CCM INVESTMENT ADVISERS LLC Activity Q4 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
JBL	Sell	Jabil Circuit, Inc.	$23,257,484	+8.5%	183,288	-7.7%	3.21%	+11.4%
AAPL	Sell	Apple Inc.	$22,833,195	-14.7%	133,363	-3.4%	3.15%	-12.4%
MSFT	Sell	Microsoft Corp.	$22,125,661	-9.5%	70,073	-2.4%	3.05%	-7.0%
GOOGL	Sell	Alphabet Inc. Class A	$21,975,453	+8.3%	167,931	-1.0%	3.03%	+11.2%
AMZN	Sell	Amazon.Com Inc.	$20,453,227	-6.4%	160,897	-4.0%	2.82%	-3.8%
ETN	Sell	Eaton Corp.	$19,591,634	+2.9%	91,858	-3.0%	2.70%	+5.7%
CAT	Sell	Caterpillar Inc Del	$18,204,701	+8.1%	66,683	-2.5%	2.51%	+11.1%
AVGO	Sell	Broadcom Inc	$18,059,717	-6.9%	21,743	-2.8%	2.49%	-4.3%
NVDA	Sell	NVIDIA Corp.	$17,609,922	-12.0%	40,483	-14.4%	2.43%	-9.6%
BKNG	Sell	Booking Holdings Inc.	$16,577,776	+13.1%	5,375	-1.0%	2.29%	+16.2%
ADBE	Sell	Adobe Systems	$16,085,781	+1.8%	31,546	-2.4%	2.22%	+4.6%
UNH	Buy	UnitedHealth Group Inc.	$15,892,299	+8.2%	31,520	+3.1%	2.19%	+11.2%
HD	Sell	Home Depot Inc.	$15,761,640	-2.9%	52,163	-0.1%	2.18%	-0.2%
CSCO	Sell	Cisco Systems	$15,445,868	+3.5%	287,311	-0.4%	2.13%	+6.3%
CRM	Sell	SalesForce Inc.	$15,325,504	-5.3%	75,577	-1.4%	2.11%	-2.8%
TMO	Buy	Thermo Fisher Scientific	$14,431,945	+0.5%	28,512	+3.6%	1.99%	+3.3%
ABBV	Buy	AbbVie Inc.	$14,008,838	+11.3%	93,981	+0.6%	1.93%	+14.4%
MPC	Sell	Marathon Pete Corp.	$13,992,253	+25.7%	92,455	-3.1%	1.93%	+29.3%
AMAT	Sell	Applied Materials Inc.	$13,975,075	-4.7%	100,939	-0.5%	1.93%	-2.1%
MRK	Buy	Merck & Co.	$13,764,190	-10.5%	133,697	+0.4%	1.90%	-8.0%
JPM	Buy	J. P. Morgan	$13,465,698	+0.1%	92,854	+0.4%	1.86%	+2.9%
V	Sell	Visa Inc.	$13,403,231	-3.6%	58,272	-0.5%	1.85%	-1.0%
ACN	Sell	Accenture LTD	$13,098,241	-0.7%	42,650	-0.2%	1.81%	+2.0%
ABT	Buy	Abbott Laboratories	$12,880,663	+92.0%	132,996	+116.1%	1.78%	+97.2%
TSLA	Sell	Tesla Inc.	$12,793,999	-6.4%	51,131	-2.1%	1.76%	-3.8%
OMC	Buy	Omnicom Group Inc.	$12,087,731	-18.9%	162,295	+3.6%	1.67%	-16.7%
PSX	Sell	Phillips 66	$12,039,165	+24.3%	100,201	-1.3%	1.66%	+27.7%
CVS	Buy	CVS Health Corp.	$11,966,066	+3.6%	171,384	+2.5%	1.65%	+6.4%
EVR	Sell	Evercore Inc.	$11,934,728	+11.0%	86,558	-0.5%	1.65%	+14.1%
GILD	Buy	Gilead Sciences Inc.	$11,604,615	+1.3%	154,852	+4.2%	1.60%	+4.1%
CB	Sell	Chubb Limited	$11,555,001	+7.9%	55,504	-0.2%	1.59%	+10.8%
FISV	Sell	Fiserv Inc.	$11,484,022	-11.0%	101,664	-0.6%	1.58%	-8.6%
CVX	Sell	Chevron Corp.	$11,361,770	+6.2%	67,380	-0.9%	1.57%	+9.2%
BMY	Buy	Bristol Myers Squibb	$11,319,153	-7.0%	195,023	+2.5%	1.56%	-4.4%
SO	Buy	Southern Company	$11,155,009	-5.5%	172,358	+2.6%	1.54%	-2.9%
