Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EZU	iShares MSCI EMU ETF	795,929	$33.68M	8.7%	$35.97	—	Com	464286608
SPY	SPDR S&P 500 ETF Trust	159,905	$31.3M	8.1%	$162.64	—	Com	78462F103
DXJ	Wisdom Tree Japan Hedged Equity Fund	429,574	$21.2M	5.5%	$47.78	—	Com	97717W851
XME	SPDR S&P Metals & Mining	416,277	$17.59M	4.5%	$39.19	—	Com	78464A755
HEDJ	Wisdom Tree Europe Hedged Equity Fund	292,036	$17.06M	4.4%	$58.43	—	Com	97717X701
EEM	iShares MSCI Emerging Markets ETF	323,309	$13.98M	3.6%	$38.65	—	Com	464287234
—	SPDR S&P Oil & Gas Exploration & Prod	137,175	$11.29M	2.9%	$58.18	—	Com	78464A730
IEZ	iShares US Oil Equipment & Services ETF	142,151	$11.02M	2.8%	$56.70	—	Com	464288844
—	First Trust ISE-Revere Natural Gas Index	450,298	$10.63M	2.7%	$16.08	—	Com	33734J102
RWX	SPDR DJ Wilshire International Real Estate Fd	205,770	$9.103M	2.3%	$39.90	—	Com	78463X863
AAPL	Apple Computer Inc	58,261	$5.414M	1.4%	$17.97	+3.8%	Com	037833100
KBE	SPDR S&P Bank ETF	142,357	$4.758M	1.2%	$28.72	—	Com	78464A797
WFC	Wells Fargo & Co	87,080	$4.577M	1.2%	$27.36	+32.7%	Com	949746101
SLB	Schlumberger Limited	37,673	$4.444M	1.1%	$52.90	+41.5%	Com	806857108
—	Monsanto Co	35,465	$4.424M	1.1%	$99.85	—	Com	61166W101
CSCO	Cisco Systems Inc	177,490	$4.411M	1.1%	$15.24	+9.2%	Com	17275R102
—	Tyco International Ltd	96,706	$4.41M	1.1%	$41.61	—	Com	H89128104
MSFT	Microsoft Corp	94,496	$3.94M	1.0%	$26.76	+26.9%	Com	594918104
—	United Technologies Corp	32,633	$3.767M	1.0%	$92.93	—	Com	913017109
—	Johnson Controls Inc	72,359	$3.613M	0.9%	$35.79	—	Com	478366107
—	Aon Corporation	39,537	$3.562M	0.9%	$64.36	—	Com	G0408V102
—	Covidien PLC	39,113	$3.527M	0.9%	$62.84	—	Com	G2554F113
JNJ	Johnson & Johnson	32,083	$3.357M	0.9%	$59.66	+22.6%	Com	478160104
BK	Bank of New York Mellon Corp	87,845	$3.292M	0.8%	$21.22	+22.9%	Com	064058100
DHR	Danaher Corporation	41,650	$3.279M	0.8%	$25.01	+24.4%	Com	235851102
XYL	Xylem Inc	83,852	$3.277M	0.8%	$23.44	+37.5%	Com	98419M100
QCOM	Qualcomm Inc	41,160	$3.26M	0.8%	$45.06	+27.2%	Com	747525103
—	Medtronic Inc	50,475	$3.218M	0.8%	$51.47	—	Com	585055106
PRU	Prudential Financial Inc	34,906	$3.099M	0.8%	$38.68	+32.8%	Com	744320102
WMT	Wal-Mart Stores Inc	41,184	$3.092M	0.8%	$19.98	+2.7%	Com	931142103
CVS	CVS Caremark Corp	39,710	$2.993M	0.8%	$45.63	+20.3%	Com	126650100
BAX	Baxter International Inc	41,136	$2.974M	0.8%	$30.42	+7.5%	Com	071813109
ORCL	Oracle Corporation	72,318	$2.931M	0.8%	$27.58	+25.7%	Com	68389X105
