Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IVV	ISHARES S&P 500	157,572	$31.04M	8.8%	$197.00	$197.00	—	COM	464287200
OXY	Occidental PTL.	225,507	$23.14M	6.6%	$102.63 *	$62.71	+5.5%	COM	674599105
—	Altera Corp	510,000	$17.73M	5.1%	$34.76	$34.79	—	COM	021441100
AAPL	Apple	117,316	$10.9M	3.1%	$92.93 *	$32.41	-42.4%	COM	037833100
LLY	Lilly Eli & Company	127,382	$7.919M	2.3%	$62.17 *	$48.02	0.0%	COM	532457108
—	Seadrill LTD F	174,161	$6.958M	2.0%	$39.95	$39.95	—	COM	G7945E105
AMGN	Amgen Incorporated	50,742	$6.006M	1.7%	$118.36 *	$88.66	-6.0%	COM	031162100
GILD	Gilead Sciences	65,026	$5.391M	1.5%	$82.91 *	$54.41	-0.6%	COM	375558103
CVX	Chevron	37,513	$4.897M	1.4%	$130.54 *	$143.67	-47.2%	COM	166764100
HD	Home Depot	59,775	$4.839M	1.4%	$80.95 *	$213.33	-71.8%	COM	437076102
—	Ultra Petroleum Corp	160,000	$4.75M	1.4%	$29.69	$29.69	—	COM	903914109
DIS	Walt Disney	54,987	$4.715M	1.3%	$85.75 *	$94.06	-21.9%	COM	254687106
—	Celgene	54,675	$4.695M	1.3%	$85.87	$127.95	—	COM	151020104
—	Actavis PLC Eur1	20,859	$4.653M	1.3%	$223.07	$167.97	—	COM	G0083B108
SPY	S P D R S&P 500 ETF TR	23,349	$4.57M	1.3%	$195.73	$201.70	—	COM	78462F103
LYB	Lyondellbasell Inds.CL.A	46,282	$4.519M	1.3%	$97.64 *	$61.79	-16.0%	COM	N53745100
CTRA	Cabot Oil & Gas CP	130,488	$4.455M	1.3%	$34.14 *	$25.93	0.0%	COM	127097103
XOM	Exxon Mobil	43,689	$4.399M	1.3%	$100.69 *	$86.98	-28.9%	COM	30231G102
—	BP PRUDHOE BAY RTY	40,203	$3.978M	1.1%	$98.95	$98.95	—	COM	055630107
FDX	Fedex Corporation	24,778	$3.751M	1.1%	$151.38 *	$118.51	0.0%	COM	31428X106
JNJ	Johnson & Johnson	35,488	$3.713M	1.1%	$104.63 *	$159.57	-54.2%	COM	478160104
AXP	American Express	38,053	$3.61M	1.0%	$94.87 *	$130.30	-41.4%	COM	025816109
F	Ford Motor	201,856	$3.48M	1.0%	$17.24 *	$9.21	-3.7%	COM	345370860
—	United Technologies	29,575	$3.414M	1.0%	$115.44	$113.82	—	COM	913017109
GVA	Granite Constr Inc	92,500	$3.328M	0.9%	$35.98	$36.55	0.0%	COM	387328107
—	Dun & Bradstreet Del.	30,000	$3.306M	0.9%	$110.20	$122.73	—	COM	26483E100
MCD	McDonalds	32,594	$3.284M	0.9%	$100.75 *	$228.88	-67.3%	COM	580135101
TRV	Travelers Cos.	33,570	$3.158M	0.9%	$94.07 *	$145.75	-51.6%	COM	89417E109
ADBE	Adobe Systems Inc	43,500	$3.148M	0.9%	$72.37 *	$64.50	0.0%	COM	00724F101
—	Clearbridge Engy M	128,263	$3.071M	0.9%	$23.94	$23.94	—	COM	18469Q108
IBM	IBM	16,804	$3.046M	0.9%	$181.27 *	$114.80	-2.2%	COM	459200101
TMO	Thermo Fisher Scientific	25,758	$3.039M	0.9%	$117.98 *	$507.20	-77.6%	COM	883556102
