Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Coach Inc	911,184	$52.02M	21.2%	$57.09	—	COM	189754104
—	Alfa S.A.B. de C.V.	6,164,050	$14.78M	6.0%	$2.40	—	COM	p0156p117
IBOC	International Bancshares Corp.	629,799	$14.22M	5.8%	$14.96	0.0%	COM	459044103
—	Powershares QQQ Trust Series 1	126,687	$9.029M	3.7%	$71.27	—	COM	73935A104
—	First Trust ISE-Revere Natural	448,050	$7.205M	2.9%	$16.08	—	COM	33734j102
—	PowerShares KBW Bank ETF	177,350	$5.594M	2.3%	$31.54	—	COM	73937b746
ITB	iShares DJ US Home Constructio	248,301	$5.557M	2.3%	$22.38	—	COM	464288752
—	General Electric Company	169,658	$3.934M	1.6%	$23.19	—	COM	369604103
MGC	Vanguard Mega Cap 300 Index ET	69,660	$3.807M	1.5%	$54.65	—	COM	921910873
MGK	Vanguard MegaCap300 Growth Ind	55,235	$3.337M	1.4%	$60.41	—	COM	921910816
C	Citigroup Inc	64,807	$3.109M	1.3%	$35.76	0.0%	COM	172967424
BAC	Bank of America Corp	199,879	$2.57M	1.0%	$10.03	0.0%	COM	060505104
PFE	Pfizer, Inc.	91,248	$2.556M	1.0%	$16.46	0.0%	COM	717081103
—	PCM Fund, Inc.	200,937	$2.357M	1.0%	$11.73	—	COM	69323T101
MSFT	Microsoft Corp	67,889	$2.345M	1.0%	$26.70	0.0%	COM	594918104
HD	Home Depot Inc	29,671	$2.299M	0.9%	$56.05	0.0%	COM	437076102
UNH	UnitedHealth Group, Inc.	35,018	$2.293M	0.9%	$50.75	0.0%	COM	91324P102
INTC	Intel Corp	92,151	$2.233M	0.9%	$17.18	0.0%	COM	458140100
—	Hewlett-Packard Company	89,177	$2.212M	0.9%	$24.80	—	COM	428236103
—	Blackstone Group LP	102,225	$2.153M	0.9%	$21.06	—	COM	09253U108
JPM	JPMorgan Chase & Co	36,591	$1.932M	0.8%	$36.24	0.0%	COM	46625H100
VEU	Vanguard FTSE All World Ex-US	40,181	$1.777M	0.7%	$44.22	—	COM	922042775
—	Chesapeake Energy Corp	85,960	$1.752M	0.7%	$20.38	—	COM	165167107
PG	Procter & Gamble	22,196	$1.709M	0.7%	$55.00	0.0%	COM	742718109
CMCSA	Comcast Corp New Cl A	40,438	$1.688M	0.7%	$15.62	0.0%	COM	20030N101
CSCO	Cisco Systems Inc	67,500	$1.643M	0.7%	$15.24	0.0%	COM	17275R102
EBAY	eBay, Inc.	31,495	$1.629M	0.7%	$20.18	0.0%	COM	278642103
ORCL	Oracle Corp	52,450	$1.611M	0.7%	$27.58	0.0%	COM	68389X105
WFC	Wells Fargo & Co New	38,617	$1.594M	0.6%	$27.36	0.0%	COM	949746101
—	Time Warner, Inc. New	27,147	$1.57M	0.6%	$57.83	—	COM	887317303
AAPL	Apple Inc	3,856	$1.529M	0.6%	$13.16	0.0%	COM	037833100
TEVA	Teva Pharmaceutical Industries	38,446	$1.507M	0.6%	$39.20	—	COM	881624209
MGV	Vanguard MegaCap 300 Value Ind	30,250	$1.483M	0.6%	$49.02	—	COM	921910840
AXP	American Express Company	19,475	$1.456M	0.6%	$59.62	0.0%	COM	025816109
—	UBS AG New F	85,650	$1.452M	0.6%	$16.95	—	COM	H89231338
AIG	American International Group N	32,346	$1.446M	0.6%	$32.51	0.0%	COM	026874784
IXN	IShares S&P Global Technology	19,880	$1.388M	0.6%	$69.82	—	COM	464287291
