Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EPD	Enterprise Products	450,528	$31.25M	5.5%	$62.15	—	COM	293792107
PSX	Phillips 66	343,383	$26.46M	4.7%	$40.44	+23.2%	COM	718546104
TMUS	T-Mobile	728,967	$24.08M	4.2%	$19.37	+58.1%	COM	872590104
—	Vistaprint	478,486	$23.55M	4.2%	$49.37	—	COM	n93540107
—	Spirit Aerosystems Hldgs	687,924	$19.39M	3.4%	$26.14	—	COM	848574109
—	Noble Energy	271,398	$19.28M	3.4%	$71.04	—	COM	655044105
—	Sandisk Corp	232,440	$18.87M	3.3%	$76.27	—	COM	80004C101
—	Anadarko Petroleum	218,451	$18.52M	3.3%	$85.93	—	COM	032511107
—	ITT Industries Inc	419,276	$17.93M	3.2%	$31.84	—	COM	450911201
—	Interxion Holdings	729,129	$17.48M	3.1%	$24.83	—	COM	n47279109
—	Sodastream Intl Ltd	384,512	$16.96M	3.0%	$51.08	—	COM	M9068e105
AJG	A. J. Gallagher & Co	325,209	$15.47M	2.7%	$34.87	+6.1%	COM	363576109
—	Spectra Energy Corp	396,520	$14.65M	2.6%	$35.04	—	COM	847560109
—	Hertz Global Hldgs	540,973	$14.41M	2.5%	$23.80	—	COM	42805t105
—	VCA Antech Inc	432,148	$13.93M	2.5%	$26.65	—	COM	918194101
CVX	Chevron Corp	101,013	$12.01M	2.1%	$71.30	-1.3%	COM	166764100
—	Apollo Education Group Cl A	335,725	$11.49M	2.0%	$27.32	—	COM	037604105
—	Phillips 66 Partners LP	227,250	$11.04M	1.9%	$46.31	—	COM	718549207
BMY	Bristol-Myers Squibb	210,519	$10.94M	1.9%	$28.67	+25.3%	COM	110122108
OII	Oceaneering Intl	147,557	$10.6M	1.9%	$72.85	-1.7%	COM	675232102
—	Time Warner Inc	159,354	$10.41M	1.8%	$58.15	—	COM	887317303
VC	Visteon Corp	104,122	$9.209M	1.6%	$48.00	0.0%	COM	92839U206
PWR	Quanta Services Inc	242,865	$8.962M	1.6%	$32.74	0.0%	COM	74762E102
—	General Motors	253,329	$8.72M	1.5%	$33.72	—	COM	37045v100
NSC	Norfolk Southern	87,704	$8.522M	1.5%	$57.67	+23.8%	COM	655844108
—	Duke Energy	108,385	$7.719M	1.4%	$67.50	—	COM	26441c204
—	Merck & Co	134,248	$7.621M	1.3%	$46.45	—	COM	58933y105
SPY	SPDR S&P 500 ETF Trust	40,146	$7.508M	1.3%	$185.38	—	COM	78462F103
—	Ellie Mae Inc	245,413	$7.078M	1.2%	$31.54	—	COM	28849p100
—	Amerigas Partners Inc	164,019	$6.93M	1.2%	$49.43	—	COM	030975106
NVS	Novartis AG-Sponsored ADR	79,430	$6.753M	1.2%	$70.71	—	COM	66987V109
ABBV	Abbvie Inc	126,479	$6.501M	1.1%	$26.55	+18.6%	COM	00287Y109
—	First American Financial	242,261	$6.432M	1.1%	$22.15	—	COM	31847r102
—	Sector Spdr Tr Ben Int Financi	283,710	$6.338M	1.1%	$22.02	—	COM	81369y605
—	Realogy Holgs	145,499	$6.322M	1.1%	$43.45	—	COM	75605y106
XLK	Technology Select Sector SPDR	169,540	$6.163M	1.1%	$35.95	—	COM	81369Y803
AEP	American Electric Power Inc	117,100	$5.932M	1.0%	$30.44	+4.6%	COM	025537101
—	Breitburn Energy Partners	272,550	$5.443M	1.0%	$18.25	—	COM	106776107
