Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	JACOBS ENGINEERING GR	438,659	$21.85M	6.6%	$42.16	—	COM	469814107
—	JOHNSON CONTROLS INC	444,183	$19.66M	6.0%	$36.53	—	COM	478366107
—	NATIONAL OIL WELL VARCO	569,832	$19.18M	5.8%	$41.97	—	COM	637071101
INTC	INTEL CORPORATION	571,406	$18.74M	5.7%	$20.56	+22.2%	COM	458140100
WFC	WELLS FARGO & CO	395,977	$18.74M	5.7%	$27.55	+35.1%	COM	949746101
MRK	MERCK & CO. INC.	292,099	$16.83M	5.1%	$31.73	+24.5%	COM	58933Y105
CCL	CARNIVAL CORPORATION	380,397	$16.81M	5.1%	$29.83	+44.8%	COM	143658300
MKL	MARKEL CORP COM	17,581	$16.75M	5.1%	$527.23	+76.6%	COM	570535104
MOS	MOSAIC CO NEW COM	628,623	$16.46M	5.0%	$21.61	+2.7%	COM	61945C103
KSS	KOHL'S CORPORATION	397,912	$15.09M	4.6%	$56.05	-29.1%	COM	500255104
CVS	CVS CAREMARK CORPORATION	157,421	$15.07M	4.6%	$41.44	+79.8%	COM	126650100
RHI	ROBERT HALF INTERNATIONAL INC	341,660	$13.04M	4.0%	$40.87	0.0%	COM	770323103
DNOW	NOW INC COM	581,627	$10.55M	3.2%	$25.40	-30.9%	COM	67011P100
EMR	EMERSON ELECTRIC CO	197,376	$10.29M	3.1%	$39.37	+5.5%	COM	291011104
BK	BANK OF NEW YORK CO (New)	237,857	$9.24M	2.8%	$21.52	+44.1%	COM	064058100
—	LIBERTY INTERACTIVE CORP INT C	362,781	$9.204M	2.8%	$29.42	—	COM	53071M104
MSFT	MICROSOFT CORPORATION	179,798	$9.2M	2.8%	$26.80	+71.6%	COM	594918104
VLO	VALERO ENERGY CORP.	174,727	$8.911M	2.7%	$25.19	+52.7%	COM	91913Y100
TM	TOYOTA MOTOR CORP SP ADR REP2C	86,238	$8.623M	2.6%	$99.99	—	COM	892331307
XOM	EXXON MOBIL CORPORATION	90,185	$8.454M	2.6%	$53.84	+7.5%	COM	30231G102
—	NORDSTROM INC.	220,834	$8.403M	2.6%	$38.05	—	COM	655664100
—	UNILEVER PLC ADR	166,426	$7.974M	2.4%	$40.54	—	COM	904767704
HSBC	HSBC HLDGS PLC ADS	247,989	$7.764M	2.4%	$40.13	—	COM	404280406
CVX	CHEVRON CORP	28,352	$2.972M	0.9%	$70.76	-5.7%	COM	166764100
BA	BOEING COMPANY	18,335	$2.381M	0.7%	$83.65	+41.7%	COM	097023105
PFE	PFIZER INC.	57,117	$2.011M	0.6%	$16.48	+27.7%	COM	717081103
—	ROCKWELL COLLINS	20,319	$1.73M	0.5%	$64.66	—	COM	774341101
PG	PROCTER & GAMBLE CO.	19,088	$1.616M	0.5%	$55.41	+14.3%	COM	742718109
JNJ	JOHNSON & JOHNSON	11,721	$1.422M	0.4%	$59.85	+45.4%	COM	478160104
PEP	PEPSICO INC.	10,259	$1.087M	0.3%	$57.04	+35.1%	COM	713448108
—	GENERAL ELECTRIC CO	31,630	$995K	0.3%	$23.52	—	COM	369604103
CLX	CLOROX COMPANY	6,280	$869K	0.3%	$61.21	+61.2%	COM	189054109
—	UNITED TECHNOLOGIES	6,555	$672K	0.2%	$103.16	—	COM	913017109
TGT	TARGET CORPORATION	8,605	$601K	0.2%	$46.95	+19.5%	COM	87612E106
GPC	GENUINE PARTS COMPANY	5,760	$583K	0.2%	$54.12	+35.6%	COM	372460105
IBM	IBM CORP	3,660	$556K	0.2%	$117.89	-19.3%	COM	459200101
BMY	BRISTOL-MEYERS SQUIBB	7,507	$552K	0.2%	$29.30	+72.3%	COM	110122108
SRE	SEMPRA ENERGY	4,802	$548K	0.2%	$28.49	+36.9%	COM	816851109
—	ROYAL DUTCH SHELL ADR	9,360	$517K	0.2%	$64.53	—	COM	780259206
—	3M COMPANY	2,732	$478K	0.1%	$143.39	—	COM	88579y101
—	NOVARTIS AG ADS	5,672	$468K	0.1%	$90.47	—	COM	66987v109
KO	COCA-COLA COMPANY	8,590	$389K	0.1%	$27.85	+19.6%	COM	191216100
MRSH	MARSH & McLENNAN COS	4,802	$329K	0.1%	$31.19	+75.3%	COM	571748102
CWT	CALIFORNIA WATER SRVC	7,600	$265K	0.1%	$20.40	+18.6%	COM	130788102
—	MCKESSON CORP	1,395	$260K	0.1%	$186.38	—	COM	58155q103
BRK/B	BERKSHIRE HATHAWAY CL B	1,792	$259K	0.1%	$111.67	+28.0%	COM	084670702
GLW	CORNING INCORPORATED	11,267	$231K	0.1%	$10.49	+47.9%	COM	219350105
DE	DEERE & CO COM	2,768	$224K	0.1%	$68.04	+2.8%	COM	244199105
ABT	ABBOTT LABS COM	5,638	$222K	0.1%	$28.79	+15.8%	COM	002824100
CL	COLGATE-PALMOLIVE CO	3,000	$220K	0.1%	$48.40	+17.5%	COM	194162103
—	GLAXO SMITHKLINE ADS	4,934	$214K	0.1%	$40.54	—	COM	37733w105