AMGN	Amgen Inc	24,626	$2.915M	0.8%	$73.34	+13.7%	Com	031162100
SYK	Stryker Corporation	34,059	$2.872M	0.7%	$56.92	+25.0%	Com	863667101
DOV	Dover Corporation	30,994	$2.819M	0.7%	$39.99	+42.0%	Com	260003108
—	Juniper Networks Inc	114,627	$2.813M	0.7%	$19.31	—	Com	48203R104
DVN	Devon Energy Corp	35,410	$2.812M	0.7%	$37.00	+32.5%	Com	25179M103
—	Apache Corporation	27,709	$2.788M	0.7%	$83.82	—	Com	037411105
TMO	Thermo Fisher Scientific Inc	23,418	$2.763M	0.7%	$79.76	+42.2%	Com	883556102
—	Hewlett Packard Company	81,776	$2.754M	0.7%	$24.80	—	Com	428236103
MMM	3M Company	18,769	$2.688M	0.7%	$61.26	+32.3%	Com	88579Y101
KO	The Coca Cola Company	62,569	$2.65M	0.7%	$27.85	+0.9%	Com	191216100
JPM	JPMorgan Chase & Company	45,616	$2.628M	0.7%	$36.24	+13.7%	Com	46625H100
EMR	Emerson Electric Co	39,542	$2.624M	0.7%	$40.02	+22.8%	Com	291011104
PG	Procter & Gamble Co	32,781	$2.576M	0.7%	$55.00	+6.0%	Com	742718109
OXY	Occidental Petroleum Corp	24,900	$2.555M	0.7%	$57.83	+14.4%	Com	674599105
PEP	Pepsico Inc	25,009	$2.234M	0.6%	$56.00	+8.8%	Com	713448108
ECL	Ecolab Inc	19,508	$2.172M	0.6%	$73.48	+28.3%	Com	278865100
—	Symantec Corporation	94,105	$2.155M	0.6%	$24.26	—	Com	871503108
XOM	Exxon Mobil Corp	20,266	$2.04M	0.5%	$53.69	+15.2%	Com	30231G102
ETN	Eaton Corp PLC	25,153	$1.941M	0.5%	$54.10	+4.0%	Com	G29183103
—	Google Inc Cl A Voting	3,313	$1.937M	0.5%	$880.38	—	Com	38259P508
—	Tesoro Corp	32,999	$1.936M	0.5%	$58.65	—	Com	881609101
EWX	SPDR S&P Emerging Markets Small Cap Index	38,367	$1.93M	0.5%	$46.00	—	Com	78463X756
—	Google Inc Cl C Non-Voting	3,313	$1.906M	0.5%	$575.31	—	Com	38259P706
BDX	Becton Dickinson & Company	15,189	$1.797M	0.5%	$78.11	+21.3%	Com	075887109
—	Chesapeake Energy Corp	57,290	$1.781M	0.5%	$20.37	—	Com	165167107
NVS	Novartis AG ADR	19,016	$1.722M	0.4%	$71.39	—	Com	66987V109
—	Baker Hughes Inc	23,097	$1.72M	0.4%	$46.11	—	Com	057224107
AWI	Armstrong World Industries Inc	29,044	$1.668M	0.4%	$50.40	0.0%	Com	04247X102
CVX	ChevronTexaco	12,292	$1.605M	0.4%	$71.30	+6.5%	Com	166764100
—	Atmel Corp	170,689	$1.599M	0.4%	$9.37	—	Com	049513104
RIO	Rio Tinto PLC	26,311	$1.428M	0.4%	$41.60	—	Com	767204100
—	Royal Dutch Shell PLC ADS Cl A	17,322	$1.427M	0.4%	$63.80	—	Com	780259206
—	Core Laboratories NV	7,060	$1.179M	0.3%	$152.05	—	Com	N22717107
C	Citigroup Inc Com New	23,381	$1.101M	0.3%	$35.76	-1.0%	Com	172967424
HSBC	HSBC Holdings PLC ADR	21,244	$1.079M	0.3%	$52.10	—	Com	404280406
—	Canadian Pacific Railway Ltd	5,245	$950K	0.2%	$121.44	—	Com	13645T100
