Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWO	iShares Russell 2000G	694,465	$94.11M	18.7%	$111.51	—	COM	464287648
—	PowerShares QQQ Trust	412,679	$36.3M	7.2%	$71.27	—	COM	73935A104
SPY	Standard Poors DR	150,083	$27.72M	5.5%	$161.07	—	COM	78462F103
DIS	Walt Disney Co	351,721	$26.87M	5.3%	$56.11	+9.9%	COM	254687106
AMZN	Amazoncom	43,060	$17.17M	3.4%	$13.32	+35.0%	COM	023135106
VWO	Vanguard Emg Mkts ETF	406,040	$16.7M	3.3%	$38.80	—	COM	922042858
PEP	PepsiCo Inc	168,505	$13.98M	2.8%	$56.00	+3.1%	COM	713448108
—	Google Inc	11,365	$12.74M	2.5%	$880.33	—	COM	38259P508
FCX	Freeport-McMoRan	279,099	$10.53M	2.1%	$24.45	+23.0%	COM	35671D857
—	Royal Dutch Shell PLC	138,900	$9.899M	2.0%	$63.80	—	COM	780259206
AXP	American Express	106,415	$9.655M	1.9%	$59.62	+16.2%	COM	025816109
—	GlaxoSmithKline PLC	152,730	$8.154M	1.6%	$49.97	—	COM	37733W105
—	Berkshire Hathaway B	65,198	$7.73M	1.5%	$111.92	—	COM	084670207
YUM	Yum! Brands Inc	101,700	$7.69M	1.5%	$38.97	+4.9%	COM	988498101
IBM	Intl Bus Machines	40,710	$7.636M	1.5%	$118.94	-10.5%	COM	459200101
—	Monsanto Co	65,065	$7.583M	1.5%	$98.79	—	COM	61166W101
PG	Procter Gamble	83,200	$6.773M	1.3%	$55.00	+5.5%	COM	742718109
JNJ	Johnson Johnson	72,171	$6.61M	1.3%	$59.66	+10.2%	COM	478160104
CMCSA	Comcast Corp Cl A	124,410	$6.465M	1.3%	$15.62	+17.7%	COM	20030N101
AAPL	Apple Inc	11,210	$6.289M	1.2%	$13.16	+24.4%	COM	037833100
—	Hess Corp	64,100	$5.32M	1.1%	$66.49	—	COM	42809H107
UNP	Union Pacific Corp	31,500	$5.292M	1.1%	$57.06	+6.1%	COM	907818108
—	General Electric Co	186,025	$5.214M	1.0%	$23.19	—	COM	369604103
LLY	Eli Lilly	94,600	$4.825M	1.0%	$42.21	-6.2%	COM	532457108
AMGN	Amgen Inc	33,020	$3.767M	0.7%	$73.34	+10.6%	COM	031162100
—	Merck Co	71,475	$3.577M	0.7%	$46.45	—	COM	589331107
TGT	Target Corp	54,475	$3.447M	0.7%	$47.95	-7.0%	COM	87612E106
—	Eaton Vance Tax Mngd	265,296	$3.21M	0.6%	$11.12	—	COM	27829C105
BAC	Bank of Amer Corp	184,400	$2.871M	0.6%	$10.03	+16.5%	COM	060505104
—	Comcast Special A	56,999	$2.843M	0.6%	$39.67	—	COM	20030N200
GHC	Graham Holdings Co	4,250	$2.819M	0.6%	$339.79	0.0%	COM	384637104
—	Bed Bath Beyond	33,400	$2.682M	0.5%	$70.96	—	COM	075896100
SIEGY	Siemens AG ADR	17,900	$2.479M	0.5%	$101.28	—	COM	826197501
CCL	Carnival Corp	61,105	$2.455M	0.5%	$27.66	+5.8%	COM	143658300
SEE	Sealed Air Corp	71,600	$2.438M	0.5%	$18.75	+33.3%	COM	81211K100
—	Valeant Pharma	19,332	$2.27M	0.5%	$86.06	—	COM	91911K102
CL	Colgate-Palmolive	34,600	$2.256M	0.4%	$44.38	+9.1%	COM	194162103
PM	Philip Morris Intl	24,805	$2.161M	0.4%	$49.85	-4.0%	COM	718172109
