Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	LEUCADIA NATL CORP	7,679,081	$215M	5.0%	—	—	COM	527288104
BAX	BAXTER INTL INC	2,243,050	$165M	3.9%	—	—	COM	071813109
—	ENSTAR GROUP LTD	1,210,113	$165M	3.9%	—	—	COM	G3075P101
QCOM	QUALCOMM INC COM	1,825,416	$144M	3.4%	—	—	COM	747525103
ROP	ROPER INDS INC NEW	867,460	$116M	2.7%	—	—	COM	776696106
ABT	ABBOTT LABS	3,004,026	$116M	2.7%	—	—	COM	002824100
—	BROOKFIELD ASSET MANAGEMENT-CL	2,819,072	$115M	2.7%	—	—	COM	112585104
—	ANHEUSER BUSCH INBEV SPONSORED	1,089,132	$115M	2.7%	—	—	COM	03524a108
DOV	DOVER CORP	1,402,813	$115M	2.7%	—	—	COM	260003108
FLR	FLUOR CORP	1,444,231	$112M	2.6%	—	—	COM	343412102
DVN	DEVON ENERGY CORP NEW COM	1,656,866	$111M	2.6%	—	—	COM	25179M103
IBM	INTL. BUSINESS MACHINES	565,731	$109M	2.5%	—	—	COM	459200101
USB	US BANCORP DEL COM	2,282,203	$97.81M	2.3%	—	—	COM	902973304
SLB	SCHLUMBERGER LTD	986,923	$96.22M	2.2%	—	—	COM	806857108
—	NOBLE CORP PLC	2,813,974	$92.13M	2.2%	—	—	COM	G65431101
—	NATIONAL OILWELL VARCO INC.	1,145,981	$89.24M	2.1%	—	—	COM	637071101
—	RENAISSANCE RE HLDGS	906,846	$88.51M	2.1%	—	—	COM	g7496g103
MRK	MERCK & CO INC	1,533,847	$87.08M	2.0%	—	—	COM	58933Y105
JNJ	JOHNSON & JOHNSON	876,472	$86.1M	2.0%	—	—	COM	478160104
—	GOOGLE INC CL A	75,913	$84.61M	2.0%	—	—	COM	38259p508
—	LAB.CP OF AMER HLDGS.	803,814	$78.94M	1.8%	—	—	COM	50540R409
—	BED BATH & BEYOND INC	1,142,787	$78.62M	1.8%	—	—	COM	075896100
WAT	WATERS CORPORATION	713,440	$77.34M	1.8%	—	—	COM	941848103
MSFT	MICROSOFT CORP	1,833,790	$75.17M	1.8%	—	—	COM	594918104
—	BLACKSTONE GROUP L P COM UNIT	2,217,858	$73.74M	1.7%	—	—	COM	09253u108
MKL	MARKEL CORP COM	117,201	$69.86M	1.6%	—	—	COM	570535104
SUBCY	SUBSEA 7 S A SPONSORED ADR	3,659,500	$67.74M	1.6%	—	—	COM	864323100
—	HOMEFED CORP	1,210,984	$58.73M	1.4%	—	—	COM	43739d307
COP	CONOCOPHILLIPS	834,808	$58.73M	1.4%	—	—	COM	20825C104
BRK/B	BERKSHIRE HATHAW.CLB	434,297	$54.27M	1.3%	—	—	COM	084670702
—	GLOBALSTAR INC	19,966,900	$52.91M	1.2%	—	—	COM	378973408
LOW	LOWES COS INC COM	1,080,558	$52.84M	1.2%	—	—	COM	548661107
XOM	EXXON MOBIL CORP	535,349	$52.29M	1.2%	—	—	COM	30231G102
—	ENCANA CORP	2,397,321	$51.26M	1.2%	—	—	COM	292505104
SJT	SAN JUAN BASIN RTUBI	2,772,804	$48.94M	1.1%	—	—	COM	798241105
—	COACH INC	914,775	$45.43M	1.1%	—	—	COM	189754104
UNP	UNION PAC CORP	238,014	$44.67M	1.0%	—	—	COM	907818108
MTDR	MATADOR RES CO COM	1,594,715	$39.05M	0.9%	—	—	COM	576485205
AXS	AXIS CAP.HOLDGS.LTD.	850,618	$39M	0.9%	—	—	COM	G0692U109
WAB	WABTEC CORPORATION	414,952	$32.16M	0.8%	—	—	COM	929740108
—	BOULEVARD ACQUIS CORP UT1COM &	3,198,925	$32.15M	0.8%	—	—	COM	10157p203
—	LEVEL 3 COMMUNICATIONS COM NEW	814,460	$31.88M	0.7%	—	—	COM	52729N308
—	SPECTRA ENERGY CORP.	780,249	$28.82M	0.7%	—	—	COM	847560109
AXP	AMERICAN EXPRESS CO	314,062	$28.27M	0.7%	—	—	COM	025816109
