Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWO	iShares Russell 2000G	692,415	$98.59M	18.5%	$111.51	—	COM	464287648
—	PowerShares QQQ Trust	407,949	$42.12M	7.9%	$71.80	—	COM	73935A104
SPY	Standard Poors DR	174,248	$35.81M	6.7%	$165.62	—	COM	78462F103
DIS	Walt Disney Co	345,581	$32.55M	6.1%	$56.11	+44.9%	COM	254687106
PEP	PepsiCo Inc	168,505	$15.93M	3.0%	$56.00	+22.5%	COM	713448108
VWO	Vanguard Emg Mkts ETF	361,663	$14.47M	2.7%	$38.80	—	COM	922042858
AMZN	Amazoncom	40,935	$12.7M	2.4%	$13.32	+17.0%	COM	023135106
AXP	American Express	104,655	$9.737M	1.8%	$59.62	+28.2%	COM	025816109
—	Berkshire Hathaway B	64,778	$9.726M	1.8%	$111.92	—	COM	084670207
—	Royal Dutch Shell PLC	128,380	$8.595M	1.6%	$63.80	—	COM	780259206
AAPL	Apple Inc	77,815	$8.589M	1.6%	$17.87	+34.8%	COM	037833100
JNJ	Johnson Johnson	72,171	$7.547M	1.4%	$59.66	+29.6%	COM	478160104
PG	Procter Gamble	81,945	$7.464M	1.4%	$55.00	+17.5%	COM	742718109
YUM	Yum! Brands Inc	101,600	$7.402M	1.4%	$38.97	+8.4%	COM	988498101
UNP	Union Pacific Corp	61,710	$7.352M	1.4%	$65.92	+35.7%	COM	907818108
—	Monsanto Co	60,655	$7.246M	1.4%	$98.79	—	COM	61166W101
CMCSA	Comcast Corp Cl A	121,895	$7.071M	1.3%	$15.62	+36.1%	COM	20030N101
IBM	Intl Bus Machines	40,710	$6.532M	1.2%	$118.94	-15.5%	COM	459200101
—	GlaxoSmithKline PLC	152,730	$6.528M	1.2%	$49.97	—	COM	37733W105
LLY	Eli Lilly	94,600	$6.526M	1.2%	$42.21	+30.8%	COM	532457108
FCX	Freeport-McMoRan	271,124	$6.333M	1.2%	$24.45	-0.8%	COM	35671D857
—	Google Inc Class A	10,245	$5.437M	1.0%	$880.33	—	COM	38259P508
—	Google Inc Class C	10,245	$5.393M	1.0%	$575.31	—	COM	38259P706
AMGN	Amgen Inc	33,020	$5.26M	1.0%	$73.34	+54.5%	COM	031162100
—	Hess Corp	64,100	$4.732M	0.9%	$66.49	—	COM	42809H107
—	General Electric Co	185,975	$4.7M	0.9%	$23.19	—	COM	369604103
—	Merck Co	71,475	$4.059M	0.8%	$46.45	—	COM	589331107
TGT	Target Corp	50,595	$3.841M	0.7%	$47.95	+1.3%	COM	87612E106
GHC	Graham Holdings Co	4,065	$3.511M	0.7%	$339.79	+29.1%	COM	384637104
BAC	Bank of Amer Corp	184,400	$3.299M	0.6%	$10.03	+35.2%	COM	060505104
—	Comcast Special A	56,999	$3.281M	0.6%	$39.67	—	COM	20030N200
SEE	Sealed Air Corp	71,600	$3.038M	0.6%	$18.75	+66.9%	COM	81211K100
—	Valeant Pharma	19,256	$2.756M	0.5%	$86.06	—	COM	91911K102
—	Eaton Vance Tax Mngd	247,996	$2.733M	0.5%	$11.12	—	COM	27829C105
CSCO	Cisco Systems Inc	94,110	$2.618M	0.5%	$15.24	+20.1%	COM	17275R102
CCL	Carnival Corp	56,443	$2.559M	0.5%	$27.66	+25.8%	COM	143658300
MMM	3M Co	15,300	$2.514M	0.5%	$61.26	+46.4%	COM	88579Y101
—	Bed Bath Beyond	31,800	$2.422M	0.5%	$70.96	—	COM	075896100