MMM	3M Co	15,300	$2.146M	0.4%	$61.26	+18.6%	COM	88579Y101
CSCO	Cisco Systems Inc	94,110	$2.111M	0.4%	$15.24	-0.2%	COM	17275R102
ADBE	Adobe Systems Inc	33,937	$2.032M	0.4%	$44.30	+24.7%	COM	00724F101
—	Ultimate Software	12,960	$1.986M	0.4%	$117.28	—	COM	90385D107
—	United Technologies	17,400	$1.98M	0.4%	$92.93	—	COM	913017109
ALL	Allstate Corp	32,960	$1.798M	0.4%	$37.12	+10.7%	COM	020002101
BRK/A	Berkshire Hath Cl A	10	$1.779M	0.4%	$165023.42	+5.1%	COM	084670108
GLW	Corning Inc	97,975	$1.746M	0.3%	$10.49	+14.9%	COM	219350105
AMT	American Tower	21,830	$1.742M	0.3%	$59.51	-1.7%	COM	03027X100
EMR	Emerson Electric	24,200	$1.698M	0.3%	$40.02	+20.4%	COM	291011104
HIG	Hartford Finl Ser	46,750	$1.694M	0.3%	$22.20	+20.4%	COM	416515104
—	Medtronic Inc	29,300	$1.682M	0.3%	$51.47	—	COM	585055106
GILD	Gilead Sciences Inc	22,284	$1.674M	0.3%	$36.21	+33.6%	COM	375558103
ITW	Illinois Tool Works	19,400	$1.631M	0.3%	$49.85	+19.3%	COM	452308109
CVX	Chevron-Texaco Corp	13,000	$1.624M	0.3%	$71.30	+1.7%	COM	166764100
—	Rockwell Collins Inc	20,300	$1.501M	0.3%	$63.40	—	COM	774341101
AMP	Ameriprise Financial	13,007	$1.496M	0.3%	$59.57	+34.4%	COM	03076C106
—	Varian Med Systems	19,200	$1.492M	0.3%	$67.45	—	COM	92220P105
SLB	Schlumberger	16,380	$1.476M	0.3%	$52.90	+23.0%	COM	806857108
—	21st Century Fox	40,920	$1.439M	0.3%	$33.50	—	COM	90130A101
PFE	Pfizer Inc	44,263	$1.356M	0.3%	$16.46	+7.1%	COM	717081103
—	Celgene Corp	7,970	$1.347M	0.3%	$116.94	—	COM	151020104
—	Chicago Bridge Iron	16,000	$1.33M	0.3%	$59.69	—	COM	167250109
XOM	Exxon Mobil Corp	12,974	$1.313M	0.3%	$53.69	+4.2%	COM	30231G102
FDX	Federal Express	9,000	$1.294M	0.3%	$81.95	+36.8%	COM	31428X106
—	FEI Company	14,469	$1.293M	0.3%	$73.05	—	COM	30241L109
FXI	iShares FTSE/China 25	33,600	$1.289M	0.3%	$32.53	—	COM	464287184
MSFT	Microsoft Corp	34,100	$1.276M	0.3%	$26.70	+12.4%	COM	594918104
—	Raytheon Co	13,500	$1.224M	0.2%	$66.15	—	COM	755111507
—	Nordstrom Inc	19,790	$1.223M	0.2%	$59.93	—	COM	655664100
MS	Discover Financial	31,400	$1.221M	0.2%	$17.33	+25.8%	COM	617446448
CTSH	Cognizant Tech Sol	11,910	$1.203M	0.2%	$29.46	+37.0%	COM	192446102
T	ATT Inc	34,031	$1.197M	0.2%	$11.40	-2.0%	COM	00206R102
HON	Honeywell Intl	12,925	$1.181M	0.2%	$53.13	+14.5%	COM	438516106
UPS	United Parcel Service	10,930	$1.149M	0.2%	$55.38	+16.4%	COM	911312106
—	Yahoo! Inc	27,825	$1.125M	0.2%	$25.12	—	COM	984332106
—	American Intl Group	21,788	$1.112M	0.2%	$44.70	—	COM	026874107
—	Informatica Corp	26,540	$1.101M	0.2%	$34.98	—	COM	45666Q102
