Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Google, Cl A	87,196	$97.18M	2.6%	$880.37	—	Common Stock	38259P508
NVS	Novartis ADR	1,115,053	$94.8M	2.5%	$70.71	—	ADR	66987V109
JNJ	Johnson & Johnson	907,521	$89.15M	2.3%	$59.66	+11.7%	Common Stock	478160104
PEP	PepsiCo	1,019,938	$85.17M	2.2%	$56.00	+1.5%	Common Stock	713448108
ADBE	Adobe Systems	1,217,695	$80.05M	2.1%	$44.30	+44.8%	Common Stock	00724F101
UPS	United Parcel Service, Cl B	821,042	$79.95M	2.1%	$55.38	+15.9%	Common Stock	911312106
LLY	Eli Lilly	1,284,865	$75.63M	2.0%	$42.21	+5.5%	Common Stock	532457108
TRMB	Trimble Navigation	1,763,678	$68.55M	1.8%	$27.63	+30.2%	Common Stock	896239100
—	Amgen	547,884	$67.58M	1.8%	$114.08	—	Common Stock	31162100
QCOM	Qualcomm	833,209	$65.71M	1.7%	$45.06	+19.9%	Common Stock	747525103
—	Apple	119,680	$64.24M	1.7%	$561.02	—	Common Stock	37833100
INTU	Intuit	792,154	$61.57M	1.6%	$54.39	+27.3%	Common Stock	461202103
AKAM	Akamai Technologies	1,006,354	$58.58M	1.5%	$41.83	+32.0%	Common Stock	00971T101
NVO	Novo Nordisk ADS	1,229,650	$56.13M	1.5%	$67.51	—	ADR	670100205
TSM	Taiwan Semiconductor ADS	2,789,597	$55.85M	1.5%	$18.32	—	ADR	874039100
CHD	Church & Dwight	807,800	$55.8M	1.5%	$26.18	+7.7%	Common Stock	171340102
TJX	TJX Companies	905,897	$54.94M	1.4%	$20.82	+23.7%	Common Stock	872540109
UNP	Union Pacific	287,812	$54.01M	1.4%	$57.06	+19.6%	Common Stock	907818108
SAP	SAP ADS	651,800	$53M	1.4%	$72.83	—	ADR	803054204
A	Agilent Technologies	922,822	$51.6M	1.4%	$27.97	+33.5%	Common Stock	00846U101
NSC	Norfolk Southern	513,800	$49.93M	1.3%	$57.67	+23.8%	Common Stock	655844108
—	Express Scripts Holding	662,013	$49.71M	1.3%	$61.74	—	Common Stock	30219G108
CSCO	Cisco Systems	2,052,948	$46.02M	1.2%	$15.24	+0.4%	Common Stock	17275R102
—	Potash Corp of Saskatchewan	1,253,701	$45.41M	1.2%	$37.10	—	Common Stock	73755L107
GPC	Genuine Parts	505,180	$43.88M	1.2%	$54.12	+11.0%	Common Stock	372460105
EL	Estee Lauder, Cl A	641,282	$42.89M	1.1%	$58.22	+2.7%	Common Stock	518439104
—	PetSmart	616,560	$42.49M	1.1%	$66.99	—	Common Stock	716768106
BMY	Bristol-Myers Squibb	812,799	$42.23M	1.1%	$28.67	+25.3%	Common Stock	110122108
ITW	Illinois Tool Works	513,925	$41.8M	1.1%	$49.85	+22.9%	Common Stock	452308109
MSFT	Microsoft	1,015,579	$41.63M	1.1%	$26.70	+17.1%	Common Stock	594918104
ASML	ASML Holding NV (New York)	442,750	$41.34M	1.1%	$79.11	—	Common Stock	N07059210
ROK	Rockwell Automation	325,230	$40.51M	1.1%	$67.20	+39.6%	Common Stock	773903109
NKE	Nike, Cl B	544,820	$40.24M	1.1%	$26.53	+22.7%	Common Stock	654106103
PFE	Pfizer	1,236,417	$39.71M	1.0%	$16.46	+10.6%	Common Stock	717081103
LOW	Lowe's	811,840	$39.7M	1.0%	$32.16	+21.3%	Common Stock	548661107
CL	Colgate-Palmolive	610,508	$39.6M	1.0%	$44.38	+7.9%	Common Stock	194162103
FAST	Fastenal	801,960	$39.54M	1.0%	$8.84	-3.1%	Common Stock	311900104
PPG	PPG Industries	200,000	$38.69M	1.0%	$59.61	+29.5%	Common Stock	693506107
GWW	W.W. Grainger	151,760	$38.34M	1.0%	$201.89	+1.8%	Common Stock	384802104
HON	Honeywell International	412,295	$38.24M	1.0%	$53.13	+21.8%	Common Stock	438516106
CNI	Canadian National Railway	677,600	$38.09M	1.0%	$41.86	+6.5%	Common Stock	136375102
LECO	Lincoln Electric Holdings	514,000	$37.01M	1.0%	$55.81	+28.5%	Common Stock	533900106
