Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVS	Novartis ADR	1,115,053	$101M	2.6%	$70.71	—	ADR	66987V109
JNJ	Johnson & Johnson	904,521	$94.63M	2.5%	$59.66	+22.6%	Common Stock	478160104
ADBE	Adobe Systems	1,220,436	$88.31M	2.3%	$44.30	+45.6%	Common Stock	00724F101
PEP	PepsiCo	951,938	$85.05M	2.2%	$56.00	+8.8%	Common Stock	713448108
UPS	United Parcel Service, B	821,042	$84.29M	2.2%	$55.38	+20.2%	Common Stock	911312106
LLY	Eli Lilly	1,284,865	$79.88M	2.1%	$42.21	+13.8%	Common Stock	532457108
—	Apple	837,760	$77.85M	2.0%	$159.80	—	Common Stock	37833100
QCOM	Qualcomm	833,209	$65.99M	1.7%	$45.06	+27.2%	Common Stock	747525103
TRMB	Trimble Navigation	1,763,678	$65.17M	1.7%	$27.63	+35.3%	Common Stock	896239100
—	Amgen	547,884	$64.85M	1.7%	$114.08	—	Common Stock	31162100
INTU	Intuit	792,154	$63.79M	1.7%	$54.39	+29.0%	Common Stock	461202103
AKAM	Akamai Technologies	1,006,354	$61.45M	1.6%	$41.83	+32.9%	Common Stock	00971T101
TSM	Taiwan Semiconductor ADS	2,788,597	$59.65M	1.6%	$18.32	—	ADR	874039100
UNP	Union Pacific	575,624	$57.42M	1.5%	$65.92	+13.4%	Common Stock	907818108
NVO	Novo Nordisk ADS	1,229,650	$56.8M	1.5%	$67.51	—	ADR	670100205
CHD	Church & Dwight	807,800	$56.51M	1.5%	$26.18	+12.1%	Common Stock	171340102
A	Agilent Technologies	922,822	$53.01M	1.4%	$27.97	+30.5%	Common Stock	00846U101
NSC	Norfolk Southern	513,800	$52.94M	1.4%	$57.67	+31.8%	Common Stock	655844108
—	Google, A	87,577	$51.2M	1.3%	$880.37	—	Common Stock	38259P508
CSCO	Cisco Systems	2,052,448	$51M	1.3%	$15.24	+9.2%	Common Stock	17275R102
TJX	TJX Companies	909,045	$48.32M	1.3%	$20.82	+16.9%	Common Stock	872540109
EL	Estee Lauder, Cl A	641,282	$47.62M	1.2%	$58.22	+8.9%	Common Stock	518439104
—	Potash Corp of Saskatchewan	1,253,401	$47.58M	1.2%	$37.10	—	Common Stock	73755L107
—	Express Scripts Holding	663,880	$46.03M	1.2%	$61.74	—	Common Stock	30219G108
ITW	Illinois Tool Works	513,925	$45M	1.2%	$49.85	+31.3%	Common Stock	452308109
GPC	Genuine Parts	505,180	$44.35M	1.2%	$54.12	+13.9%	Common Stock	372460105
CNI	Canadian National Railway	677,600	$44.06M	1.1%	$41.86	+15.4%	Common Stock	136375102
MSFT	Microsoft	1,015,579	$42.35M	1.1%	$26.70	+27.2%	Common Stock	594918104
NKE	Nike, Cl B	544,820	$42.25M	1.1%	$26.53	+21.2%	Common Stock	654106103
PPG	PPG Industries	200,000	$42.03M	1.1%	$59.61	+35.8%	Common Stock	693506107
CL	Colgate-Palmolive	610,508	$41.62M	1.1%	$44.38	+15.4%	Common Stock	194162103
ASML	ASML Holding NV (New York)	442,750	$41.3M	1.1%	$79.11	—	Common Stock	N07059210
ROK	Rockwell Automation	325,230	$40.71M	1.1%	$67.20	+45.6%	Common Stock	773903109
CSL	Carlisle Cos	461,000	$39.93M	1.0%	$55.89	+28.5%	Common Stock	142339100
FAST	Fastenal	801,960	$39.69M	1.0%	$8.84	+3.0%	Common Stock	311900104
BMY	Bristol-Myers Squibb	812,799	$39.43M	1.0%	$28.67	+16.9%	Common Stock	110122108
HUM	Humana	305,998	$39.08M	1.0%	$71.14	+51.7%	Common Stock	444859102
LOW	Lowe's	812,658	$39M	1.0%	$32.16	+17.7%	Common Stock	548661107
—	SanDisk	370,800	$38.72M	1.0%	$61.10	—	Common Stock	80004C101
GWW	W.W. Grainger	151,760	$38.59M	1.0%	$201.89	+4.7%	Common Stock	384802104
HON	Honeywell International	412,710	$38.36M	1.0%	$53.13	+23.7%	Common Stock	438516106
MMM	3M	262,917	$37.66M	1.0%	$61.26	+32.3%	Common Stock	88579Y101
—	PetSmart	616,560	$36.87M	1.0%	$66.99	—	Common Stock	716768106
PFE	Pfizer	1,236,417	$36.7M	1.0%	$16.46	+6.6%	Common Stock	717081103
XOM	Exxon Mobil	360,409	$36.29M	0.9%	$53.69	+15.2%	Common Stock	30231G102
LECO	Lincoln Electric Holdings	514,000	$35.92M	0.9%	$55.81	+21.5%	Common Stock	533900106
—	GlaxoSmithKline ADS	664,950	$35.56M	0.9%	$49.97	—	ADR	37733W105
SAP	SAP SE ADS	457,579	$35.23M	0.9%	$72.83	—	ADR	803054204
