Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WFC	Wells Fargo & Company	650,688	$35.86M	2.4%	$55.11 *	$30.12	+42.4%	COM	949746101
—	Facebook Inc	297,663	$34.25M	2.3%	$115.05	$113.04	—	COM	30303m102
—	Verizon Communications Inc	599,037	$31.98M	2.2%	$53.38	$49.94	—	COM	92343v104
AAPL	Apple Inc	261,815	$30.32M	2.0%	$115.82 *	$19.68	+35.7%	COM	037833100
CVX	Chevron Corp	254,157	$29.91M	2.0%	$117.70 *	$70.86	+13.1%	COM	166764100
JNJ	Johnson & Johnson	254,199	$29.29M	2.0%	$115.21 *	$64.52	+39.2%	COM	478160104
PG	Procter & Gamble Co	298,784	$25.12M	1.7%	$84.08 *	$56.87	+16.0%	COM	742718109
—	General Electric Co	778,798	$24.61M	1.7%	$31.60	$24.35	—	COM	369604103
MSFT	Microsoft Corp	317,512	$19.73M	1.3%	$62.14 *	$36.28	+54.1%	COM	594918104
—	3M Company	104,114	$18.59M	1.3%	$178.57	$128.55	—	COM	88579y101
DIS	Disney Co./Walt The	176,407	$18.39M	1.2%	$104.22 *	$80.25	+21.5%	COM	254687106
COST	Costco Wholesale Corp	114,348	$18.31M	1.2%	$160.11 *	$96.49	+41.2%	COM	22160K105
ADP	Automatic Data Processing	177,327	$18.23M	1.2%	$102.78 *	$57.26	+48.3%	COM	053015103
BMY	Bristol-Myers Squibb Co	295,396	$17.26M	1.2%	$58.44 *	$31.46	+34.4%	COM	110122108
—	Wells Fargo 7.5 Cnv@$156 $100	13,646	$16.24M	1.1%	$1190.02	$1204.56	—	PFD	949746804
KMB	Kimberly-Clark Corp	137,528	$15.7M	1.1%	$114.12 *	$71.69	+16.6%	COM	494368103
VTI	Vanguard Total Stock Market	134,435	$15.5M	1.0%	$115.32	$90.48	+27.5%	COM	922908769
INTC	Intel Corp	409,492	$14.85M	1.0%	$36.27 *	$17.99	+64.6%	COM	458140100
—	SPDR Energy Select Sector	196,343	$14.79M	1.0%	$75.32	$64.23	—	COM	81369y506
—	Crown Castle Intl Corp	161,622	$14.02M	0.9%	$86.77	$83.04	—	COM	22822v101
—	Waste Management Inc	196,093	$13.9M	0.9%	$70.91	$45.29	—	COM	94106l109
—	NextEra Energy Inc	110,394	$13.19M	0.9%	$119.46	$87.04	—	COM	65339f101
CLX	Clorox Company	106,571	$12.79M	0.9%	$120.02 *	$67.79	+36.6%	COM	189054109
—	SPDR S&P Dividend	142,612	$12.2M	0.8%	$85.56	$71.15	—	COM	78464a763
MCD	McDonald's Corp	99,428	$12.1M	0.8%	$121.72 *	$72.19	+36.2%	COM	580135101
HD	Home Depot Inc	89,519	$12M	0.8%	$134.08 *	$70.66	+52.7%	COM	437076102
XOM	Exxon Mobil Corp	132,344	$11.95M	0.8%	$90.26 *	$54.39	+10.9%	COM	30231G102
—	PowerShares Preferred Portfoli	838,334	$11.93M	0.8%	$14.23	$14.57	—	COM	73936t565
—	Walgreens Boots Alliance Inc	141,145	$11.68M	0.8%	$82.76	$76.99	—	COM	931427108
JPM	JPMorgan Chase & Co	132,714	$11.45M	0.8%	$86.29 *	$38.73	+75.0%	COM	46625H100
ECL	Ecolab Inc	96,383	$11.3M	0.8%	$117.22 *	$87.65	+21.4%	COM	278865100
O	Realty Income Corp	193,719	$11.13M	0.7%	$57.48 *	$25.98	+39.8%	COM	756109104
—	SPDR S&P MidCap 400 ETF Trust	36,841	$11.12M	0.7%	$301.73	$242.22	—	COM	78467y107
—	Altria Group Inc	163,144	$11.03M	0.7%	$67.62	$37.75	—	COM	02209s103
—	AbbVie Inc	160,963	$10.08M	0.7%	$62.62	$45.66	—	COM	00287y109
EIX	Edison International	139,049	$10.01M	0.7%	$71.99 *	$37.35	+33.0%	COM	281020107
—	SPDR Technology Select Sector	201,782	$9.758M	0.7%	$48.36	$36.52	—	COM	81369y803
—	Comcast Corp-Cl A	136,962	$9.457M	0.6%	$69.05	$51.89	—	COM	20030n101
PFE	Pfizer Inc	285,719	$9.28M	0.6%	$32.48 *	$17.22	+20.7%	COM	717081103
UPS	United Parcel Service-Cl B	80,811	$9.264M	0.6%	$114.64 *	$61.58	+33.0%	COM	911312106
—	AT&T Inc	213,668	$9.087M	0.6%	$42.53	$35.91	—	COM	00206r102
—	Wells Fargo 8.00 Prp Cl12/17	342,342	$9.048M	0.6%	$26.43	$28.85	—	PFD	949746879
PEP	PepsiCo Inc	86,427	$9.043M	0.6%	$104.63 *	$58.60	+36.0%	COM	713448108
PFF	iShares S&P US Preferred Stock	241,274	$8.978M	0.6%	$37.21	$40.03	-7.0%	COM	464288687
CL	Colgate-Palmolive Co	133,143	$8.713M	0.6%	$65.44 *	$47.90	+10.5%	COM	194162103
BAC	Bank of America Corp	393,717	$8.701M	0.6%	$22.10 *	$11.93	+51.1%	COM	060505104
—	Merck & Co. Inc.	146,976	$8.652M	0.6%	$58.87	$50.03	—	COM	58933y105
—	Target Corp	115,927	$8.373M	0.6%	$72.23	$70.02	—	COM	87612e106
NKE	Nike Inc -Cl B	161,949	$8.232M	0.6%	$50.83 *	$43.40	+4.3%	COM	654106103
—	Citigroup 7.125 Flt Aftr 9/23	291,426	$8.154M	0.5%	$27.98	$26.75	—	PFD	172967358
—	Du Pont (E.I.) De Nemours	110,393	$8.103M	0.5%	$73.40	$58.43	—	COM	263534109
ABT	Abbott Laboratories	210,728	$8.094M	0.5%	$38.41 *	$29.48	+10.7%	COM	002824100
—	SPDR S&P 500 Index Trust Serie	33,463	$7.48M	0.5%	$223.53	$172.08	—	COM	78462f103
DVY	iShares DJ Select Dividend Ind	82,780	$7.332M	0.5%	$88.57	$65.83	+34.6%	COM	464287168
—	Aspen Insurance 7.25 Call07/2	287,842	$7.32M	0.5%	$25.43	$25.72	—	PFD	g05384147
VNO	Vornado Realty Trust	68,803	$7.181M	0.5%	$104.37	$89.61	—	COM	929042109
SCHD	Schwab US Dividend Equity ETF	164,554	$7.17M	0.5%	$43.57 *	$13.10	+10.9%	COM	808524797
—	CHS Chemical 7.50 Cl 1/2025 C	258,767	$7.023M	0.5%	$27.14	$27.61	—	PFD	12542r803
—	Alphabet Inc-Cl A	8,848	$7.012M	0.5%	$792.50	$693.10	—	COM	02079k305
—	SPDR Consumer Discretionary Se	85,034	$6.922M	0.5%	$81.40	$67.26	—	COM	81369y407
OXY	Occidental Petroleum Corp	96,492	$6.873M	0.5%	$71.23 *	$57.86	-3.9%	COM	674599105
SBUX	Starbucks Corp	123,471	$6.855M	0.5%	$55.52 *	$38.40	+19.2%	COM	855244109
—	Partner Re 7.25 Call 06/21 BB	242,293	$6.612M	0.4%	$27.29	$29.77	—	PFD	g68603144
COP	ConocoPhillips	128,897	$6.463M	0.4%	$50.14 *	$41.45	-8.7%	COM	20825C104
—	SPDR Health Care Select Sector	93,555	$6.45M	0.4%	$68.94	$58.41	—	COM	81369y209
GPC	Genuine Parts Co	67,487	$6.448M	0.4%	$95.54 *	$59.72	+23.2%	COM	372460105
