PAYDEN & RYGEL Activity Q4 2010-Q2 2023

Q2 2023

			Value		Shares		↓ Weighting
XOM	New	EXXON MOBIL	$35,591	–	331,850	–	2.52%	–
AJG	New	ARTHUR J GALLAGHER & CO	$32,027	–	145,860	–	2.26%	–
UNH	New	UNITEDHEALTH GROUP	$29,718	–	61,830	–	2.10%	–
CMCSA	New	COMCAST-A	$29,250	–	703,970	–	2.07%	–
AMP	New	AMERIPRISE FINANCIAL	$29,121	–	87,670	–	2.06%	–
CB	New	CHUBB LTD	$29,013	–	150,670	–	2.05%	–
ETN	New	EATON	$28,234	–	140,400	–	2.00%	–
AVGO	New	BROADCOM INC	$28,113	–	32,410	–	1.99%	–
JPM	New	JPMORGAN CHASE	$27,820	–	191,280	–	1.97%	–
DOX	New	AMDOCS	$26,027	–	263,300	–	1.84%	–
MCD	New	MCDONALD'S	$24,649	–	82,600	–	1.74%	–
IVW	New	ISHARES S&P 500 GROWTH ETF	$23,765	–	337,184	–	1.68%	–
COST	New	COSTCO WHOLESALE	$23,199	–	43,090	–	1.64%	–
CVX	New	CHEVRON	$23,116	–	146,910	–	1.63%	–
ABT	New	ABBOTT LABORATORIES	$22,991	–	210,890	–	1.62%	–
MRK	New	MERCK & CO	$22,611	–	195,950	–	1.60%	–
PLD	New	PROLOGIS	$22,257	–	181,500	–	1.57%	–
DELL	New	DELL TECHNOLOGIES	$21,969	–	406,000	–	1.55%	–
MSFT	New	MICROSOFT	$20,953	–	61,530	–	1.48%	–
RTX	New	RAYTHEON TECH CORP	$20,854	–	212,880	–	1.47%	–
GIS	New	GENERAL MILLS	$20,853	–	271,880	–	1.47%	–
NEE	New	NEXTERA ENERGY	$20,420	–	275,200	–	1.44%	–
DOV	New	DOVER CORP	$20,329	–	137,680	–	1.44%	–
SBUX	New	STARBUCKS	$20,341	–	205,340	–	1.44%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$19,796	–	751,270	–	1.40%	–
FB	New	META PLATFORMS INC	$19,431	–	67,710	–	1.37%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS ETF	$19,128	–	43,152	–	1.35%	–
ZTS	New	ZOETIS	$18,270	–	106,090	–	1.29%	–
AAPL	New	APPLE	$18,262	–	94,150	–	1.29%	–
AMAT	New	APPLIED MATERIALS	$17,317	–	119,810	–	1.22%	–
ORCL	New	ORACLE	$17,240	–	144,760	–	1.22%	–
SPG	New	SIMON PROPERTY GROUP	$16,912	–	146,450	–	1.20%	–
V	New	VISA INC-CL A	$16,742	–	70,500	–	1.18%	–
EXC	New	EXELON	$16,728	–	410,610	–	1.18%	–
ABBV	New	ABBVIE	$16,537	–	122,740	–	1.17%	–
TXN	New	TEXAS INSTRUMENTS	$16,072	–	89,280	–	1.14%	–
CARR	New	CARRIER GLOBAL CORP	$15,941	–	320,670	–	1.13%	–
PG	New	PROCTER & GAMBLE	$15,839	–	104,380	–	1.12%	–
DUK	New	DUKE ENERGY	$15,820	–	176,290	–	1.12%	–
GOOGL	New	ALPHABET INC-CL A	$15,393	–	128,600	–	1.09%	–
RSG	New	REPUBLIC SERVICES-CL A	$15,283	–	99,780	–	1.08%	–
PEP	New	PEPSICO	$14,947	–	80,700	–	1.06%	–
DD	New	DUPONT DE NEMOURS INC	$14,824	–	207,500	–	1.05%	–
LLY	New	ELI LILLY & CO	$14,407	–	30,720	–	1.02%	–
VICI	New	VICI PROPERTIES	$14,274	–	454,150	–	1.01%	–
CME	New	CHICAGO MERCANTILE EXCHANGE	$14,008	–	75,600	–	0.99%	–
BLK	New	BLACKROCK	$13,975	–	20,220	–	0.99%	–
	New	GXO LOGISTICS	$13,871	–	220,800	–	0.98%	–
HON	New	HONEYWELL INTL	$13,782	–	66,420	–	0.97%	–
LMT	New	LOCKHEED MARTIN	$13,314	–	28,920	–	0.94%	–
JNJ	New	JOHNSON & JOHNSON	$13,242	–	80,000	–	0.94%	–
TMUS	New	T-MOBILE US INC	$13,232	–	95,260	–	0.94%	–
DIS	New	WALT DISNEY CO	$13,172	–	147,530	–	0.93%	–
AZO	New	AUTOZONE	$12,716	–	5,100	–	0.90%	–
AEP	New	AMERICAN ELECTRIC POWER	$12,664	–	150,400	–	0.90%	–
C	New	CITIGROUP	$12,474	–	270,940	–	0.88%	–
CAG	New	CONAGRA	$12,396	–	367,600	–	0.88%	–
IBM	New	INTL BUSINESS MACHINES	$12,333	–	92,170	–	0.87%	–
ADI	New	ANALOG DEVICES	$11,903	–	61,100	–	0.84%	–
SLB	New	SCHLUMBERGER	$11,818	–	240,600	–	0.84%	–
MS	New	MORGAN STANLEY	$11,752	–	137,610	–	0.83%	–
UPS	New	UNITED PARCEL SERVICE	$11,743	–	65,510	–	0.83%	–
KO	New	COCA-COLA	$11,301	–	187,660	–	0.80%	–
MDT	New	MEDTRONIC	$10,651	–	120,900	–	0.75%	–
APD	New	AIR PRODUCTS & CHEMICALS	$10,241	–	34,190	–	0.72%	–
FMC	New	FMC CORP	$10,231	–	98,050	–	0.72%	–
ET	New	ENERGY TRANSFER LP	$10,029	–	789,690	–	0.71%	–
ACM	New	AECOM	$9,951	–	117,500	–	0.70%	–
HD	New	HOME DEPOT	$9,030	–	29,070	–	0.64%	–
NUE	New	NUCOR	$8,932	–	54,470	–	0.63%	–
MPC	New	MARATHON PETROLEUM	$8,652	–	74,200	–	0.61%	–
DHI	New	DR HORTON	$8,263	–	67,900	–	0.58%	–
DHR	New	DANAHER	$7,987	–	33,280	–	0.56%	–
CRM	New	SALESFORCE.COM	$7,563	–	35,800	–	0.53%	–
IGSB	New	ISHARES I-05Y INV GRADE CORP ETF	$7,533	–	150,151	–	0.53%	–
PSX	New	PHILLIPS 66	$7,258	–	76,100	–	0.51%	–
BC	New	BRUNSWICK CORP	$7,191	–	83,000	–	0.51%	–
AMT	New	AMERICAN TOWER	$7,176	–	37,000	–	0.51%	–
MDLZ	New	MONDELEZ INTL	$7,022	–	96,270	–	0.50%	–
CVS	New	CVS HEALTH CORP	$7,010	–	101,400	–	0.50%	–
TLH	New	ISHARES 10-20 YEAR TREASURY ETF	$6,961	–	62,837	–	0.49%	–
NXST	New	NEXTSTAR MEDIA GROUP INC-CLASS A	$6,929	–	41,600	–	0.49%	–
GPK	New	GRAPHIC PACKAGING HOLDING	$6,875	–	286,100	–	0.49%	–
VTR	New	VENTAS	$6,816	–	144,200	–	0.48%	–
	New	LINDE PLC	$6,669	–	17,500	–	0.47%	–
TSCO	New	TRACTOR SUPPLY COMPANY	$6,279	–	28,400	–	0.44%	–
VXUS	New	VANGUARD TOTAL INTL STOCK	$5,773	–	102,945	–	0.41%	–
	New	CRESCENT	$5,019	–	409,061	–	0.36%	–
QQQM	New	INVESCO NASDAQ 100 ETF	$3,701	–	24,350	–	0.26%	–
IJH	New	ISHARES S&P MIDCAP 400 ETF	$3,443	–	13,168	–	0.24%	–
AMZN	New	AMAZON.COM	$2,825	–	21,670	–	0.20%	–
FDX	New	FEDEX	$2,157	–	8,700	–	0.15%	–
SUSB	New	ISHARES ESG 1-5 YEAR ETF	$1,981	–	82,849	–	0.14%	–
TMO	New	THERMO FISHER SCIENTIFIC	$1,826	–	3,500	–	0.13%	–
WMB	New	WILLIAMS COS	$1,800	–	55,160	–	0.13%	–
WM	New	WASTE MANAGEMENT	$1,786	–	10,300	–	0.13%	–
NFLX	New	NETFLIX	$1,590	–	3,610	–	0.11%	–
WMT	New	WAL-MART STORES	$1,478	–	9,400	–	0.10%	–
QCOM	New	QUALCOMM	$1,357	–	11,400	–	0.10%	–
CMI	New	CUMMINS INC	$1,275	–	5,200	–	0.09%	–
CSCO	New	CISCO SYSTEMS	$1,087	–	21,010	–	0.08%	–
COP	New	CONOCOPHILLIPS	$953	–	9,200	–	0.07%	–
DE	New	DEERE & CO	$932	–	2,300	–	0.07%	–
NVDA	New	NVIDIA	$846	–	2,000	–	0.06%	–
GLW	New	CORNING	$729	–	20,800	–	0.05%	–
VZ	New	VERIZON COMMUNICATIONS	$710	–	19,090	–	0.05%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$698	–	7,600	–	0.05%	–
SUSC	New	ISHARES ESG AWARE USD CORPOR	$698	–	30,697	–	0.05%	–
PPG	New	PPG INDUSTRIES	$593	–	4,000	–	0.04%	–
T	New	AT&T	$474	–	29,700	–	0.03%	–
MCHP	New	MICROCHIP TECHNOLOGY	$430	–	4,800	–	0.03%	–
GS	New	GOLDMAN SACHS GROUP	$406	–	1,260	–	0.03%	–
ALB	New	ALBEMARLE CORP	$312	–	1,400	–	0.02%	–
EQT	New	EQT CORP	$268	–	6,520	–	0.02%	–
BMY	New	BRISTOL-MYERS SQUIBB	$243	–	3,800	–	0.02%	–
MA	New	MASTERCARD	$220	–	560	–	0.02%	–
PSA	New	PUBLIC STORAGE	$222	–	760	–	0.02%	–
PFE	New	PFIZER	$208	–	5,680	–	0.02%	–
GILD	New	GILEAD SCIENCES	$207	–	2,680	–	0.02%	–
CCI	New	CROWN CASTLE INC	$217	–	1,900	–	0.02%	–
BAC	New	BANK OF AMERICA	$218	–	7,600	–	0.02%	–
GNMA	New	ISHARES GNMA BOND ETF	$200	–	4,553	–	0.01%	–
DVN	New	DEVON ENERGY	$169	–	3,500	–	0.01%	–
PBR	New	PETROLEO BRASILEIRO SA	$141	–	10,210	–	0.01%	–
CRK	New	COMSTOCK RESOURCES	$123	–	10,620	–	0.01%	–
OVV	New	OVINTIV INC	$114	–	3,000	–	0.01%	–
AR	New	ANTERO RESOURCES CORP	$90	–	3,910	–	0.01%	–
SCHM	New	SCHWAB US MID CAP ETF	$80	–	1,130	–	0.01%	–
SWN	New	SOUTHWESTERN ENERGY COMPANY	$59	–	9,850	–	0.00%	–
TELL	New	TELLURIAN INC	$56	–	40,000	–	0.00%	–
ARCC	New	ARES CAPITAL	$22	–	1,160	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
VICI	Exit	VICI PROPERTIES	$0	–	-550	–	-0.00%	–
EMN	Exit	EASTMAN CHEMICAL	$0	–	-190	–	-0.00%	–
SCHM	Exit	SCHWAB US MID CAP ETF	$0	–	-1,130	–	-0.00%	–
TELL	Exit	TELLURIAN INC	$0	–	-40,000	–	-0.01%	–
PBR	Exit	PETROLEO BRASILEIRO SA	$0	–	-10,210	–	-0.01%	–
VNQ	Exit	VANGUARD REIT ETF	$0	–	-1,480	–	-0.01%	–
MDT	Exit	MEDTRONIC	$0	–	-1,500	–	-0.01%	–
CNQ	Exit	CANADIAN NATURAL RESOURCES	$0	–	-3,000	–	-0.01%	–
OVV	Exit	OVINTIV INC	$0	–	-3,000	–	-0.01%	–
TFC	Exit	TRUIST FINANCIAL CORPORATION	$0	–	-3,600	–	-0.01%	–
CAT	Exit	CATERPILLAR	$0	–	-1,000	–	-0.01%	–
CCI	Exit	CROWN CASTLE INC	$0	–	-1,200	–	-0.01%	–
AMT	Exit	AMERICAN TOWER	$0	–	-800	–	-0.01%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-2,100	–	-0.01%	–
GNMA	Exit	ISHARES GNMA BOND ETF	$0	–	-4,553	–	-0.01%	–
C	Exit	CITIGROUP	$0	–	-4,700	–	-0.01%	–
AEE	Exit	AMEREN	$0	–	-2,500	–	-0.01%	–
AR	Exit	ANTERO RESOURCES CORP	$0	–	-6,910	–	-0.01%	–
RRC	Exit	RANGE RESOURCES CORP	$0	–	-8,920	–	-0.01%	–
HON	Exit	HONEYWELL INTL	$0	–	-1,300	–	-0.01%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-4,800	–	-0.01%	–
AMGN	Exit	AMGEN	$0	–	-1,100	–	-0.02%	–
AAP	Exit	ADVANCE AUTO PARTS	$0	–	-1,600	–	-0.02%	–
CRK	Exit	COMSTOCK RESOURCES	$0	–	-15,620	–	-0.02%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-740	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-4,800	–	-0.02%	–
DOV	Exit	DOVER CORP	$0	–	-2,680	–	-0.02%	–
XOM	Exit	EXXON MOBIL	$0	–	-3,850	–	-0.02%	–
FB	Exit	META PLATFORMS INC	$0	–	-2,800	–	-0.02%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-1,400	–	-0.02%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-4,110	–	-0.02%	–
NVDA	Exit	NVIDIA	$0	–	-3,500	–	-0.02%	–
	Exit	TOURMALINE OIL	$0	–	-9,500	–	-0.03%	–
NFLX	Exit	NETFLIX	$0	–	-2,100	–	-0.03%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-11,400	–	-0.04%	–
DE	Exit	DEERE & CO	$0	–	-2,300	–	-0.04%	–
PNC	Exit	PNC FINANCIAL	$0	–	-5,500	–	-0.05%	–
KIM	Exit	KIMCO REALTY	$0	–	-45,600	–	-0.05%	–
OC	Exit	OWENS CORNING	$0	–	-10,600	–	-0.05%	–
SUSC	Exit	ISHARES ESG AWARE USD CORPOR	$0	–	-39,697	–	-0.05%	–
MRO	Exit	MARATHON OIL	$0	–	-41,000	–	-0.05%	–
WMT	Exit	WAL-MART STORES	$0	–	-7,400	–	-0.06%	–
CMI	Exit	CUMMINS INC	$0	–	-5,200	–	-0.06%	–
TD	Exit	TORONTO-DOMINION BANK	$0	–	-17,500	–	-0.06%	–
GOOGL	Exit	ALPHABET INC-CL A	$0	–	-12,000	–	-0.07%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-2,420	–	-0.07%	–
AMZN	Exit	AMAZON.COM	$0	–	-11,300	–	-0.08%	–
KBE	Exit	SPDR S&P BANK ETF	$0	–	-30,800	–	-0.08%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-18,800	–	-0.11%	–
MA	Exit	MASTERCARD	$0	–	-7,560	–	-0.13%	–
FDX	Exit	FEDEX	$0	–	-15,450	–	-0.13%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-14,700	–	-0.14%	–
SWN	Exit	SOUTHWESTERN ENERGY COMPANY	$0	–	-400,550	–	-0.14%	–
WH	Exit	WYNDHAM HOTELS & RESORT INC	$0	–	-41,170	–	-0.15%	–
SUSB	Exit	ISHARES ESG 1-5 YEAR ETF	$0	–	-110,549	–	-0.15%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-5,500	–	-0.16%	–
IJH	Exit	ISHARES S&P MIDCAP 400 ETF	$0	–	-12,950	–	-0.17%	–
ORCL	Exit	ORACLE	$0	–	-46,700	–	-0.17%	–
WFC	Exit	WELLS FARGO	$0	–	-73,800	–	-0.17%	–
ETN	Exit	EATON	$0	–	-26,900	–	-0.21%	–
V	Exit	VISA INC-CL A	$0	–	-21,600	–	-0.22%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-53,820	–	-0.24%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-108,150	–	-0.24%	–
TLH	Exit	ISHARES 10-20 YEAR TREASURY ETF	$0	–	-47,886	–	-0.30%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-162,610	–	-0.38%	–
BAC	Exit	BANK OF AMERICA	$0	–	-270,790	–	-0.48%	–
IGSB	Exit	ISHARES I-05Y INV GRADE CORP ETF	$0	–	-181,566	–	-0.52%	–
ARES	Exit	ARES MANAGEMENT CORP-A	$0	–	-144,600	–	-0.52%	–
CMCSA	Exit	COMCAST-A	$0	–	-364,000	–	-0.62%	–
CFG	Exit	CITIZENS FINANCIAL GROUP	$0	–	-327,260	–	-0.66%	–
ARE	Exit	ALEXANDRIA REAL ESTATE EQUITIES	$0	–	-95,200	–	-0.78%	–
DIS	Exit	WALT DISNEY CO	$0	–	-143,000	–	-0.79%	–
DVN	Exit	DEVON ENERGY	$0	–	-229,710	–	-0.81%	–
UNP	Exit	UNION PACIFIC	$0	–	-71,240	–	-0.81%	–
T	Exit	AT&T	$0	–	-920,400	–	-0.83%	–
IVW	Exit	ISHARES S&P 500 GROWTH ETF	$0	–	-244,793	–	-0.83%	–
MS	Exit	MORGAN STANLEY	$0	–	-180,100	–	-0.83%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-194,480	–	-0.83%	–
SPG	Exit	SIMON PROPERTY GROUP	$0	–	-162,150	–	-0.85%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-95,850	–	-0.87%	–
ARCC	Exit	ARES CAPITAL	$0	–	-884,840	–	-0.87%	–
ADI	Exit	ANALOG DEVICES	$0	–	-109,000	–	-0.89%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-282,760	–	-0.91%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-123,400	–	-0.91%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-53,460	–	-0.92%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-54,300	–	-0.93%	–
JCI	Exit	JOHNSON CONTROLS INTERNATIONAL	$0	–	-327,100	–	-0.94%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-138,760	–	-0.96%	–
HD	Exit	HOME DEPOT	$0	–	-63,470	–	-1.02%	–
QCOM	Exit	QUALCOMM	$0	–	-161,280	–	-1.07%	–
AMP	Exit	AMERIPRISE FINANCIAL	$0	–	-75,800	–	-1.12%	–
ADM	Exit	ARCHER DANIELS	$0	–	-239,100	–	-1.12%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-118,000	–	-1.13%	–
GIS	Exit	GENERAL MILLS	$0	–	-254,400	–	-1.14%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-201,530	–	-1.14%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-822,370	–	-1.14%	–
ENB	Exit	ENBRIDGE	$0	–	-527,900	–	-1.15%	–
AVGO	Exit	BROADCOM INC	$0	–	-45,390	–	-1.18%	–
RTX	Exit	RAYTHEON TECH CORP	$0	–	-251,780	–	-1.21%	–
CF	Exit	CF INDUSTRIES HOLDINGS	$0	–	-217,300	–	-1.22%	–
TGT	Exit	TARGET	$0	–	-141,300	–	-1.23%	–
CHK	Exit	CHESAPEAKE ENERGY CORP	$0	–	-222,900	–	-1.23%	–
AAPL	Exit	APPLE	$0	–	-154,860	–	-1.25%	–
WMB	Exit	WILLIAMS COS	$0	–	-787,870	–	-1.32%	–
DOX	Exit	AMDOCS	$0	–	-288,800	–	-1.34%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-146,300	–	-1.38%	–
EQT	Exit	EQT CORP	$0	–	-580,620	–	-1.38%	–
LQD	Exit	ISHARES IBOXX INVESTMENT ETF	$0	–	-233,400	–	-1.40%	–
AVB	Exit	AVALONBAY COMMUNITIES	$0	–	-134,000	–	-1.44%	–
CVX	Exit	CHEVRON	$0	–	-176,300	–	-1.48%	–
MCD	Exit	MCDONALD'S	$0	–	-114,420	–	-1.54%	–
PAYX	Exit	PAYCHEX	$0	–	-239,230	–	-1.57%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS ETF	$0	–	-75,427	–	-1.58%	–
PEP	Exit	PEPSICO	$0	–	-168,700	–	-1.61%	–
D	Exit	DOMINION RESOURCES	$0	–	-411,300	–	-1.66%	–
DUK	Exit	DUKE ENERGY	$0	–	-306,090	–	-1.66%	–
PLD	Exit	PROLOGIS	$0	–	-281,300	–	-1.67%	–
RSG	Exit	REPUBLIC SERVICES-CL A	$0	–	-212,420	–	-1.69%	–
MET	Exit	METLIFE	$0	–	-484,640	–	-1.72%	–
EXC	Exit	EXELON	$0	–	-789,900	–	-1.73%	–
MSFT	Exit	MICROSOFT	$0	–	-129,230	–	-1.76%	–
ANTM	Exit	ELEVANCE HEALTH INC	$0	–	-66,400	–	-1.76%	–
CB	Exit	CHUBB LTD	$0	–	-173,170	–	-1.84%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-447,260	–	-1.86%	–
KO	Exit	COCA-COLA	$0	–	-573,220	–	-1.88%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-312,560	–	-1.91%	–
PSX	Exit	PHILLIPS 66	$0	–	-411,900	–	-1.94%	–
ABBV	Exit	ABBVIE	$0	–	-251,070	–	-1.97%	–
MRK	Exit	MERCK & CO	$0	–	-404,210	–	-2.04%	–
AJG	Exit	ARTHUR J GALLAGHER & CO	$0	–	-211,800	–	-2.12%	–
PFE	Exit	PFIZER	$0	–	-853,490	–	-2.18%	–
GD	Exit	GENERAL DYNAMICS	$0	–	-178,830	–	-2.22%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-490,300	–	-2.25%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-407,200	–	-2.27%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-94,110	–	-2.78%	–
LLY	Exit	ELI LILLY & CO	$0	–	-149,100	–	-2.82%	–

Q3 2022

			Value		Shares		↓ Weighting
LLY	Sell	ELI LILLY & CO	$48,211,000	-2.6%	149,100	-2.4%	2.82%	-5.2%
UNH	Buy	UNITEDHEALTH GROUP	$47,529,000	+0.9%	94,110	+2.6%	2.78%	-1.8%
CVS	Buy	CVS HEALTH CORP	$38,835,000	+5.2%	407,200	+2.2%	2.27%	+2.4%
NEE	Buy	NEXTERA ENERGY	$38,444,000	+2.6%	490,300	+1.3%	2.25%	-0.1%
GD	Buy	GENERAL DYNAMICS	$37,942,000	-0.5%	178,830	+3.7%	2.22%	-3.2%
PFE	Buy	PFIZER	$37,349,000	-14.5%	853,490	+2.5%	2.18%	-16.7%
AJG	Buy	ARTHUR J GALLAGHER & CO	$36,264,000	+7.5%	211,800	+2.4%	2.12%	+4.7%
MRK	Buy	MERCK & CO	$34,811,000	+103.7%	404,210	+115.7%	2.04%	+98.4%
ABBV	Buy	ABBVIE	$33,696,000	-10.8%	251,070	+1.8%	1.97%	-13.1%
PSX	Buy	PHILLIPS 66	$33,249,000	-0.8%	411,900	+0.8%	1.94%	-3.4%
JPM	Buy	JPMORGAN CHASE	$32,663,000	+26.7%	312,560	+36.6%	1.91%	+23.4%
KO	Buy	COCA-COLA	$32,112,000	-9.0%	573,220	+2.2%	1.88%	-11.4%
BMY	Buy	BRISTOL-MYERS SQUIBB	$31,796,000	+11.8%	447,260	+21.1%	1.86%	+8.8%
CB	Buy	CHUBB LTD	$31,496,000	+12.7%	173,170	+21.8%	1.84%	+9.7%
ANTM	Buy	ELEVANCE HEALTH INC	$30,162,000	+59.4%	66,400	+69.4%	1.76%	+55.3%
MSFT	Buy	MICROSOFT	$30,098,000	+35.6%	129,230	+49.5%	1.76%	+31.9%
EXC	Buy	EXELON	$29,590,000	-15.9%	789,900	+1.7%	1.73%	-18.1%
MET	Buy	METLIFE	$29,456,000	-1.3%	484,640	+2.0%	1.72%	-3.9%
RSG	Buy	REPUBLIC SERVICES-CL A	$28,898,000	+6.6%	212,420	+2.5%	1.69%	+3.7%
PLD	Buy	PROLOGIS	$28,580,000	+22.9%	281,300	+42.3%	1.67%	+19.7%
DUK	Buy	DUKE ENERGY	$28,472,000	+29.7%	306,090	+49.5%	1.66%	+26.2%
D	Buy	DOMINION RESOURCES	$28,425,000	+49.0%	411,300	+72.0%	1.66%	+45.1%
PEP	Buy	PEPSICO	$27,542,000	+22.2%	168,700	+24.8%	1.61%	+19.0%
SPY	Sell	S&P 500 DEPOSITARY RECEIPTS ETF	$26,941,000	-20.1%	75,427	-15.6%	1.58%	-22.2%
PAYX	Buy	PAYCHEX	$26,844,000	+0.3%	239,230	+1.8%	1.57%	-2.4%
MCD	Buy	MCDONALD'S	$26,401,000	+24.6%	114,420	+33.3%	1.54%	+21.3%
CVX	Buy	CHEVRON	$25,329,000	+1.3%	176,300	+2.1%	1.48%	-1.3%
AVB	Buy	AVALONBAY COMMUNITIES	$24,681,000	-1.4%	134,000	+4.0%	1.44%	-3.9%
LQD	Buy	ISHARES IBOXX INVESTMENT ETF	$23,912,000	+7146.1%	233,400	+7680.0%	1.40%	+6895.0%
EQT	Sell	EQT CORP	$23,660,000	+18.2%	580,620	-0.3%	1.38%	+15.0%
UPS	Buy	UNITED PARCEL SERVICE	$23,633,000	-11.1%	146,300	+0.5%	1.38%	-13.5%
DOX	Buy	AMDOCS	$22,945,000	+61.3%	288,800	+69.2%	1.34%	+57.1%
WMB	Buy	WILLIAMS COS	$22,557,000	-6.8%	787,870	+1.6%	1.32%	-9.3%
AAPL	Buy	APPLE	$21,402,000	+6.5%	154,860	+5.4%	1.25%	+3.7%
CHK	Sell	CHESAPEAKE ENERGY CORP	$20,999,000	-18.7%	222,900	-30.0%	1.23%	-20.8%
TGT	Buy	TARGET	$20,968,000	+574.9%	141,300	+542.3%	1.23%	+555.6%
CF	Buy	CF INDUSTRIES HOLDINGS	$20,915,000	+13.9%	217,300	+1.4%	1.22%	+10.9%
RTX	Buy	RAYTHEON TECH CORP	$20,611,000	-10.9%	251,780	+4.6%	1.21%	-13.2%
AVGO	Sell	BROADCOM INC	$20,154,000	-47.1%	45,390	-42.2%	1.18%	-48.5%
ENB	Buy	ENBRIDGE	$19,585,000	-10.1%	527,900	+2.4%	1.15%	-12.5%
EPD	Buy	ENTERPRISE PRODUCTS PARTNERS	$19,556,000	+0.3%	822,370	+2.7%	1.14%	-2.4%
ABT	Buy	ABBOTT LABORATORIES	$19,500,000	-6.8%	201,530	+4.6%	1.14%	-9.2%
GIS	Buy	GENERAL MILLS	$19,490,000	+217.7%	254,400	+212.9%	1.14%	+209.8%
JNJ	Buy	JOHNSON & JOHNSON	$19,276,000	-5.7%	118,000	+2.4%	1.13%	-8.2%
ADM	Buy	ARCHER DANIELS	$19,236,000	+5.9%	239,100	+2.2%	1.12%	+3.1%
AMP	Buy	AMERIPRISE FINANCIAL	$19,098,000	+8.4%	75,800	+2.3%	1.12%	+5.6%
QCOM	Sell	QUALCOMM	$18,221,000	-33.3%	161,280	-24.6%	1.07%	-35.1%
HD	Buy	HOME DEPOT	$17,514,000	+407.9%	63,470	+404.9%	1.02%	+394.7%
IBM	Buy	INTL BUSINESS MACHINES	$16,486,000	-15.5%	138,760	+0.4%	0.96%	-17.8%
JCI	New	JOHNSON CONTROLS INTERNATIONAL	$16,100,000	–	327,100	–	0.94%	–
PSA	Buy	PUBLIC STORAGE	$15,900,000	+7160.3%	54,300	+7657.1%	0.93%	+7053.8%
GS	Buy	GOLDMAN SACHS GROUP	$15,666,000	+2.5%	53,460	+3.9%	0.92%	-0.2%
PG	Buy	PROCTER & GAMBLE	$15,579,000	-9.0%	123,400	+3.6%	0.91%	-11.5%
MDLZ	Sell	MONDELEZ INTL	$15,504,000	-14.7%	282,760	-3.4%	0.91%	-16.9%
ADI	Buy	ANALOG DEVICES	$15,188,000	-0.1%	109,000	+4.7%	0.89%	-2.8%
TXN	Buy	TEXAS INSTRUMENTS	$14,836,000	+9.2%	95,850	+8.4%	0.87%	+6.4%
SPG	Buy	SIMON PROPERTY GROUP	$14,553,000	+939.5%	162,150	+999.3%	0.85%	+913.1%
EMR	Sell	EMERSON ELECTRIC	$14,240,000	-33.3%	194,480	-27.5%	0.83%	-35.0%
MS	Buy	MORGAN STANLEY	$14,230,000	+8.9%	180,100	+4.8%	0.83%	+6.0%
IVW	Buy	ISHARES S&P 500 GROWTH ETF	$14,161,000	-4.1%	244,793	+0.0%	0.83%	-6.7%
T	Buy	AT&T	$14,119,000	-21.1%	920,400	+7.9%	0.83%	-23.1%
UNP	Buy	UNION PACIFIC	$13,879,000	-5.6%	71,240	+3.4%	0.81%	-8.0%
DVN	Buy	DEVON ENERGY	$13,812,000	+12.1%	229,710	+2.7%	0.81%	+9.2%
DIS	New	WALT DISNEY CO	$13,489,000	–	143,000	–	0.79%	–
ARE	Buy	ALEXANDRIA REAL ESTATE EQUITIES	$13,346,000	+1080.0%	95,200	+1120.5%	0.78%	+1048.5%
CFG	Buy	CITIZENS FINANCIAL GROUP	$11,245,000	-1.5%	327,260	+2.3%	0.66%	-4.1%
CMCSA	Buy	COMCAST-A	$10,676,000	+4935.8%	364,000	+6640.7%	0.62%	+4700.0%
ARES	Buy	ARES MANAGEMENT CORP-A	$8,958,000	+12.6%	144,600	+3.4%	0.52%	+9.6%
IGSB	Buy	ISHARES I-05Y INV GRADE CORP ETF	$8,948,000	+5.4%	181,566	+8.1%	0.52%	+2.5%
BAC	Sell	BANK OF AMERICA	$8,178,000	-36.1%	270,790	-34.2%	0.48%	-37.8%
CSCO	Sell	CISCO SYSTEMS	$6,504,000	-75.5%	162,610	-73.9%	0.38%	-76.1%
VZ	Sell	VERIZON COMMUNICATIONS	$4,106,000	-88.7%	108,150	-84.9%	0.24%	-89.0%
LYB	Sell	LYONDELLBASELL INDUSTRIES-CL A	$4,052,000	-77.0%	53,820	-73.3%	0.24%	-77.6%
V	Buy	VISA INC-CL A	$3,837,000	+15.3%	21,600	+27.8%	0.22%	+12.0%
ETN	Buy	EATON	$3,587,000	+17.1%	26,900	+10.7%	0.21%	+14.1%
WFC	Sell	WELLS FARGO	$2,968,000	-69.2%	73,800	-70.0%	0.17%	-70.0%
ORCL	Buy	ORACLE	$2,852,000	+67.3%	46,700	+91.4%	0.17%	+63.7%
IJH	Buy	ISHARES S&P MIDCAP 400 ETF	$2,839,000	-2.7%	12,950	+0.4%	0.17%	-5.1%
TMO	Buy	THERMO FISHER SCIENTIFIC	$2,790,000	+46.8%	5,500	+57.1%	0.16%	+43.0%
WH	Sell	WYNDHAM HOTELS & RESORT INC	$2,526,000	-85.9%	41,170	-84.8%	0.15%	-86.2%
SWN	New	SOUTHWESTERN ENERGY COMPANY	$2,451,000	–	400,550	–	0.14%	–
FDX	Buy	FEDEX	$2,294,000	-22.5%	15,450	+18.4%	0.13%	-24.7%
MA	Buy	MASTERCARD	$2,150,000	+32.1%	7,560	+46.5%	0.13%	+28.6%
GOOGL	Buy	ALPHABET INC-CL A	$1,148,000	-12.2%	12,000	+1900.0%	0.07%	-15.2%
MRO	New	MARATHON OIL	$926,000	–	41,000	–	0.05%	–
PNC	Sell	PNC FINANCIAL	$822,000	-89.6%	5,500	-89.0%	0.05%	-89.9%
DLR	Sell	DIGITAL REALTY REIT	$408,000	-97.3%	4,110	-96.4%	0.02%	-97.3%
MDT	Sell	MEDTRONIC	$121,000	-97.1%	1,500	-96.8%	0.01%	-97.2%
VNQ	New	VANGUARD REIT ETF	$119,000	–	1,480	–	0.01%	–
SCHM	Sell	SCHWAB US MID CAP ETF	$68,000	-44.7%	1,130	-42.4%	0.00%	-42.9%
EMN	Sell	EASTMAN CHEMICAL	$14,000	-89.8%	190	-87.6%	0.00%	-87.5%
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-1,200	–	-0.01%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-1,200	–	-0.01%	–
PBF	Exit	PBF ENERGY INC-CLASS A	$0	–	-34,000	–	-0.06%	–
CDEV	Exit	CENTENNIAL RESOURCE DEV-A	$0	–	-170,000	–	-0.06%	–
MUR	Exit	MURPHY OIL	$0	–	-35,000	–	-0.06%	–
BXP	Exit	BOSTON PROPERTIES INC	$0	–	-26,200	–	-0.14%	–
SUI	Exit	SUN COMMUNITIES	$0	–	-52,500	–	-0.50%	–