CSL	Carlisle Cos	461,000	$36.58M	1.0%	$55.89	+19.9%	Common Stock	142339100
MMM	3M	262,917	$35.67M	0.9%	$61.26	+24.5%	Common Stock	88579Y101
—	GlaxoSmithKline ADS	664,950	$35.53M	0.9%	$49.97	—	ADR	37733W105
XOM	Exxon Mobil	360,474	$35.21M	0.9%	$53.69	+8.2%	Common Stock	30231G102
HUM	Humana	306,153	$34.51M	0.9%	$71.14	+33.1%	Common Stock	444859102
—	E.I. du Pont de Nemours	504,450	$33.85M	0.9%	$54.97	—	Common Stock	263534109
KMB	Kimberly-Clark	302,925	$33.4M	0.9%	$63.06	+10.0%	Common Stock	494368103
CLX	Clorox	376,165	$33.11M	0.9%	$60.00	+4.5%	Common Stock	189054109
PG	Procter & Gamble	409,862	$33.03M	0.9%	$55.00	+2.7%	Common Stock	742718109
PH	Parker Hannifin	275,500	$32.98M	0.9%	$75.97	+29.6%	Common Stock	701094104
EME	EMCOR Group	704,798	$32.98M	0.9%	$36.90	+12.9%	Common Stock	29084Q100
—	Xilinx	602,077	$32.67M	0.9%	$39.61	—	Common Stock	983919101
GIS	General Mills	605,338	$31.37M	0.8%	$31.98	+3.1%	Common Stock	370334104
—	Harris	414,660	$30.34M	0.8%	$49.25	—	Common Stock	413875105
MCHP	Microchip Technology	630,875	$30.13M	0.8%	$13.83	+28.4%	Common Stock	595017104
—	SanDisk	370,300	$30.07M	0.8%	$61.10	—	Common Stock	80004C101
EMR	Emerson Electric	450,000	$30.06M	0.8%	$40.02	+19.4%	Common Stock	291011104
—	Air Products & Chemicals	250,000	$29.76M	0.8%	$111.78	—	Common Stock	9158106
—	United Technologies	251,797	$29.42M	0.8%	$92.94	—	Common Stock	913017109
—	Kellogg	466,400	$29.25M	0.8%	$38.95	-3.6%	Common Stock	487836108
—	Praxair	221,825	$29.05M	0.8%	$115.16	—	Common Stock	74005P104
—	Johnson Controls	600,000	$28.39M	0.7%	$35.79	—	Common Stock	478366107
—	Total ADS	426,900	$28M	0.7%	$48.70	—	ADR	89151E109
ORCL	Oracle	678,650	$27.76M	0.7%	$27.58	+15.9%	Common Stock	68389X105
—	Dentsply International	601,340	$27.69M	0.7%	$40.96	—	Common Stock	249030107
INFY	Infosys ADS	500,000	$27.09M	0.7%	$41.19	—	ADR	456788108
INTC	Intel	1,014,930	$26.2M	0.7%	$17.18	+8.7%	Common Stock	458140100
—	Monster Beverage	372,150	$25.85M	0.7%	$60.83	—	Common Stock	611740101
COP	ConocoPhillips	350,672	$24.67M	0.6%	$39.96	+13.7%	Common Stock	20825C104
—	Becton, Dickinson & Co.	210,000	$24.59M	0.6%	$110.49	—	Common Stock	75887109
SYK	Stryker	300,270	$24.46M	0.6%	$56.92	+21.3%	Common Stock	863667101
SJM	JM Smucker	250,340	$24.34M	0.6%	$70.84	-3.0%	Common Stock	832696405
RRX	Regal-Beloit	333,600	$24.26M	0.6%	$69.87	+5.7%	Common Stock	758750103
GNTX	Gentex	702,000	$22.13M	0.6%	$11.27	+41.6%	Common Stock	371901109
MKC	McCormick & Co	302,500	$21.7M	0.6%	$28.19	-5.0%	Common Stock	579780206
—	Crane	300,000	$21.34M	0.6%	$59.92	—	Common Stock	224399105
IT	Gartner	301,441	$20.93M	0.6%	$56.76	+21.9%	Common Stock	366651107
—	BASF ADS	185,492	$20.66M	0.5%	$107.79	—	ADR	55262505
MEOH	Methanex	321,600	$20.56M	0.5%	$42.29	+49.4%	Common Stock	59151K108
—	VCA Antech	628,900	$20.27M	0.5%	$26.09	—	Common Stock	918194101
ABBV	AbbVie	385,763	$19.83M	0.5%	$26.55	+18.6%	Common Stock	00287Y109
CVE	Cenovus	661,722	$19.16M	0.5%	$22.39	-7.4%	Common Stock	15135U109
—	Unilever ADS	420,350	$17.98M	0.5%	$40.43	—	ADR	904767704
CHT	Chunghwa Telecom ADS	562,942	$17.27M	0.5%	$32.11	—	ADR	17133Q502
PSX	Phillips 66	223,379	$17.21M	0.5%	$39.78	+25.2%	Common Stock	718546104
—	AstraZeneca ADS	263,000	$17.06M	0.4%	$59.37	—	ADR	46353108