APD	Air Products & Chemicals Inc	44,617	$6.417M	0.4%	$143.82 *	$77.60	+48.7%	COM	009158106
GIS	General Mills Inc	101,629	$6.278M	0.4%	$61.77 *	$33.11	+35.2%	COM	370334104
—	Medtronic PLC	87,522	$6.234M	0.4%	$71.23	$77.55	—	COM	g5960l103
HON	Honeywell International Inc	50,941	$5.902M	0.4%	$115.86 *	$56.13	+54.8%	COM	438516106
—	BancOfCalifornia 7.375 Ca2020	224,982	$5.71M	0.4%	$25.38	$25.82	—	PFD	05990k882
—	SPDR Industrial Select Sector	91,734	$5.708M	0.4%	$62.22	$50.12	—	COM	81369y704
SWK	Stanley Black & Decker Inc	48,280	$5.537M	0.4%	$114.69 *	$60.86	+48.5%	COM	854502101
TD	Toronto Dominion Bank	110,154	$5.435M	0.4%	$49.34	$44.04	+12.0%	COM	891160509
—	Wachovia (WFC) Perp/Call 2/11	5,495,000	$5.364M	0.4%	$0.98	$0.98	—	PFD	92978AAA0
—	HCP Inc REIT	177,601	$5.278M	0.4%	$29.72	$41.80	—	COM	40414l109
KO	Coca-Cola Co/The	126,130	$5.229M	0.4%	$41.46 *	$28.27	+10.6%	COM	191216100
—	Morgan Stanley 7.125Flt Aftr1	185,078	$5.206M	0.4%	$28.13	$27.80	—	PFD	61762v200
—	WEC Energy Group Inc	88,632	$5.198M	0.3%	$58.65	$44.97	—	COM	92939u106
IBB	iShares Nasdaq Biotech Index F	19,573	$5.194M	0.3%	$265.37 *	$95.90	-7.8%	COM	464287556
WMB	Williams Cos Inc	161,190	$5.019M	0.3%	$31.14 *	$19.83	-2.9%	COM	969457100
—	First Republic 7.0 Cl 12/18 B	184,010	$5.007M	0.3%	$27.21	$27.07	—	PFD	33616c860
—	Alphabet Inc-Cl C	6,486	$5.006M	0.3%	$771.82	$649.99	—	COM	02079k107
LMT	Lockheed Martin Corp	19,797	$4.948M	0.3%	$249.94 *	$148.15	+32.8%	COM	539830109
—	Kinder Morgan Inc	236,633	$4.901M	0.3%	$20.71	$36.19	—	COM	49456b101
—	SPDR Consumer Staples Select S	94,567	$4.89M	0.3%	$51.71	$43.29	—	COM	81369y308
—	Chesapeake Lodging 7.75 PerpC	189,019	$4.799M	0.3%	$25.39	$25.80	—	PFD	165240201
LLY	Eli Lilly & Co	64,025	$4.709M	0.3%	$73.55 *	$49.53	+28.4%	COM	532457108
—	Spectra Energy Corp	114,092	$4.688M	0.3%	$41.09	$32.58	—	COM	847560109
IBM	Intl Business Machines Corp	28,119	$4.667M	0.3%	$165.97 *	$117.43	-8.3%	COM	459200101
—	BGC Partners 8.125 2042 Call	173,104	$4.449M	0.3%	$25.70	$26.89	—	PFD	05541t408
—	SPDR Financial Select Sector	191,240	$4.446M	0.3%	$23.25	$22.75	—	COM	81369y605
CVS	CVS Health Corp	56,204	$4.435M	0.3%	$78.91 *	$51.92	+14.8%	COM	126650100
—	SVB Financial Group	25,000	$4.292M	0.3%	$171.68	$99.45	—	COM	78486q101
CSCO	Cisco Systems Inc	140,342	$4.241M	0.3%	$30.22 *	$16.26	+40.5%	COM	17275R102
ABBNY	ABB Ltd-Spon ADR	198,614	$4.185M	0.3%	$21.07 *	$21.23	-4.7%	COM	000375204
—	Accenture PLC-Cl A	35,549	$4.164M	0.3%	$117.13	$74.11	—	COM	g1151c101
—	KKR Financial 7.50 SrNts Call	162,599	$4.124M	0.3%	$25.36	$26.61	—	PFD	48248a504
DHR	Danaher Corp	52,408	$4.079M	0.3%	$77.83 *	$26.71	+147.3%	COM	235851102
NSRGY	Nestle Sa-Spons ADR For Reg	56,809	$4.075M	0.3%	$71.73	$70.25	+2.1%	COM	641069406
—	National General 7.5 QDI NA C	159,952	$3.997M	0.3%	$24.99	$25.56	—	PFD	636220857
WSM	Williams-Sonoma Inc	81,395	$3.939M	0.3%	$48.39 *	$24.02	-18.6%	COM	969904101
BRK/B	Berkshire Hathaway Inc-Cl B	23,642	$3.853M	0.3%	$162.97	$119.35	+36.6%	COM	084670702
—	Powershares QQQ NASDAQ 100 Tru	32,200	$3.815M	0.3%	$118.48	$90.15	—	COM	73935a104
—	Oracle Corp	98,524	$3.788M	0.3%	$38.45	$35.19	—	COM	68389x105
USB	U S Bancorp	73,565	$3.779M	0.3%	$51.37 *	$28.16	+30.2%	COM	902973304
—	Amtrust Financial 7.625CUM QD	149,832	$3.767M	0.3%	$25.14	$25.22	—	PFD	032359705
MAR	Marriott International-Cl A	45,418	$3.755M	0.3%	$82.68 *	$69.13	+10.5%	COM	571903202
LOW	Lowe's Cos Inc	52,502	$3.734M	0.3%	$71.12 *	$33.34	+80.4%	COM	548661107
—	Preferred Apartment Communitie	248,900	$3.711M	0.2%	$14.91	$9.13	—	COM	74039l103
—	Unilever N V -NY Shares	87,818	$3.606M	0.2%	$41.06	$40.22	—	COM	904784709
—	Whole Foods Market Inc	114,722	$3.529M	0.2%	$30.76	$50.19	—	COM	966837106
—	United Technologies Corp	31,795	$3.485M	0.2%	$109.61	$96.66	—	COM	913017109
MS	Morgan Stanley	81,913	$3.461M	0.2%	$42.25 *	$25.01	+30.4%	COM	617446448
—	Travelers Cos Inc/The	28,202	$3.452M	0.2%	$122.40	$81.46	—	COM	89417e109
KHC	Kraft Heinz Co/The	39,317	$3.433M	0.2%	$87.32 *	$49.59	+16.8%	COM	500754106
RHHBY	Roche Holdings LTD-Spons ADR	118,400	$3.378M	0.2%	$28.53	$34.59	-17.5%	COM	771195104
SRE	Sempra Energy	33,053	$3.326M	0.2%	$100.63 *	$34.30	+10.3%	COM	816851109
—	TravelCenters America 8.00SrN	124,475	$3.15M	0.2%	$25.31	$25.37	—	PFD	894174309
—	Bank of America $1000pv 7.25	2,676	$3.122M	0.2%	$1166.67	$1205.43	—	PFD	060505682
—	Quest USWestSnNotes 6.875 CL	127,450	$3.084M	0.2%	$24.20	$25.57	—	PFD	74913g105
—	Time Warner Inc	31,682	$3.058M	0.2%	$96.52	$77.73	—	COM	887317303
VYM	Vanguard High Div Yield	40,122	$3.04M	0.2%	$75.77	$64.29	+17.9%	COM	921946406
—	National General Ins7.50Call4	121,508	$3.015M	0.2%	$24.81	$24.94	—	PFD	636220808
BDX	Becton Dickinson & Co	17,905	$2.964M	0.2%	$165.54 *	$111.35	+26.9%	COM	075887109
—	Bank of America 6.625 Prp/Cl	114,744	$2.95M	0.2%	$25.71	$26.03	—	PFD	060505344
CAT	Caterpillar Inc	31,803	$2.949M	0.2%	$92.73 *	$63.86	+18.4%	COM	149123101
—	CenturyLink Quest 7.0SnNts Cl	117,728	$2.889M	0.2%	$24.54	$25.89	—	PFD	74913g501
—	Summit Hotel 7.875 Perp CUM C	111,301	$2.865M	0.2%	$25.74	$25.92	—	PFD	866082308
GD	General Dynamics Corp	16,574	$2.862M	0.2%	$172.68 *	$60.48	+134.1%	COM	369550108
—	Chubb Ltd (new)	21,619	$2.856M	0.2%	$132.11	$119.31	—	COM	h1467j104
