Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft	2,088,533	$72.15M	3.0%	—	—	COM	594918104
JNJ	Johnson & Johnson	823,161	$70.68M	2.9%	—	—	COM	478160104
XOM	Exxon Mobil	775,987	$70.11M	2.9%	—	—	COM	30231G102
AXP	American Express	924,245	$69.1M	2.9%	—	—	COM	025816109
TXN	Texas Instrs	1,926,775	$67.15M	2.8%	—	—	COM	882508104
OMC	Omnicom Group	1,064,659	$66.94M	2.8%	—	—	COM	681919106
UPS	United Parcel Service	771,845	$66.75M	2.8%	—	—	CL B	911312106
GPC	Genuine Parts	853,199	$66.61M	2.8%	—	—	COM	372460105
—	Willis Group Hldgs	1,631,111	$66.52M	2.7%	—	—	SHS	G96666105
MRK	Merck & Co	1,417,778	$65.86M	2.7%	—	—	COM	58933Y105
—	BlackRock	254,894	$65.47M	2.7%	—	—	COM	09247X101
TGT	Target	950,508	$65.45M	2.7%	—	—	COM	87612E106
APD	Air Prods & Chems	706,216	$64.67M	2.7%	—	—	COM	009158106
—	ACE Ltd	718,906	$64.33M	2.7%	—	—	SHS	H0023R105
CVX	Chevron	542,996	$64.26M	2.7%	—	—	COM	166764100
NSC	Norfolk Southern	880,082	$63.94M	2.6%	—	—	COM	655844108
—	United Technologies	678,423	$63.05M	2.6%	—	—	COM	913017109
TROW	T Rowe Price Group	849,832	$62.21M	2.6%	—	—	COM	74144T108
NTRS	Northern Trust	1,069,796	$61.94M	2.6%	—	—	COM	665859104
PG	Procter & Gamble	802,713	$61.8M	2.6%	—	—	COM	742718109
SYK	Stryker	955,367	$61.79M	2.6%	—	—	COM	863667101
BAX	Baxter Intl	888,933	$61.58M	2.5%	—	—	COM	071813109
—	Linear Technology	1,652,878	$60.89M	2.5%	—	—	COM	535678106
HP	Helmerich & Payne	974,612	$60.87M	2.5%	—	—	COM	423452101
—	Walgreen	1,370,633	$60.58M	2.5%	—	—	COM	931422109
T	AT&T	1,696,694	$60.06M	2.5%	—	—	COM	00206R102
—	ENSCO PLC	1,004,950	$58.41M	2.4%	—	—	SHS CLASS A	G3157S106
LLY	Lilly Eli & Co	1,175,628	$57.75M	2.4%	—	—	COM	532457108
GWW	Grainger WW	226,744	$57.18M	2.4%	—	—	COM	384802104
DLR	Digital Realty Trust	922,551	$56.28M	2.3%	—	—	COM	253868103
QCOM	Qualcomm	920,035	$56.2M	2.3%	—	—	COM	747525103
ALB	Albemarle	822,228	$51.22M	2.1%	—	—	COM	012653101
WMB	Williams Cos	1,567,213	$50.89M	2.1%	—	—	COM	969457100
—	M D C Hldgs	1,195,692	$38.87M	1.6%	—	—	COM	552676108
KO	Coca Cola Co	408,320	$16.38M	0.7%	—	—	COM	191216100
IBM	International Business Machine	54,820	$10.48M	0.4%	—	—	COM	459200101
—	Family Dollar Stores	151,517	$9.441M	0.4%	—	—	COM	307000109
NKE	Nike Cl B	143,546	$9.141M	0.4%	—	—	CL B	654106103
GNTX	Gentex	353,405	$8.146M	0.3%	—	—	COM	371901109
—	Energen	154,465	$8.072M	0.3%	—	—	COM	29265N108