PH	Parker Hannifin	275,500	$34.64M	0.9%	$75.97	+35.2%	Common Stock	701094104
CLX	Clorox	376,165	$34.38M	0.9%	$60.00	+7.5%	Common Stock	189054109
KMB	Kimberly-Clark	302,925	$33.69M	0.9%	$63.06	+13.8%	Common Stock	494368103
—	E.I. du Pont de Nemours	504,450	$33.01M	0.9%	$54.97	—	Common Stock	263534109
PG	Procter & Gamble	409,862	$32.21M	0.8%	$55.00	+6.0%	Common Stock	742718109
—	Air Products & Chemicals	250,000	$32.16M	0.8%	$111.78	—	Common Stock	9158106
GIS	General Mills	605,338	$31.8M	0.8%	$31.98	+11.9%	Common Stock	370334104
—	Harris	414,660	$31.41M	0.8%	$49.25	—	Common Stock	413875105
EME	EMCOR Group	704,798	$31.39M	0.8%	$36.90	+16.6%	Common Stock	29084Q100
INTC	Intel	1,014,930	$31.36M	0.8%	$17.18	+20.4%	Common Stock	458140100
—	Total ADS	426,900	$30.82M	0.8%	$48.70	—	ADR	89151E109
MCHP	Microchip Technology	630,875	$30.79M	0.8%	$13.83	+35.0%	Common Stock	595017104
—	Kellogg	466,400	$30.64M	0.8%	$38.95	+7.2%	Common Stock	487836108
COP	ConocoPhillips	350,672	$30.06M	0.8%	$39.96	+33.5%	Common Stock	20825C104
—	Johnson Controls	600,000	$29.96M	0.8%	$35.79	—	Common Stock	478366107
EMR	Emerson Electric	450,000	$29.86M	0.8%	$40.02	+22.8%	Common Stock	291011104
—	Praxair	221,825	$29.47M	0.8%	$115.16	—	Common Stock	74005P104
—	United Technologies	251,797	$29.07M	0.8%	$92.94	—	Common Stock	913017109
—	Xilinx	611,219	$28.92M	0.8%	$39.73	—	Common Stock	983919101
—	Dentsply International	601,340	$28.47M	0.7%	$40.96	—	Common Stock	249030107
ORCL	Oracle	678,650	$27.51M	0.7%	$27.58	+25.7%	Common Stock	68389X105
INFY	Infosys ADS	500,000	$26.89M	0.7%	$41.19	—	ADR	456788108
SJM	JM Smucker	250,340	$26.68M	0.7%	$70.84	+0.8%	Common Stock	832696405
RRX	Regal-Beloit	333,600	$26.21M	0.7%	$69.87	+8.6%	Common Stock	758750103
SYK	Stryker	300,270	$25.32M	0.7%	$56.92	+25.0%	Common Stock	863667101
—	Becton, Dickinson & Co.	210,000	$24.84M	0.6%	$110.49	—	Common Stock	75887109
—	Crane	300,000	$22.31M	0.6%	$59.92	—	Common Stock	224399105
—	VCA Inc.	628,900	$22.07M	0.6%	$26.09	—	Common Stock	918194101
ABBV	AbbVie	384,763	$21.72M	0.6%	$26.55	+24.2%	Common Stock	00287Y109
MKC	McCormick & Co	302,500	$21.66M	0.6%	$28.19	+1.3%	Common Stock	579780206
—	BASF ADS	185,492	$21.61M	0.6%	$107.79	—	ADR	55262505
IT	Gartner	301,441	$21.26M	0.6%	$56.76	+22.8%	Common Stock	366651107
GNTX	Gentex	702,000	$20.42M	0.5%	$11.27	+29.6%	Common Stock	371901109
MEOH	Methanex	321,600	$19.87M	0.5%	$42.29	+45.1%	Common Stock	59151K108
—	AstraZeneca ADS	263,000	$19.54M	0.5%	$59.37	—	ADR	46353108
—	Unilever ADS	420,350	$19.05M	0.5%	$40.43	—	ADR	904767704
PSX	Phillips 66	223,379	$17.97M	0.5%	$39.78	+36.3%	Common Stock	718546104
CVE	Cenovus	540,773	$17.5M	0.5%	$22.39	+4.1%	Common Stock	15135U109
—	Celgene	200,000	$17.18M	0.4%	$101.43	—	Common Stock	151020104
—	Abbott Laboratories	411,307	$16.82M	0.4%	$38.33	—	Common Stock	2824100
—	Google, C	28,126	$16.18M	0.4%	$575.27	—	Common Stock	38259P706
NFG	National Fuel Gas	170,000	$13.31M	0.3%	$60.82	+21.2%	Common Stock	636180101
—	Convergys	561,733	$12.04M	0.3%	$17.43	—	Common Stock	212485106
CHT	Chunghwa Telecom ADS	339,419	$10.88M	0.3%	$32.11	—	ADR	17133Q502
SWK	Stanley Black & Decker	104,046	$9.137M	0.2%	$56.98	+11.4%	Common Stock	854502101
TU	Telus	236,000	$8.789M	0.2%	$17.32	+5.6%	Common Stock	87971M103
RPM	RPM International	183,900	$8.493M	0.2%	$32.11	+34.9%	Common Stock	749685103
PSO	Pearson ADS	404,890	$8.021M	0.2%	$17.94	—	ADR	705015105
—	Dun & Bradstreet	71,350	$7.863M	0.2%	$97.45	—	Common Stock	26483E100
—	Shire ADS	32,000	$7.536M	0.2%	$95.13	—	ADR	82481r106
—	EnCana	269,258	$6.384M	0.2%	$16.94	—	Common Stock	292505104