GLD	SPDR Gold Trust	9,300	$1.08M	0.2%	$119.14	—	COM	78463V107
INGR	Ingredion Inc	15,599	$1.068M	0.2%	$70.28	-3.8%	COM	457187102
INTC	Intel Corp	40,700	$1.056M	0.2%	$17.18	+4.4%	COM	458140100
—	Directv	15,243	$1.053M	0.2%	$61.67	—	COM	25490A101
EEM	iShares MSCI Emrg Mkt	24,500	$1.024M	0.2%	$38.49	—	COM	464287234
MO	Altria Group	26,605	$1.021M	0.2%	$16.28	+5.3%	COM	02209S103
VSAT	ViaSat Inc	16,024	$1.004M	0.2%	$59.58	+5.7%	COM	92552V100
—	Coach Inc	17,755	$997K	0.2%	$57.11	—	COM	189754104
NUS	Nu Skin Ent Inc	7,036	$973K	0.2%	$37.42	+113.7%	COM	67018T105
GS	Goldman Sachs Group	5,435	$963K	0.2%	$120.06	+8.8%	COM	38141G104
ZBH	Zimmer Holdings Inc	10,305	$960K	0.2%	$67.30	+16.3%	COM	98956P102
—	Seagate Technology	16,850	$946K	0.2%	$44.81	—	COM	G7945M107
EPI	Wisdom Tree India	53,600	$935K	0.2%	$16.19	—	COM	97717W422
VZ	Verizon	18,400	$904K	0.2%	$27.04	-1.6%	COM	92343V104
—	Shire PLC ADS	6,292	$889K	0.2%	$95.07	—	COM	82481R106
ABBNY	ABB Ltd ADR	33,000	$876K	0.2%	$21.67	—	COM	000375204
MA	Mastercard Inc	1,000	$835K	0.2%	$51.54	+34.0%	COM	57636Q104
URBN	Urban Outfitters	20,901	$775K	0.2%	$41.26	-9.2%	COM	917047102
—	Liberty Media Corp	5,151	$754K	0.1%	$126.77	—	COM	531229102
V	Visa Inc	3,200	$713K	0.1%	$40.02	+15.7%	COM	92826C839
COF	Capital One Financial	9,043	$693K	0.1%	$47.00	+22.0%	COM	14040H105
WFC	Wells Fargo Co	15,200	$690K	0.1%	$27.36	+12.4%	COM	949746101
—	Vodafone Grp PLC ADR	17,007	$669K	0.1%	$28.75	—	COM	92857W100
—	Janus Capital Group	53,460	$661K	0.1%	$8.51	—	COM	47102X105
PTC	PTC Inc	18,546	$656K	0.1%	$24.01	+28.0%	COM	69370C100
BA	Boeing Company	4,700	$642K	0.1%	$80.37	+38.0%	COM	097023105
SLAB	Silicon Laboratories	14,527	$629K	0.1%	$41.29	-0.8%	COM	826919102
AKAM	Akamai Technologies	13,160	$621K	0.1%	$41.83	+12.8%	COM	00971T101
USB	US Bancorp	15,300	$618K	0.1%	$22.41	+13.2%	COM	902973304
—	Citigroup Inc	11,800	$615K	0.1%	$47.93	—	COM	172967101
JPM	JPMorgan Chase	10,400	$608K	0.1%	$36.24	+9.4%	COM	46625H100
COP	ConocoPhilips	8,500	$601K	0.1%	$39.96	+21.1%	COM	20825C104
NEM	Newmont Mining Corp	26,000	$599K	0.1%	$25.34	-22.1%	COM	651639106
QCOM	Qualcomm Inc	7,700	$572K	0.1%	$45.06	+11.8%	COM	747525103
—	EMC Corp	22,400	$563K	0.1%	$23.62	—	COM	268648102
STT	State Street Corp	7,650	$561K	0.1%	$44.60	+13.5%	COM	857477103
—	Broadcom Corp	18,830	$558K	0.1%	$33.78	—	COM	111320107
ORCL	Oracle Corp	14,500	$555K	0.1%	$27.58	+4.4%	COM	68389X105
—	St Jude Medical Inc	8,890	$551K	0.1%	$45.67	—	COM	790849103
—	CA Inc	15,800	$532K	0.1%	$28.61	—	COM	12673P105
—	Orbital Sciences	22,581	$526K	0.1%	$17.36	—	COM	685564106