AOS	A O Smith	215,490	$7.818M	0.3%	—	—	COM	831865209
—	Johnson Controls	218,386	$7.816M	0.3%	—	—	COM	478366107
AZN	Astrazeneca PLC ADR	161,525	$7.64M	0.3%	—	—	SPONSORED ADR	046353108
COST	Costco	68,210	$7.542M	0.3%	—	—	COM	22160K105
ACN	Accenture Plc	104,520	$7.521M	0.3%	—	—	SHS CLASS A	G1151C101
—	National Instrs	268,760	$7.509M	0.3%	—	—	COM	636518102
—	Laclede Group	163,290	$7.456M	0.3%	—	—	COM	505597104
DGX	Quest Diagnostics	115,500	$7.003M	0.3%	—	—	COM	74834L100
—	Cash America International	146,690	$6.669M	0.3%	—	—	COM	14754D100
—	Lazard Ltd.	204,245	$6.566M	0.3%	—	—	SHS A	G54050102
ORCL	Oracle	207,575	$6.375M	0.3%	—	—	COM	68389X105
EXPD	Expeditors Intl Wash	137,505	$5.231M	0.2%	—	—	COM	302130109
HD	Home Depot	61,109	$4.734M	0.2%	—	—	COM	437076102
VZ	Verizon Comm	91,731	$4.618M	0.2%	—	—	COM	92343V104
SO	Southern Co	86,496	$3.817M	0.2%	—	—	COM	842587107
—	General Electric	157,639	$3.656M	0.2%	—	—	COM	369604103
PFE	Pfizer	128,096	$3.588M	0.1%	—	—	COM	717081103
MO	Altria Group	100,225	$3.507M	0.1%	—	—	COM	02209S103
—	Du Pont	65,763	$3.453M	0.1%	—	—	COM	263534109
INTC	Intel	142,517	$3.453M	0.1%	—	—	COM	458140100
PAYX	Paychex	94,465	$3.449M	0.1%	—	—	COM	704326107
DRI	Darden Restaurants	66,148	$3.339M	0.1%	—	—	COM	237194105
MCY	Mercury Genl	74,892	$3.292M	0.1%	—	—	COM	589400100
PM	Philip Morris Intl	36,477	$3.16M	0.1%	—	—	COM	718172109
—	Peoples Utd Finl	204,921	$3.053M	0.1%	—	—	COM	712704105
JPM	JP Morgan Chase	57,727	$3.047M	0.1%	—	—	COM	46625H100
HAS	Hasbro	61,865	$2.773M	0.1%	—	—	COM	418056107
MMM	3M Co	24,642	$2.695M	0.1%	—	—	COM	88579Y101
CL	Colgate Palmolive	43,190	$2.474M	0.1%	—	—	COM	194162103
—	Kraft Foods Group	41,894	$2.341M	0.1%	—	—	COM	50076Q106
COP	ConocoPhillips	35,953	$2.175M	0.1%	—	—	COM	20825C104
WM	Waste Mgmt	53,680	$2.165M	0.1%	—	—	COM	94106L109
—	TAL INTL GROUP INC	49,180	$2.143M	0.1%	—	—	COM	874083108
MCHP	Microchip Technology	56,870	$2.118M	0.1%	—	—	COM	595017104
ALL	Allstate	43,357	$2.086M	0.1%	—	—	COM	020002101
AAPL	APPLE INC	5,224	$2.071M	0.1%	—	—	COM	037833100
—	HCP Inc	44,750	$2.033M	0.1%	—	—	COM	40414L109
SUI	SUN CMNTYS INC	39,820	$1.981M	0.1%	—	—	COM	866674104
—	TOTAL S A	40,473	$1.971M	0.1%	—	—	SPONSORED ADR	89151E109
EFX	Equifax	33,191	$1.956M	0.1%	—	—	COM	294429105
MCD	McDonalds	19,636	$1.944M	0.1%	—	—	COM	580135101
