Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TLT	TLT US 07/21/17 P120	12,033	$151M	13.2%	$12512.01	—	—	Put	464287432
MO	ALTRIA GROUP	425,184	$31.66M	2.8%	$74.47 *	$22.25	+80.9%	COM	02209S103
JPM	JPMORGAN CHASE	346,217	$31.64M	2.8%	$91.40 *	$43.50	+66.9%	COM	46625H100
LMT	LOCKHEED MARTIN	112,500	$31.23M	2.7%	$277.61 *	$139.73	+58.5%	COM	539830109
CSCO	CISCO SYSTEMS	868,600	$27.19M	2.4%	$31.30 *	$19.37	+24.3%	COM	17275R102
MRK	MERCK & CO	418,100	$26.8M	2.3%	$64.09 *	$37.27	+26.2%	COM	58933Y105
—	REYNOLDS AMERICAN	403,771	$26.26M	2.3%	$65.04	$53.73	—	COM	761713106
MCD	MCDONALD'S	162,200	$24.84M	2.2%	$153.16 *	$74.82	+67.7%	COM	580135101
WFC	WELLS FARGO	429,200	$23.78M	2.1%	$55.41 *	$37.60	+16.3%	COM	949746101
MSFT	MICROSOFT	341,700	$23.55M	2.1%	$68.93 *	$38.09	+64.7%	COM	594918104
IBM	INTL BUSINESS MACHINES	144,500	$22.23M	1.9%	$153.83 *	$100.95	+0.7%	COM	459200101
—	SIX FLAGS ENTERTAINMENT	370,000	$22.06M	1.9%	$59.61	$45.37	—	COM	83001A102
JNJ	JOHNSON & JOHNSON	163,700	$21.66M	1.9%	$132.29 *	$75.30	+38.8%	COM	478160104
KHC	KRAFT HEINZ CO	235,600	$20.18M	1.8%	$85.64 *	$47.85	+20.3%	COM	500754106
—	MAXIM INTEGRATED PRODUCTS	442,700	$19.88M	1.7%	$44.90	$36.61	—	COM	57772K101
PSA	PUBLIC STORAGE	93,800	$19.56M	1.7%	$208.53 *	$122.80	+20.2%	COM	74460D109
PAYX	PAYCHEX	339,800	$19.35M	1.7%	$56.94 *	$31.59	+39.9%	COM	704326107
INTC	INTEL	564,100	$19.03M	1.7%	$33.74 *	$22.99	+21.6%	COM	458140100
EPD	ENTERPRISE PRODUCTS PARTNERS	692,700	$18.76M	1.6%	$27.08	$31.43	—	COM	293792107
PFE	PFIZER	555,290	$18.65M	1.6%	$33.59 *	$18.25	+20.1%	COM	717081103
CME	CHICAGO MERCANTILE EXCHANGE	144,000	$18.04M	1.6%	$125.24 *	$57.21	+60.9%	COM	12572Q105
KO	COCA-COLA	394,700	$17.7M	1.5%	$44.85 *	$31.51	+9.2%	COM	191216100
KMB	KIMBERLY-CLARK	130,400	$16.84M	1.5%	$129.11 *	$74.43	+29.0%	COM	494368103
WM	WASTE MANAGEMENT	225,800	$16.56M	1.4%	$73.35 *	$38.03	+66.4%	COM	94106L109
LVS	LAS VEGAS SANDS	258,100	$16.49M	1.4%	$63.89 *	$45.98	+15.6%	COM	517834107
QCOM	QUALCOMM	294,700	$16.27M	1.4%	$55.22 *	$44.14	-0.4%	COM	747525103
CVX	CHEVRON	155,450	$16.22M	1.4%	$104.33 *	$66.37	+9.2%	COM	166764100
ED	CONSOLIDATED EDISON	184,900	$14.94M	1.3%	$80.82 *	$55.12	+8.0%	COM	209115104
BA	BOEING	73,300	$14.49M	1.3%	$197.75 *	$112.66	+65.4%	COM	097023105
AMGN	AMGEN	83,850	$14.44M	1.3%	$172.22 *	$114.05	+16.8%	COM	031162100
XOM	EXXON MOBIL	176,656	$14.26M	1.2%	$80.73 *	$52.15	+5.4%	COM	30231G102
MPC	MARATHON PETROLEUM	272,300	$14.25M	1.2%	$52.33 *	$34.23	+17.3%	COM	56585A102
AEP	AMERICAN ELECTRIC POWER	202,900	$14.1M	1.2%	$69.47 *	$48.25	+6.6%	COM	025537101
TGT	TARGET	258,800	$13.53M	1.2%	$52.29 *	$49.00	-16.4%	COM	87612E106
MCHP	MICROCHIP TECHNOLOGY	175,300	$13.53M	1.2%	$77.18 *	$17.69	+86.4%	COM	595017104
VZ	VERIZON COMMUNICATIONS	302,400	$13.51M	1.2%	$44.66 *	$28.03	+1.1%	COM	92343V104
