Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PEP	Pepsico Inc.	144,632	$11.83M	3.8%	$56.00	0.0%	COM	713448108
EPD	Enterprise Products Partners L	165,673	$10.3M	3.3%	$62.15	—	PTP	293792107
IBM	International Business Machine	48,841	$9.334M	3.0%	$118.94	0.0%	COM	459200101
JPM	JP Morgan Chase & Co	156,125	$8.242M	2.6%	$36.24	0.0%	COM	46625H100
XOM	Exxon Mobil Corp	88,950	$8.037M	2.6%	$53.69	0.0%	COM	30231G102
—	General Electric Co.	314,415	$7.291M	2.3%	$23.19	—	COM	369604103
—	Anheuser-Busch Cos Inc	74,865	$6.757M	2.2%	$90.26	—	COM	035229103
TMO	Thermo Electron Corp	78,618	$6.653M	2.1%	$79.76	0.0%	COM	883556102
TEVA	Teva Pharmaceutical Industries	162,550	$6.372M	2.0%	$39.20	—	COM	881624209
UNH	United Health Group Inc.	97,144	$6.361M	2.0%	$50.75	0.0%	COM	91324P102
NVS	Novartis AG ADR	87,778	$6.207M	2.0%	$70.71	—	COM	66987V109
—	Tronox Ltd.	303,480	$6.115M	2.0%	$20.15	—	COM	897051306
—	Buckeye Partners LP	85,584	$6.005M	1.9%	$70.16	—	PTP	118230101
SYK	Stryker Corp	92,100	$5.957M	1.9%	$56.92	0.0%	COM	863667101
CVX	ChevronTexaco Corp	47,500	$5.621M	1.8%	$71.30	0.0%	COM	166764100
PAA	Plains All American Pipeline (	99,862	$5.573M	1.8%	$55.81	—	PTP	726503105
PG	Procter & Gamble Co	72,374	$5.572M	1.8%	$55.00	0.0%	COM	742718109
—	United Technologies Corp	57,110	$5.308M	1.7%	$92.94	—	COM	913017109
ZBH	Zimmer Holdings Inc	70,700	$5.298M	1.7%	$67.30	0.0%	COM	98956P102
MMM	Minnesota Mining & Manufacturi	47,650	$5.211M	1.7%	$61.26	0.0%	COM	88579Y101
—	EMC Corp/Massachusetts	219,640	$5.188M	1.7%	$23.62	—	COM	268648102
SCHW	Charles Schwab Corp	244,336	$5.187M	1.7%	$15.92	0.0%	COM	808513105
—	Energy Transfer Partners LP	102,533	$5.182M	1.7%	$50.54	—	PTP	29273R109
—	Enbridge Energy Partners LP	169,676	$5.173M	1.7%	$30.49	—	PTP	29250R106
JNJ	Johnson & Johnson	59,624	$5.119M	1.6%	$59.66	0.0%	COM	478160104
—	Thoratec Corp	150,165	$4.702M	1.5%	$31.31	—	COM	885175307
—	Viacom CL B	66,385	$4.516M	1.4%	$68.03	—	COM	92553P201
AAPL	Apple Computer Inc	11,345	$4.499M	1.4%	$13.16	0.0%	COM	037833100
—	OM Group Inc	144,780	$4.477M	1.4%	$30.92	—	COM	670872100
CSCO	Cisco Systems Inc	182,922	$4.451M	1.4%	$15.24	0.0%	COM	17275R102
—	Williams Partners LP	82,669	$4.266M	1.4%	$51.60	—	PTP	96950F104
—	Medtronic Inc	78,150	$4.022M	1.3%	$51.47	—	COM	585055106
ORCL	Oracle Corp	130,086	$3.995M	1.3%	$27.58	0.0%	COM	68389X105
KSS	Kohls Corp	78,825	$3.981M	1.3%	$49.51	0.0%	COM	500255104
—	General Motors Corp	100,800	$3.358M	1.1%	$33.31	—	COM	370442105
SLB	Schlumberger Ltd	46,050	$3.3M	1.1%	$52.90	0.0%	COM	806857108
—	Chubb Corp	38,600	$3.267M	1.0%	$84.64	—	COM	171232101
TXN	Texas Instruments Inc	93,200	$3.248M	1.0%	$25.31	0.0%	COM	882508104
—	Aetna Inc	47,700	$3.031M	1.0%	$63.54	—	COM	00817Y108