—	Intersil Cl A	244,560	$1.908M	0.1%	—	—	CL A	46069S109
KMB	Kimberly Clark	18,479	$1.795M	0.1%	—	—	COM	494368103
—	New York Cmnty Bancorp	127,570	$1.786M	0.1%	—	—	COM	649445103
BKE	Buckle Inc	33,290	$1.732M	0.1%	—	—	COM	118440106
BRK/A	Berkshire Hathaway Cl A	10	$1.686M	0.1%	—	—	CL A	084670108
ABBV	AbbVie	37,961	$1.569M	0.1%	—	—	COM	00287Y109
SYY	Sysco	45,803	$1.565M	0.1%	—	—	COM	871829107
EMR	Emerson Elec	28,679	$1.564M	0.1%	—	—	COM	291011104
BRK/B	Berkshire Hathaway Cl B	13,570	$1.519M	0.1%	—	—	CL B NEW	084670702
PBI	Pitney Bowes	99,259	$1.457M	0.1%	—	—	COM	724479100
BCE	BCE Inc	34,985	$1.435M	0.1%	—	—	COM NEW	05534B760
—	CenturyLink	39,467	$1.395M	0.1%	—	—	COM	156700106
—	Aetna	21,560	$1.37M	0.1%	—	—	COM	00817Y108
ABT	Abbott Labs	37,960	$1.324M	0.1%	—	—	COM	002824100
EPD	Enterprise Prods Partn LP	21,007	$1.306M	0.1%	—	—	COM	293792107
SLB	Schlumberger	15,589	$1.117M	0.0%	—	—	COM	806857108
WFC	Wells Fargo	26,764	$1.105M	0.0%	—	—	COM	949746101
WMT	Wal Mart	14,339	$1.068M	0.0%	—	—	COM	931142103
—	Scripps Networks A	13,637	$910K	0.0%	—	—	CL A COM	811065101
BP	BP PLC ADR	20,072	$838K	0.0%	—	—	SPONSORED ADR	055622104
—	Donnelley R R & Sons	59,800	$838K	0.0%	—	—	COM	257867101
PEP	Pepsico	10,120	$828K	0.0%	—	—	COM	713448108
CFR	Cullen Frost Bankers	12,370	$826K	0.0%	—	—	COM	229899109
HON	Honeywell Intl	10,119	$803K	0.0%	—	—	COM	438516106
MCO	Moodys	12,760	$777K	0.0%	—	—	COM	615369105
AFL	AFLAC	12,990	$755K	0.0%	—	—	COM	001055102
—	PartnerRe	8,304	$752K	0.0%	—	—	COM	G6852T105
—	Valspar	11,500	$744K	0.0%	—	—	COM	920355104
RPM	RPM Intl	22,989	$734K	0.0%	—	—	COM	749685103
AMGN	Amgen	7,326	$723K	0.0%	—	—	COM	031162100
—	CIGNA	9,695	$703K	0.0%	—	—	COM	125509109
—	Female Health Co	69,580	$686K	0.0%	—	—	COM	314462102
NEE	Nextera Energy	8,285	$675K	0.0%	—	—	COM	65339F101
CSCO	Cisco	27,560	$671K	0.0%	—	—	COM	17275R102
TRMK	Trustmark	26,132	$642K	0.0%	—	—	COM	898402102
BANF	BancFirst	13,500	$628K	0.0%	—	—	COM	05945F103
MLAB	MESA LABS INC	11,530	$624K	0.0%	—	—	COM	59064R109
ADP	Automatic Data Process	8,906	$613K	0.0%	—	—	COM	053015103
AJG	Gallagher Arthur J & Co	14,000	$612K	0.0%	—	—	COM	363576109
—	Mens Warehouse	16,040	$607K	0.0%	—	—	COM	587118100
BR	Broadridge Finl Solutions	22,786	$606K	0.0%	—	—	COM	11133T103
—	Applied Industrial Tech	12,360	$597K	0.0%	—	—	COM	03820c105
RVTY	PerkinElmer	18,380	$597K	0.0%	—	—	COM	714046109
