Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PEP	Pepsico Inc.	143,632	$11.42M	3.5%	$56.00	+1.4%	COM	713448108
EPD	Enterprise Products Partners L	165,673	$10.11M	3.1%	$62.15	—	PTP	293792107
IBM	International Business Machine	48,941	$9.063M	2.8%	$118.94	-6.2%	COM	459200101
JPM	JP Morgan Chase & Co	156,125	$8.07M	2.5%	$36.24	+6.3%	COM	46625H100
XOM	Exxon Mobil Corp	91,450	$7.868M	2.4%	$53.70	+0.8%	COM	30231G102
—	General Electric Co.	314,415	$7.511M	2.3%	$23.19	—	COM	369604103
—	Tronox Ltd.	300,190	$7.346M	2.3%	$20.15	—	COM	897051306
—	Anheuser-Busch Cos Inc	73,638	$7.305M	2.3%	$90.26	—	COM	035229103
TMO	Thermo Electron Corp	78,618	$7.245M	2.2%	$79.76	+8.8%	COM	883556102
UNH	United Health Group Inc.	97,144	$6.956M	2.1%	$50.75	+15.5%	COM	91324P102
NVS	Novartis AG ADR	86,418	$6.629M	2.0%	$70.71	—	COM	66987V109
SYK	Stryker Corp	91,650	$6.195M	1.9%	$56.92	+4.4%	COM	863667101
—	United Technologies Corp	57,110	$6.158M	1.9%	$92.94	—	COM	913017109
TEVA	Teva Pharmaceutical Industries	158,050	$5.971M	1.8%	$39.20	—	COM	881624209
ZBH	Zimmer Holdings Inc	70,700	$5.807M	1.8%	$67.30	+5.6%	COM	98956P102
CVX	ChevronTexaco Corp	47,650	$5.789M	1.8%	$71.30	+2.5%	COM	166764100
MMM	Minnesota Mining & Manufacturi	47,650	$5.69M	1.8%	$61.26	+7.7%	COM	88579Y101
—	Buckeye Partners LP	85,584	$5.608M	1.7%	$70.16	—	PTP	118230101
—	EMC Corp/Massachusetts	217,140	$5.55M	1.7%	$23.62	—	COM	268648102
—	Viacom CL B	66,385	$5.548M	1.7%	$68.03	—	COM	92553P201
—	Thoratec Corp	148,465	$5.536M	1.7%	$31.31	—	COM	885175307
PG	Procter & Gamble Co	72,374	$5.471M	1.7%	$55.00	+2.2%	COM	742718109
—	Energy Transfer Partners LP	102,533	$5.339M	1.6%	$50.54	—	PTP	29273R109
PAA	Plains All American Pipeline (	99,862	$5.259M	1.6%	$55.81	—	PTP	726503105
—	Enbridge Energy Partners LP	169,676	$5.167M	1.6%	$30.49	—	PTP	29250R106
SCHW	Charles Schwab Corp	244,336	$5.165M	1.6%	$15.92	+18.0%	COM	808513105
—	Enduro Royalty Trust	407,653	$5.132M	1.6%	$13.93	—	COM	29269k100
JNJ	Johnson & Johnson	58,824	$5.099M	1.6%	$59.66	+6.5%	COM	478160104
AAPL	Apple Computer Inc	10,595	$5.051M	1.6%	$13.16	+8.5%	COM	037833100
ORCL	Oracle Corp	132,886	$4.408M	1.4%	$27.57	-1.8%	COM	68389X105
—	Williams Partners LP	81,969	$4.335M	1.3%	$51.60	—	PTP	96950F104
—	OM Group Inc	127,580	$4.31M	1.3%	$30.92	—	COM	670872100
CSCO	Cisco Systems Inc	182,922	$4.286M	1.3%	$15.24	+11.1%	COM	17275R102
—	Medtronic Inc	78,150	$4.161M	1.3%	$51.47	—	COM	585055106
SLB	Schlumberger Ltd	46,050	$4.069M	1.3%	$52.90	+11.5%	COM	806857108
TXN	Texas Instruments Inc	93,200	$3.755M	1.2%	$25.31	+9.5%	COM	882508104
—	General Motors Corp	100,300	$3.608M	1.1%	$33.31	—	COM	370442105
KSS	Kohls Corp	68,025	$3.52M	1.1%	$49.51	+5.5%	COM	500255104