—	PICO HOLDINGS INC	1,078,075	$28.02M	0.7%	—	—	COM	693366205
VZ	VERIZON COMM.	516,402	$24.57M	0.6%	—	—	COM	92343V104
—	BRISTOW GROUP INC COM	296,543	$22.39M	0.5%	—	—	COM	110394103
WMB	WILLIAMS COS INC DEL	514,315	$20.87M	0.5%	—	—	COM	969457100
FDX	FEDEX CORP	148,480	$19.68M	0.5%	—	—	COM	31428X106
CVX	CHEVRON CORPORATION	160,703	$19.11M	0.4%	—	—	COM	166764100
—	ROYAL DUTCH SHELL PLC SPON ADR	247,111	$18.05M	0.4%	—	—	COM	780259206
—	DUKE ENERGY CORP NEW COM NEW	221,425	$15.77M	0.4%	—	—	COM	26441c204
WMT	WAL MART STORES INC	206,034	$15.75M	0.4%	—	—	COM	931142103
BRK/A	BERKSHIRE HATHAW.CLA	76	$14.24M	0.3%	—	—	COM	084670108
SYY	SYSCO CORP COM	380,283	$13.74M	0.3%	—	—	COM	871829107
—	KNOWLES CORP.	405,075	$12.79M	0.3%	—	—	COM	49926d109
EMR	EMERSON ELEC CO	188,203	$12.57M	0.3%	—	—	COM	291011104
—	HUBBELL INC B	99,015	$11.87M	0.3%	—	—	COM	443510201
KMB	KIMBERLY CLARK CORP	105,553	$11.64M	0.3%	—	—	COM	494368103
MTB	M & T BK CORP	95,769	$11.62M	0.3%	—	—	COM	55261F104
PG	PROCTER & GAMBLE	131,795	$10.62M	0.2%	—	—	COM	742718109
PM	PHILIP MORRIS INTL INC COM	119,508	$9.785M	0.2%	—	—	COM	718172109
—	FREEPORT-MCMORAN COPPER&GOLD-B	286,822	$9.485M	0.2%	—	—	COM	35671d857
—	GRUPO TELEVISA SA - SPONS ADR	264,385	$8.801M	0.2%	—	—	COM	40049j206
AAPL	APPLE INC	15,893	$8.53M	0.2%	—	—	COM	037833100
—	POTASH CP OF SASKATCHEWAN	230,900	$8.363M	0.2%	—	—	COM	73755L107
KO	COCA-COLA CO	206,659	$7.989M	0.2%	—	—	COM	191216100
—	GENERAL ELEC CO	308,353	$7.983M	0.2%	—	—	COM	369604103
CVE	CENOVUS ENERGY INC COM	245,440	$7.108M	0.2%	—	—	COM	15135U109
—	HUNTINGDON CAPITAL CORP.	647,250	$7.029M	0.2%	—	—	COM	B3YY804
HD	HOME DEPOT INC COM	83,561	$6.612M	0.2%	—	—	COM	437076102
—	PANIN FINANCIAL TBK	27,243,750	$6.235M	0.1%	—	—	COM	6671422
—	DIRECTV COM	81,127	$6.2M	0.1%	—	—	COM	25490a309
WFC	WELLS FARGO & CO NEW	117,005	$5.82M	0.1%	—	—	COM	949746101
—	CHUBB CORP COM	62,500	$5.581M	0.1%	—	—	COM	171232101
CL	COLGATE PALMOLIVE CO	84,690	$5.494M	0.1%	—	—	COM	194162103
—	DUFRY AG	30,000	$5.158M	0.1%	—	—	COM	b0r80x9
MMM	3M COMPANY	36,817	$4.995M	0.1%	—	—	COM	88579Y101
—	PRAXAIR INC COM	35,783	$4.686M	0.1%	—	—	COM	74005P104
—	HUNTINGDON CAP CORP COM	426,505	$4.607M	0.1%	—	—	COM	44586v101
WWD	WOODWARD INC COM	105,496	$4.382M	0.1%	—	—	COM	980745103
—	UNITED TECHNOLOGIES CP	37,250	$4.352M	0.1%	—	—	COM	913017109
DIS	DISNEY WALT CO	53,117	$4.253M	0.1%	—	—	COM	254687106
MO	ALTRIA GROUP INC	112,619	$4.215M	0.1%	—	—	COM	02209S103
FISV	FISERV INC	74,266	$4.21M	0.1%	—	—	COM	337738108
PFE	PFIZER INC	128,888	$4.14M	0.1%	—	—	COM	717081103
—	ABBVIE INC. COM	78,783	$4.049M	0.1%	—	—	COM	00287y109
—	HESS CORPORATION	46,266	$3.835M	0.1%	—	—	COM	42809h107
GLD	SPDR GOLD TRUST	29,276	$3.618M	0.1%	—	—	EMF	78463V107
BMY	BRISTOL MYERS SQUIBB	68,241	$3.545M	0.1%	—	—	COM	110122108
PEP	PEPSICO INC COM	37,288	$3.114M	0.1%	—	—	COM	713448108