Q2 2022

			Value		Shares		↓ Weighting
LLY	New	ELI LILLY & CO	$49,510,000	–	152,700	–	2.97%	–
UNH	New	UNITEDHEALTH GROUP	$47,105,000	–	91,710	–	2.83%	–
PFE	New	PFIZER	$43,658,000	–	832,690	–	2.62%	–
GD	New	GENERAL DYNAMICS	$38,150,000	–	172,430	–	2.29%	–
AVGO	New	BROADCOM INC	$38,131,000	–	78,490	–	2.29%	–
ABBV	New	ABBVIE	$37,765,000	–	246,570	–	2.27%	–
NEE	New	NEXTERA ENERGY	$37,475,000	–	483,800	–	2.25%	–
CVS	New	CVS HEALTH CORP	$36,925,000	–	398,500	–	2.22%	–
VZ	New	VERIZON COMMUNICATIONS	$36,416,000	–	717,550	–	2.19%	–
KO	New	COCA-COLA	$35,269,000	–	560,620	–	2.12%	–
EXC	New	EXELON	$35,191,000	–	776,500	–	2.11%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS ETF	$33,720,000	–	89,384	–	2.03%	–
AJG	New	ARTHUR J GALLAGHER & CO	$33,733,000	–	206,900	–	2.03%	–
PSX	New	PHILLIPS 66	$33,501,000	–	408,600	–	2.01%	–
MET	New	METLIFE	$29,834,000	–	475,140	–	1.79%	–
BMY	New	BRISTOL-MYERS SQUIBB	$28,448,000	–	369,460	–	1.71%	–
CB	New	CHUBB LTD	$27,948,000	–	142,170	–	1.68%	–
QCOM	New	QUALCOMM	$27,334,000	–	213,980	–	1.64%	–
RSG	New	REPUBLIC SERVICES-CL A	$27,119,000	–	207,220	–	1.63%	–
PAYX	New	PAYCHEX	$26,763,000	–	235,030	–	1.61%	–
UPS	New	UNITED PARCEL SERVICE	$26,578,000	–	145,600	–	1.60%	–
CSCO	New	CISCO SYSTEMS	$26,518,000	–	621,910	–	1.59%	–
CHK	New	CHESAPEAKE ENERGY CORP	$25,822,000	–	318,400	–	1.55%	–
JPM	New	JPMORGAN CHASE	$25,772,000	–	228,860	–	1.55%	–
AVB	New	AVALONBAY COMMUNITIES	$25,019,000	–	128,800	–	1.50%	–
CVX	New	CHEVRON	$25,004,000	–	172,700	–	1.50%	–
WMB	New	WILLIAMS COS	$24,209,000	–	775,670	–	1.45%	–
PLD	New	PROLOGIS	$23,259,000	–	197,700	–	1.40%	–
RTX	New	RAYTHEON TECH CORP	$23,132,000	–	240,680	–	1.39%	–
PEP	New	PEPSICO	$22,532,000	–	135,200	–	1.35%	–
MSFT	New	MICROSOFT	$22,198,000	–	86,430	–	1.33%	–
DUK	New	DUKE ENERGY	$21,956,000	–	204,790	–	1.32%	–
ENB	New	ENBRIDGE	$21,793,000	–	515,700	–	1.31%	–
EMR	New	EMERSON ELECTRIC	$21,339,000	–	268,280	–	1.28%	–
MCD	New	MCDONALD'S	$21,187,000	–	85,820	–	1.27%	–
ABT	New	ABBOTT LABORATORIES	$20,929,000	–	192,630	–	1.26%	–
JNJ	New	JOHNSON & JOHNSON	$20,449,000	–	115,200	–	1.23%	–
AAPL	New	APPLE	$20,092,000	–	146,960	–	1.21%	–
EQT	New	EQT CORP	$20,025,000	–	582,120	–	1.20%	–
IBM	New	INTL BUSINESS MACHINES	$19,521,000	–	138,260	–	1.17%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$19,507,000	–	800,470	–	1.17%	–
D	New	DOMINION RESOURCES	$19,083,000	–	239,100	–	1.15%	–
ANTM	New	ELEVANCE HEALTH INC	$18,917,000	–	39,200	–	1.14%	–
CF	New	CF INDUSTRIES HOLDINGS	$18,363,000	–	214,200	–	1.10%	–
MDLZ	New	MONDELEZ INTL	$18,178,000	–	292,770	–	1.09%	–
ADM	New	ARCHER DANIELS	$18,158,000	–	234,000	–	1.09%	–
T	New	AT&T	$17,885,000	–	853,300	–	1.07%	–
WH	New	WYNDHAM HOTELS & RESORT INC	$17,854,000	–	271,670	–	1.07%	–
AMP	New	AMERIPRISE FINANCIAL	$17,612,000	–	74,100	–	1.06%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$17,599,000	–	201,220	–	1.06%	–
PG	New	PROCTER & GAMBLE	$17,125,000	–	119,100	–	1.03%	–
MRK	New	MERCK & CO	$17,086,000	–	187,410	–	1.03%	–
ARCC	New	ARES CAPITAL	$15,865,000	–	884,840	–	0.95%	–
GS	New	GOLDMAN SACHS GROUP	$15,285,000	–	51,460	–	0.92%	–
ADI	New	ANALOG DEVICES	$15,208,000	–	104,100	–	0.91%	–
DLR	New	DIGITAL REALTY REIT	$15,010,000	–	115,610	–	0.90%	–
IVW	New	ISHARES S&P 500 GROWTH ETF	$14,772,000	–	244,768	–	0.89%	–
UNP	New	UNION PACIFIC	$14,701,000	–	68,930	–	0.88%	–
DOX	New	AMDOCS	$14,221,000	–	170,700	–	0.85%	–
TXN	New	TEXAS INSTRUMENTS	$13,590,000	–	88,450	–	0.82%	–
MS	New	MORGAN STANLEY	$13,067,000	–	171,800	–	0.78%	–
BAC	New	BANK OF AMERICA	$12,807,000	–	411,390	–	0.77%	–
DVN	New	DEVON ENERGY	$12,323,000	–	223,610	–	0.74%	–
CFG	New	CITIZENS FINANCIAL GROUP	$11,419,000	–	319,960	–	0.69%	–
WFC	New	WELLS FARGO	$9,651,000	–	246,400	–	0.58%	–
IGSB	New	ISHARES I-05Y INV GRADE CORP ETF	$8,490,000	–	167,947	–	0.51%	–
SUI	New	SUN COMMUNITIES	$8,366,000	–	52,500	–	0.50%	–
ARES	New	ARES MANAGEMENT CORP-A	$7,955,000	–	139,900	–	0.48%	–
PNC	New	PNC FINANCIAL	$7,904,000	–	50,100	–	0.48%	–
GIS	New	GENERAL MILLS	$6,134,000	–	81,300	–	0.37%	–
TLH	New	ISHARES 10-20 YEAR TREASURY ETF	$5,754,000	–	47,886	–	0.35%	–
MDT	New	MEDTRONIC	$4,209,000	–	46,900	–	0.25%	–
HD	New	HOME DEPOT	$3,448,000	–	12,570	–	0.21%	–
V	New	VISA INC-CL A	$3,327,000	–	16,900	–	0.20%	–
TGT	New	TARGET	$3,107,000	–	22,000	–	0.19%	–
ETN	New	EATON	$3,062,000	–	24,300	–	0.18%	–
FDX	New	FEDEX	$2,959,000	–	13,050	–	0.18%	–
IJH	New	ISHARES S&P MIDCAP 400 ETF	$2,919,000	–	12,904	–	0.18%	–
SUSB	New	ISHARES ESG 1-5 YEAR ETF	$2,663,000	–	110,549	–	0.16%	–
BXP	New	BOSTON PROPERTIES INC	$2,331,000	–	26,200	–	0.14%	–
WM	New	WASTE MANAGEMENT	$2,249,000	–	14,700	–	0.14%	–
TMO	New	THERMO FISHER SCIENTIFIC	$1,901,000	–	3,500	–	0.11%	–
ORCL	New	ORACLE	$1,705,000	–	24,400	–	0.10%	–
COP	New	CONOCOPHILLIPS	$1,688,000	–	18,800	–	0.10%	–
MA	New	MASTERCARD	$1,628,000	–	5,160	–	0.10%	–
SPG	New	SIMON PROPERTY GROUP	$1,400,000	–	14,750	–	0.08%	–
KBE	New	SPDR S&P BANK ETF	$1,352,000	–	30,800	–	0.08%	–
GOOGL	New	ALPHABET INC-CL A	$1,308,000	–	600	–	0.08%	–
AMZN	New	AMAZON.COM	$1,200,000	–	11,300	–	0.07%	–
COST	New	COSTCO WHOLESALE	$1,160,000	–	2,420	–	0.07%	–
TD	New	TORONTO-DOMINION BANK	$1,148,000	–	17,500	–	0.07%	–
ARE	New	ALEXANDRIA REAL ESTATE EQUITIES	$1,131,000	–	7,800	–	0.07%	–
MUR	New	MURPHY OIL	$1,057,000	–	35,000	–	0.06%	–
CDEV	New	CENTENNIAL RESOURCE DEV-A	$1,017,000	–	170,000	–	0.06%	–
CMI	New	CUMMINS INC	$1,006,000	–	5,200	–	0.06%	–
PBF	New	PBF ENERGY INC-CLASS A	$987,000	–	34,000	–	0.06%	–
SUSC	New	ISHARES ESG AWARE USD CORPOR	$919,000	–	39,697	–	0.06%	–
WMT	New	WAL-MART STORES	$900,000	–	7,400	–	0.05%	–
KIM	New	KIMCO REALTY	$902,000	–	45,600	–	0.05%	–
OC	New	OWENS CORNING	$788,000	–	10,600	–	0.05%	–
GILD	New	GILEAD SCIENCES	$705,000	–	11,400	–	0.04%	–
DE	New	DEERE & CO	$689,000	–	2,300	–	0.04%	–
NVDA	New	NVIDIA	$531,000	–	3,500	–	0.03%	–
	New	TOURMALINE OIL	$494,000	–	9,500	–	0.03%	–
FB	New	META PLATFORMS INC	$452,000	–	2,800	–	0.03%	–
NFLX	New	NETFLIX	$367,000	–	2,100	–	0.02%	–
DOV	New	DOVER CORP	$325,000	–	2,680	–	0.02%	–
LQD	New	ISHARES IBOXX INVESTMENT ETF	$330,000	–	3,000	–	0.02%	–
XOM	New	EXXON MOBIL	$330,000	–	3,850	–	0.02%	–
LMT	New	LOCKHEED MARTIN	$318,000	–	740	–	0.02%	–
ALB	New	ALBEMARLE CORP	$293,000	–	1,400	–	0.02%	–
AAP	New	ADVANCE AUTO PARTS	$277,000	–	1,600	–	0.02%	–
MCHP	New	MICROCHIP TECHNOLOGY	$279,000	–	4,800	–	0.02%	–
AMGN	New	AMGEN	$268,000	–	1,100	–	0.02%	–
DD	New	DUPONT DE NEMOURS INC	$267,000	–	4,800	–	0.02%	–
HON	New	HONEYWELL INTL	$226,000	–	1,300	–	0.01%	–
AEE	New	AMEREN	$226,000	–	2,500	–	0.01%	–
C	New	CITIGROUP	$216,000	–	4,700	–	0.01%	–
CMCSA	New	COMCAST-A	$212,000	–	5,400	–	0.01%	–
RRC	New	RANGE RESOURCES CORP	$221,000	–	8,920	–	0.01%	–
PSA	New	PUBLIC STORAGE	$219,000	–	700	–	0.01%	–
AR	New	ANTERO RESOURCES CORP	$212,000	–	6,910	–	0.01%	–
GNMA	New	ISHARES GNMA BOND ETF	$207,000	–	4,553	–	0.01%	–
AEP	New	AMERICAN ELECTRIC POWER	$201,000	–	2,100	–	0.01%	–
AMT	New	AMERICAN TOWER	$204,000	–	800	–	0.01%	–
CCI	New	CROWN CASTLE INTL CORP	$202,000	–	1,200	–	0.01%	–
CRK	New	COMSTOCK RESOURCES	$189,000	–	15,620	–	0.01%	–
CAT	New	CATERPILLAR	$179,000	–	1,000	–	0.01%	–
TFC	New	TRUIST FINANCIAL CORPORATION	$171,000	–	3,600	–	0.01%	–
CNQ	New	CANADIAN NATURAL RESOURCES	$161,000	–	3,000	–	0.01%	–
KMB	New	KIMBERLY-CLARK	$162,000	–	1,200	–	0.01%	–
OVV	New	OVINTIV INC	$133,000	–	3,000	–	0.01%	–
EMN	New	EASTMAN CHEMICAL	$137,000	–	1,530	–	0.01%	–
SWK	New	STANLEY BLACK & DECKER INC	$126,000	–	1,200	–	0.01%	–
TELL	New	TELLURIAN INC	$119,000	–	40,000	–	0.01%	–
PBR	New	PETROLEO BRASILEIRO SA	$119,000	–	10,210	–	0.01%	–
SCHM	New	SCHWAB US MID CAP ETF	$123,000	–	1,961	–	0.01%	–
VICI	New	VICI PROPERTIES	$16,000	–	550	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-900	–	-0.00%	–
CNQ	Exit	CANADIAN NATURAL RESOURCES	$0	–	-3,000	–	-0.01%	–
MEGEF	Exit	MEG ENERGY	$0	–	-14,170	–	-0.01%	–
PNC	Exit	PNC FINANCIAL	$0	–	-690	–	-0.01%	–
VEI	Exit	VINE ENERGY	$0	–	-9,400	–	-0.01%	–
RSG	Exit	REPUBLIC SERVICES-CL A	$0	–	-1,300	–	-0.01%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-1,200	–	-0.01%	–
AETUF	Exit	ARC RESOURCES LTD	$0	–	-15,900	–	-0.01%	–
TELL	Exit	TELLURIAN INC	$0	–	-40,000	–	-0.01%	–
OXY	Exit	OCCIDENTAL PETROLEUM	$0	–	-6,000	–	-0.01%	–
CCI	Exit	CROWN CASTLE INTL CORP	$0	–	-1,000	–	-0.01%	–
AR	Exit	ANTERO RESOURCES CORP	$0	–	-8,800	–	-0.01%	–
CRK	Exit	COMSTOCK RESOURCES	$0	–	-17,800	–	-0.01%	–
FANG	Exit	DIAMONDBACK ENERGY	$0	–	-2,260	–	-0.01%	–
PDCE	Exit	PDC ENERGY	$0	–	-4,635	–	-0.01%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-1,200	–	-0.01%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-700	–	-0.01%	–
MRO	Exit	MARATHON OIL	$0	–	-15,630	–	-0.01%	–
AEE	Exit	AMEREN	$0	–	-2,500	–	-0.01%	–
XOM	Exit	EXXON MOBIL	$0	–	-3,850	–	-0.01%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-740	–	-0.01%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-1,400	–	-0.02%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-4,800	–	-0.02%	–
IGSB	Exit	ISHARES I-05Y INV GRADE CORP ETF	$0	–	-6,304	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-2,400	–	-0.02%	–
OVV	Exit	OVINTIV INC	$0	–	-12,560	–	-0.02%	–
	Exit	TOURMALINE OIL	$0	–	-13,640	–	-0.02%	–
FB	Exit	FACEBOOK-A	$0	–	-1,800	–	-0.03%	–
QCOM	Exit	QUALCOMM	$0	–	-5,174	–	-0.04%	–
GNMA	Exit	ISHARES GNMA BOND ETF	$0	–	-13,703	–	-0.04%	–
OC	Exit	OWENS CORNING	$0	–	-8,600	–	-0.04%	–
TD	Exit	TORONTO-DOMINION BANK	$0	–	-11,800	–	-0.04%	–
DOV	Exit	DOVER CORP	$0	–	-5,253	–	-0.04%	–
IPG	Exit	INTERPUBLIC GROUP OF COMPANIES	$0	–	-25,800	–	-0.05%	–
CMI	Exit	CUMMINS INC	$0	–	-4,200	–	-0.05%	–
MDT	Exit	MEDTRONIC	$0	–	-7,700	–	-0.05%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-5,400	–	-0.05%	–
AVGO	Exit	BROADCOM INC	$0	–	-2,450	–	-0.06%	–
AMZN	Exit	AMAZON.COM	$0	–	-370	–	-0.06%	–
LEN	Exit	LENNAR	$0	–	-12,900	–	-0.06%	–
KIM	Exit	KIMCO REALTY	$0	–	-62,900	–	-0.07%	–
SUSC	Exit	ISHARES ESG AWARE USD CORPOR	$0	–	-56,497	–	-0.08%	–
GOOGL	Exit	ALPHABET INC-CL A	$0	–	-600	–	-0.08%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-23,752	–	-0.08%	–
KBE	Exit	SPDR S&P BANK ETF	$0	–	-30,800	–	-0.08%	–
HTA	Exit	HEALTHCARE TRUST OF AME-CL A	$0	–	-56,300	–	-0.09%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-12,900	–	-0.10%	–
MA	Exit	MASTERCARD	$0	–	-5,560	–	-0.10%	–
D	Exit	DOMINION RESOURCES	$0	–	-27,800	–	-0.10%	–
NKE	Exit	NIKE-B	$0	–	-16,000	–	-0.12%	–
T	Exit	AT&T	$0	–	-88,000	–	-0.12%	–
GPN	Exit	GLOBAL PAYMENTS INC	$0	–	-15,400	–	-0.13%	–
SUSB	Exit	ISHARES ESG 1-5 YEAR ETF	$0	–	-110,549	–	-0.15%	–
GIS	Exit	GENERAL MILLS	$0	–	-54,000	–	-0.17%	–
IJH	Exit	ISHARES S&P MIDCAP 400 ETF	$0	–	-12,770	–	-0.17%	–
CHK	Exit	CHESAPEAKE ENERGY CORP	$0	–	-142,400	–	-0.46%	–
SCHM	Exit	SCHWAB US MID CAP ETF	$0	–	-131,354	–	-0.52%	–
IVW	Exit	ISHARES S&P 500 GROWTH ETF	$0	–	-164,551	–	-0.63%	–
EMB	Exit	ISHARES JP MORGAN EM BOND FD ETF	$0	–	-120,000	–	-0.68%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-103,410	–	-0.78%	–
TFC	Exit	TRUIST FINANCIAL CORPORATION	$0	–	-315,500	–	-0.96%	–
CAG	Exit	CONAGRA	$0	–	-553,500	–	-0.97%	–
ARCC	Exit	ARES CAPITAL	$0	–	-927,040	–	-0.98%	–
DTE	Exit	DTE ENERGY	$0	–	-168,700	–	-0.98%	–
FDX	Exit	FEDEX	$0	–	-87,430	–	-1.00%	–
ARES	Exit	ARES MANAGEMENT CORP-A	$0	–	-262,300	–	-1.00%	–
GLW	Exit	CORNING	$0	–	-531,720	–	-1.01%	–
VTR	Exit	VENTAS	$0	–	-352,400	–	-1.01%	–
VICI	Exit	VICI PROPERTIES	$0	–	-688,740	–	-1.02%	–
DHI	Exit	DR HORTON	$0	–	-233,700	–	-1.02%	–
WRK	Exit	WESTROCK CO	$0	–	-393,600	–	-1.02%	–
ADM	Exit	ARCHER DANIELS	$0	–	-329,500	–	-1.03%	–
CAT	Exit	CATERPILLAR	$0	–	-104,130	–	-1.04%	–
TROW	Exit	T ROWE PRICE GROUP	$0	–	-103,400	–	-1.06%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-151,060	–	-1.09%	–
INTC	Exit	INTEL	$0	–	-394,500	–	-1.09%	–
TGT	Exit	TARGET	$0	–	-92,300	–	-1.10%	–
TJX	Exit	TJX COMPANIES	$0	–	-321,210	–	-1.10%	–
PFE	Exit	PFIZER	$0	–	-496,470	–	-1.11%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-368,970	–	-1.11%	–
DUK	Exit	DUKE ENERGY	$0	–	-220,909	–	-1.12%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-55,600	–	-1.13%	–
UNP	Exit	UNION PACIFIC	$0	–	-111,130	–	-1.13%	–
AMP	Exit	AMERIPRISE FINANCIAL	$0	–	-82,900	–	-1.14%	–
CFG	Exit	CITIZENS FINANCIAL GROUP	$0	–	-472,060	–	-1.15%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-410,780	–	-1.16%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-51,020	–	-1.19%	–
CVX	Exit	CHEVRON	$0	–	-226,091	–	-1.19%	–
AAPL	Exit	APPLE	$0	–	-162,900	–	-1.20%	–
AAP	Exit	ADVANCE AUTO PARTS	$0	–	-113,000	–	-1.22%	–
ARE	Exit	ALEXANDRIA REAL ESTATE EQUITIES	$0	–	-123,700	–	-1.23%	–
BLK	Exit	BLACKROCK	$0	–	-28,300	–	-1.23%	–
TSM	Exit	TAIWAN SEMICONDUCTOR-SP ADR	$0	–	-215,730	–	-1.25%	–
ANTM	Exit	ANTHEM INC	$0	–	-65,100	–	-1.26%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-1,147,970	–	-1.29%	–
HD	Exit	HOME DEPOT	$0	–	-75,870	–	-1.29%	–
MCD	Exit	MCDONALD'S	$0	–	-104,020	–	-1.30%	–
PAYX	Exit	PAYCHEX	$0	–	-232,030	–	-1.35%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-486,990	–	-1.36%	–
SPG	Exit	SIMON PROPERTY GROUP	$0	–	-204,783	–	-1.38%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-170,300	–	-1.43%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-339,700	–	-1.43%	–
MSFT	Exit	MICROSOFT	$0	–	-98,830	–	-1.45%	–
PLD	Exit	PROLOGIS	$0	–	-230,000	–	-1.50%	–
AMGN	Exit	AMGEN	$0	–	-135,840	–	-1.50%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-152,132	–	-1.52%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-320,100	–	-1.56%	–
ABBV	Exit	ABBVIE	$0	–	-280,950	–	-1.57%	–
HON	Exit	HONEYWELL INTL	$0	–	-146,400	–	-1.61%	–
PEP	Exit	PEPSICO	$0	–	-213,900	–	-1.67%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-411,200	–	-1.68%	–
KO	Exit	COCA-COLA	$0	–	-619,270	–	-1.69%	–
WMT	Exit	WAL-MART STORES	$0	–	-235,050	–	-1.70%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-280,630	–	-1.72%	–
C	Exit	CITIGROUP	$0	–	-473,642	–	-1.72%	–
LLY	Exit	ELI LILLY & CO	$0	–	-149,725	–	-1.80%	–
WMB	Exit	WILLIAMS COS	$0	–	-1,337,570	–	-1.80%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS ETF	$0	–	-82,308	–	-1.83%	–
MRK	Exit	MERCK & CO	$0	–	-480,510	–	-1.87%	–
V	Exit	VISA INC-CL A	$0	–	-176,000	–	-2.03%	–
BAC	Exit	BANK OF AMERICA	$0	–	-926,190	–	-2.04%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-716,160	–	-2.20%	–
MS	Exit	MORGAN STANLEY	$0	–	-445,000	–	-2.25%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-514,579	–	-2.27%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-116,510	–	-2.28%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-289,056	–	-2.46%	–
CMCSA	Exit	COMCAST-A	$0	–	-879,465	–	-2.55%	–

Q3 2021

			Value		Shares		↓ Weighting
CMCSA	Sell	COMCAST-A	$49,188,000	-2.1%	879,465	-0.2%	2.55%	+6.5%
JPM	Sell	JPMORGAN CHASE	$47,316,000	+3.7%	289,056	-1.4%	2.46%	+12.9%
GS	Sell	GOLDMAN SACHS GROUP	$44,044,000	-14.2%	116,510	-13.8%	2.28%	-6.6%
CVS	Buy	CVS HEALTH CORP	$43,667,000	+87.4%	514,579	+84.3%	2.27%	+104.0%
MS	Sell	MORGAN STANLEY	$43,303,000	-15.2%	445,000	-20.1%	2.25%	-7.8%
BMY	Buy	BRISTOL-MYERS SQUIBB	$42,375,000	+84.0%	716,160	+107.8%	2.20%	+100.3%
BAC	Sell	BANK OF AMERICA	$39,317,000	-11.8%	926,190	-14.3%	2.04%	-4.0%
V	Buy	VISA INC-CL A	$39,204,000	+57.6%	176,000	+65.4%	2.03%	+71.5%
MRK	Buy	MERCK & CO	$36,091,000	+10.1%	480,510	+14.0%	1.87%	+19.8%
SPY	Buy	S&P 500 DEPOSITARY RECEIPTS ETF	$35,322,000	+4.6%	82,308	+4.4%	1.83%	+13.9%
WMB	Buy	WILLIAMS COS	$34,697,000	-1.9%	1,337,570	+0.5%	1.80%	+6.8%
LLY	Buy	ELI LILLY & CO	$34,594,000	+28.6%	149,725	+27.7%	1.80%	+39.9%
C	Sell	CITIGROUP	$33,240,000	-27.9%	473,642	-27.3%	1.72%	-21.5%
WMT	Sell	WAL-MART STORES	$32,761,000	-1.5%	235,050	-0.3%	1.70%	+7.2%
KO	Sell	COCA-COLA	$32,493,000	-3.4%	619,270	-0.3%	1.69%	+5.2%
NEE	Sell	NEXTERA ENERGY	$32,287,000	+6.8%	411,200	-0.3%	1.68%	+16.2%
PEP	Buy	PEPSICO	$32,173,000	+30.3%	213,900	+28.4%	1.67%	+41.8%
HON	Sell	HONEYWELL INTL	$31,078,000	-6.2%	146,400	-3.1%	1.61%	+2.0%
ABBV	Buy	ABBVIE	$30,306,000	+40.3%	280,950	+46.5%	1.57%	+52.6%
EMR	Sell	EMERSON ELECTRIC	$30,153,000	-31.7%	320,100	-30.3%	1.56%	-25.7%
TXN	Sell	TEXAS INSTRUMENTS	$29,241,000	-0.3%	152,132	-0.3%	1.52%	+8.4%
AMGN	Buy	AMGEN	$28,886,000	-10.3%	135,840	+2.9%	1.50%	-2.3%
PLD	Sell	PROLOGIS	$28,849,000	+3.8%	230,000	-1.1%	1.50%	+12.9%
MSFT	Sell	MICROSOFT	$27,862,000	+2.8%	98,830	-1.2%	1.45%	+11.9%
AEP	Buy	AMERICAN ELECTRIC POWER	$27,577,000	-2.3%	339,700	+1.8%	1.43%	+6.3%
JNJ	Buy	JOHNSON & JOHNSON	$27,503,000	+1.8%	170,300	+3.8%	1.43%	+10.8%
SPG	Sell	SIMON PROPERTY GROUP	$26,616,000	-0.8%	204,783	-0.4%	1.38%	+8.0%
PAYX	Sell	PAYCHEX	$26,092,000	-0.2%	232,030	-4.8%	1.35%	+8.6%
MCD	Sell	MCDONALD'S	$25,080,000	+1.6%	104,020	-2.6%	1.30%	+10.5%
HD	Sell	HOME DEPOT	$24,905,000	-2.7%	75,870	-5.5%	1.29%	+5.8%
EPD	Sell	ENTERPRISE PRODUCTS PARTNERS	$24,842,000	-10.7%	1,147,970	-0.4%	1.29%	-2.8%
ANTM	Sell	ANTHEM INC	$24,269,000	-2.7%	65,100	-0.3%	1.26%	+5.9%
TSM	Sell	TAIWAN SEMICONDUCTOR-SP ADR	$24,086,000	-7.4%	215,730	-0.3%	1.25%	+0.8%
BLK	Sell	BLACKROCK	$23,734,000	-5.8%	28,300	-1.7%	1.23%	+2.4%
AAPL	Sell	APPLE	$23,050,000	-23.7%	162,900	-26.1%	1.20%	-16.9%
CVX	Sell	CHEVRON	$22,937,000	-40.7%	226,091	-38.8%	1.19%	-35.5%
COST	Sell	COSTCO WHOLESALE	$22,926,000	-15.6%	51,020	-25.6%	1.19%	-8.1%
CSCO	Buy	CISCO SYSTEMS	$22,359,000	+535.4%	410,780	+518.6%	1.16%	+590.5%
CFG	Buy	CITIZENS FINANCIAL GROUP	$22,177,000	+2.9%	472,060	+0.5%	1.15%	+12.0%
AMP	Sell	AMERIPRISE FINANCIAL	$21,896,000	-35.8%	82,900	-39.5%	1.14%	-30.2%
UNP	Sell	UNION PACIFIC	$21,783,000	-36.4%	111,130	-28.6%	1.13%	-30.8%
UNH	Buy	UNITEDHEALTH GROUP	$21,725,000	+13.3%	55,600	+16.1%	1.13%	+23.2%
DUK	Sell	DUKE ENERGY	$21,559,000	-1.5%	220,909	-0.4%	1.12%	+7.2%
MDLZ	New	MONDELEZ INTL	$21,467,000	–	368,970	–	1.11%	–
TJX	Buy	TJX COMPANIES	$21,193,000	-1.5%	321,210	+0.7%	1.10%	+7.2%
TGT	Buy	TARGET	$21,115,000	+2261.9%	92,300	+2394.6%	1.10%	+2448.8%
TROW	Sell	T ROWE PRICE GROUP	$20,339,000	-1.0%	103,400	-0.4%	1.06%	+7.7%
CAT	Buy	CATERPILLAR	$19,990,000	+2254.5%	104,130	+2570.0%	1.04%	+2492.5%
ADM	New	ARCHER DANIELS	$19,773,000	–	329,500	–	1.03%	–
DHI	Buy	DR HORTON	$19,624,000	+2236.2%	233,700	+2412.9%	1.02%	+2445.0%
VICI	New	VICI PROPERTIES	$19,567,000	–	688,740	–	1.02%	–
VTR	Buy	VENTAS	$19,456,000	-0.7%	352,400	+2.7%	1.01%	+8.0%
GLW	Buy	CORNING	$19,402,000	-8.3%	531,720	+2.8%	1.01%	-0.2%
ARES	New	ARES MANAGEMENT CORP-A	$19,366,000	–	262,300	–	1.00%	–
FDX	Sell	FEDEX	$19,173,000	-26.6%	87,430	-0.2%	1.00%	-20.1%
ARCC	New	ARES CAPITAL	$18,847,000	–	927,040	–	0.98%	–
TFC	Sell	TRUIST FINANCIAL CORPORATION	$18,504,000	-5.7%	315,500	-10.8%	0.96%	+2.6%
DLR	New	DIGITAL REALTY REIT	$14,938,000	–	103,410	–	0.78%	–
EMB	New	ISHARES JP MORGAN EM BOND FD ETF	$13,207,000	–	120,000	–	0.68%	–
IVW	Buy	ISHARES S&P 500 GROWTH ETF	$12,162,000	+4.4%	164,551	+2.7%	0.63%	+13.5%
SCHM	Buy	SCHWAB US MID CAP ETF	$10,070,000	-1.6%	131,354	+0.5%	0.52%	+7.0%
CHK	New	CHESAPEAKE ENERGY CORP	$8,770,000	–	142,400	–	0.46%	–
SUSB	Buy	ISHARES ESG 1-5 YEAR ETF	$2,872,000	+346.0%	110,549	+346.7%	0.15%	+380.6%
T	Sell	AT&T	$2,377,000	-31.7%	88,000	-27.2%	0.12%	-25.9%
MA	Buy	MASTERCARD	$1,933,000	-1.9%	5,560	+3.0%	0.10%	+6.4%
HTA	Sell	HEALTHCARE TRUST OF AME-CL A	$1,670,000	-90.5%	56,300	-91.5%	0.09%	-89.7%
KBE	Sell	SPDR S&P BANK ETF	$1,630,000	-81.0%	30,800	-81.6%	0.08%	-79.2%
SUSC	Buy	ISHARES ESG AWARE USD CORPOR	$1,554,000	+237.8%	56,497	+240.4%	0.08%	+268.2%
KIM	Sell	KIMCO REALTY	$1,305,000	-94.3%	62,900	-94.3%	0.07%	-93.8%
AMZN	Buy	AMAZON.COM	$1,215,000	+1.8%	370	+6.6%	0.06%	+10.5%
UPS	Sell	UNITED PARCEL SERVICE	$983,000	-37.8%	5,400	-28.9%	0.05%	-32.0%
DOV	Sell	DOVER CORP	$817,000	-97.6%	5,253	-97.6%	0.04%	-97.4%
TD	New	TORONTO-DOMINION BANK	$781,000	–	11,800	–	0.04%	–
OC	Sell	OWENS CORNING	$735,000	-42.3%	8,600	-33.8%	0.04%	-37.7%
GNMA	Buy	ISHARES GNMA BOND ETF	$685,000	+90.3%	13,703	+90.2%	0.04%	+111.8%
QCOM	Sell	QUALCOMM	$667,000	-97.7%	5,174	-97.5%	0.04%	-97.5%
OVV	Buy	OVINTIV INC	$413,000	+114.0%	12,560	+105.2%	0.02%	+133.3%
IGSB	Sell	ISHARES I-05Y INV GRADE CORP ETF	$344,000	-39.2%	6,304	-38.9%	0.02%	-33.3%
DD	Sell	DUPONT DE NEMOURS INC	$326,000	-98.8%	4,800	-98.6%	0.02%	-98.6%
LMT	Sell	LOCKHEED MARTIN	$255,000	-98.7%	740	-98.5%	0.01%	-98.6%
XOM	Sell	EXXON MOBIL	$226,000	-99.4%	3,850	-99.4%	0.01%	-99.3%
PDCE	New	PDC ENERGY	$220,000	–	4,635	–	0.01%	–
MRO	New	MARATHON OIL	$214,000	–	15,630	–	0.01%	–
SWK	Sell	STANLEY BLACK & DECKER INC	$210,000	-99.1%	1,200	-98.9%	0.01%	-99.0%
FANG	New	DIAMONDBACK ENERGY	$214,000	–	2,260	–	0.01%	–
CRK	New	COMSTOCK RESOURCES	$184,000	–	17,800	–	0.01%	–
OXY	Sell	OCCIDENTAL PETROLEUM	$177,000	-85.1%	6,000	-84.2%	0.01%	-84.2%
VEI	New	VINE ENERGY	$155,000	–	9,400	–	0.01%	–
CNQ	New	CANADIAN NATURAL RESOURCES	$110,000	–	3,000	–	0.01%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-1,400	–	-0.01%	–
WH	Exit	WYNDHAM HOTELS & RESORT INC	$0	–	-4,300	–	-0.02%	–
ATVI	Exit	ACTIVISION BLIZZARD	$0	–	-5,700	–	-0.03%	–
BABA	Exit	ALIBABA GROUP HOLDING-SPONSORED ADR	$0	–	-3,600	–	-0.04%	–
XEC	Exit	CIMAREX ENERGY CO	$0	–	-12,500	–	-0.04%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-42,100	–	-0.08%	–
TLT	Exit	ISHARES BARCLAYS 20 YEAR ETF	$0	–	-19,487	–	-0.13%	–
QQQ	Exit	INVESCO QQQ TRUST SERIES 1	$0	–	-8,500	–	-0.14%	–
HYG	Exit	ISHARES IBOXX H/Y CORP BOND ETF	$0	–	-42,500	–	-0.18%	–
FITB	Exit	FIFTH THIRD BANK	$0	–	-479,800	–	-0.88%	–
NEM	Exit	NEWMONT MINING	$0	–	-300,300	–	-0.91%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-96,700	–	-1.08%	–
VLO	Exit	VALERO ENERGY	$0	–	-346,700	–	-1.29%	–
SBUX	Exit	STARBUCKS	$0	–	-294,400	–	-1.57%	–

Q2 2021

			Value		Shares		↓ Weighting
GS	New	GOLDMAN SACHS GROUP	$51,316,000	–	135,210	–	2.45%	–
MS	New	MORGAN STANLEY	$51,080,000	–	557,100	–	2.44%	–
CMCSA	New	COMCAST-A	$50,255,000	–	881,365	–	2.40%	–
C	New	CITIGROUP	$46,097,000	–	651,542	–	2.20%	–
JPM	New	JPMORGAN CHASE	$45,613,000	–	293,256	–	2.18%	–
BAC	New	BANK OF AMERICA	$44,553,000	–	1,080,590	–	2.12%	–
EMR	New	EMERSON ELECTRIC	$44,174,000	–	459,000	–	2.11%	–
CVX	New	CHEVRON	$38,708,000	–	369,561	–	1.85%	–
XOM	New	EXXON MOBIL	$37,435,000	–	593,450	–	1.78%	–
WMB	New	WILLIAMS COS	$35,351,000	–	1,331,500	–	1.69%	–
UNP	New	UNION PACIFIC	$34,250,000	–	155,730	–	1.63%	–
AMP	New	AMERIPRISE FINANCIAL	$34,121,000	–	137,100	–	1.63%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS ETF	$33,756,000	–	78,858	–	1.61%	–
KO	New	COCA-COLA	$33,622,000	–	621,370	–	1.60%	–
DOV	New	DOVER CORP	$33,426,000	–	221,953	–	1.59%	–
WMT	New	WAL-MART STORES	$33,260,000	–	235,850	–	1.59%	–
HON	New	HONEYWELL INTL	$33,144,000	–	151,100	–	1.58%	–
SBUX	New	STARBUCKS	$32,917,000	–	294,400	–	1.57%	–
MRK	New	MERCK & CO	$32,789,000	–	421,610	–	1.56%	–
ABT	New	ABBOTT LABORATORIES	$32,533,000	–	280,630	–	1.55%	–
AMGN	New	AMGEN	$32,185,000	–	132,040	–	1.54%	–
NEE	New	NEXTERA ENERGY	$30,228,000	–	412,500	–	1.44%	–
AAPL	New	APPLE	$30,200,000	–	220,500	–	1.44%	–
QCOM	New	QUALCOMM	$29,468,000	–	206,174	–	1.40%	–
TXN	New	TEXAS INSTRUMENTS	$29,332,000	–	152,532	–	1.40%	–
AEP	New	AMERICAN ELECTRIC POWER	$28,219,000	–	333,600	–	1.35%	–
PLD	New	PROLOGIS	$27,803,000	–	232,600	–	1.33%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$27,805,000	–	1,152,300	–	1.33%	–
VZ	New	VERIZON COMMUNICATIONS	$27,286,000	–	486,990	–	1.30%	–
COST	New	COSTCO WHOLESALE	$27,151,000	–	68,620	–	1.30%	–
MSFT	New	MICROSOFT	$27,098,000	–	100,030	–	1.29%	–
VLO	New	VALERO ENERGY	$27,070,000	–	346,700	–	1.29%	–
JNJ	New	JOHNSON & JOHNSON	$27,017,000	–	164,000	–	1.29%	–
LLY	New	ELI LILLY & CO	$26,905,000	–	117,225	–	1.28%	–
SPG	New	SIMON PROPERTY GROUP	$26,824,000	–	205,583	–	1.28%	–
DD	New	DUPONT DE NEMOURS INC	$26,296,000	–	339,700	–	1.25%	–
PAYX	New	PAYCHEX	$26,141,000	–	243,630	–	1.25%	–
FDX	New	FEDEX	$26,134,000	–	87,600	–	1.25%	–
TSM	New	TAIWAN SEMICONDUCTOR-SP ADR	$26,003,000	–	216,400	–	1.24%	–
HD	New	HOME DEPOT	$25,597,000	–	80,270	–	1.22%	–
BLK	New	BLACKROCK	$25,199,000	–	28,800	–	1.20%	–
ANTM	New	ANTHEM INC	$24,932,000	–	65,300	–	1.19%	–
V	New	VISA INC-CL A	$24,878,000	–	106,400	–	1.19%	–
PEP	New	PEPSICO	$24,685,000	–	166,600	–	1.18%	–
MCD	New	MCDONALD'S	$24,674,000	–	106,820	–	1.18%	–
SWK	New	STANLEY BLACK & DECKER INC	$23,410,000	–	114,200	–	1.12%	–
CVS	New	CVS HEALTH CORP	$23,303,000	–	279,279	–	1.11%	–
AAP	New	ADVANCE AUTO PARTS	$23,181,000	–	113,000	–	1.10%	–
KIM	New	KIMCO REALTY	$23,039,000	–	1,105,000	–	1.10%	–
BMY	New	BRISTOL-MYERS SQUIBB	$23,033,000	–	344,700	–	1.10%	–
STZ	New	CONSTELLATION BRANDS	$22,617,000	–	96,700	–	1.08%	–
ARE	New	ALEXANDRIA REAL ESTATE EQUITIES	$22,506,000	–	123,700	–	1.07%	–
INTC	New	INTEL	$22,147,000	–	394,500	–	1.06%	–
IBM	New	INTL BUSINESS MACHINES	$22,144,000	–	151,060	–	1.06%	–
DUK	New	DUKE ENERGY	$21,897,000	–	221,809	–	1.04%	–
DTE	New	DTE ENERGY	$21,864,000	–	168,700	–	1.04%	–
ABBV	New	ABBVIE	$21,604,000	–	191,800	–	1.03%	–
CFG	New	CITIZENS FINANCIAL GROUP	$21,550,000	–	469,800	–	1.03%	–
TJX	New	TJX COMPANIES	$21,508,000	–	319,010	–	1.03%	–
GLW	New	CORNING	$21,162,000	–	517,400	–	1.01%	–
WRK	New	WESTROCK CO	$20,947,000	–	393,600	–	1.00%	–
TROW	New	T ROWE PRICE GROUP	$20,549,000	–	103,800	–	0.98%	–
CAG	New	CONAGRA	$20,136,000	–	553,500	–	0.96%	–
TFC	New	TRUIST FINANCIAL CORPORATION	$19,625,000	–	353,600	–	0.94%	–
VTR	New	VENTAS	$19,597,000	–	343,200	–	0.94%	–
PFE	New	PFIZER	$19,442,000	–	496,470	–	0.93%	–
UNH	New	UNITEDHEALTH GROUP	$19,181,000	–	47,900	–	0.92%	–
LMT	New	LOCKHEED MARTIN	$19,069,000	–	50,400	–	0.91%	–
NEM	New	NEWMONT MINING	$19,033,000	–	300,300	–	0.91%	–
FITB	New	FIFTH THIRD BANK	$18,343,000	–	479,800	–	0.88%	–
HTA	New	HEALTHCARE TRUST OF AME-CL A	$17,641,000	–	660,700	–	0.84%	–
IVW	New	ISHARES S&P 500 GROWTH ETF	$11,652,000	–	160,212	–	0.56%	–
SCHM	New	SCHWAB US MID CAP ETF	$10,231,000	–	130,714	–	0.49%	–
KBE	New	SPDR S&P BANK ETF	$8,585,000	–	167,278	–	0.41%	–
HYG	New	ISHARES IBOXX H/Y CORP BOND ETF	$3,742,000	–	42,500	–	0.18%	–
CSCO	New	CISCO SYSTEMS	$3,519,000	–	66,400	–	0.17%	–
T	New	AT&T	$3,480,000	–	120,900	–	0.17%	–
IJH	New	ISHARES S&P MIDCAP 400 ETF	$3,432,000	–	12,770	–	0.16%	–
GIS	New	GENERAL MILLS	$3,290,000	–	54,000	–	0.16%	–
QQQ	New	INVESCO QQQ TRUST SERIES 1	$3,013,000	–	8,500	–	0.14%	–
GPN	New	GLOBAL PAYMENTS INC	$2,888,000	–	15,400	–	0.14%	–
TLT	New	ISHARES BARCLAYS 20 YEAR ETF	$2,813,000	–	19,487	–	0.13%	–
NKE	New	NIKE-B	$2,472,000	–	16,000	–	0.12%	–
D	New	DOMINION RESOURCES	$2,045,000	–	27,800	–	0.10%	–
MA	New	MASTERCARD	$1,971,000	–	5,400	–	0.09%	–
WM	New	WASTE MANAGEMENT	$1,807,000	–	12,900	–	0.09%	–
KHC	New	KRAFT HEINZ CO	$1,717,000	–	42,100	–	0.08%	–
UPS	New	UNITED PARCEL SERVICE	$1,581,000	–	7,600	–	0.08%	–
GOOGL	New	ALPHABET INC-CL A	$1,465,000	–	600	–	0.07%	–
COP	New	CONOCOPHILLIPS	$1,446,000	–	23,752	–	0.07%	–
LEN	New	LENNAR	$1,282,000	–	12,900	–	0.06%	–
OC	New	OWENS CORNING	$1,273,000	–	13,000	–	0.06%	–
AMZN	New	AMAZON.COM	$1,194,000	–	347	–	0.06%	–
OXY	New	OCCIDENTAL PETROLEUM	$1,188,000	–	38,000	–	0.06%	–
AVGO	New	BROADCOM INC	$1,168,000	–	2,450	–	0.06%	–
CMI	New	CUMMINS INC	$1,024,000	–	4,200	–	0.05%	–
MDT	New	MEDTRONIC	$956,000	–	7,700	–	0.05%	–
XEC	New	CIMAREX ENERGY CO	$906,000	–	12,500	–	0.04%	–
TGT	New	TARGET	$894,000	–	3,700	–	0.04%	–
CAT	New	CATERPILLAR	$849,000	–	3,900	–	0.04%	–
IPG	New	INTERPUBLIC GROUP OF COMPANIES	$838,000	–	25,800	–	0.04%	–
DHI	New	DR HORTON	$840,000	–	9,300	–	0.04%	–
BABA	New	ALIBABA GROUP HOLDING-SPONSORED ADR	$816,000	–	3,600	–	0.04%	–
SUSB	New	ISHARES ESG 1-5 YEAR ETF	$644,000	–	24,749	–	0.03%	–
FB	New	FACEBOOK-A	$626,000	–	1,800	–	0.03%	–
IGSB	New	ISHARES I-05Y INV GRADE CORP ETF	$566,000	–	10,320	–	0.03%	–
ATVI	New	ACTIVISION BLIZZARD	$544,000	–	5,700	–	0.03%	–
SUSC	New	ISHARES ESG AWARE USD CORPOR	$460,000	–	16,597	–	0.02%	–
	New	TOURMALINE OIL	$390,000	–	13,640	–	0.02%	–
MCHP	New	MICROCHIP TECHNOLOGY	$359,000	–	2,400	–	0.02%	–
GNMA	New	ISHARES GNMA BOND ETF	$360,000	–	7,203	–	0.02%	–
WH	New	WYNDHAM HOTELS & RESORT INC	$311,000	–	4,300	–	0.02%	–
ALB	New	ALBEMARLE CORP	$236,000	–	1,400	–	0.01%	–
AEE	New	AMEREN	$200,000	–	2,500	–	0.01%	–
PSA	New	PUBLIC STORAGE	$210,000	–	700	–	0.01%	–
OVV	New	OVINTIV INC	$193,000	–	6,120	–	0.01%	–
CCI	New	CROWN CASTLE INTL CORP	$195,000	–	1,000	–	0.01%	–
TELL	New	TELLURIAN INC	$186,000	–	40,000	–	0.01%	–
KMB	New	KIMBERLY-CLARK	$161,000	–	1,200	–	0.01%	–
RSG	New	REPUBLIC SERVICES-CL A	$143,000	–	1,300	–	0.01%	–
PNC	New	PNC FINANCIAL	$132,000	–	690	–	0.01%	–
AR	New	ANTERO RESOURCES CORP	$132,000	–	8,800	–	0.01%	–
AETUF	New	ARC RESOURCES LTD	$135,000	–	15,900	–	0.01%	–
ED	New	CONSOLIDATED EDISON	$100,000	–	1,400	–	0.01%	–
MEGEF	New	MEG ENERGY	$103,000	–	14,170	–	0.01%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$93,000	–	900	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
BP	Exit	BP ADR	$0	–	-459	–	0.00%	–
KMI	Exit	KINDER MORGAN	$0	–	-725	–	-0.00%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-3,502	–	-0.00%	–
FTV	Exit	FORTIVE CORP	$0	–	-265	–	-0.00%	–
ITT	Exit	ITT	$0	–	-400	–	-0.00%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-300	–	-0.00%	–
ALC	Exit	ALCON INC	$0	–	-175	–	-0.00%	–
PM	Exit	PHILIP MORRIS	$0	–	-500	–	-0.00%	–
TELL	Exit	TELLURIAN INC	$0	–	-40,000	–	-0.00%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.00%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.00%	–
LHX	Exit	L3HARRIS TECHNOLOGIES	$0	–	-390	–	-0.00%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-900	–	-0.00%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.00%	–
NVS	Exit	NOVARTIS-ADR	$0	–	-876	–	-0.01%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.01%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-1,400	–	-0.01%	–
ORCL	Exit	ORACLE	$0	–	-1,500	–	-0.01%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY-CL B	$0	–	-496	–	-0.01%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-680	–	-0.01%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.01%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETF	$0	–	-1,500	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
DE	Exit	DEERE & CO	$0	–	-500	–	-0.01%	–
INTC	Exit	INTEL	$0	–	-2,400	–	-0.01%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.01%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.01%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-700	–	-0.01%	–
GOOG	Exit	ALPHABET INC- CL C	$0	–	-100	–	-0.01%	–
TLH	Exit	ISHARES 10-20 YEAR TREASURY	$0	–	-909	–	-0.01%	–
VNQ	Exit	VANGUARD REIT ETF	$0	–	-2,124	–	-0.01%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.01%	–
AEE	Exit	AMEREN	$0	–	-2,500	–	-0.01%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.01%	–
NKE	Exit	NIKE-B	$0	–	-2,000	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-2,400	–	-0.02%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.02%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.02%	–
IGSB	Exit	ISHARES LEHMAN 1-3 YEAR CREDIT	$0	–	-6,686	–	-0.02%	–
FB	Exit	FACEBOOK-A	$0	–	-1,800	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-13,100	–	-0.04%	–
TCEHY	Exit	TENCENT HOLDINGS LTD-UNS ADR	$0	–	-11,500	–	-0.05%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-12,700	–	-0.05%	–
OC	Exit	OWENS CORNING	$0	–	-13,000	–	-0.05%	–
BABA	Exit	ALIBABA GROUP HOLDING-SPONSORED ADR	$0	–	-3,100	–	-0.05%	–
TSM	Exit	TAIWAN SEMICONDUCTOR-SP ADR	$0	–	-12,200	–	-0.06%	–
SUSB	Exit	ISHARES ESG 1-5 YEAR	$0	–	-39,800	–	-0.06%	–
GOOGL	Exit	ALPHABET INC-CL A	$0	–	-720	–	-0.06%	–
AMZN	Exit	AMAZON.COM	$0	–	-347	–	-0.06%	–
KO	Exit	COCA-COLA	$0	–	-29,510	–	-0.09%	–
MA	Exit	MASTERCARD	$0	–	-4,400	–	-0.09%	–
AGG	Exit	ISHARES LEHMAN AGG BOND ETF	$0	–	-14,172	–	-0.10%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-10,500	–	-0.10%	–
VGK	Exit	VANGUARD FTSE EUROPE ETF	$0	–	-34,300	–	-0.11%	–
FDX	Exit	FEDEX	$0	–	-8,100	–	-0.12%	–
V	Exit	VISA INC-CL A	$0	–	-10,600	–	-0.13%	–
IJH	Exit	ISHARES S&P MIDCAP 400	$0	–	-12,665	–	-0.14%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS	$0	–	-9,497	–	-0.19%	–
MBB	Exit	ISHARES BARCLAYS MBS BOND FUND	$0	–	-49,439	–	-0.32%	–
SCHM	Exit	SCHWAB US MID CAP ETF	$0	–	-108,298	–	-0.36%	–
PEG	Exit	PUBLIC SERVICE ENTERPRISE GROUP	$0	–	-274,300	–	-0.89%	–
CVX	Exit	CHEVRON	$0	–	-211,350	–	-0.90%	–
WMB	Exit	WILLIAMS COS	$0	–	-785,300	–	-0.92%	–
SBUX	Exit	STARBUCKS	$0	–	-185,200	–	-0.94%	–
CAG	Exit	CONAGRA	$0	–	-456,500	–	-0.97%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-282,300	–	-0.98%	–
YUM	Exit	YUM! BRANDS	$0	–	-184,600	–	-1.00%	–
COG	Exit	CABOT OIL & GAS CORP	$0	–	-971,500	–	-1.00%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-142,260	–	-1.03%	–
KR	Exit	KROGER	$0	–	-514,200	–	-1.04%	–
AMT	Exit	AMERICAN TOWER	$0	–	-72,500	–	-1.04%	–
RTX	Exit	RAYTHEON TECH CORP	$0	–	-305,000	–	-1.04%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL	$0	–	-565,900	–	-1.05%	–
RSG	Exit	REPUBLIC SERVICES-CL A	$0	–	-192,700	–	-1.07%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-232,600	–	-1.07%	–
PFE	Exit	PFIZER	$0	–	-508,870	–	-1.11%	–
ABBV	Exit	ABBVIE	$0	–	-215,600	–	-1.12%	–
DTE	Exit	DTE ENERGY	$0	–	-164,900	–	-1.12%	–
AVGO	Exit	BROADCOM INC	$0	–	-55,400	–	-1.20%	–
GIS	Exit	GENERAL MILLS	$0	–	-327,000	–	-1.20%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-263,300	–	-1.22%	–
AMP	Exit	AMERIPRISE FINANCIAL	$0	–	-136,400	–	-1.25%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-269,800	–	-1.31%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-252,900	–	-1.34%	–
PLD	Exit	PROLOGIS	$0	–	-226,500	–	-1.35%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-155,100	–	-1.36%	–
MDT	Exit	MEDTRONIC	$0	–	-222,100	–	-1.37%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-157,600	–	-1.37%	–
DUK	Exit	DUKE ENERGY	$0	–	-266,100	–	-1.40%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-161,600	–	-1.43%	–
HON	Exit	HONEYWELL INTL	$0	–	-151,900	–	-1.48%	–
DOV	Exit	DOVER CORP	$0	–	-231,700	–	-1.49%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-156,300	–	-1.50%	–
QCOM	Exit	QUALCOMM	$0	–	-227,300	–	-1.59%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-682,100	–	-1.59%	–
WMT	Exit	WAL-MART STORES	$0	–	-192,920	–	-1.60%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-193,450	–	-1.64%	–
AAPL	Exit	APPLE	$0	–	-240,700	–	-1.65%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-465,400	–	-1.66%	–
PEP	Exit	PEPSICO	$0	–	-206,100	–	-1.70%	–
MSFT	Exit	MICROSOFT	$0	–	-136,860	–	-1.71%	–
ARE	Exit	ALEXANDRIA REAL ESTATE EQUITIES	$0	–	-180,500	–	-1.71%	–
PAYX	Exit	PAYCHEX	$0	–	-365,700	–	-1.73%	–
BAC	Exit	BANK OF AMERICA	$0	–	-1,269,700	–	-1.82%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-86,600	–	-1.82%	–
CCI	Exit	CROWN CASTLE INTL CORP	$0	–	-189,800	–	-1.88%	–
TFC	Exit	TRUIST FINANCIAL CORPORATION	$0	–	-836,700	–	-1.89%	–
UNP	Exit	UNION PACIFIC	$0	–	-164,200	–	-1.92%	–
AMGN	Exit	AMGEN	$0	–	-132,290	–	-2.00%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-304,600	–	-2.04%	–
T	Exit	AT&T	$0	–	-1,238,870	–	-2.10%	–
LLY	Exit	ELI LILLY & CO	$0	–	-240,600	–	-2.11%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-92,961	–	-2.11%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-179,200	–	-2.14%	–
MS	Exit	MORGAN STANLEY	$0	–	-745,500	–	-2.14%	–
HD	Exit	HOME DEPOT	$0	–	-130,100	–	-2.14%	–
MRK	Exit	MERCK & CO	$0	–	-438,810	–	-2.16%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-656,400	–	-2.16%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-650,090	–	-2.29%	–
CMCSA	Exit	COMCAST-A	$0	–	-851,100	–	-2.34%	–
MCD	Exit	MCDONALD'S	$0	–	-180,600	–	-2.35%	–
IVW	Exit	ISHARES S&P 500 GROWTH ETF	$0	–	-173,699	–	-2.38%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-445,817	–	-2.55%	–