IBM	International Business Machine	7,233	$1.382M	0.6%	$118.94	0.0%	COM	459200101
JNJ	Johnson & Johnson	16,020	$1.375M	0.6%	$59.66	0.0%	COM	478160104
MCD	McDonald's Corp.	13,800	$1.366M	0.6%	$71.80	0.0%	COM	580135101
FDX	FedEx Corp.	13,453	$1.326M	0.5%	$81.95	0.0%	COM	31428X106
OEF	iShares S&P 100 Index ETF	18,350	$1.32M	0.5%	$71.93	—	COM	464287101
VWO	Vanguard Emerging Markets ETF	32,871	$1.275M	0.5%	$38.79	—	COM	922042858
YUM	Yum! Brands, Inc.	18,059	$1.252M	0.5%	$38.97	0.0%	COM	988498101
SCHW	Charles Schwab Corp.	58,558	$1.243M	0.5%	$15.92	0.0%	COM	808513105
HON	Honeywell International	15,350	$1.218M	0.5%	$53.13	0.0%	COM	438516106
DIS	The Walt Disney Co.	18,599	$1.175M	0.5%	$56.11	0.0%	COM	254687106
COST	Costco Wholesale Corp New	10,300	$1.139M	0.5%	$86.56	0.0%	COM	22160K105
PHG	Koninklijke Philips Electronic	40,064	$1.089M	0.4%	$27.18	—	COM	500472303
—	Berkshire Hathaway Cl B	9,600	$1.074M	0.4%	$111.88	—	COM	084670207
—	PowerShares KBW Regional Banki	32,275	$1.054M	0.4%	$32.66	—	COM	73937b712
COP	ConocoPhillips	17,029	$1.03M	0.4%	$39.96	0.0%	COM	20825C104
CCDBF	CCL Industries Inc. Class B	16,703	$1.027M	0.4%	$10.28	0.0%	COM	124900309
BMY	Bristol-Myers Squibb Co.	22,928	$1.025M	0.4%	$28.67	0.0%	COM	110122108
SONY	Sony Corp. (ADR)	47,518	$1.007M	0.4%	$21.19	—	COM	835699307
—	EMC Corp.	40,840	$965K	0.4%	$23.63	—	COM	268648102
VUG	Vanguard Growth ETF	11,800	$922K	0.4%	$78.14	—	COM	922908736
—	Dell Inc	66,298	$883K	0.4%	$13.32	—	COM	24702R101
—	iShares S&P 500 ETF	54,500	$874K	0.4%	$16.04	—	COM	g49507208
CVX	Chevron Corp	7,222	$855K	0.3%	$71.30	0.0%	COM	166764100
VZ	Verizon Communications	16,864	$849K	0.3%	$27.04	0.0%	COM	92343V104
TELFY	Telefonica SA (ADR)	62,744	$804K	0.3%	$12.81	—	COM	879382208
XOM	Exxon Mobil Corp	8,880	$802K	0.3%	$53.69	0.0%	COM	30231G102
—	TE Connectivity Ltd. F	16,740	$762K	0.3%	$45.52	—	COM	h84989104
—	Viacom Inc Cl B New	10,974	$747K	0.3%	$68.07	—	COM	92553P201
HST	Host Hotels & Resorts, Inc.	42,318	$714K	0.3%	$10.74	0.0%	COM	44107P104
XLF	Financial Select Sector SPDR	35,500	$690K	0.3%	$19.44	—	COM	81369Y605
—	AIG Warrants Expire 1/19/2021	37,662	$687K	0.3%	$18.24	—	COM	026874156
—	DIRECTV Cl A	10,890	$671K	0.3%	$61.62	—	COM	25490a309
XLE	Energy Select Sector SPDR	8,550	$669K	0.3%	$78.25	—	COM	81369Y506
IWS	iShares Russell Midcap Value I	11,550	$669K	0.3%	$57.92	—	COM	464287473
PM	Philip Morris International In	7,610	$659K	0.3%	$49.85	0.0%	COM	718172109
QCOM	Qualcomm Inc	10,770	$658K	0.3%	$45.06	0.0%	COM	747525103
—	iShares Silver Trust	34,395	$652K	0.3%	$18.96	—	COM	46428q109
BA	Boeing Co	6,350	$650K	0.3%	$80.37	0.0%	COM	097023105
—	SPDR S&P Homebuilders ETF	21,940	$645K	0.3%	$29.40	—	COM	78464a888