COST	COSTCO WHSL CORP NEW	27,876	$3.113M	0.1%	—	—	COM	22160K105
WLY	WILEY JOHN & SONS CLA	53,360	$3.076M	0.1%	—	—	COM	968223206
CHCO	CITY HLDG CO COM	68,461	$3.071M	0.1%	—	—	COM	177835105
—	GENTING BHD	999,900	$3.063M	0.1%	—	—	COM	B1VXJL8
NSRGY	NESTLE SA SPONSORED ADR	40,712	$3.062M	0.1%	—	—	COM	641069406
—	HCC INS HLDGS INC	65,081	$2.961M	0.1%	—	—	COM	404132102
—	HUBBELL INC CL A	26,564	$2.953M	0.1%	—	—	COM	443510102
—	CRIMSON WINE GROUP LTD COM	329,072	$2.912M	0.1%	—	—	COM	22662x100
CNI	CANADIAN NATL RAILWAY	50,900	$2.861M	0.1%	—	—	COM	136375102
—	K1 VENTURES	17,880,000	$2.786M	0.1%	—	—	COM	6269805
—	COAL INDIA LTD	577,430	$2.784M	0.1%	—	—	COM	b4z9xf5
—	WHEELOCK & COMPANY	694,000	$2.711M	0.1%	—	—	COM	6981488
—	FAIRFAX FINL HLDGS SUB VTG	6,235	$2.708M	0.1%	—	—	COM	2566351
—	AT&T CORP	75,608	$2.652M	0.1%	—	—	COM	00206r102
JPM	JPMORGAN CHASE & CO.	42,226	$2.564M	0.1%	—	—	COM	46625H100
—	ARAB BANK	199,995	$2.564M	0.1%	—	—	COM	B074509
BA	BOEING CO COM	19,794	$2.484M	0.1%	—	—	COM	097023105
—	ONEOK PARTNERS LP UNIT LTD PAR	46,146	$2.471M	0.1%	—	—	COM	68268N103
AZO	AUTOZONE INC	4,550	$2.444M	0.1%	—	—	COM	053332102
HON	HONEYWELL INTL INC	26,120	$2.423M	0.1%	—	—	COM	438516106
NVS	NOVARTIS A G SPONSORED ADR	28,449	$2.419M	0.1%	—	—	COM	66987V109
—	PENN WEST PETE LTD NEW COM	278,612	$2.33M	0.1%	—	—	COM	b63fy34
—	FANUC LTD	12,800	$2.258M	0.1%	—	—	COM	6356934
AMGN	AMGEN INC COM	17,613	$2.172M	0.1%	—	—	COM	031162100
—	KCELL JT STK CO SPON GDR REG S	157,360	$2.156M	0.1%	—	—	COM	48668g205
—	EAGLEWOOD INCOME FUND I	200,000	$2.14M	0.1%	—	—	LP	eaglewood
—	PACIFIC RUB ENRGY CORP COM NEW	116,000	$2.09M	0.0%	—	—	COM	2523635
—	AQUASITION CORP UNIT EX 000017	200,000	$2.082M	0.0%	—	—	COM	y0192h129
—	TORCHMARK CORP COM	26,450	$2.082M	0.0%	—	—	COM	891027104
SO	SOUTHERN CO COM	46,228	$2.031M	0.0%	—	—	COM	842587107
DHR	DANAHER CORP DEL	25,905	$1.943M	0.0%	—	—	COM	235851102
—	LINEAR TECHNOLOGY CORP COM	38,650	$1.882M	0.0%	—	—	COM	535678106
—	BBA AVIATION PLC	340,000	$1.881M	0.0%	—	—	COM	B1FP891
D	DOMINION RESOURCES	26,415	$1.875M	0.0%	—	—	COM	25746U109
—	RECKITT BENCKISER GROUP PLC	22,600	$1.861M	0.0%	—	—	COM	G74079107
—	JPMORGAN CHASE & CO WT EXP 102	92,100	$1.86M	0.0%	—	—	WT	46634e114
ITW	ILLINOIS TOOL WKS INC	22,849	$1.858M	0.0%	—	—	COM	452308109
BK	BANK NEW YORK MELLON CORP	52,206	$1.842M	0.0%	—	—	COM	064058100
TD	TORONTO-DOMINION BK	39,156	$1.838M	0.0%	—	—	COM	891160509
CSCO	CISCO SYS INC	81,050	$1.817M	0.0%	—	—	COM	17275R102
—	ARCHER LTD	1,384,700	$1.804M	0.0%	—	—	COM	b2850b1
—	VIACOM INC CL B	20,950	$1.781M	0.0%	—	—	COM	92553p201
—	PETROAMERICA OIL CORP COM	6,418,800	$1.743M	0.0%	—	—	COM	2173858
AJG	GALLAGHER ARTHUR J	36,000	$1.713M	0.0%	—	—	COM	363576109
—	DEWAN HOUSING FIN	465,285	$1.699M	0.0%	—	—	COM	6727585
SPY	SPDR TR UNIT SER 1 STANDARD &	8,994	$1.682M	0.0%	—	—	EMF	78462F103