BRKB	Buy	Berkshire Hathaway Inc. Cl B	$11,036,201	+39.5%	31,505	+35.8%	1.52%	+43.3%
NKE	Sell	Nike Inc. Cl B	$10,927,743	-14.7%	114,283	-1.5%	1.51%	-12.3%
UPS	Sell	United Parcel Service	$10,877,277	-13.1%	69,784	-0.1%	1.50%	-10.8%
WMT	Buy	Wal Mart Stores	$10,407,773	+2.2%	65,077	+0.4%	1.44%	+5.0%
SHW	Sell	Sherwin-Williams Co.	$10,249,286	-4.0%	40,185	-0.1%	1.41%	-1.4%
NUE	Sell	Nucor Corp.	$10,070,425	-6.0%	64,409	-1.4%	1.39%	-3.4%
PEP	Buy	Pepsico Inc.	$9,758,132	-7.9%	57,590	+0.7%	1.35%	-5.4%
STX	Buy	Seagate Technology Holdings	$9,684,559	+7.6%	146,847	+0.9%	1.34%	+10.5%
QCOM	Sell	Qualcomm Inc.	$9,609,856	-7.9%	86,528	-1.3%	1.33%	-5.4%
BAC	Buy	Bank Of America Corp.	$9,465,102	-3.7%	345,694	+0.9%	1.31%	-1.1%
PLD	Buy	Prologis Inc	$9,366,168	-6.9%	83,470	+1.7%	1.29%	-4.4%
RTX	Buy	RTX Corp	$9,253,830	-25.3%	128,579	+1.6%	1.28%	-23.3%
PG	Buy	Procter & Gamble	$8,925,102	-3.5%	61,189	+0.4%	1.23%	-0.9%
DIS	Buy	Walt Disney Co.	$8,760,901	+0.4%	108,092	+10.6%	1.21%	+3.2%
O	Buy	Realty Income Corp.	$8,664,090	-16.2%	173,490	+0.4%	1.20%	-13.9%
AEP	Buy	American Electric Power	$8,225,382	-2.9%	109,351	+8.7%	1.14%	-0.2%
COF	Buy	Capital One Financial	$8,154,479	-10.1%	84,023	+1.3%	1.12%	-7.7%
STZ	Sell	Constellation Brands Inc-A	$7,181,503	+0.6%	28,574	-1.5%	0.99%	+3.3%
TSN	Buy	Tyson Foods, Inc.	$6,100,212	+0.2%	120,820	+1.3%	0.84%	+3.1%
TJX	Sell	TJX Cos. Inc.	$4,663,166	+1.2%	52,465	-3.5%	0.64%	+3.9%
LRCX	Sell	Lam Research	$4,169,900	-6.5%	6,653	-4.1%	0.58%	-4.0%
ALL	Sell	Allstate	$3,274,785	-69.8%	29,394	-70.5%	0.45%	-69.0%
LOW	Sell	Lowe's Companies Inc.	$550,776	-9.3%	2,650	-1.5%	0.08%	-7.3%
HUM	Sell	Humana Inc.	$387,294	+6.8%	796	-1.8%	0.05%	+8.2%
HON	Sell	Honeywell Inc.	$234,619	-17.5%	1,270	-7.3%	0.03%	-15.8%
PFE	Sell	Pfizer Inc.	$216,666	-96.2%	6,532	-95.8%	0.03%	-96.1%
NVR	Exit	NVR Inc.	$0	–	-32	–	-0.03%	–

Q2 2023

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$26,770,513	–	138,013	–	3.60%	–
MSFT	New	Microsoft Corp.	$24,437,271	–	71,760	–	3.28%	–
AMZN	New	Amazon.Com Inc.	$21,840,514	–	167,540	–	2.93%	–
JBL	New	Jabil Circuit, Inc.	$21,443,376	–	198,678	–	2.88%	–
GOOGL	New	Alphabet Inc. Class A	$20,296,813	–	169,564	–	2.73%	–
NVDA	New	NVIDIA Corp.	$20,010,754	–	47,304	–	2.69%	–
AVGO	New	Broadcom Inc	$19,400,506	–	22,365	–	2.60%	–
ETN	New	Eaton Corp.	$19,043,919	–	94,698	–	2.56%	–
CAT	New	Caterpillar Inc Del	$16,835,452	–	68,422	–	2.26%	–
HD	New	Home Depot Inc.	$16,224,176	–	52,228	–	2.18%	–
CRM	New	SalesForce Inc.	$16,188,643	–	76,629	–	2.17%	–
ADBE	New	Adobe Systems	$15,805,102	–	32,321	–	2.12%	–
MRK	New	Merck & Co.	$15,372,466	–	133,221	–	2.06%	–
