Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MasterCard	6,580	$4.427M	3.7%	$51.54	+13.1%	COM	57636Q104
ECL	Ecolab Inc.	39,900	$3.941M	3.3%	$73.48	+10.5%	COM	278865100
—	Johnson Controls Inc.	81,200	$3.37M	2.8%	$35.79	—	COM	478366107
—	EMC Corporation	129,848	$3.319M	2.8%	$23.62	—	COM	268648102
FISV	Fiserv Inc.	30,550	$3.087M	2.6%	$21.93	+10.3%	COM	337738108
NVS	Novartis A G Spon ADR	35,800	$2.746M	2.3%	$70.71	—	ADR	66987V109
—	Hess Corporation	34,850	$2.695M	2.3%	$66.50	—	COM	42809H107
—	Pentair LTD	41,100	$2.669M	2.2%	$57.70	—	ADR	709631105
TMO	Thermo Fisher Scientific	28,700	$2.645M	2.2%	$79.76	+8.8%	COM	883556102
NSC	Norfolk Southern Corp	33,600	$2.599M	2.2%	$57.67	-1.2%	COM	655844108
—	Waste Management Inc.	61,700	$2.545M	2.1%	$40.33	—	COM	94196L109
—	Xerox Corporation	246,800	$2.54M	2.1%	$9.07	—	COM	984121103
QCOM	Qualcomm Inc	37,450	$2.521M	2.1%	$45.08	+3.3%	COM	747525103
PEP	PepsiCo Inc.	31,100	$2.472M	2.1%	$56.00	+1.4%	COM	713448108
—	Express Scripts Hldgs	39,850	$2.463M	2.1%	$61.73	—	COM	302182100
GIS	General Mills	51,200	$2.454M	2.1%	$31.98	+2.9%	COM	370334104
UNP	Union Pacific Corp.	15,725	$2.443M	2.0%	$57.06	+5.4%	COM	907818108
—	BB&T Corporation	71,000	$2.396M	2.0%	$33.88	—	COM	054937107
—	CBS Corp. Cl B	41,200	$2.273M	1.9%	$48.86	—	COM	124857202
—	Blackrock Inc.	8,360	$2.262M	1.9%	$256.82	—	COM	09247X101
CMI	Cummins Inc.	16,900	$2.246M	1.9%	$81.53	+9.3%	COM	231021106
—	Thomson Reuters Corp	63,850	$2.235M	1.9%	$32.58	—	ADR	884903105
HAS	Hasbro Inc.	46,200	$2.178M	1.8%	$30.22	+3.4%	COM	418056107
—	ACE Ltd.	21,950	$2.054M	1.7%	$93.58	—	ADR	H0023R105
BA	Boeing Company	17,100	$2.009M	1.7%	$80.37	+13.9%	COM	097023105
SLB	Schlumberger Ltd.	22,700	$2.006M	1.7%	$52.90	+11.5%	ADR	806857108
—	Plum Creek Timber Co	42,100	$1.972M	1.7%	$46.68	—	COM	729251108
—	Allergan Inc.	21,700	$1.963M	1.6%	$84.61	—	COM	018490102
—	Monsanto	18,550	$1.936M	1.6%	$98.79	—	COM	61166W101
—	Tiffany & Co.	25,200	$1.93M	1.6%	$76.59	—	COM	886547108
—	Vodafone Grp Plc ADR	52,400	$1.843M	1.5%	$28.74	—	ADR	92857W100
JPM	J.P. Morgan Chase & Co.	33,950	$1.755M	1.5%	$36.24	+6.3%	COM	46625H100
PG	Procter & Gamble	23,050	$1.742M	1.5%	$55.00	+2.2%	COM	742718109
TD	Toronto Dominion Bank	19,250	$1.732M	1.5%	$40.27	+5.5%	ADR	891160509
—	Tupperware Corp	19,350	$1.671M	1.4%	$77.86	—	COM	899896104
—	Eaton Corporation	23,100	$1.59M	1.3%	$65.80	—	ADR	278058102
DE	Deere Company	19,277	$1.569M	1.3%	$68.04	-3.1%	COM	244199105
