union PacificCOM9078181085,08646,906SH SOLE 46,90600
United Parcel Service CL BCOM9113121066116,218SH SOLE 6,21800
United TechnologiesCOM9130171097,55471,531SH SOLE 71,53100
UnitedHealth GroupCOM91324P1023794,390SH SOLE 4,39000
Verizon CommunicationsCOM92343V1043,40268,044SH SOLE 68,04400
Viacom Inc Cl- BCOM92553P2012693,501SH SOLE 3,50100
Visa IncCOM92826C8394662,185SH SOLE 2,18500
VmwareCOM9285634028,90094,845SH SOLE 94,84500
Wal Mart StoresCOM9311421031,64421,494SH SOLE 21,49400
WalgreenCOM9314221092944,958SH SOLE 4,95800
Wells FargoCOM94974610123,140446,123SH SOLE 446,12300
WeyerhaeuserCOM9621661042116,612SH SOLE 6,61200
Williams CompaniesCOM9694571002213,990SH SOLE 3,99000
Zimmer HoldingsCOM98956P1025295,262SH SOLE 5,26200
iShares U.S. Financials ETFCOM4642877882372,830SH SOLE 2,83000
3M CompanyCOM88579Y1013592,532SH SOLE 2,53200
AT & TCOM00206R1026,393181,407SH SOLE 181,40700
AbbVie IncCOM00287Y10914,446250,105SH SOLE 250,10500
Altria GroupCOM02209S10316,438357,807SH SOLE 357,80700
AmerenCOM0236081026,917180,472SH SOLE 180,47200
American ExpressCOM0258161092432,780SH SOLE 2,78000
Ameriprise FinancialCOM03076C10613,792111,787SH SOLE 111,78700
Analog DevicesCOM0326541054529,132SH SOLE 9,13200
Apple IncCOM03783310013,223131,241SH SOLE 131,24100
Arthur J. Gallagher & CoCOM3635761098,939197,059SH SOLE 197,05900
BB&T CorporationCOM05493710710,392279,276SH SOLE 279,27600
BCE IncCOM05534B7603,68086,070SH SOLE 86,07000
Bank of MontrealCOM0636711011,19916,289SH SOLE 16,28900
Baxter InternationalCOM07181310913,341185,892SH SOLE 185,89200
Berkshire Hathaway Class BCOM0846707024833,494SH SOLE 3,49400
BlackRockCOM09247x10112,62838,463SH SOLE 38,46300
Bristol-Myers SquibbCOM11012210813,883271,266SH SOLE 271,26600
CMS EnergyCOM1258961005,548187,064SH SOLE 187,06400
CaterpillarCOM1491231013663,692SH SOLE 3,69200
CenterPoint EnergyCOM15189T1077,688314,194SH SOLE 314,19400
Chevron CorpCOM16676410013,825115,863SH SOLE 115,86300
Cisco SystemsCOM17275R10214,513576,603SH SOLE 576,60300
Comcast Cl ACOM20030N10172513,487SH SOLE 13,48700
ConocoPhillipsCOM20825C1047039,182SH SOLE 9,18200
DiageoCOM25243q2051,0729,289SH SOLE 9,28900
Dow ChemicalCOM2605431035,826111,095SH SOLE 111,09500
Du PontCOM2635341098,606119,931SH SOLE 119,93100
Eaton Corp PLCCOMg291831038,176129,016SH SOLE 129,01600
Eli LillyCOM5324571082744,220SH SOLE 4,22000
Energy Select Sector SPDRCOM81369y5064494,960SH SOLE 4,96000
Ensco PLCCOMG3157S1069,272224,444SH SOLE 224,44400
Exxon MobilCOM30231G1021,57716,767SH SOLE 16,76700
Fifth Third BancorpCOM3167731001,11955,883SH SOLE 55,88300
FiservCOM3377381082954,558SH SOLE 4,55800
General ElectricCOM36960410311,762459,107SH SOLE 459,10700
