Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OXY	OCCIDENTAL PETE CORP	3,150,576	$245M	45.5%	$77.77 *	$57.83	-1.6%	COM	674599105
—	CALUMET SPECIALTY PROD	751,181	$19.13M	3.6%	$25.46	$32.55	—	COM	131476103
SUI	SUN COMMUNITIES INC REIT	207,461	$12.83M	2.4%	$61.83	$47.39	—	COM	866674104
VLO	VALERO ENERGY CORP NEW	174,822	$10.94M	2.0%	$62.60 *	$25.75	+60.8%	COM	91913Y100
—	CONOCOPHILLIPS	153,980	$9.455M	1.8%	$61.40	$69.51	—	COM	20825c104
MUR	MURPHY OIL CORP	214,414	$8.913M	1.7%	$41.57 *	$37.23	-25.2%	COM	626717102
—	NUSTAR ENERGY	149,716	$8.885M	1.7%	$59.35	$65.41	—	COM	67058h102
—	DORCHESTER MINERALS LP	399,475	$8.544M	1.6%	$21.39	$24.48	—	COM	25820r105
CVX	CHEVRON CORPORATION	85,331	$8.231M	1.5%	$96.46 *	$71.23	-13.9%	COM	166764100
INTC	INTEL CORP	250,274	$7.612M	1.4%	$30.41 *	$25.75	-8.0%	COM	458140100
—	CALIFORNIA RES CORP	1,218,160	$7.357M	1.4%	$6.04	$5.51	—	COM	13057q107
AAPL	APPLE INC	57,605	$7.225M	1.3%	$125.42 *	$18.05	+55.3%	COM	037833100
—	HEWLETT PACKARD COMPANY	224,625	$6.74M	1.3%	$30.01	$35.47	—	COM	428236103
CAT	CATERPILLAR INC	77,069	$6.536M	1.2%	$84.81 *	$63.25	+2.8%	COM	149123101
—	AT&T	180,637	$6.416M	1.2%	$35.52	$34.89	—	COM	001957AQ2
EXC	EXELON CORPORATION	185,298	$5.822M	1.1%	$31.42 *	$15.19	+1.6%	COM	30161N101
VZ	VERIZON COMMUNICATIONS	124,071	$5.782M	1.1%	$46.60 *	$26.99	+0.0%	COM	92343V104
OLN	OLIN CORP	213,037	$5.741M	1.1%	$26.95 *	$16.98	+16.1%	COM	680665205
—	ENTERGY CORP NEW	79,261	$5.587M	1.0%	$70.49	$54.08	—	COM	29364g103
—	COACH INC	152,472	$5.277M	1.0%	$34.61	$35.74	—	COM	189754104
—	ENERGY TRANSFER PARTNERS UNITS REP L P INT	93,221	$4.866M	0.9%	$52.20	$67.83	—	COM	29273R109
—	HOLLYFRONTIER CORP	111,220	$4.747M	0.9%	$42.68	$43.67	—	COM	436106108
MMLP	MARTIN MIDSTREAM PTNR LP	152,921	$4.734M	0.9%	$30.96	$38.34	—	COM	573331105
—	MAGELLAN MIDSTREAM PARTNERSLP COMUNIT REPS	63,955	$4.693M	0.9%	$73.38	$54.49	—	COM	559080106
—	BOARDWALK PIPELINE PARTNERSLP COM UNIT LTD	322,210	$4.678M	0.9%	$14.52	$23.69	—	COM	096627104
—	BUCKEYE PARTNERS L P UNITLTD PARTNERSHIP I	62,694	$4.634M	0.9%	$73.91	$70.35	—	COM	118230101
PAA	PLAINS ALL AMERICAN PIPELINELP	101,345	$4.415M	0.8%	$43.56	$53.51	—	COM	726503105
WY	WEYERHAEUSER CO COM	139,306	$4.388M	0.8%	$31.50 *	$18.88	+10.5%	COM	962166104
PEG	PUBLIC SERVICE ENTERPRISE GROUP	109,180	$4.288M	0.8%	$39.27 *	$24.76	+10.1%	COM	744573106
UVV	UNIVERSAL CORP VA	73,549	$4.215M	0.8%	$57.31	$56.38	+1.7%	COM	913456109