IP	International Paper	10,500	$515K	0.1%	$25.91	+0.4%	COM	460146103
—	iShares MSCI Japan	42,000	$510K	0.1%	$11.21	—	COM	464286848
EBAY	eBay Inc	9,200	$505K	0.1%	$20.18	-2.4%	COM	278642103
—	Duke Energy Corp	7,200	$497K	0.1%	$67.50	—	COM	264399106
NVS	Novartis AG	6,000	$482K	0.1%	$70.67	—	COM	66987V109
SPG	Simon Property Group	3,100	$472K	0.1%	$88.80	-8.8%	COM	828806109
—	Barrick Gold	26,142	$461K	0.1%	$15.72	—	COM	067901108
—	Liberty Media Inter A	14,843	$436K	0.1%	$23.04	—	COM	53071M104
HAL	Halliburton Co	8,500	$431K	0.1%	$33.21	+24.3%	COM	406216101
MET	Metlife Inc	8,000	$431K	0.1%	$24.43	+23.3%	COM	59156R108
FLEX	Flextronics Intl Ltd	54,695	$425K	0.1%	$5.43	+11.9%	COM	Y2573F102
CAG	ConAgra Foods Inc	12,400	$418K	0.1%	$17.69	-6.3%	COM	205887102
PAYX	Paychex Inc	9,030	$411K	0.1%	$25.02	+17.6%	COM	704326107
—	Legg Mason Inc	9,290	$404K	0.1%	$31.00	—	COM	524901105
RMD	ResMed Inc	8,456	$398K	0.1%	$40.00	+7.7%	COM	761152107
NEE	Nextera Energy Inc	4,600	$394K	0.1%	$14.15	+8.1%	COM	65339F101
WU	Western Union Co	22,374	$386K	0.1%	$17.12	—	COM	959802109
ED	Consolidated Edison	6,900	$381K	0.1%	$37.50	-4.3%	COM	209115104
—	Covance Inc	4,325	$381K	0.1%	$76.07	—	COM	222816100
—	RR Donnelley Sons	18,705	$379K	0.1%	$14.01	—	COM	257867101
SO	Southern Co	9,000	$370K	0.1%	$26.74	-8.1%	COM	842587107
D	Dominion Resources	5,700	$369K	0.1%	$34.53	+12.1%	COM	25746U109
BDX	Becton Dickinson	3,230	$357K	0.1%	$78.11	+9.8%	COM	075887109
EA	Electronic Arts	14,542	$334K	0.1%	$19.79	+17.9%	COM	285512109
DKS	Dicks Sporting Goods	5,652	$328K	0.1%	$36.98	+9.7%	COM	253393102
—	Liberty Global Ser C	3,811	$321K	0.1%	$67.96	—	COM	530555309
IDCC	InterDigital Inc	10,608	$313K	0.1%	$44.80	-24.4%	COM	45867G101
—	Marvell Technology	20,135	$290K	0.1%	$11.72	—	COM	G5876H105
—	Discovery Comm	3,205	$290K	0.1%	$77.38	—	COM	25470F104
EFA	iShares MSCI EAFE	4,300	$289K	0.1%	$57.21	—	COM	464287465
—	Liberty Global CL - A	3,205	$285K	0.1%	$73.63	—	COM	530555101
—	Discovery Comm C	3,205	$269K	0.1%	$69.89	—	COM	25470F302
DOX	Amdocs Limited	6,501	$268K	0.1%	$28.59	+10.9%	COM	G02602103
AEP	American Elec Power	5,500	$257K	0.1%	$30.44	-1.8%	COM	025537101
EXC	Exelon Corp	8,200	$225K	0.0%	$15.41	-15.4%	COM	30161N101
MDLZ	Mondelez Intl Inc	6,097	$215K	0.0%	$25.52	0.0%	COM	609207105
—	Telephone Data	8,348	$215K	0.0%	$24.68	—	COM	879433100
—	Monster Worldwide	26,990	$192K	0.0%	$4.93	—	COM	611742107
—	Avon Products Inc	11,095	$191K	0.0%	$21.00	—	COM	054303102
NWSA	News Corp	10,230	$184K	0.0%	$14.03	+8.0%	COM	65249B109