—	Amtrust Financial 7.5 QDI Cal	112,621	$2.84M	0.2%	$25.22	$25.24	—	PFD	032359887
—	AEGON 8.00 2042 Notes Call 08	108,126	$2.817M	0.2%	$26.05	$28.45	—	PFD	007924608
WHR	Whirlpool Corp	15,500	$2.817M	0.2%	$181.74	$126.17	+44.1%	COM	963320106
—	BancOfCalifornia 8.00 Cal2018	108,320	$2.797M	0.2%	$25.82	$26.29	—	PFD	05990k403
FRCB	First Republic Bank/San Franci	29,646	$2.732M	0.2%	$92.15 *	$71.87	+22.8%	COM	33616C100
—	BCE Inc	63,141	$2.73M	0.2%	$43.24	$42.88	—	COM	05534b760
—	CBS Corp-Class B	42,825	$2.725M	0.2%	$63.63	$63.63	—	COM	124857202
—	JPMorgan 7.9 Perp/Call 4/18 -	2,590,000	$2.687M	0.2%	$1.04	$1.11	—	PFD	46625HHA1
—	HSBC Hldgs 8.0 Prp Cl 12/15 B	102,130	$2.635M	0.2%	$25.80	$27.07	—	PFD	404280802
—	Visa Inc-Class A Shares	33,276	$2.596M	0.2%	$78.01	$80.68	—	COM	92826c839
MDLZ	Mondelez International	58,483	$2.593M	0.2%	$44.34 *	$24.15	+48.6%	COM	609207105
—	Gladstone Commercial 7.00 CUM	102,035	$2.576M	0.2%	$25.25	$25.37	—	PFD	376536603
—	National General Ins7.50Call7	102,532	$2.572M	0.2%	$25.08	$24.93	—	PFD	636220709
PEG	Public Service Enterprise Grou	58,351	$2.56M	0.2%	$43.87 *	$24.31	+32.8%	COM	744573106
VO	Vanguard Mid-Cap	19,290	$2.539M	0.2%	$131.62 *	$23.96	+37.3%	COM	922908629
—	Cerner Corp	52,761	$2.499M	0.2%	$47.36	$67.34	—	COM	156782104
PM	Philip Morris International	27,153	$2.484M	0.2%	$91.48 *	$51.28	+13.2%	COM	718172109
ELV	Anthem Inc	17,114	$2.46M	0.2%	$143.74 *	$107.20	+19.1%	COM	036752103
—	Novartis Ag-ADR	33,682	$2.453M	0.2%	$72.83	$73.41	—	COM	66987v109
—	GE Cap Corp 5.00 Perp/Call 1/	2,317,000	$2.41M	0.2%	$1.04	$1.03	—	PFD	369604BQ5
—	Praxair Inc	20,485	$2.401M	0.2%	$117.21	$118.71	—	COM	74005p104
AMGN	Amgen Inc	16,176	$2.365M	0.2%	$146.20 *	$84.93	+31.3%	COM	031162100
—	JPMorgan 6.0 Perp/Call 8/23 -	2,350,000	$2.359M	0.2%	$1.00	$1.00	—	PFD	48126HAA8
—	Ingersoll-Rand PLC	31,318	$2.35M	0.2%	$75.04	$65.13	—	COM	g47791101
MKC	McCormick & Co-Non Votung Shrs	25,160	$2.348M	0.2%	$93.32 *	$29.12	+35.4%	COM	579780206
—	Quest USWestSnNote7.5 2051 Cl	89,824	$2.25M	0.2%	$25.05	$26.06	—	PFD	74913g303
—	Sotherly Hotels 8 Cum Perp C	87,951	$2.24M	0.2%	$25.47	$26.01	—	PFD	83600c301
—	Qwest Corp 6.5 Sr Note 9/56 C	97,640	$2.231M	0.2%	$22.85	$25.76	—	PFD	74913g881
UNP	Union Pacific Corp	21,485	$2.228M	0.1%	$103.70 *	$76.99	+10.4%	COM	907818108
—	First Republic Bank 6.70 Cal	87,879	$2.206M	0.1%	$25.10	$25.89	—	PFD	33616c209
—	Zimmer Biomet Holdings Inc	21,284	$2.197M	0.1%	$103.22	$94.00	—	COM	98956p102
—	AON Cap 8.205 1/27 Non-Call B	67,444	$2.162M	0.1%	$32.06	$29.74	—	PFD	22532r101
—	Telephone & Data 6.875 Cl 11/	87,075	$2.156M	0.1%	$24.76	$25.58	—	PFD	879433845
—	Digital Realty 7.375 Perp CUM	79,288	$2.153M	0.1%	$27.15	$27.11	—	PFD	253868871
TM	Toyota Motor Corp -Spon ADR	18,070	$2.118M	0.1%	$117.21	$115.85	+1.2%	COM	892331307
VB	Vanguard Small-Cap Vipers	16,398	$2.115M	0.1%	$128.98	$93.55	+37.8%	COM	922908751
—	Costamare 8.50 CUM QDI Perp C	97,349	$2.11M	0.1%	$21.67	$25.48	—	PFD	y1771g128
—	Salesforce.Com Inc	30,279	$2.073M	0.1%	$68.46	$66.86	—	COM	79466l302
BA	Boeing Co	13,261	$2.064M	0.1%	$155.64 *	$93.43	+54.5%	COM	097023105
—	CenterPoint Energy Inc	83,598	$2.06M	0.1%	$24.64	$23.78	—	COM	15189t107
—	Maiden Hldgs 8.00rSNts 2042 c	80,726	$2.05M	0.1%	$25.39	$25.76	—	PFD	56029q309
—	Varian Medical Systems Inc	22,668	$2.035M	0.1%	$89.77	$75.68	—	COM	92220P105
—	Quest USWest 7.0 SrNts 2056 2	80,450	$2.023M	0.1%	$25.15	$26.01	—	PFD	74913g808
—	BlueRock Residential Growth 8.	77,535	$2.02M	0.1%	$26.05	$25.44	—	PFD	09627j508
—	Discover Financial 6.50Perp Q	78,190	$2.008M	0.1%	$25.68	$25.17	—	PFD	254709207
—	First Trust Mid Cap Growth Alp	62,763	$1.97M	0.1%	$31.39	$30.14	—	COM	33737m102
OEF	iShares S&P 100 Index Fund	19,680	$1.954M	0.1%	$99.29	$81.82	+21.4%	COM	464287101
—	EaglePoint Credit 7.752022 CU	75,678	$1.948M	0.1%	$25.74	$25.26	—	PFD	269809109
—	Laboratory Corp Of Amer Hldgs	15,110	$1.94M	0.1%	$128.39	$102.44	—	COM	50540r409
—	Maiden Holdings 8.25Prp Cl8/2	74,837	$1.934M	0.1%	$25.84	$26.31	—	PFD	g5753u120
SO	Southern Co	38,216	$1.88M	0.1%	$49.19 *	$26.60	+27.1%	COM	842587107
—	Amtrust Financial 7.75 QDI Ca	73,302	$1.871M	0.1%	$25.52	$25.79	—	PFD	032359846
—	Argo Group 6.5 Sr Notes Call	74,613	$1.863M	0.1%	$24.97	$25.17	—	PFD	040130205
—	National General Ins7.625 Cal	74,159	$1.857M	0.1%	$25.04	$24.23	—	PFD	636220873
—	US Cellular 7.25 SrNts12/2064	72,452	$1.855M	0.1%	$25.60	$25.51	—	PFD	911684603
—	Charles Schwab 7 Perp/Call 2/	1,632,000	$1.844M	0.1%	$1.13	$1.12	—	PFD	808513AE5
—	Goldman 5.5 Flt Aftr 5/23 Cl	72,604	$1.841M	0.1%	$25.36	$24.49	—	PFD	38145g308
EMR	Emerson Electric Co	32,997	$1.84M	0.1%	$55.76 *	$40.76	+9.4%	COM	291011104
—	Global Indemnity SrNts7.75 Ca	73,060	$1.827M	0.1%	$25.01	$25.76	—	PFD	g3933f121
—	SL Green Realty 6.5 Perp CUM	71,847	$1.792M	0.1%	$24.94	$24.66	—	PFD	78440x507
UNH	UnitedHealth Group Inc	11,191	$1.791M	0.1%	$160.04 *	$68.49	+102.5%	COM	91324P102
SCHB	Schwab US Broad Market ETF	32,674	$1.77M	0.1%	$54.17 *	$6.91	+30.7%	COM	808524102
SCHX	Schwab US Large-Cap ETF	32,729	$1.743M	0.1%	$53.26 *	$7.90	+12.4%	COM	808524201
PANW	Palo Alto Networks	13,920	$1.741M	0.1%	$125.07 *	$23.11	-9.8%	COM	697435105
—	SPDR Materials Select Sector	34,607	$1.72M	0.1%	$49.70	$44.82	—	COM	81369y100
