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
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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 Company COM 88579Y101 1,584 6,730 SH   SOLE   6,730 0 0
AT&T Inc. COM 00206R102 32,206 828,332 SH   SOLE   828,332 0 0
Advanced Micro Devices Inc COM 007903107 6,180 601,197 SH   SOLE   601,197 0 0
Alphabet Inc - C W/I COM 02079K107 8,274 7,907 SH   SOLE   7,907 0 0
Alphabet Inc. Class A COM 02079K305 18,704 17,756 SH   SOLE   17,756 0 0
Amazon.com, Inc. COM 023135106 14,856 12,703 SH   SOLE   12,703 0 0
Anadarko Petroleum Corp. COM 032511107 11,768 219,391 SH   SOLE   219,391 0 0
Apple Inc. COM 037833100 41,629 245,988 SH   SOLE   245,988 0 0
Aptiv PLC (formerly Delphi Aut COM JE00B783T 8,091 95,375 SH   SOLE   95,375 0 0
BlackRock COM 09247X101 8,277 16,112 SH   SOLE   16,112 0 0
Boston Scientific Corp. COM 101137107 14,410 581,298 SH   SOLE   581,298 0 0
Bristol-Myers Squibb Co. COM 110122108 4,314 70,401 SH   SOLE   70,401 0 0
Cabot Oil & Gas Corp. COM 127097103 626 21,905 SH   SOLE   21,905 0 0
Charles Schwab Corp. COM 808513105 13,886 270,320 SH   SOLE   270,320 0 0
Chevron Corp. COM 166764100 619 4,946 SH   SOLE   4,946 0 0
Chubb Corp. COM CH0044328 12,486 85,443 SH   SOLE   85,443 0 0
Cigna Group COM 125509109 16,018 78,873 SH   SOLE   78,873 0 0
Citigroup Inc. COM 172967424 21,015 282,422 SH   SOLE   282,422 0 0
Citizens Financial Group COM 174610105 11,080 263,927 SH   SOLE   263,927 0 0
Community Healthcare Trust COM 20369C106 3,771 134,200 SH   SOLE   134,200 0 0
Coty Inc COM 222070203 4,032 202,693 SH   SOLE   202,693 0 0
Danaher Corp COM 235851102 1,789 19,279 SH   SOLE   19,279 0 0
Deere & Co. COM 244199105 12,563 80,270 SH   SOLE   80,270 0 0
Devon Energy Corp. COM 25179M103 15,431 372,719 SH   SOLE   372,719 0 0
Digital Realty 25386 COM 253868103 3,585 31,477 SH   SOLE   31,477 0 0
Discover Financial Services COM 254709108 14,957 194,450 SH   SOLE   194,450 0 0
EOG Resources Inc. COM 26875P101 973 9,017 SH   SOLE   9,017 0 0
Eaton Corp. COM IE00B8KQN 6,378 80,722 SH   SOLE   80,722 0 0
Electronic Arts COM 285512109 1,845 17,558 SH   SOLE   17,558 0 0
Enable Midstream Partners LP COM 292480100 2,463 173,219 SH   SOLE   173,219 0 0
Enterprise Products Partners COM 293792107 9,582 361,466 SH   SOLE   361,466 0 0
Estee Lauder Companies -CL A COM 518439104 8,908 70,011 SH   SOLE   70,011 0 0
Exact Sciences Corp COM 30063P105 3,109 59,180 SH   SOLE   59,180 0 0
Exelon COM 30161N101 12,920 327,848 SH   SOLE   327,848 0 0
Exxon Mobil Corporation COM 30231G102 2,138 25,560 SH   SOLE   25,560 0 0
Facebook 30303 COM 30303M102 30,207 171,185 SH   SOLE   171,185 0 0
Five Point Holdings LLC COM 33833Q106 5,983 424,333 SH   SOLE   424,333 0 0
Gilead Sciences Inc. COM 375558103 8,325 116,211 SH   SOLE   116,211 0 0
Goldman Sachs Group COM 38141G104 18,690 73,364 SH   SOLE   73,364 0 0
Gulfport Energy Corp COM 402635304 11,722 918,652 SH   SOLE   918,652 0 0
Home Depot Inc. COM 437076102 29,861 157,554 SH   SOLE   157,554 0 0
Honeywell International Inc. COM 438516106 19,348 126,160 SH   SOLE   126,160 0 0
Humana Inc. COM 444859102 7,261 29,269 SH   SOLE   29,269 0 0
Illumina Inc. COM 452327109 11,830 54,143 SH   SOLE   54,143 0 0