ADBE	Adobe Systems Inc	33,199	$2.414M	0.5%	$44.30	+58.2%	COM	00724F101
CL	Colgate-Palmolive	34,600	$2.394M	0.4%	$44.38	+17.6%	COM	194162103
ALL	Allstate Corp	32,960	$2.315M	0.4%	$37.12	+39.3%	COM	020002101
BRK/A	Berkshire Hath Cl A	10	$2.26M	0.4%	$165023.42	+31.2%	COM	084670108
GLW	Corning Inc	97,975	$2.247M	0.4%	$10.49	+44.9%	COM	219350105
AMT	American Tower	21,830	$2.158M	0.4%	$59.51	+26.3%	COM	03027X100
—	Medtronic Inc	29,300	$2.115M	0.4%	$51.47	—	COM	585055106
PM	Philip Morris Intl	24,805	$2.02M	0.4%	$49.85	-1.3%	COM	718172109
SIEGY	Siemens AG ADR	17,900	$2.005M	0.4%	$101.28	—	COM	826197501
—	United Technologies	17,400	$2.001M	0.4%	$92.93	—	COM	913017109
HIG	Hartford Finl Ser	46,750	$1.949M	0.4%	$22.20	+40.8%	COM	416515104
ITW	Illinois Tool Works	19,400	$1.837M	0.3%	$49.85	+40.6%	COM	452308109
—	Celgene Corp	15,940	$1.783M	0.3%	$101.41	—	COM	151020104
AMP	Ameriprise Financial	13,007	$1.72M	0.3%	$59.57	+67.9%	COM	03076C106
—	Rockwell Collins Inc	20,300	$1.715M	0.3%	$63.40	—	COM	774341101
GILD	Gilead Sciences Inc	17,904	$1.688M	0.3%	$36.21	+98.4%	COM	375558103
—	Ultimate Software	11,455	$1.682M	0.3%	$117.28	—	COM	90385D107
—	Varian Med Systems	19,200	$1.661M	0.3%	$67.45	—	COM	92220P105
MSFT	Microsoft Corp	34,100	$1.584M	0.3%	$26.70	+49.3%	COM	594918104
—	21st Century Fox	40,920	$1.572M	0.3%	$33.50	—	COM	90130A101
—	Nordstrom Inc	19,790	$1.571M	0.3%	$59.93	—	COM	655664100
FDX	Federal Express	9,000	$1.563M	0.3%	$81.95	+75.6%	COM	31428X106
EMR	Emerson Electric	24,200	$1.494M	0.3%	$40.02	+16.0%	COM	291011104
INTC	Intel Corp	40,700	$1.477M	0.3%	$17.18	+55.0%	COM	458140100
MS	Discover Financial	31,400	$1.475M	0.3%	$17.33	+52.1%	COM	617446448
—	Raytheon Co	13,500	$1.46M	0.3%	$66.15	—	COM	755111507
CVX	Chevron-Texaco Corp	13,000	$1.458M	0.3%	$71.30	-1.1%	COM	166764100
—	Yahoo! Inc	27,695	$1.399M	0.3%	$25.12	—	COM	984332106
SLB	Schlumberger	16,380	$1.399M	0.3%	$52.90	+27.3%	COM	806857108
FXI	iShares FTSE/China 25	33,600	$1.398M	0.3%	$32.53	—	COM	464287184
PFE	Pfizer Inc	44,263	$1.379M	0.3%	$16.46	+9.2%	COM	717081103
INGR	Ingredion Inc	15,599	$1.323M	0.2%	$70.28	+13.2%	COM	457187102
—	Directv	15,243	$1.322M	0.2%	$61.67	—	COM	25490A101
MO	Altria Group	26,605	$1.311M	0.2%	$16.28	+46.0%	COM	02209S103
—	FEI Company	14,469	$1.307M	0.2%	$73.05	—	COM	30241L109
HON	Honeywell Intl	12,925	$1.291M	0.2%	$53.13	+28.5%	COM	438516106
CTSH	Cognizant Tech Sol	23,820	$1.254M	0.2%	$36.88	+20.1%	COM	192446102
—	American Intl Group	21,788	$1.22M	0.2%	$44.70	—	COM	026874107
