Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EQIX	Equinix Inc	80,121	$20.35M	3.7%	$165.52	+20.2%	COM	29444U700
EPD	Enterprise Products	615,885	$18.41M	3.4%	$51.30	—	COM	293792107
AJG	A. J. Gallagher & Co	364,491	$17.24M	3.2%	$35.27	+12.4%	COM	363576109
—	Visteon Corp	162,519	$17.06M	3.1%	$106.86	—	COM	92839u206
—	Spirit Aerosystems Hldgs	300,365	$16.55M	3.0%	$26.80	—	COM	848574109
—	Northstar Realty Fin Corp	997,545	$15.86M	2.9%	$17.97	—	COM	66704R704
—	Quanta Services Inc	527,739	$15.21M	2.8%	$28.41	—	COM	74762e102
—	Phillips 66 Partners LP	210,100	$15.13M	2.8%	$50.48	—	COM	718549207
—	Time Warner Inc	167,402	$14.63M	2.7%	$61.86	—	COM	887317303
PSX	Phillips 66	177,973	$14.34M	2.6%	$40.44	+32.7%	COM	718546104
ABBV	Abbvie Inc	210,186	$14.12M	2.6%	$32.12	+31.8%	COM	00287Y109
FLEX	Flextronics Intl Ltd	1,176,357	$13.3M	2.4%	$8.12	+13.4%	COM	Y2573F102
—	Merck & Co	226,491	$12.89M	2.4%	$52.67	—	COM	58933y105
BMY	Bristol-Myers Squibb	186,212	$12.39M	2.3%	$28.67	+60.5%	COM	110122108
—	Dunkin Brands Group Inc	224,539	$12.35M	2.3%	$55.00	—	COM	265504100
—	Anadarko Petroleum	152,110	$11.87M	2.2%	$85.88	—	COM	032511107
—	Avago Technologies	82,871	$11.02M	2.0%	$126.98	—	COM	y0486s104
GD	General Dynamics Corp	76,380	$10.82M	2.0%	$89.02	+23.9%	COM	369550108
—	Google Inc Cl A	19,731	$10.66M	1.9%	$576.31	—	COM	38259p508
—	Time Inc	440,655	$10.14M	1.9%	$24.60	—	COM	887228104
SPY	SPDR S&P 500 ETF Trust	47,659	$9.811M	1.8%	$187.60	—	COM	78462F103
SBNY	Signature Bank NY	66,238	$9.697M	1.8%	$146.40	—	COM	82669G104
XLK	Technology Select Sector SPDR	233,051	$9.648M	1.8%	$37.32	—	COM	81369Y803
SBUX	Starbucks Co	172,401	$9.243M	1.7%	$38.52	+6.3%	COM	855244109
CAR	Avis Budget Car Group	203,252	$8.959M	1.6%	$56.01	-10.5%	COM	053774105
—	Skyworks Solutions Inc	83,963	$8.741M	1.6%	$72.71	—	COM	83088m102
—	CB Richard Ellis Group	229,935	$8.508M	1.6%	$34.91	—	COM	12504l109
—	First American Financial	223,851	$8.329M	1.5%	$23.88	—	COM	31847r102
AEP	American Electric Power Inc	155,895	$8.258M	1.5%	$33.33	+14.0%	COM	025537101
—	Novartis AG-Sponsored ADR	80,004	$7.868M	1.4%	$92.66	—	COM	66987v109
—	Select Sector Spdr Fd Health C	104,837	$7.799M	1.4%	$58.53	—	COM	81369y209
—	Sector Spdr Tr Ben Int Financi	312,601	$7.621M	1.4%	$22.24	—	COM	81369y605
—	HD Supply Hkdgs Inc	216,583	$7.619M	1.4%	$35.18	—	COM	40416M105
APD	Air Products & Chemicals Inc	54,487	$7.455M	1.4%	$95.55	+9.8%	COM	009158106
—	Amerigas Partners Inc	152,260	$6.96M	1.3%	$49.43	—	COM	030975106
XLY	Select Sector Spdr Tr Consumer	85,956	$6.574M	1.2%	$66.74	—	COM	81369Y407
—	Spectra Energy Corp	200,437	$6.534M	1.2%	$35.21	—	COM	847560109
—	Duke Energy	88,641	$6.26M	1.1%	$67.50	—	COM	26441c204
—	VCA, Inc.	112,689	$6.131M	1.1%	$26.65	—	COM	918194101
MRSH	Marsh & McLennan Cos Inc	101,952	$5.781M	1.1%	$48.09	0.0%	COM	571748102
—	Canadian Pacific Ltd	35,837	$5.742M	1.1%	$192.70	—	COM	13645t100
NOC	Northrop Grumman Corp	33,161	$5.26M	1.0%	$106.59	+26.3%	COM	666807102
—	Consumer Staples Select Sector	107,418	$5.113M	0.9%	$44.18	—	COM	81369y308