Johnson & Johnson COM 478160104 29,108 208,332 SH   SOLE   208,332 0 0
Kansas City Southern COM 485170302 393 3,739 SH   SOLE   3,739 0 0
Lennar Corp.-CL A COM 526057104 15,525 245,500 SH   SOLE   245,500 0 0
Lennar Corp.-CL B COM 526057302 3,639 70,416 SH   SOLE   70,416 0 0
Lincoln Electric Holdings Inc COM 533900106 5,141 56,140 SH   SOLE   56,140 0 0
LyondellBasell Industries NV COM NL0009434 945 8,568 SH   SOLE   8,568 0 0
M & T Bank Corp. COM 55261F104 7,816 45,709 SH   SOLE   45,709 0 0
Martin Marietta Mat COM 573284106 17,939 81,155 SH   SOLE   81,155 0 0
McDonald's Corporation COM 580135101 886 5,147 SH   SOLE   5,147 0 0
Merck & Co. Inc. COM 58933Y105 27,929 496,337 SH   SOLE   496,337 0 0
Micron Technology COM 595112103 13,948 339,209 SH   SOLE   339,209 0 0
Microsoft Corp. COM 594918104 45,392 530,655 SH   SOLE   530,655 0 0
Mondelez International INC-A COM 609207105 18,428 430,571 SH   SOLE   430,571 0 0
Ni Source Inc. COM 65473P105 10,994 428,266 SH   SOLE   428,266 0 0
Nike Inc. COM 654106103 11,357 181,569 SH   SOLE   181,569 0 0
Palo Alto Networks Inc. COM 697435105 20,455 141,126 SH   SOLE   141,126 0 0
Pepsico Inc. COM 713448108 24,295 202,590 SH   SOLE   202,590 0 0
Pfizer Inc. COM 717081103 1,849 51,051 SH   SOLE   51,051 0 0
Procter & Gamble Co. COM 742718109 25,237 274,675 SH   SOLE   274,675 0 0
Pulte Homes Inc. COM 745867101 12,952 389,523 SH   SOLE   389,523 0 0
Qualcomm Inc. COM 747525103 20,741 323,984 SH   SOLE   323,984 0 0
Quanta Services Inc. COM 74762E102 16,326 417,447 SH   SOLE   417,447 0 0
Range Resouces Corp. (from Lom COM 75281A109 3,295 193,154 SH   SOLE   193,154 0 0
Rockwell Automation COM 773903109 12,421 63,261 SH   SOLE   63,261 0 0
S&P Global Inc. COM 78409V104 1,672 9,872 SH   SOLE   9,872 0 0
SPDR S&P 500 ETF TRUST COM 78462F103 631,891 2,367,874 SH   SOLE   2,367,874 0 0
Schlumberger Ltd. COM 806857108 1,041 15,446 SH   SOLE   15,446 0 0
Splunk Inc. COM 848637104 12,921 155,981 SH   SOLE   155,981 0 0
TJX Companies COM 872540109 25,579 334,539 SH   SOLE   334,539 0 0
Thermo Fisher Scientific Inc COM 883556102 15,344 80,808 SH   SOLE   80,808 0 0
Time Warner Inc. COM 887317303 5,163 56,445 SH   SOLE   56,445 0 0
United Health Group COM 91324P102 9,831 44,592 SH   SOLE   44,592 0 0
United Technologies Corp. COM 913017109 6,848 53,678 SH   SOLE   53,678 0 0
Universal Display Corp COM 91347P105 12,704 73,584 SH   SOLE   73,584 0 0
Vanguard Developed Markets ETF COM 921943858 437,364 9,749,526 SH   SOLE   9,749,526 0 0
Vanguard Emerging Markets ETF COM 922042858 161,757 3,523,346 SH   SOLE   3,523,346 0 0
Visa Inc 'A' COM 92826C839 1,647 14,444 SH   SOLE   14,444 0 0
Wal-Mart Stores Inc. COM 931142103 483 4,896 SH   SOLE   4,896 0 0
Alibaba Group Holding Ltd 0160 GDR 01609W102 2,079 12,056 SH   SOLE   12,056 0 0
CTRIP.com ADR 22943F100 GDR 22943F100 5,707 129,409 SH   SOLE   129,409 0 0
JD.com Inc. 47215 GDR 47215P106 4,269 103,059 SH   SOLE   103,059 0 0
Proshares Ultrashort 20 Yr Tre GDR 74347B201 2,533 75,000 SH   SOLE   75,000 0 0
Samsung Electronics GDR 796050 GDR 796050888 3,102 2,589 SH   SOLE   2,589 0 0
Sogou Inc. (S GDR 83409V104 7,962 688,153 SH   SOLE   688,153 0 0
Taiwan Semiconductor ADR 87403 GDR 874039100 2,699 68,078 SH   SOLE   68,078 0 0