—	Abbott Laboratories	411,307	$15.84M	0.4%	$38.33	—	Common Stock	2824100
FCX	Freeport-McMoRan Copper & Gold	475,224	$15.72M	0.4%	$24.45	+16.4%	Common Stock	35671D857
—	Celgene	100,000	$13.96M	0.4%	$116.98	—	Common Stock	151020104
—	Convergys	561,733	$12.31M	0.3%	$17.43	—	Common Stock	212485106
NFG	National Fuel Gas	170,000	$11.91M	0.3%	$60.82	+20.3%	Common Stock	636180101
IBM	International Business Machines	44,983	$8.659M	0.2%	$118.94	-8.2%	Common Stock	459200101
TU	Telus	236,000	$8.484M	0.2%	$17.32	-0.5%	Common Stock	87971M103
SWK	Stanley Black & Decker	104,046	$8.453M	0.2%	$56.98	+4.2%	Common Stock	854502101
VOD	Vodafone Group ADS	210,802	$7.76M	0.2%	$36.81	—	ADR	92857W308
RPM	RPM International	183,900	$7.694M	0.2%	$32.11	+28.4%	Common Stock	749685103
PSO	Pearson ADS	404,890	$7.211M	0.2%	$17.94	—	ADR	705015105
—	Dun & Bradstreet	71,350	$7.089M	0.2%	$97.45	—	Common Stock	26483E100
TS	Tenaris ADR	132,000	$5.841M	0.2%	$40.27	—	ADR	88031M109
—	EnCana	269,458	$5.761M	0.2%	$16.94	—	Common Stock	292505104
TM	Toyota Motor ADS	42,715	$4.823M	0.1%	$120.66	—	ADR	892331307
—	Shire ADS	32,000	$4.753M	0.1%	$95.13	—	ADR	82481r106
—	Orient-Express Hotels - A	310,000	$4.467M	0.1%	$12.16	—	Common Stock	G67743107
TD	Toronto-Dominion Bank	93,144	$4.373M	0.1%	$42.67	+5.6%	Common Stock	891160509
CPA	Copa Holdings - A	30,000	$4.356M	0.1%	$87.82	+10.3%	Common Stock	P31076105
NICE	Nice Systems ADS	80,000	$3.573M	0.1%	$36.89	—	ADR	653656108
DASTY	Dassault Systems ADR	30,000	$3.512M	0.1%	$122.63	—	ADR	237545108
VZ	Verizon Communications	69,061	$3.285M	0.1%	$25.88	-0.0%	Common Stock	92343V104
—	LATAM Airlines ADS	202,721	$3.051M	0.1%	$16.83	—	ADR	51817R106
WLY	John Wiley & Sons, A	50,000	$2.882M	0.1%	$27.09	+45.5%	Common Stock	968223206
FMX	Fomento Economico Mex ADS (FEMSA)	30,000	$2.797M	0.1%	$103.20	—	ADR	344419106
TELFY	Telefonica ADS	177,010	$2.795M	0.1%	$12.81	—	ADR	879382208
MUFG	Mitsubishi UFJ Financial ADR	500,000	$2.77M	0.1%	$6.21	—	ADR	606822104
SNY	Sanofi ADS	51,212	$2.677M	0.1%	$51.50	—	ADR	80105N105
BCE	BCE	60,469	$2.609M	0.1%	$22.29	-3.5%	Common Stock	05534B760
—	Australia & New Zealand Banking ADS	84,500	$2.581M	0.1%	$28.85	—	ADR	52528304
E	Eni SpA ADS	50,000	$2.509M	0.1%	$41.04	—	ADR	26874R108
—	BHP Billiton ADS	32,928	$2.232M	0.1%	$68.21	—	ADR	88606108
—	Telstra ADR	88,000	$2.069M	0.1%	$21.84	—	ADR	87969N204
WDC	Western Digital	20,059	$1.842M	0.0%	$35.69	+50.7%	Common Stock	958102105
—	Statoil ADS	64,703	$1.826M	0.0%	$20.69	—	ADR	85771P102
SQM	Quimica y Minera Chile ADS	57,000	$1.809M	0.0%	$38.49	—	ADR	833635105
—	Amazon.com	5,211	$1.753M	0.0%	$398.77	—	Common Stock	23135106
MELI	MercadoLibre	17,714	$1.685M	0.0%	$106.33	-9.8%	Common Stock	58733R102
FFIV	F5 Networks	13,195	$1.407M	0.0%	$76.95	+37.5%	Common Stock	315616102
DAL	Delta Air Lines	40,000	$1.386M	0.0%	$14.99	+86.6%	Common Stock	247361702
—	Mead Johnson Nutrition	15,875	$1.32M	0.0%	$79.53	—	Common Stock	582839106
CRRFY	Carrefour S.A. ADS	170,000	$1.309M	0.0%	$5.43	—	ADR	144430204
—	BG Group ADR	70,000	$1.294M	0.0%	$21.69	—	ADR	55434203
EBAY	eBay	23,413	$1.293M	0.0%	$20.00	+3.4%	Common Stock	278642103
—	Apache	13,377	$1.11M	0.0%	$85.97	—	Common Stock	37411105
TLK	Telekomunikasi Indonesia ADS	26,600	$1.047M	0.0%	$42.73	—	ADR	715684106