Q3 2020

			Value		Shares		↓ Weighting
JPM	Buy	JPMORGAN CHASE	$42,919,000	+6.9%	445,817	+4.5%	2.55%	-0.5%
IVW	Buy	ISHARES S&P 500 GROWTH ETF	$40,138,000	+14.1%	173,699	+2.5%	2.38%	+6.2%
MCD	Buy	MCDONALD'S	$39,640,000	+24.5%	180,600	+4.6%	2.35%	+15.9%
CMCSA	Buy	COMCAST-A	$39,372,000	+24.6%	851,100	+5.0%	2.34%	+15.9%
VZ	Buy	VERIZON COMMUNICATIONS	$38,674,000	+13.4%	650,090	+5.1%	2.29%	+5.6%
DD	Buy	DUPONT DE NEMOURS INC	$36,417,000	+138.7%	656,400	+128.6%	2.16%	+122.3%
MRK	Buy	MERCK & CO	$36,399,000	+12.2%	438,810	+4.6%	2.16%	+4.5%
HD	Buy	HOME DEPOT	$36,130,000	+47.9%	130,100	+33.4%	2.14%	+37.7%
MS	Buy	MORGAN STANLEY	$36,045,000	+7.1%	745,500	+7.0%	2.14%	-0.3%
GS	Buy	GOLDMAN SACHS GROUP	$36,014,000	+42.7%	179,200	+40.3%	2.14%	+32.9%
LMT	Sell	LOCKHEED MARTIN	$35,630,000	-15.4%	92,961	-19.5%	2.11%	-21.3%
LLY	Buy	ELI LILLY & CO	$35,614,000	-7.0%	240,600	+3.1%	2.11%	-13.4%
T	Buy	AT&T	$35,320,000	+19.5%	1,238,870	+26.8%	2.10%	+11.3%
WM	Buy	WASTE MANAGEMENT	$34,472,000	+17.5%	304,600	+10.0%	2.04%	+9.4%
AMGN	Buy	AMGEN	$33,623,000	+80.8%	132,290	+67.8%	2.00%	+68.4%
UNP	Buy	UNION PACIFIC	$32,326,000	+78.7%	164,200	+53.5%	1.92%	+66.3%
TFC	Buy	TRUIST FINANCIAL CORPORATION	$31,836,000	+64.7%	836,700	+62.6%	1.89%	+53.3%
CCI	Buy	CROWN CASTLE INTL CORP	$31,602,000	+4.4%	189,800	+5.0%	1.88%	-2.7%
COST	Buy	COSTCO WHOLESALE	$30,743,000	+23.5%	86,600	+5.5%	1.82%	+14.9%
BAC	Buy	BANK OF AMERICA	$30,587,000	+7.5%	1,269,700	+6.0%	1.82%	+0.1%
PAYX	Buy	PAYCHEX	$29,172,000	+9.3%	365,700	+3.8%	1.73%	+1.8%
ARE	Buy	ALEXANDRIA REAL ESTATE EQUITIES	$28,880,000	+3.5%	180,500	+4.9%	1.71%	-3.7%
MSFT	Sell	MICROSOFT	$28,786,000	-41.5%	136,860	-43.4%	1.71%	-45.6%
PEP	Buy	PEPSICO	$28,565,000	+9.4%	206,100	+4.4%	1.70%	+1.8%
BMY	Sell	BRISTOL-MYERS SQUIBB	$28,059,000	-15.9%	465,400	-18.0%	1.66%	-21.7%
AAPL	Buy	APPLE	$27,875,000	-11.9%	240,700	+177.6%	1.65%	-18.0%
TXN	Buy	TEXAS INSTRUMENTS	$27,623,000	+52.3%	193,450	+35.4%	1.64%	+41.8%
WMT	Buy	WAL-MART STORES	$26,991,000	+5244.8%	192,920	+4471.6%	1.60%	+4903.1%
CSCO	Sell	CISCO SYSTEMS	$26,868,000	-32.1%	682,100	-19.6%	1.59%	-36.8%
QCOM	Sell	QUALCOMM	$26,749,000	+17.0%	227,300	-9.3%	1.59%	+8.9%
SWK	New	STANLEY BLACK & DECKER INC	$25,352,000	–	156,300	–	1.50%	–
DOV	New	DOVER CORP	$25,102,000	–	231,700	–	1.49%	–
HON	Sell	HONEYWELL INTL	$25,004,000	+12.7%	151,900	-1.0%	1.48%	+4.8%
JNJ	Buy	JOHNSON & JOHNSON	$24,059,000	+47.2%	161,600	+39.1%	1.43%	+37.1%
DUK	Buy	DUKE ENERGY	$23,566,000	+15.9%	266,100	+4.6%	1.40%	+7.9%
DLR	Sell	DIGITAL REALTY REIT	$23,129,000	-31.2%	157,600	-33.4%	1.37%	-36.0%
MDT	Sell	MEDTRONIC	$23,081,000	-28.7%	222,100	-37.1%	1.37%	-33.6%
KMB	Buy	KIMBERLY-CLARK	$22,902,000	+9.4%	155,100	+4.7%	1.36%	+1.9%
PLD	Sell	PROLOGIS	$22,790,000	+0.9%	226,500	-6.4%	1.35%	-6.1%
ALB	New	ALBEMARLE CORP	$22,579,000	–	252,900	–	1.34%	–
AEP	Buy	AMERICAN ELECTRIC POWER	$22,051,000	+7.2%	269,800	+4.5%	1.31%	-0.2%
AMP	New	AMERIPRISE FINANCIAL	$21,021,000	–	136,400	–	1.25%	–
CINF	New	CINCINNATI FINANCIAL	$20,530,000	–	263,300	–	1.22%	–
GIS	Sell	GENERAL MILLS	$20,169,000	-22.9%	327,000	-23.0%	1.20%	-28.2%
AVGO	Buy	BROADCOM INC	$20,183,000	+23.5%	55,400	+6.9%	1.20%	+14.9%
DTE	Buy	DTE ENERGY	$18,970,000	+11.7%	164,900	+4.4%	1.12%	+4.0%
ABBV	Buy	ABBVIE	$18,884,000	-7.8%	215,600	+3.4%	1.12%	-14.2%
PFE	Buy	PFIZER	$18,676,000	+17.3%	508,870	+4.5%	1.11%	+9.3%
ED	Buy	CONSOLIDATED EDISON	$18,096,000	+13.7%	232,600	+5.1%	1.07%	+5.9%
RSG	Buy	REPUBLIC SERVICES-CL A	$17,989,000	+19.3%	192,700	+4.9%	1.07%	+11.0%
FNF	Buy	FIDELITY NATIONAL FINANCIAL	$17,718,000	+7.6%	565,900	+5.4%	1.05%	+0.2%
RTX	Sell	RAYTHEON TECH CORP	$17,550,000	-12.0%	305,000	-5.7%	1.04%	-18.1%
AMT	Buy	AMERICAN TOWER	$17,525,000	+927.3%	72,500	+998.5%	1.04%	+854.1%
KR	New	KROGER	$17,437,000	–	514,200	–	1.04%	–
IBM	Sell	INTL BUSINESS MACHINES	$17,309,000	-37.5%	142,260	-37.9%	1.03%	-41.8%
COG	New	CABOT OIL & GAS CORP	$16,865,000	–	971,500	–	1.00%	–
YUM	Buy	YUM! BRANDS	$16,854,000	+10.9%	184,600	+5.5%	1.00%	+3.2%
CVS	Sell	CVS HEALTH CORP	$16,486,000	-29.3%	282,300	-21.3%	0.98%	-34.2%
CAG	Sell	CONAGRA	$16,302,000	-29.6%	456,500	-30.7%	0.97%	-34.5%
SBUX	Buy	STARBUCKS	$15,912,000	+21.9%	185,200	+4.5%	0.94%	+13.5%
WMB	New	WILLIAMS COS	$15,431,000	–	785,300	–	0.92%	–
CVX	Sell	CHEVRON	$15,217,000	-46.9%	211,350	-34.2%	0.90%	-50.5%
PEG	Buy	PUBLIC SERVICE ENTERPRISE GROUP	$15,062,000	+17.0%	274,300	+4.7%	0.89%	+8.9%
SCHM	Sell	SCHWAB US MID CAP ETF	$6,008,000	+2.8%	108,298	-2.5%	0.36%	-4.6%
MBB	New	ISHARES BARCLAYS MBS BOND FUND	$5,458,000	–	49,439	–	0.32%	–
IJH	Buy	ISHARES S&P MIDCAP 400	$2,347,000	+5.1%	12,665	+0.8%	0.14%	-2.1%
V	Buy	VISA INC-CL A	$2,120,000	+74.2%	10,600	+68.3%	0.13%	+61.5%
FDX	New	FEDEX	$2,037,000	–	8,100	–	0.12%	–
VGK	New	VANGUARD FTSE EUROPE ETF	$1,798,000	–	34,300	–	0.11%	–
MA	Buy	MASTERCARD	$1,488,000	+179.7%	4,400	+144.4%	0.09%	+158.8%
KO	Sell	COCA-COLA	$1,457,000	-92.2%	29,510	-93.0%	0.09%	-92.8%
SUSB	Buy	ISHARES ESG 1-5 YEAR	$1,039,000	+36.9%	39,800	+36.3%	0.06%	+29.2%
OC	New	OWENS CORNING	$895,000	–	13,000	–	0.05%	–
EMR	New	EMERSON ELECTRIC	$833,000	–	12,700	–	0.05%	–
IGSB	Sell	ISHARES LEHMAN 1-3 YEAR CREDIT	$367,000	-93.5%	6,686	-93.5%	0.02%	-93.9%
VNQ	New	VANGUARD REIT ETF	$168,000	–	2,124	–	0.01%	–
INTC	Sell	INTEL	$124,000	-99.4%	2,400	-99.3%	0.01%	-99.5%
GILD	Sell	GILEAD SCIENCES	$88,000	-94.5%	1,400	-93.3%	0.01%	-95.1%
KMI	Sell	KINDER MORGAN	$9,000	-100.0%	725	-100.0%	0.00%	-99.9%
MXIM	Exit	MAXIM INTEGRATED PRODUCTS	$0	–	-276,000	–	-1.07%	–
USB	Exit	US BANCORP	$0	–	-551,300	–	-1.29%	–
C	Exit	CITIGROUP	$0	–	-420,700	–	-1.37%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-1,434,600	–	-1.66%	–
HTA	Exit	HEALTHCARE TRUST OF AME-CL A	$0	–	-988,400	–	-1.67%	–

Q2 2020

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT	$49,241,000	–	241,960	–	3.14%	–
LMT	New	LOCKHEED MARTIN	$42,134,000	–	115,461	–	2.68%	–
JPM	New	JPMORGAN CHASE	$40,137,000	–	426,717	–	2.56%	–
CSCO	New	CISCO SYSTEMS	$39,583,000	–	848,700	–	2.52%	–
LLY	New	ELI LILLY & CO	$38,303,000	–	233,300	–	2.44%	–
IVW	New	ISHARES S&P 500 GROWTH ETF	$35,163,000	–	169,469	–	2.24%	–
VZ	New	VERIZON COMMUNICATIONS	$34,103,000	–	618,590	–	2.17%	–
MS	New	MORGAN STANLEY	$33,651,000	–	696,700	–	2.14%	–
DLR	New	DIGITAL REALTY REIT	$33,623,000	–	236,600	–	2.14%	–
BMY	New	BRISTOL-MYERS SQUIBB	$33,363,000	–	567,400	–	2.13%	–
MRK	New	MERCK & CO	$32,433,000	–	419,410	–	2.07%	–
MDT	New	MEDTRONIC	$32,361,000	–	352,900	–	2.06%	–
MCD	New	MCDONALD'S	$31,840,000	–	172,600	–	2.03%	–
AAPL	New	APPLE	$31,628,000	–	86,700	–	2.02%	–
CMCSA	New	COMCAST-A	$31,609,000	–	810,900	–	2.02%	–
CCI	New	CROWN CASTLE INTL CORP	$30,257,000	–	180,800	–	1.93%	–
T	New	AT&T	$29,545,000	–	977,350	–	1.88%	–
WM	New	WASTE MANAGEMENT	$29,337,000	–	277,000	–	1.87%	–
CVX	New	CHEVRON	$28,656,000	–	321,150	–	1.83%	–
KMI	New	KINDER MORGAN	$28,637,000	–	1,887,725	–	1.82%	–
BAC	New	BANK OF AMERICA	$28,453,000	–	1,198,000	–	1.81%	–
ARE	New	ALEXANDRIA REAL ESTATE EQUITIES	$27,907,000	–	172,000	–	1.78%	–
IBM	New	INTL BUSINESS MACHINES	$27,676,000	–	229,160	–	1.76%	–
PAYX	New	PAYCHEX	$26,687,000	–	352,300	–	1.70%	–
HTA	New	HEALTHCARE TRUST OF AME-CL A	$26,212,000	–	988,400	–	1.67%	–
GIS	New	GENERAL MILLS	$26,170,000	–	424,500	–	1.67%	–
PEP	New	PEPSICO	$26,121,000	–	197,500	–	1.66%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$26,067,000	–	1,434,600	–	1.66%	–
GS	New	GOLDMAN SACHS GROUP	$25,236,000	–	127,700	–	1.61%	–
COST	New	COSTCO WHOLESALE	$24,894,000	–	82,100	–	1.59%	–
HD	New	HOME DEPOT	$24,425,000	–	97,500	–	1.56%	–
CVS	New	CVS HEALTH CORP	$23,318,000	–	358,900	–	1.49%	–
CAG	New	CONAGRA	$23,166,000	–	658,700	–	1.48%	–
QCOM	New	QUALCOMM	$22,857,000	–	250,600	–	1.46%	–
PLD	New	PROLOGIS	$22,595,000	–	242,100	–	1.44%	–
HON	New	HONEYWELL INTL	$22,195,000	–	153,500	–	1.42%	–
INTC	New	INTEL	$21,654,000	–	361,930	–	1.38%	–
C	New	CITIGROUP	$21,498,000	–	420,700	–	1.37%	–
KMB	New	KIMBERLY-CLARK	$20,934,000	–	148,100	–	1.33%	–
AEP	New	AMERICAN ELECTRIC POWER	$20,563,000	–	258,200	–	1.31%	–
ABBV	New	ABBVIE	$20,471,000	–	208,500	–	1.30%	–
DUK	New	DUKE ENERGY	$20,332,000	–	254,500	–	1.30%	–
USB	New	US BANCORP	$20,299,000	–	551,300	–	1.29%	–
RTX	New	RAYTHEON TECH CORP	$19,940,000	–	323,600	–	1.27%	–
TFC	New	TRUIST FINANCIAL CORPORATION	$19,327,000	–	514,700	–	1.23%	–
KO	New	COCA-COLA	$18,788,000	–	420,510	–	1.20%	–
AMGN	New	AMGEN	$18,598,000	–	78,850	–	1.18%	–
TXN	New	TEXAS INSTRUMENTS	$18,138,000	–	142,850	–	1.16%	–
UNP	New	UNION PACIFIC	$18,090,000	–	107,000	–	1.15%	–
DTE	New	DTE ENERGY	$16,985,000	–	158,000	–	1.08%	–
MXIM	New	MAXIM INTEGRATED PRODUCTS	$16,728,000	–	276,000	–	1.07%	–
FNF	New	FIDELITY NATIONAL FINANCIAL	$16,464,000	–	537,000	–	1.05%	–
AVGO	New	BROADCOM INC	$16,349,000	–	51,800	–	1.04%	–
JNJ	New	JOHNSON & JOHNSON	$16,341,000	–	116,200	–	1.04%	–
ED	New	CONSOLIDATED EDISON	$15,918,000	–	221,300	–	1.01%	–
PFE	New	PFIZER	$15,917,000	–	486,770	–	1.01%	–
DD	New	DUPONT DE NEMOURS INC	$15,259,000	–	287,199	–	0.97%	–
YUM	New	YUM! BRANDS	$15,201,000	–	174,900	–	0.97%	–
RSG	New	REPUBLIC SERVICES-CL A	$15,073,000	–	183,700	–	0.96%	–
SBUX	New	STARBUCKS	$13,048,000	–	177,300	–	0.83%	–
PEG	New	PUBLIC SERVICE ENTERPRISE GROUP	$12,875,000	–	261,900	–	0.82%	–
SCHM	New	SCHWAB US MID CAP ETF	$5,846,000	–	111,098	–	0.37%	–
IGSB	New	ISHARES LEHMAN 1-3 YEAR CREDIT	$5,625,000	–	102,820	–	0.36%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS	$2,928,000	–	9,497	–	0.19%	–
IJH	New	ISHARES S&P MIDCAP 400	$2,234,000	–	12,562	–	0.14%	–
AMT	New	AMERICAN TOWER	$1,706,000	–	6,600	–	0.11%	–
AGG	New	ISHARES LEHMAN AGG BOND ETF	$1,675,000	–	14,172	–	0.11%	–
GILD	New	GILEAD SCIENCES	$1,600,000	–	20,800	–	0.10%	–
V	New	VISA INC-CL A	$1,217,000	–	6,300	–	0.08%	–
UPS	New	UNITED PARCEL SERVICE	$1,167,000	–	10,500	–	0.07%	–
GOOGL	New	ALPHABET INC-CL A	$1,021,000	–	720	–	0.06%	–
AMZN	New	AMAZON.COM	$957,000	–	347	–	0.06%	–
PSX	New	PHILLIPS 66	$942,000	–	13,100	–	0.06%	–
SUSB	New	ISHARES ESG 1-5 YEAR	$759,000	–	29,200	–	0.05%	–
TCEHY	New	TENCENT HOLDINGS LTD-UNS ADR	$736,000	–	11,500	–	0.05%	–
TSM	New	TAIWAN SEMICONDUCTOR-SP ADR	$693,000	–	12,200	–	0.04%	–
BABA	New	ALIBABA GROUP HOLDING-SPONSORED ADR	$669,000	–	3,100	–	0.04%	–
MA	New	MASTERCARD	$532,000	–	1,800	–	0.03%	–
WMT	New	WAL-MART STORES	$505,000	–	4,220	–	0.03%	–
FB	New	FACEBOOK-A	$409,000	–	1,800	–	0.03%	–
BRKA	New	BERKSHIRE HATHAWAY	$267,000	–	1	–	0.02%	–
TMO	New	THERMO FISHER SCIENTIFIC	$254,000	–	700	–	0.02%	–
MCHP	New	MICROCHIP TECHNOLOGY	$253,000	–	2,400	–	0.02%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$192,000	–	1,000	–	0.01%	–
NKE	New	NIKE-B	$196,000	–	2,000	–	0.01%	–
ECL	New	ECOLAB	$179,000	–	900	–	0.01%	–
AEE	New	AMEREN	$176,000	–	2,500	–	0.01%	–
TLH	New	ISHARES 10-20 YEAR TREASURY	$152,000	–	909	–	0.01%	–
GOOG	New	ALPHABET INC- CL C	$141,000	–	100	–	0.01%	–
PSA	New	PUBLIC STORAGE	$134,000	–	700	–	0.01%	–
COF	New	CAPITAL ONE FINL	$123,000	–	1,969	–	0.01%	–
DVY	New	ISHARES SELECT DIVIDEND ETF	$121,000	–	1,500	–	0.01%	–
DHR	New	DANAHER	$106,000	–	600	–	0.01%	–
CSX	New	CSX	$105,000	–	1,500	–	0.01%	–
SCHW	New	CHARLES SCHWAB	$89,000	–	2,633	–	0.01%	–
BRKB	New	BERKSHIRE HATHAWAY-CL B	$89,000	–	496	–	0.01%	–
NVS	New	NOVARTIS-ADR	$77,000	–	876	–	0.01%	–
ORCL	New	ORACLE	$83,000	–	1,500	–	0.01%	–
DE	New	DEERE & CO	$79,000	–	500	–	0.01%	–
PG	New	PROCTER & GAMBLE	$81,000	–	680	–	0.01%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$59,000	–	900	–	0.00%	–
LHX	New	L3HARRIS TECHNOLOGIES	$66,000	–	390	–	0.00%	–
J	New	JACOBS ENGINEERING	$59,000	–	700	–	0.00%	–
ITW	New	ILLINOIS TOOL WORKS	$70,000	–	400	–	0.00%	–
SRCL	New	STERICYCLE	$67,000	–	1,200	–	0.00%	–
CL	New	COLGATE-PALMOLIVE	$44,000	–	600	–	0.00%	–
TELL	New	TELLURIAN INC	$46,000	–	40,000	–	0.00%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$36,000	–	900	–	0.00%	–
GE	New	GENERAL ELECTRIC	$24,000	–	3,502	–	0.00%	–
PM	New	PHILIP MORRIS	$35,000	–	500	–	0.00%	–
BP	New	BP ADR	$11,000	–	459	–	0.00%	–
FTV	New	FORTIVE CORP	$18,000	–	265	–	0.00%	–
COP	New	CONOCOPHILLIPS	$13,000	–	300	–	0.00%	–
ITT	New	ITT	$23,000	–	400	–	0.00%	–
ALC	New	ALCON INC	$10,000	–	175	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
BP	Exit	BP ADR	$0	–	-459	–	-0.00%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-300	–	-0.00%	–
ALC	Exit	ALCON INC	$0	–	-175	–	-0.00%	–
FTV	Exit	FORTIVE CORP	$0	–	-265	–	-0.00%	–
DVN	Exit	DEVON ENERGY	$0	–	-800	–	-0.00%	–
ITT	Exit	ITT	$0	–	-400	–	-0.00%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-3,502	–	-0.00%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.00%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.00%	–
XOM	Exit	EXXON MOBIL	$0	–	-856	–	-0.00%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.00%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-400	–	-0.00%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.00%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.00%	–
NVS	Exit	NOVARTIS-ADR	$0	–	-876	–	-0.01%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.01%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-900	–	-0.01%	–
ORCL	Exit	ORACLE	$0	–	-1,500	–	-0.01%	–
DE	Exit	DEERE & CO	$0	–	-500	–	-0.01%	–
LHX	Exit	L3HARRIS TECHNOLOGIES	$0	–	-390	–	-0.01%	–
PNC	Exit	PNC FINANCIAL	$0	–	-600	–	-0.01%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-680	–	-0.01%	–
WFC	Exit	WELLS FARGO	$0	–	-1,800	–	-0.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY-CL B	$0	–	-496	–	-0.01%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
GOOGL	Exit	ALPHABET INC-CL A	$0	–	-100	–	-0.01%	–
GOOG	Exit	ALPHABET INC- CL C	$0	–	-100	–	-0.01%	–
TLH	Exit	ISHARES 10-20 YEAR TREASURY	$0	–	-909	–	-0.01%	–
HCP	Exit	HCP	$0	–	-3,800	–	-0.01%	–
AMGN	Exit	AMGEN	$0	–	-650	–	-0.01%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETF	$0	–	-1,500	–	-0.01%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.01%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-1,400	–	-0.01%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.01%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-700	–	-0.01%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.01%	–
HEFA	Exit	ISHA CURR HEDGED MSCI EAFE	$0	–	-6,600	–	-0.01%	–
NKE	Exit	NIKE-B	$0	–	-2,000	–	-0.01%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.01%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-3,600	–	-0.02%	–
MET	Exit	METLIFE	$0	–	-5,300	–	-0.02%	–
KO	Exit	COCA-COLA	$0	–	-4,600	–	-0.02%	–
COR	Exit	CORESITE REALTY CORP	$0	–	-2,200	–	-0.02%	–
AAPL	Exit	APPLE	$0	–	-1,400	–	-0.02%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.02%	–
CVX	Exit	CHEVRON	$0	–	-2,550	–	-0.02%	–
VNQ	Exit	VANGUARD REIT ETF	$0	–	-3,400	–	-0.02%	–
TELL	Exit	TELLURIAN INC	$0	–	-40,000	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-3,900	–	-0.02%	–
AEE	Exit	AMEREN	$0	–	-5,200	–	-0.03%	–
WMT	Exit	WAL-MART STORES	$0	–	-4,220	–	-0.03%	–
BBT	Exit	BB&T CORPORATION	$0	–	-9,800	–	-0.04%	–
	Exit	BANCO LATINOAMERICANO COME-E	$0	–	-36,144	–	-0.05%	–
ABBV	Exit	ABBVIE	$0	–	-10,200	–	-0.05%	–
SUSB	Exit	ISHARES ESG 1-5 YEAR	$0	–	-39,900	–	-0.07%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-9,200	–	-0.08%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-22,800	–	-0.10%	–
WMB	Exit	WILLIAMS COS	$0	–	-73,400	–	-0.12%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-16,426	–	-0.16%	–
IJH	Exit	ISHARES S&P MIDCAP 400	$0	–	-12,380	–	-0.16%	–
AGG	Exit	ISHARES LEHMAN AGG BOND ETF	$0	–	-67,590	–	-0.52%	–
BA	Exit	BOEING	$0	–	-33,000	–	-0.85%	–
SPG	Exit	SIMON PROPERTY GROUP	$0	–	-86,000	–	-0.91%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-109,300	–	-0.96%	–
PEG	Exit	PUBLIC SERVICE ENTERPRISE GROUP	$0	–	-237,800	–	-1.00%	–
SBUX	Exit	STARBUCKS	$0	–	-166,900	–	-1.00%	–
MXIM	Exit	MAXIM INTEGRATED PRODUCTS	$0	–	-259,700	–	-1.02%	–
CCL	Exit	CARNIVAL	$0	–	-346,000	–	-1.03%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-212,501	–	-1.03%	–
SJM	Exit	JM SMUCKER CO	$0	–	-138,700	–	-1.04%	–
GS	Exit	GOLDMAN SACHS GROUP	$0	–	-73,995	–	-1.04%	–
OKE	Exit	ONEOK	$0	–	-209,300	–	-1.05%	–
VLO	Exit	VALERO ENERGY	$0	–	-182,900	–	-1.06%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-316,992	–	-1.09%	–
BAC	Exit	BANK OF AMERICA	$0	–	-571,481	–	-1.13%	–
IVW	Exit	ISHARES S&P 500 GROWTH ETF	$0	–	-97,759	–	-1.20%	–
INTC	Exit	INTEL	$0	–	-341,382	–	-1.20%	–
CCI	Exit	CROWN CASTLE INTL CORP	$0	–	-128,935	–	-1.22%	–
PLD	Exit	PROLOGIS	$0	–	-211,400	–	-1.23%	–
ET	Exit	ENERGY TRANSFER EQUITY	$0	–	-1,382,408	–	-1.23%	–
C	Exit	CITIGROUP	$0	–	-264,985	–	-1.24%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS	$0	–	-69,136	–	-1.40%	–
HD	Exit	HOME DEPOT	$0	–	-89,793	–	-1.42%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-200,000	–	-1.56%	–
KMI	Exit	KINDER MORGAN	$0	–	-1,145,051	–	-1.60%	–
HTA	Exit	HEALTHCARE TRUST OF AME-CL A	$0	–	-805,600	–	-1.61%	–
DTE	Exit	DTE ENERGY	$0	–	-184,408	–	-1.67%	–
ARE	Exit	ALEXANDRIA REAL ESTATE EQUITIES	$0	–	-159,457	–	-1.67%	–
USB	Exit	US BANCORP	$0	–	-473,400	–	-1.78%	–
T	Exit	AT&T	$0	–	-695,915	–	-1.79%	–
GIS	Exit	GENERAL MILLS	$0	–	-487,621	–	-1.83%	–
PAYX	Exit	PAYCHEX	$0	–	-326,781	–	-1.84%	–
PM	Exit	PHILIP MORRIS	$0	–	-374,100	–	-1.93%	–
MMP	Exit	MAGELLAN MIDSTREAM PARTNERS	$0	–	-429,803	–	-1.94%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-220,824	–	-1.95%	–
MS	Exit	MORGAN STANLEY	$0	–	-676,769	–	-1.96%	–
PSX	Exit	PHILLIPS 66	$0	–	-288,459	–	-2.01%	–
LLY	Exit	ELI LILLY & CO	$0	–	-274,656	–	-2.09%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-535,539	–	-2.10%	–
PFE	Exit	PFIZER	$0	–	-861,970	–	-2.11%	–
QCOM	Exit	QUALCOMM	$0	–	-417,900	–	-2.17%	–
MDT	Exit	MEDTRONIC	$0	–	-301,942	–	-2.23%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-354,232	–	-2.28%	–
DUK	Exit	DUKE ENERGY	$0	–	-353,087	–	-2.30%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-118,215	–	-2.32%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-691,129	–	-2.32%	–
PEP	Exit	PEPSICO	$0	–	-249,688	–	-2.33%	–
MCD	Exit	MCDONALD'S	$0	–	-161,291	–	-2.36%	–
MSFT	Exit	MICROSOFT	$0	–	-262,070	–	-2.48%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-390,493	–	-2.49%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-1,284,692	–	-2.50%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-316,308	–	-2.53%	–
CVS	Exit	CVS CAREMARK	$0	–	-594,929	–	-2.55%	–
AVB	Exit	AVALONBAY COMMUNITIES	$0	–	-185,547	–	-2.72%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-696,093	–	-2.86%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-110,111	–	-2.92%	–
MRK	Exit	MERCK & CO	$0	–	-516,880	–	-2.96%	–

Q3 2019

			Value		Shares		↓ Weighting
MRK	Buy	MERCK & CO	$43,511,000	+3.5%	516,880	+3.1%	2.96%	+2.7%
LMT	Buy	LOCKHEED MARTIN	$42,950,000	+7.6%	110,111	+0.3%	2.92%	+6.8%
VZ	Buy	VERIZON COMMUNICATIONS	$42,016,000	+11.1%	696,093	+5.2%	2.86%	+10.3%
AVB	Buy	AVALONBAY COMMUNITIES	$39,954,000	+148.3%	185,547	+134.3%	2.72%	+146.4%
CVS	Buy	CVS CAREMARK	$37,522,000	+41.5%	594,929	+22.2%	2.55%	+40.4%
JPM	Sell	JPMORGAN CHASE	$37,226,000	-15.0%	316,308	-19.3%	2.53%	-15.7%
EPD	Buy	ENTERPRISE PRODUCTS PARTNERS	$36,716,000	-0.4%	1,284,692	+0.6%	2.50%	-1.1%
AEP	Buy	AMERICAN ELECTRIC POWER	$36,585,000	+42.9%	390,493	+34.3%	2.49%	+41.9%
MSFT	Sell	MICROSOFT	$36,436,000	-18.6%	262,070	-21.5%	2.48%	-19.1%
MCD	Buy	MCDONALD'S	$34,631,000	+7.0%	161,291	+3.5%	2.36%	+6.3%
PEP	Buy	PEPSICO	$34,232,000	+7.2%	249,688	+2.5%	2.33%	+6.4%
CSCO	Buy	CISCO SYSTEMS	$34,149,000	-6.4%	691,129	+3.7%	2.32%	-7.0%
COST	Buy	COSTCO WHOLESALE	$34,059,000	+9.2%	118,215	+0.2%	2.32%	+8.4%
DUK	Buy	DUKE ENERGY	$33,847,000	+115.5%	353,087	+98.4%	2.30%	+114.0%
ED	Buy	CONSOLIDATED EDISON	$33,464,000	+106.4%	354,232	+91.6%	2.28%	+104.9%
MDT	Buy	MEDTRONIC	$32,797,000	+52.9%	301,942	+37.1%	2.23%	+51.8%
PFE	Sell	PFIZER	$30,971,000	-19.1%	861,970	-2.5%	2.11%	-19.7%
DAL	Sell	DELTA AIR LINES INC	$30,847,000	+0.4%	535,539	-1.1%	2.10%	-0.4%
LLY	Buy	ELI LILLY & CO	$30,715,000	+4.1%	274,656	+3.1%	2.09%	+3.3%
PSX	Buy	PHILLIPS 66	$29,538,000	+11.7%	288,459	+2.0%	2.01%	+10.9%
MS	Buy	MORGAN STANLEY	$28,878,000	-1.7%	676,769	+0.9%	1.96%	-2.4%
DLR	Buy	DIGITAL REALTY REIT	$28,665,000	+13.0%	220,824	+2.6%	1.95%	+12.2%
MMP	Buy	MAGELLAN MIDSTREAM PARTNERS	$28,483,000	+4.6%	429,803	+1.0%	1.94%	+3.9%
PM	Sell	PHILIP MORRIS	$28,405,000	-7.1%	374,100	-3.9%	1.93%	-7.7%
PAYX	Buy	PAYCHEX	$27,048,000	+3.8%	326,781	+3.2%	1.84%	+3.0%
GIS	Buy	GENERAL MILLS	$26,878,000	+7.8%	487,621	+2.7%	1.83%	+7.0%
T	Buy	AT&T	$26,333,000	+65.9%	695,915	+46.9%	1.79%	+64.8%
ARE	Buy	ALEXANDRIA REAL ESTATE EQUITIES	$24,563,000	+51.4%	159,457	+38.7%	1.67%	+50.3%
DTE	Buy	DTE ENERGY	$24,519,000	+45.9%	184,408	+40.3%	1.67%	+44.9%
HTA	New	HEALTHCARE TRUST OF AME-CL A	$23,669,000	–	805,600	–	1.61%	–
KMI	Buy	KINDER MORGAN	$23,600,000	+1.8%	1,145,051	+3.1%	1.60%	+1.0%
HD	Buy	HOME DEPOT	$20,834,000	+14.1%	89,793	+2.3%	1.42%	+13.3%
C	Buy	CITIGROUP	$18,305,000	+2.5%	264,985	+4.0%	1.24%	+1.8%
ET	Sell	ENERGY TRANSFER EQUITY	$18,082,000	-10.6%	1,382,408	-3.8%	1.23%	-11.3%
CCI	Buy	CROWN CASTLE INTL CORP	$17,923,000	+11.0%	128,935	+4.1%	1.22%	+10.1%
INTC	Sell	INTEL	$17,591,000	-15.6%	341,382	-21.6%	1.20%	-16.1%
BAC	Sell	BANK OF AMERICA	$16,670,000	-45.3%	571,481	-45.6%	1.13%	-45.7%
BMY	New	BRISTOL-MYERS SQUIBB	$16,075,000	–	316,992	–	1.09%	–
VLO	Sell	VALERO ENERGY	$15,590,000	-30.0%	182,900	-29.7%	1.06%	-30.4%
GS	Sell	GOLDMAN SACHS GROUP	$15,334,000	-28.0%	73,995	-28.9%	1.04%	-28.5%
SJM	New	JM SMUCKER CO	$15,260,000	–	138,700	–	1.04%	–
DD	Buy	DUPONT DE NEMOURS INC	$15,153,000	-2.0%	212,501	+3.2%	1.03%	-2.6%
CCL	Buy	CARNIVAL	$15,124,000	+934.5%	346,000	+1001.9%	1.03%	+929.0%
PEG	New	PUBLIC SERVICE ENTERPRISE GROUP	$14,763,000	–	237,800	–	1.00%	–
SBUX	Sell	STARBUCKS	$14,757,000	-34.7%	166,900	-38.1%	1.00%	-35.2%
JNJ	Sell	JOHNSON & JOHNSON	$14,141,000	-47.3%	109,300	-43.3%	0.96%	-47.7%
IJH	Buy	ISHARES S&P MIDCAP 400	$2,392,000	-0.1%	12,380	+0.4%	0.16%	-0.6%
IBM	Sell	INTL BUSINESS MACHINES	$2,389,000	+4.6%	16,426	-0.8%	0.16%	+4.5%
WMB	Sell	WILLIAMS COS	$1,766,000	-91.5%	73,400	-90.1%	0.12%	-91.6%
TXN	Sell	TEXAS INSTRUMENTS	$1,189,000	-92.9%	9,200	-93.7%	0.08%	-92.9%
	New	BANCO LATINOAMERICANO COME-E	$721,000	–	36,144	–	0.05%	–
BBT	Sell	BB&T CORPORATION	$523,000	-53.5%	9,800	-57.2%	0.04%	-53.2%
TELL	New	TELLURIAN INC	$333,000	–	40,000	–	0.02%	–
VNQ	Buy	VANGUARD REIT ETF	$317,000	+25.3%	3,400	+17.2%	0.02%	+29.4%
CVX	Sell	CHEVRON	$302,000	-48.9%	2,550	-46.3%	0.02%	-47.5%
MET	Sell	METLIFE	$250,000	-98.3%	5,300	-98.3%	0.02%	-98.4%
EMR	Sell	EMERSON ELECTRIC	$241,000	-73.3%	3,600	-73.3%	0.02%	-74.2%
UPS	Sell	UNITED PARCEL SERVICE	$168,000	-78.9%	1,400	-81.8%	0.01%	-79.6%
HCP	New	HCP	$135,000	–	3,800	–	0.01%	–
AMGN	Sell	AMGEN	$126,000	-94.9%	650	-95.1%	0.01%	-94.6%
PNC	Sell	PNC FINANCIAL	$84,000	-73.4%	600	-73.9%	0.01%	-72.7%
LHX	New	L3HARRIS TECHNOLOGIES	$81,000	–	390	–	0.01%	–
ALC	New	ALCON INC	$10,000	–	175	–	0.00%	–
LLL	Exit	L-3 TECHNOLOGIES	$0	–	-300	–	-0.01%	–
STI	Exit	SUNTRUST BANKS	$0	–	-12,200	–	-0.05%	–
LVS	Exit	LAS VEGAS SANDS	$0	–	-15,300	–	-0.06%	–
MO	Exit	ALTRIA GROUP	$0	–	-220,284	–	-0.72%	–
BMO	Exit	BANK OF MONTREAL	$0	–	-151,500	–	-0.78%	–
TD	Exit	TORONTO-DOMINION BANK	$0	–	-230,800	–	-0.92%	–
HAS	Exit	HASBRO	$0	–	-171,000	–	-1.24%	–
TRGP	Exit	TARGA RESOURCES	$0	–	-508,300	–	-1.37%	–
NXPI	Exit	NXP SEMICONDUCTORS NV	$0	–	-218,500	–	-1.46%	–

Q2 2019

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT	$44,743,000	–	334,000	–	3.07%	–
JPM	New	JPMORGAN CHASE	$43,816,000	–	391,917	–	3.00%	–
MRK	New	MERCK & CO	$42,051,000	–	501,500	–	2.88%	–
LMT	New	LOCKHEED MARTIN	$39,917,000	–	109,800	–	2.74%	–
PFE	New	PFIZER	$38,289,000	–	883,870	–	2.62%	–
VZ	New	VERIZON COMMUNICATIONS	$37,804,000	–	661,720	–	2.59%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$36,855,000	–	1,276,600	–	2.52%	–
CSCO	New	CISCO SYSTEMS	$36,472,000	–	666,400	–	2.50%	–
MCD	New	MCDONALD'S	$32,353,000	–	155,800	–	2.22%	–
PEP	New	PEPSICO	$31,943,000	–	243,600	–	2.19%	–
QCOM	New	QUALCOMM	$31,790,000	–	417,900	–	2.18%	–
COST	New	COSTCO WHOLESALE	$31,183,000	–	118,000	–	2.14%	–
DAL	New	DELTA AIR LINES INC	$30,730,000	–	541,500	–	2.11%	–
PM	New	PHILIP MORRIS	$30,564,000	–	389,200	–	2.09%	–
BAC	New	BANK OF AMERICA	$30,453,000	–	1,050,100	–	2.09%	–
LLY	New	ELI LILLY & CO	$29,503,000	–	266,296	–	2.02%	–
MS	New	MORGAN STANLEY	$29,383,000	–	670,700	–	2.01%	–
MMP	New	MAGELLAN MIDSTREAM PARTNERS	$27,238,000	–	425,600	–	1.87%	–
JNJ	New	JOHNSON & JOHNSON	$26,825,000	–	192,600	–	1.84%	–
CVS	New	CVS CAREMARK	$26,526,000	–	486,800	–	1.82%	–
PSX	New	PHILLIPS 66	$26,449,000	–	282,760	–	1.81%	–
PAYX	New	PAYCHEX	$26,069,000	–	316,800	–	1.79%	–
AEP	New	AMERICAN ELECTRIC POWER	$25,593,000	–	290,800	–	1.75%	–
DLR	New	DIGITAL REALTY REIT	$25,360,000	–	215,300	–	1.74%	–
GIS	New	GENERAL MILLS	$24,931,000	–	474,700	–	1.71%	–
USB	New	US BANCORP	$24,806,000	–	473,400	–	1.70%	–
KMI	New	KINDER MORGAN	$23,194,000	–	1,110,825	–	1.59%	–
WM	New	WASTE MANAGEMENT	$23,074,000	–	200,000	–	1.58%	–
SBUX	New	STARBUCKS	$22,601,000	–	269,600	–	1.55%	–
VLO	New	VALERO ENERGY	$22,259,000	–	260,000	–	1.52%	–
MDT	New	MEDTRONIC	$21,455,000	–	220,300	–	1.47%	–
NXPI	New	NXP SEMICONDUCTORS NV	$21,328,000	–	218,500	–	1.46%	–
GS	New	GOLDMAN SACHS GROUP	$21,299,000	–	104,100	–	1.46%	–
WMB	New	WILLIAMS COS	$20,865,000	–	744,100	–	1.43%	–
INTC	New	INTEL	$20,833,000	–	435,200	–	1.43%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS	$20,257,000	–	69,136	–	1.39%	–
ET	New	ENERGY TRANSFER EQUITY	$20,236,000	–	1,437,208	–	1.39%	–
TRGP	New	TARGA RESOURCES	$19,956,000	–	508,300	–	1.37%	–
HD	New	HOME DEPOT	$18,260,000	–	87,800	–	1.25%	–
HAS	New	HASBRO	$18,071,000	–	171,000	–	1.24%	–
C	New	CITIGROUP	$17,851,000	–	254,900	–	1.22%	–
IVW	New	ISHARES S&P 500 GROWTH ETF	$17,522,000	–	97,759	–	1.20%	–
PLD	New	PROLOGIS	$16,933,000	–	211,400	–	1.16%	–
DTE	New	DTE ENERGY	$16,803,000	–	131,400	–	1.15%	–
TXN	New	TEXAS INSTRUMENTS	$16,640,000	–	145,000	–	1.14%	–
ARE	New	ALEXANDRIA REAL ESTATE EQUITIES	$16,225,000	–	115,000	–	1.11%	–
ED	New	CONSOLIDATED EDISON	$16,212,000	–	184,900	–	1.11%	–
CCI	New	CROWN CASTLE INTL CORP	$16,150,000	–	123,900	–	1.11%	–
AVB	New	AVALONBAY COMMUNITIES	$16,092,000	–	79,200	–	1.10%	–
T	New	AT&T	$15,870,000	–	473,600	–	1.09%	–
DUK	New	DUKE ENERGY	$15,707,000	–	178,000	–	1.08%	–
MXIM	New	MAXIM INTEGRATED PRODUCTS	$15,535,000	–	259,700	–	1.06%	–
DD	New	DUPONT DE NEMOURS INC	$15,462,000	–	205,965	–	1.06%	–
MET	New	METLIFE	$15,050,000	–	303,000	–	1.03%	–
OKE	New	ONEOK	$14,402,000	–	209,300	–	0.99%	–
SPG	New	SIMON PROPERTY GROUP	$13,739,000	–	86,000	–	0.94%	–
TD	New	TORONTO-DOMINION BANK	$13,469,000	–	230,800	–	0.92%	–
BA	New	BOEING	$12,012,000	–	33,000	–	0.82%	–
BMO	New	BANK OF MONTREAL	$11,431,000	–	151,500	–	0.78%	–
MO	New	ALTRIA GROUP	$10,430,000	–	220,284	–	0.72%	–
AGG	New	ISHARES LEHMAN AGG BOND ETF	$7,526,000	–	67,590	–	0.52%	–
AMGN	New	AMGEN	$2,456,000	–	13,330	–	0.17%	–
IJH	New	ISHARES S&P MIDCAP 400	$2,395,000	–	12,330	–	0.16%	–
IBM	New	INTL BUSINESS MACHINES	$2,284,000	–	16,560	–	0.16%	–
GILD	New	GILEAD SCIENCES	$1,540,000	–	22,800	–	0.11%	–
CCL	New	CARNIVAL	$1,462,000	–	31,400	–	0.10%	–
BBT	New	BB&T CORPORATION	$1,125,000	–	22,900	–	0.08%	–
SUSB	New	ISHARES ESG 1-5 YEAR	$1,011,000	–	39,900	–	0.07%	–
EMR	New	EMERSON ELECTRIC	$901,000	–	13,500	–	0.06%	–
LVS	New	LAS VEGAS SANDS	$904,000	–	15,300	–	0.06%	–
UPS	New	UNITED PARCEL SERVICE	$795,000	–	7,700	–	0.05%	–
STI	New	SUNTRUST BANKS	$767,000	–	12,200	–	0.05%	–
ABBV	New	ABBVIE	$742,000	–	10,200	–	0.05%	–
CVX	New	CHEVRON	$591,000	–	4,750	–	0.04%	–
WMT	New	WAL-MART STORES	$466,000	–	4,220	–	0.03%	–
AEE	New	AMEREN	$391,000	–	5,200	–	0.03%	–
MCHP	New	MICROCHIP TECHNOLOGY	$338,000	–	3,900	–	0.02%	–
BRKA	New	BERKSHIRE HATHAWAY	$318,000	–	1	–	0.02%	–
PNC	New	PNC FINANCIAL	$316,000	–	2,300	–	0.02%	–
AAPL	New	APPLE	$277,000	–	1,400	–	0.02%	–
VNQ	New	VANGUARD REIT ETF	$253,000	–	2,900	–	0.02%	–
COR	New	CORESITE REALTY CORP	$253,000	–	2,200	–	0.02%	–
KO	New	COCA-COLA	$234,000	–	4,600	–	0.02%	–
TMO	New	THERMO FISHER SCIENTIFIC	$206,000	–	700	–	0.01%	–
HEFA	New	ISHA CURR HEDGED MSCI EAFE	$197,000	–	6,600	–	0.01%	–
ECL	New	ECOLAB	$178,000	–	900	–	0.01%	–
COF	New	CAPITAL ONE FINL	$179,000	–	1,969	–	0.01%	–
NKE	New	NIKE-B	$168,000	–	2,000	–	0.01%	–
PSA	New	PUBLIC STORAGE	$167,000	–	700	–	0.01%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$157,000	–	1,000	–	0.01%	–
DVY	New	ISHARES SELECT DIVIDEND ETF	$149,000	–	1,500	–	0.01%	–
TLH	New	ISHARES 10-20 YEAR TREASURY	$130,000	–	909	–	0.01%	–
CSX	New	CSX	$116,000	–	1,500	–	0.01%	–
GOOG	New	ALPHABET INC- CL C	$108,000	–	100	–	0.01%	–
GOOGL	New	ALPHABET INC-CL A	$108,000	–	100	–	0.01%	–
SCHW	New	CHARLES SCHWAB	$106,000	–	2,633	–	0.01%	–
BRKB	New	BERKSHIRE HATHAWAY-CL B	$106,000	–	496	–	0.01%	–
DHR	New	DANAHER	$86,000	–	600	–	0.01%	–
DE	New	DEERE & CO	$83,000	–	500	–	0.01%	–
ORCL	New	ORACLE	$85,000	–	1,500	–	0.01%	–
WFC	New	WELLS FARGO	$85,000	–	1,800	–	0.01%	–
NVS	New	NOVARTIS-ADR	$80,000	–	876	–	0.01%	–
LLL	New	L-3 TECHNOLOGIES	$74,000	–	300	–	0.01%	–
PG	New	PROCTER & GAMBLE	$75,000	–	680	–	0.01%	–
XOM	New	EXXON MOBIL	$66,000	–	856	–	0.01%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$78,000	–	900	–	0.01%	–
ITW	New	ILLINOIS TOOL WORKS	$60,000	–	400	–	0.00%	–
SRCL	New	STERICYCLE	$57,000	–	1,200	–	0.00%	–
J	New	JACOBS ENGINEERING	$59,000	–	700	–	0.00%	–
KMB	New	KIMBERLY-CLARK	$53,000	–	400	–	0.00%	–
CL	New	COLGATE-PALMOLIVE	$43,000	–	600	–	0.00%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$39,000	–	900	–	0.00%	–
GE	New	GENERAL ELECTRIC	$37,000	–	3,502	–	0.00%	–
DVN	New	DEVON ENERGY	$23,000	–	800	–	0.00%	–
ITT	New	ITT	$26,000	–	400	–	0.00%	–
FTV	New	FORTIVE CORP	$22,000	–	265	–	0.00%	–
COP	New	CONOCOPHILLIPS	$18,000	–	300	–	0.00%	–
BP	New	BP ADR	$19,000	–	459	–	0.00%	–