—	Google Inc CL C	5,113	$2.941M	0.8%	$575.20	$575.20	—	COM	38259P706
—	Discover Financial SVS.	46,542	$2.885M	0.8%	$61.99	$55.93	—	COM	254709108
—	New York CMNTY Bancorp	179,867	$2.874M	0.8%	$15.98	$15.98	—	COM	649445103
—	Google 'a'	4,605	$2.692M	0.8%	$584.58	$1120.42	—	COM	38259P508
MMM	3M	18,785	$2.691M	0.8%	$143.25 *	$109.22	-25.8%	COM	88579Y101
PM	Philip Morris Intl.	31,521	$2.658M	0.8%	$84.32 *	$54.01	-10.7%	COM	718172109
CMCSA	Comcast 'a'	49,496	$2.657M	0.8%	$53.68 *	$29.33	-32.6%	COM	20030N101
CVS	CVS Caremark	35,048	$2.642M	0.8%	$75.38 *	$76.16	-27.9%	COM	126650100
—	DR Pepper Snapple Group	43,913	$2.572M	0.7%	$58.57	$48.72	—	COM	26138E109
BRK/B	Berkshire Hathaway 'B'	19,980	$2.529M	0.7%	$126.58	$262.04	-51.7%	COM	084670702
LQD	iShares TST.iBoxx Invest Top Inv.Gde.CPRT.BD.FD.	20,257	$2.416M	0.7%	$119.27	$114.63	—	COM	464287242
—	STUDENT	361,343	$2.392M	0.7%	$6.62	$6.62	—	COM	86388A108
PFE	Pfizer Incorporated	80,250	$2.382M	0.7%	$29.68 *	$20.23	-13.2%	COM	717081103
—	Linear Tech.	50,300	$2.368M	0.7%	$47.08	$45.54	—	COM	535678106
AMZN	Amazon Com Inc	7,156	$2.324M	0.7%	$324.76 *	$107.14	-85.2%	COM	023135106
ADI	Analog Devices	42,800	$2.314M	0.7%	$54.07 *	$41.49	0.0%	COM	032654105
RHHBY	Roche HLDG LTD Spon Adrf	60,470	$2.255M	0.6%	$37.29	$37.29	—	COM	771195104
EMR	Emerson Electric	33,048	$2.193M	0.6%	$66.36 *	$59.65	-17.6%	COM	291011104
RRC	Range Resources Corp	25,012	$2.175M	0.6%	$86.96 *	$89.48	0.0%	COM	75281A109
CAT	Caterpillar	19,470	$2.116M	0.6%	$108.68 *	$77.95	+0.1%	COM	149123101
NSC	Norfolk Southern	19,731	$2.033M	0.6%	$103.04 *	$192.96	-60.6%	COM	655844108
—	iShares Mortgage	158,048	$1.998M	0.6%	$12.64	$12.64	—	COM	464288539
VZ	Verizon Communications	39,386	$1.927M	0.5%	$48.93 *	$28.43	-5.7%	COM	92343V104
CRM	Salesforce Com	33,018	$1.918M	0.5%	$58.09 *	$143.84	-62.9%	COM	79466L302
IJR	iShares TST.S&P SML.Cap. 600	16,880	$1.892M	0.5%	$112.09	$87.19	—	COM	464287804
MCO	Moody's	20,000	$1.753M	0.5%	$87.65 *	$243.12	-69.9%	COM	615369105
EFA	IShares MSCI EAFE	25,549	$1.747M	0.5%	$68.38	$65.87	—	COM	464287465
SCCO	Southern Copper Corp	56,268	$1.709M	0.5%	$30.37 *	$19.24	0.0%	COM	84265V105
—	BlackRock	5,344	$1.708M	0.5%	$319.61	$378.15	—	COM	09247X101
—	CALUMET SPECIALTY PROD	53,131	$1.69M	0.5%	$31.81	$31.81	—	COM	131476103
—	PIMCO High Income FD	123,975	$1.69M	0.5%	$13.63	$13.63	—	COM	722014107