LMT	Lockheed Martin Corp	5,876	$637K	0.3%	$71.65	0.0%	COM	539830109
—	Covidien Plc F	9,999	$628K	0.3%	$62.81	—	COM	g2554f113
—	GlaxoSmithKline Plc (ADR)	12,557	$627K	0.3%	$49.93	—	COM	37733W105
—	Diamonds Trust Series I	4,200	$624K	0.3%	$148.57	—	COM	78467x109
CAT	Caterpillar Inc	7,395	$610K	0.2%	$61.55	0.0%	COM	149123101
—	iShares MSCI North America ETF	19,500	$607K	0.2%	$31.13	—	COM	zzc2deh71
IWF	iShares Russell 1000 Growth In	8,284	$603K	0.2%	$72.79	—	COM	464287614
VXF	Vanguard Extended Market Index	8,475	$592K	0.2%	$69.85	—	COM	922908652
LOW	Lowe's Companies, Inc.	14,450	$591K	0.2%	$32.16	0.0%	COM	548661107
KRE	SPDR KBW Regional Banking ETF	17,050	$578K	0.2%	$33.90	—	COM	78464A698
SAP	SAP AG (ADR)	7,721	$562K	0.2%	$72.79	—	COM	803054204
BDX	Becton Dickinson & Co	5,553	$549K	0.2%	$78.11	0.0%	COM	075887109
—	Global X Silver Miners ETF	46,790	$548K	0.2%	$11.71	—	COM	37950E853
—	Discovery Communications Ser A	7,072	$546K	0.2%	$77.21	—	COM	25470F104
NEM	Newmont Mining Corp	17,740	$531K	0.2%	$25.34	0.0%	COM	651639106
GS	Goldman Sachs Group Inc	3,498	$529K	0.2%	$120.06	0.0%	COM	38141G104
IWV	iShares Russell 3000 Index Fun	5,425	$523K	0.2%	$96.41	—	COM	464287689
VSH	Vishay Intertechnology	37,290	$518K	0.2%	$10.89	0.0%	COM	928298108
WMT	Wal-Mart Stores Inc	6,775	$505K	0.2%	$19.98	0.0%	COM	931142103
—	Discovery Communications Ser C	7,123	$497K	0.2%	$69.77	—	COM	25470F302
LULU	Lululemon Athletica Inc.	7,500	$491K	0.2%	$72.51	0.0%	COM	550021109
AMGN	Amgen Inc.	4,936	$487K	0.2%	$73.34	0.0%	COM	031162100
—	Monsanto Company	4,860	$480K	0.2%	$98.77	—	COM	61166W101
—	Google Inc Cl A	538	$474K	0.2%	$881.04	—	COM	38259P508
IWD	iShares Russell 1000 Value Ind	5,650	$473K	0.2%	$83.72	—	COM	464287598
MRK	Merck & Co Inc New	10,117	$470K	0.2%	$30.02	0.0%	COM	58933Y105
CVS	CVS Caremark Corp	8,150	$466K	0.2%	$41.44	0.0%	COM	126650100
IWN	iShares Russell 2000 Value Ind	5,430	$466K	0.2%	$85.82	—	COM	464287630
NSRGY	Nestle SA Registered Ser B (AD	6,900	$454K	0.2%	$65.80	—	COM	641069406
—	Banco Santander, S.A. (ADR)	69,812	$452K	0.2%	$6.47	—	COM	05964h105
—	Tyco International Ltd. New F	13,015	$429K	0.2%	$32.96	—	COM	H89128104
PEP	Pepsico, Inc.	5,245	$429K	0.2%	$56.00	0.0%	COM	713448108
EOG	Eog Resources Inc.	3,250	$428K	0.2%	$46.52	0.0%	COM	26875P101
TM	Toyota Motor Corp. (ADR)	3,525	$425K	0.2%	$120.57	—	COM	892331307
—	Augusta Resource Corporation	200,000	$420K	0.2%	$2.10	—	COM	050912203
—	United Technologies Corp	4,521	$420K	0.2%	$92.90	—	COM	913017109
MRSH	Marsh & McLennan Companies, In	10,500	$419K	0.2%	$31.19	0.0%	COM	571748102
—	iShares MSCI Japan Index ETF	36,850	$413K	0.2%	$11.21	—	COM	464286848
HUM	Humana Inc	4,650	$392K	0.2%	$71.14	0.0%	COM	444859102