—	Sanofi-ADR	42,391	$1.714M	0.1%	$40.43	$50.65	—	COM	80105n105
—	JPMorgan Chase 6.70Perp/Call	63,611	$1.709M	0.1%	$26.87	$25.99	—	PFD	48127a161
—	Johnson Controls Intl PLC	41,108	$1.693M	0.1%	$41.18	$45.70	—	COM	g51502105
—	LaSalle Hotel 7.50 Perp CUM C	67,451	$1.69M	0.1%	$25.06	$25.86	—	PFD	517942702
—	Corporate Office Prop 7.375 C	65,959	$1.666M	0.1%	$25.26	$25.65	—	PFD	22002t884
IYT	iShares DJ US Transport Index	10,120	$1.648M	0.1%	$162.85 *	$37.59	+8.3%	COM	464287192
—	SPDR Gold Trust	14,703	$1.612M	0.1%	$109.64	$114.40	—	COM	78463v107
—	Ashford Hospitality 7.375 NR	67,548	$1.612M	0.1%	$23.86	$25.66	—	PFD	044103604
—	Unilever Plc-Sponsored ADR	39,435	$1.605M	0.1%	$40.70	$40.67	—	COM	904767704
—	Seaspan 8.25 Perp CUM QDI Cal	76,134	$1.56M	0.1%	$20.49	$25.17	—	PFD	y75638133
IJH	iShares S&P Midcap 400	9,438	$1.56M	0.1%	$165.29 *	$23.95	+38.1%	COM	464287507
—	Capital One Finl 6.7Prp Call	57,315	$1.488M	0.1%	$25.96	$26.33	—	PFD	14040h709
FDL	First Trust Morningstar Divide	53,493	$1.485M	0.1%	$27.76	$21.09	+31.6%	COM	336917109
AXP	American Express Co	19,794	$1.466M	0.1%	$74.06 *	$62.01	+5.2%	COM	025816109
PCAR	Paccar Inc	22,555	$1.441M	0.1%	$63.89 *	$23.34	+29.8%	COM	693718108
—	TravelCenters SnNotes 8 10/20	57,125	$1.432M	0.1%	$25.07	$24.61	—	PFD	894174408
GILD	Gilead Sciences Inc	19,900	$1.425M	0.1%	$71.61 *	$54.77	-6.0%	COM	375558103
WMT	Wal-Mart Stores Inc	20,538	$1.42M	0.1%	$69.14 *	$19.72	+0.2%	COM	931142103
—	Cowen 8.25 Senior Notes Due 1	53,606	$1.378M	0.1%	$25.71	$26.09	—	PFD	223622309
SCHM	Schwab US Mid-Cap ETF	29,963	$1.353M	0.1%	$45.16 *	$13.08	+15.1%	COM	808524508
—	GaslLog Ltd 8.75 Ser A CUM QD	53,411	$1.342M	0.1%	$25.13	$24.59	—	PFD	g37585117
—	Prospect Captl 6.25 6/24 SrNt	53,050	$1.332M	0.1%	$25.11	$25.32	—	PFD	74348t300
—	Biogen Inc	4,635	$1.314M	0.1%	$283.50	$239.60	—	COM	09062x103
—	Investors REIT 7.95 Perp CUM	51,659	$1.311M	0.1%	$25.38	$25.87	—	PFD	461730301
—	NuStar Logistics 7.625Nts Cl	50,525	$1.304M	0.1%	$25.81	$25.75	—	PFD	67059t204
—	Quest USWest SnNotes 7.0 2052	52,600	$1.299M	0.1%	$24.70	$25.87	—	PFD	74913G402
—	Hanover Insurance6.35 Cl3/18	51,565	$1.289M	0.1%	$25.00	$25.03	—	PFD	410867204
—	BancOfCalifornia 7.00 Cal2021	51,475	$1.28M	0.1%	$24.87	$25.99	—	PFD	05990k874
DE	Deere & Co	12,298	$1.267M	0.1%	$103.02 *	$67.83	+32.3%	COM	244199105
—	Dynagas LNG 9.0 QDI CUM cl 2	50,081	$1.266M	0.1%	$25.28	$17.41	—	PFD	Y2188b116
—	Hartford Finl 7.875 2042 call	42,619	$1.263M	0.1%	$29.63	$29.57	—	PFD	416518504
—	Great Plains Energy Inc	45,795	$1.252M	0.1%	$27.34	$27.68	—	COM	391164100
—	US Bancorp 6.5 Flt Aftr 1/22	44,139	$1.249M	0.1%	$28.30	$27.99	—	PFD	902973833
CAG	Conagra Brands Inc	31,494	$1.246M	0.1%	$39.56 *	$17.71	+60.7%	COM	205887102
—	Annaly Capital 7.625 CUM Cl 8	50,065	$1.207M	0.1%	$24.11	$25.30	—	PFD	035710888
IYF	iShares DJ US Financial Sect	11,734	$1.191M	0.1%	$101.50 *	$36.15	+40.3%	COM	464287788
—	Eaton Corp PLC	17,324	$1.162M	0.1%	$67.07	$66.00	—	COM	g29183103
—	Colony Financial7.125Perp CUM	49,791	$1.16M	0.1%	$23.30	$23.36	—	PFD	19624r403
—	S&P Global Inc	10,767	$1.158M	0.1%	$107.55	$99.28	—	COM	78409v104
—	Raytheon Company	8,138	$1.156M	0.1%	$142.05	$139.53	—	COM	755111507
VEA	Vanguard Developed Mkts	31,620	$1.155M	0.1%	$36.53	$37.61	-2.8%	COM	921943858
—	BlueRock Residential Growth 7.	44,735	$1.135M	0.1%	$25.37	$25.87	—	PFD	09627j748
—	Seaspan 8.20 Perp CUM QDI Cal	56,375	$1.124M	0.1%	$19.94	$25.11	—	PFD	y75638307
—	GlaxoSmithKline Plc-ADR	29,094	$1.12M	0.1%	$38.50	$49.78	—	COM	37733w105
IYE	iShares DJ US Energy Sector	26,768	$1.112M	0.1%	$41.54	$37.88	+9.7%	COM	464287796
AMZN	Amazon.com Inc	1,449	$1.087M	0.1%	$750.17 *	$25.61	+46.4%	COM	023135106
—	SPDR Dow Jones Industrial Aver	5,371	$1.061M	0.1%	$197.54	$153.58	—	COM	78467x109
—	iShares MSCI USA Quality Facto	15,264	$1.055M	0.1%	$69.12	$58.99	—	COM	46432f339
ITW	Illinois Tool Works	8,558	$1.048M	0.1%	$122.46 *	$66.61	+48.6%	COM	452308109
EPD	Enterprise Products Partners	38,461	$1.04M	0.1%	$27.04	$50.58	—	COM	293792107
—	Colony Financial8.50 Perp CUM	40,418	$1.021M	0.1%	$25.26	$25.72	—	PFD	19624r205
IYZ	iShares DJ US Telecommunicatio	28,979	$1M	0.1%	$34.51	$28.33	+21.8%	COM	464287713
—	AGNC Investment Corp 8.0 Perp	39,379	$994K	0.1%	$25.24	$25.43	—	PFD	02503x204
SCHW	Schwab (Charles) Corp	24,889	$982K	0.1%	$39.46 *	$22.97	+53.0%	COM	808513105
—	SPDR Utilities Select Sector	20,091	$976K	0.1%	$48.58	$41.62	—	COM	81369y886
—	EaglePoint Credit 7.75 Due 10	36,933	$940K	0.1%	$25.45	$25.45	—	PFD	269809307
—	Torchmark Crp 6.125 SubDebCal	36,950	$933K	0.1%	$25.25	$25.88	—	PFD	891027401
—	Adobe Systems Inc	9,040	$931K	0.1%	$102.99	$68.36	—	COM	00724f101
—	Check Point Software Tech	10,951	$925K	0.1%	$84.47	$77.43	—	COM	m22465104
—	Scana Corp	12,574	$921K	0.1%	$73.25	$48.68	—	COM	80589m102
—	Citigroup Tst 7.875 Cl2015 Li	35,545	$918K	0.1%	$25.83	$26.53	—	PFD	173080201
—	Summit Hotel7.125Perp CUM Cal	36,445	$915K	0.1%	$25.11	$25.99	—	PFD	866082407
—	Macy's Inc	25,406	$910K	0.1%	$35.82	$51.38	—	COM	55616p104
—	Blackstone Group/The	33,496	$905K	0.1%	$27.02	$26.54	—	COM	09253u108
—	IberiaBank Corp 6.60 Call 5/1	33,927	$901K	0.1%	$26.56	$26.33	—	PFD	450828504
ADM	Archer-Daniels-Midland Co	19,723	$900K	0.1%	$45.63 *	$27.46	+27.3%	COM	039483102
—	NXP Semiconductors Nv	9,091	$891K	0.1%	$98.01	$88.61	—	COM	n6596x109