—	Select Sector Spdr Fd Health C	87,207	$5.101M	0.9%	$56.40	—	COM	81369y209
XLY	Select Sector Spdr Tr Consumer	75,059	$4.858M	0.9%	$66.08	—	COM	81369Y407
XLI	Select Sector Spdr Tr	83,078	$4.347M	0.8%	$52.28	—	COM	81369Y704
—	Wabco Holdings	39,063	$4.123M	0.7%	$75.81	—	COM	92927k102
—	Select Sector Spdr Tr Energy	45,338	$4.038M	0.7%	$88.71	—	COM	81369y506
—	Teekay Offshore Partners	122,770	$4.017M	0.7%	$32.47	—	COM	y8565j101
ACWX	Ishares Tr MSCI ACWI EX US Ind	82,045	$3.821M	0.7%	$46.64	—	COM	464288240
—	Range Resources Corp	45,089	$3.741M	0.7%	$76.44	—	COM	75281a109
CL	Colgate-Palmolive Co	54,501	$3.535M	0.6%	$44.38	+7.9%	COM	194162103
—	Consumer Staples Select Sector	79,780	$3.435M	0.6%	$43.01	—	COM	81369y308
PEP	Pepsico	40,132	$3.351M	0.6%	$56.00	+1.5%	COM	713448108
UNP	Union Pacific	17,610	$3.305M	0.6%	$57.06	+19.6%	COM	907818108
—	Ctrip Com Intl	64,971	$3.276M	0.6%	$32.63	—	COM	22943f100
GIS	General Mills Inc	62,020	$3.214M	0.6%	$31.98	+3.1%	COM	370334104
MDY	SPDR S&P Midcap 400 ETF Trust	12,610	$3.16M	0.6%	$245.85	—	COM	78467Y107
—	Spdr Ser Tr S&P 600 Small Cap	29,972	$3.112M	0.5%	$103.16	—	COM	78464A813
JNJ	Johnson & Johnson	31,471	$3.091M	0.5%	$59.66	+11.7%	COM	478160104
XEL	Xcel Energy Inc	97,817	$2.97M	0.5%	$19.78	+0.6%	COM	98389B100
SO	Southern Co	55,388	$2.434M	0.4%	$26.74	-5.5%	COM	842587107
—	Kinder Morgan Energy Partners	28,360	$2.097M	0.4%	$85.40	—	COM	494550106
—	General Electric	62,451	$1.617M	0.3%	$23.19	—	COM	369604103
—	Energy Transfer Part LP	28,000	$1.506M	0.3%	$50.54	—	COM	29273r109
—	Sector Spdr Tr Utilities Index	30,811	$1.277M	0.2%	$39.19	—	COM	81369y886
MDLZ	Mondelez Intl Inc	35,447	$1.225M	0.2%	$23.16	+13.8%	COM	609207105
CNI	Canadian National Railroad	21,092	$1.186M	0.2%	$41.81	+6.6%	COM	136375102
—	Select Sector Spdr Fd Material	24,711	$1.168M	0.2%	$46.67	—	COM	81369y100
XOM	Exxon Mobil Corp	10,481	$1.024M	0.2%	$53.69	+8.2%	COM	30231G102
—	Kraft Foods Group	17,360	$974K	0.2%	$55.87	—	COM	50076Q106
XTL	Spdr Ser Tr S&P Telecom ETF	15,438	$881K	0.2%	$56.19	—	COM	78464A540
—	Target Corp	13,220	$800K	0.1%	$68.86	—	COM	87612e106
DEO	Diageo Corp	4,813	$600K	0.1%	$114.98	—	COM	25243Q205
—	United Technologies	4,695	$549K	0.1%	$93.31	—	COM	913017109
IBM	Intl Business Machines	2,585	$498K	0.1%	$118.94	-8.2%	COM	459200101
—	Goldman Sachs Grp Inc	19,450	$478K	0.1%	$24.98	—	PFD	38144x500
ED	Con Edison Co Of NY	8,275	$444K	0.1%	$37.50	-6.7%	COM	209115104
—	Integrys Energy Group Inc	7,100	$424K	0.1%	$58.55	—	COM	45822p105
T	A T & T Corp	11,124	$390K	0.1%	$11.37	-4.6%	COM	00206R102
—	South Jersey Industries	4,400	$247K	0.0%	$57.46	—	COM	838518108