Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	12,356	$89.8M	25.4%	$13.22	+41.1%	COM	037833100
—	ACTAVIS INC.	54,687	$12.2M	3.5%	$126.21	—	COM	00507K103
SNA	SNAP-ON INC	97,650	$11.57M	3.3%	$75.64	+17.7%	COM	833034101
GILD	GILEAD SCIENCES INC	133,105	$11.04M	3.1%	$41.68	+29.7%	COM	375558103
—	VIACOM INC- NEW CL B	122,797	$10.65M	3.0%	$68.78	—	COM	92553P201
AXP	AMERICAN EXPRESS CO	111,240	$10.55M	3.0%	$62.72	+21.8%	COM	025816109
CVS	CVS CAREMARK CORP.	135,685	$10.23M	2.9%	$41.75	+31.5%	COM	126650100
FLS	FLOWSERVE	132,735	$9.868M	2.8%	$44.07	+37.9%	COM	34354P105
—	COVIDIEN PLC	109,420	$9.867M	2.8%	$64.92	—	COM	G2554F113
—	IAC INTERACTIVECORP COM	136,500	$9.449M	2.7%	$49.33	—	COM	44919P508
—	WISCONSIN ENERGY CORP.	198,285	$9.303M	2.6%	$41.29	—	COM	976657106
APH	AMPHENOL CORP.- CL A	96,220	$9.269M	2.6%	$8.58	+24.4%	COM	032095101
M	MACYS INC	158,520	$9.197M	2.6%	$47.44	+22.3%	COM	55616P104
TRMB	TRIMBLE NAVIGATION	242,800	$8.971M	2.5%	$37.39	0.0%	COM	896239100
LMT	LOCKHEED MARTIN CORP	54,145	$8.702M	2.5%	$113.60	+4.2%	COM	539830109
RJF	RAYMOND JAMES FINANCIAL INC.	163,950	$8.317M	2.4%	$24.36	+15.6%	COM	754730109
WHR	WHIRLPOOL CORP.	58,775	$8.182M	2.3%	$123.85	+18.5%	COM	963320106
MAC	THE MACERICH COMPANY	114,700	$7.656M	2.2%	$61.04	—	COM	554382101
CRM	SALESFORCE.COM INC.	131,720	$7.65M	2.2%	$42.56	+25.4%	COM	79466L302
WFC	WELLS FARGO & CO	142,365	$7.482M	2.1%	$28.01	+29.6%	COM	949746101
SJM	J M Smuckers Co.	69,335	$7.389M	2.1%	$71.29	+0.2%	COM	832696405
KEY	KEYCORP	488,110	$6.994M	2.0%	$8.44	+5.0%	COM	493267108
—	PRAXAIR	53,250	$6.935M	2.0%	$130.23	—	COM	74005P104
PII	POLARIS INDUSTRIES INC	53,250	$6.935M	2.0%	$132.68	-0.2%	COM	731068102
TJX	TJX COMPANIES INC.	118,110	$6.277M	1.8%	$21.20	+14.7%	COM	872540109
—	SANDISK	58,060	$6.063M	1.7%	$64.54	—	COM	80004C101
—	DIRECTV	60,228	$5.119M	1.4%	$61.64	—	COM	25490A309
—	ROSETTA RESOURCES INC.	81,990	$4.497M	1.3%	$43.46	—	COM	777779307
RL	RALPH LAUREN CORP	27,980	$4.496M	1.3%	$138.52	-11.1%	COM	751212101
CF	CF INDUSTRIES HOLDINGS INC	16,280	$3.915M	1.1%	$27.28	+30.2%	COM	125269100
MCD	MCDONALDS CORP	26,500	$2.669M	0.8%	$71.88	+4.1%	COM	580135101
—	SEAGATE TECHNOLOGY	38,790	$2.204M	0.6%	$47.28	—	COM	G7945M107
ABBV	ABBVIE INC	39,020	$2.202M	0.6%	$26.57	+24.1%	COM	00287Y109
COP	CONOCOPHILLIPS	25,475	$2.183M	0.6%	$41.76	+27.7%	COM	20825C104
CNK	CINEMARK HOLDING INC.	60,620	$2.143M	0.6%	$23.29	+7.1%	COM	17243V102
LLY	LILLY ELI & CO	28,670	$1.782M	0.5%	$42.09	+14.1%	COM	532457108
—	EATON CORP.	20,578	$1.588M	0.4%	$65.99	—	COM	278058102
CVX	CHEVRON CORP	11,620	$1.516M	0.4%	$71.32	+6.4%	COM	166764100
XOM	EXXON MOBIL CORP	11,961	$1.204M	0.3%	$53.69	+15.2%	COM	30231G102
—	MALLINCKRODT PLC	9,098	$728K	0.2%	$44.02	—	COM	G5785G107
NI	NISOURCE INC COM	16,840	$662K	0.2%	$7.88	+27.7%	COM	65473P105
NVS	NOVARTIS AG-ADR	6,950	$629K	0.2%	$70.65	—	ADR	66987V109
EBAY	EBAY	12,400	$620K	0.2%	$20.18	-3.9%	COM	278642103
NSRGY	NESTLE S A SPONS ADR	7,875	$611K	0.2%	$65.76	—	ADR	641069406
DDD	3-D SYSTEMS CORP	6,760	$404K	0.1%	$41.34	+24.2%	COM	88554D205
—	WALGREEN	5,300	$392K	0.1%	$44.15	—	COM	931422109
AEP	AMER ELEC POWER CO.	6,970	$388K	0.1%	$30.44	+14.6%	COM	025537101
CMCSA	COMCAST CORP NEW CL A	6,605	$352K	0.1%	$16.02	+23.5%	COM	20030N101
MSFT	MICROSOFT CORP	7,204	$300K	0.1%	$26.70	+27.2%	COM	594918104
CBRL	CRACKER BARREL OLD	3,000	$298K	0.1%	$59.05	0.0%	COM	22410J106
OXY	OCCIDENTAL PETROLEUM	2,900	$297K	0.1%	$57.83	+14.4%	COM	674599105
—	LIBERTY MEDIA-INTERACTIVE SER A	9,800	$287K	0.1%	$22.96	—	COM	53071M104
COST	COSTCO CORP	2,440	$280K	0.1%	$86.56	+6.1%	COM	22160K105
JNJ	JOHNSON & JOHNSON	2,465	$257K	0.1%	$59.90	+22.1%	COM	478160104
KO	COCA-COLA CO	5,800	$245K	0.1%	$27.85	+0.9%	COM	191216100
MAS	MASCO CORP	10,400	$230K	0.1%	$14.92	+6.4%	COM	574599106
—	IRON MOUNTAIN INC	5,850	$207K	0.1%	$35.38	—	COM	462846106
—	TWENTY FIRST CENTRUY FOX	5,900	$201K	0.1%	$34.07	—	COM	90130A200