—	CalAtlantic Group	26,000	$884K	0.1%	$34.00	$36.71	—	COM	128195104
IWF	iShares Russell 1000 Growth	8,342	$875K	0.1%	$104.89 *	$21.75	+20.6%	COM	464287614
—	Triancgle Capitl 6.375Sr Note	33,750	$858K	0.1%	$25.42	$25.51	—	PFD	895848406
—	Yahoo! Inc	22,135	$856K	0.1%	$38.67	$28.45	—	COM	984332106
—	VEREIT Inc 6.70 Perp CUM Cl 2	33,560	$849K	0.1%	$25.30	$25.27	—	PFD	92339v209
BMRC	Bank Of Marin Bancorp/CA	12,051	$841K	0.1%	$69.79 *	$14.70	+77.6%	COM	063425102
—	Aetna Inc	6,769	$839K	0.1%	$123.95	$74.18	—	COM	00817Y108
—	Harman International	7,540	$838K	0.1%	$111.14	$62.00	—	COM	413086109
—	P G & E Corp	13,654	$830K	0.1%	$60.79	$51.04	—	COM	69331c108
SYY	Sysco Corp	14,950	$828K	0.1%	$55.38 *	$30.19	+44.7%	COM	871829107
AFL	Aflac Inc	11,878	$827K	0.1%	$69.62 *	$24.02	+17.4%	COM	001055102
—	Citigroup Inc 5.95 Perp Call	820,000	$826K	0.1%	$1.01	$0.99	—	PFD	172967GD7
—	FedEx Corp	4,411	$821K	0.1%	$186.13	$139.21	—	COM	31428x106
EFA	iShares MSCI EAFE Index	14,212	$820K	0.1%	$57.70	$62.84	-8.1%	COM	464287465
—	Express Scripts Holding Co.	11,830	$814K	0.1%	$68.81	$64.31	—	COM	30219g108
—	Telephone & Data 7.0 Cl 3/16	31,742	$796K	0.1%	$25.08	$25.78	—	PFD	879433837
—	Agilent Technologies Inc	17,465	$796K	0.1%	$45.58	$44.47	—	COM	00846u101
DKS	Dick's Sporting Goods Inc	14,825	$787K	0.1%	$53.09 *	$37.00	+10.4%	COM	253393102
—	Tesla Motors Inc	3,668	$784K	0.1%	$213.74	$204.14	—	COM	88160r101
—	Guggenheim Russell Top 50 ETF	4,863	$766K	0.1%	$157.52	$120.67	—	COM	78355w205
—	Manulife Financial Corp	42,813	$763K	0.1%	$17.82	$16.24	—	COM	56501r106
—	Raymond James Final 6.90 Call	30,014	$762K	0.1%	$25.39	$26.43	—	PFD	754730208
—	Maiden Holdings 7.125PrpCl 12	29,390	$759K	0.1%	$25.83	$25.26	—	PFD	g5753u138
—	CoreEnergy 7.375 Pfd - Par Ca	30,436	$749K	0.1%	$24.61	$24.92	—	PFD	21870u304
—	So. Cal Edison 6.25 Perp/Call	675,000	$749K	0.1%	$1.11	$1.06	—	PFD	842400FU2
—	Celgene Corp	6,472	$749K	0.1%	$115.73	$105.50	—	COM	151020104
—	Gladstone Investment 6.25 CUM	29,250	$740K	0.0%	$25.30	$25.43	—	PFD	376546503
IFF	Intl Flavors & Fragrances	6,250	$736K	0.0%	$117.76 *	$64.41	+46.2%	COM	459506101
—	Wells Fargo 6.375 Cl 12/19 BB	29,200	$735K	0.0%	$25.17	$25.66	—	PFD	94988n207
ED	Consolidated Edison Inc	9,904	$730K	0.0%	$73.71 *	$42.94	+24.1%	COM	209115104
—	AGNC Investment Corp 7.75 Per	28,968	$727K	0.0%	$25.10	$25.63	—	PFD	00123q302
—	EaglePoint Credit 7SrNts 12/3	28,300	$727K	0.0%	$25.69	$25.00	—	PFD	269809208
—	Duke Energy Corp	9,336	$725K	0.0%	$77.66	$70.55	—	COM	26441c204
SLB	Schlumberger Ltd	8,628	$724K	0.0%	$83.91 *	$62.07	+4.4%	COM	806857108
—	Dr Pepper Snapple Group Inc	7,973	$723K	0.0%	$90.68	$56.31	—	COM	26138e109
VIG	Vanguard Dividend Appreciation	8,475	$722K	0.0%	$85.19	$76.06	+12.0%	COM	921908844
HRL	Hormel Foods Corp	20,694	$720K	0.0%	$34.79 *	$27.86	-0.6%	COM	440452100
—	SoCalEd 5.375 CUM cl 2025 QDI	29,111	$718K	0.0%	$24.66	$25.78	—	PFD	78409g206
—	NorthStar Realty Fin 8.50 CUM	27,944	$712K	0.0%	$25.48	$25.48	—	PFD	66705v209
—	Citigroup 5.35 Perp/Call 5/23	740,000	$698K	0.0%	$0.94	$0.94	—	PFD	172967GR6
—	Arch Capital 6.75 BBB QDI Cl	27,751	$698K	0.0%	$25.15	$26.06	—	PFD	g0450a204
SAP	SAP SE-Sponsored ADR	7,985	$690K	0.0%	$86.41	$70.05	+23.4%	COM	803054204
—	Rockwell Collins Inc.	7,375	$684K	0.0%	$92.75	$87.52	—	COM	774341101
—	Allergan plc (new)	3,239	$680K	0.0%	$209.94	$278.72	—	COM	g0177j108
—	Partner Re 6.50Perp Cal 4/202	26,150	$678K	0.0%	$25.93	$28.98	—	PFD	g68603136
—	T Rowe Price Group Inc	8,999	$677K	0.0%	$75.23	$77.48	—	COM	74144t108
—	Dominion Resources Inc/Va	8,801	$674K	0.0%	$76.58	$59.41	—	COM	25746u109
CINF	Cincinnati Financial Corp	8,816	$668K	0.0%	$75.77 *	$42.88	+38.9%	COM	172062101
VRSK	Verisk Analytics Inc-Class A	8,090	$657K	0.0%	$81.21 *	$72.56	+6.9%	COM	92345Y106
—	White Mountains Insurance Grou	786	$657K	0.0%	$835.88	$630.29	—	COM	g9618e107
IOO	iShares S&P Global 100	8,546	$656K	0.0%	$76.76 *	$34.98	+9.7%	COM	464287572
VWO	Vanguard Emerging Mkts	18,239	$653K	0.0%	$35.80	$41.97	-14.8%	COM	922042858
—	EBAY 6.00 Sr Notes Call 3/1/2	25,100	$651K	0.0%	$25.94	$25.74	—	PFD	278642202
—	Bank of America 6.625Prp Cl 1	25,583	$648K	0.0%	$25.33	$26.07	—	PFD	060505740
GWW	Grainger (W.W.) Inc	2,761	$641K	0.0%	$232.16 *	$196.58	+3.1%	COM	384802104
—	ProLogis Inc	12,044	$636K	0.0%	$52.81	$40.69	—	COM	74340w103
—	GoldmanSachs Lib75 Min3.75 C	28,689	$634K	0.0%	$22.10	$21.70	—	PFD	38143y665
—	Mobileye NV	16,026	$611K	0.0%	$38.13	$45.19	—	COM	n51488117
—	Dow Chemical	10,669	$610K	0.0%	$57.17	$47.46	—	COM	260543103
IVV	iShares S&P 500 Index Fund	2,682	$603K	0.0%	$224.83	$171.06	+31.5%	COM	464287200
—	Colony Financial7.50 Perp CUM	24,446	$603K	0.0%	$24.67	$24.57	—	PFD	19624r304
VNQ	Vanguard REIT	7,295	$602K	0.0%	$82.52	$79.06	+4.4%	COM	922908553
LEG	Leggett & Platt Inc	12,242	$598K	0.0%	$48.85	$46.24	+5.7%	COM	524660107
—	Penn RealEstate 7.375CUM Perp	23,669	$592K	0.0%	$25.01	$25.66	—	PFD	709102503
—	SPDR Real Estate Sector	18,977	$584K	0.0%	$30.77	$32.79	—	COM	81369y860
—	EverBank Financial 6.75 Perp	23,052	$581K	0.0%	$25.20	$25.16	—	PFD	29977g201
IWM	iShares Russell 2000 Index Fun	4,256	$574K	0.0%	$134.87	$111.68	+20.7%	COM	464287655
—	UMH Propertyies 8.0 Perp Cum	21,275	$570K	0.0%	$26.79	$26.30	—	PFD	903002301