PM	PHILIP MORRIS	114,100	$13.4M	1.2%	$117.45 *	$52.53	+44.5%	COM	718172109
BOH	BANK OF HAWAII	161,100	$13.37M	1.2%	$82.97 *	$42.63	+40.7%	COM	062540109
DLR	DIGITAL REALTY REIT	114,600	$12.94M	1.1%	$112.95 *	$68.16	+23.5%	COM	253868103
—	REGAL ENTERTAINMENT GROUP-A	623,300	$12.75M	1.1%	$20.46	$20.77	—	COM	758766109
—	DOW CHEMICAL	198,900	$12.54M	1.1%	$63.07	$45.86	—	COM	260543103
YUM	YUM! BRANDS	161,900	$11.94M	1.0%	$73.76 *	$53.30	+18.6%	COM	988498101
UPS	UNITED PARCEL SERVICE	103,600	$11.46M	1.0%	$110.59 *	$78.17	+2.7%	COM	911312106
PSX	PHILLIPS 66	136,600	$11.29M	1.0%	$82.69 *	$57.27	+4.0%	COM	718546104
T	AT&T	291,200	$10.99M	1.0%	$37.73 *	$12.39	+24.4%	COM	00206R102
GIS	GENERAL MILLS	196,500	$10.89M	1.0%	$55.40 *	$39.91	+2.2%	COM	370334104
WMT	WAL-MART STORES	141,520	$10.71M	0.9%	$75.68 *	$18.76	+17.0%	COM	931142103
IVZ	INVESCO	300,000	$10.56M	0.9%	$35.19 *	$18.56	+27.1%	COM	G491BT108
PLD	PROLOGIS	179,400	$10.52M	0.9%	$58.64 *	$33.64	+37.8%	COM	74340W103
—	SPECTRA ENERGY PARTNERS	244,200	$10.48M	0.9%	$42.90	$45.83	—	COM	84756N109
EMR	EMERSON ELECTRIC	175,100	$10.44M	0.9%	$59.62 *	$38.48	+25.9%	COM	291011104
AJG	ARTHUR J GALLAGHER & CO	180,600	$10.34M	0.9%	$57.25 *	$36.04	+40.1%	COM	363576109
—	BB&T CORPORATION	213,900	$9.713M	0.8%	$45.41	$47.02	—	COM	054937107
—	ONEOK PARTNERS	187,500	$9.576M	0.8%	$51.07	$51.07	—	COM	68268N103
COST	COSTCO WHOLESALE	59,700	$9.548M	0.8%	$159.93 *	$150.98	-5.7%	COM	22160K105
—	WILLIAMS PARTNERS	234,200	$9.394M	0.8%	$40.11	$40.11	—	COM	96949L105
CCI	CROWN CASTLE INTL CORP	93,600	$9.377M	0.8%	$100.18 *	$68.42	+2.7%	COM	22822V101
DUK	DUKE ENERGY	109,300	$9.136M	0.8%	$83.59 *	$46.36	+27.4%	COM	26441C204
OXY	OCCIDENTAL PETROLEUM	152,200	$9.112M	0.8%	$59.87 *	$55.00	-13.0%	COM	674599105
BCE	BCE INC	198,500	$8.94M	0.8%	$45.04 *	$26.61	+0.9%	COM	05534B760
PG	PROCTER & GAMBLE	101,516	$8.847M	0.8%	$87.15 *	$57.24	+21.3%	COM	742718109
BUD	ANHEUSER-BUSCH INBEV-SPN	76,200	$8.409M	0.7%	$110.35	$114.52	-3.6%	COM	03524A108
F	FORD MOTOR	705,000	$7.889M	0.7%	$11.19 *	$7.67	-7.1%	COM	345370860
—	GENERAL ELECTRIC	116,602	$3.149M	0.3%	$27.01	$25.78	—	COM	369604103
FEZ	SPDR EURO STOXX 50 ETF	52,890	$2.035M	0.2%	$38.48	$36.49	+5.4%	COM	78463X202
TLH	ISHARES 10-20 YEAR TREASURY	13,914	$1.898M	0.2%	$136.41	$137.38	-0.7%	COM	464288653
LYB	LYONDELLBASELL INDUSTRIES-CL A	20,200	$1.705M	0.1%	$84.41 *	$47.02	+8.4%	COM	N53745100
—	MAGELLAN MIDSTREAM PARTNERS	18,300	$1.304M	0.1%	$71.26	$72.11	—	COM	559080106
SPG	SIMON PROPERTY GROUP	3,060	$495K	0.0%	$161.76 *	$107.27	-4.4%	COM	828806109
SPY	S&P 500 DEPOSITARY RECEIPTS	1,970	$476K	0.0%	$241.62	$194.69	+24.2%	COM	78462F103
—	CORESITE REALTY CORP	3,900	$404K	0.0%	$103.59	$103.59	—	COM	21870Q105
AEE	AMEREN	5,200	$284K	0.0%	$54.62 *	$29.27	+46.5%	COM	023608102