TS	Tenaris ADR	132,000	$6.224M	0.2%	$40.27	—	ADR	88031M109
—	Wolters Kluwer NV	180,000	$5.331M	0.1%	$29.62	—	Common Stock	S5671519L
TM	Toyota Motor ADS	42,715	$5.111M	0.1%	$120.66	—	ADR	892331307
TD	Toronto-Dominion Bank	93,144	$4.789M	0.1%	$42.67	+13.7%	Common Stock	891160509
FCX	Freeport-McMoRan Copper & Gold	124,824	$4.556M	0.1%	$24.45	+20.9%	Common Stock	35671D857
—	Belmond Ltd. CL A	310,000	$4.507M	0.1%	$14.54	—	Common Stock	G1154H107
CPA	Copa Holdings - A	30,000	$4.277M	0.1%	$87.82	+11.8%	Common Stock	P31076105
DASTY	Dassault Systems ADR	30,000	$3.865M	0.1%	$122.63	—	ADR	237545108
—	Telenor ASA	145,000	$3.3M	0.1%	$22.76	—	Common Stock	S4732495L
VZ	Verizon Communications	67,300	$3.293M	0.1%	$25.88	+3.6%	Common Stock	92343V104
NICE	Nice Systems ADS	80,000	$3.265M	0.1%	$36.89	—	ADR	653656108
MUFG	Mitsubishi UFJ Financial ADR	500,000	$3.075M	0.1%	$6.21	—	ADR	606822104
TELFY	Telefonica ADS	177,010	$3.037M	0.1%	$12.81	—	ADR	879382208
FMX	Fomento Economico Mex ADS (FEMSA)	30,000	$2.81M	0.1%	$103.20	—	ADR	344419106
E	Eni SpA ADS	50,000	$2.745M	0.1%	$41.04	—	ADR	26874R108
BCE	BCE	60,469	$2.743M	0.1%	$22.29	+3.4%	Common Stock	05534B760
SNY	Sanofi ADS	51,212	$2.723M	0.1%	$51.50	—	ADR	80105N105
—	Australia & New Zealand Banking ADS	84,000	$2.642M	0.1%	$28.85	—	ADR	52528304
—	BHP Billiton ADS	32,928	$2.254M	0.1%	$68.21	—	ADR	88606108
—	LATAM Airlines ADS	163,482	$2.194M	0.1%	$16.83	—	ADR	51817R106
WLY	John Wiley & Sons, A	35,000	$2.121M	0.1%	$27.09	+49.4%	Common Stock	968223206
—	Statoil ADS	64,703	$1.995M	0.1%	$20.69	—	ADR	85771P102
WDC	Western Digital	20,059	$1.851M	0.0%	$35.69	+55.3%	Common Stock	958102105
MELI	MercadoLibre	17,714	$1.69M	0.0%	$106.33	-18.9%	Common Stock	58733R102
SQM	Quimica y Minera Chile ADS	57,000	$1.671M	0.0%	$38.49	—	ADR	833635105
FFIV	F5 Networks	14,622	$1.629M	0.0%	$79.95	+34.6%	Common Stock	315616102
VOD	Vodafone Group ADS	47,166	$1.575M	0.0%	$36.81	—	ADR	92857W308
DAL	Delta Air Lines	40,000	$1.549M	0.0%	$14.99	+119.3%	Common Stock	247361702
—	BG Group ADR	70,000	$1.495M	0.0%	$21.69	—	ADR	55434203
—	Mead Johnson Nutrition	15,875	$1.479M	0.0%	$79.53	—	Common Stock	582839106
—	Apache	13,377	$1.346M	0.0%	$85.97	—	Common Stock	37411105
CRRFY	Carrefour S.A. ADS	170,000	$1.241M	0.0%	$5.43	—	ADR	144430204
—	Enbridge Energy Partners LP	32,051	$1.184M	0.0%	$30.48	—	Common Stock	29250R106
EBAY	eBay	23,413	$1.172M	0.0%	$20.00	-3.0%	Common Stock	278642103
TKC	Turkcell Iletisim Hizmetleri ADS	75,000	$1.17M	0.0%	$14.37	—	ADR	900111204
META	Facebook, Cl A	16,886	$1.136M	0.0%	$54.10	+12.9%	Common Stock	30303M102
TLK	Telekomunikasi Indonesia ADS	26,600	$1.108M	0.0%	$42.73	—	ADR	715684106
SAN	Banco Santander ADS	104,502	$1.089M	0.0%	$6.62	—	ADR	05964H105
HAIN	Hain Celestial Group	11,557	$1.026M	0.0%	$39.59	+12.5%	Common Stock	405217100
—	Salix Pharmaceuticals	8,292	$1.023M	0.0%	$66.93	—	Common Stock	795435106
IDA	Idacorp	17,100	$989K	0.0%	$48.08	+14.9%	Common Stock	451107106
VALE	Vale ADS	72,500	$959K	0.0%	$13.15	—	ADR	91912E105
—	SK Telecom ADR	36,200	$939K	0.0%	$20.33	—	ADR	78440P108
VMI	Valmont Industries	5,973	$908K	0.0%	$144.99	+6.2%	Common Stock	920253101
—	Whiting Petroleum	11,270	$904K	0.0%	$50.66	—	Common Stock	966387102
—	Amazon.com	2,711	$880K	0.0%	$398.77	—	Common Stock	23135106
CVS	CVS Caremark	11,186	$843K	0.0%	$42.46	+29.3%	Common Stock	126650100
—	Monster Beverage	11,750	$835K	0.0%	$60.83	—	Common Stock	611740101
SSL	Sasol ADS	14,000	$828K	0.0%	$44.86	—	ADR	803866300
—	Chubb	8,925	$823K	0.0%	$84.71	—	Common Stock	171232101
NJDCY	Nidec ADS	53,406	$822K	0.0%	$16.46	—	ADR	654090109
SBBSF	Sabana Shariah Comp Indl REIT	958,500	$804K	0.0%	$0.91	—	Common Stock	Y7368R104
