Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft Corp	180,764	$7.538M	3.1%	$25.91	+31.1%	COM	594918104
—	Dorchester Minerals Lp	229,795	$7.018M	2.8%	$23.27	—	COM	25820r105
—	Bunge Ltd	66,158	$6.877M	2.8%	$106.45	—	PFD	g16962220
—	Cielo S A ADR New	321,084	$6.653M	2.7%	$26.35	—	COM	171778202
—	Glaxosmithkline Plc ADRf Spons	121,669	$6.507M	2.6%	$47.12	—	COM	37733w105
—	Verizon Communications	124,469	$6.09M	2.5%	$48.69	—	COM	92343v104
JNJ	Johnson & Johnson	57,516	$6.017M	2.4%	$53.26	+37.3%	COM	478160104
PCYO	Purecycle Corp New	852,948	$5.774M	2.3%	$3.74	+52.6%	COM	746228303
—	Du Pont E I De Nemour & Co	85,525	$5.597M	2.3%	$49.90	—	COM	263534109
—	Merck & Co Inc New	93,741	$5.423M	2.2%	$47.99	—	COM	58933y105
—	Spectra Energy Corp	125,662	$5.338M	2.2%	$34.37	—	COM	847560109
—	IAC/InterActive Corp	75,735	$5.243M	2.1%	$44.67	—	COM	44919p508
BIP	Brookfield Infra Ptnrs F	124,833	$5.208M	2.1%	$38.10	—	COM	G16252101
—	Canadian Oil Sands LTD F	226,609	$5.135M	2.1%	$20.62	—	COM	13643e105
DLR	Digital Realty Trust Inc	84,961	$4.955M	2.0%	$35.60	+1.7%	COM	253868103
—	Telus Corp Non Voting Shares	130,584	$4.863M	2.0%	$29.63	—	COM	87971m103
—	Meredith Corp.	99,866	$4.83M	2.0%	$38.72	—	COM	589433101
—	H C P Inc Reit	111,002	$4.593M	1.9%	$40.79	—	COM	40414l109
CAG	Conagra Foods Inc	153,640	$4.56M	1.9%	$16.30	0.0%	COM	205887102
—	Credit Suisse Group ADR	156,485	$4.439M	1.8%	$28.37	—	COM	225401108
—	Verifone Holdings Inc	120,569	$4.431M	1.8%	$22.62	—	COM	92342y109
—	Jazz Pharmaceuticals	29,350	$4.315M	1.8%	$55.92	—	COM	g50871105
—	Philippine Long Distance Telep	63,639	$4.288M	1.7%	$67.49	—	COM	718252604
—	Fleetcor Technologies Inc	31,568	$4.161M	1.7%	$77.06	—	COM	339041105
—	Sanofi ADR	75,901	$4.036M	1.6%	$51.20	—	COM	80105n105
—	Interdigital Inc.	77,780	$3.718M	1.5%	$47.80	—	COM	45867g101
—	Principal Financial Grp	72,929	$3.681M	1.5%	$34.03	—	COM	74251v102
—	St Jude Medical Inc	51,220	$3.547M	1.4%	$40.44	—	COM	790849103
—	Questcor Pharmaceuticals	37,155	$3.436M	1.4%	$58.51	—	COM	74835y101
—	Vantiv Inc	101,190	$3.402M	1.4%	$27.66	—	COM	92210h105
FICO	Fair Isaac Corporation	51,760	$3.3M	1.3%	$44.69	+27.5%	COM	303250104
—	Rovi Corporation	136,063	$3.26M	1.3%	$21.51	—	COM	779376102
—	Janus Capital Group Inc	258,216	$3.223M	1.3%	$12.13	—	COM	47102x105
—	United Therapeutics Corp	35,639	$3.154M	1.3%	$60.87	—	COM	91307c102
—	Torchmark Corp	37,815	$3.098M	1.3%	$60.12	—	COM	891027104
IART	Integra LifeSciences Holding C	65,658	$3.09M	1.3%	$16.31	+26.3%	COM	457985208
—	Dun & Bradstreet Cp New	27,805	$3.064M	1.2%	$83.92	—	COM	26483e100
—	Tivo Inc.	236,860	$3.058M	1.2%	$12.50	—	COM	888706108
NDAQ	Nasdaq Stock Market Inc.	78,458	$3.03M	1.2%	$8.37	+21.0%	COM	631103108
