Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MAGELLAN MIDSTREAM PRTNRS LP	3,231,076	$267M	6.8%	$82.66	$54.53	—	COM UNIT RP LP	559080106
KMI	KINDER MORGAN INC DEL	5,846,842	$247M	6.3%	$42.31 *	$22.18	+9.1%	COM	49456B101
EPD	ENTERPRISE PRODS PARTNERS L	6,498,362	$235M	6.0%	$36.12	$49.78	—	COM	293792107
ET	ENERGY TRANSFER EQUITY L P	3,707,054	$213M	5.4%	$57.38	$53.33	—	COM UT LTD PTN	29273V100
—	BUCKEYE PARTNERS L P	2,430,647	$184M	4.7%	$75.66	$70.97	—	UNIT LTD PARTN	118230101
WMB	WILLIAMS COS INC DEL	4,072,509	$183M	4.7%	$44.94 *	$20.55	+17.3%	COM	969457100
OKE	ONEOK INC NEW	3,197,075	$159M	4.1%	$49.79 *	$22.16	+13.4%	COM	682680103
PAA	PLAINS ALL AMERN PIPELINE L	2,477,284	$127M	3.2%	$51.32	$55.53	—	UNIT LTD PARTN	726503105
—	PLAINS GP HLDGS L P	4,570,523	$117M	3.0%	$25.68	$27.05	—	SHS A REP LTPN	72651A108
—	ENBRIDGE ENERGY MANAGEMENT L	2,661,443	$103M	2.6%	$38.79	$30.64	—	SHS UNITS LLI	29250X103
—	SPECTRA ENERGY PARTNERS LP	1,699,520	$96.82M	2.5%	$56.97	$46.10	—	COM	84756N109
—	REGENCY ENERGY PARTNERS L P	3,765,447	$90.37M	2.3%	$24.00	$28.16	—	COM UNITS L P	75885y107
—	SEMGROUP CORP	1,231,404	$84.22M	2.2%	$68.39	$73.38	—	CL A	81663a105
—	MARKWEST ENERGY PARTNERS L P	958,766	$64.42M	1.6%	$67.19	$66.96	—	UNIT LTD PARTN	570759100
—	DCP MIDSTREAM PARTNERS LP	1,412,296	$64.16M	1.6%	$45.43	$53.00	—	COM UT LTD PTN	23311P100
—	NGL ENERGY PARTNERS LP	2,235,271	$62.56M	1.6%	$27.99	$35.58	—	COM UNIT REPST	62913m107
—	TEEKAY CORPORATION	1,186,790	$60.4M	1.5%	$50.89	$56.12	—	COM	Y8564W103
—	SUMMIT MIDSTREAM PARTNERS LP	1,219,869	$46.35M	1.2%	$38.00	$34.26	—	COM UNIT LTD	866142102
—	CRESTWOOD MIDSTREAM PARTNERS	2,826,901	$42.91M	1.1%	$15.18	$24.73	—	UNIT LTD PARTNER	226378107
—	TEEKAY OFFSHORE PARTNERS L P	1,552,528	$41.59M	1.1%	$26.79	$31.91	—	PARTNERSHIP UN	Y8565J101
—	TC PIPELINES LP	558,263	$39.76M	1.0%	$71.22	$49.11	—	UT COM LTD PRT	87233Q108
—	MIDCOAST ENERGY PARTNERS L P	2,738,114	$37.46M	1.0%	$13.68	$19.27	—	COM UT LTD PTN	59564n103
—	WESTERN GAS PARTNERS LP	485,567	$35.47M	0.9%	$73.05	$64.89	—	COM UNIT LP IN	958254104
KNOP	KNOT OFFSHORE PARTNERS LP	1,555,970	$34.6M	0.9%	$22.24 *	$8.89	-3.0%	COM UNITS	Y48125101
—	SEADRILL PARTNERS LLC	2,097,996	$34.05M	0.9%	$16.23	$29.07	—	COMUNIT REP LB	y7545W109
—	TARGA RES CORP	297,879	$31.59M	0.8%	$106.05	$76.57	—	COM	87612g101
—	ATLAS ENERGY LP	917,250	$28.57M	0.7%	$31.15	$41.66	—	COM UNITS LP	04930A104
—	GASLOG PARTNERS LP	1,062,812	$26.82M	0.7%	$25.24	$33.69	—	UNIT LTD PTNRP	Y2687W108
DLNG	DYNAGAS LNG PARTNERS LP	1,537,807	$25.14M	0.6%	$16.35	$22.38	—	COM UNIT LTD PT	Y2188B108
—	QEP MIDSTREAM PARTNERS LP	1,457,484	$24.47M	0.6%	$16.79	$22.73	—	COM UNIT RP LTD	74735R115
—	CAPITAL PRODUCT PARTNERS L P	2,908,642	$23.27M	0.6%	$8.00	$9.91	—	COM UNIT LP	y11082107
—	WILLIAMS PARTNERS L P	518,585	$23.21M	0.6%	$44.75	$51.71	—	COM UNIT L P	96950F104
AAPL	APPLE INC	202,651	$22.37M	0.6%	$110.38 *	$17.84	+37.2%	COM	037833100
—	SPECTRA ENERGY CORP	612,060	$22.22M	0.6%	$36.30	$37.07	—	COM	847560109
—	VTTI ENERGY PARTNERS LP	879,121	$21.79M	0.6%	$24.79	$25.02	—	COM UNIT RP LT	Y9384M101
—	UBS AG JERSEY BRANCH	371,650	$21.39M	0.5%	$57.54	$56.47	—	2XMN ALR MLP INF	902664200
—	GASLOG LTD	1,050,608	$21.38M	0.5%	$20.35	$19.09	—	SHS	g37585109
—	GOLAR LNG PARTNERS LP	635,402	$19.79M	0.5%	$31.15	$32.54	—	COM UNIT LPI	Y2745C102