IVZ	Invesco	20,044	$757K	0.0%	$19.70	+11.4%	Common Stock	G491BT108
VFC	VF Corp	12,000	$756K	0.0%	$49.70	+17.0%	Common Stock	918204108
—	Boeing	5,865	$746K	0.0%	$136.10	—	Common Stock	97023105
F	Ford Motor	43,010	$741K	0.0%	$7.87	+12.7%	Common Stock	345370860
—	Alaska Air	7,625	$725K	0.0%	$73.31	—	Common Stock	11659109
—	Borg-Warner Automotive	10,843	$707K	0.0%	$62.77	—	Common Stock	99724106
—	Aspen Pharmacare Holdings	25,000	$703K	0.0%	$28.12	—	Common Stock	SB09C0Z1L
—	Sinopharm Group - H	250,000	$692K	0.0%	$2.77	—	Common Stock	SB3ZVDV0L
PHG	Koninklijke Philips NV (NY)	21,654	$688K	0.0%	$35.14	—	Common Stock	500472303
IBM	International Business Machines	3,780	$685K	0.0%	$118.94	-5.6%	Common Stock	459200101
MCO	Moody's	7,655	$671K	0.0%	$53.10	+37.7%	Common Stock	615369105
—	EMC	25,429	$670K	0.0%	$25.51	—	Common Stock	268648102
—	AutoNavi Holdings ADS	32,000	$669K	0.0%	$12.52	—	ADR	05330F106
—	Baidu ADS	3,500	$654K	0.0%	$177.80	—	ADR	56752108
—	Bangkok Dusit Medical Services NVDR	1,250,000	$643K	0.0%	$0.51	—	Common Stock	SB013SV4L
—	Noble	19,012	$638K	0.0%	$37.48	—	Common Stock	G65431101
—	Diageo plc	20,000	$636K	0.0%	$31.80	—	Common Stock	S2144724L
—	Kalbe Farma PT	4,500,000	$630K	0.0%	$0.14	—	Common Stock	S6728102L
—	Metso ADS	16,300	$619K	0.0%	$33.92	—	ADR	592671101
CVX	Chevron Corporation	4,707	$614K	0.0%	$71.30	+6.5%	Common Stock	166764100
—	Genomma Lab Internacional - B	220,000	$596K	0.0%	$2.71	—	Common Stock	SB3B1C73L
DANOY	Danone ADS	39,362	$588K	0.0%	$15.00	—	ADR	23636T100
—	Bed Bath & Beyond	10,135	$582K	0.0%	$80.32	—	Common Stock	75896100
—	M. Dias Branco SA	13,000	$570K	0.0%	$43.85	—	Common Stock	SB1FRH89L
—	Teekay LNG Partners LP	12,150	$561K	0.0%	$43.73	—	Common Stock	Y8564M105
T	AT&T	15,768	$558K	0.0%	$11.28	+4.4%	Common Stock	00206R102
—	Unilever N.V.	12,484	$546K	0.0%	$39.34	—	Common Stock	904784709
—	Ashland	5,006	$544K	0.0%	$99.48	—	Common Stock	44209104
—	Petronas Gas Bhd	70,000	$534K	0.0%	$7.63	—	Common Stock	S6703972L
—	Synchronoss Technologies	15,000	$524K	0.0%	$30.87	—	Common Stock	87157B103
—	CNOOC Ltd ADR	2,900	$520K	0.0%	$169.22	—	ADR	126132109
—	National Grid PLC ADS	6,713	$499K	0.0%	$56.63	—	ADR	636274300
—	Ford Otomotiv Sanayi	40,000	$498K	0.0%	$12.45	—	Common Stock	SB03MSR5L
—	Plum Creek Timber	10,943	$494K	0.0%	$46.67	—	Common Stock	729251108
—	IOI Bhd	300,000	$491K	0.0%	$1.64	—	Common Stock	SB1Y3WG1L
PSIX	Power Solutions International	6,708	$483K	0.0%	$37.12	+106.9%	Common Stock	73933G202
HOKCY	Hong Kong & China Gas ADS	220,000	$475K	0.0%	$2.43	—	ADR	438550303
—	Manila Electric Co	80,000	$469K	0.0%	$5.86	—	Common Stock	SB247XZ6L
—	Kimberly-Clark de Mexico, A	160,000	$449K	0.0%	$2.81	—	Common Stock	S2491914L
—	Semen Indonesia (Persero) Tbk PT	350,000	$446K	0.0%	$1.27	—	Common Stock	S67952360
—	MTN Group LTD	21,000	$442K	0.0%	$21.05	—	Common Stock	S6563206L
—	Memorial Production Partners	18,000	$436K	0.0%	$19.60	—	Common Stock	586048100
—	PGE S.A.	60,000	$427K	0.0%	$7.12	—	Common Stock	SB544PW9L
CAJPY	Canon ADS	13,050	$427K	0.0%	$32.87	—	ADR	138006309
—	Axiata Group Berhad	195,000	$423K	0.0%	$2.17	—	Common Stock	SB2QZGV5L
RIO	Rio Tinto PLC ADS	7,628	$414K	0.0%	$41.03	—	ADR	767204100
—	Mindray Medical International ADR	13,000	$410K	0.0%	$37.83	—	ADR	602675100
—	IHH Healthcare Bhd	300,000	$409K	0.0%	$1.36	—	Common Stock	SB83X6P8L
UNH	UnitedHealth Group	4,730	$387K	0.0%	$50.75	+28.5%	Common Stock	91324P102
PBR	Petroleo Brasileiro ADS	26,400	$386K	0.0%	$13.56	—	ADR	71654V408
—	Richter Gedeon	20,000	$384K	0.0%	$19.20	—	Common Stock	S4042387L
