Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UPS	UNITED PARCEL SERVICE INC	381,720	$33.01M	5.0%	$55.34	+0.1%	CL B	911312106
MRK	MERCK & CO INC NEW	446,812	$20.75M	3.1%	$27.22	+10.3%	COM	58933Y105
JPM	JPMORGAN CHASE & CO	361,570	$19.09M	2.9%	$34.01	+6.6%	COM	46625H100
VWO	VANGUARD INTL EQUITY INDEX F	458,734	$17.79M	2.7%	$42.89	—	FTSE EMR MKT ETF	922042858
WFC	WELLS FARGO & CO NEW	380,035	$15.68M	2.4%	$24.86	+10.1%	COM	949746101
JNJ	JOHNSON & JOHNSON	178,325	$15.31M	2.3%	$52.80	+13.0%	COM	478160104
MRSH	MARSH & MCLENNAN COS INC	380,300	$15.18M	2.3%	$28.64	+8.9%	COM	571748102
CVX	CHEVRON CORP NEW	121,455	$14.37M	2.2%	$67.90	+5.0%	COM	166764100
UNH	UNITEDHEALTH GROUP INC	193,051	$12.64M	1.9%	$44.59	+13.8%	COM	91324P102
CSCO	CISCO SYS INC	518,161	$12.6M	1.9%	$14.11	+8.0%	COM	17275R102
MSFT	MICROSOFT CORP	360,046	$12.43M	1.9%	$22.38	+19.3%	COM	594918104
AAPL	APPLE INC	31,236	$12.37M	1.9%	$14.15	-7.0%	COM	037833100
TSM	TAIWAN SEMICONDUCTOR MFG LTD	643,888	$11.8M	1.8%	$17.19	—	SPONSORED ADR	874039100
PNC	PNC FINL SVCS GROUP INC	160,800	$11.73M	1.8%	$42.89	+10.4%	COM	693475105
IP	INTL PAPER CO	251,500	$11.14M	1.7%	$23.95	+8.2%	COM	460146103
—	E M C CORP MASS	446,870	$10.55M	1.6%	$23.88	—	COM	268648102
—	GENERAL ELECTRIC CO	453,336	$10.51M	1.6%	$23.12	—	COM	369604103
—	BAKER HUGHES INC	218,700	$10.09M	1.5%	$5.64	—	COM	057224107
GS	GOLDMAN SACHS GROUP INC	65,100	$9.846M	1.5%	$115.64	+3.8%	COM	38141G104
INTC	INTEL CORP	395,832	$9.587M	1.4%	$15.32	+12.1%	COM	458140100
TEVA	TEVA PHARMACEUTICAL INDS LTD	244,200	$9.573M	1.4%	$39.68	—	ADR	881624209
—	NORDSTROM INC	157,600	$9.447M	1.4%	$55.23	—	COM	655664100
GIS	GENERAL MLS INC	186,125	$9.033M	1.4%	$28.50	+12.2%	COM	370334104
KBR	KBR INC	275,400	$8.951M	1.3%	$25.72	+3.2%	COM	48242W106
DAL	DELTA AIR LINES INC DEL	472,100	$8.833M	1.3%	$12.64	+18.5%	COM NEW	247361702
PG	PROCTER & GAMBLE CO	112,108	$8.631M	1.3%	$53.26	+3.3%	COM	742718109
XOM	EXXON MOBIL CORP	84,186	$7.606M	1.1%	$53.16	+1.0%	COM	30231G102
PFE	PFIZER INC	269,033	$7.536M	1.1%	$15.34	+7.3%	COM	717081103
—	KRAFT FOODS GROUP INC	132,681	$7.413M	1.1%	$55.52	—	COM	50076Q106
LOW	LOWES COS INC	180,900	$7.399M	1.1%	$30.13	+6.7%	COM	548661107
—	TIME WARNER CABLE INC	64,000	$7.199M	1.1%	$99.21	—	COM	88732J207
