Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MasterCard	61,650	$4.557M	3.6%	$70.66	+0.6%	COM	57636Q104
—	EMC Corporation	122,498	$3.584M	2.8%	$29.26	—	COM	268648102
UNP	Union Pacific Corp.	30,800	$3.339M	2.6%	$68.21	+17.8%	COM	907818108
NVS	Novartis A G Spon ADR	35,450	$3.337M	2.6%	$85.38	—	ADR	66987V109
CNI	Canadian Natl Railway	45,800	$3.25M	2.6%	$46.04	+22.6%	ADR	136375102
—	Johnson Controls Inc.	73,670	$3.241M	2.6%	$37.86	—	COM	478366107
ECL	Ecolab Inc.	27,200	$3.123M	2.5%	$75.00	+32.4%	COM	278865100
VTR	Ventas Inc.	47,550	$2.946M	2.3%	$42.70	+3.6%	COM	92276F100
—	Xerox Corporation	219,500	$2.904M	2.3%	$13.23	—	COM	984121103
—	Waste Management Inc.	60,300	$2.866M	2.3%	$47.53	—	COM	94196L109
PEP	PepsiCo Inc.	30,600	$2.849M	2.2%	$56.60	+14.6%	COM	713448108
—	Tupperware Corp	39,800	$2.748M	2.2%	$69.05	—	COM	899896104
—	Allergan Inc.	15,150	$2.7M	2.1%	$178.22	—	COM	018490102
OXY	Occidental Petroleum	27,920	$2.685M	2.1%	$66.18	+2.8%	COM	674599105
—	Express Scripts Hldgs CO	37,950	$2.68M	2.1%	$70.62	—	COM	302182100
QCOM	Qualcomm Inc	34,550	$2.583M	2.0%	$47.37	+17.0%	COM	747525103
—	Pentair LTD	38,700	$2.534M	2.0%	$65.48	—	ADR	709631105
SWK	Stanley Black & Decker	28,100	$2.495M	2.0%	$60.39	+10.9%	COM	854502101
HAS	Hasbro Inc.	44,500	$2.447M	1.9%	$36.34	0.0%	COM	418056107
TMO	Thermo Fisher Scientific	19,000	$2.312M	1.8%	$90.17	+30.1%	COM	883556102
SLB	Schlumberger Ltd.	22,100	$2.247M	1.8%	$60.60	+31.2%	ADR	806857108
—	Tiffany & Co.	22,800	$2.196M	1.7%	$82.77	—	COM	886547108
—	Thomson Reuters Corp	59,650	$2.172M	1.7%	$36.41	—	ADR	884903105
—	ACE Ltd.	20,700	$2.171M	1.7%	$104.88	—	ADR	H0023R105
CMI	Cummins Inc.	15,750	$2.079M	1.6%	$98.25	+7.9%	COM	231021106
BA	Boeing Company	15,875	$2.022M	1.6%	$82.94	+31.7%	COM	097023105
JPM	J.P. Morgan Chase & Co.	33,050	$1.991M	1.6%	$37.41	+15.3%	COM	46625H100
—	Bk. of Amer. Conv. Pfd.	1,694	$1.942M	1.5%	$1146.40	—	PFD	060505682
—	Plum Creek Timber Co	49,400	$1.927M	1.5%	$39.01	—	COM	729251108
PG	Procter & Gamble	22,650	$1.897M	1.5%	$55.69	+7.3%	COM	742718109
IVZ	Invesco Ltd.	47,900	$1.891M	1.5%	$21.08	+13.9%	ADR	G491BT108
JNJ	Johnson & Johnson	17,499	$1.865M	1.5%	$63.71	+18.6%	COM	478160104
—	Hess Corporation	19,650	$1.853M	1.5%	$69.68	—	COM	42809H107
—	Seagate Technology	31,400	$1.798M	1.4%	$57.26	—	ADR	G7945M107
—	Monsanto Co.	15,950	$1.795M	1.4%	$104.83	—	COM	61166W101
TCBI	Texas Cap Bancshares Inc.	31,050	$1.791M	1.4%	$55.17	-2.3%	COM	88224Q107
DVA	Davita Healthcare	23,600	$1.726M	1.4%	$61.87	+18.3%	COM	23918K108
—	Sinclair Broadcast Grp A	60,550	$1.58M	1.2%	$32.77	—	COM	829226109