—	Aboitiz Power (Philippines)	450,000	$378K	0.0%	$0.84	—	Common Stock	SB1Z9Q99L
—	General Electric	14,400	$378K	0.0%	$23.21	—	Common Stock	369604103
—	BIMB Holdings Bhd	280,000	$372K	0.0%	$1.33	—	Common Stock	S6100379L
MIDD	Middleby	4,482	$371K	0.0%	$72.40	+13.7%	Common Stock	596278101
KEP	Korea Electric Power ADS	20,000	$368K	0.0%	$11.30	—	ADR	500631106
—	KPJ Healthcare	344,666	$363K	0.0%	$1.05	—	Common Stock	S64935850
SLB	Schlumberger Ltd	3,045	$359K	0.0%	$52.90	+41.5%	Common Stock	806857108
—	Clicks Group Ltd	60,000	$358K	0.0%	$5.97	—	Common Stock	S6105578L
—	BlackRock	1,111	$355K	0.0%	$312.32	—	Common Stock	09247X101
—	Jasa Marga (Persero) Tbk PT	700,000	$353K	0.0%	$0.50	—	Common Stock	SB28T1S7L
COST	Costco Wholesale	3,000	$345K	0.0%	$86.56	+6.1%	Common Stock	22160K105
—	Kinder Morgan Energy Partners	4,100	$337K	0.0%	$85.37	—	Common Stock	494550106
MAT	Mattel	8,600	$335K	0.0%	$44.76	-13.3%	Common Stock	577081102
—	FleetCor Technologies	2,522	$332K	0.0%	$131.64	—	Common Stock	339041105
—	Alamos Gold	32,500	$329K	0.0%	$12.12	—	Common Stock	11527959
AVA	Avista	9,700	$325K	0.0%	$16.44	+20.4%	Common Stock	05379B107
SBUX	Starbucks	4,107	$318K	0.0%	$29.14	-0.9%	Common Stock	855244109
—	Telefonica Brasil S.A. ADS	15,000	$308K	0.0%	$22.81	—	ADR	87936R106
—	Robinson Department Store - NVDR	175,000	$307K	0.0%	$1.75	—	Common Stock	S6362953L
SPH	Suburban Propane Partners LP	6,500	$299K	0.0%	$46.46	—	Common Stock	864482104
SGAPY	Singapore Telecom ADR	9,600	$296K	0.0%	$29.72	—	ADR	82929R304
KOF	Coca-Cola Femsa ADS	2,527	$287K	0.0%	$140.27	—	ADR	191241108
FSLR	First Solar	4,000	$284K	0.0%	$44.50	+48.7%	Common Stock	336433107
—	Philippine Long Distance ADS	4,200	$283K	0.0%	$67.86	—	ADR	718252604
RJF	Raymond James Financial	5,568	$282K	0.0%	$24.09	+16.9%	Common Stock	754730109
—	CCR SA	33,500	$274K	0.0%	$8.18	—	Common Stock	S2840970L
—	Spectra Energy	6,258	$266K	0.0%	$34.48	—	Common Stock	847560109
—	SM Prime Holdings	730,000	$265K	0.0%	$0.36	—	Common Stock	S6818843L
GILD	Gilead Sciences	3,200	$265K	0.0%	$36.21	+49.3%	Common Stock	375558103
—	Aon Corp	2,912	$262K	0.0%	$64.22	—	Common Stock	G0408V102
MRK	Merck & Co	4,445	$257K	0.0%	$30.02	+26.5%	Common Stock	58933Y105
DUK	Duke Energy	3,450	$256K	0.0%	$41.83	+6.4%	Common Stock	26441C204
—	Royal Dutch Shell ADS	2,900	$239K	0.0%	$64.63	—	ADR	780259206
—	Senior Housing PPTYS Trust	9,800	$238K	0.0%	$25.92	—	Common Stock	81721M109
—	Harman International Industries	2,200	$236K	0.0%	$54.09	—	Common Stock	413086109
MTNOY	MTN Group LTD - Spons ADR	11,100	$234K	0.0%	$18.51	—	ADR	62474M108
—	Tata Motors ADS	5,942	$232K	0.0%	$23.45	—	ADR	876568502
—	Millicom Intl Cellular SDR	2,500	$229K	0.0%	$91.60	—	ADR	SB002LM8L
—	Canadian Oil Sands Ltd.	10,000	$227K	0.0%	$18.80	—	Common Stock	13643E105
ACN	Accenture PLC, A	2,800	$226K	0.0%	$64.22	+3.0%	Common Stock	G1151C101
SRE	Sempra Energy	2,140	$224K	0.0%	$27.60	+25.4%	Common Stock	816851109
—	PAREXEL International	4,000	$211K	0.0%	$46.00	—	Common Stock	699462107
—	Indofood CBP Sukses Makmur	250,000	$211K	0.0%	$0.84	—	Common Stock	SB4LD3M8L
WMB	Williams Companies	3,500	$204K	0.0%	$18.03	+34.1%	Common Stock	969457100
—	Whistler Blackcomb Holdings	12,000	$200K	0.0%	$13.33	—	Common Stock	96336D955
HDSN	Hudson Technologies	68,041	$197K	0.0%	$3.06	-4.4%	Common Stock	444144109
—	Telstra ADR	8,000	$197K	0.0%	$21.84	—	ADR	87969N204
FESNF	First Real Estate Investment Trust	200,000	$190K	0.0%	$0.89	—	Common Stock	Y2560E100
—	Daimler AG	2,000	$187K	0.0%	$93.50	—	Common Stock	S5529027L
NUE	Nucor	3,800	$187K	0.0%	$32.83	+17.7%	Common Stock	670346105
—	AmSurg	3,947	$180K	0.0%	$35.13	—	Common Stock	03232P405