BRK/A	BERKSHIRE HATHAWAY	1	$255K	0.0%	$255000.00	$165023.42	+54.3%	COM	084670108
IGIB	ISHARES BARCLAYS INTERMEDIATE	2,250	$246K	0.0%	$109.33 *	$54.13	+1.4%	COM	464288638
AAPL	APPLE	1,400	$202K	0.0%	$144.29 *	$18.77	+78.3%	COM	037833100
HEFA	ISHA CURR HEDGED MSCI EAFE	6,600	$188K	0.0%	$28.48	$28.39	+0.1%	COM	46434V803
PEP	PEPSICO	1,500	$173K	0.0%	$115.33 *	$69.41	+28.5%	COM	713448108
COF	CAPITAL ONE FINL	1,969	$163K	0.0%	$82.78 *	$47.00	+51.7%	COM	14040H105
DVY	ISHARES SELECT DIVIDEND ETF	1,500	$138K	0.0%	$92.00	$77.22	+19.4%	COM	464287168
TMO	THERMO FISHER SCIENTIFIC	700	$122K	0.0%	$174.29 *	$84.52	+101.8%	COM	883556102
ECL	ECOLAB	900	$119K	0.0%	$132.22 *	$77.54	+56.3%	COM	278865100
IWF	ISHARES RUSSELL 1000 GROWTH	1,000	$119K	0.0%	$119.00 *	$18.32	+62.5%	COM	464287614
NKE	NIKE-B	2,000	$118K	0.0%	$59.00 *	$41.60	+27.2%	COM	654106103
SCHW	CHARLES SCHWAB	2,633	$113K	0.0%	$42.92 *	$18.00	+113.3%	COM	808513105
GILD	GILEAD SCIENCES	1,400	$99,000	0.0%	$70.71 *	$36.21	+42.8%	COM	375558103
GOOGL	ALPHABET INC-CL A	100	$93,000	0.0%	$930.00 *	$36.73	+25.6%	COM	02079K305
—	STERICYCLE	1,200	$92,000	0.0%	$76.67	$110.83	—	COM	858912108
GOOG	ALPHABET INC- CL C	100	$91,000	0.0%	$910.00 *	$35.61	+26.6%	COM	02079K107
BRK/B	BERKSHIRE HATHAWAY-CL B	496	$84,000	0.0%	$169.35	$110.02	+53.9%	COM	084670702
MAT	MATTEL	3,900	$84,000	0.0%	$21.54	$26.90	-20.0%	COM	577081102
CSX	CSX	1,500	$82,000	0.0%	$54.67 *	$6.66	+143.2%	COM	126408103
—	ENERGY TRANSFER PARTNERS LP	3,710	$76,000	0.0%	$20.49	$20.49	—	COM	29278N103
ORCL	ORACLE	1,500	$75,000	0.0%	$50.00 *	$29.68	+48.7%	COM	68389X105
NVS	NOVARTIS-ADR	876	$73,000	0.0%	$83.33	$74.60	+11.9%	COM	66987V109
DE	DEERE & CO	500	$62,000	0.0%	$124.00 *	$71.30	+52.5%	COM	244199105
ITW	ILLINOIS TOOL WORKS	400	$57,000	0.0%	$142.50 *	$58.72	+99.1%	COM	452308109
—	AMERIGAS PARTNERS-LP	1,120	$51,000	0.0%	$45.54	$45.54	—	COM	030975106
DHR	DANAHER	600	$51,000	0.0%	$85.00 *	$27.52	+161.1%	COM	235851102
—	L-3 TECHNOLOGIES	300	$50,000	0.0%	$166.67	$166.67	—	COM	502413107
—	GIGAMON INC	1,270	$50,000	0.0%	$39.37	$39.37	—	COM	37518B102
CL	COLGATE-PALMOLIVE	600	$44,000	0.0%	$73.33 *	$46.59	+30.1%	COM	194162103
MPLX	MPLX LP	1,308	$44,000	0.0%	$33.64	$38.99	—	COM	55336V100
—	JACOBS ENGINEERING	700	$38,000	0.0%	$54.29	$55.71	—	COM	469814107
EEM	ISHARES MSCI EMERGING MARKETS	900	$37,000	0.0%	$41.11	$41.50	-0.3%	COM	464287234
DVN	DEVON ENERGY	800	$26,000	0.0%	$32.50 *	$37.00	-38.8%	COM	25179M103
—	MONSANTO	200	$24,000	0.0%	$120.00	$100.00	—	COM	61166W101
FTV	FORTIVE CORP	300	$19,000	0.0%	$63.33 *	$30.87	+25.0%	COM	34959J108
ITT	ITT	400	$16,000	0.0%	$40.00	$35.86	+12.0%	COM	45073V108
BP	BP ADR	459	$16,000	0.0%	$34.86	$39.28	-11.8%	COM	055622104
COP	CONOCOPHILLIPS	300	$13,000	0.0%	$43.33 *	$38.73	-13.4%	COM	20825C104