UPS	United Parcel Service	10,930	$1.215M	0.2%	$55.38	+28.1%	COM	911312106
XOM	Exxon Mobil Corp	12,974	$1.199M	0.2%	$53.69	+8.0%	COM	30231G102
—	Shire PLC ADS	5,564	$1.183M	0.2%	$95.07	—	COM	82481R106
EPI	Wisdom Tree India	53,600	$1.182M	0.2%	$16.19	—	COM	97717W422
T	ATT Inc	34,031	$1.143M	0.2%	$11.40	+3.6%	COM	00206R102
—	Seagate Technology	16,500	$1.097M	0.2%	$44.81	—	COM	G7945M107
ZBH	Zimmer Holdings Inc	9,545	$1.083M	0.2%	$67.30	+42.9%	COM	98956P102
GS	Goldman Sachs Group	5,555	$1.077M	0.2%	$120.36	+25.3%	COM	38141G104
VZ	Verizon	22,871	$1.07M	0.2%	$26.81	+3.2%	COM	92343V104
GLD	SPDR Gold Trust	9,300	$1.056M	0.2%	$119.14	—	COM	78463V107
VSAT	ViaSat Inc	16,024	$1.01M	0.2%	$59.58	+2.8%	COM	92552V100
—	Informatica Corp	26,000	$992K	0.2%	$34.98	—	COM	45666Q102
EEM	iShares MSCI Emrg Mkt	24,500	$963K	0.2%	$38.49	—	COM	464287234
—	Janus Capital Group	54,360	$877K	0.2%	$8.55	—	COM	47102X105
MA	Mastercard Inc	10,000	$862K	0.2%	$70.60	+8.1%	COM	57636Q104
—	Broadcom Corp	19,480	$844K	0.2%	$33.70	—	COM	111320107
V	Visa Inc	3,200	$839K	0.2%	$40.02	+39.1%	COM	92826C839
WFC	Wells Fargo Co	15,200	$833K	0.2%	$27.36	+41.7%	COM	949746101
AKAM	Akamai Technologies	13,160	$829K	0.2%	$41.83	+44.1%	COM	00971T101
ABBNY	ABB Ltd ADR	33,000	$698K	0.1%	$21.67	—	COM	000375204
USB	US Bancorp	15,300	$688K	0.1%	$22.41	+29.9%	COM	902973304
—	Coach Inc	18,185	$683K	0.1%	$56.93	—	COM	189754104
—	Chicago Bridge Iron	16,000	$672K	0.1%	$59.69	—	COM	167250109
—	EMC Corp	22,400	$666K	0.1%	$23.62	—	COM	268648102
COF	Capital One Financial	7,977	$659K	0.1%	$47.00	+41.6%	COM	14040H105
ORCL	Oracle Corp	14,500	$652K	0.1%	$27.58	+25.1%	COM	68389X105
JPM	JPMorgan Chase	10,400	$651K	0.1%	$36.24	+23.3%	COM	46625H100
—	Citigroup Inc	11,800	$638K	0.1%	$47.93	—	COM	172967101
URBN	Urban Outfitters	17,478	$614K	0.1%	$41.26	-21.4%	COM	917047102
BA	Boeing Company	4,700	$611K	0.1%	$80.37	+37.7%	COM	097023105
FLEX	Flextronics Intl Ltd	54,695	$611K	0.1%	$5.43	+45.7%	COM	Y2573F102
EA	Electronic Arts	12,958	$609K	0.1%	$19.79	+102.6%	COM	285512109
—	Duke Energy Corp	7,200	$601K	0.1%	$67.50	—	COM	264399106
STT	State Street Corp	7,650	$601K	0.1%	$44.60	+23.6%	COM	857477103
PTC	PTC Inc	16,401	$601K	0.1%	$24.01	+54.2%	COM	69370C100
COP	ConocoPhilips	8,500	$587K	0.1%	$39.96	+22.3%	COM	20825C104
—	St Jude Medical Inc	8,890	$578K	0.1%	$45.67	—	COM	790849103
SLAB	Silicon Laboratories	12,119	$577K	0.1%	$41.29	+6.9%	COM	826919102
QCOM	Qualcomm Inc	7,700	$572K	0.1%	$45.06	+18.4%	COM	747525103
SPG	Simon Property Group	3,100	$565K	0.1%	$88.80	+15.8%	COM	828806109