—	Anadarko Petroleum	1,600	$175K	0.0%	$79.38	—	Common Stock	32511107
TRIP	TripAdvisor, Cl A	1,600	$174K	0.0%	$65.10	+25.6%	Common Stock	896945201
—	Tiger Brands Ltd	6,000	$173K	0.0%	$28.83	—	Common Stock	SB0J4PP2L
SPG	Simon Property Group	1,026	$171K	0.0%	$88.80	+5.0%	Common Stock	828806109
—	Enersis ADS	10,000	$169K	0.0%	$16.36	—	ADR	29274F104
EMBJ	Embraer SA ADR	4,612	$168K	0.0%	$36.85	—	ADR	29082A107
—	Groupe Bruxelles Lambert SA	1,600	$166K	0.0%	$103.75	—	Common Stock	S70973284
—	Duke Realty	8,900	$162K	0.0%	$15.62	—	Common Stock	264411505
IMPUY	Impala Platinum ADS	16,000	$160K	0.0%	$9.31	—	ADR	452553308
JPM	JP Morgan Chase	2,640	$152K	0.0%	$36.24	+13.7%	Common Stock	46625H100
—	Donnelley (RR) & Sons	8,424	$143K	0.0%	$14.01	—	Common Stock	257867101
DVN	Devon Energy	1,800	$143K	0.0%	$37.36	+31.2%	Common Stock	25179M103
—	Alere	3,766	$141K	0.0%	$34.25	—	Common Stock	01449J105
—	Sanderson Farms	1,400	$136K	0.0%	$78.57	—	Common Stock	800013104
—	Walgreen	1,794	$133K	0.0%	$44.04	—	Common Stock	931422109
—	JPM Chase Capital, Pfd C 6.70%	5,000	$130K	0.0%	$25.40	—	Preferred Stock	48125E207
NEE	NextEra Energy	1,250	$128K	0.0%	$14.15	+26.6%	Common Stock	65339F101
EONGY	E.ON ADR	6,000	$124K	0.0%	$16.80	—	ADR	268780103
—	Bank of America	8,000	$123K	0.0%	$15.63	—	Common Stock	60505104
WFC	Wells Fargo & Co	2,315	$122K	0.0%	$27.36	+32.7%	Common Stock	949746101
—	Sibanye Gold Ltd ADS	11,000	$121K	0.0%	$4.61	—	ADR	825724206
PNC	PNC Bank	1,355	$121K	0.0%	$47.34	+26.3%	Common Stock	693475105
—	IOI Properties Group Bhd	150,000	$118K	0.0%	$0.79	—	Common Stock	SBH7JFJ2L
TELNY	Telenor ASA ADR	1,706	$117K	0.0%	$59.20	—	ADR	87944W105
—	Morgan Stanley Cap Tr, Cum Pfd	4,500	$114K	0.0%	$24.89	—	Preferred Stock	61750K208
—	Hopewell Highway Infrastructure	225,000	$113K	0.0%	$0.50	—	Common Stock	S6665016L
EOG	EOG Resources	970	$113K	0.0%	$61.60	+24.5%	Common Stock	26875P101
—	NY Community Bancorp	7,000	$112K	0.0%	$14.41	—	Common Stock	649445103
NRG	NRG Energy	3,000	$112K	0.0%	$20.46	+30.2%	Common Stock	629377508
GFI	Gold Fields Ltd ADS	30,000	$112K	0.0%	$3.74	—	ADR	38059T106
—	Georgia Power CO Cl A PFD 6.125%	4,000	$112K	0.0%	$26.25	—	Preferred Stock	373334473
—	Tupperware	1,300	$109K	0.0%	$83.85	—	Common Stock	899896104
ITUB	Itau Unibanco Holding pf ADR	7,260	$104K	0.0%	$13.01	—	ADR	465562106
—	GDF Suez ADS	3,725	$103K	0.0%	$20.57	—	ADR	36160B105
SANTAN 10.5 PERP 10	Santander 10.5% Pfd Series 10	4,000	$103K	0.0%	$27.00	—	Preferred Stock	E8683R144
—	Atlas Pipeline Partners	3,000	$103K	0.0%	$35.00	—	Common Stock	49392103
—	Sun Hydraulics	2,500	$102K	0.0%	$40.80	—	Common Stock	866942105
—	Advanced Info Service (Forgn Shs)	15,000	$102K	0.0%	$6.80	—	Common Stock	S6412591L
—	Singapore Dollar	124,400	$100K	0.0%	$0.80	—	Common Stock	SGD999996
NVZMY	Novozymes A/S ADR	2,000	$100K	0.0%	$32.00	—	ADR	670108109
—	China Petrolem & Chem (Sinopec) ADR	1,040	$99,000	0.0%	$88.17	—	ADR	16941R108
—	Reitmans (Canada) Ltd - A	17,400	$98,000	0.0%	$6.38	—	Common Stock	759404957
PTKFY	Kalbe Farma PT ADR	3,500	$98,000	0.0%	$20.50	—	ADR	69368A108
—	Malayan Banking Bhd	32,000	$98,000	0.0%	$3.06	—	Common Stock	S6556325L
PRDSY	Prada ADR	6,900	$97,000	0.0%	$18.61	—	ADR	73942H100
—	BP plc ADS	1,791	$94,000	0.0%	$48.57	—	ADR	55622104
ORANY	Orange SA	5,900	$93,000	0.0%	$9.49	—	ADR	684060106
CDE	Coeur Mining	10,000	$92,000	0.0%	$14.55	-43.5%	Common Stock	192108504
ZBH	Zimmer	870	$90,000	0.0%	$67.30	+31.7%	Common Stock	98956P102
KMX	Carmax	1,680	$87,000	0.0%	$45.40	+0.0%	Common Stock	143130102
CULP	Culp	5,000	$87,000	0.0%	$14.70	0.0%	Common Stock	230215105
—	Dow Chemical	1,667	$86,000	0.0%	$32.03	—	Common Stock	260543103