—	MARATHON OIL CORP	206,200	$7.13M	1.1%	$33.72	—	COM	565849106
—	DOW CHEM CO	217,370	$6.993M	1.1%	$31.84	—	COM	260543103
—	BARRICK GOLD CORP	439,500	$6.918M	1.0%	$28.76	—	COM	067901108
AMGN	AMGEN INC	69,332	$6.84M	1.0%	$62.49	+17.4%	COM	031162100
SPG	SIMON PPTY GROUP INC NEW	42,680	$6.74M	1.0%	$82.92	+7.1%	COM	828806109
—	UNITED TECHNOLOGIES CORP	71,275	$6.624M	1.0%	$93.26	—	COM	913017109
—	INTERCONTINENTALEXCHANGE INC	36,900	$6.559M	1.0%	$163.08	—	COM	45865V100
—	GOOGLE INC	7,420	$6.532M	1.0%	$794.01	—	CL A	38259P508
—	MAXIM INTEGRATED PRODS INC	229,400	$6.373M	1.0%	$32.65	—	COM	57772K101
SWK	STANLEY BLACK & DECKER INC	80,600	$6.23M	0.9%	$56.18	+1.4%	COM	854502101
XEL	XCEL ENERGY INC	219,700	$6.226M	0.9%	$18.42	+7.4%	COM	98389B100
FDX	FEDEX CORP	62,100	$6.122M	0.9%	$86.53	-5.3%	COM	31428X106
—	XILINX INC	144,600	$5.728M	0.9%	$38.32	—	COM	983919101
—	ENSCO PLC	97,200	$5.649M	0.8%	$60.00	—	SHS CLASS A	G3157S106
—	POTASH CORP SASK INC	129,000	$4.919M	0.7%	$39.25	—	COM	73755L107
—	BLACKROCK INC	19,100	$4.906M	0.7%	$11.54	—	COM	09247X101
AVB	AVALONBAY CMNTYS INC	31,700	$4.277M	0.6%	$85.02	+3.2%	COM	053484101
—	SL GREEN RLTY CORP	47,393	$4.18M	0.6%	$86.12	—	COM	78440X101
PLD	PROLOGIS INC	103,601	$3.908M	0.6%	$26.94	+3.4%	COM	74340W103
KRC	KILROY RLTY CORP	72,173	$3.826M	0.6%	$52.40	—	COM	49427F108
QCOM	QUALCOMM INC	60,472	$3.694M	0.6%	$46.05	-2.2%	COM	747525103
—	CHICAGO BRIDGE & IRON CO N V	61,500	$3.669M	0.6%	$413.72	—	N Y REGISTRY SH	167250109
HST	HOST HOTELS & RESORTS INC	204,327	$3.447M	0.5%	$10.23	+5.0%	COM	44107P104
—	CELGENE CORP	28,616	$3.345M	0.5%	$9.96	—	COM	151020104
SLB	SCHLUMBERGER LTD	42,162	$3.021M	0.5%	$54.55	-3.0%	COM	806857108
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	47,230	$2.957M	0.4%	$34.28	-14.0%	CL A	192446102
COP	CONOCOPHILLIPS	45,550	$2.756M	0.4%	$38.30	+4.3%	COM	20825C104
PM	PHILIP MORRIS INTL INC	31,227	$2.705M	0.4%	$47.89	+4.1%	COM	718172109
LLY	LILLY ELI & CO	53,446	$2.625M	0.4%	$41.52	+1.7%	COM	532457108
EOG	EOG RES INC	18,520	$2.439M	0.4%	$46.02	+1.1%	COM	26875P101
—	HOME PROPERTIES INC	37,088	$2.424M	0.4%	$63.42	—	COM	437306103
ADBE	ADOBE SYS INC	50,900	$2.319M	0.3%	$39.49	+12.2%	COM	00724F101
—	PALL CORP	34,850	$2.315M	0.3%	$68.37	—	COM	696429307
—	MEDTRONIC INC	44,222	$2.276M	0.3%	$46.95	—	COM	585055106