TSM	Taiwan Semiconductor Manufacturing Co Ltd	44,081	$943K	0.2%	$18.33	—	Com	874039100
BHP	BHP Billiton Ltd	13,540	$927K	0.2%	$58.31	—	Com	088606108
H	Hyatt Hotels Corp	15,163	$925K	0.2%	$39.79	+40.3%	Com	448579102
BTI	British American Tobacco PLC	7,105	$846K	0.2%	$103.65	—	Com	110448107
SMFG	Sumitomo Mitsui Financial Group Inc	91,826	$778K	0.2%	$9.22	—	Com	86562M209
SU	Suncor Energy Inc New	16,840	$718K	0.2%	$19.70	+32.0%	Com	867224107
PUK	Prudential PLC	15,455	$709K	0.2%	$32.75	—	Com	74435K204
NVO	Novo Nordisk AS	14,600	$674K	0.2%	$71.59	—	Com	670100205
—	Colfax Corp	9,013	$672K	0.2%	$52.15	—	Com	194014106
—	Ingersoll-Rand PLC	9,790	$612K	0.2%	$55.73	—	Com	G47791101
TEVA	TEVA Pharmaceutical Industries Ltd	11,623	$609K	0.2%	$52.56	—	Com	881624209
CNI	Canadian National Railway Co	9,180	$597K	0.2%	$41.98	+15.0%	Com	136375102
KN	Knowles Corporation	19,057	$586K	0.2%	$30.49	-0.8%	Com	49926D109
EFA	iShares MSCI EAFE ETF	8,525	$583K	0.2%	$63.41	—	Com	464287465
BUD	Anheuser-Busch InBev NV	5,030	$578K	0.1%	$90.32	—	Com	03524A108
TS	Tenaris SA	12,030	$567K	0.1%	$40.40	—	Com	88031M109
GPN	Global Payments Inc	7,600	$554K	0.1%	$23.81	+37.2%	Com	37940X102
ILMN	Illumina Inc	3,000	$536K	0.1%	$64.01	+133.1%	Com	452327109
—	UBS AG New	29,206	$535K	0.1%	$17.58	—	Com	H89231338
—	Potash Corp of Saskatchewan Inc	13,820	$525K	0.1%	$37.95	—	Com	73755L107
—	Nabors Industries Ltd	17,410	$511K	0.1%	$15.32	—	Com	G6359F103
DEO	Diageo PLC	3,952	$503K	0.1%	$115.21	—	Com	25243Q205
SBS	Companhia de Saneamento Basico do Estado	46,805	$502K	0.1%	$9.87	—	Com	20441A102
UAA	Under Armour Inc	8,400	$500K	0.1%	$20.00	+31.3%	Com	904311107
—	Genesee & Wyoming Inc	4,710	$495K	0.1%	$84.87	—	Com	371559105
—	Concho Resources Inc	3,300	$477K	0.1%	$86.82	—	Com	20605P101
HMC	Honda Motor Co Ltd	13,352	$467K	0.1%	$37.25	—	Com	438128308
HP	Helmerich Payne Inc	3,900	$453K	0.1%	$61.57	+77.9%	Com	423452101
TKC	Turkcell Iletisim Hizmetleri AS	28,778	$449K	0.1%	$14.13	—	Com	900111204
ACGL	Arch Capital Group Ltd	7,540	$433K	0.1%	$16.55	+9.4%	Com	G0450A105
VALE	Vale SA	32,474	$430K	0.1%	$13.17	—	Com	91912E105
—	ITC Holdings Corp	11,700	$427K	0.1%	$55.33	—	Com	465685105
—	Bristow Group Inc	5,225	$421K	0.1%	$65.36	—	Com	110394103
LYG	Lloyds TSB Group PLC	80,100	$412K	0.1%	$4.14	—	Com	539439109
HXL	Hexcel Corp	9,980	$408K	0.1%	$32.19	+29.2%	Com	428291108
—	Unilever PLC ADR	9,000	$408K	0.1%	$40.47	—	Com	904767704
—	Protective Life Corp	5,845	$405K	0.1%	$38.60	—	Com	743674103