IWP	iShares Russell Midcap Growth	5,330	$382K	0.2%	$71.67	—	COM	464287481
—	iShares MSCI AC Far East Ex-Ja	9,000	$381K	0.2%	$42.33	—	COM	zzz9995b1
XLV	Health Care Sector Select SPDR	8,000	$381K	0.2%	$47.63	—	COM	81369Y209
SLB	Schlumberger Ltd F	5,200	$373K	0.2%	$52.90	0.0%	COM	806857108
—	Mexico Fund Inc	12,004	$369K	0.2%	$30.74	—	COM	592835102
KBE	SPDR KBW Bank ETF	12,825	$368K	0.1%	$28.69	—	COM	78464A797
—	Yahoo! Inc.	14,490	$364K	0.1%	$25.12	—	COM	984332106
MMM	3M Company	3,215	$352K	0.1%	$61.26	0.0%	COM	88579Y101
NVS	Novartis AG (ADR)	4,878	$345K	0.1%	$70.73	—	COM	66987V109
MOV	Movado Group Inc.	10,000	$338K	0.1%	$32.63	0.0%	COM	624580106
HSBC	HSBC Hldgs Plc (ADR)	6,501	$337K	0.1%	$51.84	—	COM	404280406
—	Berkshire Hathaway Inc. 1/100t	200	$337K	0.1%	$1685.00	—	COM	084991775
—	CBS Corp Cl B New	6,890	$337K	0.1%	$48.91	—	COM	124857202
—	Benton Oil & Gas Co. Com.	4,340	$337K	0.1%	$77.65	—	COM	083288407
CAR	Avis Budget Group Inc	11,640	$335K	0.1%	$28.57	0.0%	COM	053774105
SNY	Sanofi Aventis (ADR)	6,350	$327K	0.1%	$51.50	—	COM	80105N105
—	Oil Services HOLDRS ETF	7,500	$321K	0.1%	$42.80	—	COM	57060u191
TMO	Thermo Fisher Scientific	3,750	$317K	0.1%	$79.76	0.0%	COM	883556102
—	PowerShares Water Resources	14,200	$313K	0.1%	$22.04	—	COM	73935X575
—	iShares MSCI North America ETF	10,000	$312K	0.1%	$31.20	—	COM	g4954g139
DEO	Diageo Plc New (ADR)	2,625	$302K	0.1%	$115.05	—	COM	25243Q205
—	Aetna Inc New	4,751	$302K	0.1%	$63.57	—	COM	00817Y108
IEV	iShares S&P Euro 350 Index Fun	7,700	$298K	0.1%	$38.70	—	COM	464287861
KO	Coca-Cola Co.	7,374	$296K	0.1%	$27.85	0.0%	COM	191216100
—	PowerShares Listed Private Equ	27,000	$295K	0.1%	$10.93	—	COM	73935x195
STT	State Street Corp	4,500	$293K	0.1%	$44.60	0.0%	COM	857477103
WMMVY	Wal-Mart de Mexico (ADR)	10,376	$291K	0.1%	$28.05	—	COM	93114W107
SPY	SPDR S&P 500 Index ETF	1,800	$289K	0.1%	$160.56	—	COM	78462F103
SU	Suncor Energy Inc New F	9,734	$287K	0.1%	$19.64	0.0%	COM	867224107
MCK	McKesson Corp.	2,500	$286K	0.1%	$101.46	0.0%	COM	58155Q103
AMZN	Amazon.com, Inc.	1,025	$285K	0.1%	$13.32	0.0%	COM	023135106
—	Morgans Hotel Group Co.	35,260	$284K	0.1%	$8.05	—	COM	61748w108
—	Federal Realty Investment Trus	2,675	$277K	0.1%	$103.55	—	COM	313747206
HMC	Honda Motor Co Ltd (ADR)	7,318	$273K	0.1%	$37.31	—	COM	438128308
—	JP Morgan Warrants Exp. 10/28/	17,400	$271K	0.1%	$15.57	—	COM	46634e114
PNC	PNC Financial Services Group,	3,600	$263K	0.1%	$47.34	0.0%	COM	693475105
—	ADT Corporation	6,597	$263K	0.1%	$39.87	—	COM	00101j106
BHP	Bhp Billiton Ltd Adr F Sponsor	4,417	$255K	0.1%	$57.73	—	COM	088606108
—	Templeton Emerging Markets Inc	17,000	$253K	0.1%	$14.88	—	COM	880192109
—	SPDR Dow Jones Global Real Est	5,850	$246K	0.1%	$42.05	—	COM	78463x749