TLT	iShares 20+ Year	14,758	$1.675M	0.5%	$113.50	$113.50	—	COM	464287432
—	Praxair	12,395	$1.647M	0.5%	$132.88	$129.97	—	COM	74005P104
—	Potash Corp Sask Inc F	42,000	$1.594M	0.5%	$37.95	$37.95	—	COM	73755L107
MSFT	Microsoft	38,706	$1.586M	0.5%	$40.98 *	$101.92	-66.7%	COM	594918104
EEM	ISHARES MSCI EMERG.MKTS.IDX.FD	33,974	$1.469M	0.4%	$43.24	$43.24	—	COM	464287234
MRK	Merck & Co Inc New	25,373	$1.468M	0.4%	$57.86 *	$78.32	-51.5%	COM	58933Y105
—	Gastar Exploration	57,619	$1.464M	0.4%	$25.41	$25.41	—	COM	36729P207
META	Facebook Inc Class A	21,159	$1.424M	0.4%	$67.30 *	$135.69	-55.0%	COM	30303M102
—	Apache	13,426	$1.351M	0.4%	$100.63	$85.92	—	COM	037411105
—	General Electric	49,233	$1.294M	0.4%	$26.28	$27.69	—	COM	369604103
—	Immunogen Inc	100,000	$1.185M	0.3%	$11.85	$11.85	—	COM	45253H101
—	Seattle Genetics Inc	30,000	$1.148M	0.3%	$38.27	$38.27	—	COM	812578102
EPD	Enterprise PRDS.PTNS.LP.	14,550	$1.139M	0.3%	$78.28	$25.20	—	COM	293792107
—	Aberdeen Asia	178,622	$1.122M	0.3%	$6.28	$6.28	—	COM	003009107
—	GAMCO GLOBAL GOLD	101,886	$1.119M	0.3%	$10.98	$10.98	—	COM	36465A109
SCHX	Schwab US Large-Cap Equity ETF	23,666	$1.108M	0.3%	$46.82	$43.46	—	COM	808524201
NFLX	Netflix Inc	2,446	$1.078M	0.3%	$440.72 *	$110.54	-95.1%	COM	64110L106
ADP	Auto Data Processing	13,445	$1.066M	0.3%	$79.29 *	$52.86	0.0%	COM	053015103
COST	Costco Wholesale	9,245	$1.065M	0.3%	$115.20 *	$436.47	-79.0%	COM	22160K105
T	AT&T	29,823	$1.055M	0.3%	$35.38 *	$12.91	-8.8%	COM	00206R102
GLD	SPDR Gold Shares	7,823	$1.002M	0.3%	$128.08	$145.65	—	COM	78463V107
TIP	iShares Barclays TIPS BD.FD.	8,627	$995K	0.3%	$115.34	$108.14	—	COM	464287176
—	Anadarko Petroleum	9,025	$988K	0.3%	$109.47	$79.22	—	COM	032511107
PEP	Pepsico	10,476	$936K	0.3%	$89.35 *	$60.92	0.0%	COM	713448108
INTC	Intel	28,992	$896K	0.3%	$30.91 *	$23.15	-10.6%	COM	458140100
BAX	Baxter International Inc	11,920	$862K	0.2%	$72.32 *	$32.70	0.0%	COM	071813109
TELFY	Telefonica Spon ADR F	50,050	$859K	0.2%	$17.16	$17.16	—	COM	879382208
WFC	Wells Fargo & Co	16,193	$851K	0.2%	$52.55 *	$39.84	-8.9%	COM	949746101
TGT	Target	14,653	$849K	0.2%	$57.94 *	$102.31	-59.3%	COM	87612E106
IWM	iShares TST.Russell 2000 Idx.FD.	7,002	$832K	0.2%	$118.82	$118.22	—	COM	464287655
SCHR	SCH Intm US TRSR ETF	15,626	$830K	0.2%	$53.12	$49.75	—	COM	808524854
—	SPDR Barclays ETF	19,756	$824K	0.2%	$41.71	$41.71	—	COM	78464A417
—	Twitter Inc	20,012	$820K	0.2%	$40.98	$40.98	—	COM	90184L102