H & R BlockCOM0936711056,920223,138SH SOLE 223,13800
Home DepotCOM4370761024024,385SH SOLE 4,38500
Honeywell International IncCOM43851610610,562113,422SH SOLE 113,42200
Huntington Bancshares IncCOM4461501049,674994,269SH SOLE 994,26900
IntelCOM45814010014,090404,644SH SOLE 404,64400
JPMorgan Chase and CompanyCOM46625H10011,065183,674SH SOLE 183,67400
Johnson & JohnsonCOM4781601044934,629SH SOLE 4,62900
Kimberly ClarkCOM4943681034504,185SH SOLE 4,18500
L BrandsCOM5017971047,551112,731SH SOLE 112,73100
Leggett & PlattCOM5246601073,940112,840SH SOLE 112,84000
M&T BankCOM55261F10410,61686,106SH SOLE 86,10600
MattelCOM57708110242113,740SH SOLE 13,74000
McDonaldsCOM5801351011,25613,246SH SOLE 13,24600
MerckCOM58933Y1058,779148,090SH SOLE 148,09000
MetLifeCOM59156R10812,998241,965SH SOLE 241,96500
Micron TechnologyCOM5951121032256,581SH SOLE 6,58100
MicrosoftCOM59491810467314,520SH SOLE 14,52000
Occidental PetroleumCOM67459910516,546172,090SH SOLE 172,09000
Oneok Partners LPCOM68268N10398917,680SH SOLE 17,68000
People's United Financial IncCOM71270410547332,676SH SOLE 32,67600
PepsicoCOM7134481083,42736,810SH SOLE 36,81000
PfizerCOM7170811037,743261,842SH SOLE 261,84200
Philip Morris International InCOM7181721094465,345SH SOLE 5,34500
Phillips 66COM7185461043854,734SH SOLE 4,73400
Procter And GambleCOM7427181095206,205SH SOLE 6,20500
Prudential Financial IncCOM7443201026,39472,705SH SOLE 72,70500
RaytheonCOM7551115077,86477,383SH SOLE 77,38300
Simon Property GroupCOM8288061095,73334,870SH SOLE 34,87000
Six Flags Entertainment CorpCOM83001A1025,247152,585SH SOLE 152,58500
Starwood Property TrustCOM85571B1055,090231,780SH SOLE 231,78000
Total S.A. - Spon ADRCOM89151E10912,934200,690SH SOLE 200,69000
Travelers CompaniesCOM89417E1092,22123,648SH SOLE 23,64800
US BancorpCOM90297330496823,137SH SOLE 23,13700
Union PacificCOM9078181082492,300SH SOLE 2,30000
Utilities Select Sector SPDRCOM81369y8862957,000SH SOLE 7,00000
Verizon CommunicationsCOM92343V1043537,066SH SOLE 7,06600
Wells FargoCOM9497461012935,652SH SOLE 5,65200
iShares Russell 1000 Value ETFCOM4642875984664,652SH SOLE 4,65200
iShares Select Dividend ETFCOM4642871681,75723,789SH SOLE 23,78900
SPDR S&P 500 ETF TrustCOM78462F1037013,560SH SOLE 3,56000
SPDR S&P Dividend ETFCOM78464A7633975,300SH SOLE 5,30000
iShares Core S&P 500 ETFCOM46428720043,383218,819SH SOLE 218,81900
iShares Russell 1000 ETFCOM4642876225895,362SH SOLE 5,36200
iShares Russell 3000 ETFCOM4642876892382,036SH SOLE 2,03600
iShares Select Dividend ETFCOM4642871681,15215,599SH SOLE 15,59900
iShares Core S&P Midcap ETFCOM4642875072,50318,303SH SOLE 18,30300
iShares S&P Mid-Cap 400 GrowthCOM4642876062541,675SH SOLE 1,67500
