Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ENB	ENB	87,959	$3.439M	5.9%	$39.10 *	$24.17	-1.3%	COM	29250N105
WMB	WMB	110,784	$3.377M	5.8%	$30.48 *	$14.95	+31.4%	COM	969457100
—	USAI	107,189	$2.784M	4.7%	$25.97	$25.97	—	AMERN ENERGY	26922A552
OKE	OKE	48,077	$2.568M	4.4%	$53.41 *	$26.44	+22.1%	COM	682680103
KMI	KMI	131,690	$2.379M	4.1%	$18.07 *	$12.58	-8.5%	COM	49456B101
EPD	EPD	86,798	$2.3M	3.9%	$26.50	$29.09	—	COM	293792107
IWV	IWV	13,298	$2.103M	3.6%	$158.14	$122.23	+29.4%	RUSSELL 3000 ETF	464287689
ET	ETE	120,879	$2.086M	3.6%	$17.26	$16.48	—	COM UT LTD PTN	29273V100
—	MMP	25,236	$1.789M	3.0%	$70.89	$72.31	—	COM UNIT RP LP	559080106
PAGP	PAGP	68,835	$1.51M	2.6%	$21.94	$26.16	—	LTD PARTNR INT A	72651A207
—	ENLC	80,525	$1.416M	2.4%	$17.58	$17.31	—	COM UNIT REP LTD	29336T100
—	TRP	29,088	$1.413M	2.4%	$48.58	$46.74	—	COM	89353D107
—	CEQP	52,904	$1.364M	2.3%	$25.78	$23.58	—	UNIT LTD PARTNER	226344208
LMT	LMT	3,909	$1.255M	2.1%	$321.05 *	$182.72	+41.9%	COM	539830109
WM	WM	13,380	$1.154M	2.0%	$86.25 *	$50.79	+48.1%	COM	94106L109
TRGP	TRGP	23,439	$1.134M	1.9%	$48.38 *	$31.37	+13.5%	COM	87612G101
XLP	XLP	19,484	$1.108M	1.9%	$56.87	$53.24	+6.9%	SBI CONS STPLS	81369Y308
RSG	RSG	16,037	$1.084M	1.8%	$67.59 *	$41.22	+45.0%	COM	760759100
KHC	KHC	13,587	$1.056M	1.8%	$77.72 *	$53.83	-1.4%	COM	500754106
—	TEGP	38,860	$1M	1.7%	$25.73	$26.25	—	SHS CL A	874696107
IGSB	CSJ	9,509	$994K	1.7%	$104.53 *	$52.59	-0.6%	1 3 YR CR BD ETF	464288646
BRK/B	BRKB	4,928	$976K	1.7%	$198.05	$148.01	+33.9%	CL B NEW	084670702
MCD	MCD	5,617	$966K	1.6%	$171.98 *	$99.18	+43.8%	COM	580135101
ADP	ADP	8,133	$953K	1.6%	$117.18 *	$71.94	+37.6%	COM	053015103
CLX	CLX	6,213	$924K	1.6%	$148.72 *	$98.68	+19.3%	COM	189054109
—	NSH	58,460	$917K	1.6%	$15.69	$25.40	—	UNIT RESTG LLC	67059L102
—	DPS	8,993	$872K	1.5%	$96.96	$96.68	—	COM	26138E109
JNJ	JNJ	6,210	$867K	1.5%	$139.61 *	$87.05	+28.4%	COM	478160104
TRV	TRV	6,332	$858K	1.5%	$135.50 *	$91.51	+24.6%	COM	89417E109
HSY	HSY	7,086	$804K	1.4%	$113.46 *	$74.57	+25.8%	COM	427866108
PEP	PEP	6,658	$798K	1.4%	$119.86 *	$77.08	+21.8%	COM	713448108
MKC	MKC	7,744	$789K	1.3%	$101.89 *	$40.66	+7.9%	COM NON VTG	579780206
—	BPL	15,528	$769K	1.3%	$49.52	$69.94	—	UNIT LTD PARTN	118230101
GIS	GIS	12,102	$717K	1.2%	$59.25 *	$45.44	-2.2%	COM	370334104
PG	PG	7,695	$707K	1.2%	$91.88 *	$63.33	+17.4%	COM	742718109
CL	CL	9,254	$698K	1.2%	$75.43 *	$56.89	+9.6%	COM	194162103
SJM	SJM	5,616	$697K	1.2%	$124.11 *	$99.14	-3.0%	COM NEW	832696405
—	UL	12,324	$682K	1.2%	$55.34	$48.03	—	SPON ADR NEW	904767704
—	SEMG	22,084	$666K	1.1%	$30.16	$32.64	—	CL A	81663A105
KMB	KMB	5,524	$666K	1.1%	$120.56 *	$93.92	-2.9%	COM	494368103
—	SLCA	19,268	$627K	1.1%	$32.54	$47.32	—	COM	90346E103
CAG	CAG	16,610	$625K	1.1%	$37.63 *	$25.38	+9.3%	COM	205887102
—	WGP	16,605	$616K	1.0%	$37.10	$41.32	—	COMUNT LTD PT	95825R103
KO	KO	13,246	$607K	1.0%	$45.83 *	$33.31	+7.3%	COM	191216100
—	K	8,674	$589K	1.0%	$67.90 *	$50.92	-6.4%	COM	487836108
AGG	AGG	5,122	$559K	1.0%	$109.14	$110.64	-1.2%	CORE US AGGBD ET	464287226
IBM	IBM	3,293	$505K	0.9%	$153.36 *	$95.13	+8.7%	COM	459200101
LNG	LNG	7,056	$379K	0.6%	$53.71	$45.05	+19.5%	COM NEW	16411R208
CXW	CXW	15,590	$350K	0.6%	$22.45 *	$19.04	-4.6%	COM	21871N101
LW	LW	5,294	$298K	0.5%	$56.29 *	$29.75	+68.5%	COM	513272104
XLU	XLU	5,107	$269K	0.5%	$52.67 *	$24.64	+6.9%	SBI INT-UTILS	81369Y886
AROC	AROC	22,346	$233K	0.4%	$10.43 *	$7.71	-13.8%	COM	03957W106
QSR	QSR	3,589	$220K	0.4%	$61.30	$42.19	+45.7%	COM	76131D103
—	SPLV	4,221	$201K	0.3%	$47.62	$47.62	—	S&P500 LOW VOL	73977B779