CPRT	Copart Inc	11,146	$401K	0.1%	$4.24	+6.3%	Com	217204106
FDS	FactSet Research Systems Inc	3,300	$397K	0.1%	$83.78	+14.6%	Com	303075105
CSGP	CoStar Group Inc	2,500	$395K	0.1%	$11.32	+43.2%	Com	22160N109
MTN	Vail Resorts Inc	5,000	$386K	0.1%	$62.47	+12.3%	Com	91879Q109
—	Noble Corp PLC	11,305	$379K	0.1%	$37.48	—	Com	G65431101
DEM	WisdomTree Emerging Mkts Equity Income Fd	7,246	$376K	0.1%	$51.63	—	Com	97717W315
SNA	Snap-On Inc	3,145	$373K	0.1%	$66.38	+34.1%	Com	833034101
—	HCC Insurance Holdings Inc	7,556	$370K	0.1%	$46.13	—	Com	404132102
ENS	EnerSys	5,315	$366K	0.1%	$41.85	+44.7%	Com	29275Y102
IDXX	IDEXX Laboratories Inc	2,700	$361K	0.1%	$43.69	+45.5%	Com	45168D104
MD	Mednax Inc	6,183	$360K	0.1%	$46.23	+27.3%	Com	58502B106
—	Westpac Banking Corp	11,010	$354K	0.1%	$50.92	—	Com	961214301
—	GlaxoSmithKline PLC	6,590	$352K	0.1%	$49.97	—	Com	37733W105
—	The Valspar Corp	4,600	$350K	0.1%	$64.73	—	Com	920355104
—	Mobile Telesystems OJSC	17,690	$349K	0.1%	$18.99	—	Com	607409109
MUFG	Mitsubishi UFJ Financial Group Inc	55,984	$344K	0.1%	$6.21	—	Com	606822104
GATX	GATX Corp	5,048	$338K	0.1%	$37.44	+32.8%	Com	361448103
KMX	CarMax Inc	6,400	$333K	0.1%	$45.40	+0.0%	Com	143130102
—	Unilever NV	7,430	$325K	0.1%	$39.27	—	Com	904784709
—	TreeHouse Foods Inc	4,000	$320K	0.1%	$69.00	—	Com	89469A104
CHH	Choice Hotel International Inc	6,800	$320K	0.1%	$35.84	+11.3%	Com	169905106
SSL	Sasol Ltd	5,395	$319K	0.1%	$43.37	—	Com	803866300
GNRC	Generac Holdings Inc	6,535	$319K	0.1%	$32.90	+59.9%	Com	368736104
FAST	Fastenal Company	6,400	$317K	0.1%	$8.84	+3.0%	Com	311900104
—	First Niagra Financial Group	36,150	$316K	0.1%	$10.38	—	Com	33582V108
WTM	White Mountains Insurance Group Ltd	512	$312K	0.1%	$583.57	+2.0%	Com	G9618E107
SAP	SAP AG	3,990	$307K	0.1%	$72.79	—	Com	803054204
—	Ensco PLC	5,509	$306K	0.1%	$57.18	—	Com	G3157S106
—	Convergys Corp	14,042	$301K	0.1%	$21.06	—	Com	212485106
WPP	WPP PLC	2,735	$298K	0.1%	$108.96	—	Com	92937A102
—	Gulfport Energy Corp	4,739	$298K	0.1%	$47.30	—	Com	402635304
CNQ	Canadian Natural Resources Ltd	6,475	$297K	0.1%	$9.21	+35.3%	Com	136385101
CNC	Centene Corp	3,883	$294K	0.1%	$12.46	+37.9%	Com	15135B101
TLK	PPP PTelekomunikasi Indonesia	7,025	$293K	0.1%	$42.70	—	Com	715684106
CNO	CNO Financial Group Inc	16,355	$291K	0.1%	$10.67	+25.7%	Com	12621E103
—	Airgas Inc	2,650	$289K	0.1%	$95.38	—	Com	009363102
—	PrivateBancorp Inc	9,947	$289K	0.1%	$28.92	—	Com	742962103