ELS	EQUITY LIFESTYLE PPTYS INC	28,947	$2.275M	0.3%	$76.79	—	COM	29472R108
—	GENERAL GROWTH PPTYS INC NEW	113,703	$2.259M	0.3%	$19.87	—	COM	370023103
NTAP	NETAPP INC	58,740	$2.219M	0.3%	$25.50	+4.9%	COM	64110D104
—	SYMANTEC CORP	97,500	$2.191M	0.3%	$22.47	—	COM	871503108
T	AT&T INC	61,864	$2.19M	0.3%	$10.79	+5.7%	COM	00206R102
BCO	BRINKS CO	81,500	$2.079M	0.3%	$24.25	-6.1%	COM	109696104
KO	COCA COLA CO	51,120	$2.05M	0.3%	$25.52	+9.2%	COM	191216100
WAB	WABTEC CORP	37,860	$2.023M	0.3%	$46.81	+5.4%	COM	929740108
AXP	AMERICAN EXPRESS CO	26,410	$1.974M	0.3%	$52.03	+14.6%	COM	025816109
TJX	TJX COS INC NEW	38,490	$1.927M	0.3%	$18.91	+10.1%	COM	872540109
—	PRAXAIR INC	16,611	$1.913M	0.3%	$111.52	—	COM	74005P104
BRK/B	BERKSHIRE HATHAWAY INC DEL	16,480	$1.844M	0.3%	$99.00	+11.1%	CL B NEW	084670702
—	NEWFIELD EXPL CO	75,900	$1.813M	0.3%	$22.58	—	COM	651290108
—	CYTEC INDS INC	24,750	$1.813M	0.3%	$50.76	—	COM	232820100
NOC	NORTHROP GRUMMAN CORP	21,769	$1.802M	0.3%	$53.29	+17.5%	COM	666807102
GTLS	CHART INDS INC	18,888	$1.777M	0.3%	$76.99	+13.6%	COM PAR $0.01	16115Q308
RMD	RESMED INC	39,180	$1.768M	0.3%	$37.11	+7.8%	COM	761152107
DHR	DANAHER CORP DEL	27,790	$1.759M	0.3%	$24.66	+1.4%	COM	235851102
SPY	SPDR S&P 500 ETF TR	10,700	$1.712M	0.3%	$159.17	—	TR UNIT	78462F103
MO	ALTRIA GROUP INC	48,590	$1.7M	0.3%	$15.11	+7.7%	COM	02209S103
KR	KROGER CO	48,902	$1.689M	0.3%	$11.30	+19.0%	COM	501044101
—	PENTAIR LTD	28,854	$1.665M	0.3%	$52.75	—	SHS	H6169Q108
TSN	TYSON FOODS INC	64,653	$1.66M	0.2%	$17.45	+8.8%	CL A	902494103
AIG	AMERICAN INTL GROUP INC	36,718	$1.641M	0.2%	$28.53	+13.9%	COM NEW	026874784
PEP	PEPSICO INC	20,048	$1.64M	0.2%	$50.48	+10.9%	COM	713448108
VEA	VANGUARD TAX MANAGED INTL FD	44,000	$1.567M	0.2%	$35.61	—	FTSE DEV MKT ETF	921943858
HON	HONEYWELL INTL INC	19,450	$1.543M	0.2%	$48.29	+10.0%	COM	438516106
OXY	OCCIDENTAL PETE CORP DEL	16,929	$1.511M	0.2%	$55.73	+3.8%	COM	674599105
YUM	YUM BRANDS INC	21,720	$1.506M	0.2%	$37.40	+4.2%	COM	988498101
WMT	WAL-MART STORES INC	19,536	$1.455M	0.2%	$18.31	+9.1%	COM	931142103
PSX	PHILLIPS 66	24,466	$1.441M	0.2%	$39.17	+3.2%	COM	718546104
WWW	WOLVERINE WORLD WIDE INC	26,149	$1.428M	0.2%	$17.34	+16.2%	COM	978097103
CHKP	CHECK POINT SOFTWARE TECH LT	28,663	$1.424M	0.2%	$49.67	-3.1%	ORD	M22465104