Q4 2018

			Value		Shares		↓ Weighting
AIMC	Exit	ALTRA INDUSTRIAL MOTION	$0	–	-77	–	0.00%	–
VNQ	Exit	VANGUARD REIT ETF	$0	–	-280	–	-0.00%	–
DVN	Exit	DEVON ENERGY	$0	–	-800	–	-0.00%	–
BP	Exit	BP ADR	$0	–	-459	–	-0.00%	–
ITT	Exit	ITT	$0	–	-400	–	-0.00%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-300	–	-0.00%	–
FTV	Exit	FORTIVE CORP	$0	–	-265	–	-0.00%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.00%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.00%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-400	–	-0.00%	–
F	Exit	FORD MOTOR	$0	–	-5,300	–	-0.00%	–
PG	Exit	PROCTER and GAMBLE	$0	–	-680	–	-0.00%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.00%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.00%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.01%	–
LLL	Exit	L-3 TECHNOLOGIES	$0	–	-300	–	-0.01%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.01%	–
DE	Exit	DEERE & CO	$0	–	-500	–	-0.01%	–
NVS	Exit	NOVARTIS-ADR	$0	–	-876	–	-0.01%	–
WFC	Exit	WELLS FARGO	$0	–	-1,800	–	-0.01%	–
LYG	Exit	LLOYDS TSB GROUP PLC	$0	–	-29,100	–	-0.01%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-900	–	-0.01%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-9,502	–	-0.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY-CL B	$0	–	-496	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
OXY	Exit	OCCIDENTAL PETROLEUM	$0	–	-1,300	–	-0.01%	–
GOOG	Exit	ALPHABET INC- CL C	$0	–	-100	–	-0.01%	–
GOOGL	Exit	ALPHABET INC-CL A	$0	–	-100	–	-0.01%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.01%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETF	$0	–	-1,500	–	-0.01%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-700	–	-0.01%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.01%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.01%	–
NKE	Exit	NIKE-B	$0	–	-2,000	–	-0.01%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.01%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.01%	–
HEFA	Exit	ISHA CURR HEDGED MSCI EAFE	$0	–	-6,600	–	-0.02%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS	$0	–	-660	–	-0.02%	–
IGIB	Exit	ISHARES BARCLAYS INTERMEDIATE	$0	–	-4,500	–	-0.02%	–
IJH	Exit	ISHARES S and P MIDCAP 400	$0	–	-1,360	–	-0.02%	–
AAPL	Exit	APPLE	$0	–	-1,400	–	-0.02%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.02%	–
QCOM	Exit	QUALCOMM	$0	–	-4,500	–	-0.02%	–
AEE	Exit	AMEREN	$0	–	-5,200	–	-0.02%	–
ORCL	Exit	ORACLE	$0	–	-6,900	–	-0.03%	–
WMT	Exit	WAL-MART STORES	$0	–	-4,220	–	-0.03%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-5,100	–	-0.03%	–
HYG	Exit	ISHARES IBOXX H/Y CORP BOND ETF	$0	–	-11,400	–	-0.08%	–
	Exit	BANCO LATINOAMERICANO COME-E	$0	–	-47,660	–	-0.08%	–
JNJ	Exit	JOHNSON and JOHNSON	$0	–	-10,200	–	-0.11%	–
PEP	Exit	PEPSICO	$0	–	-19,900	–	-0.17%	–
KO	Exit	COCA-COLA	$0	–	-60,800	–	-0.21%	–
CVX	Exit	CHEVRON	$0	–	-28,550	–	-0.27%	–
TLT	Exit	ISHARES BARCLAYS 20 plus YEAR ETF	$0	–	-63,430	–	-0.57%	–
PRU	Exit	PRUDENTIAL FINANCIAL	$0	–	-110,900	–	-0.86%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-212,700	–	-0.89%	–
UMPQ	Exit	UMPQUA HOLDINGS	$0	–	-572,800	–	-0.91%	–
C	Exit	CITIGROUP	$0	–	-172,200	–	-0.94%	–
MO	Exit	ALTRIA GROUP	$0	–	-207,684	–	-0.95%	–
HBAN	Exit	HUNTINGTON BANCSHARES	$0	–	-846,400	–	-0.96%	–
TRGP	Exit	TARGA RESOURCES	$0	–	-229,400	–	-0.98%	–
DTE	Exit	DTE ENERGY	$0	–	-118,900	–	-0.99%	–
AVB	Exit	AVALONBAY COMMUNITIES	$0	–	-71,700	–	-0.99%	–
FE	Exit	FIRSTENERGY	$0	–	-353,000	–	-1.00%	–
CCL	Exit	CARNIVAL	$0	–	-210,300	–	-1.02%	–
CCI	Exit	CROWN CASTLE INTL CORP	$0	–	-120,980	–	-1.03%	–
PLD	Exit	PROLOGIS	$0	–	-203,800	–	-1.05%	–
COR	Exit	CORESITE REALTY CORP	$0	–	-125,690	–	-1.06%	–
DAL	Exit	DELTA AIR LINES INC	$0	–	-245,600	–	-1.08%	–
ABBV	Exit	ABBVIE	$0	–	-154,300	–	-1.11%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-97,260	–	-1.12%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-194,600	–	-1.14%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-128,300	–	-1.14%	–
LVS	Exit	LAS VEGAS SANDS	$0	–	-259,500	–	-1.17%	–
SBUX	Exit	STARBUCKS	$0	–	-272,500	–	-1.18%	–
BBT	Exit	BB&T CORPORATION	$0	–	-319,400	–	-1.18%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-138,700	–	-1.19%	–
SIX	Exit	SIX FLAGS ENTERTAINMENT	$0	–	-224,000	–	-1.19%	–
STI	Exit	SUNTRUST BANKS	$0	–	-235,000	–	-1.20%	–
TD	Exit	TORONTO-DOMINION BANK	$0	–	-264,800	–	-1.23%	–
HD	Exit	HOME DEPOT	$0	–	-78,900	–	-1.24%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-181,600	–	-1.25%	–
INTC	Exit	INTEL	$0	–	-349,300	–	-1.26%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-263,500	–	-1.29%	–
SCHA	Exit	SCHWAB US SMALL-CAP ETF	$0	–	-246,235	–	-1.43%	–
XOM	Exit	EXXON MOBIL	$0	–	-223,636	–	-1.45%	–
QQQ	Exit	INVESCO QQQ TRUST SERIES 1	$0	–	-103,458	–	-1.46%	–
OKE	Exit	ONEOK	$0	–	-285,699	–	-1.48%	–
VLO	Exit	VALERO ENERGY	$0	–	-171,200	–	-1.48%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-254,800	–	-1.50%	–
GIS	Exit	GENERAL MILLS	$0	–	-461,000	–	-1.51%	–
DUK	Exit	DUKE ENERGY	$0	–	-263,900	–	-1.61%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-197,100	–	-1.61%	–
PNC	Exit	PNC FINANCIAL	$0	–	-156,200	–	-1.62%	–
T	Exit	AT&T	$0	–	-650,100	–	-1.66%	–
BAC	Exit	BANK OF AMERICA	$0	–	-752,200	–	-1.69%	–
AM	Exit	ANTERO MIDSTREAM PARNTERS	$0	–	-785,740	–	-1.72%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-99,000	–	-1.77%	–
MXIM	Exit	MAXIM INTEGRATED PRODUCTS	$0	–	-413,000	–	-1.78%	–
ETP	Exit	ENERGY TRANSFER PARTNERS LP	$0	–	-1,052,600	–	-1.78%	–
PAYX	Exit	PAYCHEX	$0	–	-319,400	–	-1.79%	–
LLY	Exit	ELI LILLY & CO	$0	–	-220,400	–	-1.80%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-464,900	–	-1.89%	–
PSX	Exit	PHILLIPS 66	$0	–	-224,160	–	-1.92%	–
BA	Exit	BOEING	$0	–	-68,000	–	-1.93%	–
MCD	Exit	MCDONALD'S	$0	–	-158,600	–	-2.02%	–
PM	Exit	PHILIP MORRIS	$0	–	-327,400	–	-2.03%	–
AMGN	Exit	AMGEN	$0	–	-128,950	–	-2.04%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-362,400	–	-2.10%	–
MMP	Exit	MAGELLAN MIDSTREAM PARTNERS	$0	–	-412,650	–	-2.13%	–
MSFT	Exit	MICROSOFT	$0	–	-248,000	–	-2.16%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-403,100	–	-2.18%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-652,600	–	-2.42%	–
PFE	Exit	PFIZER	$0	–	-724,970	–	-2.44%	–
MRK	Exit	MERCK and CO	$0	–	-476,000	–	-2.57%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-1,230,070	–	-2.69%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-334,017	–	-2.87%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-109,100	–	-2.88%	–

Q3 2018

			Value		Shares		↓ Weighting
LMT	Sell	LOCKHEED MARTIN	$37,744,000	+8.5%	109,100	-7.3%	2.88%	+5.2%
JPM	Sell	JPMORGAN CHASE	$37,690,000	+2.0%	334,017	-5.8%	2.87%	-1.2%
EPD	Sell	ENTERPRISE PRODUCTS PARTNERS	$35,340,000	+0.2%	1,230,070	-3.5%	2.69%	-2.9%
MRK	Sell	MERCK and CO	$33,767,000	+8.5%	476,000	-7.1%	2.57%	+5.1%
PFE	Sell	PFIZER	$31,949,000	+18.6%	724,970	-2.3%	2.44%	+15.0%
CSCO	Sell	CISCO SYSTEMS	$31,749,000	-16.8%	652,600	-26.4%	2.42%	-19.4%
AEP	Buy	AMERICAN ELECTRIC POWER	$28,572,000	+14.0%	403,100	+11.4%	2.18%	+10.4%
MSFT	Sell	MICROSOFT	$28,364,000	-22.8%	248,000	-33.5%	2.16%	-25.3%
MMP	Sell	MAGELLAN MIDSTREAM PARTNERS	$27,945,000	-5.6%	412,650	-3.7%	2.13%	-8.5%
ED	Buy	CONSOLIDATED EDISON	$27,611,000	+51.3%	362,400	+54.9%	2.10%	+46.6%
AMGN	Sell	AMGEN	$26,730,000	+6.9%	128,950	-4.8%	2.04%	+3.6%
PM	Sell	PHILIP MORRIS	$26,696,000	-5.0%	327,400	-5.9%	2.03%	-8.0%
MCD	Sell	MCDONALD'S	$26,532,000	-1.1%	158,600	-7.4%	2.02%	-4.2%
BA	Sell	BOEING	$25,289,000	-1.5%	68,000	-11.1%	1.93%	-4.6%
PSX	Sell	PHILLIPS 66	$25,267,000	-1.1%	224,160	-1.4%	1.92%	-4.2%
VZ	Buy	VERIZON COMMUNICATIONS	$24,821,000	+17.7%	464,900	+11.0%	1.89%	+14.1%
LLY	Sell	ELI LILLY & CO	$23,651,000	+24.2%	220,400	-1.2%	1.80%	+20.4%
PAYX	Sell	PAYCHEX	$23,524,000	+5.3%	319,400	-2.3%	1.79%	+2.0%
ETP	Sell	ENERGY TRANSFER PARTNERS LP	$23,431,000	+12.0%	1,052,600	-4.2%	1.78%	+8.5%
MXIM	Sell	MAXIM INTEGRATED PRODUCTS	$23,289,000	-4.1%	413,000	-0.3%	1.78%	-7.1%
BAC	Sell	BANK OF AMERICA	$22,160,000	+0.6%	752,200	-3.8%	1.69%	-2.5%
T	Buy	AT&T	$21,830,000	+96.6%	650,100	+88.0%	1.66%	+90.5%
PNC	Buy	PNC FINANCIAL	$21,273,000	+7.0%	156,200	+6.1%	1.62%	+3.6%
TXN	Sell	TEXAS INSTRUMENTS	$21,147,000	-28.6%	197,100	-26.6%	1.61%	-30.8%
DUK	Buy	DUKE ENERGY	$21,117,000	+10.4%	263,900	+9.1%	1.61%	+6.9%
GIS	Buy	GENERAL MILLS	$19,786,000	+13833.8%	461,000	+14306.2%	1.51%	+13609.1%
GILD	Buy	GILEAD SCIENCES	$19,673,000	+10.4%	254,800	+1.3%	1.50%	+6.9%
VLO	Sell	VALERO ENERGY	$19,474,000	-0.4%	171,200	-2.9%	1.48%	-3.5%
QQQ	Buy	INVESCO QQQ TRUST SERIES 1	$19,221,000	+716.2%	103,458	+654.1%	1.46%	+691.9%
XOM	Sell	EXXON MOBIL	$19,014,000	-3.4%	223,636	-6.0%	1.45%	-6.4%
SCHA	Buy	SCHWAB US SMALL-CAP ETF	$18,756,000	+417.3%	246,235	+399.7%	1.43%	+401.4%
DWDP	Sell	DOWDUPONT INC	$16,946,000	-10.9%	263,500	-8.7%	1.29%	-13.7%
INTC	Sell	INTEL	$16,518,000	-50.2%	349,300	-47.7%	1.26%	-51.8%
HD	Sell	HOME DEPOT	$16,344,000	-1.6%	78,900	-7.3%	1.24%	-4.7%
DLR	Sell	DIGITAL REALTY REIT	$15,601,000	-6.2%	138,700	-7.0%	1.19%	-9.2%
BBT	Sell	BB&T CORPORATION	$15,504,000	-10.3%	319,400	-6.8%	1.18%	-13.2%
EMR	Buy	EMERSON ELECTRIC	$14,902,000	+11.6%	194,600	+0.7%	1.14%	+8.1%
IBM	Sell	INTL BUSINESS MACHINES	$14,707,000	-34.6%	97,260	-39.5%	1.12%	-36.6%
ABBV	Sell	ABBVIE	$14,594,000	-4.6%	154,300	-6.5%	1.11%	-7.6%
PLD	Buy	PROLOGIS	$13,816,000	+14.5%	203,800	+10.9%	1.05%	+11.0%
CCL	New	CARNIVAL	$13,411,000	–	210,300	–	1.02%	–
FE	New	FIRSTENERGY	$13,121,000	–	353,000	–	1.00%	–
AVB	New	AVALONBAY COMMUNITIES	$12,988,000	–	71,700	–	0.99%	–
DTE	New	DTE ENERGY	$12,976,000	–	118,900	–	0.99%	–
TRGP	New	TARGA RESOURCES	$12,918,000	–	229,400	–	0.98%	–
MO	Sell	ALTRIA GROUP	$12,525,000	-12.8%	207,684	-17.9%	0.95%	-15.6%
C	Sell	CITIGROUP	$12,354,000	-40.8%	172,200	-44.7%	0.94%	-42.6%
KHC	Sell	KRAFT HEINZ CO	$11,722,000	-29.7%	212,700	-19.9%	0.89%	-31.9%
TLT	New	ISHARES BARCLAYS 20 plus YEAR ETF	$7,422,000	–	63,430	–	0.57%	–
CVX	Sell	CHEVRON	$3,491,000	-30.0%	28,550	-27.6%	0.27%	-32.1%
KO	Sell	COCA-COLA	$2,808,000	-20.8%	60,800	-24.8%	0.21%	-23.3%
WMT	Sell	WAL-MART STORES	$396,000	-72.7%	4,220	-75.1%	0.03%	-73.7%
QCOM	Sell	QUALCOMM	$324,000	-52.3%	4,500	-62.8%	0.02%	-52.8%
IJH	New	ISHARES S and P MIDCAP 400	$274,000	–	1,360	–	0.02%	–
IGIB	Buy	ISHARES BARCLAYS INTERMEDIATE	$238,000	0.0%	4,500	+100.0%	0.02%	-5.3%
PSA	Sell	PUBLIC STORAGE	$141,000	-98.8%	700	-98.7%	0.01%	-98.8%
LYB	Sell	LYONDELLBASELL INDUSTRIES-CL A	$92,000	-95.9%	900	-95.5%	0.01%	-96.0%
F	Sell	FORD MOTOR	$49,000	-97.4%	5,300	-96.8%	0.00%	-97.3%
VNQ	New	VANGUARD REIT ETF	$23,000	–	280	–	0.00%	–
FTV	Sell	FORTIVE CORP	$22,000	-4.3%	265	-11.7%	0.00%	0.0%
AIMC	New	ALTRA INDUSTRIAL MOTION	$3,000	–	77	–	0.00%	–
APU	Exit	AMERIGAS PARTNERS-LP	$0	–	-1,120	–	-0.00%	–
IVZ	Exit	INVESCO	$0	–	-41,700	–	-0.09%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDR	$0	–	-80,855	–	-0.17%	–
YUM	Exit	YUM! BRANDS	$0	–	-179,700	–	-1.11%	–
BCE	Exit	BCE INC	$0	–	-366,000	–	-1.17%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-445,800	–	-1.62%	–

Q2 2018

			Value		Shares		↓ Weighting
CSCO	New	CISCO SYSTEMS	$38,159,000	–	886,800	–	3.00%	–
JPM	New	JPMORGAN CHASE	$36,941,000	–	354,517	–	2.91%	–
MSFT	New	MICROSOFT	$36,762,000	–	372,800	–	2.89%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$35,273,000	–	1,274,770	–	2.77%	–
LMT	New	LOCKHEED MARTIN	$34,772,000	–	117,700	–	2.74%	–
INTC	New	INTEL	$33,201,000	–	667,900	–	2.61%	–
MRK	New	MERCK & CO	$31,109,000	–	512,500	–	2.45%	–
TXN	New	TEXAS INSTRUMENTS	$29,613,000	–	268,600	–	2.33%	–
MMP	New	MAGELLAN MIDSTREAM PARTNERS	$29,597,000	–	428,450	–	2.33%	–
PM	New	PHILIP MORRIS	$28,106,000	–	348,100	–	2.21%	–
PFE	New	PFIZER	$26,934,000	–	742,390	–	2.12%	–
MCD	New	MCDONALD'S	$26,825,000	–	171,200	–	2.11%	–
BA	New	BOEING	$25,667,000	–	76,500	–	2.02%	–
PSX	New	PHILLIPS 66	$25,539,000	–	227,400	–	2.01%	–
AEP	New	AMERICAN ELECTRIC POWER	$25,069,000	–	362,000	–	1.97%	–
AMGN	New	AMGEN	$25,003,000	–	135,450	–	1.97%	–
MXIM	New	MAXIM INTEGRATED PRODUCTS	$24,297,000	–	414,200	–	1.91%	–
AM	New	ANTERO MIDSTREAM PARNTERS	$23,195,000	–	785,740	–	1.82%	–
IBM	New	INTL BUSINESS MACHINES	$22,472,000	–	160,860	–	1.77%	–
PAYX	New	PAYCHEX	$22,350,000	–	327,000	–	1.76%	–
BAC	New	BANK OF AMERICA	$22,033,000	–	781,600	–	1.73%	–
VZ	New	VERIZON COMMUNICATIONS	$21,080,000	–	419,000	–	1.66%	–
ETP	New	ENERGY TRANSFER PARTNERS LP	$20,915,000	–	1,098,500	–	1.64%	–
C	New	CITIGROUP	$20,852,000	–	311,600	–	1.64%	–
COST	New	COSTCO WHOLESALE	$20,689,000	–	99,000	–	1.63%	–
SO	New	SOUTHERN COMPANY	$20,645,000	–	445,800	–	1.62%	–
OKE	New	ONEOK	$19,950,000	–	285,699	–	1.57%	–
PNC	New	PNC FINANCIAL	$19,887,000	–	147,200	–	1.56%	–
LVS	New	LAS VEGAS SANDS	$19,815,000	–	259,500	–	1.56%	–
XOM	New	EXXON MOBIL	$19,684,000	–	237,936	–	1.55%	–
VLO	New	VALERO ENERGY	$19,550,000	–	176,400	–	1.54%	–
DUK	New	DUKE ENERGY	$19,129,000	–	241,900	–	1.50%	–
LLY	New	ELI LILLY & CO	$19,037,000	–	223,100	–	1.50%	–
DWDP	New	DOWDUPONT INC	$19,025,000	–	288,600	–	1.50%	–
ED	New	CONSOLIDATED EDISON	$18,247,000	–	234,000	–	1.44%	–
GILD	New	GILEAD SCIENCES	$17,823,000	–	251,600	–	1.40%	–
BBT	New	BB&T CORPORATION	$17,286,000	–	342,700	–	1.36%	–
KHC	New	KRAFT HEINZ CO	$16,679,000	–	265,500	–	1.31%	–
DLR	New	DIGITAL REALTY REIT	$16,637,000	–	149,100	–	1.31%	–
HD	New	HOME DEPOT	$16,603,000	–	85,100	–	1.31%	–
SIX	New	SIX FLAGS ENTERTAINMENT	$15,691,000	–	224,000	–	1.23%	–
STI	New	SUNTRUST BANKS	$15,515,000	–	235,000	–	1.22%	–
TD	New	TORONTO-DOMINION BANK	$15,321,000	–	264,800	–	1.20%	–
ABBV	New	ABBVIE	$15,297,000	–	165,100	–	1.20%	–
BCE	New	BCE INC	$14,819,000	–	366,000	–	1.17%	–
WM	New	WASTE MANAGEMENT	$14,771,000	–	181,600	–	1.16%	–
MO	New	ALTRIA GROUP	$14,361,000	–	252,884	–	1.13%	–
YUM	New	YUM! BRANDS	$14,056,000	–	179,700	–	1.11%	–
COR	New	CORESITE REALTY CORP	$13,929,000	–	125,690	–	1.10%	–
UPS	New	UNITED PARCEL SERVICE	$13,629,000	–	128,300	–	1.07%	–
EMR	New	EMERSON ELECTRIC	$13,358,000	–	193,200	–	1.05%	–
SBUX	New	STARBUCKS	$13,312,000	–	272,500	–	1.05%	–
CCI	New	CROWN CASTLE INTL CORP	$13,044,000	–	120,980	–	1.03%	–
UMPQ	New	UMPQUA HOLDINGS	$12,940,000	–	572,800	–	1.02%	–
HBAN	New	HUNTINGTON BANCSHARES	$12,493,000	–	846,400	–	0.98%	–
DAL	New	DELTA AIR LINES INC	$12,167,000	–	245,600	–	0.96%	–
PSA	New	PUBLIC STORAGE	$12,137,000	–	53,500	–	0.96%	–
PLD	New	PROLOGIS	$12,067,000	–	183,700	–	0.95%	–
T	New	AT&T	$11,104,000	–	345,800	–	0.87%	–
PRU	New	PRUDENTIAL FINANCIAL	$10,370,000	–	110,900	–	0.82%	–
CVX	New	CHEVRON	$4,988,000	–	39,450	–	0.39%	–
SCHA	New	SCHWAB US SMALL-CAP ETF	$3,626,000	–	49,280	–	0.28%	–
KO	New	COCA-COLA	$3,544,000	–	80,800	–	0.28%	–
QQQ	New	INVESCO QQQ TRUST SERIES 1	$2,355,000	–	13,720	–	0.18%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$2,219,000	–	20,200	–	0.18%	–
PEP	New	PEPSICO	$2,167,000	–	19,900	–	0.17%	–
XLF	New	FINANCIAL SELECT SECTOR SPDR	$2,150,000	–	80,855	–	0.17%	–
F	New	FORD MOTOR	$1,852,000	–	167,300	–	0.15%	–
WMT	New	WAL-MART STORES	$1,449,000	–	16,920	–	0.11%	–
JNJ	New	JOHNSON & JOHNSON	$1,238,000	–	10,200	–	0.10%	–
	New	BANCO LATINOAMERICANO COME-E	$1,173,000	–	47,660	–	0.09%	–
IVZ	New	INVESCO	$1,108,000	–	41,700	–	0.09%	–
HYG	New	ISHARES IBOXX H/Y CORP BOND ETF	$966,000	–	11,400	–	0.08%	–
QCOM	New	QUALCOMM	$679,000	–	12,100	–	0.05%	–
MCHP	New	MICROCHIP TECHNOLOGY	$464,000	–	5,100	–	0.04%	–
AEE	New	AMEREN	$316,000	–	5,200	–	0.02%	–
ORCL	New	ORACLE	$304,000	–	6,900	–	0.02%	–
BRKA	New	BERKSHIRE HATHAWAY	$282,000	–	1	–	0.02%	–
AAPL	New	APPLE	$259,000	–	1,400	–	0.02%	–
IGIB	New	ISHARES BARCLAYS INTERMEDIATE	$238,000	–	2,250	–	0.02%	–
HEFA	New	ISHA CURR HEDGED MSCI EAFE	$195,000	–	6,600	–	0.02%	–
COF	New	CAPITAL ONE FINL	$181,000	–	1,969	–	0.01%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS	$179,000	–	660	–	0.01%	–
NKE	New	NIKE-B	$159,000	–	2,000	–	0.01%	–
DVY	New	ISHARES SELECT DIVIDEND ETF	$147,000	–	1,500	–	0.01%	–
GIS	New	GENERAL MILLS	$142,000	–	3,200	–	0.01%	–
TMO	New	THERMO FISHER SCIENTIFIC	$145,000	–	700	–	0.01%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$144,000	–	1,000	–	0.01%	–
SCHW	New	CHARLES SCHWAB	$135,000	–	2,633	–	0.01%	–
GE	New	GENERAL ELECTRIC	$129,000	–	9,502	–	0.01%	–
ECL	New	ECOLAB	$126,000	–	900	–	0.01%	–
GOOG	New	ALPHABET INC- CL C	$112,000	–	100	–	0.01%	–
OXY	New	OCCIDENTAL PETROLEUM	$109,000	–	1,300	–	0.01%	–
GOOGL	New	ALPHABET INC-CL A	$113,000	–	100	–	0.01%	–
LYG	New	LLOYDS TSB GROUP PLC	$97,000	–	29,100	–	0.01%	–
WFC	New	WELLS FARGO	$100,000	–	1,800	–	0.01%	–
CSX	New	CSX	$96,000	–	1,500	–	0.01%	–
BRKB	New	BERKSHIRE HATHAWAY-CL B	$93,000	–	496	–	0.01%	–
SRCL	New	STERICYCLE	$78,000	–	1,200	–	0.01%	–
DE	New	DEERE & CO	$70,000	–	500	–	0.01%	–
DHR	New	DANAHER	$59,000	–	600	–	0.01%	–
LLL	New	L-3 TECHNOLOGIES	$58,000	–	300	–	0.01%	–
NVS	New	NOVARTIS-ADR	$66,000	–	876	–	0.01%	–
PG	New	PROCTER & GAMBLE	$53,000	–	680	–	0.00%	–
ITW	New	ILLINOIS TOOL WORKS	$55,000	–	400	–	0.00%	–
APU	New	AMERIGAS PARTNERS-LP	$47,000	–	1,120	–	0.00%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$39,000	–	900	–	0.00%	–
J	New	JACOBS ENGINEERING	$44,000	–	700	–	0.00%	–
KMB	New	KIMBERLY-CLARK	$42,000	–	400	–	0.00%	–
CL	New	COLGATE-PALMOLIVE	$39,000	–	600	–	0.00%	–
DVN	New	DEVON ENERGY	$35,000	–	800	–	0.00%	–
ITT	New	ITT	$21,000	–	400	–	0.00%	–
FTV	New	FORTIVE CORP	$23,000	–	300	–	0.00%	–
BP	New	BP ADR	$21,000	–	459	–	0.00%	–
COP	New	CONOCOPHILLIPS	$21,000	–	300	–	0.00%	–

Q4 2017

			Value		Shares		↓ Weighting
COP	Exit	CONOCOPHILLIPS	$0	–	-300	–	-0.00%	–
FTV	Exit	FORTIVE CORP	$0	–	-300	–	-0.00%	–
MON	Exit	MONSANTO	$0	–	-200	–	-0.00%	–
ITT	Exit	ITT	$0	–	-400	–	-0.00%	–
BP	Exit	BP ADR	$0	–	-459	–	-0.00%	–
DVN	Exit	DEVON ENERGY	$0	–	-800	–	-0.00%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.00%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.00%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.00%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.01%	–
APU	Exit	AMERIGAS PARTNERS-LP	$0	–	-1,120	–	-0.01%	–
GIMO	Exit	GIGAMON INC	$0	–	-1,270	–	-0.01%	–
MPLX	Exit	MPLX LP	$0	–	-1,308	–	-0.01%	–
DE	Exit	DEERE & CO	$0	–	-500	–	-0.01%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.01%	–
LLL	Exit	L-3 TECHNOLOGIES	$0	–	-300	–	-0.01%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-680	–	-0.01%	–
ORCL	Exit	ORACLE	$0	–	-1,500	–	-0.01%	–
NVS	Exit	NOVARTIS-ADR	$0	–	-876	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY-CL B	$0	–	-496	–	-0.01%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.01%	–
NKE	Exit	NIKE-B	$0	–	-2,000	–	-0.01%	–
GOOGL	Exit	ALPHABET INC-CL A	$0	–	-100	–	-0.01%	–
GOOG	Exit	ALPHABET INC- CL C	$0	–	-100	–	-0.01%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.01%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.01%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.01%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.01%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETF	$0	–	-1,500	–	-0.01%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.02%	–
PEP	Exit	PEPSICO	$0	–	-1,500	–	-0.02%	–
HEFA	Exit	ISHA CURR HEDGED MSCI EAFE	$0	–	-6,600	–	-0.02%	–
AAPL	Exit	APPLE	$0	–	-1,400	–	-0.02%	–
IGIB	Exit	ISHARES BARCLAYS INTERMEDIATE	$0	–	-2,250	–	-0.02%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.03%	–
AEE	Exit	AMEREN	$0	–	-5,200	–	-0.03%	–
WMT	Exit	WAL-MART STORES	$0	–	-4,220	–	-0.03%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-5,100	–	-0.05%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS	$0	–	-1,863	–	-0.05%	–
SPG	Exit	SIMON PROPERTY GROUP	$0	–	-3,060	–	-0.05%	–
MMP	Exit	MAGELLAN MIDSTREAM PARTNERS	$0	–	-18,300	–	-0.13%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-10,200	–	-0.13%	–
GIS	Exit	GENERAL MILLS	$0	–	-29,000	–	-0.15%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-14,300	–	-0.17%	–
OXY	Exit	OCCIDENTAL PETROLEUM	$0	–	-28,900	–	-0.18%	–
TLH	Exit	ISHARES 10-20 YEAR TREASURY	$0	–	-14,164	–	-0.19%	–
F	Exit	FORD MOTOR	$0	–	-162,000	–	-0.19%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-20,200	–	-0.20%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDR	$0	–	-80,405	–	-0.21%	–
FEZ	Exit	SPDR EURO STOXX 50 ETF	$0	–	-52,890	–	-0.22%	–
QCOM	Exit	QUALCOMM	$0	–	-46,900	–	-0.24%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-116,602	–	-0.28%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP-A	$0	–	-190,000	–	-0.30%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-21,600	–	-0.31%	–
XOM	Exit	EXXON MOBIL	$0	–	-38,256	–	-0.31%	–
KO	Exit	COCA-COLA	$0	–	-80,800	–	-0.36%	–
TGT	Exit	TARGET	$0	–	-62,600	–	-0.37%	–
SBUX	Exit	STARBUCKS	$0	–	-155,200	–	-0.83%	–
BUD	Exit	ANHEUSER-BUSCH INBEV-SPN	$0	–	-76,200	–	-0.90%	–
DUK	Exit	DUKE ENERGY	$0	–	-109,300	–	-0.91%	–
C	Exit	CITIGROUP	$0	–	-131,400	–	-0.95%	–
PNC	Exit	PNC FINANCIAL	$0	–	-71,600	–	-0.96%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-175,100	–	-1.09%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-143,700	–	-1.11%	–
STI	Exit	SUNTRUST BANKS	$0	–	-188,000	–	-1.12%	–
BTI	Exit	BRITISH AMERICAN TOB-SP ADR	$0	–	-180,021	–	-1.12%	–
BCE	Exit	BCE INC	$0	–	-240,600	–	-1.12%	–
USB	Exit	US BANCORP	$0	–	-211,300	–	-1.12%	–
RY	Exit	ROYAL BANK OF CANADA	$0	–	-146,800	–	-1.13%	–
T	Exit	AT&T	$0	–	-291,200	–	-1.13%	–
OKE	Exit	ONEOK	$0	–	-206,799	–	-1.14%	–
SIX	Exit	SIX FLAGS ENTERTAINMENT	$0	–	-188,000	–	-1.14%	–
PLD	Exit	PROLOGIS	$0	–	-182,900	–	-1.15%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-55,500	–	-1.18%	–
YUM	Exit	YUM! BRANDS	$0	–	-161,900	–	-1.18%	–
ABBV	Exit	ABBVIE	$0	–	-134,400	–	-1.19%	–
VLO	Exit	VALERO ENERGY	$0	–	-155,900	–	-1.19%	–
CCI	Exit	CROWN CASTLE INTL CORP	$0	–	-123,000	–	-1.22%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-103,600	–	-1.24%	–
BBT	Exit	BB&T CORPORATION	$0	–	-266,300	–	-1.24%	–
PSX	Exit	PHILLIPS 66	$0	–	-136,600	–	-1.24%	–
SEP	Exit	SPECTRA ENERGY PARTNERS	$0	–	-286,400	–	-1.26%	–
PM	Exit	PHILIP MORRIS	$0	–	-114,800	–	-1.27%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-111,000	–	-1.30%	–
BOH	Exit	BANK OF HAWAII	$0	–	-161,100	–	-1.34%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-198,900	–	-1.37%	–
WPZ	Exit	WILLIAMS PARTNERS	$0	–	-360,700	–	-1.39%	–
BAC	Exit	BANK OF AMERICA	$0	–	-561,300	–	-1.41%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-180,400	–	-1.45%	–
TD	Exit	TORONTO-DOMINION BANK	$0	–	-264,800	–	-1.48%	–
COR	Exit	CORESITE REALTY CORP	$0	–	-134,300	–	-1.49%	–
AMGN	Exit	AMGEN	$0	–	-83,850	–	-1.55%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-322,900	–	-1.58%	–
HD	Exit	HOME DEPOT	$0	–	-99,000	–	-1.61%	–
LVS	Exit	LAS VEGAS SANDS	$0	–	-258,100	–	-1.65%	–
LLY	Exit	ELI LILLY & CO	$0	–	-195,900	–	-1.66%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-244,100	–	-1.70%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-225,800	–	-1.76%	–
WFC	Exit	WELLS FARGO	$0	–	-322,100	–	-1.76%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-701,200	–	-1.82%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-375,600	–	-1.85%	–
BA	Exit	BOEING	$0	–	-73,300	–	-1.85%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-114,700	–	-1.87%	–
PFE	Exit	PFIZER	$0	–	-555,290	–	-1.97%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-251,100	–	-2.02%	–
PAYX	Exit	PAYCHEX	$0	–	-339,800	–	-2.02%	–
MXIM	Exit	MAXIM INTEGRATED PRODUCTS	$0	–	-438,600	–	-2.08%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-239,900	–	-2.14%	–
INTC	Exit	INTEL	$0	–	-587,400	–	-2.22%	–
MRK	Exit	MERCK & CO	$0	–	-351,700	–	-2.24%	–
MCD	Exit	MCDONALD'S	$0	–	-162,200	–	-2.53%	–
MSFT	Exit	MICROSOFT	$0	–	-341,700	–	-2.53%	–
CVX	Exit	CHEVRON	$0	–	-221,050	–	-2.58%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-868,600	–	-2.90%	–
MO	Exit	ALTRIA GROUP	$0	–	-463,284	–	-2.92%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-102,500	–	-3.16%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-333,317	–	-3.16%	–

Q3 2017

			Value		Shares		↓ Weighting
JPM	Sell	JPMORGAN CHASE	$31,835,000	+0.6%	333,317	-3.7%	3.16%	+14.3%
LMT	Sell	LOCKHEED MARTIN	$31,805,000	+1.8%	102,500	-8.9%	3.16%	+15.7%
MO	Buy	ALTRIA GROUP	$29,381,000	-7.2%	463,284	+9.0%	2.92%	+5.5%
CVX	Buy	CHEVRON	$25,973,000	+60.1%	221,050	+42.2%	2.58%	+82.0%
MRK	Sell	MERCK & CO	$22,519,000	-16.0%	351,700	-15.9%	2.24%	-4.5%
INTC	Buy	INTEL	$22,368,000	+17.5%	587,400	+4.1%	2.22%	+33.6%
TXN	New	TEXAS INSTRUMENTS	$21,505,000	–	239,900	–	2.14%	–
MXIM	Sell	MAXIM INTEGRATED PRODUCTS	$20,926,000	+5.3%	438,600	-0.9%	2.08%	+19.7%
GILD	Buy	GILEAD SCIENCES	$20,344,000	+20449.5%	251,100	+17835.7%	2.02%	+22366.7%
COST	Buy	COSTCO WHOLESALE	$18,844,000	+97.4%	114,700	+92.1%	1.87%	+124.3%
VZ	Buy	VERIZON COMMUNICATIONS	$18,588,000	+37.6%	375,600	+24.2%	1.85%	+56.4%
EPD	Buy	ENTERPRISE PRODUCTS PARTNERS	$18,280,000	-2.5%	701,200	+1.2%	1.82%	+10.8%
WFC	Sell	WELLS FARGO	$17,764,000	-25.3%	322,100	-25.0%	1.76%	-15.1%
AEP	Buy	AMERICAN ELECTRIC POWER	$17,146,000	+21.6%	244,100	+20.3%	1.70%	+38.3%
LLY	New	ELI LILLY & CO	$16,757,000	–	195,900	–	1.66%	–
HD	New	HOME DEPOT	$16,192,000	–	99,000	–	1.61%	–
SO	New	SOUTHERN COMPANY	$15,867,000	–	322,900	–	1.58%	–
COR	Buy	CORESITE REALTY CORP	$15,028,000	+3619.8%	134,300	+3343.6%	1.49%	+4168.6%
TD	New	TORONTO-DOMINION BANK	$14,900,000	–	264,800	–	1.48%	–
ED	Sell	CONSOLIDATED EDISON	$14,555,000	-2.6%	180,400	-2.4%	1.45%	+10.7%
BAC	New	BANK OF AMERICA	$14,223,000	–	561,300	–	1.41%	–
WPZ	Buy	WILLIAMS PARTNERS	$14,031,000	+49.4%	360,700	+54.0%	1.39%	+69.8%
DWDP	New	DOWDUPONT INC	$13,770,000	–	198,900	–	1.37%	–
DLR	Sell	DIGITAL REALTY REIT	$13,135,000	+1.5%	111,000	-3.1%	1.30%	+15.3%
PM	Buy	PHILIP MORRIS	$12,744,000	-4.9%	114,800	+0.6%	1.27%	+8.1%
SEP	Buy	SPECTRA ENERGY PARTNERS	$12,710,000	+21.3%	286,400	+17.3%	1.26%	+37.9%
BBT	Buy	BB&T CORPORATION	$12,500,000	+28.7%	266,300	+24.5%	1.24%	+46.3%
CCI	Buy	CROWN CASTLE INTL CORP	$12,298,000	+31.2%	123,000	+31.4%	1.22%	+49.0%
VLO	New	VALERO ENERGY	$11,993,000	–	155,900	–	1.19%	–
ABBV	New	ABBVIE	$11,943,000	–	134,400	–	1.19%	–
PSA	Sell	PUBLIC STORAGE	$11,876,000	-39.3%	55,500	-40.8%	1.18%	-31.0%
PLD	Buy	PROLOGIS	$11,607,000	+10.3%	182,900	+2.0%	1.15%	+25.4%
OKE	New	ONEOK	$11,459,000	–	206,799	–	1.14%	–
SIX	Sell	SIX FLAGS ENTERTAINMENT	$11,457,000	-48.1%	188,000	-49.2%	1.14%	-40.9%
RY	New	ROYAL BANK OF CANADA	$11,355,000	–	146,800	–	1.13%	–
USB	New	US BANCORP	$11,324,000	–	211,300	–	1.12%	–
BCE	Buy	BCE INC	$11,267,000	+26.0%	240,600	+21.2%	1.12%	+43.2%
STI	New	SUNTRUST BANKS	$11,237,000	–	188,000	–	1.12%	–
BTI	New	BRITISH AMERICAN TOB-SP ADR	$11,242,000	–	180,021	–	1.12%	–
KHC	Sell	KRAFT HEINZ CO	$11,144,000	-44.8%	143,700	-39.0%	1.11%	-37.2%
PNC	New	PNC FINANCIAL	$9,650,000	–	71,600	–	0.96%	–
C	New	CITIGROUP	$9,558,000	–	131,400	–	0.95%	–
SBUX	New	STARBUCKS	$8,336,000	–	155,200	–	0.83%	–
TGT	Sell	TARGET	$3,694,000	-72.7%	62,600	-75.8%	0.37%	-69.0%
KO	Sell	COCA-COLA	$3,637,000	-79.5%	80,800	-79.5%	0.36%	-76.7%
XOM	Sell	EXXON MOBIL	$3,136,000	-78.0%	38,256	-78.3%	0.31%	-75.0%
IBM	Sell	INTL BUSINESS MACHINES	$3,134,000	-85.9%	21,600	-85.1%	0.31%	-84.0%
RGC	Sell	REGAL ENTERTAINMENT GROUP-A	$3,040,000	-76.2%	190,000	-69.5%	0.30%	-72.9%
QCOM	Sell	QUALCOMM	$2,431,000	-85.1%	46,900	-84.1%	0.24%	-83.0%
XLF	New	FINANCIAL SELECT SECTOR SPDR	$2,079,000	–	80,405	–	0.21%	–
F	Sell	FORD MOTOR	$1,939,000	-75.4%	162,000	-77.0%	0.19%	-72.0%
TLH	Buy	ISHARES 10-20 YEAR TREASURY	$1,932,000	+1.8%	14,164	+1.8%	0.19%	+15.7%
OXY	Sell	OCCIDENTAL PETROLEUM	$1,856,000	-79.6%	28,900	-81.0%	0.18%	-76.9%
KMB	Sell	KIMBERLY-CLARK	$1,683,000	-90.0%	14,300	-89.0%	0.17%	-88.7%
GIS	Sell	GENERAL MILLS	$1,501,000	-86.2%	29,000	-85.2%	0.15%	-84.3%
JNJ	Sell	JOHNSON & JOHNSON	$1,326,000	-93.9%	10,200	-93.8%	0.13%	-93.0%
SPY	Sell	S&P 500 DEPOSITARY RECEIPTS	$468,000	-1.7%	1,863	-5.4%	0.05%	+11.9%
MCHP	Sell	MICROCHIP TECHNOLOGY	$458,000	-96.6%	5,100	-97.1%	0.05%	-96.1%
WMT	Sell	WAL-MART STORES	$330,000	-96.9%	4,220	-97.0%	0.03%	-96.5%
PG	Sell	PROCTER & GAMBLE	$62,000	-99.3%	680	-99.3%	0.01%	-99.2%
ETP	Exit	ENERGY TRANSFER PARTNERS LP	$0	–	-3,710	–	-0.01%	–
MAT	Exit	MATTEL	$0	–	-3,900	–	-0.01%	–
OKS	Exit	ONEOK PARTNERS	$0	–	-187,500	–	-0.84%	–
AJG	Exit	ARTHUR J GALLAGHER & CO	$0	–	-180,600	–	-0.90%	–
IVZ	Exit	INVESCO	$0	–	-300,000	–	-0.92%	–
DOW	Exit	DOW CHEMICAL	$0	–	-198,900	–	-1.10%	–
MPC	Exit	MARATHON PETROLEUM	$0	–	-272,300	–	-1.25%	–
CME	Exit	CHICAGO MERCANTILE EXCHANGE	$0	–	-144,000	–	-1.58%	–
RAI	Exit	REYNOLDS AMERICAN	$0	–	-403,771	–	-2.30%	–
TLT	Exit	TLT US 07/28/17 P119put	$0	–	-12,033	–	-13.16%	–