—	SUNOCO LOGISTICS PARTNERSL P COM UNIT	109,698	$4.171M	0.8%	$38.02	$56.78	—	COM	86764l108
PFE	PFIZER INCORPORATED	124,360	$4.169M	0.8%	$33.52 *	$16.46	+23.6%	COM	717081103
—	ENBRIDGE ENERGY PARTNERSLP	121,038	$4.034M	0.7%	$33.33	$30.48	—	COM	29250r106
—	JOY GLOBAL INC	108,713	$3.935M	0.7%	$36.20	$49.60	—	COM	481165108
—	PLUM CREEK TIMBER CO INC	96,644	$3.92M	0.7%	$40.56	$39.63	—	COM	729251108
—	SECTOR SPDR TR SHS BENINT FINANCIAL	155,493	$3.79M	0.7%	$24.37	$23.17	—	COM	81369y605
—	ALLIANCE RES PARTNERS LP	138,458	$3.455M	0.6%	$24.95	$56.77	—	COM	01877r108
MSFT	MICROSOFT CORP	77,138	$3.405M	0.6%	$44.14 *	$26.70	+42.9%	COM	594918104
EPD	ENTERPRISE PRODUCTS PPTNSLP	112,765	$3.37M	0.6%	$29.89	$50.54	—	COM	293792107
—	VALE SA ADR F SPONSORED ADR 1	448,501	$2.641M	0.5%	$5.89	$8.18	—	COM	91912e105
—	DEVON ENERGY CORP NEW	44,093	$2.623M	0.5%	$59.49	$55.50	—	COM	25179m103
—	MARATHON OIL CORP ISIN#US5658491064 SEDOL#	88,337	$2.344M	0.4%	$26.53	$31.01	—	COM	565849106
—	HESS CORP COM	33,806	$2.26M	0.4%	$66.85	$76.07	—	COM	42809h107
—	EXXON MOBIL CORP	26,481	$2.203M	0.4%	$83.19	$66.57	—	COM	30231g102
—	APACHE CORP	33,850	$1.95M	0.4%	$57.61	$62.66	—	COM	037411105
—	SOUTHERN COPPER CORP	65,970	$1.94M	0.4%	$29.41	$28.74	—	COM	843611104
HE	HAWAIIAN ELECTRIC INDUSTRIES	60,975	$1.812M	0.3%	$29.72	$24.82	+19.8%	COM	419870100
—	KINDER MORGAN	45,620	$1.751M	0.3%	$38.38	$42.31	—	COM	49456b101
—	WESTERN GAS PARTNERS	27,250	$1.726M	0.3%	$63.34	$73.03	—	COM	958254104
—	EV ENERGY PARTNERS LPCOM	144,846	$1.655M	0.3%	$11.43	$13.42	—	COM	26926v107
—	DIREXION DAILY S&P 500 BEAR 3X ETF	84,000	$1.589M	0.3%	$18.92	$18.92	—	COM	25459y371
EMR	EMERSON ELECTRIC	28,647	$1.587M	0.3%	$55.40 *	$44.23	-5.3%	COM	291011104
—	COOPER TIRE & RUBBER CO	46,637	$1.577M	0.3%	$33.81	$24.03	—	COM	216831107
—	HAWAIIAN HOLDINGS INC	65,139	$1.547M	0.3%	$23.75	$6.11	—	COM	419879101
—	ALON USA ENERGY INC	71,385	$1.349M	0.3%	$18.90	$12.66	—	COM	020520102
PFF	ISHARES US PREFERRED STOCKETF	32,753	$1.282M	0.2%	$39.14	$38.23	+2.5%	COM	464288687
IAG	IAMGOLD CORPORATION	604,387	$1.208M	0.2%	$2.00	$3.14	-36.2%	COM	450913108
—	ANADARKO PETE CORP	13,865	$1.082M	0.2%	$78.04	$92.97	—	COM	032511107
—	SPDR S&P 500 ETF	5,093	$1.048M	0.2%	$205.77	$205.77	—	COM	78462f103
—	ONEOK PARTNERS L P UNITLTD PARTNERSHIP	30,585	$1.039M	0.2%	$33.97	$45.73	—	COM	68268N103
EZPW	EZCORP INC CL A NON VTG	137,343	$1.02M	0.2%	$7.43	$13.94	-46.7%	COM	302301106
IBM	IBM CORP	5,947	$967K	0.2%	$162.60 *	$102.99	-3.0%	COM	459200101