WU	WESTERN UN CO	83,000	$1.42M	0.2%	$15.04	—	COM	959802109
FUL	FULLER H B CO	37,360	$1.413M	0.2%	$33.89	-0.6%	COM	359694106
VZ	VERIZON COMMUNICATIONS INC	27,800	$1.399M	0.2%	$23.81	+13.5%	COM	92343V104
BMY	BRISTOL MYERS SQUIBB CO	31,013	$1.386M	0.2%	$24.03	+19.3%	COM	110122108
ABBV	ABBVIE INC	33,312	$1.377M	0.2%	$24.07	+10.3%	COM	00287Y109
—	SHFL ENTMT INC	76,775	$1.36M	0.2%	$16.57	—	COM	78423R105
DOV	DOVER CORP	17,495	$1.359M	0.2%	$37.71	+6.0%	COM	260003108
ARE	ALEXANDRIA REAL ESTATE EQ IN	20,436	$1.343M	0.2%	$45.06	-0.3%	COM	015271109
LYB	LYONDELLBASELL INDUSTRIES N	19,670	$1.308M	0.2%	$32.24	+3.4%	SHS - A -	N53745100
—	COMPUTER SCIENCES CORP	29,626	$1.297M	0.2%	$37.33	—	COM	205363104
—	EQUITY ONE	57,259	$1.296M	0.2%	$23.97	—	COM	294752100
AGCO	AGCO CORP	25,728	$1.291M	0.2%	$41.00	+1.3%	COM	001084102
—	COACH INC	22,425	$1.28M	0.2%	$0.69	—	COM	189754104
—	VARIAN MED SYS INC	18,865	$1.272M	0.2%	$72.02	—	COM	92220P105
—	L-3 COMMUNICATIONS HLDGS INC	14,605	$1.252M	0.2%	$85.72	—	COM	502424104
MPC	MARATHON PETE CORP	17,624	$1.252M	0.2%	$26.83	+2.7%	COM	56585A102
—	ANIXTER INTL INC	16,150	$1.224M	0.2%	$406.13	—	COM	035290105
MOS	MOSAIC CO NEW	22,639	$1.218M	0.2%	$46.46	-0.4%	COM	61945C103
—	TYCO INTERNATIONAL LTD	34,629	$1.141M	0.2%	$32.01	—	SHS	H89128104
—	MINDRAY MEDICAL INTL LTD	29,640	$1.11M	0.2%	$39.94	—	SPON ADR	602675100
—	SEAGATE TECHNOLOGY PLC	24,142	$1.082M	0.2%	$36.58	—	SHS	G7945M107
—	GLATFELTER	42,025	$1.055M	0.2%	$23.39	—	COM	377316104
IBM	INTERNATIONAL BUSINESS MACHS	5,517	$1.054M	0.2%	$117.98	+0.8%	COM	459200101
WKC	WORLD FUEL SVCS CORP	26,260	$1.05M	0.2%	$41.06	-3.1%	COM	981475106
FCX	FREEPORT-MCMORAN COPPER & GO	37,493	$1.035M	0.2%	$25.75	-5.0%	COM	35671D857
IBN	ICICI BK LTD	26,790	$1.025M	0.2%	$42.89	—	ADR	45104G104
—	FLIR SYS INC	37,850	$1.021M	0.2%	$26.01	—	COM	302445101
—	CIGNA CORPORATION	14,074	$1.02M	0.2%	$142.57	—	COM	125509109
—	TESORO CORP	19,096	$999K	0.2%	$58.53	—	COM	881609101
—	ANADARKO PETE CORP	11,500	$988K	0.1%	$30.85	—	COM	032511107
—	CAMERON INTERNATIONAL CORP	16,000	$979K	0.1%	$161.19	—	COM	13342B105
GEF	GREIF INC	18,489	$974K	0.1%	$31.02	+2.5%	CL A	397624107
ELD	WISDOMTREE TR	20,186	$970K	0.1%	$52.56	—	EM LCL DEBT FD	97717X867
MTD	METTLER TOLEDO INTERNATIONAL	4,760	$958K	0.1%	$212.51	+0.2%	COM	592688105