TKC	Turkcell Iletisim Hizmetleri ADS	75,000	$1.033M	0.0%	$14.37	—	ADR	900111204
VALE	Vale ADS	72,500	$1.003M	0.0%	$13.15	—	ADR	91912E105
SAN	Banco Santander ADS	102,325	$980K	0.0%	$6.54	—	ADR	05964H105
IDA	Idacorp	17,100	$949K	0.0%	$48.08	+11.4%	Common Stock	451107106
—	Enersis ADS	60,000	$932K	0.0%	$16.36	—	ADR	29274F104
VMI	Valmont Industries	5,973	$889K	0.0%	$144.99	+2.0%	Common Stock	920253101
—	Enbridge Energy Partners LP	32,051	$879K	0.0%	$30.48	—	Common Stock	29250R106
—	Salix Pharmaceuticals	8,292	$859K	0.0%	$66.93	—	Common Stock	795435106
CVS	CVS Caremark	11,186	$837K	0.0%	$42.46	+20.4%	Common Stock	126650100
NJDCY	Nidec ADS	26,703	$821K	0.0%	$17.53	—	ADR	654090109
—	SK Telecom ADS	36,200	$817K	0.0%	$20.33	—	ADR	78440P108
—	Chubb	8,925	$797K	0.0%	$84.71	—	Common Stock	171232101
SBBSF	Sabana Shariah Comp Indl REIT	958,500	$785K	0.0%	$0.91	—	Common Stock	Y7368R104
SSL	Sasol ADS	14,000	$782K	0.0%	$44.86	—	ADR	803866300
—	Whiting Petroleum	11,270	$782K	0.0%	$50.66	—	Common Stock	966387102
PHG	Koninklijke Philips NVR - NY	21,600	$759K	0.0%	$35.14	—	Common Stock	500472303
VFC	VF Corp	12,000	$743K	0.0%	$49.70	+13.3%	Common Stock	918204108
IVZ	Invesco	20,044	$742K	0.0%	$19.70	+5.9%	Common Stock	G491BT108
HAIN	Hain Celestial Group	7,825	$715K	0.0%	$37.22	+22.4%	Common Stock	405217100
—	Alaska Air	7,625	$711K	0.0%	$73.31	—	Common Stock	11659109
—	Boeing	5,588	$701K	0.0%	$136.54	—	Common Stock	97023105
—	Bed Bath & Beyond	10,135	$697K	0.0%	$80.32	—	Common Stock	75896100
—	EMC	25,429	$697K	0.0%	$25.51	—	Common Stock	268648102
F	Ford Motor	43,010	$671K	0.0%	$7.87	+6.4%	Common Stock	345370860
RDY	Dr. Reddy's Laboratories ADR	15,000	$659K	0.0%	$37.84	—	ADR	256135203
—	AutoNavi Holdings ADS	32,000	$641K	0.0%	$12.52	—	ADR	05330F106
—	Noble	19,212	$629K	0.0%	$37.48	—	Common Stock	G65431101
MCO	Moody's	7,655	$607K	0.0%	$53.10	+30.4%	Common Stock	615369105
URBN	Urban Outfitters	16,515	$602K	0.0%	$41.26	-11.7%	Common Stock	917047102
CVX	Chevron Corporation	4,707	$560K	0.0%	$71.30	-1.3%	Common Stock	166764100
DANOY	Danone ADS	39,300	$558K	0.0%	$15.00	—	ADR	23636T100
T	AT&T	15,768	$553K	0.0%	$11.28	-3.8%	Common Stock	00206R102
—	Baidu ADS	3,500	$533K	0.0%	$177.80	—	ADR	56752108
—	Metso ADS	16,300	$530K	0.0%	$33.92	—	ADR	592671101
—	Unilever N.V.	12,584	$517K	0.0%	$39.34	—	Common Stock	904784709
—	Synchronoss Technologies	15,000	$514K	0.0%	$30.87	—	Common Stock	87157B103
PSIX	Power Solutions International	6,708	$504K	0.0%	$37.12	+94.5%	Common Stock	73933G202
—	Teekay LNG Partners LP	12,150	$502K	0.0%	$43.73	—	Common Stock	Y8564M105
—	Ashland	5,006	$498K	0.0%	$99.48	—	Common Stock	44209104
—	National Grid PLC ADS	6,713	$461K	0.0%	$56.63	—	ADR	636274300
—	Plum Creek Timber	10,943	$460K	0.0%	$46.67	—	Common Stock	729251108
META	Facebook, Cl A	7,293	$439K	0.0%	$44.92	+40.1%	Common Stock	30303M102
—	Borg-Warner Automotive	7,014	$431K	0.0%	$61.45	—	Common Stock	99724106
HOKCY	Hong Kong & China Gas ADS	200,000	$430K	0.0%	$2.46	—	ADR	438550303
RIO	Rio Tinto PLC ADS	7,628	$426K	0.0%	$41.03	—	ADR	767204100
—	Mindray Medical International ADR	13,000	$421K	0.0%	$37.83	—	ADR	602675100
—	Memorial Production Partners	18,000	$406K	0.0%	$19.60	—	Common Stock	586048100
CAJPY	Canon ADS	13,050	$405K	0.0%	$32.87	—	ADR	138006309