Q2 2017

			Value		Shares		↓ Weighting
TLT	New	TLT US 07/28/17 P119put	$150,557,000	–	12,033	–	13.16%	–
MO	New	ALTRIA GROUP	$31,663,000	–	425,184	–	2.77%	–
JPM	New	JPMORGAN CHASE	$31,644,000	–	346,217	–	2.77%	–
LMT	New	LOCKHEED MARTIN	$31,231,000	–	112,500	–	2.73%	–
CSCO	New	CISCO SYSTEMS	$27,187,000	–	868,600	–	2.38%	–
MRK	New	MERCK & CO	$26,796,000	–	418,100	–	2.34%	–
RAI	New	REYNOLDS AMERICAN	$26,261,000	–	403,771	–	2.30%	–
MCD	New	MCDONALD'S	$24,843,000	–	162,200	–	2.17%	–
WFC	New	WELLS FARGO	$23,782,000	–	429,200	–	2.08%	–
MSFT	New	MICROSOFT	$23,553,000	–	341,700	–	2.06%	–
IBM	New	INTL BUSINESS MACHINES	$22,228,000	–	144,500	–	1.94%	–
SIX	New	SIX FLAGS ENTERTAINMENT	$22,056,000	–	370,000	–	1.93%	–
JNJ	New	JOHNSON & JOHNSON	$21,656,000	–	163,700	–	1.89%	–
KHC	New	KRAFT HEINZ CO	$20,177,000	–	235,600	–	1.76%	–
MXIM	New	MAXIM INTEGRATED PRODUCTS	$19,877,000	–	442,700	–	1.74%	–
PSA	New	PUBLIC STORAGE	$19,560,000	–	93,800	–	1.71%	–
PAYX	New	PAYCHEX	$19,348,000	–	339,800	–	1.69%	–
INTC	New	INTEL	$19,033,000	–	564,100	–	1.66%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$18,758,000	–	692,700	–	1.64%	–
PFE	New	PFIZER	$18,652,000	–	555,290	–	1.63%	–
CME	New	CHICAGO MERCANTILE EXCHANGE	$18,035,000	–	144,000	–	1.58%	–
KO	New	COCA-COLA	$17,702,000	–	394,700	–	1.55%	–
KMB	New	KIMBERLY-CLARK	$16,836,000	–	130,400	–	1.47%	–
WM	New	WASTE MANAGEMENT	$16,562,000	–	225,800	–	1.45%	–
LVS	New	LAS VEGAS SANDS	$16,490,000	–	258,100	–	1.44%	–
QCOM	New	QUALCOMM	$16,273,000	–	294,700	–	1.42%	–
CVX	New	CHEVRON	$16,218,000	–	155,450	–	1.42%	–
ED	New	CONSOLIDATED EDISON	$14,944,000	–	184,900	–	1.31%	–
BA	New	BOEING	$14,495,000	–	73,300	–	1.27%	–
AMGN	New	AMGEN	$14,441,000	–	83,850	–	1.26%	–
XOM	New	EXXON MOBIL	$14,261,000	–	176,656	–	1.25%	–
MPC	New	MARATHON PETROLEUM	$14,249,000	–	272,300	–	1.25%	–
AEP	New	AMERICAN ELECTRIC POWER	$14,095,000	–	202,900	–	1.23%	–
TGT	New	TARGET	$13,533,000	–	258,800	–	1.18%	–
MCHP	New	MICROCHIP TECHNOLOGY	$13,530,000	–	175,300	–	1.18%	–
VZ	New	VERIZON COMMUNICATIONS	$13,505,000	–	302,400	–	1.18%	–
PM	New	PHILIP MORRIS	$13,401,000	–	114,100	–	1.17%	–
BOH	New	BANK OF HAWAII	$13,366,000	–	161,100	–	1.17%	–
DLR	New	DIGITAL REALTY REIT	$12,944,000	–	114,600	–	1.13%	–
RGC	New	REGAL ENTERTAINMENT GROUP-A	$12,753,000	–	623,300	–	1.12%	–
DOW	New	DOW CHEMICAL	$12,545,000	–	198,900	–	1.10%	–
YUM	New	YUM! BRANDS	$11,942,000	–	161,900	–	1.04%	–
UPS	New	UNITED PARCEL SERVICE	$11,457,000	–	103,600	–	1.00%	–
PSX	New	PHILLIPS 66	$11,295,000	–	136,600	–	0.99%	–
T	New	AT&T	$10,987,000	–	291,200	–	0.96%	–
GIS	New	GENERAL MILLS	$10,886,000	–	196,500	–	0.95%	–
WMT	New	WAL-MART STORES	$10,710,000	–	141,520	–	0.94%	–
IVZ	New	INVESCO	$10,557,000	–	300,000	–	0.92%	–
PLD	New	PROLOGIS	$10,520,000	–	179,400	–	0.92%	–
SEP	New	SPECTRA ENERGY PARTNERS	$10,476,000	–	244,200	–	0.92%	–
EMR	New	EMERSON ELECTRIC	$10,439,000	–	175,100	–	0.91%	–
AJG	New	ARTHUR J GALLAGHER & CO	$10,339,000	–	180,600	–	0.90%	–
BBT	New	BB&T CORPORATION	$9,713,000	–	213,900	–	0.85%	–
OKS	New	ONEOK PARTNERS	$9,576,000	–	187,500	–	0.84%	–
COST	New	COSTCO WHOLESALE	$9,548,000	–	59,700	–	0.84%	–
WPZ	New	WILLIAMS PARTNERS	$9,394,000	–	234,200	–	0.82%	–
CCI	New	CROWN CASTLE INTL CORP	$9,377,000	–	93,600	–	0.82%	–
DUK	New	DUKE ENERGY	$9,136,000	–	109,300	–	0.80%	–
OXY	New	OCCIDENTAL PETROLEUM	$9,112,000	–	152,200	–	0.80%	–
BCE	New	BCE INC	$8,940,000	–	198,500	–	0.78%	–
PG	New	PROCTER & GAMBLE	$8,847,000	–	101,516	–	0.77%	–
BUD	New	ANHEUSER-BUSCH INBEV-SPN	$8,409,000	–	76,200	–	0.74%	–
F	New	FORD MOTOR	$7,889,000	–	705,000	–	0.69%	–
GE	New	GENERAL ELECTRIC	$3,149,000	–	116,602	–	0.28%	–
FEZ	New	SPDR EURO STOXX 50 ETF	$2,035,000	–	52,890	–	0.18%	–
TLH	New	ISHARES 10-20 YEAR TREASURY	$1,898,000	–	13,914	–	0.17%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$1,705,000	–	20,200	–	0.15%	–
MMP	New	MAGELLAN MIDSTREAM PARTNERS	$1,304,000	–	18,300	–	0.11%	–
SPG	New	SIMON PROPERTY GROUP	$495,000	–	3,060	–	0.04%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS	$476,000	–	1,970	–	0.04%	–
COR	New	CORESITE REALTY CORP	$404,000	–	3,900	–	0.04%	–
AEE	New	AMEREN	$284,000	–	5,200	–	0.02%	–
IGIB	New	ISHARES BARCLAYS INTERMEDIATE	$246,000	–	2,250	–	0.02%	–
BRKA	New	BERKSHIRE HATHAWAY	$255,000	–	1	–	0.02%	–
AAPL	New	APPLE	$202,000	–	1,400	–	0.02%	–
HEFA	New	ISHA CURR HEDGED MSCI EAFE	$188,000	–	6,600	–	0.02%	–
PEP	New	PEPSICO	$173,000	–	1,500	–	0.02%	–
COF	New	CAPITAL ONE FINL	$163,000	–	1,969	–	0.01%	–
DVY	New	ISHARES SELECT DIVIDEND ETF	$138,000	–	1,500	–	0.01%	–
TMO	New	THERMO FISHER SCIENTIFIC	$122,000	–	700	–	0.01%	–
NKE	New	NIKE-B	$118,000	–	2,000	–	0.01%	–
ECL	New	ECOLAB	$119,000	–	900	–	0.01%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$119,000	–	1,000	–	0.01%	–
SCHW	New	CHARLES SCHWAB	$113,000	–	2,633	–	0.01%	–
GILD	New	GILEAD SCIENCES	$99,000	–	1,400	–	0.01%	–
GOOG	New	ALPHABET INC- CL C	$91,000	–	100	–	0.01%	–
SRCL	New	STERICYCLE	$92,000	–	1,200	–	0.01%	–
GOOGL	New	ALPHABET INC-CL A	$93,000	–	100	–	0.01%	–
MAT	New	MATTEL	$84,000	–	3,900	–	0.01%	–
ETP	New	ENERGY TRANSFER PARTNERS LP	$76,000	–	3,710	–	0.01%	–
ORCL	New	ORACLE	$75,000	–	1,500	–	0.01%	–
CSX	New	CSX	$82,000	–	1,500	–	0.01%	–
BRKB	New	BERKSHIRE HATHAWAY-CL B	$84,000	–	496	–	0.01%	–
NVS	New	NOVARTIS-ADR	$73,000	–	876	–	0.01%	–
DE	New	DEERE & CO	$62,000	–	500	–	0.01%	–
ITW	New	ILLINOIS TOOL WORKS	$57,000	–	400	–	0.01%	–
DHR	New	DANAHER	$51,000	–	600	–	0.00%	–
GIMO	New	GIGAMON INC	$50,000	–	1,270	–	0.00%	–
APU	New	AMERIGAS PARTNERS-LP	$51,000	–	1,120	–	0.00%	–
MPLX	New	MPLX LP	$44,000	–	1,308	–	0.00%	–
CL	New	COLGATE-PALMOLIVE	$44,000	–	600	–	0.00%	–
LLL	New	L-3 TECHNOLOGIES	$50,000	–	300	–	0.00%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$37,000	–	900	–	0.00%	–
J	New	JACOBS ENGINEERING	$38,000	–	700	–	0.00%	–
MON	New	MONSANTO	$24,000	–	200	–	0.00%	–
FTV	New	FORTIVE CORP	$19,000	–	300	–	0.00%	–
DVN	New	DEVON ENERGY	$26,000	–	800	–	0.00%	–
ITT	New	ITT	$16,000	–	400	–	0.00%	–
COP	New	CONOCOPHILLIPS	$13,000	–	300	–	0.00%	–
BP	New	BP ADR	$16,000	–	459	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
ITT	Exit	ITT	$0	–	-400	–	-0.00%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-300	–	-0.00%	–
MON	Exit	MONSANTO	$0	–	-200	–	-0.00%	–
FTV	Exit	FORTIVE CORP	$0	–	-300	–	-0.00%	–
BP	Exit	BP ADR	$0	–	-459	–	-0.00%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.00%	–
DVN	Exit	DEVON ENERGY	$0	–	-800	–	-0.00%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.00%	–
KO	Exit	COCA-COLA	$0	–	-1,000	–	-0.00%	–
DE	Exit	DEERE & CO	$0	–	-500	–	-0.00%	–
MPLX	Exit	MPLX LP	$0	–	-1,308	–	-0.00%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.00%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
LLL	Exit	L-3 COMMUNICATIONS TITAN	$0	–	-300	–	-0.01%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.01%	–
ORCL	Exit	ORACLE	$0	–	-1,500	–	-0.01%	–
PIM	Exit	PUTMAN MASTER INTER INCOME TRUST	$0	–	-13,690	–	-0.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY-CL B	$0	–	-496	–	-0.01%	–
NVS	Exit	NOVARTIS-ADR	$0	–	-876	–	-0.01%	–
PPT	Exit	PUTNAM PREMIER INCOME TRUST	$0	–	-13,464	–	-0.01%	–
MGF	Exit	MFS GOVT MARKETS INC TRUST	$0	–	-12,433	–	-0.01%	–
GOOGL	Exit	ALPHABET INC-CL A	$0	–	-100	–	-0.01%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.01%	–
GOOG	Exit	ALPHABET INC- CL C	$0	–	-100	–	-0.01%	–
MCR	Exit	MFS CHARTER INCOME TRUST	$0	–	-9,400	–	-0.01%	–
ETP	Exit	ENERGY TRANSFER PARTNERS	$0	–	-2,473	–	-0.01%	–
MIN	Exit	MFS INTERMEDIATE INC TRUST	$0	–	-20,000	–	-0.01%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.01%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.01%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.01%	–
NKE	Exit	NIKE-B	$0	–	-2,000	–	-0.01%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.01%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-1,400	–	-0.01%	–
AMGN	Exit	AMGEN	$0	–	-650	–	-0.01%	–
MMT	Exit	MFS MULTIMARKET INC TRUST	$0	–	-20,000	–	-0.01%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETF	$0	–	-1,500	–	-0.01%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.01%	–
HEFA	Exit	ISHA CURR HEDGED MSCI EAFE	$0	–	-6,600	–	-0.02%	–
AAPL	Exit	APPLE	$0	–	-1,400	–	-0.02%	–
BKT	Exit	BLACKROCK INCOME TRUST	$0	–	-28,900	–	-0.02%	–
WIW	Exit	WA/CLAY US INFL-LNKD OPP & INC FUND	$0	–	-19,600	–	-0.02%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.02%	–
IGIB	Exit	ISHARES BARCLAYS INTERMEDIATE	$0	–	-2,490	–	-0.03%	–
WIA	Exit	WA/CLAY US INFL-LNKD SEC & INC FUND	$0	–	-29,100	–	-0.03%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS	$0	–	-1,908	–	-0.04%	–
TLH	Exit	ISHARES 10-20 YEAR TREASURY	$0	–	-4,364	–	-0.06%	–
IEI	Exit	ISHARES 3-7 YEAR TREASURY BOND	$0	–	-23,306	–	-0.30%	–
XOP	Exit	SPDR S&P OIL & GAS EXP & PR	$0	–	-87,400	–	-0.34%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-106,000	–	-0.54%	–
PEP	Exit	PEPSICO	$0	–	-51,400	–	-0.56%	–
PPL	Exit	PPL	$0	–	-225,300	–	-0.78%	–
GIS	Exit	GENERAL MILLS	$0	–	-122,800	–	-0.79%	–
F	Exit	FORD MOTOR	$0	–	-653,000	–	-0.79%	–
KEY	Exit	KEYCORP	$0	–	-665,100	–	-0.81%	–
PLD	Exit	PROLOGIS	$0	–	-158,200	–	-0.85%	–
SEP	Exit	SPECTRA ENERGY PARTNERS	$0	–	-203,600	–	-0.89%	–
DUK	Exit	DUKE ENERGY	$0	–	-112,100	–	-0.90%	–
AJG	Exit	ARTHUR J GALLAGHER & CO	$0	–	-180,600	–	-0.92%	–
DOW	Exit	DOW CHEMICAL	$0	–	-179,600	–	-0.93%	–
IVZ	Exit	INVESCO	$0	–	-300,000	–	-0.94%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-125,000	–	-0.94%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-175,100	–	-0.96%	–
PM	Exit	PHILIP MORRIS	$0	–	-99,000	–	-0.96%	–
BA	Exit	BOEING	$0	–	-73,300	–	-0.97%	–
TEVA	Exit	TEVA PHARMACEUTICAL ADR	$0	–	-211,600	–	-0.98%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-113,800	–	-1.02%	–
WMT	Exit	WAL-MART STORES	$0	–	-141,520	–	-1.02%	–
MAT	Exit	MATTEL	$0	–	-348,300	–	-1.06%	–
AEE	Exit	AMEREN	$0	–	-217,500	–	-1.07%	–
WR	Exit	WESTAR ENERGY	$0	–	-192,100	–	-1.09%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-144,100	–	-1.16%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-208,900	–	-1.30%	–
BOH	Exit	BANK OF HAWAII	$0	–	-183,800	–	-1.34%	–
TGT	Exit	TARGET	$0	–	-202,200	–	-1.39%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-225,800	–	-1.44%	–
XOM	Exit	EXXON MOBIL	$0	–	-171,456	–	-1.50%	–
CME	Exit	CHICAGO MERCANTILE EXCHANGE	$0	–	-144,000	–	-1.51%	–
DRI	Exit	DARDEN RESTAURANTS	$0	–	-249,100	–	-1.53%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-125,800	–	-1.59%	–
CVX	Exit	CHEVRON	$0	–	-155,450	–	-1.60%	–
MXIM	Exit	MAXIM INTEGRATED PRODUCTS	$0	–	-410,100	–	-1.64%	–
MMP	Exit	MAGELLAN MIDSTREAM PARTNERS	$0	–	-231,800	–	-1.64%	–
PFE	Exit	PFIZER	$0	–	-507,690	–	-1.72%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-147,100	–	-1.74%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP-A	$0	–	-836,100	–	-1.82%	–
T	Exit	AT&T	$0	–	-449,670	–	-1.83%	–
MCD	Exit	MCDONALD'S	$0	–	-159,400	–	-1.84%	–
MSFT	Exit	MICROSOFT	$0	–	-332,500	–	-1.92%	–
PAYX	Exit	PAYCHEX	$0	–	-332,600	–	-1.93%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-121,300	–	-1.93%	–
SIX	Exit	SIX FLAGS ENTERTAINMENT	$0	–	-362,700	–	-1.95%	–
SPG	Exit	SIMON PROPERTY GROUP	$0	–	-93,960	–	-1.95%	–
QCOM	Exit	QUALCOMM	$0	–	-287,100	–	-1.97%	–
RAI	Exit	REYNOLDS AMERICAN	$0	–	-428,259	–	-2.02%	–
EQR	Exit	EQUITY RESIDENTIAL	$0	–	-318,530	–	-2.05%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-92,100	–	-2.06%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-751,000	–	-2.08%	–
INTC	Exit	INTEL	$0	–	-551,500	–	-2.09%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-235,500	–	-2.11%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-409,900	–	-2.14%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-744,302	–	-2.21%	–
WFC	Exit	WELLS FARGO	$0	–	-505,620	–	-2.24%	–
MRK	Exit	MERCK & CO	$0	–	-397,200	–	-2.48%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-374,217	–	-2.50%	–
MO	Exit	ALTRIA GROUP	$0	–	-408,484	–	-2.59%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-108,700	–	-2.61%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-855,000	–	-2.72%	–
TLT	Exit	TLT US 10/28/16 P130put	$0	–	-6,471	–	-8.92%	–

Q3 2016

			Value		Shares		↓ Weighting
TLT	Buy	TLT US 10/28/16 P130put	$88,983,000	+116982.9%	6,471	+18.6%	8.92%	+98966.7%
CSCO	Buy	CISCO SYSTEMS	$27,121,000	+31.1%	855,000	+18.5%	2.72%	+15.4%
LMT	Buy	LOCKHEED MARTIN	$26,058,000	+5.4%	108,700	+9.1%	2.61%	-7.2%
MO	Buy	ALTRIA GROUP	$25,828,000	-5.1%	408,484	+3.5%	2.59%	-16.4%
JPM	Buy	JPMORGAN CHASE	$24,919,000	+16.5%	374,217	+8.7%	2.50%	+2.5%
MRK	Buy	MERCK & CO	$24,789,000	+23.5%	397,200	+14.0%	2.48%	+8.8%
WFC	Buy	WELLS FARGO	$22,389,000	-2.1%	505,620	+4.7%	2.24%	-13.8%
VZ	Buy	VERIZON COMMUNICATIONS	$21,307,000	+4.0%	409,900	+11.8%	2.14%	-8.4%
INTC	Buy	INTEL	$20,819,000	+24.9%	551,500	+8.5%	2.09%	+9.9%
EPD	Buy	ENTERPRISE PRODUCTS PARTNERS	$20,750,000	+25.7%	751,000	+33.2%	2.08%	+10.6%
PSA	Buy	PUBLIC STORAGE	$20,551,000	+8.4%	92,100	+24.1%	2.06%	-4.6%
EQR	Buy	EQUITY RESIDENTIAL	$20,491,000	+32.1%	318,530	+41.4%	2.05%	+16.3%
RAI	Buy	REYNOLDS AMERICAN	$20,192,000	+12.6%	428,259	+28.8%	2.02%	-0.9%
QCOM	Buy	QUALCOMM	$19,666,000	+75.7%	287,100	+37.4%	1.97%	+54.7%
SPG	Buy	SIMON PROPERTY GROUP	$19,451,000	+18.7%	93,960	+24.4%	1.95%	+4.4%
IBM	Buy	INTL BUSINESS MACHINES	$19,269,000	+11.0%	121,300	+6.0%	1.93%	-2.3%
MSFT	Buy	MICROSOFT	$19,152,000	+26.7%	332,500	+12.6%	1.92%	+11.5%
T	Buy	AT&T	$18,261,000	+2.6%	449,670	+9.2%	1.83%	-9.7%
MMP	Buy	MAGELLAN MIDSTREAM PARTNERS	$16,398,000	+64.5%	231,800	+76.7%	1.64%	+44.8%
MXIM	Buy	MAXIM INTEGRATED PRODUCTS	$16,375,000	+45.6%	410,100	+30.1%	1.64%	+28.2%
CVX	Buy	CHEVRON	$15,999,000	+3.4%	155,450	+5.3%	1.60%	-9.0%
DRI	Buy	DARDEN RESTAURANTS	$15,275,000	+15.1%	249,100	+18.9%	1.53%	+1.3%
CME	Buy	CHICAGO MERCANTILE EXCHANGE	$15,051,000	+17.8%	144,000	+9.8%	1.51%	+3.6%
XOM	Buy	EXXON MOBIL	$14,965,000	+3.0%	171,456	+10.6%	1.50%	-9.4%
TGT	Buy	TARGET	$13,887,000	+16.3%	202,200	+18.2%	1.39%	+2.4%
BOH	Buy	BANK OF HAWAII	$13,348,000	+35.8%	183,800	+28.6%	1.34%	+19.5%
LYB	Buy	LYONDELLBASELL INDUSTRIES-CL A	$11,623,000	+39.7%	144,100	+28.9%	1.16%	+23.0%
AEE	Buy	AMEREN	$10,697,000	+1.4%	217,500	+10.5%	1.07%	-10.7%
MAT	Buy	MATTEL	$10,547,000	-2.6%	348,300	+0.6%	1.06%	-14.3%
WMT	Buy	WAL-MART STORES	$10,206,000	+10.7%	141,520	+12.1%	1.02%	-2.5%
TEVA	New	TEVA PHARMACEUTICAL ADR	$9,736,000	–	211,600	–	0.98%	–
BA	Buy	BOEING	$9,657,000	+13.7%	73,300	+12.1%	0.97%	+0.1%
PM	Sell	PHILIP MORRIS	$9,625,000	-37.6%	99,000	-34.7%	0.96%	-45.1%
EMR	Buy	EMERSON ELECTRIC	$9,545,000	+8.6%	175,100	+3.9%	0.96%	-4.4%
ED	Buy	CONSOLIDATED EDISON	$9,413,000	+5.1%	125,000	+12.3%	0.94%	-7.5%
IVZ	Sell	INVESCO	$9,381,000	+1.4%	300,000	-17.2%	0.94%	-10.7%
DUK	Sell	DUKE ENERGY	$8,972,000	-41.4%	112,100	-37.2%	0.90%	-48.4%
SEP	Buy	SPECTRA ENERGY PARTNERS	$8,895,000	+18.6%	203,600	+28.1%	0.89%	+4.3%
KEY	Buy	KEYCORP	$8,094,000	+22.7%	665,100	+11.4%	0.81%	+8.0%
F	New	FORD MOTOR	$7,882,000	–	653,000	–	0.79%	–
GIS	Sell	GENERAL MILLS	$7,844,000	-57.3%	122,800	-52.3%	0.79%	-62.4%
PEP	Sell	PEPSICO	$5,591,000	-49.0%	51,400	-50.3%	0.56%	-55.1%
SO	Sell	SOUTHERN COMPANY	$5,438,000	-50.5%	106,000	-48.2%	0.54%	-56.4%
XOP	New	SPDR S&P OIL & GAS EXP & PR	$3,361,000	–	87,400	–	0.34%	–
IEI	Sell	ISHARES 3-7 YEAR TREASURY BOND	$2,946,000	-17.7%	23,306	-17.1%	0.30%	-27.7%
TLH	New	ISHARES 10-20 YEAR TREASURY	$632,000	–	4,364	–	0.06%	–
SPY	Buy	S&P 500 DEPOSITARY RECEIPTS	$413,000	+5.9%	1,908	+2.5%	0.04%	-6.8%
FTV	New	FORTIVE CORP	$15,000	–	300	–	0.00%	–
MDY	Exit	S&P 400 DEPOSITARY RECEIPTS	$0	–	-14,449	–	-0.45%	–
IVV	Exit	ISHARES S&P 500 INDEX FUND	$0	–	-30,335	–	-0.73%	–
MET	Exit	METLIFE	$0	–	-194,300	–	-0.88%	–
PRU	Exit	PRUDENTIAL FINANCIAL	$0	–	-121,400	–	-0.99%	–
CAT	Exit	CATERPILLAR	$0	–	-115,500	–	-1.00%	–

Q2 2016

			Value		Shares		↓ Weighting
MO	New	ALTRIA GROUP	$27,204,000	–	394,484	–	3.10%	–
LMT	New	LOCKHEED MARTIN	$24,718,000	–	99,600	–	2.81%	–
GE	New	GENERAL ELECTRIC	$23,431,000	–	744,302	–	2.67%	–
WFC	New	WELLS FARGO	$22,860,000	–	483,000	–	2.60%	–
JPM	New	JPMORGAN CHASE	$21,390,000	–	344,217	–	2.44%	–
SIX	New	SIX FLAGS ENTERTAINMENT	$21,018,000	–	362,700	–	2.39%	–
KHC	New	KRAFT HEINZ CO	$20,837,000	–	235,500	–	2.37%	–
CSCO	New	CISCO SYSTEMS	$20,694,000	–	721,300	–	2.36%	–
VZ	New	VERIZON COMMUNICATIONS	$20,482,000	–	366,800	–	2.33%	–
MRK	New	MERCK & CO	$20,066,000	–	348,300	–	2.28%	–
PAYX	New	PAYCHEX	$19,790,000	–	332,600	–	2.25%	–
MCD	New	MCDONALD'S	$19,182,000	–	159,400	–	2.18%	–
PSA	New	PUBLIC STORAGE	$18,965,000	–	74,200	–	2.16%	–
RGC	New	REGAL ENTERTAINMENT GROUP-A	$18,428,000	–	836,100	–	2.10%	–
GIS	New	GENERAL MILLS	$18,372,000	–	257,600	–	2.09%	–
RAI	New	REYNOLDS AMERICAN	$17,935,000	–	332,559	–	2.04%	–
PFE	New	PFIZER	$17,876,000	–	507,690	–	2.04%	–
JNJ	New	JOHNSON & JOHNSON	$17,843,000	–	147,100	–	2.03%	–
T	New	AT&T	$17,801,000	–	411,970	–	2.03%	–
IBM	New	INTL BUSINESS MACHINES	$17,364,000	–	114,400	–	1.98%	–
KMB	New	KIMBERLY-CLARK	$17,295,000	–	125,800	–	1.97%	–
INTC	New	INTEL	$16,673,000	–	508,320	–	1.90%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$16,503,000	–	564,000	–	1.88%	–
SPG	New	SIMON PROPERTY GROUP	$16,389,000	–	75,560	–	1.87%	–
EQR	New	EQUITY RESIDENTIAL	$15,514,000	–	225,230	–	1.77%	–
CVX	New	CHEVRON	$15,478,000	–	147,650	–	1.76%	–
PM	New	PHILIP MORRIS	$15,431,000	–	151,700	–	1.76%	–
DUK	New	DUKE ENERGY	$15,305,000	–	178,400	–	1.74%	–
MSFT	New	MICROSOFT	$15,116,000	–	295,400	–	1.72%	–
WM	New	WASTE MANAGEMENT	$14,964,000	–	225,800	–	1.70%	–
XOM	New	EXXON MOBIL	$14,526,000	–	154,956	–	1.65%	–
DRI	New	DARDEN RESTAURANTS	$13,270,000	–	209,500	–	1.51%	–
CME	New	CHICAGO MERCANTILE EXCHANGE	$12,779,000	–	131,200	–	1.46%	–
TGT	New	TARGET	$11,939,000	–	171,000	–	1.36%	–
MXIM	New	MAXIM INTEGRATED PRODUCTS	$11,249,000	–	315,200	–	1.28%	–
QCOM	New	QUALCOMM	$11,191,000	–	208,900	–	1.27%	–
SO	New	SOUTHERN COMPANY	$10,983,000	–	204,800	–	1.25%	–
PEP	New	PEPSICO	$10,954,000	–	103,400	–	1.25%	–
MAT	New	MATTEL	$10,829,000	–	346,100	–	1.23%	–
WR	New	WESTAR ENERGY	$10,775,000	–	192,100	–	1.23%	–
MCHP	New	MICROCHIP TECHNOLOGY	$10,604,000	–	208,900	–	1.21%	–
AEE	New	AMEREN	$10,550,000	–	196,900	–	1.20%	–
MMP	New	MAGELLAN MIDSTREAM PARTNERS	$9,971,000	–	131,200	–	1.14%	–
BOH	New	BANK OF HAWAII	$9,832,000	–	142,900	–	1.12%	–
PG	New	PROCTER & GAMBLE	$9,635,000	–	113,800	–	1.10%	–
IVZ	New	INVESCO	$9,251,000	–	362,200	–	1.05%	–
WMT	New	WAL-MART STORES	$9,217,000	–	126,220	–	1.05%	–
ED	New	CONSOLIDATED EDISON	$8,953,000	–	111,300	–	1.02%	–
DOW	New	DOW CHEMICAL	$8,928,000	–	179,600	–	1.02%	–
EMR	New	EMERSON ELECTRIC	$8,789,000	–	168,500	–	1.00%	–
CAT	New	CATERPILLAR	$8,756,000	–	115,500	–	1.00%	–
PRU	New	PRUDENTIAL FINANCIAL	$8,661,000	–	121,400	–	0.99%	–
AJG	New	ARTHUR J GALLAGHER & CO	$8,597,000	–	180,600	–	0.98%	–
PPL	New	PPL	$8,505,000	–	225,300	–	0.97%	–
BA	New	BOEING	$8,493,000	–	65,400	–	0.97%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$8,320,000	–	111,800	–	0.95%	–
PLD	New	PROLOGIS	$7,758,000	–	158,200	–	0.88%	–
MET	New	METLIFE	$7,739,000	–	194,300	–	0.88%	–
SEP	New	SPECTRA ENERGY PARTNERS	$7,502,000	–	159,000	–	0.85%	–
KEY	New	KEYCORP	$6,598,000	–	597,100	–	0.75%	–
IVV	New	ISHARES S&P 500 INDEX FUND	$6,386,000	–	30,335	–	0.73%	–
MDY	New	S&P 400 DEPOSITARY RECEIPTS	$3,933,000	–	14,449	–	0.45%	–
IEI	New	ISHARES 3-7 YEAR TREASURY BOND	$3,580,000	–	28,115	–	0.41%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS	$390,000	–	1,862	–	0.04%	–
WIA	New	WA/CLAY US INFL-LNKD SEC & INC FUND	$334,000	–	29,100	–	0.04%	–
IGIB	New	ISHARES BARCLAYS INTERMEDIATE	$277,000	–	2,490	–	0.03%	–
WIW	New	WA/CLAY US INFL-LNKD OPP & INC FUND	$218,000	–	19,600	–	0.02%	–
BRKA	New	BERKSHIRE HATHAWAY	$217,000	–	1	–	0.02%	–
BKT	New	BLACKROCK INCOME TRUST	$192,000	–	28,900	–	0.02%	–
HEFA	New	ISHA CURR HEDGED MSCI EAFE	$158,000	–	6,600	–	0.02%	–
AAPL	New	APPLE	$134,000	–	1,400	–	0.02%	–
DVY	New	ISHARES SELECT DIVIDEND ETF	$128,000	–	1,500	–	0.02%	–
SRCL	New	STERICYCLE	$125,000	–	1,200	–	0.01%	–
MMT	New	MFS MULTIMARKET INC TRUST	$121,000	–	20,000	–	0.01%	–
COF	New	CAPITAL ONE FINL	$125,000	–	1,969	–	0.01%	–
NKE	New	NIKE-B	$110,000	–	2,000	–	0.01%	–
GILD	New	GILEAD SCIENCES	$117,000	–	1,400	–	0.01%	–
TMO	New	THERMO FISHER SCIENTIFIC	$103,000	–	700	–	0.01%	–
ECL	New	ECOLAB	$107,000	–	900	–	0.01%	–
ETP	New	ENERGY TRANSFER PARTNERS	$94,000	–	2,473	–	0.01%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$100,000	–	1,000	–	0.01%	–
MIN	New	MFS INTERMEDIATE INC TRUST	$93,000	–	20,000	–	0.01%	–
AMGN	New	AMGEN	$99,000	–	650	–	0.01%	–
TLT	New	TLT US 07/15/16 P126put	$76,000	–	5,455	–	0.01%	–
MCR	New	MFS CHARTER INCOME TRUST	$80,000	–	9,400	–	0.01%	–
BRKB	New	BERKSHIRE HATHAWAY-CL B	$72,000	–	496	–	0.01%	–
MGF	New	MFS GOVT MARKETS INC TRUST	$67,000	–	12,433	–	0.01%	–
NVS	New	NOVARTIS-ADR	$72,000	–	876	–	0.01%	–
SCHW	New	CHARLES SCHWAB	$67,000	–	2,633	–	0.01%	–
GOOGL	New	ALPHABET INC-CL A	$70,000	–	100	–	0.01%	–
GOOG	New	ALPHABET INC- CL C	$69,000	–	100	–	0.01%	–
ORCL	New	ORACLE	$61,000	–	1,500	–	0.01%	–
DHR	New	DANAHER	$61,000	–	600	–	0.01%	–
PIM	New	PUTMAN MASTER INTER INCOME TRUST	$59,000	–	13,690	–	0.01%	–
PPT	New	PUTNAM PREMIER INCOME TRUST	$63,000	–	13,464	–	0.01%	–
MPLX	New	MPLX LP	$44,000	–	1,308	–	0.01%	–
KO	New	COCA-COLA	$45,000	–	1,000	–	0.01%	–
LLL	New	L-3 COMMUNICATIONS TITAN	$44,000	–	300	–	0.01%	–
CL	New	COLGATE-PALMOLIVE	$44,000	–	600	–	0.01%	–
ITW	New	ILLINOIS TOOL WORKS	$42,000	–	400	–	0.01%	–
DE	New	DEERE & CO	$41,000	–	500	–	0.01%	–
J	New	JACOBS ENGINEERING	$35,000	–	700	–	0.00%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$31,000	–	900	–	0.00%	–
CSX	New	CSX	$39,000	–	1,500	–	0.00%	–
DVN	New	DEVON ENERGY	$29,000	–	800	–	0.00%	–
BP	New	BP ADR	$16,000	–	459	–	0.00%	–
MON	New	MONSANTO	$21,000	–	200	–	0.00%	–
COP	New	CONOCOPHILLIPS	$13,000	–	300	–	0.00%	–
ITT	New	ITT	$13,000	–	400	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
MON	Exit	MONSANTO	$0	–	-200	–	-0.00%	–
BP	Exit	BP ADR	$0	–	-459	–	-0.00%	–
ITT	Exit	ITT	$0	–	-400	–	-0.00%	–
DVN	Exit	DEVON ENERGY	$0	–	-800	–	-0.00%	–
LLL	Exit	L-3 COMMUNICATIONS TITAN	$0	–	-300	–	-0.00%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.00%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.00%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.01%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.01%	–
DE	Exit	DEERE & CO	$0	–	-500	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
KO	Exit	COCA-COLA	$0	–	-1,000	–	-0.01%	–
BA	Exit	BOEING	$0	–	-400	–	-0.01%	–
POM	Exit	PEPCO HOLDINGS	$0	–	-2,100	–	-0.01%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.01%	–
MWE	Exit	MARKWEST ENERGY PARTNERS	$0	–	-1,200	–	-0.01%	–
PAA	Exit	PLAINS ALL AMERICAN PIPELINE	$0	–	-1,800	–	-0.01%	–
ORCL	Exit	ORACLE	$0	–	-1,500	–	-0.01%	–
PIM	Exit	PUTMAN MASTER INTER INCOME TRUST	$0	–	-13,690	–	-0.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY-CL B	$0	–	-496	–	-0.01%	–
PPT	Exit	PUTNAM PREMIER INCOME TRUST	$0	–	-13,464	–	-0.01%	–
GOOGL	Exit	GOOGLE	$0	–	-100	–	-0.01%	–
GOOG	Exit	GOOGLE-CL C	$0	–	-100	–	-0.01%	–
VTI	Exit	VANGUARD US TOTAL STOCK MKT	$0	–	-650	–	-0.01%	–
MGF	Exit	MFS GOVT MARKETS INC TRUST	$0	–	-12,433	–	-0.01%	–
HME	Exit	HOME PROPERTY	$0	–	-1,000	–	-0.01%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-900	–	-0.01%	–
MCR	Exit	MFS CHARTER INCOME TRUST	$0	–	-9,400	–	-0.01%	–
DRE	Exit	DUKE REALTY	$0	–	-3,900	–	-0.01%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.01%	–
NVS	Exit	NOVARTIS-ADR	$0	–	-876	–	-0.01%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.01%	–
PBCT	Exit	PEOPLE'S UNITED FINANCIAL	$0	–	-5,700	–	-0.01%	–
MIN	Exit	MFS INTERMEDIATE INC TRUST	$0	–	-20,000	–	-0.01%	–
TE	Exit	TECO ENERGY	$0	–	-3,500	–	-0.01%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.01%	–
AMGN	Exit	AMGEN	$0	–	-650	–	-0.01%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.01%	–
ETP	Exit	ENERGY TRANSFER PARTNERS	$0	–	-2,473	–	-0.02%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETF	$0	–	-1,500	–	-0.02%	–
MMT	Exit	MFS MULTIMARKET INC TRUST	$0	–	-20,000	–	-0.02%	–
WELL	Exit	WELLTOWER INC	$0	–	-1,700	–	-0.02%	–
NKE	Exit	NIKE-B	$0	–	-1,000	–	-0.02%	–
PCP	Exit	PRECISION CASTPARTS	$0	–	-600	–	-0.02%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-1,400	–	-0.02%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-2,920	–	-0.02%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.02%	–
AAPL	Exit	APPLE	$0	–	-1,400	–	-0.02%	–
HEFA	Exit	ISHA CURR HEDGED MSCI EAFE	$0	–	-6,600	–	-0.02%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.02%	–
BKT	Exit	BLACKROCK INCOME TRUST	$0	–	-28,900	–	-0.03%	–
BMR	Exit	BIOMED REALTY TRUST	$0	–	-9,380	–	-0.03%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.03%	–
WIW	Exit	WA/CLAY US INFL-LNKD OPP & INC FUND	$0	–	-19,600	–	-0.03%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS	$0	–	-1,183	–	-0.03%	–
HYG	Exit	ISHARES IBOXX H/Y CORP BOND ETF	$0	–	-3,285	–	-0.04%	–
WIA	Exit	WA/CLAY US INFL-LNKD SEC & INC FUND	$0	–	-29,100	–	-0.04%	–
IGIB	Exit	ISHARES BARCLAYS INTERMEDIATE	$0	–	-5,560	–	-0.09%	–
CHSP	Exit	CHESAPEAKE LODGING TRUST	$0	–	-40,400	–	-0.15%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-26,400	–	-0.17%	–
DXJ	Exit	WISDOMTREE JAPAN HEDGED	$0	–	-56,192	–	-0.39%	–
HEDJ	Exit	WISDOMTREE EUROPE HEDGED EQUITY FUND	$0	–	-51,801	–	-0.41%	–
WPZ	Exit	WILLIAMS PARTNERS	$0	–	-116,000	–	-0.53%	–
IVV	Exit	ISHARES S&P 500 INDEX FUND	$0	–	-21,300	–	-0.59%	–
IEI	Exit	ISHARES 3-7 YEAR TREASURY BOND	$0	–	-35,311	–	-0.63%	–
MMP	Exit	MAGELLAN MIDSTREAM PARTNERS	$0	–	-73,400	–	-0.64%	–
MDY	Exit	S&P 400 DEPOSITARY RECEIPTS	$0	–	-20,768	–	-0.74%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-215,100	–	-0.77%	–
PLD	Exit	PROLOGIS	$0	–	-153,900	–	-0.86%	–
STX	Exit	SEAGATE TECHNOLOGY	$0	–	-134,550	–	-0.87%	–
WMT	Exit	WAL-MART STORES	$0	–	-102,520	–	-0.96%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-93,800	–	-0.97%	–
MXIM	Exit	MAXIM INTEGRATED PRODUCTS	$0	–	-214,330	–	-1.03%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-110,780	–	-1.04%	–
DOW	Exit	DOW CHEMICAL	$0	–	-172,900	–	-1.06%	–
AJG	Exit	ARTHUR J GALLAGHER & CO	$0	–	-178,200	–	-1.06%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-82,400	–	-1.11%	–
PM	Exit	PHILIP MORRIS	$0	–	-97,400	–	-1.11%	–
WR	Exit	WESTAR ENERGY	$0	–	-201,400	–	-1.11%	–
SCHB	Exit	SCHWAB US BROAD MARKET ETF	$0	–	-172,300	–	-1.15%	–
XOM	Exit	EXXON MOBIL	$0	–	-108,956	–	-1.17%	–
KMI	Exit	KINDER MORGAN	$0	–	-294,100	–	-1.17%	–
IP	Exit	INTL PAPER	$0	–	-224,900	–	-1.22%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-199,800	–	-1.24%	–
QCOM	Exit	QUALCOMM	$0	–	-162,900	–	-1.26%	–
CVX	Exit	CHEVRON	$0	–	-111,250	–	-1.26%	–
AEE	Exit	AMEREN	$0	–	-209,100	–	-1.27%	–
MET	Exit	METLIFE	$0	–	-193,600	–	-1.31%	–
	Exit	HYG US 10/02/15 P83put	$0	–	-1,105	–	-1.32%	–
PRU	Exit	PRUDENTIAL FINANCIAL	$0	–	-120,900	–	-1.33%	–
PEP	Exit	PEPSICO	$0	–	-101,400	–	-1.38%	–
FHI	Exit	FEDERATED INVESTORS-CL B	$0	–	-332,500	–	-1.38%	–
MSFT	Exit	MICROSOFT	$0	–	-217,500	–	-1.38%	–
BOH	Exit	BANK OF HAWAII	$0	–	-152,900	–	-1.40%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-218,500	–	-1.40%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-223,500	–	-1.60%	–
RAI	Exit	REYNOLDS AMERICAN	$0	–	-258,684	–	-1.65%	–
SPG	Exit	SIMON PROPERTY GROUP	$0	–	-62,650	–	-1.66%	–
ABBV	Exit	ABBVIE	$0	–	-218,900	–	-1.71%	–
CME	Exit	CHICAGO MERCANTILE EXCHANGE	$0	–	-129,500	–	-1.73%	–
DUK	Exit	DUKE ENERGY	$0	–	-170,100	–	-1.76%	–
T	Exit	AT&T	$0	–	-380,270	–	-1.78%	–
MRK	Exit	MERCK & CO	$0	–	-254,600	–	-1.81%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-116,000	–	-1.82%	–
INTC	Exit	INTEL	$0	–	-431,320	–	-1.87%	–
GIS	Exit	GENERAL MILLS	$0	–	-239,100	–	-1.93%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP-A	$0	–	-734,400	–	-1.98%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-99,900	–	-2.08%	–
PAYX	Exit	PAYCHEX	$0	–	-308,500	–	-2.11%	–
SIX	Exit	SIX FLAGS ENTERTAINMENT	$0	–	-321,800	–	-2.12%	–
EQR	Exit	EQUITY RESIDENTIAL	$0	–	-197,000	–	-2.13%	–
MCD	Exit	MCDONALD'S	$0	–	-153,000	–	-2.17%	–
HAS	Exit	HASBRO	$0	–	-210,000	–	-2.18%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-577,900	–	-2.18%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-353,000	–	-2.21%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-612,222	–	-2.22%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-219,800	–	-2.23%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-75,100	–	-2.29%	–
PFE	Exit	PFIZER	$0	–	-555,590	–	-2.51%	–
WFC	Exit	WELLS FARGO	$0	–	-367,100	–	-2.71%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-319,617	–	-2.80%	–
TGT	Exit	TARGET	$0	–	-247,900	–	-2.81%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-102,700	–	-3.06%	–
MO	Exit	ALTRIA GROUP	$0	–	-404,584	–	-3.17%	–

