Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EPD	Enterprise Products	876,830	$35.34M	5.4%	$51.30	—	COM	293792107
PSX	Phillips 66	338,988	$27.56M	4.2%	$40.44	+36.3%	COM	718546104
—	Spirit Aerosystems Hldgs	706,370	$26.88M	4.1%	$26.80	—	COM	848574109
—	Anadarko Petroleum	238,815	$24.23M	3.7%	$87.46	—	COM	032511107
SLB	Schlumberger Ltd	219,577	$22.33M	3.4%	$74.94	+6.1%	COM	806857108
—	Sandisk Corp	222,372	$21.78M	3.3%	$76.27	—	COM	80004C101
TRN	Trinity Inds Inc	438,941	$20.51M	3.1%	$20.22	+16.6%	COM	896522109
TMUS	T-Mobile	682,360	$19.7M	3.0%	$19.37	+53.5%	COM	872590104
—	ITT Industries Inc	435,591	$19.57M	3.0%	$32.53	—	COM	450911201
—	Apache Corp	207,368	$19.47M	3.0%	$96.00	—	COM	037411105
—	Noble Energy	266,106	$18.19M	2.8%	$71.04	—	COM	655044105
—	Phillips 66 Partners LP	266,575	$17.79M	2.7%	$50.48	—	COM	718549207
PWR	Quanta Services Inc	460,799	$16.72M	2.5%	$33.40	+4.5%	COM	74762E102
AJG	A. J. Gallagher & Co	364,575	$16.54M	2.5%	$35.06	+5.5%	COM	363576109
—	Spectra Energy Corp	400,875	$15.74M	2.4%	$35.13	—	COM	847560109
—	Merck & Co	255,683	$15.16M	2.3%	$52.67	—	COM	58933y105
—	Interxion Holdings	532,666	$14.75M	2.2%	$24.83	—	COM	n47279109
VC	Visteon Corp	140,350	$13.65M	2.1%	$49.17	+17.3%	COM	92839U206
—	Time Warner Inc	159,396	$11.99M	1.8%	$58.46	—	COM	887317303
CVX	Chevron Corp	98,880	$11.8M	1.8%	$71.41	+9.9%	COM	166764100
BMY	Bristol-Myers Squibb	204,548	$10.47M	1.6%	$28.67	+19.4%	COM	110122108
GD	General Dynamics Corp	81,802	$10.4M	1.6%	$89.02	+6.8%	COM	369550108
NSC	Norfolk Southern	88,175	$9.84M	1.5%	$58.45	+41.3%	COM	655844108
AMAT	Applied Materials Inc	442,223	$9.556M	1.5%	$19.16	0.0%	COM	038222105
—	First American Financial	346,871	$9.407M	1.4%	$23.88	—	COM	31847r102
SPY	SPDR S&P 500 ETF Trust	45,796	$9.023M	1.4%	$186.78	—	COM	78462F103
KMI	Kinder Morgan Inc	228,635	$8.766M	1.3%	$21.42	0.0%	COM	49456B101
NVS	Novartis AG-Sponsored ADR	92,701	$8.726M	1.3%	$73.40	—	COM	66987V109
—	Google Inc Cl A	14,185	$8.347M	1.3%	$584.84	—	COM	38259p508
—	VCA, Inc.	210,574	$8.282M	1.3%	$26.65	—	COM	918194101
—	Equinix Inc	35,392	$7.52M	1.1%	$212.48	—	COM	29444u502
—	Duke Energy	99,286	$7.424M	1.1%	$67.50	—	COM	26441c204
XLK	Technology Select Sector SPDR	182,071	$7.265M	1.1%	$36.16	—	COM	81369Y803
—	Amerigas Partners Inc	158,674	$7.239M	1.1%	$49.43	—	COM	030975106
—	Sector Spdr Tr Ben Int Financi	309,090	$7.162M	1.1%	$22.10	—	COM	81369y605
ABBV	Abbvie Inc	122,234	$7.06M	1.1%	$26.55	+32.5%	COM	00287Y109
—	Google Inc CL C - Non-Voting	12,174	$7.029M	1.1%	$575.27	—	COM	38259P706
—	Select Sector Spdr Fd Health C	93,217	$5.957M	0.9%	$56.78	—	COM	81369y209
AEP	American Electric Power Inc	112,895	$5.894M	0.9%	$30.44	+16.0%	COM	025537101
—	Ellie Mae Inc	180,009	$5.868M	0.9%	$31.56	—	COM	28849p100
XLY	Select Sector Spdr Tr Consumer	81,994	$5.468M	0.8%	$66.13	—	COM	81369Y407
—	Breitburn Energy Partners	266,550	$5.416M	0.8%	$18.25	—	COM	106776107