—	LIBERTY MEDIA CORPORAT LIB CAP	12,536	$1.639M	0.0%	—	—	COM	531229102
—	EXPRESS SCRIPTS INC COM	21,529	$1.617M	0.0%	—	—	COM	30219g108
BEN	FRANKLIN RES INC COM	29,125	$1.578M	0.0%	—	—	COM	354613101
MDLZ	MONDELEZ INTL INC COM	43,394	$1.499M	0.0%	—	—	COM	609207105
FANUY	FANUC CORPORATION ADR	50,200	$1.491M	0.0%	—	—	COM	307305102
CVS	CVS CAREMARK CORP	19,821	$1.484M	0.0%	—	—	COM	126650100
TEVA	TEVA PHARMAC.IND.ADR	27,539	$1.455M	0.0%	—	—	COM	881624209
—	EMPRESAS ICA SAB	840,000	$1.397M	0.0%	—	—	COM	b0mt4r9
—	FAM REAL ESTATE UNIT	173,500	$1.382M	0.0%	—	—	COM	b8jf3x5
—	TRI CONTL CORP PFD $2.50	29,502	$1.361M	0.0%	—	—	PFD	895436202
—	BRIGHTWOOD SWITCH SPV, LP.	117,073	$1.359M	0.0%	—	—	LP	brightwlp
—	WALGREEN CO COM	19,525	$1.289M	0.0%	—	—	COM	931422109
—	WELLS FARGO & CO NEW WT EXP 10	68,500	$1.277M	0.0%	—	—	WT	949746119
NEE	NEXTERA ENERGY INC.	13,310	$1.273M	0.0%	—	—	COM	65339F101
—	NESTLE SA	16,720	$1.259M	0.0%	—	—	COM	7123870
HSBC	HSBC HLDGS PLC SPON ADR	24,425	$1.242M	0.0%	—	—	COM	404280406
INTC	INTEL CORP COM	47,950	$1.238M	0.0%	—	—	COM	458140100
—	LIBERTY INTERACTIVE CO INT COM	42,605	$1.23M	0.0%	—	—	COM	53071m104
ADP	AUTOM.DATA PROCESSING	15,506	$1.198M	0.0%	—	—	COM	053015103
—	BARD C R INC COM	8,097	$1.198M	0.0%	—	—	COM	067383109
ABBNY	ABB LTD.	45,200	$1.165M	0.0%	—	—	COM	000375204
OMC	OMNICOM GROUP INC	16,000	$1.162M	0.0%	—	—	COM	681919106
—	BHARAT INVESTORS, L.P.	100,000	$1.154M	0.0%	—	—	LP	bharatinv
—	CANADIAN OIL SANDS TRUST (COS.	54,205	$1.136M	0.0%	—	—	COM	13643e105
BP	BP P.L.C.	23,537	$1.132M	0.0%	—	—	COM	055622104
LMT	LOCKHEED MARTIN CORP.	6,880	$1.123M	0.0%	—	—	COM	539830109
—	CANADIAN PAC RY LTD COM	7,435	$1.118M	0.0%	—	—	COM	13645T100
—	TESCO	225,500	$1.111M	0.0%	—	—	COM	0884709
—	COCA COLA EMBONOR	616,000	$1.107M	0.0%	—	—	COM	2411547
—	TOTAL FINA ELF S A ADR	16,830	$1.104M	0.0%	—	—	COM	89151E109
—	CLARCOR INC COM	18,500	$1.061M	0.0%	—	—	COM	179895107
—	WHITING PETROLEUM CORP	15,200	$1.055M	0.0%	—	—	COM	966387102
FLS	FLOWSERVE CORP COM	13,362	$1.047M	0.0%	—	—	COM	34354P105
ED	CONSOLIDATED EDISON	19,510	$1.046M	0.0%	—	—	COM	209115104
—	KINROSS GOLD CORP COM NO PAR	252,000	$1.042M	0.0%	—	—	COM	B03Z841
MTD	METTLER TOLEDO INT'L	4,400	$1.037M	0.0%	—	—	COM	592688105
—	G4S	255,000	$1.027M	0.0%	—	—	COM	b01flg6
—	AIR LEASE CORP CL A	27,150	$1.012M	0.0%	—	—	COM	00912x302
—	PAREXEL INTL CORP COM	18,600	$1.006M	0.0%	—	—	COM	699462107
—	THE TRAVELERS COMPANIES, INC	11,569	$985K	0.0%	—	—	COM	89417e109
—	HEWLETT-PACKARD CO	30,250	$979K	0.0%	—	—	COM	428236103
—	CELGENE CORP	6,850	$956K	0.0%	—	—	COM	151020104
—	COMCAST CORP - SP. CL A	19,525	$952K	0.0%	—	—	COM	20030N200
—	NINTENDO CO LTD	8,000	$950K	0.0%	—	—	COM	6639550
—	NOBLE ENERGY INC	13,250	$941K	0.0%	—	—	COM	655044105
—	GLAXO SMITHKL.PLC ADR	17,560	$938K	0.0%	—	—	COM	37733W105