iShares Core S&P Sm Cap ETFCOM4642878044,86146,603SH SOLE 46,60300
iShares Russell 2000 ETFCOM46428765538,257349,857SH SOLE 349,85700
Du Pont Nemours Pfd Series BCOM2635343072792,700SH SOLE 2,70000
Kimco Realty Corp 6% Pfd Ser ICOM49446R7942158,600SH SOLE 8,60000
Met Life 6.500% Ser BCOM59156R60330011,700SH SOLE 11,70000
ABB Limited ADRCOM00037520422810,165SH SOLE 10,16500
AXA-UAP Spons ADRCOM0545361076,153249,932SH SOLE 249,93200
Aegon N.V. - Amer Reg ShrsCOM00792410316720,303SH SOLE 20,30300
Air Liquide - SACOM0091262024,053166,637SH SOLE 166,63700
Airbus Group NV ADRCOM0092791006,647422,490SH SOLE 422,49000
Amcor Limited ADRCOM02341R3022,37359,706SH SOLE 59,70600
Anheuser BuschCOM03524A1083052,751SH SOLE 2,75100
Asahi KaseiCOM04340010024815,270SH SOLE 15,27000
Avago Tech LTDCOMY0486S1047,90990,908SH SOLE 90,90800
BASF SECOM0552625053,72340,655SH SOLE 40,65500
BNP Paribas - ADRCOM05565A2024,138124,744SH SOLE 124,74400
BP PLCCOM0556221043568,095SH SOLE 8,09500
Bayer AG-ADRCOM0727303027,77655,502SH SOLE 55,50200
Bayerische Motoren Werke A ADRCOM0727432064,060112,148SH SOLE 112,14800
Checkpoint SoftwareCOMm224651046,32391,327SH SOLE 91,32700
Compagnie Financiere RichemontCOM20431910710212,445SH SOLE 12,44500
Covidien LtdCOMG2554F1136,77278,281SH SOLE 78,28100
Credit Suisse GroupCOM2254011082177,862SH SOLE 7,86200
DBS Group Holdings ADRCOM23304Y1002,76047,755SH SOLE 47,75500
Danske Bank A/S Spons ADRCOM2363631076,463475,485SH SOLE 475,48500
DiageoCOM25243q2053012,610SH SOLE 2,61000
Fomento Economico Mex SACOM3444191064,19945,617SH SOLE 45,61700
GlaxoSmithKline plc ADRCOM37733W1053808,266SH SOLE 8,26600
HSBC Holdings PLC-Spons ADRCOM4042804064989,791SH SOLE 9,79100
Hitachi LtdCOM4335785073,61547,260SH SOLE 47,26000
Honda Motor Co Ltd ADRCOM4381283082035,935SH SOLE 5,93500
Hutchison Whampoa ADRCOM4484152086,299260,178SH SOLE 260,17800
Ing GroepCOM4568371033,664258,205SH SOLE 258,20500
Intercontinental Hotels ADRCOM45857P5094,290110,974SH SOLE 110,97400
Koninklijke Philips ElectronicCOM5004723032879,053SH SOLE 9,05300
Lloyds Banking Group PLCCOM5394391096,9011,369,157SH SOLE 1,369,15700
MTN Group LimitedCOM62474M1085,870278,281SH SOLE 278,28100
NXP Semiconductors NVCOMN6596X1096,55595,785SH SOLE 95,78500
Nestle S A Rep Rg Sh ADRCOM64106940699413,499SH SOLE 13,49900
Nippon Telegraph & Telephone ACOM6546241056,750216,975SH SOLE 216,97500
Novartis AGCOM66987v1096556,957SH SOLE 6,95700
Orix ADRCOM6863301013,57051,745SH SOLE 51,74500
Otis Gold CorporationCOM689007102010,000SH SOLE 10,00000
PanasonicCOM69832a2054,698395,080SH SOLE 395,08000
Precision Drilling CorporationCOM74022D3085,475507,390SH SOLE 507,39000
Prudential PLC ADRCOM74435K2046,147138,115SH SOLE 138,11500