—	Realogy Holgs	142,698	$5.308M	0.8%	$43.45	—	COM	75605y106
XLI	Select Sector Spdr Tr	90,301	$4.799M	0.7%	$52.38	—	COM	81369Y704
—	Select Sector Spdr Tr Energy	48,452	$4.391M	0.7%	$89.15	—	COM	81369y506
NOC	Northrop Grumman Corp	32,198	$4.242M	0.6%	$104.60	0.0%	COM	666807102
PEP	Pepsico	44,892	$4.179M	0.6%	$56.62	+14.6%	COM	713448108
ACWX	Ishares Tr MSCI ACWI EX US Ind	89,245	$4.059M	0.6%	$46.63	—	COM	464288240
CAR	Avis Budget Car Group	72,900	$4.001M	0.6%	$59.40	0.0%	COM	053774105
—	Consumer Staples Select Sector	86,445	$3.9M	0.6%	$43.15	—	COM	81369y308
—	Teekay Offshore Partners	114,672	$3.853M	0.6%	$32.47	—	COM	y8565j101
JNJ	Johnson & Johnson	34,520	$3.679M	0.6%	$61.12	+23.7%	COM	478160104
CL	Colgate-Palmolive Co	55,911	$3.647M	0.6%	$44.55	+13.8%	COM	194162103
—	Ctrip Com Intl	62,874	$3.569M	0.5%	$32.63	—	COM	22943f100
UNP	Union Pacific	31,850	$3.453M	0.5%	$65.16	+23.3%	COM	907818108
MDY	SPDR S&P Midcap 400 ETF Trust	13,618	$3.395M	0.5%	$246.52	—	COM	78467Y107
—	Spdr Ser Tr S&P 600 Small Cap	32,946	$3.237M	0.5%	$102.99	—	COM	78464A813
—	Range Resources Corp	47,460	$3.218M	0.5%	$75.71	—	COM	75281a109
GIS	General Mills Inc	58,777	$2.965M	0.5%	$31.98	+10.9%	COM	370334104
XEL	Xcel Energy Inc	96,732	$2.941M	0.4%	$19.78	+10.0%	COM	98389B100
SO	Southern Co	56,518	$2.467M	0.4%	$26.75	+1.3%	COM	842587107
—	Kinder Morgan Energy Partners	25,835	$2.41M	0.4%	$85.40	—	COM	494550106
—	Canadian Pacific Ltd	9,232	$1.915M	0.3%	$207.43	—	COM	13645T100
BABA	Alibaba	20,450	$1.817M	0.3%	$88.85	—	COM	01609W102
—	Energy Transfer Part LP	28,000	$1.792M	0.3%	$50.54	—	COM	29273r109
APD	Air Products & Chemicals Inc	11,542	$1.503M	0.2%	$92.44	0.0%	COM	009158106
—	General Electric	58,160	$1.49M	0.2%	$23.19	—	COM	369604103
CNI	Canadian National Railroad	20,492	$1.454M	0.2%	$41.81	+35.1%	COM	136375102
—	Sector Spdr Tr Utilities Index	33,081	$1.392M	0.2%	$39.47	—	COM	81369y886
—	Select Sector Spdr Fd Material	26,783	$1.328M	0.2%	$46.90	—	COM	81369y100
MDLZ	Mondelez Intl Inc	37,804	$1.295M	0.2%	$23.48	+20.6%	COM	609207105
—	Kraft Foods Group	18,323	$1.033M	0.2%	$55.95	—	COM	50076Q106
XTL	Spdr Ser Tr S&P Telecom ETF	16,921	$936K	0.1%	$56.17	—	COM	78464A540
XOM	Exxon Mobil Corp	9,344	$879K	0.1%	$53.69	+14.6%	COM	30231G102
IBM	Intl Business Machines	3,427	$651K	0.1%	$117.81	-2.9%	COM	459200101
—	United Technologies	4,845	$512K	0.1%	$93.70	—	COM	913017109
—	Time Inc	18,348	$430K	0.1%	$24.22	—	COM	887228104
—	Goldman Sachs Grp Inc	16,450	$411K	0.1%	$24.98	—	PFD	38144x500
DEO	Diageo Corp	3,356	$387K	0.1%	$114.98	—	COM	25243Q205
T	A T & T Corp	10,728	$378K	0.1%	$11.42	+4.3%	COM	00206R102
—	Integrys Energy Group Inc	5,225	$339K	0.1%	$58.55	—	COM	45822p105
ED	Con Edison Co Of NY	4,325	$245K	0.0%	$37.50	-0.1%	COM	209115104
META	Facebook Inc	2,950	$233K	0.0%	$72.85	0.0%	COM	30303M102
—	South Jersey Industries	4,100	$219K	0.0%	$57.46	—	COM	838518108
MMM	3M Company	1,447	$205K	0.0%	$83.50	0.0%	COM	88579Y101