—	Alter NRG Corp	6,081,000	$3.456M	1.1%	$0.37	—	COM	02145w101
—	Chubb Corp	38,600	$3.445M	1.1%	$84.64	—	COM	171232101
AMAT	Applied Materials Inc	189,050	$3.314M	1.0%	$12.22	+10.8%	COM	038222105
—	Aetna Inc	47,700	$3.054M	0.9%	$63.54	—	COM	00817Y108
MCK	McKesson Corp	23,250	$2.983M	0.9%	$101.46	+10.6%	COM	58155Q103
—	Australia and New Zealand Bank	100,000	$2.859M	0.9%	$26.12	—	COM	052528304
YUM	Yum! Brands Inc.	39,944	$2.852M	0.9%	$38.97	+5.2%	COM	988498101
DE	Deere & Co	33,472	$2.724M	0.8%	$68.04	-3.1%	COM	244199105
CSX	CSX Corp	105,170	$2.707M	0.8%	$6.66	+3.0%	COM	126408103
—	American Water Works Co Inc	63,400	$2.617M	0.8%	$41.23	—	COM	030Y20103
MSFT	Microsoft Corp	77,873	$2.592M	0.8%	$26.70	+1.1%	COM	594918104
NEE	NextEra Energy, Inc.	31,568	$2.53M	0.8%	$14.15	+4.9%	COM	65339F101
—	Royal Dutch Petroleum Co	38,400	$2.522M	0.8%	$63.80	—	COM	780259206
CME	CME Group, Inc.	33,790	$2.496M	0.8%	$39.16	+13.0%	COM	12572Q105
—	Kinder Morgan Energy Partners	30,250	$2.415M	0.7%	$85.39	—	PTP	494550106
EIX	Edison International	51,800	$2.386M	0.7%	$30.71	-3.5%	COM	281020107
UNP	Union Pacific Corp	15,250	$2.369M	0.7%	$57.06	+5.4%	COM	907818108
BK	Bank of New York Co Inc/The	78,356	$2.366M	0.7%	$21.22	+7.3%	COM	064058100
—	Magellan Midstream Partners (L	40,000	$2.257M	0.7%	$54.50	—	PTP	559080106
PPG	PPG Industries Inc	13,200	$2.205M	0.7%	$59.61	+8.4%	COM	693506107
—	Plum Creek Timber Co Inc (REIT	46,150	$2.161M	0.7%	$46.67	—	COM	729251108
—	Coach Inc	37,275	$2.033M	0.6%	$54.54	—	COM	189754104
WFC	Wells Fargo & Co	49,010	$2.025M	0.6%	$27.36	+10.3%	COM	949746101
PFE	Pfizer Inc	69,506	$1.997M	0.6%	$16.46	-0.6%	COM	717081103
—	Nustar GP Holdings LLC	88,932	$1.996M	0.6%	$26.73	—	PTP	67059L102
—	Duke Energy Corp	29,791	$1.989M	0.6%	$67.45	—	COM	26441C105
—	Cleco Corp	40,000	$1.794M	0.6%	$46.42	—	COM	12561W105
VTR	Ventas Inc (REIT)	22,223	$1.367M	0.4%	$49.18	-12.8%	COM	92276F100
—	Time Warner Inc	20,254	$1.333M	0.4%	$57.82	—	COM	887317105
IVV	iShares S&P 500 Index Fund/US	7,833	$1.323M	0.4%	$160.86	—	COM	464287200
CL	Colgate-Palmolive Co	20,000	$1.186M	0.4%	$44.38	+0.4%	COM	194162103
INTC	Intel Corp	51,159	$1.173M	0.4%	$17.18	-1.6%	COM	458140100
OXY	Occidental Petroleum Corp	12,024	$1.125M	0.3%	$57.83	+2.4%	COM	674599105
DDEJF	Dundee Bancorp Inc.	58,111	$1.081M	0.3%	$22.10	-9.4%	COM	264901109
COST	Costco Wholesale Corp	9,204	$1.06M	0.3%	$86.56	+5.9%	COM	22160K105
—	Oneok Partners LP	19,400	$1.028M	0.3%	$49.54	—	PTP	68268N103
ALV	Autoliv Inc	9,500	$830K	0.3%	$40.38	+11.6%	COM	052800109
—	Linear Technology Corp	20,416	$810K	0.2%	$36.84	—	COM	535678106
SO	Southern Co/The	19,000	$782K	0.2%	$26.74	-5.3%	COM	842587107
INTU	Intuit Inc	11,630	$771K	0.2%	$54.39	+6.9%	COM	461202103
—	Dream Unlimited Corp	58,111	$743K	0.2%	$10.55	—	COM	26153M200