—	Atrion Corp	2,720	$595K	0.0%	—	—	COM	049904105
—	Tupperware	7,610	$591K	0.0%	—	—	COM	899896104
—	Bryn Mawr Bank	24,540	$587K	0.0%	—	—	COM	117665109
WKC	World Fuel Srvcs	14,650	$586K	0.0%	—	—	COM	981475106
GD	General Dynamics	7,425	$582K	0.0%	—	—	COM	369550108
—	Greenhill & Co	12,670	$580K	0.0%	—	—	COM	395259104
LFUS	Littelfuse	7,720	$576K	0.0%	—	—	COM	537008104
—	Smithfield Foods	17,500	$573K	0.0%	—	—	COM	832248108
—	MTS Systems	10,060	$569K	0.0%	—	—	COM	553777103
NUS	Nu Skin Enterprises	9,270	$567K	0.0%	—	—	CL A	67018T105
BRO	Brown & Brown	17,485	$564K	0.0%	—	—	COM	115236101
DE	Deere & Co	6,916	$562K	0.0%	—	—	COM	244199105
NEU	Newmarket	2,140	$562K	0.0%	—	—	COM	651587107
—	Meridian Bioscience	26,110	$561K	0.0%	—	—	COM	589584101
—	Provident New York Bancorp	58,850	$550K	0.0%	—	—	COM	744028101
FUL	H B Fuller	14,170	$536K	0.0%	—	—	COM	359694106
—	Hillenbrand	22,560	$535K	0.0%	—	—	COM	431571108
WWD	Woodward	13,350	$534K	0.0%	—	—	COM	980745103
GPN	Global Pmts	11,180	$518K	0.0%	—	—	COM	37940X102
LNN	Lindsay Corp	6,840	$513K	0.0%	—	—	COM	535555106
LSTR	Landstar Sys	9,940	$512K	0.0%	—	—	COM	515098101
USPH	US Physical Therapy	18,380	$508K	0.0%	—	—	COM	90337L108
—	South Jersey Inds	8,610	$494K	0.0%	—	—	COM	838518108
COF	Capital One Finl	7,800	$490K	0.0%	—	—	COM	14040H105
DOV	Dover	6,295	$489K	0.0%	—	—	COM	260003108
—	Cedar Fair LP	11,271	$467K	0.0%	—	—	DEPOSITRY UNIT	150185106
CVGW	Calavo Growers	17,090	$465K	0.0%	—	—	COM	128246105
RY	Royal Bk CDA Montreal	7,758	$452K	0.0%	—	—	COM	780087102
DIS	Walt Disney	6,963	$440K	0.0%	—	—	COM DISNEY	254687106
VMI	Valmont Industries	3,040	$435K	0.0%	—	—	COM	920253101
TMP	Tompkins Financial	9,630	$435K	0.0%	—	—	COM	890110109
ETN	Eaton	6,574	$433K	0.0%	—	—	SHS	G29183103
—	Praxair	3,728	$429K	0.0%	—	—	COM	74005p104
—	Chubb	5,053	$428K	0.0%	—	—	COM	171232101
ECL	Ecolab	5,000	$426K	0.0%	—	—	COM	278865100
—	Coach	7,439	$425K	0.0%	—	—	COM	189754104
—	BB&T	12,386	$420K	0.0%	—	—	COM	054937107
LOW	Lowes	10,170	$416K	0.0%	—	—	COM	548661107
—	Duke Energy	6,155	$415K	0.0%	—	—	COM NEW	26441c204
WSO	Watsco	4,790	$402K	0.0%	—	—	COM	942622200
BMY	Bristol Myers Squibb	8,778	$392K	0.0%	—	—	COM	110122108
—	Glaxosmithkline	7,747	$387K	0.0%	—	—	SPONSORED ADR	37733W105
RRX	Regal Beloit	5,900	$383K	0.0%	—	—	COM	758750103
—	Time Warner	6,485	$375K	0.0%	—	—	COM NEW	887317303
