Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MasterCard	60,710	$5.675M	4.5%	$70.66	+21.9%	COM	57636Q104
—	Johnson Controls Inc.	72,540	$3.593M	2.9%	$37.86	—	COM	478366107
—	Express Scripts Hldgs CO	38,550	$3.429M	2.7%	$70.84	—	COM	302182100
HAS	Hasbro Inc.	44,000	$3.291M	2.6%	$36.34	+38.6%	COM	418056107
—	EMC Corporation	121,898	$3.217M	2.6%	$29.26	—	COM	268648102
VTR	Ventas Inc.	48,800	$3.03M	2.4%	$42.95	+13.9%	COM	92276F100
ECL	Ecolab Inc.	26,600	$3.008M	2.4%	$75.00	+36.3%	COM	278865100
—	Dow Chemical Company	58,005	$2.968M	2.4%	$47.33	—	COM	260543103
SWK	Stanley Black & Decker	27,900	$2.936M	2.3%	$72.52	+7.0%	COM	854502101
PEP	PepsiCo Inc.	30,500	$2.847M	2.3%	$56.60	+22.5%	COM	713448108
CNI	Canadian Natl Railway	46,250	$2.671M	2.1%	$46.04	+12.0%	ADR	136375102
OXY	Occidental Petroleum	33,600	$2.613M	2.1%	$64.30	-11.6%	COM	674599105
—	Pentair LTD	38,000	$2.613M	2.1%	$65.48	—	ADR	709631105
UPS	United Parcel Service	26,336	$2.552M	2.0%	$69.70	-2.8%	COM	911312106
—	Bk. of Amer. Conv. Pfd.	2,280	$2.535M	2.0%	$1111.84	—	PFD	060505682
—	Tupperware Corp	37,750	$2.436M	1.9%	$69.04	—	COM	899896104
TMO	Thermo Fisher Scientific	18,200	$2.362M	1.9%	$90.17	+40.0%	COM	883556102
JPM	J.P. Morgan Chase & Co.	34,650	$2.348M	1.9%	$37.73	+30.2%	COM	46625H100
BA	Boeing Company	15,976	$2.216M	1.8%	$82.94	+55.3%	COM	097023105
QCOM	Qualcomm Inc	34,950	$2.189M	1.7%	$47.42	+6.1%	COM	747525103
CMI	Cummins Inc.	16,550	$2.171M	1.7%	$98.53	+4.4%	COM	231021106
—	Plum Creek Timber Co	51,600	$2.093M	1.7%	$39.39	—	COM	729251108
—	Tiffany & Co.	22,750	$2.088M	1.7%	$82.77	—	COM	886547108
TCBI	Texas Cap Bancshares Inc.	31,500	$1.961M	1.6%	$55.08	-0.6%	COM	88224Q107
—	ACE Ltd.	19,285	$1.961M	1.6%	$114.88	—	ADR	G0070K103
DVA	Davita Healthcare	24,600	$1.955M	1.6%	$76.74	+7.0%	COM	23918K108
UNP	Union Pacific Corp.	19,950	$1.903M	1.5%	$68.21	+20.2%	COM	907818108
IVZ	Invesco Ltd.	49,200	$1.845M	1.5%	$21.17	+17.7%	ADR	G491BT108
NVS	Novartis A G Spon ADR	17,850	$1.755M	1.4%	$85.38	—	ADR	66987V109
DE	Deere Company	18,050	$1.752M	1.4%	$68.47	+10.1%	COM	244199105
PG	Procter & Gamble	22,150	$1.733M	1.4%	$55.69	+7.7%	COM	742718109
GILD	Gilead Sciences Inc.	14,700	$1.721M	1.4%	$73.39	+3.5%	COM	375558103
—	Seagate Technology	35,850	$1.703M	1.4%	$56.52	—	ADR	G7945M107
—	Textainer Group Hldgs	65,000	$1.691M	1.3%	$23.26	—	ADR	G8766E109
—	Sinclair Broadcast Grp A	58,450	$1.631M	1.3%	$32.77	—	COM	829226109
JNJ	Johnson & Johnson	16,700	$1.628M	1.3%	$63.71	+16.9%	COM	478160104