Roche Holdings Ltd Spon ADRCOM7711951047,419200,571SH SOLE 200,57100
Royal Bank of CanadaCOM7800871022032,845SH SOLE 2,84500
Royal Dutch Shell PLC ACOM7802592062,17028,502SH SOLE 28,50200
Sanofi-Aventis ADRCOM80105N1052003,550SH SOLE 3,55000
Seven and I Holdings LtdCOM81783H1055,48470,633SH SOLE 70,63300
Smith & Nephew PLC - Spon ADRCOM83175M2054,95858,895SH SOLE 58,89500
Stora Enso OyjCOM86210M10645154,076SH SOLE 54,07600
Sumitomo Mitsui Financial GrouCOM86562M20957369,842SH SOLE 69,84200
Suncor EnergyCOM8672241076,931191,721SH SOLE 191,72100
Tata Motors LTDCOM8765685023,62382,877SH SOLE 82,87700
Toronto Dominion BankCOM8911605093,93779,715SH SOLE 79,71500
Total S.A. - Spon ADRCOM89151E1095,63787,467SH SOLE 87,46700
Toyota Motor CorpCOM8923313075314,515SH SOLE 4,51500
Unilever NV New York ShrsCOM9047847093629,134SH SOLE 9,13400
Vodafone Group PLC ADRCOM92857W3082317,030SH SOLE 7,03000
WPP PLCCOM92937A1025,39553,710SH SOLE 53,71000
iShares Europe ETFCOM4642878612074,600SH SOLE 4,60000
iShares MSCI Canada ETFCOM46428650930910,071SH SOLE 10,07100
iShares MSCI EMU ETFCOM46428660884721,989SH SOLE 21,98900
iShares MSCI Japan ETFCOM46428684839733,741SH SOLE 33,74100
iShares MSCI Pacific ex JapanCOM46428666557312,430SH SOLE 12,43000
iShares MSCI United Kingdom InCOM46428669935018,069SH SOLE 18,06900
Vanguard FTSE Emerging MarketCOM9220428588,808211,176SH SOLE 211,17600
iShares MSCI ACWI ex-US IndexCOM46428824055212,147SH SOLE 12,14700
iShares MSCI EAFE ETFCOM4642874659,027140,781SH SOLE 140,78100
iShares MSCI EAFE Small Cap inCOM4642882734348,940SH SOLE 8,94000
American Tower CorpCOM03027X1002,62027,983SH SOLE 27,98300
Boston PropertiesCOM1011211011,98717,164SH SOLE 17,16400
Columbia Property Trust Inc.COM1982872031,33155,745SH SOLE 55,74500
Essex Property TrustCOM2971781053,11717,435SH SOLE 17,43500
Forest City Enterprises ACOM3455501072,732139,675SH SOLE 139,67500
Health Care REITCOM42217K1062,29736,834SH SOLE 36,83400
Kimco RealtyCOM49446r1093,284149,864SH SOLE 149,86400
Prologis IncCOM74340w1031,54540,976SH SOLE 40,97600
RayonierCOM7549071031,33042,718SH SOLE 42,71800
Schwab US REIT ETFCOM8085248472,53674,464SH SOLE 74,46400
Simon Property GroupCOM8288061093,78423,014SH SOLE 23,01400
Sovran Self Storage Inc.COM84610H1081,81724,441SH SOLE 24,44100
UDR IncCOM9026531041,94771,456SH SOLE 71,45600
Vanguard REIT VIPERs ETFCOM92290855384611,775SH SOLE 11,77500
Washington Prime Group Inc.COM93964710322012,569SH SOLE 12,56900
WeyerhaeuserCOM9621661041,79256,249SH SOLE 56,24900
Wyndham Worldwide CorpCOM98310w1082,03225,007SH SOLE 25,00700
iShares Cohen & Steers REIT ETCOM4642875644,63254,837SH SOLE 54,83700
iShares U.S. Real Estate ETFCOM4642877394897,066SH SOLE 7,06600