—	EXPRESS INC	50,451	$913K	0.2%	$18.10	$16.58	—	COM	30219e103
—	WILLIAMS PARTNERS LP COMUNIT LTD PARTNERSH	18,768	$908K	0.2%	$48.38	$51.04	—	COM	96950f104
—	GUESS INC	46,513	$891K	0.2%	$19.16	$18.58	—	COM	401617105
ANF	ABERCROMBIE & FITCH	40,603	$873K	0.2%	$21.50 *	$19.59	-11.4%	COM	002896207
—	SANDERSON FARMS INC	11,425	$858K	0.2%	$75.10	$79.65	—	COM	800013104
SKYW	SKYWEST INC	54,770	$823K	0.2%	$15.03	$12.13	+24.0%	COM	830879102
—	LIQUIDITY SERVICES	81,500	$784K	0.1%	$9.62	$15.75	—	COM	53635b107
—	ITT EDUCATIONAL SERVICES INC	194,271	$771K	0.1%	$3.97	$4.15	—	COM	45068b109
—	MARLIN BUSINESS SERVICES	44,695	$754K	0.1%	$16.87	$18.31	—	COM	571157106
EGY	VAALCO ENERGY INC NEW	351,498	$752K	0.1%	$2.14 *	$3.63	-51.7%	COM	91851C201
—	SWIFT ENERGY COMPANY	310,244	$629K	0.1%	$2.03	$4.88	—	COM	870738101
UIS	UNISYS CORP	31,343	$626K	0.1%	$19.97	$21.50	-7.0%	COM	909214306
PSX	PHILLIPS 66 COM	7,746	$624K	0.1%	$80.56 *	$53.68	+1.7%	COM	718546104
BNS	BANK OF NOVA SCOTIA	10,859	$560K	0.1%	$51.57 *	$31.00	-3.1%	COM	064149107
—	SUBURBAN PROPANE PARTNERSL P	13,852	$552K	0.1%	$39.85	$46.42	—	COM	864486AB1
TLYS	TILLY'S INC	55,869	$540K	0.1%	$9.67 *	$5.01	+22.8%	COM	886885102
DVY	ISHARES SELECT DIVIDEND ETF	7,095	$533K	0.1%	$75.12	$78.09	-3.8%	COM	464287168
CENX	CENTURY ALUMINUM	50,466	$526K	0.1%	$10.42	$12.74	-18.1%	COM	156431108
—	STONE ENERGY CORP	40,655	$511K	0.1%	$12.57	$22.28	—	COM	861642106
SUN	SUNOCO LP	10,670	$483K	0.1%	$45.27	$49.77	—	COM	86765K109
—	DAWSON GEOPHYSICAL	101,958	$479K	0.1%	$4.70	$14.26	—	COM	239359102
GIFI	GULF ISLAND FABRICAT	39,682	$443K	0.1%	$11.16 *	$12.38	0.0%	COM	402307102
—	JPMORGAN CHASE & CO ALERIAN MLP INDEX ETF	10,070	$398K	0.1%	$39.52	$39.52	—	COM	46625h365
RYN	RAYONIER INC COM	14,061	$359K	0.1%	$25.53	$27.88	—	COM	754907103
—	CELGENE	3,000	$347K	0.1%	$115.67	$115.67	—	COM	151020104
—	ALPS ETF TR ALERIAN MLP ETF	22,113	$344K	0.1%	$15.56	$15.56	—	COM	00162q866
TTYP	TRINITY PETE ORD	2,181	$327K	0.1%	$149.93	$149.93	—	COM	896556107
—	SPDR S&P DIVIDEND ETF	4,286	$326K	0.1%	$76.06	$76.06	—	COM	78464a763
—	UNIVERSAL DISPLAY CORP	5,722	$295K	0.1%	$51.56	$51.56	—	COM	91347p105
—	SPDR S&P MIDCAP 400 ETF	960	$262K	0.0%	$272.92	$272.92	—	COM	78467y107
—	LYRICAL US VALUE EQUITY FUND	15,893	$259K	0.0%	$16.30	$16.30	—	COM	90386h404
—	AMERIGAS PARTNERS LP	4,430	$202K	0.0%	$45.60	$45.60	—	COM	030975106
—	ASCENDANT SOLUTIONS INC	111,445	$29,000	0.0%	$0.26	$0.26	—	COM	04349y107