EZU	iShares MSCI Emu	18,822	$797K	0.2%	$42.34	$42.34	—	COM	464286608
CL	Colgate-Palmolive Co	11,436	$780K	0.2%	$68.21 *	$69.98	-26.8%	COM	194162103
ABBV	Abbvie Inc	13,780	$778K	0.2%	$56.46 *	$115.96	-71.6%	COM	00287Y109
KO	Coca Cola Company	18,031	$764K	0.2%	$42.37 *	$52.34	-46.3%	COM	191216100
CSCO	Cisco Systems	30,490	$758K	0.2%	$24.86 *	$38.50	-56.8%	COM	17275R102
—	Health Care REIT Inc	11,905	$746K	0.2%	$62.66	$62.66	—	COM	42217K106
BMY	Bristol Myers Squibb	15,340	$744K	0.2%	$48.50 *	$67.46	-50.3%	COM	110122108
PRGS	Progress Software	30,000	$721K	0.2%	$24.03 *	$21.82	0.0%	COM	743312100
AME	Ametek Inc New	13,500	$706K	0.2%	$52.30 *	$113.41	-57.2%	COM	031100100
USB	US Bancorp	16,186	$701K	0.2%	$43.31 *	$40.15	-30.5%	COM	902973304
SRE	Sempra En.	6,670	$698K	0.2%	$104.65 *	$133.68	-74.1%	COM	816851109
TSLA	Tesla Motors Inc	2,700	$648K	0.2%	$240.00 *	$13.95	0.0%	COM	88160R101
FTNT	Fortinet Inc	25,800	$648K	0.2%	$25.12 *	$33.30	-86.6%	COM	34959E109
NKE	Nike Inc Class B	8,128	$630K	0.2%	$77.51 *	$62.59	-48.7%	COM	654106103
RWT	Redwood Trust Inc	31,948	$622K	0.2%	$19.47	$19.47	—	COM	758075402
IJK	iShares S&P Midcap Growth	3,884	$610K	0.2%	$157.05	$63.01	—	COM	464287606
ROST	Ross Stores Inc	9,200	$608K	0.2%	$66.09 *	$31.55	-3.0%	COM	778296103
—	Walgreen	8,130	$603K	0.2%	$74.17	$59.27	—	COM	931422109
HON	Honeywell International	6,364	$592K	0.2%	$93.02 *	$135.70	-51.6%	COM	438516106
—	Isis Pharmaceuticals Inc	16,650	$574K	0.2%	$34.47	$34.47	—	COM	464330109
—	Prosafe Se Unsp ADR	69,600	$574K	0.2%	$8.25	$8.25	—	COM	74346V109
ABT	Abbott Laboratories	13,688	$560K	0.2%	$40.91 *	$96.78	-67.5%	COM	002824100
—	Du Pont E I De Nemour&co	8,487	$555K	0.2%	$65.39	$64.97	—	COM	263534109
SCHF	Schwab International Developed Equity ETF	16,389	$541K	0.2%	$33.01	$29.60	—	COM	808524805
—	CVR Partners LP Com	28,697	$536K	0.2%	$18.68	$18.68	—	COM	126633106
—	Globalscape Inc	213,993	$524K	0.1%	$2.45	$2.45	—	COM	37940G109
FSLR	First Solar Inc	7,270	$517K	0.1%	$71.11 *	$54.90	+20.6%	COM	336433107
COP	Conocophillips	6,003	$515K	0.1%	$85.79 *	$98.47	-45.8%	COM	20825C104
—	Plum Creek Timber Co	10,756	$485K	0.1%	$45.09	$45.09	—	COM	729251108
—	GlaxoSmithKline PLC Adrf	8,851	$473K	0.1%	$53.44	$53.31	—	COM	37733W105
CME	Cme Group	6,582	$467K	0.1%	$70.95 *	$170.24	-73.9%	COM	12572Q105
V	Visa 'a'	2,210	$466K	0.1%	$210.86 *	$177.65	-72.9%	COM	92826C839
DLR	Digital Realty TST.	7,921	$462K	0.1%	$58.33 *	$31.09	+16.5%	COM	253868103
