Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	95,778	$10.83M	5.6%	$18.16	+33.4%	COM	037833100
—	ENERGOUS CORP	492,450	$9.657M	5.0%	$19.61	—	COM	29272c103
—	SHIP FINANCE INTL F	604,034	$8.897M	4.6%	$14.73	—	COM	g81075106
—	EURONAV NV F	1,061,750	$8.101M	4.2%	$7.63	—	COM	b38564108
MCHP	MICROCHIP TECHNOLOGY	117,970	$7.331M	3.8%	$14.04	+73.8%	COM	595017104
—	LEXINGTON REALTY TR REIT	693,934	$7.148M	3.7%	$10.34	—	COM	529043101
—	B G C PARTNERS CLASS A	808,917	$7.078M	3.6%	$8.75	—	COM	05541t101
—	NEW RESIDENTIAL INVE REIT	492,396	$6.8M	3.5%	$13.81	—	COM	64828t201
—	NEW SENIOR INV GRP	559,200	$6.453M	3.3%	$10.04	—	COM	648691103
—	CHECK PT SOFTWARE F	77,594	$6.022M	3.1%	$77.61	—	COM	m22465104
JNJ	JOHNSON & JOHNSON	45,289	$5.35M	2.7%	$59.89	+56.3%	COM	478160104
—	CELGENE CORP	50,274	$5.255M	2.7%	$105.36	—	COM	151020104
GILD	GILEAD SCIENCES INC	62,131	$4.916M	2.5%	$43.92	+31.6%	COM	375558103
SBUX	STARBUCKS CORP	77,678	$4.205M	2.2%	$34.18	+34.1%	COM	855244109
—	ALPHABET INC. CLASS C	5,173	$4.021M	2.1%	$777.31	—	COM	02079k107
—	ALPHABET INC. CLASS A	4,878	$3.922M	2.0%	$638.42	—	COM	02079k305
—	MERCK & CO INC	58,755	$3.667M	1.9%	$62.41	—	COM	58933y105
—	EXAR CORP	336,825	$3.136M	1.6%	$8.05	—	COM	300645108
—	FRONTIER COMM CO	752,860	$3.132M	1.6%	$4.16	—	COM	35906a108
BMY	BRISTOL-MYERS SQUIBB	50,095	$2.701M	1.4%	$33.61	+37.3%	COM	110122108
HAL	HALLIBURTON CO HLDG	56,567	$2.539M	1.3%	$35.56	+2.3%	COM	406216101
—	COUNTRYWIDE CAP V 7%PFD DUE 11	96,376	$2.483M	1.3%	$25.16	—	PFD	222388209
PSX	PHILLIPS 66	30,290	$2.44M	1.3%	$41.73	+30.4%	COM	718546104
—	GENERAL ELECTRIC CO	78,710	$2.331M	1.2%	$23.59	—	COM	369604103
CVX	CHEVRON CORPORATION	22,028	$2.267M	1.2%	$71.31	-4.0%	COM	166764100
QCOM	QUALCOMM INC	31,450	$2.154M	1.1%	$45.98	+2.0%	COM	747525103
INTC	INTEL CORP	54,028	$2.04M	1.0%	$17.85	+60.3%	COM	458140100
MDLZ	MONDELEZ INTL CLASS A	46,067	$2.022M	1.0%	$23.16	+52.1%	COM	609207105
PFE	PFIZER INCORPORATED	58,208	$1.972M	1.0%	$16.52	+34.8%	COM	717081103
RWT	REDWOOD TRUST INC. REIT	138,617	$1.963M	1.0%	$16.31	—	COM	758075402
KHC	KRAFT HEINZ COMPANY	21,132	$1.892M	1.0%	$47.82	+21.4%	COM	500754106
AMGN	AMGEN INCORPORATED	10,753	$1.794M	0.9%	$98.31	+29.9%	COM	031162100
—	ANWORTH MTG ASSET REIT	349,600	$1.72M	0.9%	$4.84	—	COM	037347101
—	A T & T INC	41,007	$1.665M	0.9%	$40.60	—	COM	00206r102
BP	BP PLC F ADR 1 ADR REPS 6 ORD	46,875	$1.648M	0.8%	$37.04	—	COM	055622104