DKS	Dicks Sporting Goods Inc	6,100	$284K	0.1%	$36.98	-1.4%	Com	253393102
FELE	Franklin Electric Co Inc	6,980	$282K	0.1%	$28.79	+21.6%	Com	353514102
RHP	Ryman Hospitality Properties Inc	5,838	$281K	0.1%	$42.13	—	Com	78377T107
TKR	Timken Co	4,115	$279K	0.1%	$39.57	+14.5%	Com	887389104
—	SBA Communications Corp	2,690	$275K	0.1%	$74.13	—	Com	78388J106
RJF	Raymond James Financial Inc	5,430	$275K	0.1%	$24.09	+16.9%	Com	754730109
OSK	Oshkosh Corporation	4,914	$273K	0.1%	$32.61	+41.4%	Com	688239201
ING	ING Groep NV	19,491	$273K	0.1%	$9.08	—	Com	456837103
—	Reed Elsevier NV	5,931	$272K	0.1%	$43.36	—	Com	758204200
MFC	Manulife Financial Corp	13,613	$270K	0.1%	$15.16	+24.7%	Com	56501R106
SIG	Signet Jewelers Ltd	2,430	$269K	0.1%	$57.15	+47.7%	Com	G81276100
—	Investors Bancorp Inc New	23,976	$265K	0.1%	$11.05	—	Com	46146L101
—	Piedmont Natural Gas Co Inc	7,001	$262K	0.1%	$33.16	—	Com	720186105
—	Cantel Medical Corp	7,100	$260K	0.1%	$33.27	—	Com	138098108
BWX	SPDR Barclays Capital Intl Treasury Bond	4,250	$258K	0.1%	$56.29	—	Com	78464A516
—	Flir Systems Inc	7,435	$258K	0.1%	$27.00	—	Com	302445101
—	Pinnacle Entertainment	10,205	$257K	0.1%	$25.05	—	Com	723456109
ENTG	Entegris Inc	18,501	$254K	0.1%	$9.27	+22.5%	Com	29362U104
MOG/A	Moog Inc	3,473	$253K	0.1%	$44.53	+42.5%	Com	615394202
PBR	Petroleo Brasileiro SA	17,187	$251K	0.1%	$15.51	—	Com	71654V408
—	Sinclair Broadcasting Group Inc	7,218	$251K	0.1%	$29.65	—	Com	829226109
WST	West Pharmaceutical Services Inc	5,900	$249K	0.1%	$44.20	-8.1%	Com	955306105
—	Symetra Financial Corp	10,872	$247K	0.1%	$18.99	—	Com	87151Q106
LFUS	Littelfuse Inc	2,633	$245K	0.1%	$70.35	+30.2%	Com	537008104
BIDU	Baidu Inc	1,305	$244K	0.1%	$94.44	—	Com	056752108
E	ENI SPA ADR	4,365	$240K	0.1%	$46.07	—	Com	26874R108
—	Ryanair Holdings PLC	4,295	$240K	0.1%	$51.48	—	Com	783513104
PFE	Pfizer Inc	8,007	$238K	0.1%	$16.46	+6.6%	Com	717081103
—	Life Time Fitness Inc	4,880	$238K	0.1%	$50.18	—	Com	53217R207
—	Colony Financial Inc	10,255	$238K	0.1%	$20.28	—	Com	19624R106
TDY	Teledyne Technologies Inc	2,440	$237K	0.1%	$76.68	+24.7%	Com	879360105
CMCSA	Comcast Corporation New Cl A	4,366	$234K	0.1%	$18.38	+7.6%	Com	20030N101
AL	Air Lease Corp	6,000	$231K	0.1%	$28.82	+13.0%	Com	00912X302
—	American Equity Investment Life Holding Co	9,307	$229K	0.1%	$16.55	—	Com	025676206
FHN	First Horizon National Corp	19,332	$229K	0.1%	$7.58	+7.7%	Com	320517105
—	Cabot Microelectronics Corp	5,138	$229K	0.1%	$34.23	—	Com	12709P103
RGA	Reinsurance Group of America Inc	2,885	$228K	0.1%	$63.27	+23.2%	Com	759351604