—	Citigroup Inc 6.125 Perp Call	550,000	$569K	0.0%	$1.03	$1.03	—	PFD	172967KD2
—	Guggenheim S&P Equal Weight	6,572	$569K	0.0%	$86.58	$71.95	—	COM	78355w106
—	Vanguard Info Tech Vipers	4,681	$569K	0.0%	$121.56	$94.15	—	COM	92204a702
LULU	Lululemon Athletica Inc	8,760	$569K	0.0%	$64.95	$63.39	+2.5%	COM	550021109
—	Axis Capital 6.875 Cl 4/17 QD	22,472	$567K	0.0%	$25.23	$26.10	—	PFD	g0692u307
GS	Goldman Sachs Group Inc	2,320	$556K	0.0%	$239.66 *	$121.84	+62.6%	COM	38141G104
—	Prudential PLC 6.75 PrpCl 9/0	21,677	$552K	0.0%	$25.46	$25.05	—	PFD	g7293h114
—	Morgan Stanley 3MoLib70bp 4F	23,884	$549K	0.0%	$22.99	$21.61	—	PFD	61747s504
—	St Jude Medical Inc	6,828	$548K	0.0%	$80.26	$46.40	—	COM	790849103
—	City Office REIT 6.625 CUM Ca	23,900	$545K	0.0%	$22.80	$24.77	—	PFD	178587200
—	Public Storage Inc	2,422	$541K	0.0%	$223.37	$235.30	—	COM	74460d109
TXN	Texas Instruments Inc	7,396	$540K	0.0%	$73.01 *	$35.70	+59.3%	COM	882508104
WY	Weyerhaeuser Co	17,721	$533K	0.0%	$30.08 *	$19.11	+11.1%	COM	962166104
SHW	Sherwin-Williams Co	1,980	$532K	0.0%	$268.69 *	$81.32	+1.6%	COM	824348106
NSC	Norfolk Southern Corp	4,857	$525K	0.0%	$108.09 *	$63.71	+41.3%	COM	655844108
—	Fortive Corp	9,787	$525K	0.0%	$53.64	$50.93	—	COM	34959j108
IEV	iShares S&P Europe 350	13,465	$523K	0.0%	$38.84	$45.31	-14.3%	COM	464287861
—	Bank of America 6.5 Prp Cl 1/	20,479	$523K	0.0%	$25.54	$25.59	—	PFD	060505310
—	First Republic Bank 6.2 Cl 6/	20,460	$523K	0.0%	$25.56	$24.85	—	PFD	33616c407
—	TriplePoint Venture BDC 6.75	20,500	$523K	0.0%	$25.51	$25.14	—	PFD	89677y209
TJX	TJX Companies Inc	6,955	$523K	0.0%	$75.20 *	$23.76	+39.3%	COM	872540109
—	NewTek Business Svs 7.50 Nts	20,111	$520K	0.0%	$25.86	$25.51	—	PFD	652526302
—	Royal Dutch Shell Plc-ADR A	9,400	$511K	0.0%	$54.36	$55.97	—	COM	780259206
LUV	Southwest Airlines	10,254	$511K	0.0%	$49.83 *	$38.06	+17.5%	COM	844741108
—	US Celllular SrNts 7.25 2063	19,900	$506K	0.0%	$25.43	$25.34	—	PFD	911684504
IJR	iShares S&P SmallCap 600	3,655	$503K	0.0%	$137.62 *	$46.09	+49.2%	COM	464287804
QCOM	Qualcomm Inc	7,643	$498K	0.0%	$65.16 *	$44.01	+15.8%	COM	747525103
—	Seaspan 7.875 Perp Cum QDI Ca	25,418	$495K	0.0%	$19.47	$24.33	—	PFD	81254u304
—	Vanguard Consumer Discretionar	3,821	$492K	0.0%	$128.76	$108.37	—	COM	92204a108
DOV	Dover Corp	6,533	$490K	0.0%	$75.00 *	$43.21	+21.1%	COM	260003108
—	M&T Bank 6.375 Cl 11/18 BBB-	484	$489K	0.0%	$1010.33	$969.18	—	PFD	55261f708
—	1/100 Berkshire Hathaway A (10	2	$488K	0.0%	$244000.00	$2171.60	—	COM	084990175
AEP	American Electric Power	7,663	$482K	0.0%	$62.90 *	$33.13	+38.3%	COM	025537101
—	Wells Fargo & Company Perp/Cal	460,000	$481K	0.0%	$1.05	$1.13	—	PFD	949746PM7
—	Texas Capitl Bancshares6.50 2	18,551	$470K	0.0%	$25.34	$26.06	—	PFD	882228307
—	Amtrust Financial 7.50Nts 205	18,266	$470K	0.0%	$25.73	$26.12	—	PFD	032359853
—	Diageo Plc-Sponsored ADR	4,508	$469K	0.0%	$104.04	$115.04	—	COM	25243q205
IJJ	iShares S&P Midcap 400/Value	3,217	$467K	0.0%	$145.17 *	$50.58	+43.5%	COM	464287705
—	Solar Capital 6.75 Cl 11/17	18,273	$460K	0.0%	$25.17	$24.68	—	PFD	83413u308
—	US Cellular 6.95SrNT 2060 Cl	18,335	$458K	0.0%	$24.98	$25.15	—	PFD	911684405
—	Ivanhoe Mines Ltd	240,000	$456K	0.0%	$1.90	$0.69	—	COM	46579r104
—	CR Bard Inc	2,006	$451K	0.0%	$224.83	$200.70	—	COM	067383109
—	Digital Realty 6.625 Perp CUM	17,694	$444K	0.0%	$25.09	$24.98	—	PFD	253868806
—	Amtrust Financial 6.95 QDI Ca	19,150	$442K	0.0%	$23.08	$24.90	—	PFD	032359820
—	Hess Corp	7,000	$436K	0.0%	$62.29	$69.26	—	COM	42809h107
—	Barclays Bank 7.1 Prp Call 12	17,191	$436K	0.0%	$25.36	$25.01	—	PFD	06739h776
—	Pentair PLC	7,782	$436K	0.0%	$56.03	$51.97	—	COM	g7s00t104
ESS	Essex Property Trust Inc	1,850	$430K	0.0%	$232.43 *	$108.30	+59.2%	COM	297178105
ALL	Allstate Corp	5,777	$428K	0.0%	$74.09 *	$38.69	+56.8%	COM	020002101
—	B Riley Financial 7.50 SenNts	16,670	$427K	0.0%	$25.61	$25.61	—	PFD	05580m207
—	Regeneron Pharmaceuticals Inc	1,162	$427K	0.0%	$367.47	$342.72	—	COM	75886f107
—	Regions Financial 6.375 Cl 12	16,850	$424K	0.0%	$25.16	$24.49	—	PFD	7591ep308
—	Regency Centers 6.00 Perp CUM	17,400	$422K	0.0%	$24.25	$24.32	—	PFD	758849806
—	AmerisourceBergen Corp	5,268	$412K	0.0%	$78.21	$80.66	—	COM	03073e105
—	JMP Group 8.00 SrDeb Due1/202	16,264	$411K	0.0%	$25.27	$25.43	—	PFD	46629u206
—	L3 Technologies Inc	2,701	$411K	0.0%	$152.17	$152.17	—	COM	502413107
—	Retail Properties of Amer 7.0	16,400	$410K	0.0%	$25.00	$24.90	—	PFD	76131v608
—	Deutsche Bnk 7.6 Prp Cl 2/18	16,400	$409K	0.0%	$24.94	$26.67	—	PFD	25154a108
—	M / I Homes 9.75 Pfd Call 11/	15,952	$408K	0.0%	$25.58	$25.04	—	PFD	55305b200
—	Barclays 8.125 Perp/Cl 3/14 B	15,700	$401K	0.0%	$25.54	$25.33	—	PFD	06739h362
—	Wheeler RealEstate 8.75CUM Pu	16,950	$398K	0.0%	$23.48	$25.44	—	PFD	963025606
PDM	Piedmont Office Realty Trust	19,000	$397K	0.0%	$20.89	$17.90	—	COM	720190206
CTAS	Cintas Corp	3,378	$390K	0.0%	$115.45 *	$20.18	+31.0%	COM	172908105
—	Hersha Hospitality 6.50 NR Ca	17,219	$385K	0.0%	$22.36	$25.31	—	PFD	427825609
—	Costamare 7.625 CUM QDI Perp	18,923	$384K	0.0%	$20.29	$23.61	—	PFD	y1771g110
LW	Lamb Weston Holdings Inc	10,120	$383K	0.0%	$37.85 *	$29.75	+11.0%	COM	513272104
—	Northstar Realty Fin 8.875 CU	14,867	$380K	0.0%	$25.56	$25.24	—	PFD	66704r506
—	iShares Core Dividend Growth	13,123	$379K	0.0%	$28.88	$28.88	—	COM	46434v621