CME	CME Group, Inc.	37,790	$2.87M	0.9%	$39.16	0.0%	COM	12572Q105
AMAT	Applied Materials Inc	189,050	$2.821M	0.9%	$12.22	0.0%	COM	038222105
YUM	Yum! Brands Inc.	39,944	$2.77M	0.9%	$38.97	0.0%	COM	988498101
MSFT	Microsoft Corp	79,373	$2.742M	0.9%	$26.70	0.0%	COM	594918104
DE	Deere & Co	33,472	$2.72M	0.9%	$68.04	0.0%	COM	244199105
—	Nustar GP Holdings LLC	101,335	$2.709M	0.9%	$26.73	—	PTP	67059L102
—	Enduro Royalty Trust	168,253	$2.663M	0.9%	$15.83	—	COM	29269k100
MCK	McKesson Corp	23,250	$2.662M	0.9%	$101.46	0.0%	COM	58155Q103
NEE	NextEra Energy, Inc.	32,128	$2.618M	0.8%	$14.15	0.0%	COM	65339F101
—	American Water Works Co Inc	63,400	$2.614M	0.8%	$41.23	—	COM	030Y20103
—	Australia and New Zealand Bank	100,000	$2.612M	0.8%	$26.12	—	COM	052528304
—	Kinder Morgan Energy Partners	30,250	$2.583M	0.8%	$85.39	—	PTP	494550106
EIX	Edison International	51,800	$2.495M	0.8%	$30.71	0.0%	COM	281020107
—	Verifone Systems, Inc.	147,637	$2.482M	0.8%	$16.81	—	COM	92342y109
—	Royal Dutch Petroleum Co	38,400	$2.45M	0.8%	$63.80	—	COM	780259206
CSX	CSX Corp	105,170	$2.439M	0.8%	$6.66	0.0%	COM	126408103
UNP	Union Pacific Corp	15,250	$2.353M	0.8%	$57.06	0.0%	COM	907818108
—	Alter NRG Corp	6,081,000	$2.28M	0.7%	$0.37	—	COM	02145w101
BK	Bank of New York Co Inc/The	78,356	$2.198M	0.7%	$21.22	0.0%	COM	064058100
—	Magellan Midstream Partners (L	40,000	$2.18M	0.7%	$54.50	—	PTP	559080106
—	Plum Creek Timber Co Inc (REIT	46,150	$2.154M	0.7%	$46.67	—	COM	729251108
WFC	Wells Fargo & Co	49,010	$2.023M	0.6%	$27.36	0.0%	COM	949746101
PFE	Pfizer Inc	69,506	$1.947M	0.6%	$16.46	0.0%	COM	717081103
PPG	PPG Industries Inc	13,200	$1.933M	0.6%	$59.61	0.0%	COM	693506107
—	Duke Energy Corp	27,791	$1.876M	0.6%	$67.50	—	COM	26441C105
—	Cleco Corp	40,000	$1.857M	0.6%	$46.42	—	COM	12561W105
VTR	Ventas Inc (REIT)	22,223	$1.544M	0.5%	$49.18	0.0%	COM	92276F100
—	CH Energy Group Inc	23,000	$1.495M	0.5%	$65.00	—	COM	12541M102
INTC	Intel Corp	59,659	$1.446M	0.5%	$17.18	0.0%	COM	458140100
IVV	iShares S&P 500 Index Fund/US	7,833	$1.26M	0.4%	$160.86	—	COM	464287200
DDEJF	Dundee Bancorp Inc.	58,111	$1.179M	0.4%	$22.10	0.0%	COM	264901109
—	Time Warner Inc	20,254	$1.171M	0.4%	$57.82	—	COM	887317105
CL	Colgate-Palmolive Co	20,000	$1.146M	0.4%	$44.38	0.0%	COM	194162103
OXY	Occidental Petroleum Corp	12,024	$1.073M	0.3%	$57.83	0.0%	COM	674599105
COST	Costco Wholesale Corp	9,204	$1.018M	0.3%	$86.56	0.0%	COM	22160K105
—	Oneok Partners LP	19,400	$961K	0.3%	$49.54	—	PTP	68268N103
SO	Southern Co/The	19,000	$838K	0.3%	$26.74	0.0%	COM	842587107
ALV	Autoliv Inc	10,700	$828K	0.3%	$40.38	0.0%	COM	052800109
—	Linear Technology Corp	21,416	$789K	0.3%	$36.84	—	COM	535678106