MDY	SPDR S&P Midcap 400 ETF Trust	17,680	$4.83M	0.9%	$253.12	—	COM	78467Y107
XLI	Select Sector Spdr Tr	86,409	$4.671M	0.9%	$52.54	—	COM	81369Y704
—	Spirit Airlines Inc	71,992	$4.471M	0.8%	$75.58	—	COM	848577102
NFLX	Netflix	6,651	$4.369M	0.8%	$8.37	0.0%	COM	64110L106
PEP	Pepsico	43,953	$4.103M	0.8%	$56.78	+22.1%	COM	713448108
SJM	Smucker J M Co. New	37,767	$4.094M	0.7%	$79.42	+6.1%	COM	832696405
—	Spdr Ser Tr S&P 600 Small Cap	32,933	$3.57M	0.7%	$103.18	—	COM	78464A813
—	Select Sector Spdr Tr Energy	47,004	$3.533M	0.6%	$88.10	—	COM	81369y506
ACWX	Ishares Tr MSCI ACWI EX US Ind	79,059	$3.493M	0.6%	$46.39	—	COM	464288240
—	Yahoo, Inc.	74,950	$2.945M	0.5%	$45.49	—	COM	984332106
GIS	General Mills Inc	52,567	$2.929M	0.5%	$31.98	+21.3%	COM	370334104
—	Interxion Holdings	105,058	$2.905M	0.5%	$27.65	—	COM	n47279109
XEL	Xcel Energy Inc	85,307	$2.745M	0.5%	$19.78	+21.6%	COM	98389B100
UNP	Union Pacific	28,144	$2.684M	0.5%	$65.16	+25.8%	COM	907818108
—	Wabco Holdings	21,195	$2.622M	0.5%	$122.89	—	COM	92927k102
TMO	Thermo Fisher Scientific	19,795	$2.569M	0.5%	$124.82	+1.2%	COM	883556102
JNJ	Johnson & Johnson	26,052	$2.539M	0.5%	$61.12	+21.9%	COM	478160104
CL	Colgate-Palmolive Co	37,295	$2.439M	0.4%	$44.55	+18.9%	COM	194162103
—	Google Inc CL C - Non-Voting	4,625	$2.407M	0.4%	$526.37	—	COM	38259p706
—	Kraft Foods Group	27,183	$2.314M	0.4%	$66.52	—	COM	50076Q106
—	Towers Watson & Co.	18,268	$2.298M	0.4%	$131.75	—	COM	891894107
SO	Southern Co	45,591	$1.91M	0.3%	$26.75	+3.9%	COM	842587107
—	General Electric	70,539	$1.874M	0.3%	$23.79	—	COM	369604103
MDLZ	Mondelez Intl Inc	40,277	$1.657M	0.3%	$23.84	+29.4%	COM	609207105
—	Frontier Communications Corp	327,860	$1.623M	0.3%	$6.10	—	COM	35906A108
—	Sector Spdr Tr Utilities Index	35,563	$1.474M	0.3%	$39.59	—	COM	81369y886
—	Select Sector Spdr Fd Material	28,597	$1.384M	0.3%	$47.02	—	COM	81369y100
—	Energy Transfer Part LP	24,800	$1.295M	0.2%	$50.54	—	COM	29273r109
CNI	Canadian National Railroad	19,522	$1.127M	0.2%	$41.81	+23.3%	COM	136375102
XTL	Spdr Ser Tr S&P Telecom ETF	17,960	$1.033M	0.2%	$56.28	—	COM	78464A540
KMI	Kinder Morgan Inc	23,201	$891K	0.2%	$21.42	+13.6%	COM	49456B101
DVY	Ishares Tr Dow Jones Select Di	9,984	$750K	0.1%	$76.91	—	COM	464287168
—	Dow Chemical Co	11,618	$594K	0.1%	$45.99	—	COM	260543103
XOM	Exxon Mobil Corp	7,029	$585K	0.1%	$53.69	+1.1%	COM	30231G102
IBM	Intl Business Machines	2,960	$481K	0.1%	$117.56	-12.4%	COM	459200101
CVX	Chevron Corp	4,250	$410K	0.1%	$71.41	-6.9%	COM	166764100
—	TerraForm Power Inc.	9,890	$376K	0.1%	$38.02	—	COM	88104R100
NSC	Norfolk Southern	4,135	$361K	0.1%	$58.45	+32.5%	COM	655844108
EFA	Ishares Tr Msci Eafe Index Fd	5,090	$323K	0.1%	$64.24	—	COM	464287465
T	A T & T Corp	8,872	$315K	0.1%	$11.42	+6.9%	COM	00206R102
META	Facebook Inc	3,575	$307K	0.1%	$73.71	+10.0%	COM	30303M102
DEO	Diageo Corp	2,633	$306K	0.1%	$114.98	—	COM	25243Q205
—	United Technologies	2,659	$295K	0.1%	$96.44	—	COM	913017109
—	Goldman Sachs Grp Inc	11,200	$284K	0.1%	$24.98	—	PFD	38144x500
IJR	Ishares Tr S&P Smallcap 600 In	2,400	$283K	0.1%	$117.92	—	COM	464287804