MCD	MCDONALDS CORP	9,628	$953K	0.1%	$67.64	+6.1%	COM	580135101
LPL	LG DISPLAY CO LTD	79,133	$939K	0.1%	$11.87	—	SPONS ADR REP	50186V102
—	MARKET VECTORS ETF TR	38,500	$934K	0.1%	$27.04	—	EM LC CURR DBT	57060U522
—	DU PONT E I DE NEMOURS & CO	17,477	$918K	0.1%	$49.13	—	COM	263534109
HAL	HALLIBURTON CO	22,000	$918K	0.1%	$31.52	+5.4%	COM	406216101
—	PARTNERRE LTD	9,913	$898K	0.1%	$91.24	—	COM	G6852T105
—	SANDERSON FARMS INC	13,248	$880K	0.1%	$54.65	—	COM	800013104
—	WESTERN REFNG INC	30,235	$849K	0.1%	$35.42	—	COM	959319104
—	TAUBMAN CTRS INC	11,216	$843K	0.1%	$77.66	—	COM	876664103
—	GOLDCORP INC NEW	32,925	$814K	0.1%	$33.64	—	COM	380956409
GLW	CORNING INC	56,030	$797K	0.1%	$10.49	0.0%	COM	219350105
—	WELLPOINT INC	9,207	$754K	0.1%	$81.89	—	COM	94973V107
HD	HOME DEPOT INC	9,546	$740K	0.1%	$49.83	+12.5%	COM	437076102
—	DELEK US HLDGS INC	23,059	$664K	0.1%	$39.46	—	COM	246647101
AG	FIRST MAJESTIC SILVER CORP	58,105	$615K	0.1%	$17.56	-34.7%	COM	32076V103
—	YAMANA GOLD INC	64,572	$614K	0.1%	$15.36	—	COM	98462Y100
KMB	KIMBERLY CLARK CORP	6,052	$588K	0.1%	$56.46	+11.7%	COM	494368103
—	JOY GLOBAL INC	12,000	$582K	0.1%	$59.50	—	COM	481165108
BAX	BAXTER INTL INC	8,381	$581K	0.1%	$29.41	+3.4%	COM	071813109
CL	COLGATE PALMOLIVE CO	10,088	$578K	0.1%	$42.87	+3.5%	COM	194162103
CVS	CVS CAREMARK CORPORATION	9,403	$538K	0.1%	$37.07	+11.8%	COM	126650100
PSA	PUBLIC STORAGE	3,500	$537K	0.1%	$97.16	0.0%	COM	74460D109
ABT	ABBOTT LABS	15,312	$534K	0.1%	$26.54	+8.7%	COM	002824100
USB	US BANCORP DEL	14,141	$511K	0.1%	$21.83	+2.7%	COM NEW	902973304
CMCSA	COMCAST CORP NEW	12,165	$509K	0.1%	$15.02	+4.0%	CL A	20030N101
—	FEDERAL REALTY INVT TR	4,800	$498K	0.1%	$108.06	—	SH BEN INT NEW	313747206
SO	SOUTHERN CO	10,728	$473K	0.1%	$25.61	+4.4%	COM	842587107
—	GRUPO FINANCIERO SANTANDER M	33,015	$469K	0.1%	$15.42	—	SPON ADR SHS B	40053C105
—	AOL INC	12,681	$463K	0.1%	$36.51	—	COM	00184X105
—	ALON USA ENERGY INC	31,727	$459K	0.1%	$132.44	—	COM	020520102
MX	MAGNACHIP SEMICONDUCTOR CORP	24,882	$455K	0.1%	$16.11	+4.3%	COM	55933J203
F	FORD MTR CO DEL	29,000	$449K	0.1%	$7.61	0.0%	COM PAR $0.01	345370860
—	HESS CORP	6,500	$432K	0.1%	$71.64	—	COM	42809H107
—	NOBLE ENERGY INC	7,200	$432K	0.1%	$99.44	—	COM	655044105
—	PLATINUM UNDERWRITER HLDGS L	7,430	$425K	0.1%	$57.20	—	COM	G7127P100
