Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EPD	Enterprise Products	711,927	$25.71M	4.4%	$51.30	—	COM	293792107
PSX	Phillips 66	321,660	$23.06M	3.9%	$40.44	+21.6%	COM	718546104
—	Sandisk Corp	206,207	$20.2M	3.4%	$97.98	—	COM	80004c101
—	Visteon Corp	182,018	$19.45M	3.3%	$106.86	—	COM	92839u206
EQIX	Equinix Inc	85,541	$19.39M	3.3%	$165.52	0.0%	COM	29444U700
AJG	A. J. Gallagher & Co	393,169	$18.51M	3.1%	$35.27	+7.8%	COM	363576109
—	Anadarko Petroleum	207,755	$17.14M	2.9%	$87.46	—	COM	032511107
—	ITT Industries Inc	392,636	$15.89M	2.7%	$32.53	—	COM	450911201
—	Time Warner Inc	182,442	$15.58M	2.6%	$61.86	—	COM	887317303
—	Phillips 66 Partners LP	223,825	$15.43M	2.6%	$50.48	—	COM	718549207
CAR	Avis Budget Car Group	221,687	$14.7M	2.5%	$56.01	-3.0%	COM	053774105
—	Merck & Co	249,264	$14.16M	2.4%	$52.67	—	COM	58933y105
—	Spirit Aerosystems Hldgs	328,816	$14.15M	2.4%	$26.80	—	COM	848574109
—	Interxion Holdings	504,896	$13.8M	2.3%	$24.83	—	COM	n47279109
—	Quanta Services Inc	485,632	$13.79M	2.3%	$28.39	—	COM	74762e102
AMAT	Applied Materials Inc	491,032	$12.24M	2.1%	$19.21	+2.3%	COM	038222105
—	Time Inc	489,506	$12.05M	2.0%	$24.60	—	COM	887228104
BMY	Bristol-Myers Squibb	200,978	$11.86M	2.0%	$28.67	+35.7%	COM	110122108
ABBV	Abbvie Inc	179,358	$11.74M	2.0%	$30.91	+30.2%	COM	00287Y109
TRN	Trinity Inds Inc	407,346	$11.41M	1.9%	$20.22	-14.9%	COM	896522109
GD	General Dynamics Corp	82,169	$11.31M	1.9%	$89.02	+20.2%	COM	369550108
FLEX	Flextronics Intl Ltd	913,911	$10.22M	1.7%	$7.91	0.0%	COM	Y2573F102
—	VCA, Inc.	202,724	$9.887M	1.7%	$26.65	—	COM	918194101
SPY	SPDR S&P 500 ETF Trust	46,406	$9.538M	1.6%	$187.03	—	COM	78462F103
NSC	Norfolk Southern	85,520	$9.374M	1.6%	$58.45	+46.8%	COM	655844108
APD	Air Products & Chemicals Inc	63,923	$9.22M	1.6%	$95.55	+0.7%	COM	009158106
—	Novartis AG-Sponsored ADR	89,906	$8.331M	1.4%	$92.66	—	COM	66987v109
—	Skyworks Solutions Inc	113,113	$8.224M	1.4%	$72.71	—	COM	83088m102
—	First American Financial	241,674	$8.193M	1.4%	$23.88	—	COM	31847r102
—	Spectra Energy Corp	223,627	$8.118M	1.4%	$35.13	—	COM	847560109
—	Duke Energy	96,986	$8.102M	1.4%	$67.50	—	COM	26441c204
—	Sector Spdr Tr Ben Int Financi	314,614	$7.78M	1.3%	$22.14	—	COM	81369y605
—	Canadian Pacific Ltd	40,301	$7.766M	1.3%	$192.70	—	COM	13645t100
XLK	Technology Select Sector SPDR	184,243	$7.618M	1.3%	$36.23	—	COM	81369Y803
—	Amerigas Partners Inc	158,074	$7.575M	1.3%	$49.43	—	COM	030975106
—	Google Inc Cl A	14,176	$7.523M	1.3%	$584.84	—	COM	38259p508
AEP	American Electric Power Inc	111,745	$6.785M	1.2%	$30.44	+26.7%	COM	025537101
—	Select Sector Spdr Fd Health C	93,696	$6.407M	1.1%	$56.78	—	COM	81369y209
—	CB Richard Ellis Group	185,406	$6.35M	1.1%	$34.25	—	COM	12504l109
—	Spirit Airlines Inc	81,148	$6.133M	1.0%	$75.58	—	COM	848577102
XLY	Select Sector Spdr Tr Consumer	84,150	$6.071M	1.0%	$66.28	—	COM	81369Y407