MIDD	Middleby	1,494	$395K	0.0%	$52.53	+66.1%	Common Stock	596278101
UNH	UnitedHealth Group	4,730	$388K	0.0%	$50.75	+22.4%	Common Stock	91324P102
—	CNOOC Ltd ADS	2,500	$380K	0.0%	$167.60	—	ADR	126132109
—	General Electric	14,400	$373K	0.0%	$23.21	—	Common Stock	369604103
—	AmSurg	7,895	$372K	0.0%	$35.13	—	Common Stock	03232P405
PBR	Petroleo Brasileiro ADS	26,700	$351K	0.0%	$13.56	—	ADR	71654V408
MAT	Mattel	8,600	$345K	0.0%	$44.76	-11.3%	Common Stock	577081102
KEP	Korea Electric Power ADS	20,000	$343K	0.0%	$11.30	—	ADR	500631106
COST	Costco Wholesale	3,000	$335K	0.0%	$86.56	+5.5%	Common Stock	22160K105
—	Telefonica Brasil S.A. ADS	15,000	$319K	0.0%	$22.81	—	ADR	87936R106
RJF	Raymond James Financial	5,568	$311K	0.0%	$24.09	+22.0%	Common Stock	754730109
—	Kinder Morgan Energy Partners	4,100	$303K	0.0%	$85.37	—	Common Stock	494550106
AVA	Avista	9,700	$297K	0.0%	$16.44	+9.4%	Common Stock	05379B107
SLB	Schlumberger Ltd	3,045	$297K	0.0%	$52.90	+23.8%	Common Stock	806857108
—	Alamos Gold	32,500	$294K	0.0%	$12.12	—	Common Stock	11527959
FSLR	First Solar	4,000	$279K	0.0%	$44.50	+25.3%	Common Stock	336433107
SGAPY	Singapore Telecom ADR	9,600	$279K	0.0%	$29.72	—	ADR	82929R304
SPH	Suburban Propane Partners LP	6,500	$270K	0.0%	$46.46	—	Common Stock	864482104
KOF	Coca-Cola Femsa ADS	2,527	$267K	0.0%	$140.27	—	ADR	191241108
—	Philippine Long Distance ADS	4,200	$256K	0.0%	$67.86	—	ADR	718252604
MRK	Merck & Co	4,445	$252K	0.0%	$30.02	+19.1%	Common Stock	58933Y105
ACN	Accenture PLC, A	3,100	$247K	0.0%	$64.22	+4.2%	Common Stock	G1151C101
DUK	Duke Energy	3,450	$246K	0.0%	$41.83	+2.0%	Common Stock	26441C204
—	Aon Corp	2,912	$245K	0.0%	$64.22	—	Common Stock	G0408V102
—	Harman International Industries	2,200	$234K	0.0%	$54.09	—	Common Stock	413086109
—	Spectra Energy	6,258	$231K	0.0%	$34.48	—	Common Stock	847560109
TECK	Teck Resources, Cl B	10,600	$230K	0.0%	$25.96	-10.6%	Common Stock	878742204
GILD	Gilead Sciences	3,200	$227K	0.0%	$36.21	+50.5%	Common Stock	375558103
MTNOY	MTN Group LTD - Spons ADR	11,100	$227K	0.0%	$18.51	—	ADR	62474M108
—	Senior Housing PPTYS Trust	9,800	$220K	0.0%	$25.92	—	Common Stock	81721M109
—	PAREXEL International	4,000	$216K	0.0%	$46.00	—	Common Stock	699462107
—	Royal Dutch Shell ADS	2,900	$212K	0.0%	$64.63	—	ADR	780259206
—	Canadian Oil Sands Ltd.	10,000	$210K	0.0%	$18.80	—	Common Stock	13643E105
—	Tata Motors ADS	5,942	$210K	0.0%	$23.45	—	ADR	876568502
SRE	Sempra Energy	2,140	$207K	0.0%	$27.60	+16.7%	Common Stock	816851109
SBUX	Starbucks	2,644	$194K	0.0%	$29.29	0.0%	Common Stock	855244109
NUE	Nucor	3,800	$192K	0.0%	$32.83	+14.2%	Common Stock	670346105
IMPUY	Impala Platinum ADS	16,000	$180K	0.0%	$9.31	—	ADR	452553308
FESNF	First Real Estate Investment Trust	200,000	$171K	0.0%	$0.89	—	Common Stock	Y2560E100
SPG	Simon Property Group	1,026	$168K	0.0%	$88.80	-4.9%	Common Stock	828806109
—	Sibanye Gold Ltd ADS	20,000	$167K	0.0%	$4.61	—	ADR	825724206
—	Whistler Blackcomb Holdings	12,000	$165K	0.0%	$13.33	—	Common Stock	96336D955
EMBJ	Embraer SA ADR	4,612	$164K	0.0%	$36.85	—	ADR	29082A107
JPM	JP Morgan Chase	2,640	$160K	0.0%	$36.24	+16.1%	Common Stock	46625H100
—	Donnelley (RR) & Sons	8,424	$151K	0.0%	$14.01	—	Common Stock	257867101
—	Duke Realty	8,900	$150K	0.0%	$15.62	—	Common Stock	264411505