IP	International Paper	10,500	$563K	0.1%	$25.91	+18.4%	COM	460146103
NVS	Novartis AG	6,000	$556K	0.1%	$70.67	—	COM	66987V109
—	Orbital Sciences	19,666	$529K	0.1%	$17.36	—	COM	685564106
—	Liberty Global Ser C	10,827	$523K	0.1%	$50.32	—	COM	530555309
EBAY	eBay Inc	9,200	$516K	0.1%	$20.18	+0.1%	COM	278642103
—	Legg Mason Inc	9,290	$496K	0.1%	$31.00	—	COM	524901105
NEM	Newmont Mining Corp	26,000	$491K	0.1%	$25.34	-38.0%	COM	651639106
NEE	Nextera Energy Inc	4,600	$489K	0.1%	$14.15	+33.5%	COM	65339F101
—	CA Inc	15,800	$481K	0.1%	$28.61	—	COM	12673P105
—	iShares MSCI Japan	42,000	$472K	0.1%	$11.21	—	COM	464286848
ED	Consolidated Edison	6,900	$455K	0.1%	$37.50	+11.6%	COM	209115104
CAG	ConAgra Foods Inc	12,400	$450K	0.1%	$17.69	+5.9%	COM	205887102
—	Covance Inc	4,325	$449K	0.1%	$76.07	—	COM	222816100
BDX	Becton Dickinson	3,230	$449K	0.1%	$78.11	+38.1%	COM	075887109
SO	Southern Co	9,000	$442K	0.1%	$26.74	+10.3%	COM	842587107
D	Dominion Resources	5,700	$438K	0.1%	$34.53	+30.5%	COM	25746U109
—	Liberty Media Inter A	14,843	$437K	0.1%	$23.04	—	COM	53071M104
MET	Metlife Inc	8,000	$433K	0.1%	$24.43	+34.1%	COM	59156R108
PAYX	Paychex Inc	9,030	$417K	0.1%	$25.02	+31.7%	COM	704326107
RMD	ResMed Inc	7,405	$415K	0.1%	$40.00	+13.4%	COM	761152107
WU	Western Union Co	22,964	$411K	0.1%	$17.10	—	COM	959802109
IDCC	InterDigital Inc	7,635	$404K	0.1%	$44.80	+7.6%	COM	45867G101
—	Liberty Media C	10,302	$361K	0.1%	$46.98	—	COM	531229300
HAL	Halliburton Co	8,500	$334K	0.1%	$33.21	+18.3%	COM	406216101
AEP	American Elec Power	5,500	$334K	0.1%	$30.44	+26.7%	COM	025537101
—	Discovery Comm C	9,615	$324K	0.1%	$48.12	—	COM	25470F302
VOD	Vodafone Grp PLC ADR	9,274	$317K	0.1%	$36.77	—	COM	92857W308
—	RR Donnelley Sons	18,705	$314K	0.1%	$14.01	—	COM	257867101
EXC	Exelon Corp	8,200	$304K	0.1%	$15.41	+12.2%	COM	30161N101
—	Marvell Technology	20,135	$292K	0.1%	$11.72	—	COM	G5876H105
—	Barrick Gold	26,142	$281K	0.1%	$15.72	—	COM	067901108
DOX	Amdocs Limited	5,687	$265K	0.0%	$28.59	+33.9%	COM	G02602103
EFA	iShares MSCI EAFE	4,300	$262K	0.0%	$57.21	—	COM	464287465
RCL	Royal Caribbean Cru	3,000	$247K	0.0%	$53.95	+13.6%	COM	V7780T103
—	Apollo Group	6,855	$234K	0.0%	$34.14	—	COM	037604105
MDLZ	Mondelez Intl Inc	6,097	$221K	0.0%	$25.52	+11.3%	COM	609207105
—	Telephone Data	8,348	$211K	0.0%	$24.68	—	COM	879433100
MDY	SP MidCap 400	800	$211K	0.0%	$263.75	—	COM	78467Y107
NWSA	News Corp	10,230	$161K	0.0%	$14.03	-3.9%	COM	65249B109
—	Monster Worldwide	28,230	$130K	0.0%	$5.04	—	COM	611742107
—	Avon Products Inc	11,095	$104K	0.0%	$21.00	—	COM	054303102