ORCL	Oracle	11,313	$459K	0.1%	$40.57 *	$51.87	-33.2%	COM	68389X105
WMT	Wal Mart Stores	6,014	$451K	0.1%	$74.99 *	$112.83	-81.8%	COM	931142103
—	EMC	17,023	$448K	0.1%	$26.32	$25.15	—	COM	268648102
—	Ferrellgas Partners	16,298	$446K	0.1%	$27.37	$27.37	—	COM	315293100
YELP	Yelp Inc Class A	5,700	$437K	0.1%	$76.67 *	$65.07	0.0%	COM	985817105
—	H C P Inc	10,313	$427K	0.1%	$41.40	$36.60	—	COM	40414L109
VWO	Vanguard Emerging Markets ETF	9,849	$425K	0.1%	$43.15	$36.81	—	COM	922042858
WMB	Williams Companies	7,071	$412K	0.1%	$58.27 *	$24.17	0.0%	COM	969457100
PG	Procter & Gamble	4,992	$392K	0.1%	$78.53 *	$125.56	-53.6%	COM	742718109
SCHZ	Schwab US Aggregate Bond ETF	7,535	$391K	0.1%	$51.89	$51.35	—	COM	808524839
IXN	iShares S&P Global Technology	4,398	$391K	0.1%	$88.90	$83.46	—	COM	464287291
—	Donnelley R R & Sons Co	23,000	$390K	0.1%	$16.96	$20.26	—	COM	257867101
VOD	Vodafone Group Spon	11,502	$384K	0.1%	$33.39	$36.79	—	COM	92857W308
ECL	Ecolab	3,436	$383K	0.1%	$111.47 *	$144.40	-34.7%	COM	278865100
NEE	Nextera Energy	3,715	$381K	0.1%	$102.56 *	$68.43	-73.8%	COM	65339F101
SCHP	SCH US TIPS ETF	6,800	$379K	0.1%	$55.74	$53.12	—	COM	808524870
WIP	SPDR Series Trust ETF	6,075	$377K	0.1%	$62.06	$58.33	—	COM	78464A490
ALGN	Align Technology Inc	6,714	$376K	0.1%	$56.00 *	$53.42	-2.6%	COM	016255101
SCHM	Schwab US Mid-Cap Equity ETF	9,011	$363K	0.1%	$40.28	$40.28	—	COM	808524508
PSMT	Pricesmart Inc	4,137	$360K	0.1%	$87.02 *	$93.01	-13.2%	COM	741511109
MCK	Mckesson Corporation	1,898	$353K	0.1%	$185.99 *	$239.58	-31.9%	COM	58155Q103
IJH	iShares TST.S&P Midcap 400	2,404	$344K	0.1%	$143.09	$219.24	—	COM	464287507
SBUX	Starbucks Corp	4,405	$341K	0.1%	$77.41 *	$28.87	0.0%	COM	855244109
—	Buckeye Partners Uts L P	4,000	$332K	0.1%	$83.00	$71.00	—	COM	118230101
—	Mead Johnson Nutrition	3,550	$331K	0.1%	$93.24	$83.74	—	COM	582839106
—	Medtronic	5,053	$322K	0.1%	$63.72	$61.66	—	COM	585055106
SHY	iShares TR Barclays Bond	3,807	$322K	0.1%	$84.58	$81.30	—	COM	464287457
—	Chubb Corporation	3,410	$314K	0.1%	$92.08	$96.55	—	COM	171232101
QCOM	Qualcomm Inc	3,752	$297K	0.1%	$79.16 *	$112.98	-49.3%	COM	747525103
VB	Vanguard SML.Cap ETF	2,520	$295K	0.1%	$117.06	$117.06	—	COM	922908751
TJX	T J X Cos Inc	5,543	$295K	0.1%	$53.22 *	$57.30	-57.5%	COM	872540109
—	Triangle Petroleum	25,000	$294K	0.1%	$11.76	$11.76	—	COM	89600B201
XBFZX	BLACKROCK CALIF MUN	19,576	$290K	0.1%	$14.81	$14.81	—	COM	09248E102