—	Fresh Market Inc.	44,300	$1.547M	1.2%	$34.92	—	COM	35804H106
TD	Toronto Dominion Bank	31,200	$1.541M	1.2%	$51.90	0.0%	ADR	891160509
DE	Deere Company	18,527	$1.519M	1.2%	$68.27	+1.6%	COM	244199105
SAP	SAP AG	20,900	$1.508M	1.2%	$73.67	—	ADR	803054204
—	Textainer Group Hldgs	47,050	$1.464M	1.2%	$22.08	—	ADR	G8766E109
—	Eaton Corporation	21,600	$1.369M	1.1%	$63.38	—	ADR	278058102
PFE	Pfizer Inc.	43,300	$1.28M	1.0%	$17.04	+2.4%	COM	717081103
VLO	Valero Energy Corp New	25,250	$1.168M	0.9%	$32.98	-1.1%	COM	91913Y100
AKAM	Akamai Technologies	19,450	$1.163M	0.9%	$43.07	+39.6%	COM	00971T101
SPY	SPDR S&P 500 Index	5,842	$1.151M	0.9%	$172.04	—	COM	78462F103
WSM	Williams Sonoma	16,900	$1.125M	0.9%	$22.82	+16.4%	COM	969904101
IDXX	Idexx Labs	9,500	$1.119M	0.9%	$53.03	+19.2%	COM	45168D104
—	Dr. Pepper Snapple	16,750	$1.077M	0.8%	$64.30	—	COM	256131301
STLD	Steel Dynamics, Inc.	46,500	$1.051M	0.8%	$17.12	0.0%	COM	858119100
—	Potash Corp.	29,600	$1.023M	0.8%	$34.56	—	ADR	73755L107
GIS	General Mills	19,100	$964K	0.8%	$35.46	0.0%	COM	370334104
—	Cerner Corp	15,900	$947K	0.7%	$71.43	—	COM	156782104
EBAY	Ebay, Inc.	16,250	$920K	0.7%	$19.80	0.0%	COM	278642103
—	Triangle Capital	36,007	$912K	0.7%	$19.38	—	COM	895848109
PRU	Prudential Financial Inc.	10,375	$912K	0.7%	$54.95	0.0%	COM	744320102
—	Google Inc Class A	1,375	$809K	0.6%	$588.36	—	COM	38259P706
—	Total S.A.	11,950	$770K	0.6%	$64.44	—	ADR	286269105
—	Blackrock Inc.	2,200	$722K	0.6%	$328.18	—	COM	09247X101
TDC	Teradata Corp	16,850	$706K	0.6%	$43.02	0.0%	COM	88076W103
—	Google Inc Class C	1,160	$670K	0.5%	$577.59	—	COM	38258P508
—	Cubist Pharmaceuticals	8,400	$557K	0.4%	$66.31	—	COM	229678107
IJR	iShares S&P Smallcap 600	5,308	$554K	0.4%	$97.97	—	COM	464287804
—	Nielsen Holdings N V	12,051	$534K	0.4%	$44.31	—	ADR	N63218106
LPX	Louisiana Pacific Corp	30,600	$416K	0.3%	$14.15	0.0%	COM	546347105
—	Alerian MLP ETF	20,650	$396K	0.3%	$19.18	—	COM	00162Q866
UAA	Under Armour Inc.	5,500	$380K	0.3%	$22.34	+49.3%	COM	904311107
CVX	Chevrontexaco Corp	2,981	$356K	0.3%	$73.76	+6.4%	COM	166764100
—	Dow Chemical Company	6,200	$325K	0.3%	$49.71	—	COM	260543103
—	Avon Products Inc.	23,000	$290K	0.2%	$12.61	—	COM	054303102
VRA	Vera Bradley, Inc.	13,000	$269K	0.2%	$21.05	0.0%	COM	92335C106
AAPL	Apple Corp.	2,651	$267K	0.2%	$18.62	+16.1%	COM	037833100
—	Claymore Zachs Dividend ETF	10,200	$248K	0.2%	$24.31	—	COM	18383M506
—	Ingersoll-Rand Company	3,700	$209K	0.2%	$56.49	—	COM	G47791101
UPS	United Parcel Service	2,085	$205K	0.2%	$66.59	-0.4%	COM	911312106
—	General Electric	7,925	$203K	0.2%	$25.62	—	COM	369604103
GOGO	Gogo Inc.	10,700	$180K	0.1%	$17.23	-1.0%	COM	38046C109