Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	90,588	$9.999M	6.0%	$17.48	+37.8%	COM	037833100
IBB	ISHARES NASDAQ BIOTECH INDX	28,609	$8.679M	5.2%	$180.15	—	COM	464287556
—	UNITED TECHNOLOGIES	58,856	$6.768M	4.0%	$103.54	—	COM	913017109
VZ	VERIZON COMMUNICATIONS	141,296	$6.61M	4.0%	$26.52	+4.3%	COM	92343V104
—	GENERAL ELECTRIC CO	255,886	$6.466M	3.9%	$23.38	—	COM	369604103
INTC	INTEL CORP	165,591	$6.009M	3.6%	$18.98	+40.3%	COM	458140100
MO	ALTRIA GROUP INC	121,919	$6.007M	3.6%	$16.67	+42.5%	COM	02209S103
GLW	CORNING INC	253,373	$5.81M	3.5%	$10.49	+44.9%	COM	219350105
AMZN	AMAZON COM INC	18,329	$5.688M	3.4%	$13.69	+13.8%	COM	023135106
SSYS	STRATASYS LTD	61,000	$5.07M	3.0%	$108.85	-6.0%	COM	M85548101
CMI	CUMMINS INC	34,230	$4.935M	3.0%	$105.42	-0.8%	COM	231021106
—	EMC CORP	162,610	$4.836M	2.9%	$23.70	—	COM	268648102
GS	GOLDMAN SACHS GROUP INC	24,821	$4.811M	2.9%	$121.23	+24.4%	COM	38141G104
—	INFINERA CORP	300,550	$4.424M	2.6%	$9.78	—	COM	45667G103
—	ELMIRA SAVINGS BANK	181,062	$4.164M	2.5%	$21.77	—	COM	289660102
QCOM	QUALCOMM INC	55,368	$4.116M	2.5%	$45.57	+17.1%	COM	747525103
UNP	UNION PACIFIC CORP	34,530	$4.114M	2.5%	$65.15	+37.3%	COM	907818108
PEP	PEPSICO INC	42,698	$4.038M	2.4%	$56.00	+22.5%	COM	713448108
CVX	CHEVRON CORP	33,898	$3.803M	2.3%	$71.91	-1.9%	COM	166764100
ISRG	INTUITIVE SURGICAL	7,175	$3.795M	2.3%	$51.06	+9.1%	COM	46120E602
SBUX	STARBUCKS CORP	45,440	$3.728M	2.2%	$28.70	+8.9%	COM	855244109
—	PRECISION CASTPARTS CORP	14,425	$3.475M	2.1%	$230.71	—	COM	740189105
—	CHICAGO BRIDGE AND IRON CO	81,483	$3.421M	2.0%	$67.57	—	COM	167250109
XOM	EXXON MOBIL CORP	36,540	$3.378M	2.0%	$55.89	+3.8%	COM	30231G102
PFF	ISHARES S&P U.S. PREFERRED STO	85,316	$3.365M	2.0%	$39.05	—	COM	464288687
SLB	SCHLUMBERGER LTD	39,212	$3.349M	2.0%	$54.02	+24.7%	COM	806857108
PG	PROCTER & GAMBLE	33,976	$3.095M	1.9%	$56.51	+14.3%	COM	742718109
CIEN	CIENA CORP	131,490	$2.552M	1.5%	$21.91	-23.8%	COM	171779309
—	U S X - MARATHON GROUP	87,836	$2.485M	1.5%	$28.29	—	COM	902950827
CMP	COMPASS MINERALS INTERNATION I	28,290	$2.456M	1.5%	$62.83	-3.2%	COM	20451N101
—	CONSTANT CONTACT INC	66,700	$2.448M	1.5%	$24.55	—	COM	210313102
XLE	SECTOR SPDR ENERGY SELECT SHAR	30,775	$2.436M	1.5%	$79.16	—	COM	81369Y506
DVN	DEVON ENERGY CORP	39,775	$2.435M	1.5%	$37.00	+11.2%	COM	25179M103
—	ANSYS INC	28,730	$2.356M	1.4%	$75.69	—	COM	03662Q105
—	STANDARD PACIFIC CORP	276,100	$2.013M	1.2%	$7.91	—	COM	85375C101
—	CREE INC	57,725	$1.86M	1.1%	$51.67	—	COM	225447101
ANIK	ANIKA THERAPEUTICS INC	41,550	$1.693M	1.0%	$43.21	-9.5%	COM	035255108
IBM	INTL BUSINESS MACHINES	10,017	$1.607M	1.0%	$116.61	-13.8%	COM	459200101
PM	PHILIP MORRIS INTERNATIONAL IN	17,923	$1.46M	0.9%	$49.85	-1.3%	COM	718172109
—	GUGGENHEIM S&P 500 EQUAL WT CO	11,960	$1.06M	0.6%	$88.63	—	COM	78355W882
KO	COCA-COLA CO	18,423	$778K	0.5%	$27.85	+7.9%	COM	191216100
XLU	UTILITIES SELECT SECTOR SPDR	14,061	$664K	0.4%	$37.61	—	COM	81369Y886
—	MEDTRONIC INC	8,726	$630K	0.4%	$51.49	—	COM	585055106
MDLZ	MONDELEZ INTERNATIONAL INC	16,525	$600K	0.4%	$23.16	+22.7%	COM	609207105
—	ROYAL DUTCH SHELL B ADR	8,234	$573K	0.3%	$66.23	—	COM	780259107
—	AIRGAS INC	4,535	$522K	0.3%	$110.69	—	COM	009363102
TGT	TARGET CORP	6,725	$510K	0.3%	$47.95	+1.3%	COM	87612E106
MSFT	MICROSOFT CORP	9,148	$425K	0.3%	$26.96	+47.9%	COM	594918104
JNJ	JOHNSON & JOHNSON	3,472	$363K	0.2%	$60.01	+28.8%	COM	478160104
—	ISHARES TR COMEX GOLD	28,069	$321K	0.2%	$11.99	—	COM	464285105
—	KRAFT FOODS GROUP	4,794	$300K	0.2%	$55.83	—	COM	50076Q106
BOND	PIMCO TOTAL RETURN ETF	2,200	$236K	0.1%	$105.54	—	COM	72201R775
DIS	WALT DISNEY CO	2,289	$216K	0.1%	$81.30	0.0%	COM	254687106
MRK	MERCK & CO INC	3,626	$206K	0.1%	$35.87	+9.7%	COM	58933Y105