JNJ	Johnson & Johnson	17,800	$1.543M	1.3%	$59.66	+6.5%	COM	478160104
—	Bk. of Amer. Conv. Pfd.	1,414	$1.529M	1.3%	$1108.25	—	PFD	060505682
DVA	Davita Healthcare	25,400	$1.445M	1.2%	$59.69	-4.0%	COM	23918K108
—	Dr. Pepper Snapple	31,900	$1.43M	1.2%	$45.92	—	COM	256131301
—	Textainer Group Hldgs	36,900	$1.397M	1.2%	$38.09	—	ADR	G8766E109
—	Potash Corp.	41,300	$1.292M	1.1%	$38.13	—	ADR	73755L107
SAP	SAP AG	16,200	$1.198M	1.0%	$72.90	—	ADR	803054204
—	Google Inc Class A	1,340	$1.174M	1.0%	$880.24	—	COM	38259P508
IDXX	Idexx Labs	11,550	$1.151M	1.0%	$44.11	+9.0%	COM	45168D104
—	Fresh Market Inc.	23,550	$1.114M	0.9%	$49.66	—	COM	35804H106
AKAM	Akamai Technologies	20,900	$1.081M	0.9%	$41.83	+12.7%	COM	00971T101
—	CenturyLink	33,100	$1.039M	0.9%	$35.35	—	COM	156700106
—	Cerner Corp	19,300	$1.014M	0.9%	$74.30	—	COM	156782104
STLD	Steel Dynamics, Inc.	56,600	$946K	0.8%	$11.35	+6.7%	COM	858119100
SPY	SPDR S&P 500 Index	5,612	$943K	0.8%	$160.34	—	COM	78462F103
—	Stanley Black & Decker	9,800	$888K	0.7%	$90.61	—	COM	854582101
—	Apache Corp	10,200	$868K	0.7%	$85.10	—	COM	37411105
WSM	Williams Sonoma	15,300	$860K	0.7%	$20.11	+8.1%	COM	969904101
—	Encana Corporation	48,500	$841K	0.7%	$16.93	—	ADR	292505104
PFE	Pfizer Inc.	27,800	$799K	0.7%	$16.45	-0.5%	COM	717081103
HP	Helmerich & Payne Inc	11,450	$789K	0.7%	$61.57	+7.2%	COM	423452101
—	Alerian MLP ETF	43,950	$773K	0.6%	$17.85	—	COM	00162Q866
—	Total S.A.	13,150	$762K	0.6%	$48.67	—	ADR	286269105
—	Raytheon Co.	9,350	$721K	0.6%	$66.10	—	COM	755111507
—	Maxim Integrated Products, Inc	22,900	$683K	0.6%	$27.79	—	COM	57772K101
—	Atlas Air Worldwide	14,200	$654K	0.5%	$44.05	—	COM	049164205
LPX	Louisiana Pacific Corp	35,000	$616K	0.5%	$17.96	-8.0%	COM	546347105
TDC	Teradata Corp	10,400	$577K	0.5%	$58.72	0.0%	COM	88076W103
EBAY	Ebay, Inc.	9,800	$547K	0.5%	$20.18	-1.1%	COM	278642103
IJR	iShares S&P Smallcap 600	4,558	$455K	0.4%	$90.29	—	COM	464287804
CLH	Clean Harbors Inc.	7,700	$452K	0.4%	$55.74	+0.1%	COM	184496107
VRA	Vera Bradley, Inc.	14,600	$300K	0.3%	$22.22	-3.8%	COM	92335C106
—	Claymore Zachs Dividend ETF	11,300	$268K	0.2%	$23.19	—	COM	18383M506
CVX	Chevrontexaco Corp	1,965	$239K	0.2%	$71.30	+2.5%	COM	166764100
UAA	Under Armour Inc.	3,000	$238K	0.2%	$17.63	0.0%	COM	904311107
—	Market Vectors Agribusiness ETF	4,000	$205K	0.2%	$51.25	—	COM	5706OU605
—	Kite Realty Group	14,000	$83,000	0.1%	$6.00	—	COM	49803T102