SLB	Schlumberger Ltd	68,268	$5.831M	1.0%	$74.94	-10.1%	COM	806857108
—	Ellie Mae Inc	143,654	$5.792M	1.0%	$31.56	—	COM	28849p100
—	Google Inc CL C - Non-Voting	10,998	$5.789M	1.0%	$526.37	—	COM	38259p706
XLI	Select Sector Spdr Tr	92,017	$5.206M	0.9%	$52.46	—	COM	81369Y704
NOC	Northrop Grumman Corp	32,030	$4.721M	0.8%	$104.60	+9.2%	COM	666807102
—	Consumer Staples Select Sector	88,836	$4.308M	0.7%	$43.30	—	COM	81369y308
PEP	Pepsico	45,512	$4.304M	0.7%	$56.78	+20.8%	COM	713448108
ACWX	Ishares Tr MSCI ACWI EX US Ind	93,963	$4.042M	0.7%	$46.45	—	COM	464288240
—	Select Sector Spdr Tr Energy	50,530	$4M	0.7%	$88.74	—	COM	81369y506
UNP	Union Pacific	31,780	$3.786M	0.6%	$65.16	+37.3%	COM	907818108
CL	Colgate-Palmolive Co	53,901	$3.729M	0.6%	$44.55	+17.2%	COM	194162103
MDY	SPDR S&P Midcap 400 ETF Trust	14,101	$3.722M	0.6%	$247.12	—	COM	78467Y107
JNJ	Johnson & Johnson	34,845	$3.644M	0.6%	$61.12	+26.5%	COM	478160104
—	Spdr Ser Tr S&P 600 Small Cap	34,357	$3.591M	0.6%	$103.05	—	COM	78464A813
XEL	Xcel Energy Inc	94,582	$3.397M	0.6%	$19.78	+19.1%	COM	98389B100
GIS	General Mills Inc	56,427	$3.009M	0.5%	$31.98	+10.2%	COM	370334104
—	Teekay Offshore Partners	109,972	$2.946M	0.5%	$32.47	—	COM	y8565j101
SO	Southern Co	52,313	$2.569M	0.4%	$26.75	+10.2%	COM	842587107
—	Alibaba	19,835	$2.062M	0.4%	$103.96	—	COM	01609w102
—	Ctrip Com Intl	44,633	$2.031M	0.3%	$32.63	—	COM	22943f100
KMI	Kinder Morgan Inc	43,869	$1.856M	0.3%	$21.42	+4.8%	COM	49456B101
—	Energy Transfer Part LP	28,000	$1.82M	0.3%	$50.54	—	COM	29273r109
—	Sector Spdr Tr Utilities Index	33,242	$1.57M	0.3%	$39.47	—	COM	81369y886
—	General Electric	58,081	$1.468M	0.2%	$23.19	—	COM	369604103
CNI	Canadian National Railroad	20,122	$1.387M	0.2%	$41.81	+33.8%	COM	136375102
MDLZ	Mondelez Intl Inc	37,953	$1.379M	0.2%	$23.48	+21.0%	COM	609207105
—	Select Sector Spdr Fd Material	27,704	$1.346M	0.2%	$46.96	—	COM	81369y100
—	Kraft Foods Group	17,923	$1.123M	0.2%	$55.95	—	COM	50076Q106
XTL	Spdr Ser Tr S&P Telecom ETF	17,475	$1.009M	0.2%	$56.22	—	COM	78464A540
CVX	Chevron Corp	8,150	$914K	0.2%	$71.41	-1.2%	COM	166764100
XOM	Exxon Mobil Corp	8,044	$744K	0.1%	$53.69	+8.0%	COM	30231G102
—	Yahoo, Inc.	13,075	$660K	0.1%	$50.48	—	COM	984332106
IBM	Intl Business Machines	3,085	$495K	0.1%	$117.81	-14.7%	COM	459200101
—	Dow Chemical Co	10,045	$458K	0.1%	$45.59	—	COM	260543103
—	Integrys Energy Group Inc	5,025	$391K	0.1%	$58.55	—	COM	45822p105
—	Goldman Sachs Grp Inc	14,950	$379K	0.1%	$24.98	—	PFD	38144x500
TMUS	T-Mobile	12,788	$345K	0.1%	$19.37	+37.9%	COM	872590104
DEO	Diageo Corp	2,756	$314K	0.1%	$114.98	—	COM	25243Q205
T	A T & T Corp	8,872	$298K	0.1%	$11.42	+3.4%	COM	00206R102
—	United Technologies	2,350	$270K	0.0%	$93.70	—	COM	913017109
ED	Con Edison Co Of NY	3,625	$239K	0.0%	$37.50	+11.6%	COM	209115104
META	Facebook Inc	2,950	$230K	0.0%	$72.85	+4.2%	COM	30303M102
—	South Jersey Industries	3,900	$230K	0.0%	$57.46	—	COM	838518108