Q3 2015

			Value		Shares		↓ Weighting
MO	Sell	ALTRIA GROUP	$22,009,000	+5.5%	404,584	-5.1%	3.17%	+14.9%
LMT	Sell	LOCKHEED MARTIN	$21,291,000	+11.2%	102,700	-0.3%	3.06%	+21.0%
TGT	Buy	TARGET	$19,500,000	-0.0%	247,900	+3.8%	2.81%	+8.9%
JPM	Buy	JPMORGAN CHASE	$19,487,000	-2.3%	319,617	+8.6%	2.80%	+6.4%
WFC	Buy	WELLS FARGO	$18,851,000	-1.1%	367,100	+8.3%	2.71%	+7.7%
PFE	Sell	PFIZER	$17,451,000	-6.4%	555,590	-0.0%	2.51%	+1.9%
KHC	New	KRAFT HEINZ CO	$15,513,000	–	219,800	–	2.23%	–
GE	Sell	GENERAL ELECTRIC	$15,440,000	-5.1%	612,222	-0.0%	2.22%	+3.3%
MCD	Sell	MCDONALD'S	$15,075,000	+3.4%	153,000	-0.2%	2.17%	+12.6%
SIX	Buy	SIX FLAGS ENTERTAINMENT	$14,732,000	+21.2%	321,800	+18.7%	2.12%	+32.0%
PAYX	Buy	PAYCHEX	$14,694,000	+14.6%	308,500	+12.8%	2.11%	+24.7%
IBM	Buy	INTL BUSINESS MACHINES	$14,483,000	-7.5%	99,900	+3.7%	2.08%	+0.7%
GIS	Buy	GENERAL MILLS	$13,421,000	+17.4%	239,100	+16.5%	1.93%	+27.8%
INTC	Sell	INTEL	$13,000,000	-1.0%	431,320	-0.1%	1.87%	+7.8%
KMB	Sell	KIMBERLY-CLARK	$12,649,000	+2.7%	116,000	-0.2%	1.82%	+11.8%
MRK	Sell	MERCK & CO	$12,575,000	-13.3%	254,600	-0.1%	1.81%	-5.7%
T	Buy	AT&T	$12,389,000	+15.3%	380,270	+25.7%	1.78%	+25.6%
RAI	Buy	REYNOLDS AMERICAN	$11,452,000	+18.5%	258,684	+99.8%	1.65%	+29.1%
WM	Sell	WASTE MANAGEMENT	$11,133,000	+7.3%	223,500	-0.1%	1.60%	+16.8%
BOH	Sell	BANK OF HAWAII	$9,708,000	-5.0%	152,900	-0.2%	1.40%	+3.5%
FHI	Sell	FEDERATED INVESTORS-CL B	$9,609,000	-21.6%	332,500	-9.1%	1.38%	-14.6%
PEP	Buy	PEPSICO	$9,562,000	+35.2%	101,400	+33.8%	1.38%	+47.2%
PRU	Buy	PRUDENTIAL FINANCIAL	$9,214,000	+44.8%	120,900	+66.3%	1.33%	+57.7%
	Sell	HYG US 10/02/15 P83put	$9,204,000	-68.7%	1,105	-66.6%	1.32%	-65.9%
MET	Buy	METLIFE	$9,128,000	-0.1%	193,600	+18.6%	1.31%	+8.7%
CVX	Sell	CHEVRON	$8,775,000	-18.4%	111,250	-0.3%	1.26%	-11.2%
QCOM	Buy	QUALCOMM	$8,753,000	+28135.5%	162,900	+32480.0%	1.26%	+31375.0%
KMI	Sell	KINDER MORGAN	$8,141,000	-46.8%	294,100	-26.3%	1.17%	-42.1%
XOM	Buy	EXXON MOBIL	$8,101,000	+164.2%	108,956	+195.6%	1.17%	+187.9%
SCHB	New	SCHWAB US BROAD MARKET ETF	$7,991,000	–	172,300	–	1.15%	–
PM	Sell	PHILIP MORRIS	$7,727,000	-1.4%	97,400	-0.4%	1.11%	+7.3%
JNJ	Buy	JOHNSON & JOHNSON	$7,692,000	+218.2%	82,400	+232.3%	1.11%	+247.0%
AJG	Sell	ARTHUR J GALLAGHER & CO	$7,356,000	-12.9%	178,200	-0.2%	1.06%	-5.2%
MXIM	Sell	MAXIM INTEGRATED PRODUCTS	$7,159,000	-23.3%	214,330	-20.6%	1.03%	-16.5%
PG	Buy	PROCTER & GAMBLE	$6,748,000	+10611.1%	93,800	+11625.0%	0.97%	+12037.5%
WMT	Buy	WAL-MART STORES	$6,647,000	+3473.7%	102,520	+3813.0%	0.96%	+3724.0%
STX	Sell	SEAGATE TECHNOLOGY	$6,028,000	-5.9%	134,550	-0.2%	0.87%	+2.5%
PLD	Sell	PROLOGIS	$5,987,000	-21.7%	153,900	-25.3%	0.86%	-14.8%
EPD	Sell	ENTERPRISE PRODUCTS PARTNERS	$5,356,000	-53.6%	215,100	-44.3%	0.77%	-49.4%
MMP	Sell	MAGELLAN MIDSTREAM PARTNERS	$4,412,000	-32.8%	73,400	-18.0%	0.64%	-26.8%
IVV	Buy	ISHARES S&P 500 INDEX FUND	$4,105,000	+14.9%	21,300	+23.5%	0.59%	+25.2%
WPZ	Sell	WILLIAMS PARTNERS	$3,703,000	-34.8%	116,000	-1.1%	0.53%	-29.0%
HEDJ	New	WISDOMTREE EUROPE HEDGED EQUITY FUND	$2,831,000	–	51,801	–	0.41%	–
DXJ	New	WISDOMTREE JAPAN HEDGED	$2,734,000	–	56,192	–	0.39%	–
EMR	Sell	EMERSON ELECTRIC	$1,166,000	-21.0%	26,400	-0.9%	0.17%	-13.8%
CHSP	Sell	CHESAPEAKE LODGING TRUST	$1,053,000	-86.3%	40,400	-84.0%	0.15%	-85.0%
IGIB	Sell	ISHARES BARCLAYS INTERMEDIATE	$604,000	-4.4%	5,560	-4.3%	0.09%	+3.6%
HYG	New	ISHARES IBOXX H/Y CORP BOND ETF	$274,000	–	3,285	–	0.04%	–
SPY	Buy	S&P 500 DEPOSITARY RECEIPTS	$227,000	+20.7%	1,183	+29.6%	0.03%	+32.0%
BMR	Sell	BIOMED REALTY TRUST	$187,000	-95.0%	9,380	-95.2%	0.03%	-94.5%
COP	Sell	CONOCOPHILLIPS	$140,000	-98.6%	2,920	-98.2%	0.02%	-98.5%
WELL	New	WELLTOWER INC	$115,000	–	1,700	–	0.02%	–
PBCT	Sell	PEOPLE'S UNITED FINANCIAL	$90,000	-9.1%	5,700	-6.4%	0.01%	0.0%
TE	Sell	TECO ENERGY	$92,000	+31.4%	3,500	-11.6%	0.01%	+44.4%
LYB	Sell	LYONDELLBASELL INDUSTRIES-CL A	$75,000	-54.8%	900	-43.8%	0.01%	-50.0%
VTI	Sell	VANGUARD US TOTAL STOCK MKT	$64,000	-99.3%	650	-99.2%	0.01%	-99.2%
PAA	Sell	PLAINS ALL AMERICAN PIPELINE	$55,000	-99.5%	1,800	-99.2%	0.01%	-99.4%
MWE	Sell	MARKWEST ENERGY PARTNERS	$51,000	-98.6%	1,200	-98.1%	0.01%	-98.5%
KO	Sell	COCA-COLA	$40,000	-18.4%	1,000	-19.4%	0.01%	0.0%
TLN	Exit	TALENT ENERGY CORP	$0	–	-54	–	0.00%	–
FNFG	Exit	FIRST NIAGARA FINANCIAL	$0	–	-260	–	0.00%	–
CMC	Exit	COMMERCIAL METALS	$0	–	-210	–	0.00%	–
CLF	Exit	CLIFFS NATURAL RESOURCES	$0	–	-220	–	0.00%	–
OLN	Exit	OLIN CORP	$0	–	-260	–	-0.00%	–
VLY	Exit	VALLEY NATIONAL BANCORP	$0	–	-400	–	-0.00%	–
BBT	Exit	BB&T CORPORATION	$0	–	-230	–	-0.00%	–
RSG	Exit	REPUBLIC SERVICES-CL A	$0	–	-270	–	-0.00%	–
RRD	Exit	RR DONNELLEY & SONS	$0	–	-480	–	-0.00%	–
CNP	Exit	CENTERPOINT ENERGY	$0	–	-320	–	-0.00%	–
NYCB	Exit	NY COMMUNITY BANCORP	$0	–	-540	–	-0.00%	–
CMS	Exit	CMS ENERGY	$0	–	-340	–	-0.00%	–
SPLS	Exit	STAPLES	$0	–	-260	–	-0.00%	–
DLX	Exit	DELUXE CORP	$0	–	-180	–	-0.00%	–
RPM	Exit	RPM INTERNATIONAL	$0	–	-210	–	-0.00%	–
ESV	Exit	ENSCO-CL A	$0	–	-450	–	-0.00%	–
FNB	Exit	FNB CORP	$0	–	-340	–	-0.00%	–
CNK	Exit	CINEMARK HOLDINGS	$0	–	-270	–	-0.00%	–
OGE	Exit	OGE ENERGY	$0	–	-220	–	-0.00%	–
STR	Exit	QUESTAR	$0	–	-290	–	-0.00%	–
ORI	Exit	OLD REPUBLIC INTL	$0	–	-390	–	-0.00%	–
PBI	Exit	PITNEY BOWES	$0	–	-300	–	-0.00%	–
SYY	Exit	SYSCO	$0	–	-270	–	-0.00%	–
FMER	Exit	FIRSTMERIT CORP	$0	–	-260	–	-0.00%	–
PDLI	Exit	PDL BIOPHARMA	$0	–	-650	–	-0.00%	–
OKE	Exit	ONEOK	$0	–	-230	–	-0.00%	–
TRMK	Exit	TRUSTMARK	$0	–	-310	–	-0.00%	–
MAT	Exit	MATTEL	$0	–	-280	–	-0.00%	–
SON	Exit	SONOCO PRODUCTS	$0	–	-270	–	-0.00%	–
AVY	Exit	AVERY DENNISON	$0	–	-210	–	-0.00%	–
EXC	Exit	EXELON	$0	–	-390	–	-0.00%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-360	–	-0.00%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-290	–	-0.00%	–
CPB	Exit	CAMPBELL SOUP	$0	–	-270	–	-0.00%	–
TUP	Exit	TUPPERWARE	$0	–	-230	–	-0.00%	–
NI	Exit	NISOURCE	$0	–	-280	–	-0.00%	–
XEL	Exit	XCEL ENERGY	$0	–	-360	–	-0.00%	–
IDA	Exit	IDACORP	$0	–	-300	–	-0.00%	–
CNL	Exit	CLECO CORPORATION	$0	–	-280	–	-0.00%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-240	–	-0.00%	–
GAS	Exit	AGL RESOURCES	$0	–	-360	–	-0.00%	–
MDP	Exit	MEREDITH	$0	–	-290	–	-0.00%	–
EIX	Exit	EDISON INTL	$0	–	-260	–	-0.00%	–
AVA	Exit	AVISTA	$0	–	-400	–	-0.00%	–
4107PS	Exit	MEADWESTVACO	$0	–	-250	–	-0.00%	–
ETN	Exit	EATON	$0	–	-210	–	-0.00%	–
PEG	Exit	PUBLIC SERVICE ENTERPRISE GROUP	$0	–	-400	–	-0.00%	–
LEG	Exit	LEGGETT & PLATT	$0	–	-360	–	-0.00%	–
GRMN	Exit	GARMIN	$0	–	-330	–	-0.00%	–
ES	Exit	EVERSOURCE ENERGY	$0	–	-310	–	-0.00%	–
BKH	Exit	BLACK HILLS CORP	$0	–	-270	–	-0.00%	–
PPL	Exit	PPL	$0	–	-440	–	-0.00%	–
HON	Exit	HONEYWELL INTL	$0	–	-180	–	-0.00%	–
SCG	Exit	SCANA	$0	–	-380	–	-0.00%	–
SRE	Exit	SEMPRA ENERGY	$0	–	-250	–	-0.00%	–
PNW	Exit	PINNACLE WEST CAPITAL	$0	–	-380	–	-0.00%	–
LNT	Exit	ALLIANT ENERGY	$0	–	-330	–	-0.00%	–
PCG	Exit	PACIFIC GAS & ELECTRIC	$0	–	-400	–	-0.00%	–
GPC	Exit	GENUINE PARTS	$0	–	-230	–	-0.00%	–
HFC	Exit	HOLLYFRONTIER	$0	–	-610	–	-0.00%	–
FE	Exit	FIRSTENERGY	$0	–	-600	–	-0.00%	–
MCY	Exit	MERCURY GENERAL	$0	–	-450	–	-0.00%	–
UVV	Exit	UNIVERSAL	$0	–	-350	–	-0.00%	–
NJR	Exit	NEW JERSEY RESOURCES	$0	–	-680	–	-0.00%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-380	–	-0.00%	–
DTE	Exit	DTE ENERGY	$0	–	-350	–	-0.00%	–
DRI	Exit	DARDEN RESTAURANTS	$0	–	-370	–	-0.00%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-280	–	-0.00%	–
GD	Exit	GENERAL DYNAMICS	$0	–	-220	–	-0.00%	–
ETR	Exit	ENTERGY	$0	–	-480	–	-0.00%	–
NOC	Exit	NORTHROP GRUMMAN	$0	–	-200	–	-0.00%	–
LLY	Exit	ELI LILLY & CO	$0	–	-340	–	-0.00%	–
CLX	Exit	CLOROX	$0	–	-260	–	-0.00%	–
WEC	Exit	ENERGY GROUP INC	$0	–	-838	–	-0.01%	–
LPT	Exit	LIBERTY PROPERTY TRUST	$0	–	-2,100	–	-0.01%	–
GSK	Exit	GLAXOSMITHKLINE ADR	$0	–	-2,100	–	-0.01%	–
NGLS	Exit	TARGA RESOURCES	$0	–	-2,100	–	-0.01%	–
LUMN	Exit	CENTURYTEL	$0	–	-3,420	–	-0.01%	–
HCN	Exit	HEALTH CARE REIT	$0	–	-1,700	–	-0.02%	–
RDSB	Exit	ROYAL DUTCH SH ADR B	$0	–	-77,800	–	-0.59%	–
D	Exit	DOMINION RESOURCES	$0	–	-80,410	–	-0.71%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-94,200	–	-0.72%	–
HRB	Exit	H&R BLOCK INC	$0	–	-185,600	–	-0.73%	–
KRFT	Exit	KRAFT FOODS GROUP	$0	–	-219,800	–	-2.47%	–

Q2 2015

			Value		Shares		↓ Weighting
	New	HYG US 09/18/15 P85put	$29,393,000	–	3,310	–	3.88%	–
MO	New	ALTRIA GROUP	$20,862,000	–	426,534	–	2.76%	–
JPM	New	JPMORGAN CHASE	$19,936,000	–	294,217	–	2.64%	–
TGT	New	TARGET	$19,501,000	–	238,900	–	2.58%	–
LMT	New	LOCKHEED MARTIN	$19,155,000	–	103,040	–	2.53%	–
WFC	New	WELLS FARGO	$19,060,000	–	338,900	–	2.52%	–
KRFT	New	KRAFT FOODS GROUP	$18,714,000	–	219,800	–	2.47%	–
PFE	New	PFIZER	$18,638,000	–	555,860	–	2.46%	–
VZ	New	VERIZON COMMUNICATIONS	$16,453,000	–	353,000	–	2.17%	–
GE	New	GENERAL ELECTRIC	$16,273,000	–	612,472	–	2.15%	–
CSCO	New	CISCO SYSTEMS	$15,869,000	–	577,900	–	2.10%	–
HAS	New	HASBRO	$15,706,000	–	210,000	–	2.08%	–
IBM	New	INTL BUSINESS MACHINES	$15,664,000	–	96,300	–	2.07%	–
RGC	New	REGAL ENTERTAINMENT GROUP-A	$15,356,000	–	734,400	–	2.03%	–
KMI	New	KINDER MORGAN	$15,310,000	–	398,800	–	2.02%	–
ABBV	New	ABBVIE	$14,708,000	–	218,900	–	1.94%	–
MCD	New	MCDONALD'S	$14,574,000	–	153,300	–	1.93%	–
MRK	New	MERCK & CO	$14,512,000	–	254,910	–	1.92%	–
PSA	New	PUBLIC STORAGE	$13,846,000	–	75,100	–	1.83%	–
EQR	New	EQUITY RESIDENTIAL	$13,823,000	–	197,000	–	1.83%	–
INTC	New	INTEL	$13,128,000	–	431,640	–	1.74%	–
PAYX	New	PAYCHEX	$12,826,000	–	273,600	–	1.70%	–
KMB	New	KIMBERLY-CLARK	$12,321,000	–	116,270	–	1.63%	–
FHI	New	FEDERATED INVESTORS-CL B	$12,255,000	–	365,940	–	1.62%	–
SIX	New	SIX FLAGS ENTERTAINMENT	$12,154,000	–	271,000	–	1.61%	–
CME	New	CHICAGO MERCANTILE EXCHANGE	$12,051,000	–	129,500	–	1.59%	–
DUK	New	DUKE ENERGY	$12,012,000	–	170,100	–	1.59%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$11,535,000	–	385,900	–	1.52%	–
GIS	New	GENERAL MILLS	$11,432,000	–	205,160	–	1.51%	–
SPG	New	SIMON PROPERTY GROUP	$10,840,000	–	62,650	–	1.43%	–
CVX	New	CHEVRON	$10,760,000	–	111,540	–	1.42%	–
T	New	AT&T	$10,742,000	–	302,430	–	1.42%	–
IP	New	INTL PAPER	$10,703,000	–	224,900	–	1.41%	–
WM	New	WASTE MANAGEMENT	$10,373,000	–	223,790	–	1.37%	–
PAA	New	PLAINS ALL AMERICAN PIPELINE	$10,321,000	–	236,880	–	1.36%	–
BOH	New	BANK OF HAWAII	$10,214,000	–	153,180	–	1.35%	–
COP	New	CONOCOPHILLIPS	$9,953,000	–	162,070	–	1.32%	–
RAI	New	REYNOLDS AMERICAN	$9,665,000	–	129,453	–	1.28%	–
MSFT	New	MICROSOFT	$9,603,000	–	217,500	–	1.27%	–
MCHP	New	MICROCHIP TECHNOLOGY	$9,476,000	–	199,800	–	1.25%	–
MXIM	New	MAXIM INTEGRATED PRODUCTS	$9,329,000	–	269,830	–	1.23%	–
SO	New	SOUTHERN COMPANY	$9,155,000	–	218,500	–	1.21%	–
MET	New	METLIFE	$9,138,000	–	163,200	–	1.21%	–
DOW	New	DOW CHEMICAL	$8,847,000	–	172,900	–	1.17%	–
VTI	New	VANGUARD US TOTAL STOCK MKT	$8,734,000	–	81,610	–	1.15%	–
AJG	New	ARTHUR J GALLAGHER & CO	$8,442,000	–	178,470	–	1.12%	–
AEE	New	AMEREN	$7,879,000	–	209,100	–	1.04%	–
PM	New	PHILIP MORRIS	$7,839,000	–	97,780	–	1.04%	–
CHSP	New	CHESAPEAKE LODGING TRUST	$7,690,000	–	252,300	–	1.02%	–
PLD	New	PROLOGIS	$7,643,000	–	206,000	–	1.01%	–
DLR	New	DIGITAL REALTY REIT	$7,387,000	–	110,780	–	0.98%	–
PEP	New	PEPSICO	$7,075,000	–	75,800	–	0.94%	–
WR	New	WESTAR ENERGY	$6,892,000	–	201,400	–	0.91%	–
MMP	New	MAGELLAN MIDSTREAM PARTNERS	$6,569,000	–	89,520	–	0.87%	–
STX	New	SEAGATE TECHNOLOGY	$6,405,000	–	134,850	–	0.85%	–
PRU	New	PRUDENTIAL FINANCIAL	$6,363,000	–	72,700	–	0.84%	–
WPZ	New	WILLIAMS PARTNERS	$5,679,000	–	117,266	–	0.75%	–
MDY	New	S&P 400 DEPOSITARY RECEIPTS	$5,674,000	–	20,768	–	0.75%	–
HRB	New	H&R BLOCK INC	$5,503,000	–	185,600	–	0.73%	–
ED	New	CONSOLIDATED EDISON	$5,452,000	–	94,200	–	0.72%	–
D	New	DOMINION RESOURCES	$5,377,000	–	80,410	–	0.71%	–
RDSB	New	ROYAL DUTCH SH ADR B	$4,462,000	–	77,800	–	0.59%	–
IEI	New	ISHARES 3-7 YEAR TREASURY BOND	$4,342,000	–	35,311	–	0.57%	–
BMR	New	BIOMED REALTY TRUST	$3,748,000	–	193,780	–	0.50%	–
IVV	New	ISHARES S&P 500 INDEX FUND	$3,574,000	–	17,245	–	0.47%	–
MWE	New	MARKWEST ENERGY PARTNERS	$3,556,000	–	63,080	–	0.47%	–
XOM	New	EXXON MOBIL	$3,066,000	–	36,856	–	0.40%	–
JNJ	New	JOHNSON & JOHNSON	$2,417,000	–	24,800	–	0.32%	–
EMR	New	EMERSON ELECTRIC	$1,476,000	–	26,630	–	0.20%	–
IGIB	New	ISHARES BARCLAYS INTERMEDIATE	$632,000	–	5,810	–	0.08%	–
WIA	New	WA/CLAY US INFL-LNKD SEC & INC FUND	$328,000	–	29,100	–	0.04%	–
WIW	New	WA/CLAY US INFL-LNKD OPP & INC FUND	$219,000	–	19,600	–	0.03%	–
BRKA	New	BERKSHIRE HATHAWAY	$205,000	–	1	–	0.03%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS	$188,000	–	913	–	0.02%	–
WMT	New	WAL-MART STORES	$186,000	–	2,620	–	0.02%	–
HEFA	New	ISHA CURR HEDGED MSCI EAFE	$180,000	–	6,600	–	0.02%	–
BKT	New	BLACKROCK INCOME TRUST	$183,000	–	28,900	–	0.02%	–
AAPL	New	APPLE	$176,000	–	1,400	–	0.02%	–
COF	New	CAPITAL ONE FINL	$173,000	–	1,969	–	0.02%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$166,000	–	1,600	–	0.02%	–
GILD	New	GILEAD SCIENCES	$164,000	–	1,400	–	0.02%	–
SRCL	New	STERICYCLE	$161,000	–	1,200	–	0.02%	–
ETP	New	ENERGY TRANSFER PARTNERS	$129,000	–	2,473	–	0.02%	–
PCP	New	PRECISION CASTPARTS	$120,000	–	600	–	0.02%	–
MMT	New	MFS MULTIMARKET INC TRUST	$121,000	–	20,000	–	0.02%	–
HCN	New	HEALTH CARE REIT	$112,000	–	1,700	–	0.02%	–
DVY	New	ISHARES SELECT DIVIDEND ETF	$113,000	–	1,500	–	0.02%	–
NKE	New	NIKE-B	$108,000	–	1,000	–	0.01%	–
LUMN	New	CENTURYTEL	$100,000	–	3,420	–	0.01%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$99,000	–	1,000	–	0.01%	–
ECL	New	ECOLAB	$102,000	–	900	–	0.01%	–
AMGN	New	AMGEN	$100,000	–	650	–	0.01%	–
PBCT	New	PEOPLE'S UNITED FINANCIAL	$99,000	–	6,090	–	0.01%	–
MIN	New	MFS INTERMEDIATE INC TRUST	$92,000	–	20,000	–	0.01%	–
TMO	New	THERMO FISHER SCIENTIFIC	$91,000	–	700	–	0.01%	–
MCR	New	MFS CHARTER INCOME TRUST	$80,000	–	9,400	–	0.01%	–
NGLS	New	TARGA RESOURCES	$81,000	–	2,100	–	0.01%	–
NVS	New	NOVARTIS-ADR	$86,000	–	876	–	0.01%	–
SCHW	New	CHARLES SCHWAB	$86,000	–	2,633	–	0.01%	–
GSK	New	GLAXOSMITHKLINE ADR	$87,000	–	2,100	–	0.01%	–
HME	New	HOME PROPERTY	$73,000	–	1,000	–	0.01%	–
DRE	New	DUKE REALTY	$72,000	–	3,900	–	0.01%	–
MGF	New	MFS GOVT MARKETS INC TRUST	$67,000	–	12,433	–	0.01%	–
PPT	New	PUTNAM PREMIER INCOME TRUST	$69,000	–	13,464	–	0.01%	–
PIM	New	PUTMAN MASTER INTER INCOME TRUST	$65,000	–	13,690	–	0.01%	–
LPT	New	LIBERTY PROPERTY TRUST	$68,000	–	2,100	–	0.01%	–
TE	New	TECO ENERGY	$70,000	–	3,960	–	0.01%	–
BRKB	New	BERKSHIRE HATHAWAY-CL B	$68,000	–	496	–	0.01%	–
POM	New	PEPCO HOLDINGS	$57,000	–	2,100	–	0.01%	–
ORCL	New	ORACLE	$60,000	–	1,500	–	0.01%	–
PG	New	PROCTER & GAMBLE	$63,000	–	800	–	0.01%	–
GOOGL	New	GOOGLE	$54,000	–	100	–	0.01%	–
BA	New	BOEING	$55,000	–	400	–	0.01%	–
DHR	New	DANAHER	$51,000	–	600	–	0.01%	–
GOOG	New	GOOGLE-CL C	$52,000	–	100	–	0.01%	–
CSX	New	CSX	$49,000	–	1,500	–	0.01%	–
DE	New	DEERE & CO	$49,000	–	500	–	0.01%	–
DVN	New	DEVON ENERGY	$48,000	–	800	–	0.01%	–
KO	New	COCA-COLA	$49,000	–	1,240	–	0.01%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$36,000	–	900	–	0.01%	–
CL	New	COLGATE-PALMOLIVE	$39,000	–	600	–	0.01%	–
ITW	New	ILLINOIS TOOL WORKS	$37,000	–	400	–	0.01%	–
WEC	New	ENERGY GROUP INC	$40,000	–	838	–	0.01%	–
LLL	New	L-3 COMMUNICATIONS TITAN	$34,000	–	300	–	0.00%	–
NEE	New	NEXTERA ENERGY	$27,000	–	280	–	0.00%	–
CLX	New	CLOROX	$27,000	–	260	–	0.00%	–
LLY	New	ELI LILLY & CO	$28,000	–	340	–	0.00%	–
GD	New	GENERAL DYNAMICS	$31,000	–	220	–	0.00%	–
QCOM	New	QUALCOMM	$31,000	–	500	–	0.00%	–
J	New	JACOBS ENGINEERING	$28,000	–	700	–	0.00%	–
ETR	New	ENTERGY	$34,000	–	480	–	0.00%	–
NOC	New	NORTHROP GRUMMAN	$32,000	–	200	–	0.00%	–
MCY	New	MERCURY GENERAL	$25,000	–	450	–	0.00%	–
AEP	New	AMERICAN ELECTRIC POWER	$20,000	–	380	–	0.00%	–
UVV	New	UNIVERSAL	$20,000	–	350	–	0.00%	–
PCG	New	PACIFIC GAS & ELECTRIC	$20,000	–	400	–	0.00%	–
HFC	New	HOLLYFRONTIER	$26,000	–	610	–	0.00%	–
GPC	New	GENUINE PARTS	$21,000	–	230	–	0.00%	–
FE	New	FIRSTENERGY	$20,000	–	600	–	0.00%	–
PNW	New	PINNACLE WEST CAPITAL	$22,000	–	380	–	0.00%	–
LNT	New	ALLIANT ENERGY	$19,000	–	330	–	0.00%	–
MON	New	MONSANTO	$21,000	–	200	–	0.00%	–
NJR	New	NEW JERSEY RESOURCES	$19,000	–	680	–	0.00%	–
DRI	New	DARDEN RESTAURANTS	$26,000	–	370	–	0.00%	–
DTE	New	DTE ENERGY	$26,000	–	350	–	0.00%	–
SCG	New	SCANA	$19,000	–	380	–	0.00%	–
SRE	New	SEMPRA ENERGY	$25,000	–	250	–	0.00%	–
BKH	New	BLACK HILLS CORP	$12,000	–	270	–	0.00%	–
BMY	New	BRISTOL-MYERS SQUIBB	$16,000	–	240	–	0.00%	–
GRMN	New	GARMIN	$14,000	–	330	–	0.00%	–
IDA	New	IDACORP	$17,000	–	300	–	0.00%	–
EXC	New	EXELON	$12,000	–	390	–	0.00%	–
ES	New	EVERSOURCE ENERGY	$14,000	–	310	–	0.00%	–
PEG	New	PUBLIC SERVICE ENTERPRISE GROUP	$16,000	–	400	–	0.00%	–
CNL	New	CLECO CORPORATION	$15,000	–	280	–	0.00%	–
EIX	New	EDISON INTL	$14,000	–	260	–	0.00%	–
CINF	New	CINCINNATI FINANCIAL	$15,000	–	290	–	0.00%	–
ITT	New	ITT	$17,000	–	400	–	0.00%	–
MDP	New	MEREDITH	$15,000	–	290	–	0.00%	–
UBSI	New	UNITED BANKSHARES	$14,000	–	360	–	0.00%	–
TUP	New	TUPPERWARE	$15,000	–	230	–	0.00%	–
CPB	New	CAMPBELL SOUP	$13,000	–	270	–	0.00%	–
AVA	New	AVISTA	$12,000	–	400	–	0.00%	–
AVY	New	AVERY DENNISON	$13,000	–	210	–	0.00%	–
XEL	New	XCEL ENERGY	$12,000	–	360	–	0.00%	–
NI	New	NISOURCE	$13,000	–	280	–	0.00%	–
PPL	New	PPL	$13,000	–	440	–	0.00%	–
HON	New	HONEYWELL INTL	$18,000	–	180	–	0.00%	–
LEG	New	LEGGETT & PLATT	$18,000	–	360	–	0.00%	–
GAS	New	AGL RESOURCES	$17,000	–	360	–	0.00%	–
ETN	New	EATON	$14,000	–	210	–	0.00%	–
BP	New	BP ADR	$18,000	–	459	–	0.00%	–
SON	New	SONOCO PRODUCTS	$12,000	–	270	–	0.00%	–
4107PS	New	MEADWESTVACO	$12,000	–	250	–	0.00%	–
STR	New	QUESTAR	$6,000	–	290	–	0.00%	–
NYCB	New	NY COMMUNITY BANCORP	$10,000	–	540	–	0.00%	–
OGE	New	OGE ENERGY	$6,000	–	220	–	0.00%	–
ORI	New	OLD REPUBLIC INTL	$6,000	–	390	–	0.00%	–
OLN	New	OLIN CORP	$7,000	–	260	–	0.00%	–
OKE	New	ONEOK	$9,000	–	230	–	0.00%	–
PDLI	New	PDL BIOPHARMA	$4,000	–	650	–	0.00%	–
PBI	New	PITNEY BOWES	$6,000	–	300	–	0.00%	–
FMER	New	FIRSTMERIT CORP	$5,000	–	260	–	0.00%	–
FNB	New	FNB CORP	$5,000	–	340	–	0.00%	–
RRD	New	RR DONNELLEY & SONS	$8,000	–	480	–	0.00%	–
MAT	New	MATTEL	$7,000	–	280	–	0.00%	–
RPM	New	RPM INTERNATIONAL	$10,000	–	210	–	0.00%	–
RSG	New	REPUBLIC SERVICES-CL A	$11,000	–	270	–	0.00%	–
DLX	New	DELUXE CORP	$11,000	–	180	–	0.00%	–
SPLS	New	STAPLES	$4,000	–	260	–	0.00%	–
SYY	New	SYSCO	$10,000	–	270	–	0.00%	–
CNK	New	CINEMARK HOLDINGS	$11,000	–	270	–	0.00%	–
CNP	New	CENTERPOINT ENERGY	$6,000	–	320	–	0.00%	–
TRMK	New	TRUSTMARK	$8,000	–	310	–	0.00%	–
VLY	New	VALLEY NATIONAL BANCORP	$4,000	–	400	–	0.00%	–
CMS	New	CMS ENERGY	$11,000	–	340	–	0.00%	–
BBT	New	BB&T CORPORATION	$9,000	–	230	–	0.00%	–
ESV	New	ENSCO-CL A	$10,000	–	450	–	0.00%	–
FNFG	New	FIRST NIAGARA FINANCIAL	$2,000	–	260	–	0.00%	–
CLF	New	CLIFFS NATURAL RESOURCES	$1,000	–	220	–	0.00%	–
CMC	New	COMMERCIAL METALS	$3,000	–	210	–	0.00%	–
TLN	New	TALENT ENERGY CORP	$1,000	–	54	–	0.00%	–

Q4 2014

			Value		Shares		↓ Weighting
CLF	Exit	CLIFFS NATURAL RESOURCES	$0	–	-220	–	0.00%	–
FNFG	Exit	FIRST NIAGARA FINANCIAL	$0	–	-260	–	0.00%	–
STR	Exit	QUESTAR	$0	–	-290	–	-0.00%	–
OLN	Exit	OLIN CORP	$0	–	-260	–	-0.00%	–
VLY	Exit	VALLEY NATIONAL BANCORP	$0	–	-400	–	-0.00%	–
ORI	Exit	OLD REPUBLIC INTL	$0	–	-390	–	-0.00%	–
SPLS	Exit	STAPLES	$0	–	-260	–	-0.00%	–
TRMK	Exit	TRUSTMARK	$0	–	-310	–	-0.00%	–
FNB	Exit	FNB CORP	$0	–	-340	–	-0.00%	–
PBI	Exit	PITNEY BOWES	$0	–	-300	–	-0.00%	–
CMC	Exit	COMMERCIAL METALS	$0	–	-210	–	-0.00%	–
PDLI	Exit	PDL BIOPHARMA	$0	–	-650	–	-0.00%	–
FMER	Exit	FIRSTMERIT CORP	$0	–	-260	–	-0.00%	–
AVY	Exit	AVERY DENNISON	$0	–	-210	–	-0.00%	–
DLX	Exit	DELUXE CORP	$0	–	-180	–	-0.00%	–
RPM	Exit	RPM INTERNATIONAL	$0	–	-210	–	-0.00%	–
4107PS	Exit	MEADWESTVACO	$0	–	-250	–	-0.00%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-360	–	-0.00%	–
SON	Exit	SONOCO PRODUCTS	$0	–	-270	–	-0.00%	–
BBT	Exit	BB&T CORPORATION	$0	–	-230	–	-0.00%	–
RSG	Exit	REPUBLIC SERVICES-CL A	$0	–	-270	–	-0.00%	–
SYY	Exit	SYSCO	$0	–	-270	–	-0.00%	–
NI	Exit	NISOURCE	$0	–	-280	–	-0.00%	–
RRD	Exit	RR DONNELLEY & SONS	$0	–	-480	–	-0.00%	–
OGE	Exit	OGE ENERGY	$0	–	-220	–	-0.00%	–
CPB	Exit	CAMPBELL SOUP	$0	–	-270	–	-0.00%	–
CNK	Exit	CINEMARK HOLDINGS	$0	–	-270	–	-0.00%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-240	–	-0.00%	–
CNP	Exit	CENTERPOINT ENERGY	$0	–	-320	–	-0.00%	–
NYCB	Exit	NY COMMUNITY BANCORP	$0	–	-540	–	-0.00%	–
MAT	Exit	MATTEL	$0	–	-280	–	-0.00%	–
AVA	Exit	AVISTA	$0	–	-400	–	-0.00%	–
CMS	Exit	CMS ENERGY	$0	–	-340	–	-0.00%	–
MDP	Exit	MEREDITH	$0	–	-290	–	-0.00%	–
XEL	Exit	XCEL ENERGY	$0	–	-360	–	-0.00%	–
HON	Exit	HONEYWELL INTL	$0	–	-180	–	-0.00%	–
WEC	Exit	WISCONSIN ENERGY	$0	–	-330	–	-0.00%	–
IDA	Exit	IDACORP	$0	–	-300	–	-0.00%	–
UVV	Exit	UNIVERSAL	$0	–	-350	–	-0.00%	–
ETN	Exit	EATON	$0	–	-210	–	-0.00%	–
EIX	Exit	EDISON INTL	$0	–	-260	–	-0.00%	–
TUP	Exit	TUPPERWARE	$0	–	-230	–	-0.00%	–
STX	Exit	SEAGATE TECHNOLOGY	$0	–	-300	–	-0.00%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-290	–	-0.00%	–
CNL	Exit	CLECO CORPORATION	$0	–	-280	–	-0.00%	–
NU	Exit	NORTHEAST UTILITIES	$0	–	-310	–	-0.00%	–
LEG	Exit	LEGGETT & PLATT	$0	–	-360	–	-0.00%	–
EXC	Exit	EXELON	$0	–	-390	–	-0.00%	–
NJR	Exit	NEW JERSEY RESOURCES	$0	–	-340	–	-0.00%	–
GRMN	Exit	GARMIN	$0	–	-330	–	-0.00%	–
BKH	Exit	BLACK HILLS CORP	$0	–	-270	–	-0.00%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-230	–	-0.00%	–
PEG	Exit	PUBLIC SERVICE ENTERPRISE GROUP	$0	–	-400	–	-0.00%	–
D	Exit	DOMINION RESOURCES	$0	–	-310	–	-0.00%	–
GPC	Exit	GENUINE PARTS	$0	–	-230	–	-0.00%	–
GAS	Exit	AGL RESOURCES	$0	–	-360	–	-0.00%	–
PNW	Exit	PINNACLE WEST CAPITAL	$0	–	-380	–	-0.00%	–
SCG	Exit	SCANA	$0	–	-380	–	-0.00%	–
LLY	Exit	ELI LILLY & CO	$0	–	-340	–	-0.00%	–
LNT	Exit	ALLIANT ENERGY	$0	–	-330	–	-0.00%	–
DRI	Exit	DARDEN RESTAURANTS	$0	–	-370	–	-0.00%	–
PCG	Exit	PACIFIC GAS & ELECTRIC	$0	–	-400	–	-0.00%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-380	–	-0.00%	–
MCY	Exit	MERCURY GENERAL	$0	–	-450	–	-0.00%	–
ITT	Exit	ITT	$0	–	-400	–	-0.00%	–
FE	Exit	FIRSTENERGY	$0	–	-600	–	-0.00%	–
ESV	Exit	ENSCO-CL A	$0	–	-450	–	-0.00%	–
BP	Exit	BP ADR	$0	–	-459	–	-0.00%	–
DTE	Exit	DTE ENERGY	$0	–	-350	–	-0.01%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-280	–	-0.01%	–
MON	Exit	MONSANTO	$0	–	-200	–	-0.01%	–
NOC	Exit	NORTHROP GRUMMAN	$0	–	-200	–	-0.01%	–
HFC	Exit	HOLLYFRONTIER	$0	–	-610	–	-0.01%	–
CLX	Exit	CLOROX	$0	–	-260	–	-0.01%	–
SRE	Exit	SEMPRA ENERGY	$0	–	-250	–	-0.01%	–
AMX	Exit	AMERICA MOVIL ADR	$0	–	-1,200	–	-0.01%	–
P105PS	Exit	INTEGRYS ENERGY GROUP	$0	–	-450	–	-0.01%	–
GD	Exit	GENERAL DYNAMICS	$0	–	-220	–	-0.01%	–
ETR	Exit	ENTERGY	$0	–	-480	–	-0.01%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.01%	–
QCOM	Exit	QUALCOMM	$0	–	-500	–	-0.01%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.01%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.01%	–
LLL	Exit	L-3 COMMUNICATIONS TITAN	$0	–	-300	–	-0.01%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.01%	–
DE	Exit	DEERE & CO	$0	–	-500	–	-0.01%	–
CMLP	Exit	CRESTWOOD MIDSTREAM PARTNERS	$0	–	-1,900	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
URBN	Exit	URBAN OUTFITTERS	$0	–	-1,200	–	-0.01%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.01%	–
BA	Exit	BOEING	$0	–	-400	–	-0.01%	–
KO	Exit	COCA-COLA	$0	–	-1,240	–	-0.01%	–
DVN	Exit	DEVON ENERGY	$0	–	-800	–	-0.01%	–
GOOG	Exit	GOOGLE-CL C	$0	–	-100	–	-0.01%	–
POM	Exit	PEPCO HOLDINGS	$0	–	-2,100	–	-0.01%	–
HME	Exit	HOME PROPERTY	$0	–	-1,000	–	-0.01%	–
ORCL	Exit	ORACLE	$0	–	-1,500	–	-0.01%	–
PPL	Exit	PPL	$0	–	-1,827	–	-0.01%	–
GOOGL	Exit	GOOGLE	$0	–	-100	–	-0.01%	–
HCP	Exit	HCP	$0	–	-1,700	–	-0.01%	–
DRE	Exit	DUKE REALTY	$0	–	-3,900	–	-0.01%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-800	–	-0.01%	–
VTI	Exit	VANGUARD US TOTAL STOCK MKT	$0	–	-650	–	-0.01%	–
MGF	Exit	MFS GOVT MARKETS INC TRUST	$0	–	-12,433	–	-0.01%	–
PIM	Exit	PUTMAN MASTER INTER INCOME TRUST	$0	–	-13,690	–	-0.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY-CL B	$0	–	-496	–	-0.01%	–
TE	Exit	TECO ENERGY	$0	–	-3,960	–	-0.01%	–
LPT	Exit	LIBERTY PROPERTY TRUST	$0	–	-2,100	–	-0.01%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-400	–	-0.02%	–
PPT	Exit	PUTNAM PREMIER INCOME TRUST	$0	–	-13,464	–	-0.02%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.02%	–
NVS	Exit	NOVARTIS-ADR	$0	–	-876	–	-0.02%	–
XOM	Exit	EXXON MOBIL	$0	–	-856	–	-0.02%	–
MCR	Exit	MFS CHARTER INCOME TRUST	$0	–	-9,400	–	-0.02%	–
PBCT	Exit	PEOPLE'S UNITED FINANCIAL	$0	–	-6,090	–	-0.02%	–
RGP	Exit	REGENCY ENERGY PARTNERS	$0	–	-2,600	–	-0.02%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.02%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.02%	–
AMGN	Exit	AMGEN	$0	–	-650	–	-0.02%	–
NKE	Exit	NIKE-B	$0	–	-1,000	–	-0.02%	–
GSK	Exit	GLAXOSMITHKLINE ADR	$0	–	-2,100	–	-0.02%	–
MIN	Exit	MFS INTERMEDIATE INC TRUST	$0	–	-20,000	–	-0.02%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.02%	–
HCN	Exit	HEALTH CARE REIT	$0	–	-1,700	–	-0.02%	–
ETP	Exit	ENERGY TRANSFER PARTNERS	$0	–	-1,900	–	-0.02%	–
MMT	Exit	MFS MULTIMARKET INC TRUST	$0	–	-20,000	–	-0.02%	–
WPZ	Exit	WILLIAMS PARTNERS	$0	–	-2,500	–	-0.03%	–
RAI	Exit	REYNOLDS AMERICAN	$0	–	-2,248	–	-0.03%	–
LUMN	Exit	CENTURYTEL	$0	–	-3,420	–	-0.03%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.03%	–
PCP	Exit	PRECISION CASTPARTS	$0	–	-600	–	-0.03%	–
AAPL	Exit	APPLE	$0	–	-1,400	–	-0.03%	–
CVX	Exit	CHEVRON	$0	–	-1,240	–	-0.03%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-1,400	–	-0.03%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.03%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-2,880	–	-0.04%	–
BKT	Exit	BLACKROCK INCOME TRUST	$0	–	-28,900	–	-0.04%	–
WMT	Exit	WAL-MART STORES	$0	–	-2,620	–	-0.04%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.04%	–
WIW	Exit	WA/CLAY US INFL-LNKD OPP & INC FUND	$0	–	-19,600	–	-0.04%	–
SPY	Exit	S&P 500 DEPOSITARY RECEIPTS	$0	–	-1,507	–	-0.06%	–
NGLS	Exit	TARGA RESOURCES	$0	–	-4,300	–	-0.06%	–
WIA	Exit	WA/CLAY US INFL-LNKD SEC & INC FUND	$0	–	-29,100	–	-0.07%	–
IGIB	Exit	ISHARES BARCLAYS INTERMEDIATE	$0	–	-6,335	–	-0.14%	–
IVV	Exit	ISHARES S&P 500 INDEX FUND	$0	–	-7,559	–	-0.30%	–
IWV	Exit	ISHARES RUSSELL 3000 ETF	$0	–	-21,650	–	-0.50%	–
MDY	Exit	S&P 400 DEPOSITARY RECEIPTS	$0	–	-10,340	–	-0.51%	–
BMR	Exit	BIOMED REALTY TRUST	$0	–	-153,880	–	-0.62%	–
EFA	Exit	ISHARES MSCI EAFE INDEX	$0	–	-49,580	–	-0.63%	–
CXW	Exit	CORRECTIONS CORP	$0	–	-93,580	–	-0.64%	–
AEE	Exit	AMEREN	$0	–	-87,900	–	-0.67%	–
CVI	Exit	CVR ENERGY	$0	–	-84,100	–	-0.74%	–
WR	Exit	WESTAR ENERGY	$0	–	-111,300	–	-0.75%	–
TRGP	Exit	TARGA RESOURCES	$0	–	-30,500	–	-0.82%	–
PM	Exit	PHILIP MORRIS	$0	–	-50,380	–	-0.83%	–
IP	Exit	INTL PAPER	$0	–	-88,700	–	-0.84%	–
CHSP	Exit	CHESAPEAKE LODGING TRUST	$0	–	-145,900	–	-0.84%	–
SIX	Exit	SIX FLAGS ENTERTAINMENT	$0	–	-127,300	–	-0.87%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-92,090	–	-0.87%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-176,030	–	-0.88%	–
MCD	Exit	MCDONALD'S	$0	–	-47,200	–	-0.88%	–
ABBV	Exit	ABBVIE	$0	–	-77,600	–	-0.89%	–
DD	Exit	DUPONT	$0	–	-63,200	–	-0.90%	–
BPL	Exit	BUCKEYE PARTNERS	$0	–	-57,000	–	-0.90%	–
T	Exit	AT&T	$0	–	-131,030	–	-0.91%	–
TK	Exit	TEEKAY	$0	–	-76,700	–	-1.01%	–
OKE	Exit	ONEOK	$0	–	-77,930	–	-1.01%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-122,700	–	-1.06%	–
TTE	Exit	TOTAL FINA ELF-SP ADR	$0	–	-86,400	–	-1.10%	–
RHHBY	Exit	ROCHE HOLDINGS-SPONS ADR	$0	–	-157,500	–	-1.15%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-55,070	–	-1.17%	–
MWE	Exit	MARKWEST ENERGY PARTNERS	$0	–	-78,380	–	-1.19%	–
AJG	Exit	ARTHUR J GALLAGHER & CO	$0	–	-135,470	–	-1.22%	–
GIS	Exit	GENERAL MILLS	$0	–	-123,860	–	-1.24%	–
KRFT	Exit	KRAFT FOODS GROUP	$0	–	-112,300	–	-1.25%	–
BOH	Exit	BANK OF HAWAII	$0	–	-112,580	–	-1.27%	–
TGT	Exit	TARGET	$0	–	-103,500	–	-1.28%	–
FHI	Exit	FEDERATED INVESTORS-CL B	$0	–	-221,940	–	-1.29%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-63,800	–	-1.34%	–
WFC	Exit	WELLS FARGO	$0	–	-138,900	–	-1.43%	–
MXIM	Exit	MAXIM INTEGRATED PRODUCTS	$0	–	-242,330	–	-1.45%	–
MMP	Exit	MAGELLAN MIDSTREAM PARTNERS	$0	–	-87,820	–	-1.46%	–
EQR	Exit	EQUITY RESIDENTIAL	$0	–	-123,320	–	-1.50%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-46,160	–	-1.52%	–
DUK	Exit	DUKE ENERGY	$0	–	-102,500	–	-1.52%	–
SPG	Exit	SIMON PROPERTY GROUP	$0	–	-47,250	–	-1.54%	–
HAS	Exit	HASBRO	$0	–	-141,900	–	-1.54%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP-A	$0	–	-396,625	–	-1.56%	–
PAYX	Exit	PAYCHEX	$0	–	-182,400	–	-1.60%	–
PFE	Exit	PFIZER	$0	–	-280,200	–	-1.64%	–
DOW	Exit	DOW CHEMICAL	$0	–	-160,400	–	-1.66%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-141,517	–	-1.69%	–
KMI	Exit	KINDER MORGAN	$0	–	-225,100	–	-1.71%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-187,600	–	-1.75%	–
LO	Exit	LORILLARD	$0	–	-148,580	–	-1.76%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-118,370	–	-1.79%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-49,940	–	-1.81%	–
	Exit	AMLP US 10/18/14 P19put	$0	–	-5,000	–	-1.90%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-376,372	–	-1.91%	–
WMB	Exit	WILLIAMS COS	$0	–	-175,200	–	-1.92%	–
PAA	Exit	PLAINS ALL AMERICAN PIPELINE	$0	–	-169,980	–	-1.98%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-258,240	–	-2.06%	–
	Exit	VNQ US 10/18/14 P73put	$0	–	-1,517	–	-2.16%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-221,300	–	-2.19%	–
WYNN	Exit	WYNN RESORTS	$0	–	-59,480	–	-2.20%	–
MO	Exit	ALTRIA GROUP	$0	–	-249,634	–	-2.27%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES-CL A	$0	–	-114,100	–	-2.45%	–
INTC	Exit	INTEL	$0	–	-362,840	–	-2.50%	–
MRK	Exit	MERCK & CO	$0	–	-214,010	–	-2.51%	–
MSFT	Exit	MICROSOFT	$0	–	-275,230	–	-2.52%	–
	Exit	SPY US 10/24/14 P190put	$0	–	-910	–	-3.55%	–
	Exit	HYG US 10/24/14 P88put	$0	–	-2,731	–	-4.97%	–