V	VISA INC COM CL A	4,330	$935K	0.0%	—	—	COM	92826C839
—	VARIAN MEDICAL SYSTEMS INC	10,925	$918K	0.0%	—	—	COM	92220p105
—	ANADARKO PETE CORP	10,513	$891K	0.0%	—	—	COM	032511107
NDSN	NORDSON CORP COM	12,600	$888K	0.0%	—	—	COM	655663102
—	ASIAN SELECT EQUITY INVEST. PA	250,000	$872K	0.0%	—	—	LP	ASIAN
—	SOFTBANK CORP	11,500	$869K	0.0%	—	—	COM	6770620
—	ONEX COPR SUB VTG (ONEXF)	15,550	$866K	0.0%	—	—	COM	68272k103
CBSH	COMMERCE BANCSHARES COM	18,579	$862K	0.0%	—	—	COM	200525103
CMCSA	COMCAST CORP CL A	17,205	$861K	0.0%	—	—	COM	20030N101
BIDU	BAIDU INC SPON ADR REP A	5,618	$855K	0.0%	—	—	COM	056752108
HGTXU	HUGOTON ROYALTY TRUST SHS BEN	105,800	$854K	0.0%	—	—	COM	444717102
DE	DEERE & CO COM	9,315	$846K	0.0%	—	—	COM	244199105
PGR	PROGRESSIVE CORP OHIO	34,496	$835K	0.0%	—	—	COM	743315103
GIS	GENERAL MLS INC COM	16,100	$834K	0.0%	—	—	COM	370334104
—	SUDAMERICANA VAPOR	17,032,937	$832K	0.0%	—	—	COM	2196338
—	RAYTHEON COMPANY	8,322	$822K	0.0%	—	—	COM	755111507
—	UGL LIMITED	125,945	$820K	0.0%	—	—	COM	6914871
MCD	MCDONALDS CORP COM	8,269	$811K	0.0%	—	—	COM	580135101
HELE	HELEN OF TROY LTD NEW	11,542	$799K	0.0%	—	—	COM	G4388N106
—	MEDTRONIC INC	12,605	$775K	0.0%	—	—	COM	585055106
—	DU PONT EI DE NEMOURS	11,492	$771K	0.0%	—	—	COM	263534109
NTRS	NORTHERN TR CORP COM	11,250	$738K	0.0%	—	—	COM	665859104
TGT	TARGET CORP COM	12,120	$733K	0.0%	—	—	COM	87612E106
L	LOEWS CORP.	15,896	$700K	0.0%	—	—	COM	540424108
BWEL	BOSWELL J G CO	748	$686K	0.0%	—	—	COM	101205102
PEG	PUBLIC SERVICE ENTERPRISE GR	17,866	$681K	0.0%	—	—	COM	744573106
—	UNILEVER N V N Y SHS	16,521	$679K	0.0%	—	—	COM	904784709
FCNTX	FIDELITY CONTRA FUND COM	7,060	$675K	0.0%	—	—	MF	316071109
—	KRAFT FOODS GROUP INC COM	11,956	$671K	0.0%	—	—	COM	50076q106
VOD	VODAFONE GR.PLC ADR	17,559	$646K	0.0%	—	—	COM	92857W308
—	LIBERTY MEDIA CORP. LIB CAP CO	4,705	$616K	0.0%	—	—	COM	531229201
—	BANK OF AMERICA CORP WT EXP 01	74,000	$608K	0.0%	—	—	WT	060505146
VNO	VORNADO REALTY TRUST	6,134	$605K	0.0%	—	—	COM	929042109
MA	MASTERCARD INC CL A	8,100	$605K	0.0%	—	—	COM	57636Q104
CINF	CINCINNATI FINL CORP COM	12,275	$597K	0.0%	—	—	COM	172062101
—	RANGE RESOURCES CORP	7,150	$593K	0.0%	—	—	COM	75281a109
BRC	BRADY CORP CL A	21,600	$586K	0.0%	—	—	COM	104674106
—	VALUE PARTNERS GP	959,000	$580K	0.0%	—	—	COM	B28XTQ3
KOF	COCA-COLA FEMSA ADR+	5,500	$580K	0.0%	—	—	COM	191241108
IEX	IDEX CORP	7,873	$574K	0.0%	—	—	COM	45167R104
—	COVIDIEN PLC	7,780	$573K	0.0%	—	—	COM	g2554f113
—	BROOKFIELD INFRASTRUCTURE PA	14,405	$568K	0.0%	—	—	COM	g16252101
TSCO	TRACTOR SUPPLY CO COM	7,640	$540K	0.0%	—	—	COM	892356106
—	NUCLEO CAPITAL EQUITY FUND LLC	5,000	$539K	0.0%	—	—	LP	nucleocap
CSL	CARLISLE COS INC COM	6,700	$532K	0.0%	—	—	COM	142339100
—	AMCOL INTL CORP COM	11,400	$522K	0.0%	—	—	COM	02341W103
GLW	CORNING INC COM	24,455	$509K	0.0%	—	—	COM	219350105