—	ParkerVision	82,050	$373K	0.0%	—	—	COM	701354102
BDX	Becton Dickinson	3,770	$373K	0.0%	—	—	COM	075887109
CAT	Caterpillar	4,450	$367K	0.0%	—	—	COM	149123101
—	Total Sys Svcs	14,748	$361K	0.0%	—	—	COM	891906109
PPL	PPL Corp	11,500	$348K	0.0%	—	—	COM	69351T106
—	CBRL Group	3,640	$345K	0.0%	—	—	COM	22410j106
CMP	Compass Minls Intl	4,070	$344K	0.0%	—	—	COM	20451N101
MAA	Mid-Amer Apt Cmntys	4,880	$331K	0.0%	—	—	COM	59522J103
—	Schulman A	12,090	$324K	0.0%	—	—	COM	808194104
FHI	Federated Invs	11,632	$319K	0.0%	—	—	CL B	314211103
COLM	Columbia Sportswear	4,900	$307K	0.0%	—	—	COM	198516106
—	QR ENERGY LP	17,400	$306K	0.0%	—	—	UNIT LTD PRTNS	74734R108
—	Platinum Underwriters Holdings	5,240	$300K	0.0%	—	—	COM	G7127P100
IEX	IDEX	5,550	$299K	0.0%	—	—	COM	45167R104
—	D&B	3,050	$297K	0.0%	—	—	COM	26483E100
SKT	Tanger Factory Outlet	8,850	$296K	0.0%	—	—	COM	875465106
—	AGL RES INC	6,745	$289K	0.0%	—	—	COM	001204106
—	SCBT Financial	5,730	$289K	0.0%	—	—	COM	78401V102
—	Google Cl A	324	$285K	0.0%	—	—	CL A	38259P508
MDLZ	Mondelez International	9,922	$283K	0.0%	—	—	CL A	609207105
AVA	Avista	10,490	$283K	0.0%	—	—	COM	05379B107
MNRO	Monro Muffler Brake	5,870	$282K	0.0%	—	—	COM	610236101
—	CEC ENTMT INC	6,850	$281K	0.0%	—	—	COM	125137109
—	Dow Chemical	8,560	$275K	0.0%	—	—	COM	260543103
LTC	LTC PPTYS INC	6,990	$273K	0.0%	—	—	COM	502175102
BK	Bank New York Mellon	9,534	$267K	0.0%	—	—	COM	064058100
SBUX	Starbucks	4,000	$262K	0.0%	—	—	COM	855244109
—	Mindray Med Intl Ltd	6,670	$250K	0.0%	—	—	SPON ADR	602675100
ROP	Roper Inds	1,935	$240K	0.0%	—	—	COM	776696106
WHR	Whirlpool	2,101	$240K	0.0%	—	—	COM	963320106
—	Communications Systems	24,610	$237K	0.0%	—	—	COM	203900105
—	Royal Dutch SHell PLC	3,700	$236K	0.0%	—	—	SPONS ADR A	780259206
YUM	Yum! Brands	3,257	$226K	0.0%	—	—	COM	988498101
BAC	Bank of America	17,519	$225K	0.0%	—	—	COM	060505104
FCX	Freeport-Mcmoran Cop & Gld Cl	7,850	$217K	0.0%	—	—	COM	35671D857
FITB	Fifth Third Bancorp	11,837	$214K	0.0%	—	—	COM	316773100
—	SunTrust Banks	6,683	$211K	0.0%	—	—	COM	867914103
—	Kinder Morgan Energy LP	2,425	$207K	0.0%	—	—	UT LTD PARTNER	494550106
D	Dominion Res	3,588	$204K	0.0%	—	—	COM	25746U109
BA	Boeing	1,975	$202K	0.0%	—	—	COM	097023105
ITW	Illinois Tool Works	2,900	$201K	0.0%	—	—	COM	452308109
—	Synovus Finl	27,727	$81,000	0.0%	—	—	COM	87161C105