—	Towers Watson & Company	12,900	$1.623M	1.3%	$125.81	—	COM	891894107
VLO	Valero Energy Corp New	25,750	$1.612M	1.3%	$33.12	+17.6%	COM	91913Y100
—	Coach, Inc.	45,950	$1.59M	1.3%	$37.43	—	COM	189754104
—	Transcanada Corp.	39,050	$1.586M	1.3%	$45.21	—	ADR	89353D107
PFE	Pfizer Inc.	45,800	$1.536M	1.2%	$17.18	+20.9%	COM	717081103
—	Sandisk Corp	25,901	$1.508M	1.2%	$58.22	—	COM	80004C101
SAP	SAP AG	21,400	$1.503M	1.2%	$73.51	—	ADR	803054204
SLB	Schlumberger Ltd.	17,400	$1.5M	1.2%	$60.60	+10.2%	COM	806857108
—	Google Inc Class A	2,725	$1.472M	1.2%	$566.65	—	COM	38259P706
—	Fresh Market Inc.	44,850	$1.441M	1.1%	$35.01	—	COM	35804H106
—	Eaton Corporation	20,400	$1.377M	1.1%	$63.38	—	ADR	278058102
CVS	CVS Health Corp.	12,850	$1.348M	1.1%	$74.44	+1.1%	COM	126650100
AKAM	Akamai Technologies	18,950	$1.323M	1.1%	$43.07	+72.3%	COM	00971T101
—	Hess Corporation	19,600	$1.311M	1.0%	$69.65	—	COM	42809H107
PRU	Prudential Financial Inc.	14,650	$1.282M	1.0%	$53.85	-1.1%	COM	744320102
TD	Toronto Dominion Bank	29,900	$1.271M	1.0%	$51.90	-13.7%	ADR	891160509
IDXX	Idexx Labs	18,800	$1.206M	1.0%	$61.04	+13.4%	COM	45168D104
—	Monsanto Co.	10,650	$1.135M	0.9%	$104.83	—	COM	61166W101
—	Triangle Capital	47,937	$1.124M	0.9%	$20.14	—	COM	895848109
—	Cerner Corp	16,100	$1.112M	0.9%	$71.40	—	COM	156782104
ALGN	Align Technology, Inc.	15,750	$988K	0.8%	$59.07	0.0%	COM	016255101
SPY	SPDR S&P 500 Index	4,553	$937K	0.7%	$173.28	—	COM	78462F103
EBAY	Ebay, Inc.	15,150	$913K	0.7%	$19.80	+12.2%	COM	278642103
STLD	Steel Dynamics, Inc.	38,500	$798K	0.6%	$17.12	+0.2%	COM	858119100
—	Potash Corp.	24,500	$759K	0.6%	$34.56	—	ADR	73755L107
—	Blackrock Inc.	2,100	$727K	0.6%	$328.18	—	COM	09247X101
TDC	Teradata Corp	16,650	$616K	0.5%	$43.04	-4.4%	COM	88076W103
—	Google Inc Class C	1,030	$536K	0.4%	$548.11	—	COM	38259P508
IJR	iShares S&P Smallcap 600	4,180	$493K	0.4%	$97.97	—	COM	464287804
UAA	Under Armour Inc.	5,500	$459K	0.4%	$22.34	+81.1%	COM	904311107
FBIN	Fortune Brands Home & Security	9,700	$444K	0.4%	$33.63	0.0%	COM	34964C106
FELE	Franklin Electric	11,300	$365K	0.3%	$31.89	+0.4%	COM	353514102
—	Tumi Holdings Inc	17,700	$363K	0.3%	$22.46	—	COM	89969Q104
AAPL	Apple Corp.	2,653	$333K	0.3%	$18.62	+53.3%	COM	037833100
GOGO	Gogo Inc.	14,900	$319K	0.3%	$17.31	+23.3%	COM	38046C109
CVX	Chevrontexaco Corp	2,981	$288K	0.2%	$73.76	-9.9%	COM	166764100
VHT	Vanguard Health Care ETF	1,781	$249K	0.2%	$125.96	—	COM	92204A504