Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft Corp	183,437	$7.519M	3.0%	$25.91	+20.6%	COM	594918104
—	Bunge Ltd	67,976	$7.205M	2.9%	$106.45	—	PFD	g16962220
—	Glaxosmithkline Plc ADRf Spons	123,580	$6.603M	2.7%	$47.12	—	COM	37733w105
—	Dorchester Minerals Lp	234,865	$6.153M	2.5%	$23.27	—	COM	25820r105
—	Verizon Communications	127,104	$6.046M	2.4%	$48.69	—	COM	92343v104
—	Du Pont E I De Nemour & Co	88,245	$5.921M	2.4%	$49.90	—	COM	263534109
JNJ	Johnson & Johnson	58,976	$5.793M	2.3%	$53.26	+25.1%	COM	478160104
—	IAC/InterActive Corp	77,290	$5.518M	2.2%	$44.67	—	COM	44919p508
—	Merck & Co Inc New	94,385	$5.358M	2.2%	$47.99	—	COM	58933y105
PCYO	Purecycle Corp New	871,611	$5.273M	2.1%	$3.74	+67.5%	COM	746228303
—	Conocophillips	74,795	$5.262M	2.1%	$60.60	—	COM	20825c104
—	Cielo S A ADR New	162,325	$5.17M	2.1%	$31.85	—	COM	171778202
—	Canadian Oil Sands LTD F	236,325	$4.951M	2.0%	$20.62	—	COM	13643e105
BIP	Brookfield Infra Ptnrs F	124,936	$4.929M	2.0%	$38.10	—	COM	G16252101
—	Telus Corp Non Voting Shares	132,900	$4.778M	1.9%	$29.63	—	COM	87971m103
—	Spectra Energy Corp	128,250	$4.738M	1.9%	$34.37	—	COM	847560109
—	Meredith Corp.	100,845	$4.682M	1.9%	$38.72	—	COM	589433101
DLR	Digital Realty Trust Inc	85,150	$4.52M	1.8%	$35.60	-7.0%	COM	253868103
—	H C P Inc Reit	113,423	$4.4M	1.8%	$40.79	—	COM	40414l109
FISV	Fiserv Inc	77,589	$4.399M	1.8%	$23.61	+21.1%	COM	337738108
—	Verifone Holdings Inc	123,575	$4.179M	1.7%	$22.62	—	COM	92342y109
—	Jazz Pharmaceuticals	29,885	$4.144M	1.7%	$55.92	—	COM	g50871105
—	Sanofi ADR	77,190	$4.035M	1.6%	$51.20	—	COM	80105n105
—	Philippine Long Distance Telep	64,670	$3.946M	1.6%	$67.49	—	COM	718252604
—	Fleetcor Technologies Inc	32,198	$3.706M	1.5%	$77.06	—	COM	339041105
—	Transocean Inc New F	85,800	$3.547M	1.4%	$48.99	—	COM	h8817h100
—	Principal Financial Grp	74,261	$3.415M	1.4%	$34.03	—	COM	74251v102
—	United Therapeutics Corp	36,280	$3.411M	1.4%	$60.87	—	COM	91307c102
—	St Jude Medical Inc	51,895	$3.393M	1.4%	$40.44	—	COM	790849103
—	Rovi Corporation	138,815	$3.162M	1.3%	$21.51	—	COM	779376102
—	Vantiv Inc	103,352	$3.123M	1.3%	$27.66	—	COM	92210h105
—	Tivo Inc.	233,615	$3.091M	1.3%	$12.49	—	COM	888706108
IART	Integra LifeSciences Holding C	66,820	$3.073M	1.2%	$16.31	+30.8%	COM	457985208
—	Conversant, Inc.	108,605	$3.057M	1.2%	$28.15	—	COM	21249j105
—	Torchmark Corp	38,658	$3.042M	1.2%	$60.12	—	COM	891027104
NDAQ	Nasdaq Stock Market Inc.	79,977	$2.954M	1.2%	$8.37	+27.5%	COM	631103108
FICO	Fair Isaac Corporation	52,718	$2.916M	1.2%	$44.69	+23.3%	COM	303250104
—	Web.com Group Inc	85,075	$2.895M	1.2%	$31.98	—	COM	94733a104
—	Janus Capital Group Inc	262,525	$2.854M	1.2%	$12.13	—	COM	47102x105
—	Dun & Bradstreet Cp New	28,272	$2.809M	1.1%	$83.92	—	COM	26483e100
—	EPL Oil & Gas Inc	71,470	$2.759M	1.1%	$29.90	—	COM	26883d108