Q3 2014

			Value		Shares		↓ Weighting
	New	HYG US 10/24/14 P88put	$25,111,000	–	2,731	–	4.97%	–
	New	SPY US 10/24/14 P190put	$17,929,000	–	910	–	3.55%	–
MSFT	Buy	MICROSOFT	$12,760,000	+27.8%	275,230	+15.0%	2.52%	+0.2%
MRK	Buy	MERCK & CO	$12,687,000	+19.2%	214,010	+16.4%	2.51%	-6.6%
INTC	Buy	INTEL	$12,634,000	+30.3%	362,840	+15.6%	2.50%	+2.1%
LYB	Buy	LYONDELLBASELL INDUSTRIES-CL A	$12,398,000	+28.9%	114,100	+15.8%	2.45%	+1.0%
MO	Buy	ALTRIA GROUP	$11,468,000	+26.3%	249,634	+15.3%	2.27%	-1.0%
WYNN	Buy	WYNN RESORTS	$11,128,000	+23.9%	59,480	+37.5%	2.20%	-2.9%
VZ	Buy	VERIZON COMMUNICATIONS	$11,063,000	+55.8%	221,300	+52.5%	2.19%	+22.1%
	New	VNQ US 10/18/14 P73put	$10,900,000	–	1,517	–	2.16%	–
EPD	Buy	ENTERPRISE PRODUCTS PARTNERS	$10,407,000	+96.2%	258,240	+281.2%	2.06%	+53.8%
PAA	Buy	PLAINS ALL AMERICAN PIPELINE	$10,005,000	+29.5%	169,980	+32.1%	1.98%	+1.4%
WMB	Buy	WILLIAMS COS	$9,697,000	+9.4%	175,200	+15.0%	1.92%	-14.3%
GE	Sell	GENERAL ELECTRIC	$9,643,000	-5.5%	376,372	-3.1%	1.91%	-26.0%
	New	AMLP US 10/18/14 P19put	$9,585,000	–	5,000	–	1.90%	–
LMT	Buy	LOCKHEED MARTIN	$9,128,000	+31.6%	49,940	+15.8%	1.81%	+3.1%
COP	Sell	CONOCOPHILLIPS	$9,058,000	-18.4%	118,370	-8.6%	1.79%	-36.1%
LO	Buy	LORILLARD	$8,901,000	+6.2%	148,580	+8.1%	1.76%	-16.8%
MCHP	Buy	MICROCHIP TECHNOLOGY	$8,860,000	+11.8%	187,600	+15.5%	1.75%	-12.4%
KMI	Buy	KINDER MORGAN	$8,630,000	+53.3%	225,100	+45.0%	1.71%	+20.2%
JPM	Buy	JPMORGAN CHASE	$8,525,000	+20.7%	141,517	+15.4%	1.69%	-5.4%
DOW	Buy	DOW CHEMICAL	$8,411,000	+50.9%	160,400	+48.1%	1.66%	+18.3%
PFE	Sell	PFIZER	$8,286,000	-4.2%	280,200	-3.9%	1.64%	-25.0%
PAYX	Buy	PAYCHEX	$8,062,000	+23.2%	182,400	+15.9%	1.60%	-3.5%
RGC	Buy	REGAL ENTERTAINMENT GROUP-A	$7,885,000	+9.2%	396,625	+15.9%	1.56%	-14.5%
HAS	Buy	HASBRO	$7,804,000	+99.9%	141,900	+92.8%	1.54%	+56.6%
SPG	Buy	SIMON PROPERTY GROUP	$7,769,000	+114.3%	47,250	+116.7%	1.54%	+68.0%
DUK	Buy	DUKE ENERGY	$7,664,000	+17.0%	102,500	+16.0%	1.52%	-8.4%
PSA	Buy	PUBLIC STORAGE	$7,655,000	+161.3%	46,160	+169.9%	1.52%	+104.7%
EQR	Buy	EQUITY RESIDENTIAL	$7,594,000	+144.3%	123,320	+149.9%	1.50%	+91.5%
MMP	Buy	MAGELLAN MIDSTREAM PARTNERS	$7,393,000	+39.0%	87,820	+38.7%	1.46%	+8.9%
MXIM	Buy	MAXIM INTEGRATED PRODUCTS	$7,328,000	+18.6%	242,330	+32.6%	1.45%	-7.1%
WFC	Buy	WELLS FARGO	$7,205,000	+12.5%	138,900	+14.0%	1.43%	-11.8%
JNJ	Buy	JOHNSON & JOHNSON	$6,800,000	+25.7%	63,800	+23.4%	1.34%	-1.5%
FHI	Buy	FEDERATED INVESTORS-CL B	$6,516,000	+19.2%	221,940	+25.6%	1.29%	-6.6%
TGT	Buy	TARGET	$6,487,000	+38058.8%	103,500	+34400.0%	1.28%	+32000.0%
BOH	Buy	BANK OF HAWAII	$6,396,000	+44.2%	112,580	+49.0%	1.27%	+13.0%
KRFT	Buy	KRAFT FOODS GROUP	$6,334,000	+17.3%	112,300	+24.6%	1.25%	-8.1%
GIS	Buy	GENERAL MILLS	$6,249,000	+11058.9%	123,860	+11584.9%	1.24%	+8728.6%
AJG	Sell	ARTHUR J GALLAGHER & CO	$6,145,000	-7.8%	135,470	-5.2%	1.22%	-27.7%
MWE	Buy	MARKWEST ENERGY PARTNERS	$6,021,000	+4200.7%	78,380	+3919.5%	1.19%	+3302.9%
KMB	Buy	KIMBERLY-CLARK	$5,924,000	+20.3%	55,070	+24.4%	1.17%	-5.8%
RHHBY	Buy	ROCHE HOLDINGS-SPONS ADR	$5,826,000	+14.5%	157,500	+15.5%	1.15%	-10.3%
TTE	Buy	TOTAL FINA ELF-SP ADR	$5,568,000	+3.1%	86,400	+15.5%	1.10%	-19.2%
SO	Buy	SOUTHERN COMPANY	$5,356,000	+12.1%	122,700	+16.5%	1.06%	-12.2%
OKE	Buy	ONEOK	$5,108,000	+38.9%	77,930	+44.2%	1.01%	+8.8%
TK	Buy	TEEKAY	$5,090,000	+22.9%	76,700	+15.3%	1.01%	-3.7%
T	Buy	AT&T	$4,617,000	+32.0%	131,030	+32.4%	0.91%	+3.4%
BPL	Sell	BUCKEYE PARTNERS	$4,539,000	-25.4%	57,000	-22.2%	0.90%	-41.5%
DD	Buy	DUPONT	$4,535,000	+38.3%	63,200	+26.1%	0.90%	+8.3%
ABBV	Sell	ABBVIE	$4,482,000	-57.2%	77,600	-58.2%	0.89%	-66.5%
MCD	Buy	MCDONALD'S	$4,475,000	+3931.5%	47,200	+4190.9%	0.88%	+3060.7%
CSCO	Buy	CISCO SYSTEMS	$4,431,000	+17.3%	176,030	+15.8%	0.88%	-8.1%
SIX	Sell	SIX FLAGS ENTERTAINMENT	$4,378,000	-30.7%	127,300	-14.2%	0.87%	-45.7%
WM	Buy	WASTE MANAGEMENT	$4,377,000	+22.9%	92,090	+15.7%	0.87%	-3.7%
CHSP	Buy	CHESAPEAKE LODGING TRUST	$4,253,000	+380.0%	145,900	+398.0%	0.84%	+275.9%
IP	New	INTL PAPER	$4,235,000	–	88,700	–	0.84%	–
PM	Buy	PHILIP MORRIS	$4,202,000	+23.7%	50,380	+25.1%	0.83%	-3.1%
TRGP	Sell	TARGA RESOURCES	$4,153,000	-41.9%	30,500	-40.4%	0.82%	-54.5%
WR	Buy	WESTAR ENERGY	$3,798,000	+18.8%	111,300	+33.0%	0.75%	-6.9%
CVI	Buy	CVR ENERGY	$3,762,000	+6.6%	84,100	+14.9%	0.74%	-16.5%
AEE	Buy	AMEREN	$3,369,000	+7.9%	87,900	+15.1%	0.67%	-15.5%
CXW	Buy	CORRECTIONS CORP	$3,215,000	+21.2%	93,580	+15.9%	0.64%	-5.1%
BMR	Buy	BIOMED REALTY TRUST	$3,108,000	+6.6%	153,880	+15.2%	0.62%	-16.4%
IWV	Buy	ISHARES RUSSELL 3000 ETF	$2,529,000	+252.2%	21,650	+254.9%	0.50%	+176.2%
IVV	Buy	ISHARES S&P 500 INDEX FUND	$1,499,000	+56.5%	7,559	+55.5%	0.30%	+22.7%
IGIB	Sell	ISHARES BARCLAYS INTERMEDIATE	$692,000	-9.4%	6,335	-8.7%	0.14%	-29.0%
NGLS	Buy	TARGA RESOURCES	$311,000	+48.8%	4,300	+48.3%	0.06%	+17.0%
DLR	Sell	DIGITAL REALTY REIT	$180,000	-88.9%	2,880	-89.7%	0.04%	-91.2%
GILD	Sell	GILEAD SCIENCES	$149,000	-10.2%	1,400	-30.0%	0.03%	-31.0%
WPZ	Buy	WILLIAMS PARTNERS	$133,000	+87.3%	2,500	+92.3%	0.03%	+44.4%
GSK	Sell	GLAXOSMITHKLINE ADR	$97,000	-97.2%	2,100	-96.8%	0.02%	-97.8%
PBCT	Sell	PEOPLE'S UNITED FINANCIAL	$88,000	-97.6%	6,090	-97.4%	0.02%	-98.1%
NVS	Sell	NOVARTIS-ADR	$82,000	-38.8%	876	-40.7%	0.02%	-52.9%
IBM	Sell	INTL BUSINESS MACHINES	$76,000	-47.6%	400	-50.0%	0.02%	-59.5%
BRKB	Sell	BERKSHIRE HATHAWAY-CL B	$69,000	-63.5%	496	-66.8%	0.01%	-70.8%
VTI	New	VANGUARD US TOTAL STOCK MKT	$66,000	–	650	–	0.01%	–
NI	Sell	NISOURCE	$11,000	-68.6%	280	-68.2%	0.00%	-77.8%
F	Exit	FORD MOTOR	$0	–	-1,000	–	-0.00%	–
UNS	Exit	UNS ENERGY	$0	–	-330	–	-0.01%	–
SLB	Exit	SCHLUMBERGER	$0	–	-200	–	-0.01%	–
ET	Exit	ENERGY TRANSFER EQUITY	$0	–	-400	–	-0.01%	–
VB	Exit	VANGUARD SMALL-CAP ETF	$0	–	-241	–	-0.01%	–
PEP	Exit	PEPSICO	$0	–	-300	–	-0.01%	–
BAC	Exit	BANK OF AMERICA	$0	–	-2,000	–	-0.01%	–
SBUX	Exit	STARBUCKS	$0	–	-400	–	-0.01%	–
MCK	Exit	MCKESSON	$0	–	-300	–	-0.01%	–
CMP	Exit	COMPASS MINERALS INTERNATIONAL	$0	–	-700	–	-0.02%	–
QQQ	Exit	POWERSHARES QQQ	$0	–	-4,200	–	-0.10%	–
RWR	Exit	SPDR DOW JONES REIT ETF	$0	–	-5,355	–	-0.11%	–
SCHA	Exit	SCHWAB US SMALL-CAP ETF	$0	–	-12,400	–	-0.17%	–
EEM	Exit	EEM US 07/19/14 P40put	$0	–	-412	–	-0.45%	–
L109PS	Exit	ACCESS MIDSTREAM PARTNERS	$0	–	-57,300	–	-0.92%	–
TIP	Exit	TIP US 9/20/14 C115call	$0	–	-352	–	-1.03%	–
IWM	Exit	IWM US 08/16/14 P93put	$0	–	-836	–	-2.51%	–
SPY	Exit	SPY US 07/19/14 P170put	$0	–	-1,038	–	-5.13%	–

Q2 2014

			Value		Shares		↓ Weighting
SPY	New	SPY US 07/19/14 P170put	$20,316,000	–	1,038	–	5.13%	–
COP	New	CONOCOPHILLIPS	$11,099,000	–	129,470	–	2.80%	–
MRK	New	MERCK & CO	$10,639,000	–	183,910	–	2.69%	–
ABBV	New	ABBVIE	$10,470,000	–	185,500	–	2.64%	–
GE	New	GENERAL ELECTRIC	$10,203,000	–	388,232	–	2.58%	–
MSFT	New	MICROSOFT	$9,984,000	–	239,430	–	2.52%	–
IWM	New	IWM US 08/16/14 P93put	$9,933,000	–	836	–	2.51%	–
INTC	New	INTEL	$9,698,000	–	313,840	–	2.45%	–
LYB	New	LYONDELLBASELL INDUSTRIES-CL A	$9,619,000	–	98,500	–	2.43%	–
MO	New	ALTRIA GROUP	$9,077,000	–	216,434	–	2.29%	–
WYNN	New	WYNN RESORTS	$8,979,000	–	43,260	–	2.27%	–
WMB	New	WILLIAMS COS	$8,865,000	–	152,290	–	2.24%	–
PFE	New	PFIZER	$8,652,000	–	291,500	–	2.18%	–
LO	New	LORILLARD	$8,382,000	–	137,480	–	2.12%	–
MCHP	New	MICROCHIP TECHNOLOGY	$7,927,000	–	162,400	–	2.00%	–
PAA	New	PLAINS ALL AMERICAN PIPELINE	$7,728,000	–	128,700	–	1.95%	–
RGC	New	REGAL ENTERTAINMENT GROUP-A	$7,223,000	–	342,325	–	1.82%	–
TRGP	New	TARGA RESOURCES	$7,146,000	–	51,200	–	1.80%	–
VZ	New	VERIZON COMMUNICATIONS	$7,100,000	–	145,100	–	1.79%	–
JPM	New	JPMORGAN CHASE	$7,065,000	–	122,617	–	1.78%	–
LMT	New	LOCKHEED MARTIN	$6,934,000	–	43,140	–	1.75%	–
AJG	New	ARTHUR J GALLAGHER & CO	$6,662,000	–	142,970	–	1.68%	–
DUK	New	DUKE ENERGY	$6,553,000	–	88,333	–	1.66%	–
PAYX	New	PAYCHEX	$6,542,000	–	157,400	–	1.65%	–
WFC	New	WELLS FARGO	$6,402,000	–	121,800	–	1.62%	–
SIX	New	SIX FLAGS ENTERTAINMENT	$6,314,000	–	148,400	–	1.60%	–
MXIM	New	MAXIM INTEGRATED PRD	$6,178,000	–	182,730	–	1.56%	–
BPL	New	BUCKEYE PARTNERS	$6,084,000	–	73,250	–	1.54%	–
KMI	New	KINDER MORGAN	$5,628,000	–	155,200	–	1.42%	–
DOW	New	DOW CHEMICAL	$5,573,000	–	108,300	–	1.41%	–
FHI	New	FEDERATED INVESTORS-CL B	$5,465,000	–	176,740	–	1.38%	–
JNJ	New	JOHNSON & JOHNSON	$5,409,000	–	51,700	–	1.37%	–
KRFT	New	KRAFT FOODS GROUP	$5,401,000	–	90,100	–	1.36%	–
TTE	New	TOTAL FINA ELF-SP ADR	$5,401,000	–	74,800	–	1.36%	–
MMP	New	MAGELLAN MIDSTREAM PARTNERS	$5,320,000	–	63,300	–	1.34%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$5,304,000	–	67,750	–	1.34%	–
RHHBY	New	ROCHE HOLDINGS-SPONS ADR	$5,088,000	–	136,400	–	1.28%	–
KMB	New	KIMBERLY-CLARK	$4,924,000	–	44,270	–	1.24%	–
SO	New	SOUTHERN COMPANY	$4,779,000	–	105,300	–	1.21%	–
BOH	New	BANK OF HAWAII	$4,436,000	–	75,580	–	1.12%	–
TK	New	TEEKAY	$4,140,000	–	66,500	–	1.05%	–
TIP	New	TIP US 9/20/14 C115call	$4,061,000	–	352	–	1.03%	–
HAS	New	HASBRO	$3,904,000	–	73,600	–	0.99%	–
CSCO	New	CISCO SYSTEMS	$3,778,000	–	152,030	–	0.95%	–
OKE	New	ONEOK	$3,678,000	–	54,030	–	0.93%	–
L109PS	New	ACCESS MIDSTREAM PARTNERS	$3,641,000	–	57,300	–	0.92%	–
SPG	New	SIMON PROPERTY GROUP	$3,625,000	–	21,800	–	0.92%	–
PBCT	New	PEOPLE'S UNITED FINANCIAL	$3,606,000	–	237,690	–	0.91%	–
WM	New	WASTE MANAGEMENT	$3,560,000	–	79,590	–	0.90%	–
CVI	New	CVR ENERGY	$3,528,000	–	73,200	–	0.89%	–
T	New	AT&T	$3,499,000	–	98,960	–	0.88%	–
GSK	New	GLAXOSMITHKLINE ADR	$3,471,000	–	64,900	–	0.88%	–
PM	New	PHILIP MORRIS	$3,396,000	–	40,280	–	0.86%	–
EFA	New	ISHARES MSCI EAFE INDEX	$3,390,000	–	49,580	–	0.86%	–
DD	New	DUPONT	$3,279,000	–	50,100	–	0.83%	–
WR	New	WESTAR ENERGY	$3,197,000	–	83,700	–	0.81%	–
AEE	New	AMEREN	$3,123,000	–	76,400	–	0.79%	–
EQR	New	EQUITY RESIDENTIAL	$3,109,000	–	49,350	–	0.78%	–
PSA	New	PUBLIC STORAGE	$2,930,000	–	17,100	–	0.74%	–
BMR	New	BIOMED REALTY TRUST	$2,915,000	–	133,550	–	0.74%	–
MDY	New	S&P 400 DEPOSITARY RECEIPTS	$2,694,000	–	10,340	–	0.68%	–
CXW	New	CORRECTIONS CORP	$2,653,000	–	80,750	–	0.67%	–
EEM	New	EEM US 07/19/14 P40put	$1,781,000	–	412	–	0.45%	–
DLR	New	DIGITAL REALTY REIT	$1,627,000	–	27,900	–	0.41%	–
IVV	New	ISHARES S&P 500 INDEX FUND	$958,000	–	4,861	–	0.24%	–
CHSP	New	CHESAPEAKE LODGING TRUST	$886,000	–	29,300	–	0.22%	–
IGIB	New	ISHARES BARCLAYS INTERMEDIATE	$764,000	–	6,935	–	0.19%	–
IWV	New	ISHARES RUSSELL 3000 ETF	$718,000	–	6,100	–	0.18%	–
SCHA	New	SCHWAB US SMALL-CAP ETF	$680,000	–	12,400	–	0.17%	–
RWR	New	SPDR DOW JONES REIT ETF	$444,000	–	5,355	–	0.11%	–
QQQ	New	POWERSHARES QQQ	$394,000	–	4,200	–	0.10%	–
WIA	New	WA/CLAY US INFL-LNKD SEC & INC FUND	$356,000	–	29,100	–	0.09%	–
SPY	New	S&P 500 DEPOSITARY RECEIPTS	$295,000	–	1,507	–	0.07%	–
WIW	New	WA/CLAY US INFL-LNKD OPP & INC FUND	$241,000	–	19,600	–	0.06%	–
NGLS	New	TARGA RESOURCES	$209,000	–	2,900	–	0.05%	–
WMT	New	WAL-MART STORES	$197,000	–	2,620	–	0.05%	–
BRKA	New	BERKSHIRE HATHAWAY	$190,000	–	1	–	0.05%	–
BRKB	New	BERKSHIRE HATHAWAY-CL B	$189,000	–	1,496	–	0.05%	–
BKT	New	BLACKROCK INCOME TRUST	$192,000	–	28,900	–	0.05%	–
GILD	New	GILEAD SCIENCES	$166,000	–	2,000	–	0.04%	–
COF	New	CAPITAL ONE FINL	$163,000	–	1,969	–	0.04%	–
CVX	New	CHEVRON	$162,000	–	1,240	–	0.04%	–
PCP	New	PRECISION CASTPARTS	$151,000	–	600	–	0.04%	–
IBM	New	INTL BUSINESS MACHINES	$145,000	–	800	–	0.04%	–
SRCL	New	STERICYCLE	$142,000	–	1,200	–	0.04%	–
MWE	New	MARKWEST ENERGY PARTNERS	$140,000	–	1,950	–	0.04%	–
NVS	New	NOVARTIS-ADR	$134,000	–	1,476	–	0.03%	–
MMT	New	MFS MULTIMARKET INC TRUST	$133,000	–	20,000	–	0.03%	–
RAI	New	REYNOLDS AMERICAN	$136,000	–	2,248	–	0.03%	–
AAPL	New	APPLE	$130,000	–	1,400	–	0.03%	–
LUMN	New	CENTURYTEL	$124,000	–	3,420	–	0.03%	–
MCD	New	MCDONALD'S	$111,000	–	1,100	–	0.03%	–
ETP	New	ENERGY TRANSFER PARTNERS	$110,000	–	1,900	–	0.03%	–
MIN	New	MFS INTERMEDIATE INC TRUST	$106,000	–	20,000	–	0.03%	–
HCN	New	HEALTH CARE REIT	$107,000	–	1,700	–	0.03%	–
ECL	New	ECOLAB	$100,000	–	900	–	0.02%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$91,000	–	1,000	–	0.02%	–
XOM	New	EXXON MOBIL	$86,000	–	856	–	0.02%	–
MCR	New	MFS CHARTER INCOME TRUST	$87,000	–	9,400	–	0.02%	–
TMO	New	THERMO FISHER SCIENTIFIC	$83,000	–	700	–	0.02%	–
RGP	New	REGENCY ENERGY PARTNERS	$84,000	–	2,600	–	0.02%	–
NKE	New	NIKE-B	$78,000	–	1,000	–	0.02%	–
LPT	New	LIBERTY PROPERTY TRUST	$80,000	–	2,100	–	0.02%	–
PPT	New	PUTNAM PREMIER INCOME TRUST	$75,000	–	13,464	–	0.02%	–
AMGN	New	AMGEN	$77,000	–	650	–	0.02%	–
SCHW	New	CHARLES SCHWAB	$71,000	–	2,633	–	0.02%	–
TE	New	TECO ENERGY	$73,000	–	3,960	–	0.02%	–
MGF	New	MFS GOVT MARKETS INC TRUST	$72,000	–	12,433	–	0.02%	–
HCP	New	HCP	$70,000	–	1,700	–	0.02%	–
DRE	New	DUKE REALTY	$71,000	–	3,900	–	0.02%	–
WPZ	New	WILLIAMS PARTNERS	$71,000	–	1,300	–	0.02%	–
PIM	New	PUTMAN MASTER INTER INCOME TRUST	$71,000	–	13,690	–	0.02%	–
CMP	New	COMPASS MINERALS INTERNATIONAL	$67,000	–	700	–	0.02%	–
DVN	New	DEVON ENERGY	$64,000	–	800	–	0.02%	–
HME	New	HOME PROPERTY	$64,000	–	1,000	–	0.02%	–
PPL	New	PPL	$65,000	–	1,827	–	0.02%	–
PG	New	PROCTER & GAMBLE	$63,000	–	800	–	0.02%	–
ORCL	New	ORACLE	$61,000	–	1,500	–	0.02%	–
GOOGL	New	GOOGLE	$58,000	–	100	–	0.02%	–
GOOG	New	GOOGLE-CL C	$58,000	–	100	–	0.02%	–
POM	New	PEPCO HOLDINGS	$58,000	–	2,100	–	0.02%	–
GIS	New	GENERAL MILLS	$56,000	–	1,060	–	0.01%	–
MCK	New	MCKESSON	$56,000	–	300	–	0.01%	–
BA	New	BOEING	$51,000	–	400	–	0.01%	–
KO	New	COCA-COLA	$53,000	–	1,240	–	0.01%	–
DHR	New	DANAHER	$47,000	–	600	–	0.01%	–
CSX	New	CSX	$46,000	–	1,500	–	0.01%	–
DE	New	DEERE & CO	$45,000	–	500	–	0.01%	–
CMLP	New	CRESTWOOD MIDSTREAM PARTNERS	$42,000	–	1,900	–	0.01%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$39,000	–	900	–	0.01%	–
CL	New	COLGATE-PALMOLIVE	$41,000	–	600	–	0.01%	–
QCOM	New	QUALCOMM	$40,000	–	500	–	0.01%	–
ETR	New	ENTERGY	$39,000	–	480	–	0.01%	–
URBN	New	URBAN OUTFITTERS	$41,000	–	1,200	–	0.01%	–
LLL	New	L-3 COMMUNICATIONS TITAN	$36,000	–	300	–	0.01%	–
J	New	JACOBS ENGINEERING	$37,000	–	700	–	0.01%	–
NI	New	NISOURCE	$35,000	–	880	–	0.01%	–
ITW	New	ILLINOIS TOOL WORKS	$35,000	–	400	–	0.01%	–
BAC	New	BANK OF AMERICA	$31,000	–	2,000	–	0.01%	–
P105PS	New	INTEGRYS ENERGY GROUP	$32,000	–	450	–	0.01%	–
SBUX	New	STARBUCKS	$31,000	–	400	–	0.01%	–
GD	New	GENERAL DYNAMICS	$26,000	–	220	–	0.01%	–
SRE	New	SEMPRA ENERGY	$26,000	–	250	–	0.01%	–
PEP	New	PEPSICO	$27,000	–	300	–	0.01%	–
HFC	New	HOLLYFRONTIER	$27,000	–	610	–	0.01%	–
VB	New	VANGUARD SMALL-CAP ETF	$28,000	–	241	–	0.01%	–
NEE	New	NEXTERA ENERGY	$29,000	–	280	–	0.01%	–
DTE	New	DTE ENERGY	$27,000	–	350	–	0.01%	–
PNW	New	PINNACLE WEST CAPITAL	$22,000	–	380	–	0.01%	–
CLX	New	CLOROX	$24,000	–	260	–	0.01%	–
AMX	New	AMERICA MOVIL ADR	$25,000	–	1,200	–	0.01%	–
ET	New	ENERGY TRANSFER EQUITY	$24,000	–	400	–	0.01%	–
NOC	New	NORTHROP GRUMMAN	$24,000	–	200	–	0.01%	–
SLB	New	SCHLUMBERGER	$24,000	–	200	–	0.01%	–
ESV	New	ENSCO-CL A	$25,000	–	450	–	0.01%	–
BP	New	BP ADR	$24,000	–	459	–	0.01%	–
MON	New	MONSANTO	$25,000	–	200	–	0.01%	–
D	New	DOMINION RESOURCES	$22,000	–	310	–	0.01%	–
NJR	New	NEW JERSEY RESOURCES	$19,000	–	340	–	0.01%	–
TUP	New	TUPPERWARE	$19,000	–	230	–	0.01%	–
UNS	New	UNS ENERGY	$20,000	–	330	–	0.01%	–
LNT	New	ALLIANT ENERGY	$20,000	–	330	–	0.01%	–
UVV	New	UNIVERSAL	$19,000	–	350	–	0.01%	–
GRMN	New	GARMIN	$20,000	–	330	–	0.01%	–
PCG	New	PACIFIC GAS & ELECTRIC	$19,000	–	400	–	0.01%	–
LLY	New	ELI LILLY & CO	$21,000	–	340	–	0.01%	–
AEP	New	AMERICAN ELECTRIC POWER	$21,000	–	380	–	0.01%	–
GAS	New	AGL RESOURCES	$20,000	–	360	–	0.01%	–
MCY	New	MERCURY GENERAL	$21,000	–	450	–	0.01%	–
ITT	New	ITT	$19,000	–	400	–	0.01%	–
GPC	New	GENUINE PARTS	$20,000	–	230	–	0.01%	–
SCG	New	SCANA	$20,000	–	380	–	0.01%	–
FE	New	FIRSTENERGY	$21,000	–	600	–	0.01%	–
TGT	New	TARGET	$17,000	–	300	–	0.00%	–
HON	New	HONEYWELL INTL	$17,000	–	180	–	0.00%	–
CINF	New	CINCINNATI FINANCIAL	$14,000	–	290	–	0.00%	–
DRI	New	DARDEN RESTAURANTS	$17,000	–	370	–	0.00%	–
EIX	New	EDISON INTL	$15,000	–	260	–	0.00%	–
ETN	New	EATON	$16,000	–	210	–	0.00%	–
EMR	New	EMERSON ELECTRIC	$15,000	–	230	–	0.00%	–
CNL	New	CLECO CORPORATION	$17,000	–	280	–	0.00%	–
F	New	FORD MOTOR	$17,000	–	1,000	–	0.00%	–
NU	New	NORTHEAST UTILITIES	$15,000	–	310	–	0.00%	–
STX	New	SEAGATE TECHNOLOGY	$17,000	–	300	–	0.00%	–
MDP	New	MEREDITH	$14,000	–	290	–	0.00%	–
PEG	New	PUBLIC SERVICE ENTERPRISE GROUP	$16,000	–	400	–	0.00%	–
WEC	New	WISCONSIN ENERGY	$15,000	–	330	–	0.00%	–
BKH	New	BLACK HILLS CORP	$17,000	–	270	–	0.00%	–
IDA	New	IDACORP	$17,000	–	300	–	0.00%	–
EXC	New	EXELON	$14,000	–	390	–	0.00%	–
DLX	New	DELUXE CORP	$11,000	–	180	–	0.00%	–
4107PS	New	MEADWESTVACO	$11,000	–	250	–	0.00%	–
CMS	New	CMS ENERGY	$11,000	–	340	–	0.00%	–
CPB	New	CAMPBELL SOUP	$12,000	–	270	–	0.00%	–
MAT	New	MATTEL	$11,000	–	280	–	0.00%	–
BMY	New	BRISTOL-MYERS SQUIBB	$12,000	–	240	–	0.00%	–
LEG	New	LEGGETT & PLATT	$12,000	–	360	–	0.00%	–
CNK	New	CINEMARK HOLDINGS	$10,000	–	270	–	0.00%	–
RPM	New	RPM INTERNATIONAL	$10,000	–	210	–	0.00%	–
RSG	New	REPUBLIC SERVICES-CL A	$10,000	–	270	–	0.00%	–
SON	New	SONOCO PRODUCTS	$12,000	–	270	–	0.00%	–
SYY	New	SYSCO	$10,000	–	270	–	0.00%	–
AVA	New	AVISTA	$13,000	–	400	–	0.00%	–
AVY	New	AVERY DENNISON	$11,000	–	210	–	0.00%	–
UBSI	New	UNITED BANKSHARES	$12,000	–	360	–	0.00%	–
XEL	New	XCEL ENERGY	$12,000	–	360	–	0.00%	–
NYCB	New	NY COMMUNITY BANCORP	$9,000	–	540	–	0.00%	–
PDLI	New	PDL BIOPHARMA	$6,000	–	650	–	0.00%	–
CNP	New	CENTERPOINT ENERGY	$8,000	–	320	–	0.00%	–
OLN	New	OLIN CORP	$7,000	–	260	–	0.00%	–
ORI	New	OLD REPUBLIC INTL	$6,000	–	390	–	0.00%	–
OGE	New	OGE ENERGY	$9,000	–	220	–	0.00%	–
TRMK	New	TRUSTMARK	$8,000	–	310	–	0.00%	–
STR	New	QUESTAR	$7,000	–	290	–	0.00%	–
RRD	New	RR DONNELLEY & SONS	$8,000	–	480	–	0.00%	–
BBT	New	BB&T CORPORATION	$9,000	–	230	–	0.00%	–
PBI	New	PITNEY BOWES	$8,000	–	300	–	0.00%	–
VLY	New	VALLEY NATIONAL BANCORP	$4,000	–	400	–	0.00%	–
FNB	New	FNB CORP	$4,000	–	340	–	0.00%	–
FNFG	New	FIRST NIAGARA FINANCIAL	$2,000	–	260	–	0.00%	–
FMER	New	FIRSTMERIT CORP	$5,000	–	260	–	0.00%	–
SPLS	New	STAPLES	$3,000	–	260	–	0.00%	–
CMC	New	COMMERCIAL METALS	$4,000	–	210	–	0.00%	–
CLF	New	CLIFFS NATURAL RESOURCES	$3,000	–	220	–	0.00%	–

