Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SYY	SYSCO CORP	3,079,426	$104M	45.2%	$33.83	$37.37	—	COM	871829107
—	ALLTEL CORP	159,259	$9.874M	4.3%	$62.00	$60.36	—	COM	020039103
XOM	EXXON MOBIL CORP	113,899	$8.594M	3.7%	$75.45	$59.00	—	COM	30231G102
WFC	WELLS FARGO CO NEW	185,243	$6.378M	2.8%	$34.43	$40.52	—	COM	949746101
CVX	CHEVRON CORP NEW	67,291	$4.977M	2.2%	$73.96	$68.93	—	COM	166764100
USB	US BANCORP DEL	131,001	$4.581M	2.0%	$34.97	$25.59	—	COM NEW	902973304
—	BERKSHIRE HATHAWAY INC DEL	1,237	$4.503M	2.0%	$3640.00	$2572.49	—	CL B	084670207
—	GENERAL ELECTRIC CO	124,320	$4.396M	1.9%	$35.36	$40.76	—	COM	369604103
PFE	PFIZER INC	139,310	$3.519M	1.5%	$25.26	$31.16	—	COM	717081103
MSFT	MICROSOFT CORP	113,765	$3.171M	1.4%	$27.87	$34.87	—	COM	594918104
CAH	CARDINAL HEALTH INC	43,400	$3.166M	1.4%	$72.95	$54.01	—	COM	14149Y108
DIS	DISNEY WALT CO	85,912	$2.958M	1.3%	$34.43	$23.95	—	COM DISNEY	254687106
HD	HOME DEPOT INC	79,901	$2.936M	1.3%	$36.74	$40.00	—	COM	437076102
—	MARATHON OIL CORP	28,650	$2.831M	1.2%	$98.83	$31.91	—	COM	565849106
CL	COLGATE PALMOLIVE CO	41,775	$2.79M	1.2%	$66.79	$46.95	—	COM	194162103
—	INGERSOLL-RAND COMPANY LTD	61,850	$2.682M	1.2%	$43.37	$44.18	—	CL A	G4776G101
AMAT	APPLIED MATLS INC	138,700	$2.541M	1.1%	$18.32	$23.49	—	COM	038222105
NWL	NEWELL BRANDS INC	77,600	$2.413M	1.0%	$31.09	$21.39	—	COM	651229106
JNJ	JOHNSON & JOHNSON	39,889	$2.404M	1.0%	$60.26	$57.03	—	COM	478160104
—	AMERICAN INTL GROUP INC	34,158	$2.296M	1.0%	$67.22	$67.99	—	COM	026874107
—	WINDSTREAM CORP	155,192	$2.28M	1.0%	$14.69	$13.19	—	COM	97381W104
PAYX	PAYCHEX INC	59,050	$2.236M	1.0%	$37.87	$32.08	—	COM	704326107
INTC	INTEL CORP	111,765	$2.138M	0.9%	$19.13	$41.32	—	COM	458140100
—	VARIAN MED SYS INC	44,575	$2.126M	0.9%	$47.69	$38.57	—	COM	92220P105
—	GANNETT INC	35,050	$1.973M	0.9%	$56.29	$68.16	—	COM	364730101
—	WASHINGTON MUT INC	47,975	$1.937M	0.8%	$40.38	$37.94	—	COM	939322103
CSCO	CISCO SYS INC	73,765	$1.883M	0.8%	$25.53	$26.93	—	COM	17275R102
WMT	WALMART INC	39,572	$1.858M	0.8%	$46.95	$47.69	—	COM	931142103
—	FIRST DATA CORP	62,175	$1.673M	0.7%	$26.90	$42.45	—	COM	319963104
—	MOTOROLA INC	92,713	$1.638M	0.7%	$17.67	$16.68	—	COM	620076109
—	MEDTRONIC INC	31,705	$1.555M	0.7%	$49.06	$52.45	—	COM	585055106
CLX	CLOROX CO DEL	24,125	$1.537M	0.7%	$63.69	$49.02	—	COM	189054109
CAG	CONAGRA BRANDS INC	60,968	$1.519M	0.7%	$24.91	$24.25	—	COM	205887102
WU	WESTERN UN CO	63,375	$1.391M	0.6%	$21.95	$22.42	—	COM	959802109
—	SAFECO CORP	20,800	$1.382M	0.6%	$66.43	$47.84	—	COM	786429100
—	EF JOHNSON TECHNOLOGIES INC	239,100	$1.277M	0.6%	$5.34	$6.82	—	COM	26843B101
WDFC	WD-40 CO	35,765	$1.134M	0.5%	$31.71	$28.47	—	COM	929236107
HON	HONEYWELL INTL INC	23,960	$1.104M	0.5%	$46.06	$32.70	—	COM	438516106
BSX	BOSTON SCIENTIFIC CORP	71,675	$1.042M	0.5%	$14.54	$23.62	—	COM	101137107
BDX	BECTON DICKINSON & CO	11,725	$902K	0.4%	$76.89	$45.11	—	COM	075887109
JPM	JPMORGAN CHASE & CO	18,525	$896K	0.4%	$48.38	$42.70	—	COM	46625H100