—	TRANSOCEAN PARTNERS LLC	1,341,135	$19.61M	0.5%	$14.62	$23.16	—	COM UNIT RP LT	y8977y100
—	NUSTAR GP HOLDINGS LLC	563,160	$19.38M	0.5%	$34.42	$26.73	—	UNIT RESTG LLC	67059L102
—	ENERGY TRANSFER PRTNRS L P	276,348	$17.96M	0.5%	$65.00	$56.82	—	UNIT LTD PARTN	29273r109
—	SHIRE PLC	81,858	$17.4M	0.4%	$212.54	$134.71	—	SPONSORED ADR	82481r106
MGA	MAGNA INTL INC	158,958	$17.28M	0.4%	$108.69 *	$26.72	+48.8%	COM	559222401
—	JPMORGAN CHASE & CO	360,140	$16.55M	0.4%	$45.95	$46.08	—	ALERIAN ML ETN	46625H365
—	HOEGH LNG PARTNERS LP	744,735	$15.37M	0.4%	$20.64	$22.49	—	COM UNIT LTD	Y3262R100
—	AETNA INC NEW	165,503	$14.7M	0.4%	$88.83	$63.54	—	COM	00817y108
AIG	AMERICAN INTL GROUP INC	261,362	$14.64M	0.4%	$56.01 *	$32.51	+32.3%	COM NEW	026874784
—	HEWLETT PACKARD CO	362,242	$14.54M	0.4%	$40.13	$34.82	—	COM	428236103
—	BT GROUP PLC	233,751	$14.49M	0.4%	$61.99	$46.99	—	ADR	05577E101
KO	COCA COLA CO	340,360	$14.37M	0.4%	$42.22 *	$28.62	+4.3%	COM	191216100
—	EXXON MOBIL CORP	150,432	$13.91M	0.4%	$92.45	$90.51	—	COM	30231g102
—	ENLINK MIDSTREAM LLC	367,007	$13.05M	0.3%	$35.56	$34.27	—	COM UNIT REP LTD	29336t100
—	SHELL MIDSTREAM PARTNERS L P	300,000	$12.29M	0.3%	$40.98	$40.98	—	UNIT LTD INT	822634101
—	LINNCO LLC	1,181,942	$12.26M	0.3%	$10.37	$30.63	—	COMSHS LTD INT	535782106
—	CELGENE CORP	104,080	$11.64M	0.3%	$111.86	$125.81	—	COM	151020104
ING	ING GROEP N V	887,923	$11.52M	0.3%	$12.97	$13.12	-1.1%	SPONSORED ADR	456837103
—	CREDIT SUISSE NASSAU BRH	355,997	$11.37M	0.3%	$31.93	$29.70	—	EQL WGT MLP LKD	22542d852
—	SOUTHCROSS ENERGY PARTNERS L	703,102	$11.18M	0.3%	$15.90	$17.29	—	COM UNIT LTDPT	84130C100
—	HUANENG PWR INTL INC	205,906	$11.15M	0.3%	$54.17	$48.02	—	SPON ADR H SHS	443304100
BRK/B	BERKSHIRE HATHAWAY INC DEL	70,232	$10.54M	0.3%	$150.15	$110.02	+36.5%	CL B NEW	084670702
—	JPMORGAN CHASE & CO	162,686	$10.18M	0.3%	$62.58	$52.51	—	COM	46625h100
—	ROYAL DUTCH SHELL PLC	148,157	$9.919M	0.3%	$66.95	$67.71	—	SPONS ADR A	780259206
—	NAVIOS MARITIME MIDSTREAM LP	787,000	$9.562M	0.2%	$12.15	$12.15	—	COM UNIT LTD	y62134104
—	SANOFI	206,991	$9.441M	0.2%	$45.61	$53.22	—	SPONSORED ADR	80105n105
—	CONE MIDSTREAM PARTNERS LP	390,500	$9.419M	0.2%	$24.12	$27.94	—	COM UNIT REPST	206812109
—	MERCK & CO INC NEW	164,613	$9.348M	0.2%	$56.79	$46.45	—	COM	58933y105
IX	ORIX CORP	148,034	$9.257M	0.2%	$62.53	$71.70	-12.8%	SPONSORED ADR	686330101
VC	VISTEON CORP	85,220	$9.107M	0.2%	$106.86 *	$48.07	+28.1%	COM NEW	92839U206
ORANY	ORANGE	534,894	$9.05M	0.2%	$16.92	$14.14	+19.6%	SPONSORED ADR	684060106
—	TOTAL S A	173,315	$8.874M	0.2%	$51.20	$51.20	—	SPONSORED ADR	89151e109
—	HANESBRANDS INC	78,669	$8.781M	0.2%	$111.62	$51.42	—	COM	410345102
NVO	NOVO-NORDISK A S	204,699	$8.663M	0.2%	$42.32	$33.29	+27.1%	ADR	670100205
ELV	ANTHEM INC	68,781	$8.644M	0.2%	$125.67 *	$105.54	+1.9%	COM	036752103
—	NOVARTIS A G	92,643	$8.584M	0.2%	$92.66	$70.71	—	SPONSORED ADR	66987v109
HON	HONEYWELL INTL INC	84,415	$8.435M	0.2%	$99.92 *	$53.13	+34.5%	COM	438516106
JNJ	JOHNSON & JOHNSON	77,773	$8.133M	0.2%	$104.57 *	$59.66	+29.1%	COM	478160104
HIG	HARTFORD FINL SVCS GROUP INC	192,014	$8.005M	0.2%	$41.69 *	$25.67	+28.7%	COM	416515104
—	SUNTRUST BKS INC	190,882	$7.998M	0.2%	$41.90	$31.57	—	COM	867914103
—	CHENIERE ENERGY PARTNERS LP	246,910	$7.901M	0.2%	$32.00	$32.00	—	COM UNIT	16411q101