TRIP	TripAdvisor, Cl A	1,600	$145K	0.0%	$65.10	+24.5%	Common Stock	896945201
WMB	Williams Companies	3,500	$142K	0.0%	$18.03	+16.1%	Common Stock	969457100
—	Bank of America	8,000	$138K	0.0%	$15.63	—	Common Stock	60505104
—	BlackRock	434	$136K	0.0%	$301.07	—	Common Stock	09247X101
—	Anadarko Petroleum	1,600	$136K	0.0%	$79.38	—	Common Stock	32511107
—	Alere	3,766	$129K	0.0%	$34.25	—	Common Stock	01449J105
—	JPM Chase Capital, Pfd C 6.70%	5,000	$128K	0.0%	$25.40	—	Preferred Stock	48125E207
NEE	NextEra Energy	1,250	$120K	0.0%	$14.15	+17.1%	Common Stock	65339F101
DVN	Devon Energy	1,800	$120K	0.0%	$37.36	+11.6%	Common Stock	25179M103
—	Walgreen	1,794	$118K	0.0%	$44.04	—	Common Stock	931422109
PNC	PNC Bank	1,355	$118K	0.0%	$47.34	+20.0%	Common Stock	693475105
EONGY	E.ON ADR	6,000	$117K	0.0%	$16.80	—	ADR	268780103
WFC	Wells Fargo & Co	2,315	$115K	0.0%	$27.36	+22.1%	Common Stock	949746101
—	Morgan Stanley Cap Tr, Cum Pfd	4,500	$113K	0.0%	$24.89	—	Preferred Stock	61750K208
TELNY	Telenor ASA ADR	1,706	$113K	0.0%	$59.20	—	ADR	87944W105
—	NY Community Bancorp	7,000	$112K	0.0%	$14.41	—	Common Stock	649445103
GFI	Gold Fields Ltd ADS	30,000	$111K	0.0%	$3.74	—	ADR	38059T106
—	Georgia Power CO Cl A PFD 6.125%	4,000	$110K	0.0%	$26.25	—	Preferred Stock	373334473
—	Sanderson Farms	1,400	$110K	0.0%	$78.57	—	Common Stock	800013104
PRDSY	Prada ADR	7,000	$110K	0.0%	$18.61	—	ADR	73942H100
SANTAN 10.5 PERP 10	Santander 10.5% Pfd Series 10	4,000	$104K	0.0%	$27.00	—	Preferred Stock	E8683R144
—	GDF Suez ADS	3,725	$102K	0.0%	$20.57	—	ADR	36160B105
ITUB	Itau Unibanco Holding pf ADR	6,600	$98,000	0.0%	$12.88	—	ADR	465562106
—	Atlas Pipeline Partners	3,000	$96,000	0.0%	$35.00	—	Common Stock	49392103
NRG	NRG Energy	3,000	$95,000	0.0%	$20.46	+8.0%	Common Stock	629377508
EOG	EOG Resources	485	$95,000	0.0%	$46.52	+39.3%	Common Stock	26875P101
CDE	Coeur Mining	10,000	$93,000	0.0%	$14.55	-26.1%	Common Stock	192108504
—	China Petrolem & Chem (Sinopec) ADR	1,040	$93,000	0.0%	$88.17	—	ADR	16941R108
—	Reitmans (Canada) Ltd - A	17,400	$91,000	0.0%	$6.38	—	Common Stock	759404957
CRL	Charles River Laboratories	1,495	$90,000	0.0%	$42.84	+36.1%	Common Stock	159864107
PTKFY	Kalbe Farma PT ADR	3,500	$90,000	0.0%	$20.50	—	ADR	69368A108
—	Dow Chemical	1,842	$90,000	0.0%	$32.03	—	Common Stock	260543103
NVZMY	Novozymes A/S ADR	2,000	$88,000	0.0%	$32.00	—	ADR	670108109
ORANY	Orange SA	5,900	$87,000	0.0%	$9.49	—	ADR	684060106
—	BP plc ADS	1,791	$86,000	0.0%	$48.57	—	ADR	55622104
—	Stage Stores	3,487	$85,000	0.0%	$23.52	—	Common Stock	85254C305
ZBH	Zimmer	870	$82,000	0.0%	$67.30	+24.2%	Common Stock	98956P102
MORN	Morningstar	1,000	$79,000	0.0%	$69.29	+14.9%	Common Stock	617700109
KMX	Carmax	1,680	$79,000	0.0%	$45.40	+2.9%	Common Stock	143130102
PSA	Public Storage International	450	$76,000	0.0%	$97.16	+5.3%	Common Stock	74460D109
—	ARM Holdings plc ADS	1,451	$74,000	0.0%	$54.45	—	ADR	42068106
ABEV	Ambev SA	10,000	$74,000	0.0%	$7.40	—	ADR	02319V103
—	Portugal Telecom SGPS ADS	17,000	$73,000	0.0%	$3.94	—	ADR	737273102
NSFDF	NXT Energy Solutions	54,522	$72,000	0.0%	$1.51	0.0%	Common Stock	62948Q107
NTRS	Northern Trust	1,000	$66,000	0.0%	$40.35	+12.9%	Common Stock	665859104
—	Alcoa	5,055	$65,000	0.0%	$10.57	—	Common Stock	13817101