EVTC	EVERTEC Inc F	110,880	$2.739M	1.1%	$21.83	0.0%	COM	30040P103
—	EMC Corp	96,065	$2.633M	1.1%	$24.57	—	COM	268648102
—	Neustar, Inc.	77,902	$2.533M	1.0%	$46.29	—	COM	64126x201
—	Vodafone Group New ADR F Spons	67,372	$2.48M	1.0%	$28.65	—	COM	92857w209
—	Questcor Pharmaceuticals	37,955	$2.464M	1.0%	$58.51	—	COM	74835y101
—	Noble Corp PLC	75,080	$2.458M	1.0%	$36.61	—	COM	g65431101
—	Aegerion Pharmaceuticals Inc	50,795	$2.346M	1.0%	$46.19	—	COM	00767e102
—	RPX Corporation	141,544	$2.304M	0.9%	$14.26	—	COM	74972g103
BRK/B	Berkshire Hathaway B New Class	17,995	$2.249M	0.9%	$99.00	+18.0%	COM	084670702
CCU	Compania Cervecerias Unidas S.	99,638	$2.23M	0.9%	$32.52	—	COM	204429104
—	Northern Oil & Gas	150,331	$2.198M	0.9%	$14.39	—	COM	665531109
—	Blucora Inc	110,555	$2.177M	0.9%	$19.69	—	COM	095229100
—	Celgene Corp	13,500	$1.885M	0.8%	$115.94	—	COM	151020104
SYK	Stryker Corp	22,830	$1.86M	0.8%	$54.07	+27.7%	COM	863667101
—	Directv	24,187	$1.848M	0.7%	$56.57	—	COM	25490A309
AMG	Affiliated Managers Group Inc.	9,180	$1.836M	0.7%	$141.17	+34.7%	COM	008252108
AAPL	Apple Inc	3,409	$1.83M	0.7%	$14.15	+17.1%	COM	037833100
—	Fidelity National Info Svcs	33,287	$1.779M	0.7%	$39.62	—	COM	31620m106
—	Hutchison Whampoa ADR F 1 Adr	67,170	$1.779M	0.7%	$20.85	—	COM	448415208
GLW	Corning Inc	82,165	$1.711M	0.7%	$12.05	+14.7%	COM	219350105
—	Marathon Oil Corp	46,732	$1.66M	0.7%	$33.72	—	COM	565849106
QCOM	Qualcomm Inc	20,880	$1.647M	0.7%	$46.43	+16.3%	COM	747525103
STT	State Street Corp	23,595	$1.641M	0.7%	$39.92	+25.7%	COM	857477103
—	Oracle Corporation	39,722	$1.625M	0.7%	$32.40	—	COM	68389x105
AMGN	Amgen Inc	13,080	$1.613M	0.7%	$62.71	+38.6%	COM	031162100
—	Viacom Inc Cl A New	18,815	$1.604M	0.6%	$63.73	—	COM	92553p102
WU	Western Union Co.	93,720	$1.533M	0.6%	$15.12	—	COM	959802109
—	Actavis PLC F	7,405	$1.524M	0.6%	$205.81	—	COM	g0083b108
AIG	American Intl Group New	29,830	$1.492M	0.6%	$33.00	+14.7%	COM	026874784
—	Molson Coors Brewing CLB	24,995	$1.471M	0.6%	$58.85	—	COM	60871r209
GIS	General Mills Inc	28,320	$1.468M	0.6%	$28.64	+15.1%	COM	370334104
OXY	Occidental Petroleum	14,480	$1.38M	0.6%	$63.37	-1.4%	COM	674599105
—	Citrix Systems	23,305	$1.339M	0.5%	$63.27	—	COM	177376100
—	Ensco PLC Class A	21,480	$1.134M	0.5%	$59.87	—	COM	g3157s106
—	Telefonica Brasil SA ADR	45,796	$973K	0.4%	$26.44	—	COM	87936r106
—	Liberty Global Inc CL AF	17,185	$715K	0.3%	$79.15	—	COM	g5480u104
—	Liberty Global Inc CL K	17,185	$700K	0.3%	$40.73	—	COM	g5480u120
—	3M Company	2,367	$321K	0.1%	$140.33	—	COM	88579y101
—	Energy Transfer Partners Units	4,765	$256K	0.1%	$50.79	—	COM	29273r109
—	S&P 500 Depositary Receipt	1,150	$215K	0.1%	$186.96	—	COM	78462f103
—	Exxon Mobil Corporation	2,080	$203K	0.1%	$90.09	—	COM	30231g102
—	Xcel Energy Inc	6,700	$203K	0.1%	$30.30	—	COM	98389b100