—	DOMINION MIDSTREAM PARTNERS	200,000	$7.84M	0.2%	$39.20	$39.20	—	COM UT REP LTD	257454108
—	STARZ	261,503	$7.767M	0.2%	$29.70	$22.10	—	COM SER A	85571q102
LEA	LEAR CORP	78,606	$7.71M	0.2%	$98.08 *	$77.35	+4.6%	COM NEW	521865204
—	LINN ENERGY LLC	760,740	$7.706M	0.2%	$10.13	$10.13	—	UNIT LTD LIAB	536020100
CVS	CVS HEALTH CORP	79,930	$7.698M	0.2%	$96.31 *	$47.60	+48.1%	COM	126650100
—	NXP SEMICONDUCTORS N V	100,445	$7.674M	0.2%	$76.40	$76.40	—	COM	n6596x109
IP	INTL PAPER CO	142,272	$7.623M	0.2%	$53.58 *	$27.26	+17.0%	COM	460146103
BTI	BRITISH AMERN TOB PLC	67,063	$7.231M	0.2%	$107.82	$110.10	-2.1%	SPONSORED ADR	110448107
—	ENBRIDGE ENERGY PARTNERS L P	180,723	$7.211M	0.2%	$39.90	$32.01	—	COM	29250R106
—	ARC LOGISTICS PARTNERS LP	415,288	$7.085M	0.2%	$17.06	$21.90	—	COM UT REP LPN	03879n101
—	CHENIERE ENERGY PTNRS LP HLD	306,829	$6.913M	0.2%	$22.53	$22.40	—	COM REP LLC IN	16411w108
TDG	TRANSDIGM GROUP INC	33,631	$6.603M	0.2%	$196.34 *	$70.58	+73.9%	COM	893641100
—	CANADIAN PAC RY LTD	34,218	$6.594M	0.2%	$192.71	$123.28	—	COM	13645t100
—	AEGON N V	875,017	$6.563M	0.2%	$7.50	$8.76	—	NY REGISTRY SH	007924103
—	UBS AG LONDON BRH	225,885	$6.551M	0.2%	$29.00	$28.80	—	ETRAC ALER MLP	90267b682
—	BROOKFIELD RESIDENTIAL PPTYS	270,297	$6.503M	0.2%	$24.06	$22.06	—	COM	11283W104
—	WISDOMTREE TR	125,337	$6.451M	0.2%	$51.47	$54.67	—	EUROPE SMCP DV	97717w869
HD	HOME DEPOT INC	59,965	$6.295M	0.2%	$104.98 *	$57.01	+42.3%	COM	437076102
BUD	ANHEUSER BUSCH INBEV SA/NV	55,248	$6.205M	0.2%	$112.31	$95.27	+17.9%	SPONSORED ADR	03524A108
—	CAPITAL ONE FINL CORP	74,551	$6.154M	0.2%	$82.55	$62.81	—	COM	14040h105
—	YAHOO INC	121,530	$6.138M	0.2%	$50.51	$29.05	—	COM	984332106
—	CISCO SYS INC	216,231	$6.014M	0.2%	$27.81	$24.33	—	COM	17275r102
EAT	BRINKER INTL INC	100,314	$5.887M	0.2%	$58.69 *	$32.07	+54.2%	COM	109641100
IGSB	ISHARES	55,400	$5.827M	0.1%	$105.18 *	$52.48	+0.2%	1-3 YR CR BD ETF	464288646
QCOM	QUALCOMM INC	77,259	$5.743M	0.1%	$74.33 *	$45.06	+20.7%	COM	747525103
CVX	CHEVRON CORP NEW	49,563	$5.56M	0.1%	$112.18 *	$71.30	-1.9%	COM	166764100
PM	PHILIP MORRIS INTL INC	64,856	$5.282M	0.1%	$81.44 *	$49.85	-5.3%	COM	718172109
SU	SUNCOR ENERGY INC NEW	164,455	$5.226M	0.1%	$31.78 *	$22.80	-5.3%	COM	867224107
—	SPIRIT AIRLS INC	67,685	$5.116M	0.1%	$75.59	$75.59	—	COM	848577102
WLKP	WESTLAKE CHEM PARTNERS LP	175,000	$5.075M	0.1%	$29.00	$29.00	—	COM UNIT RP LP	960417103
EWX	SPDR INDEX SHS FDS	114,436	$5.074M	0.1%	$44.34	$48.60	-8.8%	S&P EMKTSC ETF	78463X756
—	CHECK POINT SOFTWARE TECH LT	64,245	$5.048M	0.1%	$78.57	$50.01	—	ORD	m22465104
—	BROOKFIELD ASSET MGMT INC	100,551	$5.041M	0.1%	$50.13	$36.02	—	CL A LTD VT SH	112585104
—	BARCLAYS BK PLC	166,900	$5.004M	0.1%	$29.98	$28.67	—	IPATH S&P MLP	06742A750
—	ENABLE MIDSTREAM PARTNERS LP	257,640	$4.996M	0.1%	$19.39	$25.30	—	COM UNIT RP IN	292480100
ENB	ENBRIDGE INC	96,336	$4.953M	0.1%	$51.41 *	$24.13	+15.0%	COM	29250N105
INTC	INTEL CORP	135,998	$4.935M	0.1%	$36.29 *	$16.91	+64.7%	COM	458140100
SLB	SCHLUMBERGER LTD	57,568	$4.917M	0.1%	$85.41 *	$56.24	+11.5%	COM	806857108
CPA	COPA HOLDINGS SA	46,926	$4.863M	0.1%	$103.63 *	$91.65	-19.0%	CL A	P31076105
—	TERRAFORM PWR INC	156,600	$4.836M	0.1%	$30.88	$28.96	—	CL A COM	88104R100
—	ST JUDE MED INC	74,270	$4.83M	0.1%	$65.03	$45.63	—	COM	790849103
ALK	ALASKA AIR GROUP INC	80,411	$4.805M	0.1%	$59.76 *	$42.84	+27.6%	COM	011659109