XLK	Technology Select Sector SPDR	7,988	$244K	0.1%	$30.55	—	COM	81369Y803
VNQ	Vanguard REIT ETF	3,535	$243K	0.1%	$68.74	—	COM	922908553
WM	Waste Management Inc.	6,000	$242K	0.1%	$30.75	0.0%	COM	94106L109
A	Agilent Technologies Inc	5,661	$242K	0.1%	$27.97	0.0%	COM	00846U101
—	Level 3 Communications	11,474	$242K	0.1%	$21.09	—	COM	52729n308
PAAS	Pan American Silver Corp F	20,210	$235K	0.1%	$12.75	0.0%	COM	697900108
V	Visa, Inc. Cl A	1,282	$234K	0.1%	$40.02	0.0%	COM	92826C839
—	Anglo American New Ord F South	11,950	$231K	0.1%	$19.33	—	COM	1172604
—	News Corp Ltd. Cl B	7,000	$230K	0.1%	$32.86	—	COM	65249b208
—	WPP Plc (ADR)	2,650	$226K	0.1%	$85.28	—	COM	92933H101
—	SPDR DJ Euro Stoxx 50 ETF	6,700	$222K	0.1%	$33.13	—	COM	78463x202
AFL	AFLAC Inc	3,750	$218K	0.1%	$20.11	0.0%	COM	001055102
—	Apache Corp	2,603	$218K	0.1%	$83.75	—	COM	037411105
—	Expedia Inc	3,600	$217K	0.1%	$60.28	—	COM	30212p303
—	Vale S.A. American Depositary	16,400	$216K	0.1%	$13.17	—	COM	91912e105
AMAT	Applied Materials Inc	14,100	$210K	0.1%	$12.22	0.0%	COM	038222105
—	Royce Value Trust Inc	13,720	$208K	0.1%	$15.16	—	COM	780910105
—	Yamana Gold Inc F	21,407	$204K	0.1%	$9.53	—	COM	98462Y100
GLW	Corning Inc	13,660	$194K	0.1%	$10.49	0.0%	COM	219350105
HL	Hecla Mining Company	60,400	$180K	0.1%	$3.21	0.0%	COM	422704106
—	Swiss Helvetia Fund	11,477	$141K	0.1%	$12.29	—	COM	870875101
FNLPF	Fresnillo Plc Ord F	10,000	$134K	0.1%	$13.88	0.0%	COM	G371E2108
—	Alcatel-Lucent (ADR)	67,096	$122K	0.0%	$1.82	—	COM	013904305
—	Templeton Global Income Fund	13,250	$114K	0.0%	$8.60	—	COM	880198106
—	Stillwater Mining Corp	10,075	$108K	0.0%	$10.72	—	COM	86074Q102
—	Promotora de Informaciones, S.	92,001	$106K	0.0%	$1.15	—	COM	74343g303
—	HRT Participacoes GDR F Sponso	117,000	$71,000	0.0%	$0.61	—	COM	404275109
KGC	Kinross Gold Corp New F	13,277	$68,000	0.0%	$5.82	0.0%	COM	496902404
NOK	Nokia Corp (ADR)	14,248	$53,000	0.0%	$3.72	—	COM	654902204
—	Golden Star Res Ltd Cdaf	51,700	$22,000	0.0%	$0.43	—	COM	38119T104
NG	Novagold Res Inc New F	10,000	$21,000	0.0%	$2.49	0.0%	COM	66987E206
FNMA	Fannie Mae	10,500	$15,000	0.0%	$1.38	0.0%	COM	313586109
—	No Amern Palladium Ltd F	10,000	$10,000	0.0%	$1.00	—	COM	656912102
OLVRF	Olivut Resources Ltd.	27,500	$7,000	0.0%	$0.31	0.0%	COM	681103107
—	Canarc Resource Corp F	80,000	$6,000	0.0%	$0.07	—	COM	13722D101
—	Lynas Corporation Limited	10,000	$3,000	0.0%	$0.30	—	COM	Q5683J103
—	Argonaut Resources Ord F	23,730	$1,000	0.0%	$0.04	—	COM	Q05060100
—	Grupo Financiero Bancrecer S.A	20,368	$0	0.0%	—	—	COM	P4949V134
KDKN	Kodiak Energy Inc	10,000	$0	0.0%	$0.02	0.0%	COM	500117106
—	Colonial Bankgroup Inc.	29,000	$0	0.0%	—	—	COM	195493309