TGT	Target Corp	11,376	$783K	0.3%	$47.95	0.0%	COM	87612E106
INTU	Intuit Inc	11,630	$710K	0.2%	$54.39	0.0%	COM	461202103
CLPHY	CLP Holdings Ltd	86,400	$705K	0.2%	$8.16	—	COM	18946Q101
MDU	MDU Resources Group Inc	26,324	$682K	0.2%	$6.58	0.0%	COM	552690109
BMY	Bristol-Myers Squibb Co	15,000	$670K	0.2%	$28.67	0.0%	COM	110122108
NI	NiSource Inc	22,200	$636K	0.2%	$7.81	0.0%	COM	65473P105
—	Dream Unlimited Corp	58,111	$613K	0.2%	$10.55	—	COM	26153M200
—	Source Capital Inc.	9,574	$591K	0.2%	$61.73	—	COM	836144105
—	Ensco PLC	10,000	$581K	0.2%	$58.10	—	COM	29358Q109
—	Time Warner Cable	5,105	$574K	0.2%	$112.44	—	COM	88732J207
BP	BP PLC	12,832	$536K	0.2%	$41.77	—	COM	055622104
EMR	Emerson Electric Co.	9,313	$508K	0.2%	$40.02	0.0%	COM	291011104
—	Comcast Corp	11,811	$469K	0.1%	$39.71	—	COM	20030n200
—	Vodaphone Group Plc	15,819	$455K	0.1%	$28.76	—	COM	92857W100
BAX	Baxter International Inc	6,000	$416K	0.1%	$30.42	0.0%	COM	071813109
—	AbbVie Inc.	10,038	$415K	0.1%	$41.34	—	COM	002874y10
SRE	Sempra Energy	5,016	$410K	0.1%	$27.60	0.0%	COM	816851109
AMGN	Amgen Inc.	3,989	$394K	0.1%	$73.34	0.0%	COM	031162100
MA	Mastercard, Inc.	675	$388K	0.1%	$51.54	0.0%	COM	57636Q104
BCE	BCE Inc	9,016	$370K	0.1%	$22.29	0.0%	COM	05534B760
ABT	Abbott Laboratories	10,038	$350K	0.1%	$28.85	0.0%	COM	002824100
—	United Parcel Service Inc	4,000	$346K	0.1%	$86.50	—	COM	013104104
—	Du Pont El de Nemours & Co.	6,271	$329K	0.1%	$52.46	—	COM	263534109
—	Spectra Energy	9,290	$320K	0.1%	$34.45	—	COM	847560109
IWS	iShares Russell Midcap Value I	5,393	$312K	0.1%	$57.85	—	COM	464287473
IWP	iShares Russell Midcap Growth	4,134	$297K	0.1%	$71.84	—	COM	464287481
—	Walgreen Co	6,550	$290K	0.1%	$44.27	—	COM	931422109
BAC	Bank of America Corp	21,668	$279K	0.1%	$10.03	0.0%	COM	060505104
MRK	Merck & Co Inc	5,967	$277K	0.1%	$30.02	0.0%	COM	58933Y105
IEV	iShares S&P Euro 350 Index	6,952	$269K	0.1%	$38.69	—	COM	464287861
HON	Honeywell International Inc	3,350	$266K	0.1%	$53.13	0.0%	COM	438516106
—	Hospitality Properties Trust (	10,000	$263K	0.1%	$26.30	—	COM	44106M102
—	Dow Chemical Co	8,131	$262K	0.1%	$32.22	—	COM	260543103
KRO	Kronos Worldwide Inc	15,700	$255K	0.1%	$8.24	0.0%	COM	50105F105
KIM	Kimco Realty Corp (Reit)	11,738	$252K	0.1%	$12.61	0.0%	COM	49446R109
—	Hewlett-Packard Co	9,869	$245K	0.1%	$24.83	—	COM	428236103
PM	Phillip Morris International	2,500	$217K	0.1%	$49.85	0.0%	COM	718172109
—	Praxair Inc	1,850	$213K	0.1%	$115.14	—	COM	74005P104
—	Safeway Inc.	8,591	$203K	0.1%	$23.63	—	COM	786514208
PMTYF	Playmates Toys	600,000	$109K	0.0%	$0.06	0.0%	COM	G7147S100
ABR	Arbor Realty Trust (REIT)	11,100	$70,000	0.0%	$6.31	—	COM	038923108
DOMR	Dominion RES Black Warrior (LP	10,000	$42,000	0.0%	$4.20	—	PTP	25746Q108