—	HALOZYME THERAPEUTIC	130,950	$1.582M	0.8%	$9.38	—	COM	40637h109
—	SPRAGUE RESOURCES LP LP	66,350	$1.572M	0.8%	$24.01	—	COM	849343108
—	EXXON MOBIL CORP	17,969	$1.568M	0.8%	$87.26	—	COM	30231g102
—	MARATHON PETE CORP	38,240	$1.552M	0.8%	$40.59	—	COM	56585a102
ADI	ANALOG DEVICES INC	23,400	$1.508M	0.8%	$38.89	+33.3%	COM	032654105
PEP	PEPSICO INCORPORATED	12,716	$1.383M	0.7%	$60.99	+32.9%	COM	713448108
—	VERIZON COMMUNICATN	26,477	$1.376M	0.7%	$51.97	—	COM	92343v104
LMT	LOCKHEED MARTIN CORP	5,410	$1.297M	0.7%	$126.76	+53.7%	COM	539830109
NAT	NORDIC AMERICAN TANKERS LIMITE	126,000	$1.274M	0.7%	$11.62	0.0%	COM	G65773106
EWBC	EAST WEST BANCORP INC	33,275	$1.222M	0.6%	$19.26	+47.2%	COM	27579R104
—	DUKE ENERGY CORP	14,775	$1.183M	0.6%	$80.07	—	COM	26441c204
DIS	WALT DISNEY CO	12,230	$1.136M	0.6%	$83.43	+6.5%	COM	254687106
IBM	IBM CORP	6,424	$1.02M	0.5%	$111.61	-8.8%	COM	459200101
CNI	CANADIAN NATL RAILWY F	15,150	$991K	0.5%	$43.11	+23.3%	COM	136375102
—	ALTRIA GROUP INC	15,540	$983K	0.5%	$63.26	—	COM	02209s103
PG	PROCTER & GAMBLE EXCHANGE OFFE	10,660	$957K	0.5%	$55.00	+22.8%	COM	742718109
—	CALLIDUS SOFTWARE	51,075	$937K	0.5%	$18.35	—	COM	13123e500
—	GOPRO INC CLASS A	54,200	$904K	0.5%	$16.68	—	COM	38268t103
TXN	TEXAS INSTRUMENTS COM	12,690	$891K	0.5%	$25.31	+108.1%	COM	882508104
—	CAPSTEAD MTG CORP REIT	87,450	$825K	0.4%	$9.43	—	COM	14067e506
PM	PHILIP MORRIS INTL INC	7,664	$745K	0.4%	$49.82	+25.0%	COM	718172109
KMB	KIMBERLY-CLARK CORP	5,720	$722K	0.4%	$63.06	+48.3%	COM	494368103
WYNN	WYNN RESORTS	7,375	$718K	0.4%	$68.18	+27.9%	COM	983134107
NKE	NIKE INC CLASS B	13,626	$717K	0.4%	$48.50	+3.1%	COM	654106103
KO	COCA COLA COMPANY	16,525	$699K	0.4%	$27.89	+16.7%	COM	191216100
—	3M COMPANY	3,965	$699K	0.4%	$176.29	—	COM	88579y101
BRK/B	BERKSHIRE HATHAWAY CLASS B	4,825	$697K	0.4%	$129.74	+12.7%	COM	084670702
MGNX	MACROGENICS INC	23,200	$694K	0.4%	$30.38	-2.1%	COM	556099109
—	ACHILLION PHARMA INC	84,850	$687K	0.4%	$8.10	—	COM	00448q201
USB	U S BANCORP	15,290	$656K	0.3%	$29.85	+0.4%	COM	902973304
WFC	WELLS FARGO BK N A	14,505	$642K	0.3%	$36.57	+0.7%	COM	949746101
—	CYS INVESTMENTS REIT	73,250	$639K	0.3%	$8.72	—	COM	12673a108
—	FIBROGEN INC	28,000	$580K	0.3%	$20.71	—	COM	31572q808
TEVA	TEVA PHARMACEUTICAL INDS ADR	12,600	$580K	0.3%	$39.20	—	COM	881624209
NOC	NORTHROP GRUMMAN CORP	2,475	$530K	0.3%	$62.64	+197.3%	COM	666807102