CRL	Charles River Laboratories	1,495	$80,000	0.0%	$42.84	+28.1%	Common Stock	159864107
PSA	Public Storage International	450	$77,000	0.0%	$97.16	+12.5%	Common Stock	74460D109
—	Alcoa	5,055	$75,000	0.0%	$10.57	—	Common Stock	13817101
EXPO	Exponent	1,000	$74,000	0.0%	$15.58	0.0%	Common Stock	30214U102
—	Penn West Petroleum	7,500	$73,000	0.0%	$9.73	—	Common Stock	707887105
MORN	Morningstar	1,000	$72,000	0.0%	$69.29	+5.5%	Common Stock	617700109
ABEV	Ambev SA ADR	10,000	$70,000	0.0%	$7.40	—	ADR	02319V103
ZBRA	Zebra Technologies, Cl A	817	$67,000	0.0%	$45.53	+60.3%	Common Stock	989207105
WOR	Worthington Industries	1,500	$65,000	0.0%	$20.24	+19.6%	Common Stock	981811102
—	Stage Stores	3,487	$65,000	0.0%	$23.52	—	Common Stock	85254C305
NTRS	Northern Trust	1,000	$64,000	0.0%	$40.35	+12.7%	Common Stock	665859104
EIX	Edison International	1,080	$63,000	0.0%	$30.71	+16.8%	Common Stock	281020107
—	Alere, perp pfd conv ser B	199	$63,000	0.0%	$226.13	—	Convt Prefrd Stock	01449J204
—	Integrated Device Technology	4,030	$62,000	0.0%	$7.94	—	Common Stock	458118106
NSFDF	NXT Energy Solutions	54,522	$59,000	0.0%	$1.51	-33.7%	Common Stock	62948Q107
—	Weatherford International	2,580	$59,000	0.0%	$22.87	—	Common Stock	G48833100
KO	Coca-Cola Co	1,340	$57,000	0.0%	$26.89	+4.5%	Common Stock	191216100
—	Boardwalk Pipeline Partners LP	3,000	$56,000	0.0%	$25.67	—	Common Stock	96627104
FISV	Fiserv	900	$54,000	0.0%	$24.45	+21.2%	Common Stock	337738108
—	ARM Holdings plc ADS	1,151	$52,000	0.0%	$54.45	—	ADR	42068106
—	Telephone & Data Sys 6.625% Pfd	2,100	$52,000	0.0%	$24.76	—	Preferred Stock	879433852
—	Telecom New Zealand ADS	4,266	$50,000	0.0%	$8.61	—	ADR	879278208
HD	Home Depot	610	$49,000	0.0%	$56.98	+5.5%	Common Stock	437076102
EXPE	Expedia	561	$44,000	0.0%	$50.45	+35.4%	Common Stock	30212P303
GLD	SPDR Gold Trust GS	337	$43,000	0.0%	$118.69	—	Common Stock	78463V107
—	Raytheon	444	$41,000	0.0%	$65.32	—	Common Stock	755111507
—	IAC/InterActiveCorp	561	$39,000	0.0%	$48.13	—	Common Stock	44919P508
ULBI	Ultralife	10,000	$38,000	0.0%	$3.90	-1.8%	Common Stock	903899102
—	GT Advanced Technologies	2,000	$37,000	0.0%	$17.00	—	Common Stock	36191U106
—	America Movil ADR	1,790	$37,000	0.0%	$21.75	—	ADR	02364W105
—	LifePoint Hospitals	581	$36,000	0.0%	$48.19	—	Common Stock	53219L109
STT	State Street	528	$36,000	0.0%	$44.60	+7.4%	Common Stock	857477103
SMTC	Semtech	1,330	$35,000	0.0%	$34.16	-26.4%	Common Stock	816850101
—	Furiex Pharmaceuticals	333	$35,000	0.0%	$34.64	—	Common Stock	36106P101
—	Agnico-Eagle Mines Ltd	900	$34,000	0.0%	$30.00	—	Common Stock	8474108
—	Noble Energy	436	$34,000	0.0%	$59.63	—	Common Stock	655044105
WEX	Wright Express Corp	322	$34,000	0.0%	$74.24	+28.7%	Common Stock	96208T104
—	Diebold	800	$32,000	0.0%	$33.75	—	Common Stock	253651103
DHR	Danaher	400	$31,000	0.0%	$25.01	+24.4%	Common Stock	235851102
—	Stericycle	260	$31,000	0.0%	$111.54	—	Common Stock	858912108
—	Knight Transportation	1,237	$29,000	0.0%	$16.98	—	Common Stock	499064103
IWM	iShares Russell 2000	238	$28,000	0.0%	$96.64	—	Common Stock	464287655
—	FPL Group Capital Trust I	1,100	$28,000	0.0%	$25.45	—	Preferred Stock	30257v207
GPN	Global Payments	382	$28,000	0.0%	$22.14	+47.5%	Common Stock	37940X102
WWW	Wolverine World Wide	1,034	$27,000	0.0%	$22.67	-3.9%	Common Stock	978097103
—	Nordstrom	400	$27,000	0.0%	$60.00	—	Common Stock	655664100
—	Actavis PLC	119	$27,000	0.0%	$168.07	—	Common Stock	G0083B108
—	Analog Devices	500	$27,000	0.0%	$50.00	—	Common Stock	32654105
LUV	Southwest Airlines	1,000	$27,000	0.0%	$11.86	+86.7%	Common Stock	844741108
MDY	SPDR S&P Midcap 400 ETF	99	$26,000	0.0%	$212.12	—	Common Stock	78467Y107