HSBC	HSBC HLDGS PLC	98,991	$4.675M	0.1%	$47.23	$54.30	-13.0%	SPON ADR NEW	404280406
—	GOOGLE INC	8,851	$4.659M	0.1%	$526.38	$575.32	—	CL C	38259p706
—	GOOGLE INC	8,746	$4.641M	0.1%	$530.64	$880.36	—	CL A	38259P508
EFA	ISHARES TR	75,938	$4.62M	0.1%	$60.84	$62.11	-2.0%	MSCI EAFE ETF	464287465
—	NUSTAR ENERGY LP	78,375	$4.526M	0.1%	$57.75	$46.85	—	UNIT COM	67058H102
—	ALLEGION PUB LTD CO	81,476	$4.519M	0.1%	$55.46	$50.53	—	ORD SHS	g0176j109
DIS	DISNEY WALT CO	47,396	$4.464M	0.1%	$94.19 *	$56.11	+52.9%	COM DISNEY	254687106
—	TRANSCANADA CORP	89,200	$4.38M	0.1%	$49.10	$46.77	—	COM	89353d107
PEP	PEPSICO INC	42,767	$4.044M	0.1%	$94.56 *	$56.00	+21.4%	COM	713448108
—	NATIONAL GRID PLC	57,079	$4.033M	0.1%	$70.66	$56.68	—	SPON ADR NEW	636274300
DDS	DILLARDS INC	31,715	$3.97M	0.1%	$125.18 *	$86.26	+7.8%	CL A	254067101
—	JP ENERGY PARTNERS LP	315,500	$3.859M	0.1%	$12.23	$12.23	—	UNT REPST LTD	46643c109
—	ABENGOA YIELD PLC	140,400	$3.836M	0.1%	$27.32	$37.02	—	ORD SHS	G00349103
WFC	WELLS FARGO & CO NEW	69,299	$3.799M	0.1%	$54.82 *	$27.36	+47.1%	COM	949746101
HMC	HONDA MOTOR LTD	124,862	$3.686M	0.1%	$29.52	$38.81	-23.9%	AMERN SHS	438128308
RIO	RIO TINTO PLC	74,697	$3.441M	0.1%	$46.07	$51.15	-10.0%	SPONSORED ADR	767204100
AMGN	AMGEN INC	21,380	$3.406M	0.1%	$159.31 *	$113.30	+2.4%	COM	031162100
—	INGERSOLL-RAND PLC	53,710	$3.405M	0.1%	$63.40	$55.74	—	SHS	g47791101
SNN	SMITH & NEPHEW PLC	88,000	$3.233M	0.1%	$36.74	$28.16	+30.5%	SPDN ADR NEW	83175M205
EEM	ISHARES TR	81,118	$3.187M	0.1%	$39.29	$40.46	-2.9%	MSCI EMG MKT ETF	464287234
—	PBF LOGISTICS LP	147,738	$3.154M	0.1%	$21.35	$26.57	—	UNIT LTD PTNR	69318q104
—	PRICELINE GRP INC	2,762	$3.149M	0.1%	$1140.12	$1191.78	—	COM NEW	741503403
—	EQT MIDSTREAM PARTNERS LP	34,487	$3.035M	0.1%	$88.00	$49.81	—	UNIT LTD PARTN	26885b100
SAP	SAP SE	42,729	$2.976M	0.1%	$69.65	$77.74	-10.4%	SPON ADR	803054204
—	UBS AG JERSEY BRH	79,900	$2.852M	0.1%	$35.69	$35.74	—	LKD ALRN NTGAS	902641620
—	SPDR SERIES TRUST	56,910	$2.724M	0.1%	$47.87	$47.87	—	S&P OILGAS EXP	78464a730
—	COVIDIEN PLC	26,505	$2.711M	0.1%	$102.28	$102.28	—	SHS	g2554f113
—	NATIONAL OILWELL VARCO INC	39,604	$2.595M	0.1%	$65.52	$68.89	—	COM	637071101
FMS	FRESENIUS MED CARE AG&CO KGA	61,080	$2.269M	0.1%	$37.15	$34.54	+7.5%	SPONSORED ADR	358029106
—	SUNOCO LOGISTICS PRTNRS L P	54,198	$2.264M	0.1%	$41.77	$57.68	—	COM UNITS	86764L108
—	GRAN TIERRA ENERGY INC	585,235	$2.253M	0.1%	$3.85	$7.19	—	COM	38500t101
SPY	SPDR S&P 500 ETF TR	10,115	$2.079M	0.1%	$205.54	$170.47	+20.6%	TR UNIT	78462F103
—	GENERAL ELECTRIC CO	81,699	$2.065M	0.1%	$25.28	$23.19	—	COM	369604103
MSFT	MICROSOFT CORP	44,264	$2.056M	0.1%	$46.45 *	$26.94	+47.0%	COM	594918104
—	TEEKAY LNG PARTNERS L P	38,268	$1.646M	0.0%	$43.01	$43.69	—	PRTNRSP UNITS	y8564m105
—	POWERSHARES QQQ TRUST	15,890	$1.641M	0.0%	$103.27	$79.75	—	UNIT SER 1	73935a104
PFE	PFIZER INC	50,636	$1.577M	0.0%	$31.14 *	$16.46	+12.9%	COM	717081103
—	ALTRIA GROUP INC	31,938	$1.574M	0.0%	$49.28	$34.98	—	COM	02209s103
OXY	OCCIDENTAL PETE CORP DEL	17,286	$1.393M	0.0%	$80.59 *	$57.83	+0.1%	COM	674599105
EUFN	ISHARES	61,565	$1.356M	0.0%	$22.03	$22.78	-3.3%	MSCI EURO FL ETF	464289180
WMT	WAL-MART STORES INC	13,805	$1.186M	0.0%	$85.91 *	$19.98	+16.2%	COM	931142103
IBN	ICICI BK LTD	100,500	$1.161M	0.0%	$11.55	$10.28	+12.3%	ADR	45104G104