SLB	SCHLUMBERGER LTD	12,925	$893K	0.4%	$69.10	$56.37	—	COM	806857108
IBM	INTERNATIONAL BUSINESS MACHS	9,300	$877K	0.4%	$94.26	$87.14	—	COM	459200101
TXN	TEXAS INSTRS INC	28,944	$871K	0.4%	$30.10	$26.58	—	COM	882508104
TRN	TRINITY INDS INC	18,950	$794K	0.3%	$41.92	$28.25	—	COM	896522109
—	DU PONT E I DE NEMOURS & CO	12,140	$600K	0.3%	$49.43	$48.71	—	COM	263534109
ZION	ZIONS BANCORPORATION N A	6,993	$591K	0.3%	$84.52	$46.47	—	COM	989701107
TRV	TRAVELERS COMPANIES INC	10,300	$533K	0.2%	$51.77	$51.77	—	COM	89417E109
ORCL	ORACLE CORP	28,796	$522K	0.2%	$18.13	$28.79	—	COM	68389X105
—	DELL INC	22,147	$514K	0.2%	$23.21	$26.05	—	COM	24702R101
—	MERCK & CO INC	10,906	$482K	0.2%	$44.17	$64.43	—	COM	589331107
—	CA INC COM	18,450	$478K	0.2%	$25.91	$27.21	—	COM	12673P105
APD	AIR PRODS & CHEMS INC	6,400	$473K	0.2%	$73.96	$38.28	—	COM	009158106
COP	CONOCOPHILLIPS	6,783	$464K	0.2%	$68.35	$69.98	—	COM	20825C104
—	STEWART ENTERPRISES INC	60,212	$458K	0.2%	$7.61	$4.03	—	CL A	860370105
—	WALGREEN CO	9,304	$427K	0.2%	$45.89	$33.56	—	COM	931422109
BMY	BRISTOL-MYERS SQUIBB CO	14,582	$405K	0.2%	$27.76	$48.64	—	COM	110122108
—	HEWLETT PACKARD CO	9,834	$395K	0.2%	$40.14	$29.40	—	COM	428236103
PFG	PRINCIPAL FINL GROUP INC	6,524	$391K	0.2%	$59.87	$30.16	—	COM	74251V102
PSA	PUBLIC STORAGE	4,031	$382K	0.2%	$94.67	$85.99	—	COM	74460D109
—	PLUM CREEK TIMBER CO INC	9,311	$367K	0.2%	$39.42	$35.05	—	COM	729251108
KO	COCA COLA CO	7,483	$359K	0.2%	$48.00	$49.94	—	COM	191216100
IDA	IDACORP INC	10,250	$347K	0.2%	$33.84	$26.03	—	COM	451107106
—	ROYAL DUTCH SHELL PLC	4,984	$330K	0.1%	$66.30	$64.81	—	SPONS ADR A	780259206
LLY	LILLY ELI & CO	5,409	$291K	0.1%	$53.71	$53.32	—	COM	532457108
EQR	EQUITY RESIDENTIAL	5,464	$264K	0.1%	$48.23	$38.82	—	SH BEN INT	29476L107
—	SAFEWAY INC	7,150	$262K	0.1%	$36.64	$34.40	—	COM	786514208
BP	BP PLC	4,014	$260K	0.1%	$64.75	$68.74	—	SPONSORED ADR	055622104
RF	REGIONS FINANCIAL CORP NEW	7,091	$251K	0.1%	$35.37	$33.23	—	COM	7591EP100
—	MFS CHARTER INCOME TR	28,650	$245K	0.1%	$8.56	$8.62	—	SH BEN INT	552727109
T	AT&T INC	5,963	$235K	0.1%	$39.43	$39.43	—	COM	00206R102
—	KINDER MORGAN INC KANS	2,181	$232K	0.1%	$106.45	$91.99	—	COM	49455P101
UDR	UDR INC	7,300	$224K	0.1%	$30.62	$30.62	—	COM	902653104
VZ	VERIZON COMMUNICATIONS INC	5,651	$214K	0.1%	$37.92	$37.14	—	COM	92343V104
—	SCHERING PLOUGH CORP	8,325	$212K	0.1%	$25.51	$23.64	—	COM	806605101
—	MERRILL LYNCH & CO INC	2,500	$204K	0.1%	$81.67	$93.10	—	COM	590188108
PPG	PPG INDS INC	2,894	$203K	0.1%	$70.31	$70.31	—	COM	693506107
—	AMERICAN STRATEGIC INCOME II	13,270	$160K	0.1%	$12.02	$10.56	—	COM	03009T101
—	DREYFUS MUN INCOME INC COM	15,883	$153K	0.1%	$9.66	$7.56	—	COM	26201R102
—	VOLTERRA SEMICONDUCTOR CORP	10,168	$133K	0.1%	$13.06	$13.50	—	COM	928708106
—	WESTERN ASSET MGD HI INCM FD	18,300	$128K	0.1%	$6.99	$6.75	—	COM	95766L107
—	MORGAN STANLEY HIGH YIELD FD	17,600	$105K	0.0%	$5.95	$11.56	—	COM	61744M104
—	LEVEL 3 COMMUNICATIONS INC	10,440	$63,684	0.0%	$6.10	$59.63	—	COM	52729N100