—	ALLERGAN INC COM	4,098	$509K	0.0%	—	—	COM	018490102
—	KELLOGG CO COM	8,000	$502K	0.0%	—	—	COM	487836108
—	DISCOVERY COMMUN NEW COM SER C	6,491	$500K	0.0%	—	—	COM	25470f302
ALL	ALLSTATE CORP COM	8,758	$496K	0.0%	—	—	COM	020002101
—	LINN ENERGY LLC UNIT LTD LIAB	17,400	$493K	0.0%	—	—	COM	536020100
—	JOHNSON CONTROLS INC	10,362	$490K	0.0%	—	—	COM	478366107
—	IRON MOUNTAIN INC	17,688	$488K	0.0%	—	—	COM	462846106
TJX	TJX COS INC NEW COM	7,972	$484K	0.0%	—	—	COM	872540109
—	FIRST PACIFIC CO	486,000	$483K	0.0%	—	—	COM	6339872
—	WADDELL & REED FINL CL A	6,511	$479K	0.0%	—	—	COM	930059100
—	ROYAL DUTCH SHELL PLC SPON ADR	6,088	$476K	0.0%	—	—	COM	780259107
KMX	CARMAX INC COM	10,000	$468K	0.0%	—	—	COM	143130102
—	CARLYLE GMS FINANCE INC.	23,741	$466K	0.0%	—	—	LP	99vvauds8
FMX	FOMENTO ECONOMICO MEXICANO ADR	5,000	$466K	0.0%	—	—	COM	344419106
EPD	ENTERPRISE PRODS PARTNERS LP	6,638	$460K	0.0%	—	—	COM	293792107
—	PETROMANAS ENERGY INC COM	2,651,700	$451K	0.0%	—	—	COM	71672A105
—	BROOKFIELD PROPERTY PARTNERS	23,607	$442K	0.0%	—	—	COM	g16249107
—	LIBERTY GLOBAL PLC-C	10,734	$437K	0.0%	—	—	COM	g5480u120
APD	AIR PRODUCTS & CHEMICALS INC	3,625	$432K	0.0%	—	—	COM	009158106
—	WILLIAMS PARTNERS LP COM UNIT	8,327	$424K	0.0%	—	—	COM	96950f104
—	GRUPO TMM S A B SP ADR 5 A SHS	465,440	$419K	0.0%	—	—	COM	40051d303
—	NUANCE COMMUNICATIONS INC	24,000	$412K	0.0%	—	—	COM	67020Y100
HSY	THE HERSHEY CO.	3,873	$404K	0.0%	—	—	COM	427866108
—	VIACOM INC - CL A	4,550	$388K	0.0%	—	—	COM	92553p102
DLTR	DOLLAR TREE INC COM	7,290	$380K	0.0%	—	—	COM	256746108
—	DISCOVERY COMMUNICATIONS NEW C	4,560	$377K	0.0%	—	—	COM	25470F104
LLY	LILLY ELI & CO COM	6,315	$372K	0.0%	—	—	COM	532457108
MQIFX	FRANKLIN MUTUAL QUALIFIED-Z	19,724	$367K	0.0%	—	—	MF	628380206
—	LIBERTY INTERACTIVE CO INT COM	12,656	$366K	0.0%	—	—	COM	53071m203
—	MONSANTO CO NEW COM	3,175	$361K	0.0%	—	—	COM	61166W101
WM	WASTE MGMT INC DEL COM	8,300	$349K	0.0%	—	—	COM	94106L109
—	MANDALAY RES CORP COM NEW	422,750	$347K	0.0%	—	—	COM	562568204
FAST	FASTENAL CO	7,000	$345K	0.0%	—	—	COM	311900104
—	SILVER WHEATON CORP COM	15,000	$341K	0.0%	—	—	COM	828336107
—	AMERICAN NATL INS CO	3,000	$339K	0.0%	—	—	COM	028591105
—	FIDELITY NATIONAL INFORMATION	6,275	$335K	0.0%	—	—	COM	31620m106
—	BAKER HUGHES INC COM	5,113	$332K	0.0%	—	—	COM	057224107
—	EATON VANCE TAX MNG GB COM	32,700	$330K	0.0%	—	—	EMF	27829f108
GILD	GILEAD SCIENCES INC	4,650	$329K	0.0%	—	—	COM	375558103
—	SUNOCO LOGISTICS PARTNERS LP U	3,600	$327K	0.0%	—	—	COM	86764L108
—	TYCO INTL LTD	7,563	$321K	0.0%	—	—	COM	H89128104
RPM	RPM INTL INC COM	7,600	$318K	0.0%	—	—	COM	749685103
—	HARRIS CORP	4,288	$314K	0.0%	—	—	COM	413875105
AMZN	AMAZON.COM INC	925	$311K	0.0%	—	—	COM	023135106
FITB	FIFTH THIRD BANCORP	13,500	$310K	0.0%	—	—	COM	316773100
SBUX	STARBUCKS CORP COM	4,200	$308K	0.0%	—	—	COM	855244109