MDU	MDU Resources Group Inc	26,324	$736K	0.2%	$6.58	+10.3%	COM	552690109
TGT	Target Corp	11,376	$728K	0.2%	$47.95	-1.6%	COM	87612E106
CLPHY	CLP Holdings Ltd	86,400	$702K	0.2%	$8.16	—	COM	18946Q101
BMY	Bristol-Myers Squibb Co	15,000	$694K	0.2%	$28.67	+1.9%	COM	110122108
NI	NiSource Inc	22,200	$686K	0.2%	$7.81	+3.2%	COM	65473P105
EMR	Emerson Electric Co.	9,313	$603K	0.2%	$40.02	+9.5%	COM	291011104
—	Source Capital Inc.	9,574	$595K	0.2%	$61.73	—	COM	836144105
—	Time Warner Cable	5,105	$570K	0.2%	$112.44	—	COM	88732J207
—	Vodaphone Group Plc	15,819	$557K	0.2%	$28.76	—	COM	92857W100
BP	BP PLC	12,832	$539K	0.2%	$41.77	—	COM	055622104
—	Ensco PLC	10,000	$537K	0.2%	$58.10	—	COM	29358Q109
—	Comcast Corp	11,811	$512K	0.2%	$39.71	—	COM	20030n200
MA	Mastercard, Inc.	675	$454K	0.1%	$51.54	+13.1%	COM	57636Q104
—	AbbVie Inc.	10,038	$449K	0.1%	$41.34	—	COM	002874y10
AMGN	Amgen Inc.	3,989	$446K	0.1%	$73.34	+5.0%	COM	031162100
SRE	Sempra Energy	5,016	$429K	0.1%	$27.60	+5.1%	COM	816851109
BAX	Baxter International Inc	6,000	$394K	0.1%	$30.42	+2.1%	COM	071813109
—	Du Pont El de Nemours & Co.	6,271	$367K	0.1%	$52.46	—	COM	263534109
—	United Parcel Service Inc	4,000	$365K	0.1%	$86.50	—	COM	013104104
—	Walgreen Co	6,550	$352K	0.1%	$44.27	—	COM	931422109
BCE	BCE Inc	7,918	$338K	0.1%	$22.29	-7.2%	COM	05534B760
ABT	Abbott Laboratories	10,038	$333K	0.1%	$28.85	-4.0%	COM	002824100
IWS	iShares Russell Midcap Value I	5,393	$328K	0.1%	$57.85	—	COM	464287473
IWP	iShares Russell Midcap Growth	4,134	$323K	0.1%	$71.84	—	COM	464287481
—	Spectra Energy	9,290	$318K	0.1%	$34.45	—	COM	847560109
—	Dow Chemical Co	8,131	$312K	0.1%	$32.22	—	COM	260543103
IEV	iShares S&P Euro 350 Index	6,952	$307K	0.1%	$38.69	—	COM	464287861
BAC	Bank of America Corp	21,668	$299K	0.1%	$10.03	+12.0%	COM	060505104
MRK	Merck & Co Inc	5,967	$284K	0.1%	$30.02	+3.2%	COM	58933Y105
—	Hospitality Properties Trust (	10,000	$283K	0.1%	$26.30	—	COM	44106M102
HON	Honeywell International Inc	3,350	$278K	0.1%	$53.13	+8.2%	COM	438516106
—	Safeway Inc.	8,591	$275K	0.1%	$23.63	—	COM	786514208
KRO	Kronos Worldwide Inc	15,700	$243K	0.1%	$8.24	-1.0%	COM	50105F105
VWO	Vanguard MSCI Emerging Mkts	6,000	$241K	0.1%	$40.17	—	COM	922042858
KIM	Kimco Realty Corp (Reit)	11,738	$237K	0.1%	$12.61	-5.9%	COM	49446R109
—	Praxair Inc	1,850	$222K	0.1%	$115.14	—	COM	74005P104
PM	Phillip Morris International	2,500	$216K	0.1%	$49.85	-5.0%	COM	718172109
—	Hewlett-Packard Co	9,869	$207K	0.1%	$24.83	—	COM	428236103
PMTYF	Playmates Toys	400,000	$124K	0.0%	$0.06	+111.5%	COM	G7147S100
ABR	Arbor Realty Trust (REIT)	11,100	$75,000	0.0%	$6.31	—	COM	038923108
DOMR	Dominion RES Black Warrior (LP	10,000	$53,000	0.0%	$4.20	—	PTP	25746Q108