—	The Royal Bank of Scotland Group	20,107	$227K	0.1%	$11.02	—	Com	780097689
MPWR	Monolithic Power Systems Inc	5,342	$226K	0.1%	$28.65	+21.3%	Com	609839105
—	B/E Aerospace Inc	2,417	$224K	0.1%	$87.12	—	Com	073302101
MANU	Manchester United PLC	12,773	$223K	0.1%	$16.38	+3.8%	Com	G5784H106
—	Covance Inc	2,604	$223K	0.1%	$76.23	—	Com	222816100
—	Companhia Paranaense de Energia	14,344	$220K	0.1%	$12.62	—	Com	20441B407
ERIC	Telefon AB LM Ericsson	18,218	$220K	0.1%	$11.49	—	Com	294821608
SF	Stifel Financial Corporation	4,625	$219K	0.1%	$25.49	+7.3%	Com	860630102
BBD	Banco Bradesco SA	14,749	$214K	0.1%	$12.88	—	Com	059460303
CVE	Cenovus Energy Inc	6,503	$211K	0.1%	$23.30	0.0%	Com	15135U109
—	South Jersey Industries Inc	3,491	$211K	0.1%	$57.42	—	Com	838518108
PRI	Primerica Inc	4,400	$211K	0.1%	$42.41	+8.2%	Com	74164M108
—	WGL Holdings Inc	4,863	$210K	0.1%	$40.13	—	Com	92924F106
—	China Petroleum & Chemical Corp	2,198	$209K	0.1%	$95.09	—	Com	16941R108
UNFI	United Natural Foods Inc	3,200	$208K	0.1%	$60.79	+10.0%	Com	911163103
MTH	Meritage Corp	4,935	$208K	0.1%	$23.18	-12.6%	Com	59001A102
TD	Toronto Dominion Bank	4,026	$207K	0.1%	$48.54	0.0%	Com	891160509
—	BBCN Bancorp Inc	12,874	$205K	0.1%	$16.50	—	Com	073295107
—	Hittite Microwave Corp	2,634	$205K	0.1%	$77.83	—	Com	43365Y104
—	CIT Group Inc New	4,460	$204K	0.1%	$46.67	—	Com	125581801
MPT	Medical Properties Trust Inc	15,258	$202K	0.1%	$14.34	—	Com	58463J304
NPKI	Newpark Resources Inc	15,745	$196K	0.1%	$10.38	+12.3%	Com	651718504
NWSA	News Corporation	10,310	$185K	0.0%	$14.03	+8.1%	Com	65249B109
MFG	Mizuho Financial Group Inc	44,667	$184K	0.0%	$4.15	—	Com	60687Y109
—	Sapient Corp	11,175	$182K	0.0%	$17.37	—	Com	803062108
—	First Potomac Realty Trust	13,434	$176K	0.0%	$12.94	—	Com	33610F109
—	American Capital Ltd	10,170	$155K	0.0%	$13.04	—	Com	02503Y103
—	Swift Energy Co	11,493	$149K	0.0%	$12.56	—	Com	870738101
—	Apollo Investment Corp	17,031	$147K	0.0%	$8.50	—	Com	03761U106
—	Janus Capital Group Inc	11,517	$144K	0.0%	$12.38	—	Com	47102X105
—	Fifth Street Finance Corp	14,286	$140K	0.0%	$9.27	—	Com	31678A103
FSP	Franklin Street Properties Corp	10,019	$126K	0.0%	$12.58	—	Com	35471R106
—	PowerShares WilderHill Clean Energy Fund	15,692	$108K	0.0%	$5.42	—	Com	73935X500
HLIT	Harmonic Inc	13,535	$101K	0.0%	$7.42	-3.1%	Com	413160102
—	Yamana Gold Inc	10,550	$87,000	0.0%	$9.59	—	Com	98462Y100
ABEV	Ambev SA	10,799	$76,000	0.0%	$7.04	—	Com	02319V103