—	STATOIL ASA	64,693	$1.139M	0.0%	$17.61	$23.54	—	SPONSORED ADR	85771P102
—	MARINE HARVEST ASA	81,800	$1.117M	0.0%	$13.66	$11.79	—	SPONSORED ADR	56824r205
NTTYY	NIPPON TELEG & TEL CORP	43,145	$1.105M	0.0%	$25.61	$28.40	-9.8%	SPONSORED ADR	654624105
—	PHILIPPINE LONG DISTANCE TEL	16,700	$1.057M	0.0%	$63.29	$65.68	—	SPONSORED ADR	718252604
EMR	EMERSON ELEC CO	16,836	$1.039M	0.0%	$61.71 *	$40.02	+14.7%	COM	291011104
—	HESS CORP	13,695	$1.011M	0.0%	$73.82	$89.10	—	COM	42809h107
VWO	VANGUARD INTL EQUITY INDEX F	25,105	$1.005M	0.0%	$40.03	$39.56	+1.2%	FTSE EMR MKT ETF	922042858
—	ORBOTECH LTD	61,750	$914K	0.0%	$14.80	$14.46	—	ORD	M75253100
—	ANADARKO PETE CORP	10,727	$885K	0.0%	$82.50	$84.70	—	COM	032511107
BIIB	BIOGEN IDEC INC	2,600	$883K	0.0%	$339.62	$213.68	+58.9%	COM	09062X103
SMFG	SUMITOMO MITSUI FINL GROUP I	121,050	$881K	0.0%	$7.28	$8.93	-18.5%	SPONSORED ADR	86562M209
—	COMPANHIA PARANAENSE ENERG C	66,720	$879K	0.0%	$13.17	$13.31	—	SPON ADR PFD	20441b407
PG	PROCTER & GAMBLE CO	9,275	$845K	0.0%	$91.11 *	$55.00	+21.8%	COM	742718109
OTEX	OPEN TEXT CORP	14,000	$816K	0.0%	$58.29 *	$17.57	+30.6%	COM	683715106
JBSS	SANFILIPPO JOHN B & SON INC	15,265	$695K	0.0%	$45.53	$24.19	+88.1%	COM	800422107
IWM	ISHARES TR	5,700	$682K	0.0%	$119.65	$114.65	+4.3%	RUSSELL 2000 ETF	464287655
—	3M CO	3,870	$636K	0.0%	$164.34	$109.25	—	COM	88579y101
—	METLIFE INC	11,730	$634K	0.0%	$54.05	$45.74	—	COM	59156r108
—	ARC DOCUMENT SOLUTIONS INC	59,250	$606K	0.0%	$10.23	$6.51	—	COM	00191g103
CTRN	CITI TRENDS INC	22,070	$557K	0.0%	$25.24 *	$15.82	+49.0%	COM	17306X102
—	UNITED ONLINE INC	38,030	$553K	0.0%	$14.54	$10.97	—	COM NEW	911268209
—	NAUTILUS INC	36,110	$548K	0.0%	$15.18	$11.96	—	COM	63910B102
ACIC	UNITED INS HLDGS CORP	24,780	$544K	0.0%	$21.95 *	$10.65	+57.6%	COM	910710102
—	UNITED TECHNOLOGIES CORP	4,714	$542K	0.0%	$114.98	$92.87	—	COM	913017109
—	CHESAPEAKE ENERGY CORP	27,320	$535K	0.0%	$19.58	$19.58	—	COM	165167107
TSEM	TOWER SEMICONDUCTOR LTD	40,100	$535K	0.0%	$13.34	$8.13	+64.0%	SHS NEW	M87915274
—	PERICOM SEMICONDUCTOR CORP	38,650	$523K	0.0%	$13.53	$9.73	—	COM	713831105
CRAI	CRA INTL INC	17,260	$523K	0.0%	$30.30 *	$19.52	+35.5%	COM	12618T105
—	CONOCOPHILLIPS	7,563	$522K	0.0%	$69.02	$60.90	—	COM	20825c104
—	SPOK HLDGS INC	29,190	$507K	0.0%	$17.37	$13.02	—	COM	84863t106
—	SKULLCANDY INC	55,110	$506K	0.0%	$9.18	$7.46	—	COM	83083J104
—	HEIDRICK & STRUGGLES INTL IN	21,410	$494K	0.0%	$23.07	$19.08	—	COM	422819102
—	MAINSOURCE FINANCIAL GP INC	23,560	$493K	0.0%	$20.93	$17.80	—	COM	56062Y102
—	ONEOK PARTNERS LP	12,400	$491K	0.0%	$39.60	$50.34	—	UNIT LTD PARTN	68268n103
—	FIRST DEFIANCE FINL CORP	14,400	$490K	0.0%	$34.03	$27.01	—	COM	32006W106
—	CALAMOS ASSET MGMT INC	36,480	$486K	0.0%	$13.32	$11.55	—	CL A	12811R104
—	ZAGG INC	71,570	$486K	0.0%	$6.79	$5.78	—	COM	98884U108
BELFB	BEL FUSE INC	17,550	$480K	0.0%	$27.35 *	$20.60	+15.1%	CL B	077347300
—	ABBVIE INC	7,225	$473K	0.0%	$65.47	$41.35	—	COM	00287y109
—	CHASE CORP	13,090	$471K	0.0%	$35.98	$31.80	—	COM	16150R104
—	SCICLONE PHARMACEUTICALS INC	53,600	$470K	0.0%	$8.77	$7.36	—	COM	80862K104
—	VERINT SYS INC	8,000	$466K	0.0%	$58.25	$49.83	—	COM	92343x100
HOFT	HOOKER FURNITURE CORP	26,810	$460K	0.0%	$17.16	$15.37	+11.7%	COM	439038100
—	ALMOST FAMILY INC	15,900	$460K	0.0%	$28.93	$22.92	—	COM	020409108