UPS	UNITED PARCEL SERV.B	3,161	$308K	0.0%	—	—	COM	911312106
ORCL	ORACLE CORP COM	7,513	$307K	0.0%	—	—	COM	68389X105
OHI	OMEGA HEALTHCARE INVESTORS	9,000	$302K	0.0%	—	—	COM	681936100
—	MEDICI RS, LLC	300,000	$300K	0.0%	—	—	LP	medicirs1
AES	AES CORP COM	20,850	$298K	0.0%	—	—	COM	00130H105
DTEGY	DEUTSCHE TELEKOM AG SPONSORED	17,750	$288K	0.0%	—	—	COM	251566105
EWY	ISHARES MSCI SOUTH KOREA INDEX	4,600	$283K	0.0%	—	—	ICEF	464286772
NUE	NUCOR CORP	5,575	$282K	0.0%	—	—	COM	670346105
TMO	THERMO FISHER SCIENTIF COM	2,325	$280K	0.0%	—	—	COM	883556102
—	CANCER GENETICS INC.	18,375	$277K	0.0%	—	—	COM	13739u104
HCSG	HEALTHCARE SVCS GP INC COM	9,500	$276K	0.0%	—	—	COM	421906108
EOG	EOG RES INC COM	1,380	$271K	0.0%	—	—	COM	26875P101
CAIBX	CAPITAL INCOME BLDR FD SH BEN	4,590	$270K	0.0%	—	—	MF	140193103
AEP	AMERICAN ELEC PWR INC	5,326	$270K	0.0%	—	—	COM	025537101
—	AMERICAN TOWER REIT COM	3,250	$266K	0.0%	—	—	COM	03027x100
EL	LAUDER ESTEE COS INC CL A	3,962	$265K	0.0%	—	—	COM	518439104
—	TECO ENERGY INC	15,400	$264K	0.0%	—	—	COM	872375100
—	SCRIPPS NETWORKS INTERACTIVE	3,450	$262K	0.0%	—	—	COM	811065101
—	ASIAN SELECT EQUITY INVEST. PA	250,000	$261K	0.0%	—	—	LP	ASIAN1
—	CBS CORP - CLASS A	4,200	$260K	0.0%	—	—	COM	124857103
—	REGIONS FINANCIAL CORP	23,410	$260K	0.0%	—	—	COM	7591ep100
—	KINDER MORGAN ENERGY PART.	3,500	$259K	0.0%	—	—	COM	494550106
—	BCE INC COM NEW	6,000	$259K	0.0%	—	—	COM	05534b760
—	EATON VANCE CORP - NON VTG	6,800	$259K	0.0%	—	—	COM	278265103
—	STERICYCLE INC COM	2,250	$256K	0.0%	—	—	COM	858912108
—	CANADIAN PAC RY LTD COM	1,700	$255K	0.0%	—	—	COM	2793115
—	VOLKSWAGEN AG SPONSORED ADR	5,000	$254K	0.0%	—	—	COM	928662303
XLF	SELECT SECTOR SPDR TR SBI INT-	11,322	$253K	0.0%	—	—	EMF	81369Y605
—	CITIGROUP CAP XIII PFD 7.875%	9,000	$250K	0.0%	—	—	PFD	173080201
PAYX	PAYCHEX INC	5,845	$249K	0.0%	—	—	COM	704326107
UNH	UNITED HEALTH GROUP	3,022	$248K	0.0%	—	—	COM	91324P102
—	APACHE CORP	2,994	$248K	0.0%	—	—	COM	037411105
XLK	SECTOR SPDR TR SBI INT-TECH	6,760	$246K	0.0%	—	—	EMF	81369Y803
DCI	DONALDSON CO INC	5,700	$242K	0.0%	—	—	COM	257651109
—	TIME WARNER INC COM	3,680	$240K	0.0%	—	—	COM	887317303
BSX	BOSTON SCIENTIFIC CORP	17,600	$238K	0.0%	—	—	COM	101137107
IMO	IMPERIAL OIL LTD COM NEW	5,121	$238K	0.0%	—	—	COM	453038408
GNRC	GENERAC HLDGS INC COM	4,000	$236K	0.0%	—	—	COM	368736104
IFF	INTERNATIONAL FLAV&FRA COM	2,438	$233K	0.0%	—	—	COM	459506101
CAT	CATERPILLAR INC	2,325	$231K	0.0%	—	—	COM	149123101
SLV	ISHARES SILVER TRUST ISHARES	12,000	$228K	0.0%	—	—	EMF	46428Q109
PSX	PHILLIPS 66 COM	2,900	$223K	0.0%	—	—	COM	718546104
—	AMERICA MOVIL S.A.B. DE C.V. A	11,200	$223K	0.0%	—	—	COM	02364W105
RHHBY	ROCHE HOLDINGS LTD - SPON ADR	5,900	$223K	0.0%	—	—	COM	771195104
—	MIDLAND IC&I LTD	35,130,000	$222K	0.0%	—	—	COM	6420077