Q4 2013

			Value		Shares		↓ Weighting
VLY	Exit	VALLEY NATIONAL BANCORP	$0	–	-100	–	0.00%	–
FNB	Exit	FNB CORP	$0	–	-100	–	0.00%	–
FNFG	Exit	FIRST NIAGARA FINANCIAL	$0	–	-100	–	0.00%	–
AF	Exit	ASTORIA FINANCIAL	$0	–	-100	–	0.00%	–
HCBK	Exit	HUDSON CITY BANCORP	$0	–	-100	–	0.00%	–
RSG	Exit	REPUBLIC SERVICES-CL A	$0	–	-100	–	-0.00%	–
MAT	Exit	MATTEL	$0	–	-100	–	-0.00%	–
SYY	Exit	SYSCO	$0	–	-100	–	-0.00%	–
PBI	Exit	PITNEY BOWES	$0	–	-200	–	-0.00%	–
BBT	Exit	BB&T CORPORATION	$0	–	-100	–	-0.00%	–
RPM	Exit	RPM INTERNATIONAL	$0	–	-100	–	-0.00%	–
NU	Exit	NORTHEAST UTILITIES	$0	–	-100	–	-0.00%	–
EXC	Exit	EXELON	$0	–	-100	–	-0.00%	–
RRD	Exit	RR DONNELLEY & SONS	$0	–	-100	–	-0.00%	–
CMC	Exit	COMMERCIAL METALS	$0	–	-100	–	-0.00%	–
MAS	Exit	MASCO	$0	–	-100	–	-0.00%	–
CNL	Exit	CLECO CORPORATION	$0	–	-100	–	-0.00%	–
BGGSQ	Exit	BRIGGS & STRATTON	$0	–	-100	–	-0.00%	–
FE	Exit	FIRSTENERGY	$0	–	-100	–	-0.00%	–
LEG	Exit	LEGGETT & PLATT INC	$0	–	-100	–	-0.00%	–
CNP	Exit	CENTERPOINT ENERGY	$0	–	-100	–	-0.00%	–
NYCB	Exit	NY COMMUNITY BANCORP	$0	–	-200	–	-0.00%	–
AVA	Exit	AVISTA CORP	$0	–	-100	–	-0.00%	–
CNK	Exit	CINEMARK HOLDINGS	$0	–	-100	–	-0.00%	–
PCG	Exit	PG&E	$0	–	-100	–	-0.00%	–
AVP	Exit	AVON PRODUCTS	$0	–	-100	–	-0.00%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-100	–	-0.00%	–
AVY	Exit	AVERY DENNISON CORP	$0	–	-100	–	-0.00%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-100	–	-0.00%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-100	–	-0.00%	–
OLN	Exit	OLIN CORP	$0	–	-100	–	-0.00%	–
PEG	Exit	PUBLIC SERVICE ENTERPRISE GROUP	$0	–	-100	–	-0.00%	–
SON	Exit	SONOCO PRODUCTS	$0	–	-100	–	-0.00%	–
CMS	Exit	CMS ENERGY CORP	$0	–	-100	–	-0.00%	–
FMER	Exit	FIRSTMERIT CORP	$0	–	-100	–	-0.00%	–
NJR	Exit	NEW JERSEY RESOURCES COR	$0	–	-100	–	-0.00%	–
4107PS	Exit	MEADWESTVACO CORP	$0	–	-100	–	-0.00%	–
FTR	Exit	FRONTIER COMMUNICATIONS	$0	–	-700	–	-0.00%	–
DLX	Exit	DELUXE CORP	$0	–	-100	–	-0.00%	–
TRMK	Exit	TRUSTMARK CORP	$0	–	-100	–	-0.00%	–
UVV	Exit	UNIVERSAL CORP	$0	–	-100	–	-0.00%	–
P105PS	Exit	INTEGRYS ENERGY GROUP INC	$0	–	-100	–	-0.00%	–
LNT	Exit	ALLIANT ENERGY	$0	–	-100	–	-0.00%	–
DTE	Exit	DTE ENERGY	$0	–	-100	–	-0.00%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-100	–	-0.00%	–
OGE	Exit	OGE ENERGY	$0	–	-200	–	-0.00%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-100	–	-0.00%	–
GAS	Exit	AGL RESOURCES	$0	–	-100	–	-0.00%	–
SXT	Exit	SENSIENT TECHNOLOGIES	$0	–	-100	–	-0.00%	–
PNW	Exit	PINNACLE WEST CAPITAL	$0	–	-100	–	-0.00%	–
D	Exit	DOMINION RESOURCES	$0	–	-100	–	-0.00%	–
SCG	Exit	SCANA CORP	$0	–	-100	–	-0.00%	–
ETR	Exit	ENTERGY	$0	–	-100	–	-0.00%	–
MHFI	Exit	MCGRAW-HILL	$0	–	-100	–	-0.00%	–
OKE	Exit	ONEOK INC	$0	–	-100	–	-0.00%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-100	–	-0.00%	–
BOH	Exit	BANK OF HAWAII CORP	$0	–	-100	–	-0.00%	–
BKH	Exit	BLACK HILLS CORP	$0	–	-100	–	-0.00%	–
MCY	Exit	MERCURY GENERAL CORP	$0	–	-100	–	-0.00%	–
EIX	Exit	EDISON INTL	$0	–	-100	–	-0.00%	–
UNS	Exit	UNS ENERGY	$0	–	-100	–	-0.00%	–
LLY	Exit	ELI LILLY & CO	$0	–	-100	–	-0.00%	–
DRI	Exit	DARDEN RESTAURANTS	$0	–	-100	–	-0.00%	–
ALL	Exit	ALLSTATE	$0	–	-100	–	-0.00%	–
HON	Exit	HONEYWELL INTL	$0	–	-100	–	-0.00%	–
HD	Exit	HOME DEPOT	$0	–	-100	–	-0.00%	–
GD	Exit	GENERAL DYNAMICS CORP	$0	–	-100	–	-0.00%	–
WSO	Exit	WATSCO INC	$0	–	-100	–	-0.00%	–
CLX	Exit	CLOROX COMPANY	$0	–	-100	–	-0.00%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-100	–	-0.00%	–
IFF	Exit	INTL FLAVORS & FRAGRANCES	$0	–	-100	–	-0.00%	–
GPC	Exit	GENUINE PARTS	$0	–	-100	–	-0.00%	–
XEL	Exit	XCEL ENERGY	$0	–	-300	–	-0.00%	–
EMN	Exit	EASTMAN CHEMICAL COMPANY	$0	–	-100	–	-0.00%	–
SRE	Exit	SEMPRA ENERGY	$0	–	-100	–	-0.00%	–
TUP	Exit	TUPPERWARE	$0	–	-100	–	-0.00%	–
NOC	Exit	NORTHROP GRUMMAN	$0	–	-100	–	-0.00%	–
HUBB	Exit	HUBBELL INC-CL B	$0	–	-100	–	-0.00%	–
LO	Exit	LORILLARD INC	$0	–	-300	–	-0.01%	–
ITT	Exit	ITT	$0	–	-400	–	-0.01%	–
ET	Exit	ENERGY TRANSFER EQUITY LP	$0	–	-200	–	-0.01%	–
CPRN	Exit	CITIGROUP CAPITALpfd	$0	–	-600	–	-0.01%	–
PPG	Exit	PPG INDUSTRIES	$0	–	-100	–	-0.01%	–
SLB	Exit	SCHLUMBERGER	$0	–	-200	–	-0.01%	–
F	Exit	FORD MOTOR	$0	–	-1,000	–	-0.01%	–
BP	Exit	BP ADR	$0	–	-459	–	-0.01%	–
MON	Exit	MONSANTO	$0	–	-200	–	-0.01%	–
TGT	Exit	TARGET	$0	–	-300	–	-0.01%	–
NI	Exit	NISOURCE INC	$0	–	-700	–	-0.01%	–
GM	Exit	GENERAL MOTORS	$0	–	-600	–	-0.01%	–
PEP	Exit	PEPSICO	$0	–	-300	–	-0.01%	–
VB	Exit	VANGUARD SMALL-CAP ETF	$0	–	-241	–	-0.01%	–
AMX	Exit	AMERICA MOVIL ADR	$0	–	-1,200	–	-0.01%	–
LLL	Exit	L-3 COMMUNICATIONS TITAN	$0	–	-300	–	-0.01%	–
BAC	Exit	BANK OF AMERICA	$0	–	-2,000	–	-0.01%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-400	–	-0.01%	–
ALLYPRA	Exit	GMAC CAP TRpfd	$0	–	-1,200	–	-0.01%	–
SBUX	Exit	STARBUCKS	$0	–	-400	–	-0.01%	–
QCOM	Exit	QUALCOMM	$0	–	-500	–	-0.01%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-600	–	-0.01%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-900	–	-0.01%	–
MCK	Exit	MCKESSON CORP	$0	–	-300	–	-0.01%	–
CSX	Exit	CSX	$0	–	-1,500	–	-0.01%	–
DHR	Exit	DANAHER	$0	–	-600	–	-0.02%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-500	–	-0.02%	–
GIS	Exit	GENERAL MILLS	$0	–	-900	–	-0.02%	–
KO	Exit	COCA-COLA	$0	–	-1,100	–	-0.02%	–
DE	Exit	DEERE & COMPANY	$0	–	-500	–	-0.02%	–
J	Exit	JACOBS ENGINEERING	$0	–	-700	–	-0.02%	–
URBN	Exit	URBAN OUTFITTERS	$0	–	-1,200	–	-0.02%	–
LIFE	Exit	LIFE TECHNOLOGIES	$0	–	-600	–	-0.02%	–
DVN	Exit	DEVON ENERGY	$0	–	-800	–	-0.02%	–
BA	Exit	BOEING	$0	–	-400	–	-0.02%	–
ORCL	Exit	ORACLE	$0	–	-1,500	–	-0.02%	–
CMP	Exit	COMPASS MINERALS INTERNATIONAL	$0	–	-700	–	-0.02%	–
SCHW	Exit	CHARLES SCHWAB	$0	–	-2,633	–	-0.02%	–
DRE	Exit	DUKE REALTY	$0	–	-3,900	–	-0.02%	–
HME	Exit	HOME PROPERTY	$0	–	-1,000	–	-0.02%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-800	–	-0.02%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-700	–	-0.02%	–
LMT	Exit	LOCKHEED MARTIN	$0	–	-500	–	-0.02%	–
PIM	Exit	PUTMAN MASTER INTER INCOME TRUST	$0	–	-13,690	–	-0.02%	–
PPT	Exit	PUTNAM PREMIER INCOME TRUST	$0	–	-13,464	–	-0.02%	–
MGF	Exit	MFS GOVT MARKETS INC TRUST	$0	–	-12,433	–	-0.02%	–
AMGN	Exit	AMGEN INC	$0	–	-650	–	-0.03%	–
XOM	Exit	EXXON MOBIL	$0	–	-856	–	-0.03%	–
NKE	Exit	NIKE INC-B	$0	–	-1,000	–	-0.03%	–
WFCPRP	Exit	WELLS FARGOpfd	$0	–	-3,500	–	-0.03%	–
LPT	Exit	LIBERTY PROPERTY TRUST	$0	–	-2,100	–	-0.03%	–
IWF	Exit	ISHARES RUSSELL 1000 GROWTH	$0	–	-1,000	–	-0.03%	–
MCR	Exit	MFS CHARTER INCOME TRUST	$0	–	-9,400	–	-0.03%	–
GOOGL	Exit	GOOGLE	$0	–	-100	–	-0.03%	–
PPL	Exit	PPL	$0	–	-2,875	–	-0.03%	–
MCD	Exit	MCDONALD'S	$0	–	-900	–	-0.03%	–
ECL	Exit	ECOLAB	$0	–	-900	–	-0.03%	–
MDY	Exit	S&P 400 DEPOSITARY RECEIPTS	$0	–	-395	–	-0.03%	–
AAPL	Exit	APPLE	$0	–	-200	–	-0.03%	–
LUMN	Exit	CENTURYTEL	$0	–	-3,240	–	-0.04%	–
MIN	Exit	MFS INTERMEDIATE INC TRUST	$0	–	-20,000	–	-0.04%	–
NVS	Exit	NOVARTIS AG-ADR	$0	–	-1,476	–	-0.04%	–
BKPRC	Exit	BNY MELLONpfd	$0	–	-5,600	–	-0.04%	–
BBTPRF	Exit	BB&T CORPORATIONpfd	$0	–	-5,700	–	-0.04%	–
SWJCL	Exit	STANLEY BLACKpfd	$0	–	-5,400	–	-0.04%	–
SNHNI	Exit	SENIOR HOUSINGpfd	$0	–	-5,700	–	-0.04%	–
PJH	Exit	PRUDENTIAL FINANCIALpfd	$0	–	-5,600	–	-0.04%	–
TMKPRBCL	Exit	TORCHMARK CORPpfd	$0	–	-5,500	–	-0.04%	–
PNCPRQ	Exit	PNC FINANCIALpfd	$0	–	-5,600	–	-0.04%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-2,000	–	-0.04%	–
CVX	Exit	CHEVRON	$0	–	-1,050	–	-0.05%	–
MMT	Exit	MFS MULTIMARKET INC TRUST	$0	–	-20,000	–	-0.05%	–
WNAPRCL	Exit	WACHOVIA PFD FUNDINGpfd	$0	–	-5,100	–	-0.05%	–
COF	Exit	CAPITAL ONE FINL	$0	–	-1,969	–	-0.05%	–
PCP	Exit	PRECISION CASTPARTS	$0	–	-600	–	-0.05%	–
ARUCL	Exit	ARES CAPTIAL CORPpfd	$0	–	-5,600	–	-0.05%	–
EFA	Exit	ISHARES MSCI EAFE INDEX	$0	–	-2,150	–	-0.05%	–
SRCL	Exit	STERICYCLE	$0	–	-1,200	–	-0.05%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-800	–	-0.05%	–
AFPRC	Exit	ASTORIA FINANCIALpfd	$0	–	-7,000	–	-0.05%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC-CL B	$0	–	-1,496	–	-0.06%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.06%	–
CPRCCL	Exit	CITIGROUPpfd	$0	–	-8,100	–	-0.06%	–
THGA	Exit	HANOVER INSURANCEpfd	$0	–	-8,100	–	-0.06%	–
BXPPRB	Exit	BOSTON PROPERTIESpfd	$0	–	-8,800	–	-0.06%	–
BKT	Exit	BLACKROCK INCOME TRUST	$0	–	-28,900	–	-0.07%	–
WMT	Exit	WAL-MART STORES	$0	–	-2,620	–	-0.07%	–
CYNPRC	Exit	CITY NATIONALpfd	$0	–	-10,400	–	-0.07%	–
	Exit	WACHOVIA CAPITAL TRUST III FRNpfd	$0	–	-240,000	–	-0.08%	–
DUKH	Exit	DUKE ENERGYpfd	$0	–	-10,700	–	-0.08%	–
WIW	Exit	WA/CLAY US INFL-LKD OPP&INC	$0	–	-19,600	–	-0.08%	–
SPY	Exit	S&P DEPOSITARY RECEIPTS	$0	–	-1,409	–	-0.08%	–
NEEPRI	Exit	NEXTERA ENERGYpfd	$0	–	-12,600	–	-0.09%	–
USBPRO	Exit	US BANCORPpfd	$0	–	-12,200	–	-0.09%	–
CTXCL	Exit	QWEST CORPpfd	$0	–	-11,900	–	-0.10%	–
PRH	Exit	PRUDENTIAL FINANCIALpfd	$0	–	-13,700	–	-0.10%	–
	Exit	FIDELITY MUNI INC 2015 FUND	$0	–	-29,450	–	-0.11%	–
UTXPRA	Exit	UNITED TECHNOLOGIESpfd	$0	–	-5,000	–	-0.12%	–
WIA	Exit	WA/CLAY US INFL-LKD SEC&INC	$0	–	-29,100	–	-0.12%	–
JPMPRACL	Exit	JPMORGAN CHASEpfd	$0	–	-16,000	–	-0.12%	–
PSAPRSCL	Exit	PUBLIC STORAGEpfd	$0	–	-15,360	–	-0.12%	–
ALLPRB	Exit	ALLSTATE CORPpfd	$0	–	-21,500	–	-0.18%	–
EEMV	Exit	ISHARES MSCI EMERGING MARKETS	$0	–	-13,300	–	-0.28%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETF	$0	–	-13,800	–	-0.33%	–
	Exit	FIDELITY ADV MUNI INC 2017-I	$0	–	-94,463	–	-0.35%	–
	Exit	FIDELITY ADV MUNI INC 2015-I	$0	–	-96,607	–	-0.35%	–
EMB	Exit	EMB US 12/21/13 P100put	$0	–	-10,000	–	-0.39%	–
	Exit	FIRST REPUBLIC BANKpfd	$0	–	-46,600	–	-0.39%	–
VNOPRL	Exit	VORNADO REALTY TRUSTpfd	$0	–	-68,100	–	-0.48%	–
AREPRECL	Exit	ALEXANDRIA REALpfd	$0	–	-62,800	–	-0.52%	–
WFC	Exit	WELLS FARGO	$0	–	-40,600	–	-0.60%	–
DFSPRBCL	Exit	DISCOVER FINANCIALpfd	$0	–	-78,940	–	-0.66%	–
ED	Exit	CONSOLIDATED EDISON	$0	–	-37,500	–	-0.74%	–
SUSP	Exit	SUSSER PETROLEUM PARTNERS	$0	–	-68,700	–	-0.74%	–
BMR	Exit	BIOMED REALTY TRUST INC	$0	–	-113,100	–	-0.75%	–
PBCT	Exit	PEOPLE'S UNITED FINANCIAL	$0	–	-146,900	–	-0.75%	–
WR	Exit	WESTAR ENERGY	$0	–	-68,900	–	-0.75%	–
GSK	Exit	GLAXOSMITHKLINE ADR	$0	–	-42,500	–	-0.76%	–
DDRPRJ	Exit	DDR CORPpfd	$0	–	-99,600	–	-0.78%	–
AEE	Exit	AMEREN	$0	–	-65,300	–	-0.81%	–
TE	Exit	TECO ENERGY INC	$0	–	-138,400	–	-0.82%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-49,200	–	-0.82%	–
RGC	Exit	REGAL ENTERTAINMENT GROUP-A	$0	–	-120,850	–	-0.82%	–
EEP	Exit	ENBRIDGE ENERGY PARTNERS	$0	–	-75,400	–	-0.82%	–
USBPRM	Exit	U.S. BANCORPpfd	$0	–	-88,300	–	-0.82%	–
WPZ	Exit	WILLIAMS PARTNERS	$0	–	-45,200	–	-0.85%	–
DD	Exit	DUPONT	$0	–	-41,400	–	-0.86%	–
RGP	Exit	REGENCY ENERGY PARTNERS	$0	–	-85,200	–	-0.87%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-107,500	–	-0.90%	–
DLR	Exit	DIGITAL REALTY REIT	$0	–	-47,800	–	-0.90%	–
HCP	Exit	HCP INC	$0	–	-65,300	–	-0.95%	–
FHI	Exit	FEDERATED INVESTORS-CL B	$0	–	-99,800	–	-0.97%	–
DOW	Exit	DOW CHEMICAL	$0	–	-76,500	–	-1.05%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-31,200	–	-1.05%	–
WMB	Exit	WILLIAMS COMPANIES	$0	–	-81,500	–	-1.06%	–
EPD	Exit	ENTERPRISE PRODUCTS PARTNERS	$0	–	-49,000	–	-1.07%	–
POM	Exit	PEPCO HOLDINGS	$0	–	-164,940	–	-1.08%	–
CXW	Exit	CORRECTIONS CORP	$0	–	-88,400	–	-1.09%	–
KMI	Exit	KINDER MORGAN INC	$0	–	-86,900	–	-1.10%	–
PAYX	Exit	PAYCHEX	$0	–	-77,200	–	-1.12%	–
KRFT	Exit	KRAFT FOODS GROUP	$0	–	-60,300	–	-1.13%	–
AJG	Exit	ARTHUR J GALLAGHER & CO	$0	–	-72,900	–	-1.13%	–
PAA	Exit	PLAINS ALL AMERICAN PIPELINE	$0	–	-61,200	–	-1.15%	–
T	Exit	AT&T	$0	–	-98,778	–	-1.19%	–
SIX	Exit	SIX FLAGS ENTERTAINMENT	$0	–	-99,600	–	-1.20%	–
ETP	Exit	ENERGY TRANSFER PARTNERS	$0	–	-65,900	–	-1.22%	–
HCN	Exit	HEALTH CARE REIT	$0	–	-56,500	–	-1.26%	–
MCHP	Exit	MICROCHIP TECHNOLOGY	$0	–	-91,900	–	-1.32%	–
BMO	Exit	BANK OF MONTREAL	$0	–	-55,600	–	-1.32%	–
BWP	Exit	BOARDWALK PIPELINE PARTNERS	$0	–	-130,800	–	-1.42%	–
BPL	Exit	BUCKEYE PARTNERS LP	$0	–	-62,900	–	-1.47%	–
DOFSQ	Exit	DIAMOND OFFSHORE DRILLING INC	$0	–	-67,400	–	-1.50%	–
NGLS	Exit	TARGA RESOURCES PARTNERS	$0	–	-83,100	–	-1.52%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-52,400	–	-1.62%	–
RAI	Exit	REYNOLDS AMERICAN	$0	–	-95,748	–	-1.66%	–
DUK	Exit	DUKE ENERGY	$0	–	-73,033	–	-1.74%	–
PFE	Exit	PFIZER	$0	–	-179,900	–	-1.84%	–
ABBV	Exit	ABBVIE INC	$0	–	-115,900	–	-1.85%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-126,000	–	-1.85%	–
MO	Exit	ALTRIA GROUP	$0	–	-153,284	–	-1.88%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-104,017	–	-1.92%	–
WYNN	Exit	WYNN RESORTS	$0	–	-34,400	–	-1.94%	–
MSFT	Exit	MICROSOFT	$0	–	-169,800	–	-2.01%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-137,300	–	-2.02%	–
INTC	Exit	INTEL	$0	–	-251,000	–	-2.05%	–
MRK	Exit	MERCK & CO	$0	–	-130,200	–	-2.21%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-262,402	–	-2.23%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-92,670	–	-2.30%	–
	Exit	FARM CREDIT BANK OF TEXAS 144Apfd	$0	–	-88,800	–	-3.16%	–
SPY	Exit	SPY US 12/31/13 C190call	$0	–	-290,400	–	-17.39%	–

Q3 2013

			Value		Shares		↓ Weighting
SPY	New	SPY US 12/31/13 C190call	$48,790,000	–	290,400	–	17.39%	–
	New	FARM CREDIT BANK OF TEXAS 144Apfd	$8,880,000	–	88,800	–	3.16%	–
COP	Sell	CONOCOPHILLIPS	$6,441,000	+7.2%	92,670	-6.6%	2.30%	-2.1%
GE	Sell	GENERAL ELECTRIC	$6,269,000	-3.9%	262,402	-6.8%	2.23%	-12.4%
MRK	Sell	MERCK & CO	$6,199,000	-4.4%	130,200	-6.7%	2.21%	-12.8%
INTC	Sell	INTEL	$5,753,000	-11.9%	251,000	-6.8%	2.05%	-19.6%
WM	Buy	WASTE MANAGEMENT	$5,662,000	+23.7%	137,300	+21.0%	2.02%	+12.9%
MSFT	Buy	MICROSOFT	$5,651,000	+34.0%	169,800	+39.1%	2.01%	+22.2%
WYNN	Buy	WYNN RESORTS	$5,436,000	+40.2%	34,400	+13.5%	1.94%	+27.9%
JPM	Buy	JPMORGAN CHASE	$5,377,000	+11.5%	104,017	+13.9%	1.92%	+1.8%
MO	Sell	ALTRIA GROUP	$5,265,000	-21.9%	153,284	-20.4%	1.88%	-28.8%
SO	Buy	SOUTHERN COMPANY	$5,189,000	+41.7%	126,000	+51.8%	1.85%	+29.2%
ABBV	Sell	ABBVIE INC	$5,184,000	+0.8%	115,900	-6.8%	1.85%	-8.0%
PFE	Buy	PFIZER	$5,168,000	+89.4%	179,900	+84.7%	1.84%	+72.8%
DUK	Buy	DUKE ENERGY	$4,877,000	+63.7%	73,033	+65.5%	1.74%	+49.3%
RAI	Sell	REYNOLDS AMERICAN	$4,671,000	-5.9%	95,748	-6.7%	1.66%	-14.1%
JNJ	Sell	JOHNSON & JOHNSON	$4,543,000	-5.8%	52,400	-6.8%	1.62%	-14.1%
NGLS	Sell	TARGA RESOURCES PARTNERS	$4,277,000	-3.5%	83,100	-5.4%	1.52%	-12.0%
DOFSQ	Sell	DIAMOND OFFSHORE DRILLING INC	$4,200,000	-15.7%	67,400	-6.9%	1.50%	-23.0%
BPL	Sell	BUCKEYE PARTNERS LP	$4,122,000	-11.8%	62,900	-5.6%	1.47%	-19.5%
BWP	Sell	BOARDWALK PIPELINE PARTNERS	$3,972,000	-5.0%	130,800	-5.5%	1.42%	-13.3%
BMO	Sell	BANK OF MONTREAL	$3,715,000	+7.2%	55,600	-6.9%	1.32%	-2.1%
MCHP	Sell	MICROCHIP TECHNOLOGY	$3,703,000	+0.8%	91,900	-6.8%	1.32%	-8.0%
HCN	Sell	HEALTH CARE REIT	$3,524,000	-25.1%	56,500	-19.5%	1.26%	-31.7%
ETP	Sell	ENERGY TRANSFER PARTNERS	$3,431,000	-2.6%	65,900	-5.5%	1.22%	-11.1%
SIX	Sell	SIX FLAGS ENTERTAINMENT	$3,365,000	-10.6%	99,600	-6.9%	1.20%	-18.4%
T	Sell	AT&T	$3,341,000	-50.1%	98,778	-47.8%	1.19%	-54.5%
PAA	Sell	PLAINS ALL AMERICAN PIPELINE	$3,223,000	-10.7%	61,200	-5.4%	1.15%	-18.6%
AJG	Buy	ARTHUR J GALLAGHER & CO	$3,182,000	+79450.0%	72,900	+72800.0%	1.13%	+56600.0%
KRFT	Sell	KRAFT FOODS GROUP	$3,165,000	-48.5%	60,300	-45.1%	1.13%	-53.0%
PAYX	Sell	PAYCHEX	$3,137,000	-9.5%	77,200	-18.7%	1.12%	-17.5%
KMI	Sell	KINDER MORGAN INC	$3,091,000	-13.1%	86,900	-6.8%	1.10%	-20.7%
CXW	New	CORRECTIONS CORP	$3,054,000	–	88,400	–	1.09%	–
POM	Sell	PEPCO HOLDINGS	$3,045,000	-29.3%	164,940	-22.8%	1.08%	-35.5%
EPD	Sell	ENTERPRISE PRODUCTS PARTNERS	$2,991,000	-7.1%	49,000	-5.4%	1.07%	-15.2%
WMB	Sell	WILLIAMS COMPANIES	$2,963,000	+4.2%	81,500	-7.0%	1.06%	-5.0%
KMB	Sell	KIMBERLY-CLARK	$2,940,000	-9.6%	31,200	-6.9%	1.05%	-17.5%
DOW	Sell	DOW CHEMICAL	$2,938,000	+11.1%	76,500	-6.9%	1.05%	+1.4%
FHI	Sell	FEDERATED INVESTORS-CL B	$2,711,000	-7.6%	99,800	-6.7%	0.97%	-15.7%
HCP	Sell	HCP INC	$2,674,000	-15.9%	65,300	-6.7%	0.95%	-23.3%
DLR	Sell	DIGITAL REALTY REIT	$2,538,000	-18.9%	47,800	-6.8%	0.90%	-25.9%
CSCO	Sell	CISCO SYSTEMS	$2,519,000	-30.1%	107,500	-27.4%	0.90%	-36.2%
RGP	Sell	REGENCY ENERGY PARTNERS	$2,437,000	+0.3%	85,200	-5.4%	0.87%	-8.4%
DD	Sell	DUPONT	$2,424,000	+3.8%	41,400	-7.0%	0.86%	-5.4%
WPZ	Sell	WILLIAMS PARTNERS	$2,390,000	-3.1%	45,200	-5.4%	0.85%	-11.5%
EEP	Buy	ENBRIDGE ENERGY PARTNERS	$2,296,000	+1693.8%	75,400	+1695.2%	0.82%	+1536.0%
VZ	Sell	VERIZON COMMUNICATIONS	$2,296,000	-40.8%	49,200	-36.2%	0.82%	-46.0%
USBPRM	Sell	U.S. BANCORPpfd	$2,295,000	-38.4%	88,300	-33.4%	0.82%	-43.8%
RGC	Sell	REGAL ENTERTAINMENT GROUP-A	$2,294,000	-44.4%	120,850	-47.6%	0.82%	-49.2%
TE	Sell	TECO ENERGY INC	$2,289,000	-37.1%	138,400	-34.6%	0.82%	-42.6%
AEE	Buy	AMEREN	$2,275,000	+1396.7%	65,300	+1384.1%	0.81%	+1274.6%
DDRPRJ	Sell	DDR CORPpfd	$2,193,000	-15.0%	99,600	-6.8%	0.78%	-22.4%
GSK	Sell	GLAXOSMITHKLINE ADR	$2,132,000	-53.8%	42,500	-54.0%	0.76%	-57.9%
WR	Sell	WESTAR ENERGY	$2,112,000	-23.3%	68,900	-20.1%	0.75%	-30.0%
PBCT	Sell	PEOPLE'S UNITED FINANCIAL	$2,112,000	-53.4%	146,900	-51.7%	0.75%	-57.5%
BMR	Sell	BIOMED REALTY TRUST INC	$2,103,000	-14.2%	113,100	-6.7%	0.75%	-21.8%
SUSP	Sell	SUSSER PETROLEUM PARTNERS	$2,069,000	-2.9%	68,700	-5.5%	0.74%	-11.4%
ED	New	CONSOLIDATED EDISON	$2,068,000	–	37,500	–	0.74%	–
DFSPRBCL	Sell	DISCOVER FINANCIALpfd	$1,857,000	-34.0%	78,940	-29.5%	0.66%	-39.7%
WFC	Sell	WELLS FARGO	$1,678,000	-69.5%	40,600	-69.5%	0.60%	-72.1%
AREPRECL	Sell	ALEXANDRIA REALpfd	$1,459,000	-48.2%	62,800	-44.2%	0.52%	-52.7%
VNOPRL	Sell	VORNADO REALTY TRUSTpfd	$1,358,000	-43.2%	68,100	-36.1%	0.48%	-48.2%
	Sell	FIRST REPUBLIC BANKpfd	$1,104,000	-56.3%	46,600	-51.8%	0.39%	-60.1%
EMB	Buy	EMB US 12/21/13 P100put	$1,090,000	-3.4%	10,000	+9608.7%	0.39%	-12.0%
	New	FIDELITY ADV MUNI INC 2015-I	$989,000	–	96,607	–	0.35%	–
	New	FIDELITY ADV MUNI INC 2017-I	$984,000	–	94,463	–	0.35%	–
DVY	Sell	ISHARES SELECT DIVIDEND ETF	$915,000	-64.9%	13,800	-66.1%	0.33%	-68.0%
EEMV	Sell	ISHARES MSCI EMERGING MARKETS	$781,000	+0.4%	13,300	-2.4%	0.28%	-8.6%
PSAPRSCL	Sell	PUBLIC STORAGEpfd	$350,000	-87.9%	15,360	-86.8%	0.12%	-89.0%
	New	FIDELITY MUNI INC 2015 FUND	$302,000	–	29,450	–	0.11%	–
PRH	Buy	PRUDENTIAL FINANCIALpfd	$295,000	+3.9%	13,700	+17.1%	0.10%	-5.4%
CTXCL	Buy	QWEST CORPpfd	$290,000	+13.3%	11,900	+20.2%	0.10%	+3.0%
NEEPRI	Buy	NEXTERA ENERGYpfd	$243,000	+3.0%	12,600	+21.2%	0.09%	-5.4%
SPY	Buy	S&P DEPOSITARY RECEIPTS	$237,000	+88.1%	1,409	+79.7%	0.08%	+71.4%
EFA	Sell	ISHARES MSCI EAFE INDEX	$137,000	-4.2%	2,150	-14.0%	0.05%	-12.5%
LPT	Sell	LIBERTY PROPERTY TRUST	$75,000	-98.0%	2,100	-98.0%	0.03%	-98.2%
DRE	Sell	DUKE REALTY	$60,000	-97.9%	3,900	-97.8%	0.02%	-98.1%
OGE	Buy	OGE ENERGY	$7,000	0.0%	200	+100.0%	0.00%	-33.3%
P105PS	Sell	INTEGRYS ENERGY GROUP INC	$6,000	-99.8%	100	-99.8%	0.00%	-99.8%
RRD	Sell	RR DONNELLEY & SONS	$2,000	-97.1%	100	-97.9%	0.00%	-96.3%
BRCM	Exit	BROADCOM	$0	–	-450	–	-0.01%	–
WFM	Exit	WHOLE FOODS MARKET	$0	–	-400	–	-0.01%	–
CIT	Exit	CIT GROUP INC	$0	–	-1,517	–	-0.03%	–
GLD	Exit	GLD US 07/20/13 C127call	$0	–	-220	–	-1.02%	–
TRP	Exit	TRANSCANADA CORP	$0	–	-77,200	–	-1.30%	–

Q2 2013

			Value		Shares		↓ Weighting
MO	New	ALTRIA GROUP	$6,742,000	–	192,684	–	2.63%	–
T	New	AT&ampT	$6,700,000	–	189,278	–	2.62%	–
INTC	New	INTEL	$6,528,000	–	269,400	–	2.55%	–
GE	New	GENERAL ELECTRIC	$6,526,000	–	281,402	–	2.55%	–
MRK	New	MERCK &amp CO	$6,484,000	–	139,600	–	2.53%	–
KRFT	New	KRAFT FOODS GROUP	$6,140,000	–	109,900	–	2.40%	–
COP	New	CONOCOPHILLIPS	$6,006,000	–	99,270	–	2.35%	–
WFC	New	WELLS FARGO	$5,493,000	–	133,100	–	2.15%	–
ABBV	New	ABBVIE INC	$5,143,000	–	124,400	–	2.01%	–
DOFSQ	New	DIAMOND OFFSHORE DRILLING INC	$4,980,000	–	72,400	–	1.94%	–
RAI	New	REYNOLDS AMERICAN	$4,965,000	–	102,648	–	1.94%	–
JNJ	New	JOHNSON &amp JOHNSON	$4,825,000	–	56,200	–	1.88%	–
JPM	New	JPMORGAN CHASE	$4,821,000	–	91,317	–	1.88%	–
HCN	New	HEALTH CARE REIT INC	$4,706,000	–	70,200	–	1.84%	–
BPL	New	BUCKEYE PARTNERS LP	$4,673,000	–	66,600	–	1.82%	–
GSK	New	GLAXOSMITHKLINE ADR	$4,617,000	–	92,400	–	1.80%	–
WM	New	WASTE MANAGEMENT	$4,577,000	–	113,500	–	1.79%	–
PBCT	New	PEOPLE'S UNITED FINANCIAL	$4,530,000	–	304,000	–	1.77%	–
NGLS	New	TARGA RESOURCES PARTNERS	$4,430,000	–	87,800	–	1.73%	–
POM	New	PEPCO HOLDINGS	$4,305,000	–	213,540	–	1.68%	–
MSFT	New	MICROSOFT	$4,218,000	–	122,100	–	1.65%	–
BWP	New	BOARDWALK PIPELINE PARTNERS	$4,180,000	–	138,400	–	1.63%	–
RGC	New	REGAL ENTERTAINMENT GROUP-A	$4,125,000	–	230,450	–	1.61%	–
VZ	New	VERIZON COMMUNICATIONS	$3,881,000	–	77,100	–	1.52%	–
WYNN	New	WYNN RESORTS	$3,877,000	–	30,300	–	1.51%	–
LPT	New	LIBERTY PROPERTY TRUST	$3,844,000	–	104,000	–	1.50%	–
SIX	New	SIX FLAGS ENTERTAINMENT	$3,762,000	–	107,000	–	1.47%	–
USBPRM	New	U.S. BANCORPpfd	$3,726,000	–	132,600	–	1.46%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$3,673,000	–	98,600	–	1.44%	–
SO	New	SOUTHERN COMPANY	$3,663,000	–	83,000	–	1.43%	–
TE	New	TECO ENERGY INC	$3,639,000	–	211,700	–	1.42%	–
PAA	New	PLAINS ALL AMERICAN PIPELINE	$3,611,000	–	64,700	–	1.41%	–
CSCO	New	CISCO SYSTEMS	$3,602,000	–	148,000	–	1.41%	–
KMI	New	KINDER MORGAN INC	$3,556,000	–	93,200	–	1.39%	–
ETP	New	ENERGY TRANSFER PARTNERS	$3,523,000	–	69,700	–	1.38%	–
PAYX	New	PAYCHEX	$3,468,000	–	95,000	–	1.36%	–
BMO	New	BANK OF MONTREAL	$3,464,000	–	59,700	–	1.35%	–
TRP	New	TRANSCANADA CORP	$3,328,000	–	77,200	–	1.30%	–
KMB	New	KIMBERLY-CLARK	$3,254,000	–	33,500	–	1.27%	–
EPD	New	ENTERPRISE PRODUCTS PARTNERS	$3,219,000	–	51,800	–	1.26%	–
HCP	New	HCP INC	$3,181,000	–	70,000	–	1.24%	–
DLR	New	DIGITAL REALTY REIT	$3,129,000	–	51,300	–	1.22%	–
P105PS	New	INTEGRYS ENERGY GROUP INC	$3,003,000	–	51,300	–	1.17%	–
DUK	New	DUKE ENERGY	$2,979,000	–	44,133	–	1.16%	–
FHI	New	FEDERATED INVESTORS-CL B	$2,933,000	–	107,000	–	1.15%	–
PSAPRSCL	New	PUBLIC STORAGEpfd	$2,902,000	–	116,060	–	1.13%	–
WMB	New	WILLIAMS COMPANIES	$2,844,000	–	87,600	–	1.11%	–
AREPRECL	New	ALEXANDRIA REALpfd	$2,817,000	–	112,500	–	1.10%	–
DRE	New	DUKE REALTY CORP	$2,811,000	–	180,300	–	1.10%	–
DFSPRBCL	New	DISCOVER FINANCIALpfd	$2,812,000	–	112,040	–	1.10%	–
WR	New	WESTAR ENERGY	$2,755,000	–	86,200	–	1.08%	–
PFE	New	PFIZER	$2,728,000	–	97,400	–	1.07%	–
DOW	New	DOW CHEMICAL	$2,644,000	–	82,200	–	1.03%	–
GLD	New	GLD US 07/20/13 C127call	$2,620,000	–	220	–	1.02%	–
DVY	New	ISHARES SELECT DIVIDEND ETF	$2,605,000	–	40,700	–	1.02%	–
DDRPRJ	New	DDR CORPpfd	$2,581,000	–	106,900	–	1.01%	–
	New	FIRST REPUBLIC BANKpfd	$2,524,000	–	96,700	–	0.99%	–
WPZ	New	WILLIAMS PARTNERS	$2,466,000	–	47,800	–	0.96%	–
BMR	New	BIOMED REALTY TRUST INC	$2,452,000	–	121,200	–	0.96%	–
RGP	New	REGENCY ENERGY PARTNERS	$2,430,000	–	90,100	–	0.95%	–
VNOPRL	New	VORNADO REALTY TRUSTpfd	$2,390,000	–	106,600	–	0.93%	–
DD	New	DUPONT	$2,336,000	–	44,500	–	0.91%	–
SUSP	New	SUSSER PETROLEUM PARTNERS	$2,130,000	–	72,700	–	0.83%	–
EMB	New	EMB US 09/21/13 P95put	$1,128,000	–	103	–	0.44%	–
EEMV	New	ISHARES MSCI EMERGING MARKETS	$778,000	–	13,630	–	0.30%	–
ALLPRB	New	ALLSTATE CORPpfd	$550,000	–	21,500	–	0.22%	–
JPMPRACL	New	JPMORGAN CHASEpfd	$381,000	–	16,000	–	0.15%	–
WIA	New	WA/CLAY US INFL-LKD SEC&INC	$348,000	–	29,100	–	0.14%	–
UTXPRA	New	UNITED TECHNOLOGIESpfd	$297,000	–	5,000	–	0.12%	–
USBPRO	New	US BANCORPpfd	$286,000	–	12,200	–	0.11%	–
PRH	New	PRUDENTIAL FINANCIALpfd	$284,000	–	11,700	–	0.11%	–
DUKH	New	DUKE ENERGY CORPpfd	$263,000	–	10,700	–	0.10%	–
CTXCL	New	QWEST CORPpfd	$256,000	–	9,900	–	0.10%	–
CYNPRC	New	CITY NATIONALpfd	$245,000	–	10,400	–	0.10%	–
	New	WACHOVIA CAPITAL TRUST III FRNpfd	$236,000	–	240,000	–	0.09%	–
NEEPRI	New	NEXTERA ENERGYpfd	$236,000	–	10,400	–	0.09%	–
WIW	New	WA/CLAY US INFL-LKD OPP&INC	$232,000	–	19,600	–	0.09%	–
BXPPRB	New	BOSTON PROPERTIESpfd	$212,000	–	8,800	–	0.08%	–
THGA	New	HANOVER INSURANCEpfd	$197,000	–	8,100	–	0.08%	–
BKT	New	BLACKROCK INCOME TRUST	$198,000	–	28,900	–	0.08%	–
WMT	New	WAL-MART STORES	$195,000	–	2,620	–	0.08%	–
CPRCCL	New	CITIGROUPpfd	$193,000	–	8,100	–	0.08%	–
AFPRC	New	ASTORIA FINANCIALpfd	$173,000	–	7,000	–	0.07%	–
BRKA	New	BERKSHIRE HATHAWAY	$169,000	–	1	–	0.07%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL B	$167,000	–	1,496	–	0.06%	–
IBM	New	INTL BUSINESS MACHINES	$153,000	–	800	–	0.06%	–
AEE	New	AMEREN	$152,000	–	4,400	–	0.06%	–
EFA	New	ISHARES MSCI EAFE INDEX	$143,000	–	2,500	–	0.06%	–
WNAPRCL	New	WACHOVIA PFD FUNDINGpfd	$137,000	–	5,100	–	0.05%	–
ARUCL	New	ARES CAPTIAL CORPpfd	$139,000	–	5,600	–	0.05%	–
PJH	New	PRUDENTIAL FINANCIALpfd	$137,000	–	5,600	–	0.05%	–
TMKPRBCL	New	TORCHMARK CORPpfd	$136,000	–	5,500	–	0.05%	–
PNCPRQ	New	PNC FINANCIALpfd	$136,000	–	5,600	–	0.05%	–
PCP	New	PRECISION CASTPARTS	$136,000	–	600	–	0.05%	–
SNHNI	New	SENIOR HOUSINGpfd	$136,000	–	5,700	–	0.05%	–
MMT	New	MFS MULTIMARKET INC TRUST	$133,000	–	20,000	–	0.05%	–
BBTPRF	New	BB&ampT CORPORATIONpfd	$132,000	–	5,700	–	0.05%	–
BKPRC	New	BNY MELLONpfd	$133,000	–	5,600	–	0.05%	–
SRCL	New	STERICYCLE	$133,000	–	1,200	–	0.05%	–
SWJCL	New	STANLEY BLACKpfd	$132,000	–	5,400	–	0.05%	–
EEP	New	ENBRIDGE ENERGY PARTNERS	$128,000	–	4,200	–	0.05%	–
SPY	New	S&ampP DEPOSITARY RECEIPTS	$126,000	–	784	–	0.05%	–
COF	New	CAPITAL ONE FINL	$124,000	–	1,969	–	0.05%	–
CVX	New	CHEVRON	$124,000	–	1,050	–	0.05%	–
MIN	New	MFS INTERMEDIATE INC TRUST	$115,000	–	20,000	–	0.04%	–
LUMN	New	CENTURYTEL INC	$115,000	–	3,240	–	0.04%	–
NVS	New	NOVARTIS AG-ADR	$104,000	–	1,476	–	0.04%	–
GILD	New	GILEAD SCIENCES	$103,000	–	2,000	–	0.04%	–
MCD	New	MCDONALD'S	$89,000	–	900	–	0.04%	–
MCR	New	MFS CHARTER INCOME TRUST	$87,000	–	9,400	–	0.03%	–
PPL	New	PPL	$87,000	–	2,875	–	0.03%	–
GOOGL	New	GOOGLE	$88,000	–	100	–	0.03%	–
MDY	New	S&ampP 400 DEPOSITARY RECEIPTS	$83,000	–	395	–	0.03%	–
WFCPRP	New	WELLS FARGOpfd	$82,000	–	3,500	–	0.03%	–
AAPL	New	APPLE	$79,000	–	200	–	0.03%	–
ECL	New	ECOLAB	$77,000	–	900	–	0.03%	–
XOM	New	EXXON MOBIL	$77,000	–	856	–	0.03%	–
IWF	New	ISHARES RUSSELL 1000 GROWTH	$73,000	–	1,000	–	0.03%	–
MGF	New	MFS GOVT MARKETS INC TRUST	$74,000	–	12,433	–	0.03%	–
PPT	New	PUTNAM PREMIER INCOME TRUST	$72,000	–	13,464	–	0.03%	–
CIT	New	CIT GROUP INC	$71,000	–	1,517	–	0.03%	–
PIM	New	PUTMAN MASTER INTER INCOME TRUST	$68,000	–	13,690	–	0.03%	–
RRD	New	RR DONNELLEY &amp SONS	$68,000	–	4,850	–	0.03%	–
AMGN	New	AMGEN INC	$64,000	–	650	–	0.02%	–
NKE	New	NIKE INC-B	$64,000	–	1,000	–	0.02%	–
HME	New	HOME PROPERTY	$65,000	–	1,000	–	0.02%	–
PG	New	PROCTER &amp GAMBLE	$62,000	–	800	–	0.02%	–
CMP	New	COMPASS MINERALS INTERNATIONAL	$59,000	–	700	–	0.02%	–
TMO	New	THERMO FISHER SCIENTIFIC	$59,000	–	700	–	0.02%	–
SCHW	New	CHARLES SCHWAB	$56,000	–	2,633	–	0.02%	–
LMT	New	LOCKHEED MARTIN	$54,000	–	500	–	0.02%	–
URBN	New	URBAN OUTFITTERS	$48,000	–	1,200	–	0.02%	–
ORCL	New	ORACLE	$46,000	–	1,500	–	0.02%	–
GIS	New	GENERAL MILLS	$44,000	–	900	–	0.02%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$43,000	–	500	–	0.02%	–
KO	New	COCA-COLA	$44,000	–	1,100	–	0.02%	–
LIFE	New	LIFE TECHNOLOGIES	$44,000	–	600	–	0.02%	–
BA	New	BOEING	$41,000	–	400	–	0.02%	–
DE	New	DEERE &amp COMPANY	$41,000	–	500	–	0.02%	–
DVN	New	DEVON ENERGY	$42,000	–	800	–	0.02%	–
DHR	New	DANAHER	$38,000	–	600	–	0.02%	–
J	New	JACOBS ENGINEERING	$39,000	–	700	–	0.02%	–
CSX	New	CSX	$35,000	–	1,500	–	0.01%	–
EEM	New	ISHARES MSCI EMERGING MARKETS	$35,000	–	900	–	0.01%	–
MCK	New	MCKESSON CORP	$34,000	–	300	–	0.01%	–
CL	New	COLGATE-PALMOLIVE	$34,000	–	600	–	0.01%	–
QCOM	New	QUALCOMM	$31,000	–	500	–	0.01%	–
ALLYPRA	New	GMAC CAP TRpfd	$31,000	–	1,200	–	0.01%	–
ITW	New	ILLINOIS TOOL WORKS	$28,000	–	400	–	0.01%	–
BAC	New	BANK OF AMERICA	$26,000	–	2,000	–	0.01%	–
AMX	New	AMERICA MOVIL ADR	$26,000	–	1,200	–	0.01%	–
PEP	New	PEPSICO	$25,000	–	300	–	0.01%	–
SBUX	New	STARBUCKS	$26,000	–	400	–	0.01%	–
LLL	New	L-3 COMMUNICATIONS TITAN	$26,000	–	300	–	0.01%	–
VB	New	VANGUARD SMALL-CAP ETF	$23,000	–	241	–	0.01%	–
TGT	New	TARGET	$21,000	–	300	–	0.01%	–
GM	New	GENERAL MOTORS	$20,000	–	600	–	0.01%	–
WFM	New	WHOLE FOODS MARKET	$21,000	–	400	–	0.01%	–
NI	New	NISOURCE INC	$20,000	–	700	–	0.01%	–
MON	New	MONSANTO	$20,000	–	200	–	0.01%	–
BP	New	BP ADR	$19,000	–	459	–	0.01%	–
CPRN	New	CITIGROUP CAPITALpfd	$17,000	–	600	–	0.01%	–
F	New	FORD MOTOR	$15,000	–	1,000	–	0.01%	–
PPG	New	PPG INDUSTRIES	$15,000	–	100	–	0.01%	–
BRCM	New	BROADCOM	$15,000	–	450	–	0.01%	–
LO	New	LORILLARD INC	$13,000	–	300	–	0.01%	–
ET	New	ENERGY TRANSFER EQUITY LP	$12,000	–	200	–	0.01%	–
SLB	New	SCHLUMBERGER	$14,000	–	200	–	0.01%	–
ITT	New	ITT	$12,000	–	400	–	0.01%	–
HUBB	New	HUBBELL INC-CL B	$10,000	–	100	–	0.00%	–
XEL	New	XCEL ENERGY	$9,000	–	300	–	0.00%	–
NEE	New	NEXTERA ENERGY	$8,000	–	100	–	0.00%	–
TUP	New	TUPPERWARE	$8,000	–	100	–	0.00%	–
NOC	New	NORTHROP GRUMMAN	$8,000	–	100	–	0.00%	–
OGE	New	OGE ENERGY	$7,000	–	100	–	0.00%	–
WSO	New	WATSCO INC	$8,000	–	100	–	0.00%	–
HON	New	HONEYWELL INTL	$8,000	–	100	–	0.00%	–
HD	New	HOME DEPOT	$8,000	–	100	–	0.00%	–
GPC	New	GENUINE PARTS	$8,000	–	100	–	0.00%	–
GD	New	GENERAL DYNAMICS CORP	$8,000	–	100	–	0.00%	–
ETR	New	ENTERGY	$7,000	–	100	–	0.00%	–
EMN	New	EASTMAN CHEMICAL COMPANY	$7,000	–	100	–	0.00%	–
SRE	New	SEMPRA ENERGY	$8,000	–	100	–	0.00%	–
DTE	New	DTE ENERGY	$7,000	–	100	–	0.00%	–
CLX	New	CLOROX COMPANY	$8,000	–	100	–	0.00%	–
IFF	New	INTL FLAVORS &amp FRAGRANCES	$8,000	–	100	–	0.00%	–
LNT	New	ALLIANT ENERGY	$5,000	–	100	–	0.00%	–
ALL	New	ALLSTATE	$5,000	–	100	–	0.00%	–
AEP	New	AMERICAN ELECTRIC POWER	$4,000	–	100	–	0.00%	–
MHFI	New	MCGRAW-HILL	$5,000	–	100	–	0.00%	–
AVY	New	AVERY DENNISON CORP	$4,000	–	100	–	0.00%	–
UVV	New	UNIVERSAL CORP	$6,000	–	100	–	0.00%	–
OKE	New	ONEOK INC	$4,000	–	100	–	0.00%	–
NJR	New	NEW JERSEY RESOURCES COR	$4,000	–	100	–	0.00%	–
EMR	New	EMERSON ELECTRIC	$5,000	–	100	–	0.00%	–
EIX	New	EDISON INTL	$5,000	–	100	–	0.00%	–
NU	New	NORTHEAST UTILITIES	$4,000	–	100	–	0.00%	–
D	New	DOMINION RESOURCES	$6,000	–	100	–	0.00%	–
SCG	New	SCANA CORP	$5,000	–	100	–	0.00%	–
MAT	New	MATTEL	$5,000	–	100	–	0.00%	–
BOH	New	BANK OF HAWAII CORP	$5,000	–	100	–	0.00%	–
UNS	New	UNS ENERGY	$4,000	–	100	–	0.00%	–
DRI	New	DARDEN RESTAURANTS	$5,000	–	100	–	0.00%	–
SXT	New	SENSIENT TECHNOLOGIES	$4,000	–	100	–	0.00%	–
GAS	New	AGL RESOURCES INC	$4,000	–	100	–	0.00%	–
CINF	New	CINCINNATI FINANCIAL	$5,000	–	100	–	0.00%	–
CNL	New	CLECO CORPORATION	$5,000	–	100	–	0.00%	–
BKH	New	BLACK HILLS CORP	$5,000	–	100	–	0.00%	–
BMY	New	BRISTOL-MYERS SQUIBB	$4,000	–	100	–	0.00%	–
AJG	New	ARTHUR J GALLAGHER & CO	$4,000	–	100	–	0.00%	–
MCY	New	MERCURY GENERAL CORP	$4,000	–	100	–	0.00%	–
LLY	New	ELI LILLY &amp CO	$5,000	–	100	–	0.00%	–
FE	New	FIRSTENERGY	$4,000	–	100	–	0.00%	–
PNW	New	PINNACLE WEST CAPITAL	$6,000	–	100	–	0.00%	–
PCG	New	PG&ampE	$5,000	–	100	–	0.00%	–
FTR	New	FRONTIER COMMUNICATIONS	$3,000	–	700	–	0.00%	–
4107PS	New	MEADWESTVACO CORP	$3,000	–	100	–	0.00%	–
LEG	New	LEGGETT &amp PLATT INC	$3,000	–	100	–	0.00%	–
MDLZ	New	MONDELEZ INTERNATIONAL	$3,000	–	100	–	0.00%	–
NYCB	New	NY COMMUNITY BANCORP	$3,000	–	200	–	0.00%	–
OLN	New	OLIN CORP	$2,000	–	100	–	0.00%	–
PBI	New	PITNEY BOWES	$3,000	–	200	–	0.00%	–
MAS	New	MASCO	$2,000	–	100	–	0.00%	–
PEG	New	PUBLIC SERVICE ENTERPRISE GROUP	$3,000	–	100	–	0.00%	–
FMER	New	FIRSTMERIT CORP	$2,000	–	100	–	0.00%	–
EXC	New	EXELON	$3,000	–	100	–	0.00%	–
RPM	New	RPM INTERNATIONAL	$3,000	–	100	–	0.00%	–
RSG	New	REPUBLIC SERVICES-CL A	$3,000	–	100	–	0.00%	–
DLX	New	DELUXE CORP	$3,000	–	100	–	0.00%	–
SON	New	SONOCO PRODUCTS	$3,000	–	100	–	0.00%	–
SYY	New	SYSCO	$3,000	–	100	–	0.00%	–
CNK	New	CINEMARK HOLDINGS	$3,000	–	100	–	0.00%	–
CNP	New	CENTERPOINT ENERGY INC	$2,000	–	100	–	0.00%	–
TRMK	New	TRUSTMARK CORP	$2,000	–	100	–	0.00%	–
CMS	New	CMS ENERGY CORP	$3,000	–	100	–	0.00%	–
UBSI	New	UNITED BANKSHARES	$3,000	–	100	–	0.00%	–
BGGSQ	New	BRIGGS &amp STRATTON	$2,000	–	100	–	0.00%	–
BBT	New	BB&ampT CORPORATION	$3,000	–	100	–	0.00%	–
AVP	New	AVON PRODUCTS	$2,000	–	100	–	0.00%	–
AVA	New	AVISTA CORP	$3,000	–	100	–	0.00%	–
AF	New	ASTORIA FINANCIAL	$1,000	–	100	–	0.00%	–
VLY	New	VALLEY NATIONAL BANCORP	$1,000	–	100	–	0.00%	–
CMC	New	COMMERCIAL METALS	$1,000	–	100	–	0.00%	–
FNB	New	FNB CORP	$1,000	–	100	–	0.00%	–
FNFG	New	FIRST NIAGARA FINANCIAL	$1,000	–	100	–	0.00%	–
HCBK	New	HUDSON CITY BANCORP	$1,000	–	100	–	0.00%	–

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