EIX	Edison International	1,080	$61,000	0.0%	$30.71	+3.1%	Common Stock	281020107
—	Alere, perp pfd conv ser B	199	$58,000	0.0%	$226.13	—	Convt Prefrd Stock	01449J204
WOR	Worthington Industries	1,500	$57,000	0.0%	$20.24	+23.2%	Common Stock	981811102
ZBRA	Zebra Technologies, Cl A	817	$57,000	0.0%	$45.53	+34.7%	Common Stock	989207105
—	Telephone & Data Sys 6.625% Pfd	2,100	$52,000	0.0%	$24.76	—	Preferred Stock	879433852
KO	Coca-Cola Co	1,340	$52,000	0.0%	$26.89	-1.2%	Common Stock	191216100
FISV	Fiserv	900	$51,000	0.0%	$24.45	+17.0%	Common Stock	337738108
STKL	SunOpta	4,234	$50,000	0.0%	$7.80	+28.5%	Common Stock	8676EP108
—	Integrated Device Technology	4,030	$49,000	0.0%	$7.94	—	Common Stock	458118106
HDSN	Hudson Technologies	16,979	$48,000	0.0%	$3.47	-4.2%	Common Stock	444144109
HD	Home Depot	610	$48,000	0.0%	$56.98	+5.7%	Common Stock	437076102
—	Telecom New Zealand ADS	4,266	$45,000	0.0%	$8.61	—	ADR	879278208
—	Weatherford International	2,580	$45,000	0.0%	$13.57	—	Common Stock	H27013103
—	Raytheon	444	$44,000	0.0%	$65.32	—	Common Stock	755111507
ULBI	Ultralife	10,000	$43,000	0.0%	$3.90	-1.6%	Common Stock	903899102
GLD	SPDR Gold Trust GS	337	$42,000	0.0%	$118.69	—	Common Stock	78463V107
EXPE	Expedia	561	$41,000	0.0%	$50.45	+34.3%	Common Stock	30212P303
—	Boardwalk Pipeline Partners LP	3,000	$40,000	0.0%	$25.67	—	Common Stock	96627104
—	IAC/InterActiveCorp	561	$40,000	0.0%	$48.13	—	Common Stock	44919P508
—	YY Inc. ADR	500	$38,000	0.0%	$76.00	—	ADR	98426T106
STT	State Street	528	$37,000	0.0%	$44.60	+12.5%	Common Stock	857477103
—	America Movil ADR	1,790	$36,000	0.0%	$21.75	—	ADR	02364W105
SMTC	Semtech	1,330	$34,000	0.0%	$34.16	-28.7%	Common Stock	816850101
—	GT Advanced Technologies	2,000	$34,000	0.0%	$17.00	—	Common Stock	36191U106
—	Diebold	800	$32,000	0.0%	$33.75	—	Common Stock	253651103
—	LifePoint Hospitals	581	$32,000	0.0%	$48.19	—	Common Stock	53219L109
WEX	Wright Express Corp	322	$31,000	0.0%	$74.24	+23.4%	Common Stock	96208T104
—	Noble Energy	436	$31,000	0.0%	$59.63	—	Common Stock	655044105
WWW	Wolverine World Wide	1,034	$30,000	0.0%	$22.67	+1.9%	Common Stock	978097103
—	Stericycle	260	$30,000	0.0%	$111.54	—	Common Stock	858912108
DHR	Danaher	400	$30,000	0.0%	$25.01	+23.1%	Common Stock	235851102
—	Knight Transportation	1,237	$29,000	0.0%	$16.98	—	Common Stock	499064103
—	Furiex Pharmaceuticals	333	$29,000	0.0%	$34.64	—	Common Stock	36106P101
—	FPL Group Capital Trust I	1,100	$28,000	0.0%	$25.45	—	Preferred Stock	30257v207
IWM	ishares Russell 2000	238	$28,000	0.0%	$96.64	—	Common Stock	464287655
GPN	Global Payments	382	$27,000	0.0%	$22.14	+47.3%	Common Stock	37940X102
—	Analog Devices	500	$27,000	0.0%	$50.00	—	Common Stock	32654105
—	Agnico-Eagle Mines Ltd	900	$27,000	0.0%	$30.00	—	Common Stock	8474108
—	Entergy MISS 1st MTG	1,000	$25,000	0.0%	$25.00	—	Preferred Stock	29364N876
—	Nordstrom	400	$25,000	0.0%	$60.00	—	Common Stock	655664100
MDY	SPDR S&P Midcap 400 ETF	99	$25,000	0.0%	$212.12	—	Common Stock	78467Y107
—	Corp Office Props Trust CLASS H	1,000	$25,000	0.0%	$25.00	—	Preferred Stock	22002T603
—	Barrick Gold	1,400	$25,000	0.0%	$17.86	—	Common Stock	67901108
—	Actavis PLC	119	$24,000	0.0%	$168.07	—	Common Stock	G0083B108
LUV	Southwest Airlines	1,000	$24,000	0.0%	$11.86	+61.7%	Common Stock	844741108