C	Citigroup Inc	6,301	$374K	0.0%	$59.36 *	$36.57	+22.5%	COM	172967424
—	Nordstrom Inc	7,741	$371K	0.0%	$47.93	$60.56	—	COM	655664100
—	Sunstone Hotel 6.95 Prp/Cl 3/	14,479	$367K	0.0%	$25.35	$26.68	—	PFD	867892606
—	GGP Inc 6.375 Call 2/2018 CUM	14,800	$367K	0.0%	$24.80	$23.17	—	PFD	370023202
—	Affiliated Mgrs Grp 6.375 SrN	14,483	$366K	0.0%	$25.27	$26.37	—	PFD	008252876
—	American Homes 4Rent 6.50 Per	14,512	$363K	0.0%	$25.01	$26.31	—	PFD	02665t702
NUE	Nucor Corp	6,046	$360K	0.0%	$59.54 *	$34.27	+42.6%	COM	670346105
—	Retail Properties of America	23,393	$359K	0.0%	$15.35	$14.30	—	COM	76131v202
SPG	Simon Property Group Inc	2,017	$358K	0.0%	$177.49 *	$113.41	-2.7%	COM	828806109
—	Citigroup 5.875 Perp/Call 3/2	350,000	$354K	0.0%	$1.01	$1.01	—	PFD	172967JK8
—	SPDR S&P Biotech ETF	5,940	$352K	0.0%	$59.26	$91.58	—	COM	78464a870
—	Broadcom Ltd	1,986	$351K	0.0%	$176.74	$174.13	—	COM	y09827109
—	NorthStar Realty Fin 8.25 CUM	14,002	$350K	0.0%	$25.00	$24.87	—	PFD	66704R308
—	Eversource Energy	6,306	$348K	0.0%	$55.19	$50.80	—	COM	30040w108
BAX	Baxter International Inc.	7,747	$344K	0.0%	$44.40 *	$32.00	+19.3%	COM	071813109
—	Boston Private Finl 6.95Perp	13,727	$344K	0.0%	$25.06	$25.06	—	PFD	101119303
—	SPDR S&P Aerospace & Defense E	5,412	$343K	0.0%	$63.38	$59.26	—	COM	78464a631
—	Marathon Petroleum Corp	6,794	$342K	0.0%	$50.34	$58.89	—	COM	56585a102
—	CBL & Associates 6.625 Perp C	14,804	$340K	0.0%	$22.97	$25.20	—	PFD	124830803
—	CHS Chemicals 6.75 Perp cl 20	12,930	$340K	0.0%	$26.30	$25.72	—	PFD	12542r704
F	Ford Motor Co	27,754	$337K	0.0%	$12.14 *	$8.41	-10.9%	COM	345370860
—	NorthStar Realty Fin 8.75 CUM	13,029	$335K	0.0%	$25.71	$25.56	—	PFD	66704r605
EEM	iShares MSCI Emerging Markets	9,520	$333K	0.0%	$34.98	$40.28	-13.1%	COM	464287234
—	WisdomTree MidCap Div Index	3,513	$332K	0.0%	$94.51	$82.65	—	COM	97717w505
—	VanEck Vectors Pharmaceutical	6,193	$325K	0.0%	$52.48	$57.57	—	COM	92189f692
—	Jacobs Engineering Group Inc	5,703	$325K	0.0%	$56.99	$53.87	—	COM	469814107
—	Reinsurance Group of Amer 6.2	12,000	$324K	0.0%	$27.00	$26.00	—	PFD	759351703
—	Pitney Bowes 6.7 Cl 3/7/18 BB	12,500	$320K	0.0%	$25.60	$25.31	—	PFD	724479506
PSX	Phillips 66	3,654	$316K	0.0%	$86.48 *	$52.27	+17.1%	COM	718546104
STT	State Street Corp	4,025	$313K	0.0%	$77.76 *	$51.14	+16.7%	COM	857477103
TEVA	Teva Pharmaceutical-Sp ADR	8,549	$310K	0.0%	$36.26	$46.72	-22.4%	COM	881624209
—	Amtrust Financial 7.25 SrNt C	12,200	$308K	0.0%	$25.25	$24.87	—	PFD	032359861
—	Wells Fargo 5.85Flt Aftr 9/23	12,150	$307K	0.0%	$25.27	$26.11	—	PFD	949746556
VV	Vanguard Large-Cap Vipers ETF	3,000	$307K	0.0%	$102.33	$84.99	+20.5%	COM	922908637
—	Quest Diagnostics	3,325	$306K	0.0%	$92.03	$61.00	—	COM	74834l100
VFC	VF Corporation	5,740	$306K	0.0%	$53.31 *	$64.62	-22.3%	COM	918204108
IWR	iShares Russell Midcap	1,698	$304K	0.0%	$179.03 *	$34.69	+28.9%	COM	464287499
—	AllState 6.75 2049 Call 10/201	11,690	$301K	0.0%	$25.75	$26.28	—	PFD	020002606
—	Acacia Communications Inc	4,851	$300K	0.0%	$61.84	$61.84	—	COM	00401c108
—	Bank of America 5.20 Perp/Cal	315,000	$300K	0.0%	$0.95	$0.92	—	PFD	060505ED2
—	General Motors Co	8,625	$300K	0.0%	$34.78	$28.39	—	COM	37045v100
—	Lam Research Corp	2,816	$298K	0.0%	$105.82	$81.46	—	COM	512807108
—	Hewlett Packard Enterprise	12,856	$297K	0.0%	$23.10	$16.71	—	COM	42824c109
—	Fortinet Inc	9,840	$296K	0.0%	$30.08	$31.68	—	COM	34959e109
YUM	Yum! Brands Inc	4,658	$295K	0.0%	$63.33 *	$40.33	+33.4%	COM	988498101
—	Amtrust Financial 7.25 CUM QD	11,766	$294K	0.0%	$24.99	$24.44	—	PFD	032359507
—	First Trust Mid Cap Value ETF	8,783	$289K	0.0%	$32.90	$25.87	—	COM	33737m201
—	Aspen Insurance 7.401 BBB- Ca	11,523	$288K	0.0%	$24.99	$26.29	—	PFD	g05384139
—	Realty Income 6.625 Call 2/17	11,429	$287K	0.0%	$25.11	$25.77	—	PFD	756109807
—	Vanguard Consumer Staples Vipe	2,135	$286K	0.0%	$133.96	$112.32	—	COM	92204a207
—	Keysight Technologies Inc	7,831	$286K	0.0%	$36.52	$34.48	—	COM	49338l103
—	Endurance Specialty 6.35 Cl 1	11,100	$284K	0.0%	$25.59	$27.13	—	PFD	29267h406
—	First Trust Rising Dividend Ac	11,384	$281K	0.0%	$24.68	$21.76	—	COM	33738r506
IYW	iShares Goldman Sachs Tech I	2,310	$278K	0.0%	$120.35 *	$25.50	+17.9%	COM	464287721
—	CBL&Assoc Properties 7.375CUM	11,376	$278K	0.0%	$24.44	$25.00	—	PFD	124830605
—	New York MtgTrust 7.875Perp C	12,101	$277K	0.0%	$22.89	$23.96	—	PFD	649604808
—	Potash Corp Of Saskatchewan	15,200	$275K	0.0%	$18.09	$37.97	—	COM	73755l107
—	CHS Chemicals 7.875 Perp cl 2	9,697	$274K	0.0%	$28.26	$28.53	—	PFD	12542r308
—	Arbor Realty 8.50 CUM Perp Ca	10,752	$273K	0.0%	$25.39	$25.63	—	PFD	038923801
—	PowerShares Buyback Achievers	5,419	$273K	0.0%	$50.38	$47.79	—	COM	73935x286
—	ING Grp NV 7.20Pfd Perp/Cl l2	10,597	$271K	0.0%	$25.57	$25.34	—	PFD	456837301
—	Annaly Capital 7.625 Perp Cl	11,254	$271K	0.0%	$24.08	$24.58	—	PFD	035710706
—	PS Business Parks 6.0 Cl 5/20	11,150	$271K	0.0%	$24.30	$24.51	—	PFD	69360j685
—	Blackrock Inc	707	$269K	0.0%	$380.48	$307.09	—	COM	09247x101
—	Deutsche Bank 8.05 PrpCl6/18	10,602	$268K	0.0%	$25.28	$27.55	—	PFD	25150l108
—	Medley Capitl 6.875Notes Due2	11,100	$267K	0.0%	$24.05	$24.05	—	PFD	58503y105
RHI	Robert Half Intl Inc	5,483	$267K	0.0%	$48.70	$43.67	+11.7%	COM	770323103