EW	EDWARDS LIFESCIENCES CORP	6,300	$423K	0.1%	$14.66	-19.3%	COM	28176E108
—	CAMBREX CORP	30,049	$420K	0.1%	$60.77	—	COM	132011107
TLK	P T TELEKOMUNIKASI INDONESIA	9,699	$415K	0.1%	$45.06	—	SPONSORED ADR	715684106
—	TRIPLE-S MGMT CORP	18,515	$398K	0.1%	$17.45	—	CL B	896749108
WDC	WESTERN DIGITAL CORP	6,278	$390K	0.1%	$35.69	0.0%	COM	958102105
—	ACTIVISION BLIZZARD INC	26,976	$385K	0.1%	$14.27	—	COM	00507V109
—	ANNALY CAP MGMT INC	27,679	$348K	0.1%	$1.55	—	COM	035710409
BAC	BANK OF AMERICA CORPORATION	27,000	$347K	0.1%	$10.03	0.0%	COM	060505104
—	ENERSIS S A	20,447	$335K	0.1%	$16.38	—	SPONSORED ADR	29274F104
AIZ	ASSURANT INC	6,145	$313K	0.0%	$37.94	0.0%	COM	04621X108
—	BEMIS INC	7,957	$311K	0.0%	$39.09	—	COM	081437105
MMM	3M CO	2,412	$264K	0.0%	$57.18	+7.1%	COM	88579Y101
—	AEP INDS INC	3,482	$259K	0.0%	$127.80	—	COM	001031103
—	MONSANTO CO NEW	2,500	$247K	0.0%	$105.60	—	COM	61166W101
NDAQ	NASDAQ OMX GROUP INC	7,400	$243K	0.0%	$8.11	+2.6%	COM	631103108
JBSS	SANFILIPPO JOHN B & SON INC	12,052	$243K	0.0%	$19.40	+2.6%	COM	800422107
DUK	DUKE ENERGY CORP NEW	3,500	$236K	0.0%	$41.83	0.0%	COM NEW	26441C204
BA	BOEING CO	2,272	$233K	0.0%	$65.73	+22.3%	COM	097023105
—	REYNOLDS AMERICAN INC	4,700	$227K	0.0%	$44.47	—	COM	761713106
KMI	KINDER MORGAN INC DEL	5,781	$221K	0.0%	$19.64	+5.2%	COM	49456B101
MDLZ	MONDELEZ INTL INC	7,571	$216K	0.0%	$21.06	+10.0%	CL A	609207105
APD	AIR PRODS & CHEMS INC	2,334	$214K	0.0%	$58.90	+4.5%	COM	009158106
WMB	WILLIAMS COS INC DEL	6,500	$211K	0.0%	$18.03	0.0%	COM	969457100
CAT	CATERPILLAR INC DEL	2,537	$209K	0.0%	$61.55	0.0%	COM	149123101
LMT	LOCKHEED MARTIN CORP	1,924	$209K	0.0%	$71.65	0.0%	COM	539830109
—	AMERICAN CAPITAL AGENCY CORP	9,000	$207K	0.0%	$23.00	—	COM	02503X105
DIS	DISNEY WALT CO	3,261	$206K	0.0%	$48.38	+16.0%	COM DISNEY	254687106
PLAB	PHOTRONICS INC	25,080	$202K	0.0%	$6.24	+19.8%	COM	719405102
SGU	STAR GAS PARTNERS L P	17,194	$84,000	0.0%	$4.61	+4.0%	UNIT LTD PARTNR	85512C105
—	FRONTIER COMMUNICATIONS CORP	20,618	$84,000	0.0%	$4.01	—	COM	35906A108
—	FIVE STAR QUALITY CARE INC	13,429	$75,000	0.0%	$5.58	—	COM	33832D106
—	LIHUA INTL INC	11,878	$57,000	0.0%	$4.80	—	COM	532352101
SYPR	SYPRIS SOLUTIONS INC	13,792	$44,000	0.0%	$4.09	-18.5%	COM	871655106
—	CORINTHIAN COLLEGES INC	14,820	$33,000	0.0%	$76.72	—	COM	218868107