—	TARO PHARMACEUTICAL INDS LTD	3,100	$459K	0.0%	$148.06	$140.32	—	SHS	m8737e108
ALNT	ALLIED MOTION TECHNOLOGIES I	19,330	$458K	0.0%	$23.69 *	$9.55	+58.9%	COM	019330109
FBNC	FIRST BANCORP N C	24,750	$457K	0.0%	$18.46 *	$14.11	+6.0%	COM	318910106
—	CLECO CORP NEW	8,200	$447K	0.0%	$54.51	$46.46	—	COM	12561W105
NICE	NICE SYS LTD	8,700	$441K	0.0%	$50.69	$37.34	+35.6%	SPONSORED ADR	653656108
—	EXACTECH INC	18,349	$432K	0.0%	$23.54	$22.61	—	COM	30064E109
KMB	KIMBERLY CLARK CORP	3,700	$427K	0.0%	$115.41 *	$63.06	+26.2%	COM	494368103
ADP	AUTOMATIC DATA PROCESSING IN	5,105	$426K	0.0%	$83.45 *	$45.09	+45.6%	COM	053015103
—	LIONBRIDGE TECHNOLOGIES INC	74,030	$426K	0.0%	$5.75	$4.98	—	COM	536252109
—	ELBIT SYS LTD	7,001	$425K	0.0%	$60.71	$42.14	—	ORD	m3760d101
FARM	FARMER BROS CO	14,194	$418K	0.0%	$29.45 *	$21.46	+32.8%	COM	307675108
—	TRECORA RES	28,350	$417K	0.0%	$14.71	$12.38	—	COM	894648104
IIIN	INSTEEL INDUSTRIES INC	17,660	$416K	0.0%	$23.56 *	$13.35	+9.7%	COM	45774W108
—	TECHTARGET INC	36,530	$415K	0.0%	$11.36	$8.60	—	COM	87874R100
—	SPDR S&P MIDCAP 400 ETF TR	1,570	$414K	0.0%	$263.69	$222.47	—	UTSER1 S&PDCRP	78467y107
—	DSP GROUP INC	37,780	$411K	0.0%	$10.88	$9.62	—	COM	23332B106
CMA	COMERICA INC	8,738	$409K	0.0%	$46.81 *	$32.12	-3.0%	COM	200340107
—	C D I CORP	22,840	$404K	0.0%	$17.69	$15.73	—	COM	125071100
—	ORACLE CORP	8,850	$398K	0.0%	$44.97	$33.50	—	COM	68389x105
—	A H BELO CORP	38,200	$397K	0.0%	$10.39	$11.50	—	COM CL A	001282102
RDWR	RADWARE LTD	18,000	$396K	0.0%	$22.00	$15.49	+42.1%	ORD	M81873107
—	OPKO HEALTH INC	39,000	$390K	0.0%	$10.00	$9.26	—	COM	68375n103
—	CAESARSTONE SDOT-YAM LTD	6,500	$389K	0.0%	$59.85	$49.03	—	ORD SHS	m20598104
MPAA	MOTORCAR PTS AMER INC	12,470	$388K	0.0%	$31.11	$27.16	+14.5%	COM	620071100
VPG	VISHAY PRECISION GROUP INC	22,350	$384K	0.0%	$17.18	$16.04	+7.0%	COM	92835K103
—	AGRIUM INC	4,000	$379K	0.0%	$94.75	$86.96	—	COM	008916108
FCBC	FIRST CMNTY BANCSHARES INC N	22,740	$375K	0.0%	$16.49 *	$9.62	+8.0%	COM	31983A103
DCO	DUCOMMUN INC DEL	14,720	$372K	0.0%	$25.27	$27.76	-8.9%	COM	264147109
BSET	BASSETT FURNITURE INDS INC	18,850	$368K	0.0%	$19.52 *	$9.67	+27.0%	COM	070203104
SGC	SUPERIOR UNIFORM GP INC	12,335	$362K	0.0%	$29.35 *	$12.18	+20.5%	COM	868358102
KMPR	KEMPER CORP DEL	9,946	$359K	0.0%	$36.09	$32.74	+10.3%	COM	488401100
—	NOBLE ENERGY INC	7,400	$351K	0.0%	$47.43	$61.68	—	COM	655044105
—	QAD INC	15,430	$349K	0.0%	$22.62	$18.60	—	CL A	74727D306
NVMI	NOVA MEASURING INSTRUMENTS L	33,533	$348K	0.0%	$10.38	$9.12	+13.9%	COM	M7516K103
—	MARTHA STEWART LIVING OMNIME	80,550	$347K	0.0%	$4.31	$3.60	—	CL A	573083102
—	CHINA XD PLASTICS CO LTD	63,660	$346K	0.0%	$5.44	$7.58	—	COM	16948F107
—	MELLANOX TECHNOLOGIES LTD	8,000	$342K	0.0%	$42.75	$44.59	—	SHS	M51363113
—	JMP GROUP INC	44,230	$337K	0.0%	$7.62	$7.08	—	COM	46629U107
—	VALE S A	45,000	$329K	0.0%	$7.31	$7.31	—	ADR REPSTG PFD	91912e204
ITRN	ITURAN LOCATION AND CONTROL	14,896	$328K	0.0%	$22.02	$17.17	+28.3%	SHS	M6158M104
—	MCCLATCHY CO	98,140	$326K	0.0%	$3.32	$3.32	—	CL A	579489105
ABT	ABBOTT LABS	7,225	$325K	0.0%	$44.98 *	$28.85	+26.6%	COM	002824100
—	DUKE ENERGY CORP NEW	3,877	$324K	0.0%	$83.57	$67.58	—	COM NEW	26441c204
—	KELLOGG CO	4,950	$324K	0.0%	$65.45 *	$38.95	+7.4%	COM	487836108
—	PREMIER FINL BANCORP INC	20,700	$323K	0.0%	$15.60	$14.64	—	COM	74050M105