—	Northstar Realty Fin 8.75 CUM	10,527	$267K	0.0%	$25.36	$23.77	—	PFD	66704r209
PH	Parker-Hannifin Corp	1,908	$267K	0.0%	$139.94 *	$102.98	+18.4%	COM	701094104
—	LaSalle Hotel 6.3 Call 5/2021	11,400	$265K	0.0%	$23.25	$25.75	—	PFD	517942884
—	Seaspan 7.95 12/2049 Call 1/2	13,027	$265K	0.0%	$20.34	$23.25	—	PFD	y75638208
BF/B	Brown-Forman Corp -Cl B	5,862	$263K	0.0%	$44.87 *	$32.26	-5.4%	COM	115637209
—	Taubman Centers 6.5 CUM NA Cl	10,600	$261K	0.0%	$24.62	$24.91	—	PFD	876664608
—	News Corp 7.00 12/1/2095 call	10,303	$259K	0.0%	$25.14	$25.00	—	PFD	863117206
UDR	UDR Inc	7,080	$258K	0.0%	$36.44 *	$20.28	+30.0%	COM	902653104
IHF	iShares DJ US Health Car Pro	2,054	$257K	0.0%	$125.12 *	$22.50	+11.4%	COM	464288828
SIEGY	Siemens Ag-Spons ADR	2,092	$256K	0.0%	$122.37	$96.07	+27.4%	COM	826197501
—	Intrexon Corp	10,520	$256K	0.0%	$24.33	$44.56	—	COM	46122t102
—	Hercules Capital 7 BBB- Calle	9,996	$256K	0.0%	$25.61	$25.55	—	PFD	427096870
—	Allied Capital ARCC6.875 4/20	9,998	$252K	0.0%	$25.21	$25.05	—	PFD	01903q207
—	ETFS Physical Precious Metals	4,365	$251K	0.0%	$57.50	$68.05	—	COM	26922w109
IP	International Paper Co	4,624	$245K	0.0%	$52.98 *	$29.51	+15.6%	COM	460146103
—	Penn Real Estate 8.25 CIM Per	9,621	$243K	0.0%	$25.26	$26.53	—	PFD	709102404
TMO	Thermo Fisher Scientific Inc	1,691	$239K	0.0%	$141.34 *	$115.75	+18.9%	COM	883556102
—	NewTek Business Svs 7.0Nts du	9,340	$237K	0.0%	$25.37	$25.56	—	PFD	652526401
ROP	Roper Technologies Inc	1,273	$233K	0.0%	$183.03 *	$172.20	+0.7%	COM	776696106
NOC	Northrop Grumman Corp	999	$232K	0.0%	$232.23 *	$186.23	+8.0%	COM	666807102
KMX	CarMax Inc	3,540	$228K	0.0%	$64.41	$56.11	+14.8%	COM	143130102
IUSV	iShares Core US Value	4,608	$226K	0.0%	$49.05	$45.20	+8.7%	COM	464287663
—	Groupon Inc	68,000	$226K	0.0%	$3.32	$3.99	—	COM	399473107
—	Hercules Capital 6.25SrNts 24	8,900	$226K	0.0%	$25.39	$25.64	—	PFD	427096862
—	Cigna Corp	1,688	$225K	0.0%	$133.29	$137.20	—	COM	125509109
—	MetLife 3MoLibor100 Min 4.0	9,666	$225K	0.0%	$23.28	$24.27	—	PFD	59156r504
—	Xcel Energy Inc	5,461	$222K	0.0%	$40.65	$34.09	—	COM	98389b100
—	Frontier Communications Corp	65,823	$222K	0.0%	$3.37	$5.33	—	COM	35906a108
CNI	Canadian Natl Railway Co	3,290	$222K	0.0%	$67.48 *	$46.96	+21.7%	COM	136375102
DTE	DTE Energy Company	2,247	$221K	0.0%	$98.35 *	$56.40	+10.4%	COM	233331107
—	Oxford Lane Cap8.125 Cl6/2017	8,513	$220K	0.0%	$25.84	$25.96	—	PFD	691543409
—	Citigroup 5.8 B1 Call 4/18 QD	8,850	$220K	0.0%	$24.86	$23.86	—	PFD	172967366
—	LaSalle Hotel 6.375 Call 3/20	9,037	$218K	0.0%	$24.12	$24.12	—	PFD	517942801
—	MFA Financial 7.5 Prp Cl 4/15	8,918	$216K	0.0%	$24.22	$24.89	—	PFD	55272x409
VLO	Valero Energy Corp	3,156	$216K	0.0%	$68.44 *	$42.78	+11.5%	COM	91913Y100
—	Edwards Lifesciences Corp	2,284	$214K	0.0%	$93.70	$93.70	—	COM	28176e108
BK	Bank Of New York Mellon Corp	4,465	$212K	0.0%	$47.48 *	$35.50	+5.2%	COM	064058100
MIDD	Middleby Corp	1,648	$212K	0.0%	$128.64	$122.79	+4.9%	COM	596278101
PAYX	Paychex Inc	3,467	$211K	0.0%	$60.86 *	$41.68	+11.6%	COM	704326107
IWD	iShares Russell 1000 Value	1,882	$211K	0.0%	$112.11	$108.10	+3.6%	COM	464287598
—	Quest USWest Sr Nts6.125Nts C	9,300	$211K	0.0%	$22.69	$24.11	—	PFD	74913g600
—	Allegion PLC	3,267	$209K	0.0%	$63.97	$44.33	—	COM	g0176j109
PAA	Plains All American Pipeline L	6,482	$209K	0.0%	$32.24	$31.47	—	COM	726503105
—	Medical Properties Trust Inc	16,919	$208K	0.0%	$12.29	$12.30	—	COM	58463j304
—	Equity Residential	3,185	$205K	0.0%	$64.36	$72.43	—	COM	29476l107
—	Adient PLC	3,493	$205K	0.0%	$58.69	$58.69	—	COM	g0084w101
SYK	Stryker Corp	1,715	$205K	0.0%	$119.53 *	$103.92	+4.5%	COM	863667101
—	Guggenheim S&P Equal Weight En	3,192	$204K	0.0%	$63.91	$63.91	—	COM	78355w866
IVE	iShares S&P 500 Value Index Fu	2,000	$203K	0.0%	$101.50	$97.57	+3.9%	COM	464287408
FC	Franklin Covey Co	10,000	$202K	0.0%	$20.20	$15.46	+30.3%	COM	353469109
—	Citigroup Inc Fix-to-Float Per	200,000	$202K	0.0%	$1.01	$0.98	—	PFD	172967GF2
AME	Ametek Inc	4,135	$201K	0.0%	$48.61 *	$44.57	+2.7%	COM	031100100
IWP	iShares Russell Midcap Growth	2,057	$200K	0.0%	$97.23 *	$48.49	+0.4%	COM	464287481
—	Sprott Resource Corp	526,834	$191K	0.0%	$0.36	$0.49	—	COM	85207d103
—	KKR & Co LP	12,400	$191K	0.0%	$15.40	$14.42	—	COM	48248m102
—	Ares Capital Corp	10,484	$173K	0.0%	$16.50	$15.46	—	COM	04010l103
—	Freeport McMoRan Inc-B	12,790	$169K	0.0%	$13.21	$27.37	—	COM	35671d857
—	Carlyle Group/The	10,900	$166K	0.0%	$15.23	$33.31	—	COM	14309l102
—	Eurasian Minerals Inc	80,386	$84,000	0.0%	$1.04	$1.13	—	COM	29843r100
CERS	Cerus Corp	10,000	$44,000	0.0%	$4.40	$4.84	-10.1%	COM	157085101
—	Silvercorp Metals Inc	10,000	$23,000	0.0%	$2.30	$2.80	—	COM	82835p103
EDTXF	Spectral Medical Inc	25,000	$6,000	0.0%	$0.24 *	$0.30	-39.2%	COM	847577103
—	Li & Fung Ltd	10,000	$4,000	0.0%	$0.40	$0.90	—	COM	g5485f169
—	Amarillo Gold Corp	13,000	$3,000	0.0%	$0.23	$0.06	—	COM	02301t108
—	Integral Technologies Inc	17,000	$2,000	0.0%	$0.12	$0.59	—	COM	45810j103
—	Propanc Health Group Corp	280,000	$2,000	0.0%	$0.01	$0.01	—	COM	74345c102
—	Global Brands Group Holding	10,000	$1,000	0.0%	$0.10	$0.20	—	COM	g39338101
—	Tri-Valley Corporation	30,600	$0	0.0%	$0.00	—	—	COM	895735108
—	Encounter Technologies Inc	62,000	$0	0.0%	$0.00	—	—	COM	29259j303
—	Voyant International Corp	53,652	$0	0.0%	$0.00	—	—	COM	92909w108