Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	General Elec Co	397,415	$9.216M	6.7%	$23.19	$23.19	—	COM	369604103
—	Google Inc. Cl A	8,949	$7.878M	5.7%	$880.32	$880.32	—	COM	38259P508
XOM	Exxon Mobil Corp	84,192	$7.607M	5.5%	$90.35 *	$53.69	+0.7%	COM	30231G102
AAPL	Apple Computer	14,535	$5.764M	4.2%	$396.56 *	$13.16	-7.7%	COM	037833100
PG	Procter And Gamble Co	74,540	$5.739M	4.1%	$76.99 *	$55.00	-1.7%	COM	742718109
ADP	Automatic Data Processing	82,645	$5.691M	4.1%	$68.86 *	$45.09	+1.8%	COM	053015103
BRK/B	Berkshire Hathaway Inc Cl B	49,655	$5.557M	4.0%	$111.91	$110.02	+1.7%	COM	084670702
NSRGY	Nestle Sa	82,222	$5.384M	3.9%	$65.48	$69.17	-4.9%	COM	641069406
MMM	3M Co	48,241	$5.275M	3.8%	$109.35 *	$61.26	+1.0%	COM	88579Y101
BRK/A	Berkshire Hathaway Inc Cl A	30	$5.058M	3.7%	$168600.00	$165023.42	+2.2%	COM	084670108
JNJ	Johnson & Johnson	58,250	$5.001M	3.6%	$85.85 *	$59.66	+1.6%	COM	478160104
SLB	Schlumberger	66,520	$4.767M	3.4%	$71.66 *	$52.90	-2.9%	COM	806857108
IBM	International Business Machine	24,521	$4.686M	3.4%	$191.10 *	$118.94	-6.0%	COM	459200101
EMR	Emerson Elec Co	85,360	$4.656M	3.4%	$54.55 *	$40.02	-2.7%	COM	291011104
HON	Honeywell International Inc	56,920	$4.516M	3.3%	$79.34 *	$53.13	+3.6%	COM	438516106
—	Vodafone Group PLC New	149,550	$4.299M	3.1%	$28.75	$28.75	—	COM	92857W209
DEO	Diageo Plc	37,383	$4.297M	3.1%	$114.95	$120.96	-5.0%	COM	25243Q205
EQR	Equity Residential Sh Ben Int	73,175	$4.249M	3.1%	$58.07 *	$31.42	+1.7%	COM	29476L107
FDS	Factset Research Sys	41,250	$4.205M	3.0%	$101.94 *	$83.78	+6.5%	COM	303075105
NSC	Norfolk Southern Corp.	53,889	$3.915M	2.8%	$72.65 *	$57.67	-4.6%	COM	655844108
—	Southwestern Energy Co.	104,226	$3.807M	2.8%	$36.53	$36.53	—	COM	845467109
—	Allergan Inc.	37,540	$3.162M	2.3%	$84.23	$84.23	—	COM	018490102
CAT	Caterpillar Inc.	34,030	$2.807M	2.0%	$82.49 *	$61.55	-2.9%	COM	149123101
MDLZ	Mondelez Intl Inc Cl A	94,415	$2.694M	1.9%	$28.53 *	$23.16	-5.8%	COM	609207105
TGT	Target Corp	35,658	$2.455M	1.8%	$68.85 *	$47.95	-0.8%	COM	87612E106
PEP	Pepsico Inc.	24,355	$1.992M	1.4%	$81.79 *	$56.00	+0.7%	COM	713448108
DE	Deere & Company	19,500	$1.584M	1.1%	$81.23 *	$68.04	-5.4%	COM	244199105
—	Bridgehampton National Bank	59,485	$1.338M	1.0%	$22.49	$22.49	—	COM	108035106
PM	Philip Morris Intl Inc Com	13,700	$1.187M	0.9%	$86.64 *	$49.85	-5.9%	COM	718172109
—	Kraft Foods Group Inc Com	20,336	$1.136M	0.8%	$55.86	$55.86	—	COM	50076Q106
—	Laboratory Amer Hldgs Com New	10,450	$1.046M	0.8%	$100.10	$100.10	—	COM	50540R409
PFE	Pfizer Inc.	36,662	$1.027M	0.7%	$28.01 *	$16.46	-3.5%	COM	717081103
KO	Coca-Cola	21,152	$848K	0.6%	$40.09 *	$27.85	-2.6%	COM	191216100
—	Ei Dupont De Nemours & Co	12,620	$663K	0.5%	$52.54	$52.54	—	COM	263534109
HKHHF	Heineken Holding	9,125	$511K	0.4%	$56.00 *	$48.68	-8.2%	COM	N39338194
DIS	Disney Walt Co	8,000	$505K	0.4%	$63.13 *	$56.11	-0.0%	COM	254687106
T	AT&T Inc.	13,445	$476K	0.3%	$35.40 *	$11.40	-3.6%	COM	00206R102
CVX	Chevron Corporation	4,018	$475K	0.3%	$118.22 *	$71.30	-1.7%	COM	166764100
—	Plum Creek Timber Co.	10,000	$467K	0.3%	$46.70	$46.70	—	COM	729251108
BMY	Bristol Myers	8,800	$393K	0.3%	$44.66 *	$28.67	+3.0%	COM	110122108
VZ	Verizon Communications	7,044	$355K	0.3%	$50.40 *	$27.04	-1.3%	COM	92343V104
ALL	Allstate Corp	7,060	$340K	0.2%	$48.16 *	$37.12	-0.8%	COM	020002101
NEE	Nextera Energy Inc.	4,000	$326K	0.2%	$81.50 *	$14.15	+3.3%	COM	65339F101
WFC	Wells Fargo & Co.	7,000	$289K	0.2%	$41.29 *	$27.36	+6.2%	COM	949746101
SJM	Smucker J M Company	2,440	$252K	0.2%	$103.28 *	$70.84	+1.6%	COM	832696405
SPY	Spdr Tr Unit Ser 1	1,343	$215K	0.2%	$160.09	$161.08	-0.4%	ETF	78462F103
BYDDY	BYD Co Ltd ADR	29,500	$195K	0.1%	$6.61	$7.33	-10.5%	COM	05606L100
—	Mela Sciences Inc Com	15,900	$15,000	0.0%	$0.94	$0.94	—	COM	55277R100