—	Organovo Holdings Inc	3,000	$23,000	0.0%	$7.67	—	Common Stock	68620A104
—	Waste Connections	496	$22,000	0.0%	$40.32	—	Common Stock	941053100
—	Apartment Investment & Management	743	$22,000	0.0%	$29.61	—	Common Stock	03748R101
—	Bitauto Holdings Ltd. ADS	500	$18,000	0.0%	$36.00	—	Common Stock	91727107
KEY	Key	1,272	$18,000	0.0%	$6.48	+32.1%	Common Stock	493267108
TGT	Target	300	$18,000	0.0%	$47.95	-13.2%	Common Stock	87612E106
—	Health Care Property	302	$18,000	0.0%	$66.23	—	Common Stock	42217K106
NSRGY	Nestle's S.A.	227	$17,000	0.0%	$65.73	—	Common Stock	641069406
NEM	Newmont Mining	700	$16,000	0.0%	$18.43	0.0%	Common Stock	651639106
—	Hewlett-Packard	500	$16,000	0.0%	$24.00	—	Common Stock	428236103
KSS	Kohl's	275	$16,000	0.0%	$49.51	+8.3%	Common Stock	500255104
RF	Regions Financial	1,329	$15,000	0.0%	$5.80	+22.1%	Common Stock	7591EP100
—	HCP	381	$15,000	0.0%	$44.62	—	Common Stock	40414L109
—	Iron Mountain	496	$14,000	0.0%	$26.21	—	Common Stock	462846106
NI	NiSource	387	$14,000	0.0%	$7.81	+19.6%	Common Stock	65473P105
—	Ameren	333	$14,000	0.0%	$36.04	—	Common Stock	23608102
—	HSN	224	$13,000	0.0%	$53.57	—	Common Stock	404303109
DIS	Disney (Walt)	145	$12,000	0.0%	$56.11	+24.2%	Common Stock	254687106
—	Twenty-First Century Fox, A	330	$11,000	0.0%	$33.33	—	Common Stock	90130A101
D	Dominion Resources Inc./VA	120	$9,000	0.0%	$34.53	+20.0%	Common Stock	25746U109
—	Dreamworks Animation	330	$9,000	0.0%	$24.24	—	Common Stock	26153C103
LNC	Lincoln National	177	$9,000	0.0%	$22.50	+48.7%	Common Stock	534187109
COR	AmerisourceBergen Corp	110	$7,000	0.0%	$38.92	+26.6%	Common Stock	03073E105
—	DealerTrack Holdings	141	$7,000	0.0%	$35.46	—	Common Stock	242309102
GLW	Corning	300	$6,000	0.0%	$10.49	+31.8%	Common Stock	219350105
—	American Electric Power	120	$6,000	0.0%	$50.00	—	Common Stock	25537101
—	PIMCO Commercial Mortgage Secs	500	$6,000	0.0%	$12.00	—	Common Stock	69323T101
BDN	Brandywine Realty Trust	397	$6,000	0.0%	$12.59	—	Common Stock	105368203
MSI	Motorola Solutions	95	$6,000	0.0%	$47.42	+13.1%	Common Stock	620076307
—	Pennsylvania REIT	350	$6,000	0.0%	$20.00	—	Common Stock	709102107
—	Interval Leisure Group	224	$6,000	0.0%	$17.86	—	Common Stock	46113M108
—	Great Plains Energy Inc.	197	$5,000	0.0%	$20.30	—	Common Stock	391164100
—	Hutchison Whampoa ADR	192	$5,000	0.0%	$20.83	—	ADR	448415208
—	Cheung Kong (Holdings) ADR	328	$5,000	0.0%	$12.20	—	ADR	166744201
XEL	Xcel Energy	172	$5,000	0.0%	$19.78	+0.6%	Common Stock	98389B100
RIG	Transocean	78	$3,000	0.0%	$50.97	-14.7%	Common Stock	H8817H100
—	Telekom Austria AG ADR	148	$3,000	0.0%	$13.51	—	ADR	87943Q109
—	Staples	301	$3,000	0.0%	$16.61	—	Common Stock	855030102
—	Hillshire Brands	88	$3,000	0.0%	$34.09	—	Common Stock	432589109
—	TCW Convertible Securities Fund	375	$2,000	0.0%	$5.33	—	Common Stock	872340104
—	Hospira	40	$2,000	0.0%	$38.46	—	Common Stock	441060100
SWRAY	Swire Pac LTD	169	$2,000	0.0%	$11.83	—	ADR	870794302
—	Aviat Networks	630	$1,000	0.0%	$3.17	—	Common Stock	05366Y102
NWSA	News Corp. Cl A	82	$1,000	0.0%	$14.03	+8.3%	Common Stock	65249B109
NTDOY	Nintendo	86	$1,000	0.0%	$11.63	—	ADR	654445303
—	Frontier Communictions	70	$0	0.0%	—	—	Common Stock	35906A108
—	Chemtura Corp	10	$0	0.0%	—	—	Common Stock	163893209