FISV	Fiserv Inc	47,405	$2.859M	1.2%	$23.61	+25.5%	COM	337738108
—	Blucora Inc	150,395	$2.838M	1.2%	$19.47	—	COM	095229100
OTEX	Open Text Corporation	58,465	$2.803M	1.1%	$18.51	0.0%	COM	683715106
—	Conversant, Inc.	107,575	$2.732M	1.1%	$28.15	—	COM	21249j105
EVTC	EVERTEC Inc F	109,857	$2.663M	1.1%	$21.83	-3.2%	COM	30040P103
—	RPX Corporation	138,892	$2.465M	1.0%	$14.26	—	COM	74972g103
—	Web.com Group Inc	83,562	$2.412M	1.0%	$31.98	—	COM	94733a104
—	EMC Corp	89,600	$2.36M	1.0%	$24.57	—	COM	268648102
—	Celgene Corp	26,710	$2.294M	0.9%	$101.07	—	COM	151020104
BRK/B	Berkshire Hathaway B New Class	17,575	$2.224M	0.9%	$99.00	+27.8%	COM	084670702
AAPL	Apple Inc	22,482	$2.089M	0.8%	$17.97	+3.8%	COM	037833100
—	Directv	23,466	$1.995M	0.8%	$56.57	—	COM	25490A309
AMG	Affiliated Managers Group Inc.	9,040	$1.857M	0.8%	$141.17	+32.6%	COM	008252108
SYK	Stryker Corp	21,915	$1.848M	0.8%	$54.07	+31.6%	COM	863667101
—	Molson Coors Brewing CLB	24,620	$1.826M	0.7%	$58.85	—	COM	60871r209
—	Hutchison Whampoa ADR F 1 Adr	66,568	$1.821M	0.7%	$20.85	—	COM	448415208
GLW	Corning Inc	81,705	$1.793M	0.7%	$12.05	+30.1%	COM	219350105
—	Fidelity National Info Svcs	32,578	$1.783M	0.7%	$39.62	—	COM	31620m106
HAL	Halliburton	23,250	$1.651M	0.7%	$51.48	0.0%	COM	406216101
QCOM	Qualcomm Inc	20,705	$1.64M	0.7%	$46.43	+23.4%	COM	747525103
—	Viacom Inc Cl A New	18,735	$1.625M	0.7%	$63.73	—	COM	92553p102
AIG	American Intl Group New	29,415	$1.605M	0.7%	$33.00	+22.4%	COM	026874784
—	Oracle Corporation	39,457	$1.599M	0.6%	$32.40	—	COM	68389x105
—	Actavis PLC F	7,085	$1.58M	0.6%	$205.81	—	COM	g0083b108
STT	State Street Corp	23,270	$1.565M	0.6%	$39.92	+20.0%	COM	857477103
GILD	Gilead Sciences Inc.	18,860	$1.564M	0.6%	$54.08	0.0%	COM	375558103
AMGN	Amgen Inc	12,895	$1.526M	0.6%	$62.71	+32.9%	COM	031162100
OXY	Occidental Petroleum	14,465	$1.485M	0.6%	$63.37	+4.4%	COM	674599105
GIS	General Mills Inc	28,185	$1.481M	0.6%	$28.64	+24.9%	COM	370334104
—	Citrix Systems	23,255	$1.455M	0.6%	$63.27	—	COM	177376100
IBM	Intl Business Machines	8,020	$1.454M	0.6%	$112.28	0.0%	COM	459200101
—	Deutsche Bank AG	37,065	$1.304M	0.5%	$35.18	—	COM	d18190898
—	Telefonica Brasil SA ADR	45,971	$943K	0.4%	$26.44	—	COM	87936r106
—	Liberty Global Inc CL AF	16,955	$750K	0.3%	$79.15	—	COM	g5480u104
—	Liberty Global Inc CL K	16,955	$717K	0.3%	$40.73	—	COM	g5480u120
—	Aegerion Pharmaceuticals Inc	17,125	$550K	0.2%	$46.19	—	COM	00767e102
—	3M Company	2,197	$315K	0.1%	$140.33	—	COM	88579y101
—	Energy Transfer Partners Units	4,765	$276K	0.1%	$50.79	—	COM	29273r109
—	S&P 500 Depositary Receipt	1,150	$225K	0.1%	$186.96	—	COM	78462f103
—	Xcel Energy Inc	6,700	$216K	0.1%	$30.30	—	COM	98389b100
—	Exxon Mobil Corporation	2,080	$209K	0.1%	$90.09	—	COM	30231g102