CSCO	New	Cisco Systems	$14,920,214	–	288,369	–	2.00%	–
OMC	New	Omnicom Group Inc.	$14,910,956	–	156,710	–	2.00%	–
UNH	New	UnitedHealth Group Inc.	$14,691,702	–	30,566	–	1.97%	–
AMAT	New	Applied Materials Inc.	$14,665,247	–	101,461	–	1.97%	–
BKNG	New	Booking Holdings Inc.	$14,658,744	–	5,428	–	1.97%	–
TMO	New	Thermo Fisher Scientific	$14,355,456	–	27,514	–	1.93%	–
V	New	Visa Inc.	$13,908,582	–	58,567	–	1.87%	–
TSLA	New	Tesla Inc.	$13,666,227	–	52,207	–	1.84%	–
JPM	New	J. P. Morgan	$13,445,576	–	92,447	–	1.81%	–
ACN	New	Accenture LTD	$13,186,240	–	42,732	–	1.77%	–
FISV	New	Fiserv Inc.	$12,901,929	–	102,274	–	1.73%	–
NKE	New	Nike Inc. Cl B	$12,805,462	–	116,023	–	1.72%	–
ABBV	New	AbbVie Inc.	$12,585,022	–	93,409	–	1.69%	–
UPS	New	United Parcel Service	$12,523,174	–	69,864	–	1.68%	–
RTX	New	RTX Corp	$12,392,625	–	126,507	–	1.66%	–
BMY	New	Bristol Myers Squibb	$12,171,304	–	190,325	–	1.63%	–
SO	New	Southern Company	$11,802,702	–	168,010	–	1.58%	–
CVS	New	CVS Health Corp.	$11,554,976	–	167,148	–	1.55%	–
GILD	New	Gilead Sciences Inc.	$11,452,146	–	148,594	–	1.54%	–
MPC	New	Marathon Pete Corp.	$11,128,041	–	95,437	–	1.49%	–
ALL	New	Allstate	$10,852,791	–	99,530	–	1.46%	–
EVR	New	Evercore Inc.	$10,748,475	–	86,968	–	1.44%	–
NUE	New	Nucor Corp.	$10,711,420	–	65,321	–	1.44%	–
CB	New	Chubb Limited	$10,710,352	–	55,620	–	1.44%	–
CVX	New	Chevron Corp.	$10,695,145	–	67,970	–	1.44%	–
SHW	New	Sherwin-Williams Co.	$10,677,993	–	40,215	–	1.43%	–
PEP	New	Pepsico Inc.	$10,593,748	–	57,195	–	1.42%	–
QCOM	New	Qualcomm Inc.	$10,433,441	–	87,646	–	1.40%	–
O	New	Realty Income Corp.	$10,335,000	–	172,855	–	1.39%	–
WMT	New	Wal Mart Stores	$10,187,784	–	64,816	–	1.37%	–
PLD	New	Prologis Inc	$10,063,017	–	82,060	–	1.35%	–
BAC	New	Bank Of America Corp.	$9,832,441	–	342,713	–	1.32%	–
PSX	New	Phillips 66	$9,686,995	–	101,562	–	1.30%	–
PG	New	Procter & Gamble	$9,250,987	–	60,966	–	1.24%	–
COF	New	Capital One Financial	$9,074,591	–	82,971	–	1.22%	–
STX	New	Seagate Technology Holdings	$9,001,157	–	145,485	–	1.21%	–
DIS	New	Walt Disney Co.	$8,726,811	–	97,746	–	1.17%	–
AEP	New	American Electric Power	$8,470,688	–	100,602	–	1.14%	–
BRKB	New	Berkshire Hathaway Inc. Cl B	$7,913,246	–	23,206	–	1.06%	–
STZ	New	Constellation Brands Inc-A	$7,138,262	–	29,002	–	0.96%	–
ABT	New	Abbott Laboratories	$6,708,982	–	61,539	–	0.90%	–
TSN	New	Tyson Foods, Inc.	$6,085,115	–	119,222	–	0.82%	–
PFE	New	Pfizer Inc.	$5,676,633	–	154,761	–	0.76%	–
TJX	New	TJX Cos. Inc.	$4,609,258	–	54,360	–	0.62%	–
LRCX	New	Lam Research	$4,460,315	–	6,938	–	0.60%	–