DUK	Duke Energy Corp New	3,872	$287K	0.1%	$74.12 *	$93.05	-52.2%	COM	26441C204
UAA	UNDER ARMOUR INC CL A	4,802	$286K	0.1%	$59.56 *	$26.26	0.0%	COM	904311107
D	Dominion Res.	3,815	$273K	0.1%	$71.56 *	$66.46	-35.4%	COM	25746U109
APD	Air Prod & Chemicals Inc	2,100	$270K	0.1%	$128.57 *	$74.84	+12.1%	COM	009158106
IWO	iShares Russell	1,911	$265K	0.1%	$138.67	$138.67	—	COM	464287648
RXI	iShares S&P Global Consumer Cyclical	3,052	$257K	0.1%	$84.21	$83.96	—	COM	464288745
IWS	iShares Russell	3,527	$256K	0.1%	$72.58	$72.58	—	COM	464287473
ED	Consolidated Edison Inc	4,400	$254K	0.1%	$57.73 *	$78.89	-53.8%	COM	209115104
IXJ	iShares S&P Global Healthcare	2,633	$248K	0.1%	$94.19	$76.79	—	COM	464287325
—	CALPINE CORP NEW	10,389	$247K	0.1%	$23.78	$23.78	—	COM	131347304
EBAY	eBay Inc	4,932	$247K	0.1%	$50.08 *	$19.70	-1.6%	COM	278642103
RWR	SPDR Dow Jones REIT	2,935	$244K	0.1%	$83.13	$71.21	—	COM	78464A607
—	T C Pipelines LP	4,619	$239K	0.1%	$51.74	$51.74	—	COM	87233Q108
IJT	iShares S&P Smcap Growth	1,960	$237K	0.1%	$120.92	$118.34	—	COM	464287887
VEA	Vanguard FTSE Developed Market S ETF	5,500	$234K	0.1%	$42.55	$41.37	—	COM	921943858
SCHE	Schwab Emerging Market Equity ETF	8,896	$232K	0.1%	$26.08	$26.08	—	COM	808524706
IXG	iShares S&P Global Financial Services	4,038	$231K	0.1%	$57.21	$56.05	—	COM	464287333
GPC	Genuine Parts	2,620	$230K	0.1%	$87.79 *	$60.20	+2.4%	COM	372460105
JPM	JP Morgan Chase & Co.	3,957	$228K	0.1%	$57.62 *	$41.19	0.0%	COM	46625H100
—	Market Vectors ETF	9,350	$227K	0.1%	$24.28	$23.51	—	COM	57060U522
VNQ	Vanguard REIT ETF	3,031	$227K	0.1%	$74.89	$74.89	—	COM	922908553
BOH	Bank Of Hawaii	3,800	$223K	0.1%	$58.68 *	$76.12	-50.3%	COM	062540109
—	iShares S&P Developed	5,662	$221K	0.1%	$39.03	$39.03	—	COM	464288422
—	Informatica Corp	6,160	$220K	0.1%	$35.71	$41.46	—	COM	45666Q102
IXC	iShares S&P Global Energy	4,532	$220K	0.1%	$48.54	$48.54	—	COM	464287341
EXI	iShares S&P Global Industrials	2,929	$213K	0.1%	$72.72	$72.72	—	COM	464288729
—	Managed High Yield	99,302	$212K	0.1%	$2.13	$2.13	—	COM	561911108
ISRG	Intuitive Surgical New	508	$209K	0.1%	$411.42 *	$44.11	0.0%	COM	46120E602
BSV	Vanguard Bond Index Fund	2,586	$208K	0.1%	$80.43	$74.81	—	COM	921937827
—	Sandisk Corp	1,985	$207K	0.1%	$104.28	$104.28	—	COM	80004C101
SCHA	Schwab US Small-Cap Equity ETF	3,714	$204K	0.1%	$54.93	$54.93	—	COM	808524607
KXI	iShars S&P Global Consumer Defensive	2,267	$204K	0.1%	$89.99	$89.99	—	COM	464288737