RICK	RCI HOSPITALITY HLDGS INC	32,040	$321K	0.0%	$10.02	$11.30	-11.3%	COM	74934Q108
—	PACIFIC ETHANOL INC	31,000	$320K	0.0%	$10.32	$14.01	—	COM PAR $.001	69423u305
—	OMEGA PROTEIN CORP	30,209	$319K	0.0%	$10.56	$12.34	—	COM	68210P107
—	S L INDS INC	8,180	$319K	0.0%	$39.00	$44.65	—	COM	784413106
—	HOWARD HUGHES CORP	2,400	$313K	0.0%	$130.42	$112.08	—	COM	44267d107
NSC	NORFOLK SOUTHERN CORP	2,825	$310K	0.0%	$109.73 *	$57.67	+49.1%	COM	655844108
WLDN	WILLDAN GROUP INC	23,010	$310K	0.0%	$13.47	$10.41	+29.6%	COM	96924N100
HURC	HURCO COMPANIES INC	9,000	$307K	0.0%	$34.11	$35.16	-3.1%	COM	447324104
AP	AMPCO-PITTSBURGH CORP	15,749	$303K	0.0%	$19.24 *	$17.13	+1.8%	COM	032037103
BND	VANGUARD BD INDEX FD INC	3,661	$302K	0.0%	$82.49	$82.48	-0.1%	TOTAL BND MRKT	921937835
—	SILICONWARE PRECISION INDS L	39,500	$298K	0.0%	$7.54	$7.54	—	SPONSD ADR SPL	827084864
—	TRANSMONTAIGNE PARTNERS L P	9,420	$297K	0.0%	$31.53	$41.93	—	COM UNIT L P	89376v100
—	ENTERCOM COMMUNICATIONS CORP	24,190	$294K	0.0%	$12.15	$12.15	—	CL A	293639100
NEO	NEOGENOMICS INC	70,310	$293K	0.0%	$4.17	$4.98	-16.3%	COM NEW	64049M209
—	PETROLEO BRASILEIRO SA PETRO	38,375	$291K	0.0%	$7.58	$11.15	—	SP ADR NON VTG	71654v101
—	MONARCH FINANCIAL HOLDINGS I	20,735	$285K	0.0%	$13.74	$12.77	—	COM	60907Q100
—	MARCHEX INC	61,470	$282K	0.0%	$4.59	$4.59	—	CL B	56624r108
—	TELEFONICA BRASIL SA	15,800	$279K	0.0%	$17.66	$21.83	—	SPONSORED ADR	87936R106
—	PHOENIX COS INC NEW	4,020	$277K	0.0%	$68.91	$68.91	—	COM NEW	71902e604
SENEA	SENECA FOODS CORP NEW	10,210	$276K	0.0%	$27.03	$29.66	-8.9%	CL A	817070501
—	AERCAP HOLDINGS NV	6,900	$268K	0.0%	$38.84	$38.35	—	SHS	n00985106
—	EZCHIP SEMICONDUCTOR LIMITED	14,000	$268K	0.0%	$19.14	$24.92	—	ORD	M4146Y108
BMY	BRISTOL MYERS SQUIBB CO	4,500	$266K	0.0%	$59.11 *	$29.32	+39.7%	COM	110122108
—	CELLCOM ISRAEL LTD	29,700	$257K	0.0%	$8.65	$11.66	—	SHS	m2196u109
MGIC	MAGIC SOFTWARE ENTERPRISES L	42,900	$255K	0.0%	$5.94 *	$3.98	+8.3%	ORD	559166103
—	CALLON PETE CO DEL	45,700	$249K	0.0%	$5.45	$8.38	—	COM	13123X102
—	TEEKAY TANKERS LTD	49,050	$248K	0.0%	$5.06	$4.35	—	CL A	Y8565N102
CTPR	CTPARTNERS EXECUTIVE SEARCH	16,340	$248K	0.0%	$15.18 *	$11.62	+50.2%	COM	22945C105
—	POZEN INC	30,480	$244K	0.0%	$8.01	$7.60	—	COM	73941U102
—	HESKA CORP	13,470	$244K	0.0%	$18.11	$13.88	—	COM RESTRC NEW	42805E306
ADBE	ADOBE SYS INC	3,325	$242K	0.0%	$72.78	$55.93	+30.0%	COM	00724F101
—	SUCAMPO PHARMACEUTICALS INC	16,820	$240K	0.0%	$14.27	$6.48	—	CL A	864909106
MGPI	MGP INGREDIENTS INC NEW	15,020	$238K	0.0%	$15.85	$13.77	+15.1%	COM	55303J106
—	PARTNER COMMUNICATIONS CO LT	47,000	$238K	0.0%	$5.06	$6.52	—	ADR	70211m109
—	MAIDEN HOLDINGS LTD	18,500	$237K	0.0%	$12.81	$10.93	—	SHS	g5753u112
—	ANI PHARMACEUTICALS INC	4,170	$235K	0.0%	$56.35	$56.35	—	COM	00182c103
NEE	NEXTERA ENERGY INC	2,200	$234K	0.0%	$106.36 *	$16.57	+20.5%	COM	65339F101
PRU	PRUDENTIAL FINL INC	2,590	$234K	0.0%	$90.35 *	$38.96	+44.2%	COM	744320102
BA	BOEING CO	1,785	$232K	0.0%	$129.97 *	$80.37	+41.4%	COM	097023105
BP	BP PLC	6,099	$232K	0.0%	$38.04	$42.56	-10.4%	SPONSORED ADR	055622104
—	GOLD RESOURCE CORP	67,060	$227K	0.0%	$3.39	$3.39	—	COM	38068t105
—	ROSE ROCK MIDSTREAM L P	5,000	$227K	0.0%	$45.40	$36.46	—	COM U REP LTD	777149105
—	HILL INTERNATIONAL INC	58,930	$226K	0.0%	$3.84	$4.80	—	COM	431466101
—	PLANAR SYS INC	26,790	$224K	0.0%	$8.36	$8.36	—	COM	726900103