—	Barrick Gold	1,400	$26,000	0.0%	$17.86	—	Common Stock	67901108
—	Organovo Holdings Inc	3,000	$25,000	0.0%	$7.67	—	Common Stock	68620A104
—	Entergy MISS 1st MTG	1,000	$25,000	0.0%	$25.00	—	Preferred Stock	29364N876
—	Waste Connections	496	$24,000	0.0%	$40.32	—	Common Stock	941053100
—	Apartment Investment & Management	743	$24,000	0.0%	$29.61	—	Common Stock	03748R101
—	Bitauto Holdings Ltd. ADS	500	$24,000	0.0%	$36.00	—	Common Stock	91727107
—	Health Care Property	302	$19,000	0.0%	$66.23	—	Common Stock	42217K106
—	Iron Mountain	496	$18,000	0.0%	$26.21	—	Common Stock	462846106
KEY	Key	1,272	$18,000	0.0%	$6.48	+36.9%	Common Stock	493267108
NEM	Newmont Mining	700	$18,000	0.0%	$18.43	+1.7%	Common Stock	651639106
NSRGY	Nestle's SA ADS	227	$18,000	0.0%	$65.73	—	ADR	641069406
TGT	Target	300	$17,000	0.0%	$47.95	-13.2%	Common Stock	87612E106
—	Hewlett-Packard	500	$17,000	0.0%	$24.00	—	Common Stock	428236103
—	HCP	381	$16,000	0.0%	$44.62	—	Common Stock	40414L109
—	BIMB Holdings BHD Warrants	80,000	$15,000	0.0%	$0.19	—	Warrant	SBG7ZLL7L
NI	NiSource	387	$15,000	0.0%	$7.81	+28.8%	Common Stock	65473P105
RF	Regions Financial	1,329	$14,000	0.0%	$5.80	+21.2%	Common Stock	7591EP100
—	Ameren	333	$14,000	0.0%	$36.04	—	Common Stock	23608102
KSS	Kohl's	275	$14,000	0.0%	$49.51	+9.4%	Common Stock	500255104
—	HSN	224	$13,000	0.0%	$53.57	—	Common Stock	404303109
DIS	Disney (Walt)	145	$12,000	0.0%	$56.11	+30.9%	Common Stock	254687106
—	Twenty-First Century Fox, A	330	$12,000	0.0%	$33.33	—	Common Stock	90130A101
—	Washington Prime Group Inc	513	$10,000	0.0%	$19.49	—	Common Stock	939647103
LNC	Lincoln National	177	$9,000	0.0%	$22.50	+46.7%	Common Stock	534187109
D	Dominion Resources Inc./VA	120	$9,000	0.0%	$34.53	+24.3%	Common Stock	25746U109
—	Dreamworks Animation	330	$8,000	0.0%	$24.24	—	Common Stock	26153C103
COR	AmerisourceBergen Corp	110	$8,000	0.0%	$38.92	+28.0%	Common Stock	03073E105
—	American Electric Power	120	$7,000	0.0%	$50.00	—	Common Stock	25537101
—	Pennsylvania REIT	350	$7,000	0.0%	$20.00	—	Common Stock	709102107
GLW	Corning	300	$7,000	0.0%	$10.49	+49.4%	Common Stock	219350105
—	DealerTrack Holdings	141	$6,000	0.0%	$35.46	—	Common Stock	242309102
—	Cheung Kong (Holdings) ADR	328	$6,000	0.0%	$12.20	—	ADR	166744201
—	PIMCO Commercial Mortgage Secs	500	$6,000	0.0%	$12.00	—	Common Stock	69323T101
XEL	Xcel Energy	172	$6,000	0.0%	$19.78	+7.9%	Common Stock	98389B100
MSI	Motorola Solutions	95	$6,000	0.0%	$47.42	+14.5%	Common Stock	620076307
BDN	Brandywine Realty Trust	397	$6,000	0.0%	$12.59	—	Common Stock	105368203
—	Hutchison Whampoa ADR	192	$5,000	0.0%	$20.83	—	ADR	448415208
—	Interval Leisure Group	224	$5,000	0.0%	$17.86	—	Common Stock	46113M108
—	Hillshire Brands	88	$5,000	0.0%	$34.09	—	Common Stock	432589109
—	Great Plains Energy Inc.	197	$5,000	0.0%	$20.30	—	Common Stock	391164100
—	KPJ Healthcare Warrants	29,332	$5,000	0.0%	$0.17	—	Warrant	S6493599L
RIG	Transocean	78	$4,000	0.0%	$50.97	-16.5%	Common Stock	H8817H100
—	Staples	301	$3,000	0.0%	$16.61	—	Common Stock	855030102
SWRAY	Swire Pac LTD	169	$2,000	0.0%	$11.83	—	ADR	870794302
—	Hospira	40	$2,000	0.0%	$38.46	—	Common Stock	441060100
—	TCW Convertible Securities Fund	375	$2,000	0.0%	$5.33	—	Common Stock	872340104
NTDOY	Nintendo	86	$1,000	0.0%	$11.63	—	ADR	654445303
NWSA	News Corp. Cl A	82	$1,000	0.0%	$14.03	+8.1%	Common Stock	65249B109
—	Aviat Networks	630	$1,000	0.0%	$3.17	—	Common Stock	05366Y102
—	Frontier Communictions	70	$0	0.0%	—	—	Common Stock	35906A108
—	Pan American Silver Corp WTS REG S	200	$0	0.0%	—	—	Warrant	C71800103
—	Chemtura Corp	10	$0	0.0%	—	—	Common Stock	163893209