SLB	SCHLUMBERGER LTD F	6,689	$526K	0.3%	$53.74	+12.9%	COM	806857108
—	COMCAST CORPORATION CLASS A	7,600	$504K	0.3%	$66.32	—	COM	20030n101
HON	HONEYWELL INTL INC TRADES WITH	4,075	$475K	0.2%	$73.03	+17.8%	COM	438516106
MIDD	MIDDLEBY CORP THE	3,600	$445K	0.2%	$91.43	+34.3%	COM	596278101
—	PUBLIC STORAGE REIT	1,930	$431K	0.2%	$223.32	—	COM	74460d109
—	SPECTRA ENERGY CORP	10,050	$430K	0.2%	$34.46	—	COM	847560109
SCHW	SCHWAB (CHARLES) CORP	13,300	$420K	0.2%	$20.40	+27.6%	COM	808513105
MSFT	MICROSOFT CORP	7,021	$404K	0.2%	$39.29	+28.0%	COM	594918104
—	PARSLEY ENERGY INC CLASS A	11,950	$400K	0.2%	$22.59	—	COM	701877102
APD	AIR PROD & CHEMICALS TRADES WI	2,567	$386K	0.2%	$62.08	+77.1%	COM	009158106
TMUS	T-MOBILE US INC	7,620	$356K	0.2%	$29.77	+49.0%	COM	872590104
—	CONOCOPHILLIPS	7,960	$346K	0.2%	$43.47	—	COM	20825c104
EFX	EQUIFAX INC	2,500	$336K	0.2%	$69.46	+74.9%	COM	294429105
WAB	WABTEC	4,000	$327K	0.2%	$79.15	-12.2%	COM	929740108
—	CALLON PETROLEUM CO	20,775	$326K	0.2%	$15.69	—	COM	13123x102
ILMN	ILLUMINA INC	1,785	$324K	0.2%	$159.99	0.0%	COM	452327109
—	FIVE PRIME THERAPEUTICS INC	6,150	$323K	0.2%	$41.46	—	COM	33830X104
NSRGY	NESTLE SA F ADR 1 ADR REPS 1 O	4,000	$316K	0.2%	$73.50	—	COM	641069406
GD	GENERAL DYNAMICS CO	2,000	$310K	0.2%	$107.02	+13.6%	COM	369550108
LOW	LOWES COS INC COM	4,254	$307K	0.2%	$38.28	+70.9%	COM	548661107
—	RAYTHEON CO	2,198	$299K	0.2%	$90.87	—	COM	755111507
—	CISCO SYSTEMS INC	8,925	$283K	0.1%	$31.71	—	COM	17275r102
SWK	STANLEY BLACK & DECKER INC	2,164	$266K	0.1%	$62.68	+50.6%	COM	854502101
—	FOUNDATION MEDICINE	10,300	$241K	0.1%	$23.40	—	COM	350465100
—	SYNERGY RESOURCES CO	34,050	$236K	0.1%	$6.93	—	COM	87164p103
—	XILINX INC COM	4,300	$234K	0.1%	$54.42	—	COM	983919101
LLY	ELI LILLY & CO.	2,850	$229K	0.1%	$58.64	+17.0%	COM	532457108
AXP	AMERICAN EXPRESS CO	3,547	$227K	0.1%	$67.56	-16.6%	COM	025816109
—	STARWOOD PPTY TRUST REIT	10,000	$225K	0.1%	$22.50	—	COM	85571b105
VFC	VF CORPORATION	4,000	$224K	0.1%	$66.14	-12.7%	COM	918204108
RHHBY	ROCHE HLDG AG F ADR 1 ADR RE 0	7,000	$218K	0.1%	$34.00	—	COM	771195104
JPM	JPMORGAN CHASE & CO	3,102	$207K	0.1%	$49.14	+3.5%	COM	46625H100
BDC	BELDEN INC	2,900	$200K	0.1%	$67.54	0.0%	COM	077454106
—	ATOMERA INCORPORATED	11,075	$86,000	0.0%	$7.77	—	COM	04965b100
—	Gastar Expl Inc New	100,000	$84,000	0.0%	$0.84	—	COM	36729W202
—	TVI CORPORATION NEW	17,500	$0	0.0%	—	—	COM	872916101