—	NCI INC	21,860	$223K	0.0%	$10.20	$10.07	—	CL A	62886K104
—	AMERIPRISE FINL INC	1,665	$220K	0.0%	$132.13	$123.12	—	COM	03076c106
—	SILICOM LTD	6,200	$218K	0.0%	$35.16	$50.32	—	ORD	m84116108
—	CPFL ENERGIA S A	16,000	$217K	0.0%	$13.56	$16.32	—	SPONSORED ADR	126153105
PROV	PROVIDENT FINL HLDGS INC	14,190	$215K	0.0%	$15.15	$14.82	+2.1%	COM	743868101
ITW	ILLINOIS TOOL WKS INC	2,266	$215K	0.0%	$94.88 *	$70.08	+4.5%	COM	452308109
MSEX	MIDDLESEX WATER CO	9,060	$209K	0.0%	$23.07	$21.73	+6.1%	COM	596680108
—	DATALINK CORP	16,060	$207K	0.0%	$12.89	$12.89	—	COM	237934104
—	HALLMARK FINL SVCS INC EC	17,100	$207K	0.0%	$12.11	$12.11	—	COM NEW	40624Q203
CIG	COMPANHIA ENERGETICA DE MINA	40,968	$204K	0.0%	$4.98	$8.00	-37.9%	SP ADR N-V PFD	204409601
UFPT	UFP TECHNOLOGIES INC	8,280	$204K	0.0%	$24.64	$22.16	+11.0%	COM	902673102
—	ALLIANCE ONE INTL INC	125,900	$199K	0.0%	$1.58	$2.38	—	COM	018772103
—	EDGEWATER TECHNOLOGY INC	25,410	$191K	0.0%	$7.52	$7.41	—	COM	280358102
—	NUVEEN PREM INCOME MUN FD 2	12,800	$181K	0.0%	$14.14	$12.57	—	COM	67063w102
—	MIND C T I LTD	45,340	$178K	0.0%	$3.93	$3.47	—	ORD	m70240102
—	CENTRAL VALLEY CMNTY BANCORP	15,980	$177K	0.0%	$11.08	$11.45	—	COM	155685100
—	AROTECH CORP	74,940	$174K	0.0%	$2.32	$3.87	—	COM NEW	042682203
—	RTI SURGICAL INC	33,330	$173K	0.0%	$5.19	$5.19	—	COM	74975N105
RLGT	RADIANT LOGISTICS INC	39,830	$168K	0.0%	$4.22	$3.39	+24.9%	COM	75025X100
CBKCQ	CHRISTOPHER & BANKS CORP	28,890	$165K	0.0%	$5.71 *	$6.38	0.0%	COM	171046105
—	INDEPENDENCE HLDG CO NEW	11,570	$161K	0.0%	$13.92	$13.92	—	COM NEW	453440307
—	EATON VANCE MUN BD FD	12,005	$154K	0.0%	$12.83	$11.31	—	COM	27827X101
HTBK	HERITAGE COMMERCE CORP	16,500	$146K	0.0%	$8.85	$8.55	+3.3%	COM	426927109
—	ALLOT COMMUNICATIONS LTD	15,400	$141K	0.0%	$9.16	$13.34	—	SHS	m0854q105
—	CENTRAIS ELETRICAS BRASILEIR	49,201	$141K	0.0%	$2.87	$4.51	—	SPON ADR PFD B	15234q108
—	MAGICJACK VOCALTEC LTD	16,980	$138K	0.0%	$8.13	$8.13	—	SHS	M6787E101
FONR	FONAR CORP	13,210	$137K	0.0%	$10.37 *	$11.26	0.0%	COM NEW	344437405
—	CONCURRENT COMPUTER CORP NEW	19,190	$136K	0.0%	$7.09	$7.20	—	COM PAR $.01	206710402
—	MBT FINL CORP	24,520	$122K	0.0%	$4.98	$4.77	—	COM	578877102
—	PERION NETWORK LTD	26,773	$118K	0.0%	$4.41	$11.27	—	SHS	m78673106
—	ENGLOBAL CORP	58,100	$110K	0.0%	$1.89	$2.12	—	COM	293306106
—	SKYSTAR BIO-PHARMA CO	22,576	$95,000	0.0%	$4.21	$7.00	—	COM PAR $.001	830884300
—	MERGE HEALTHCARE INC	25,720	$92,000	0.0%	$3.58	$3.58	—	COM	589499102
INTT	INTEST CORP	21,110	$90,000	0.0%	$4.26	$4.14	+2.6%	COM	461147100
—	BSQUARE CORP	19,410	$88,000	0.0%	$4.53	$4.53	—	COM NEW	11776u300
RVSB	RIVERVIEW BANCORP INC	19,410	$87,000	0.0%	$4.48 *	$3.18	+8.0%	COM	769397100
—	INTRICON CORP	12,250	$84,000	0.0%	$6.86	$5.96	—	COM	46121H109
—	DIGIRAD CORP	17,390	$76,000	0.0%	$4.37	$4.37	—	COM	253827109
EGY	VAALCO ENERGY INC	14,090	$64,000	0.0%	$4.54 *	$5.34	-30.0%	COM NEW	91851C201
—	INFUSYSTEM HLDGS INC	19,410	$61,000	0.0%	$3.14	$3.14	—	COM	45685k102
—	PROFIRE ENERGY INC	24,010	$55,000	0.0%	$2.29	$4.16	—	COM	74316X101
—	GASTAR EXPL INC NEW	20,220	$49,000	0.0%	$2.42	$2.42	—	COM	36729W202
—	LRAD CORP	13,140	$35,000	0.0%	$2.66	$2.66	—	COM	50213V109
—	GULF RESOURCES INC	26,250	$30,000	0.0%	$1.14	$2.12	—	COM PAR $0.0005	40251W309
—	CHINA GREEN AGRICULTURE INC	17,060	$26,000	0.0%	$1.52	$1.52	—	COM	16943w105