—	GENTING BHD	249,975	$222K	0.0%	—	—	WT	bhcm8v9
BDX	BECTON DICKINSON & CO	1,900	$222K	0.0%	—	—	COM	075887109
JAMRX	JANUS INVT FD RESH FD CL T	5,000	$221K	0.0%	—	—	MF	471023853
PH	PARKER HANNIFIN CORP	1,841	$220K	0.0%	—	—	COM	701094104
—	DISCOVER FINL SVCS COM	3,778	$220K	0.0%	—	—	COM	254709108
—	ITT CORP NEW COM NEW	5,100	$218K	0.0%	—	—	COM	450911201
IJJ	ISHARES TR S&P MIDCP VALU	1,800	$217K	0.0%	—	—	EMF	464287705
—	JPMORGAN CHASE & CO DEP SHS RP	8,400	$213K	0.0%	—	—	PFD	48127A161
—	BELLATRIX EXPLORATION COM	25,000	$211K	0.0%	—	—	COM	078314101
ARW	ARROW ELECTRS INC COM	3,500	$208K	0.0%	—	—	COM	042735100
—	WPX ENERGY INC COM	11,523	$208K	0.0%	—	—	COM	98212b103
—	DOT HILL SYS CORP COM	53,500	$207K	0.0%	—	—	COM	25848t109
ANWPX	AMERICAN NEW PERSPECTIV-A	5,397	$203K	0.0%	—	—	MF	648018109
DGX	QUEST DIAGNOSTICS INC	3,494	$202K	0.0%	—	—	COM	74834L100
AFL	AFLAC INC COM	3,209	$202K	0.0%	—	—	COM	001055102
—	ENDURO RTY TR TR UNIT	15,400	$193K	0.0%	—	—	COM	29269k100
BAC	BANK OF AMERICA CORP.	11,246	$193K	0.0%	—	—	COM	060505104
—	ISHARES MSCI TAIWAN INDEX FUND	12,755	$184K	0.0%	—	—	ICEF	464286731
—	SANOFI CONTGNT VAL RT	544,900	$169K	0.0%	—	—	RT	80105n113
—	PANIN FINANCIAL	14,048,000	$158K	0.0%	—	—	WT	b70f8h6
—	SYSTEMAX INC	10,300	$154K	0.0%	—	—	COM	871851101
KEY	KEYCORP NEW COM	10,000	$142K	0.0%	—	—	COM	493267108
—	SINGAPORE TELECOMM	46,000	$133K	0.0%	—	—	COM	b02py22
—	OPPENHEIMER MUL ST MUN ROCH NA	17,949	$125K	0.0%	—	—	MF	683940308
—	BEAR CREEK MNG CORP COM	60,000	$99,000	0.0%	—	—	COM	07380n104
KAUFX	FEDERATED EQUITY FDS COM	14,738	$93,000	0.0%	—	—	MF	314172644
—	SHINSEI BANK LTD	45,500	$89,000	0.0%	—	—	COM	J7385L103
—	INTL DISPENSING CORP	116,623	$45,000	0.0%	—	—	COM	459407102
ATCN	ATEC INC COM	15,000	$45,000	0.0%	—	—	COM	046810107
—	BANK OF AMERICA CORP WT EXP 10	49,400	$45,000	0.0%	—	—	WT	060505153
—	HUNTINGDON CAP CORP WT EXP 123	14,000	$44,000	0.0%	—	—	WT	44586V119
—	AM.SUPERCONDUCTOR	15,000	$24,000	0.0%	—	—	COM	030111108
—	ESSENTIAL ENERGY SVCS COM	10,000	$24,000	0.0%	—	—	COM	29669r101
—	DUNDEE ENERGY LTD COM	87,000	$21,000	0.0%	—	—	COM	26518Q102
—	VICAL INC	12,000	$15,000	0.0%	—	—	COM	925602104
TISDZ	TREASURE IS RTY TR TRUST UNIT	21,400	$6,000	0.0%	—	—	MF	894626209
—	PANIN INSURANCE	100,000	$6,000	0.0%	—	—	COM	6623036
—	GREEN EARTH TECHS INC COM	40,000	$4,000	0.0%	—	—	COM	39303R102
—	MEGASTAR DEV CORP COM NO PAR	59,000	$4,000	0.0%	—	—	COM	58516p307
—	AMP HLDG INC COM	23,600	$2,000	0.0%	—	—	COM	001754100
—	DIGITCOM INTERACTIVE COM	10,000	$0	0.0%	—	—	COM	25387S108
—	CSF HLDGS.INC. (ESCROW - LITIG	24,750	$0	0.0%	—	—	COM	xxxxxxxxx
—	100,000THS KINDER MORGAN MGMT	77,522	$0	0.0%	—	—	OA	eke55u103
EESO	ENZYME ENVTL SOLS INC COM	125,000	$0	0.0%	—	—	COM	294113105
—	HERALD NATIONAL BANK WARRANTS	15,000	$0	0.0%	—	—	WT	42703q112
—	VCAMPUS CORP COM NEW	59,956	$0	0.0%	—	—	COM	92240c308