ORLY	New	O'Reilly Automotive Inc.	$1,331,688	–	1,394	–	0.18%	–
LOW	New	Lowe's Companies Inc.	$607,133	–	2,690	–	0.08%	–
LLY	New	Eli Lilly & Co	$476,483	–	1,016	–	0.06%	–
	New	Invesco Gold & Special Mnrlsmmf	$409,659	–	17,999	–	0.06%	–
HUM	New	Humana Inc.	$362,644	–	811	–	0.05%	–
TBC	New	AT&T Pfdpfd	$301,560	–	12,000	–	0.04%	–
HON	New	Honeywell Inc.	$284,275	–	1,370	–	0.04%	–
PSAPRJ	New	Public Storage Pfdpfd	$270,120	–	12,000	–	0.04%	–
USBPRR	New	US Bancorp Pfdpfd	$201,960	–	12,000	–	0.03%	–
NVR	New	NVR Inc.	$203,219	–	32	–	0.03%	–
BACPRO	New	Bank of America Pfdpfd	$190,600	–	10,000	–	0.03%	–

Q4 2022

			Value		Shares		↓ Weighting
BACPRO	Exit	Bank of America Pfdpfd	$0	–	-10,000	–	-0.03%	–
USBPRR	Exit	US Bancorp Pfdpfd	$0	–	-12,000	–	-0.04%	–
MDT	Exit	Medtronic PLC	$0	–	-2,919	–	-0.04%	–
FB	Exit	Meta Platforms Inc.	$0	–	-1,814	–	-0.04%	–
PSAPRJ	Exit	Public Storage Pfdpfd	$0	–	-12,000	–	-0.04%	–
TBC	Exit	AT&T Pfdpfd	$0	–	-12,000	–	-0.05%	–
	Exit	Invesco Gold & Special Mnrlsmmf	$0	–	-17,916	–	-0.06%	–
HUM	Exit	Humana Inc.	$0	–	-811	–	-0.07%	–
LLY	Exit	Eli Lilly & Co	$0	–	-1,420	–	-0.08%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-2,832	–	-0.09%	–
ZBRA	Exit	Zebra Technologies Corp	$0	–	-2,187	–	-0.10%	–
ORLY	Exit	O'Reilly Automotive Inc.	$0	–	-1,646	–	-0.20%	–
PNC	Exit	PNC Financial Services Group	$0	–	-24,717	–	-0.63%	–
LRCX	Exit	Lam Research	$0	–	-11,365	–	-0.71%	–
INTC	Exit	Intel Corp.	$0	–	-253,588	–	-1.11%	–
STX	Exit	Seagate Technology Holdings	$0	–	-130,870	–	-1.18%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-117,939	–	-1.24%	–
NUE	Exit	Nucor Corp.	$0	–	-68,119	–	-1.24%	–
F	Exit	Ford Motor Co.	$0	–	-661,595	–	-1.26%	–
STZ	Exit	Constellation Brands Inc-A	$0	–	-32,952	–	-1.29%	–
ADBE	Exit	Adobe Systems	$0	–	-28,082	–	-1.32%	–
QCOM	Exit	Qualcomm Inc.	$0	–	-68,891	–	-1.32%	–
NVDA	Exit	NVIDIA Corp.	$0	–	-66,184	–	-1.37%	–
SHW	Exit	Sherwin-Williams Co.	$0	–	-39,792	–	-1.39%	–
AMAT	Exit	Applied Materials Inc.	$0	–	-100,427	–	-1.40%	–
EVR	Exit	Evercore Inc.	$0	–	-101,795	–	-1.42%	–
CMCSA	Exit	Comcast Corp Class A	$0	–	-285,354	–	-1.42%	–
COF	Exit	Capital One Financial	$0	–	-91,745	–	-1.44%	–
PG	Exit	Procter & Gamble	$0	–	-68,371	–	-1.47%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-131,563	–	-1.48%	–
RF	Exit	Regions Financial Corp.	$0	–	-452,764	–	-1.55%	–
DIS	Exit	Walt Disney Co.	$0	–	-96,568	–	-1.55%	–
PSX	Exit	Phillips 66	$0	–	-114,616	–	-1.57%	–
BKNG	Exit	Booking Holdings Inc.	$0	–	-5,782	–	-1.62%	–
WMT	Exit	Wal Mart Stores	$0	–	-75,915	–	-1.68%	–
JNJ	Exit	Johnson & Johnson	$0	–	-62,795	–	-1.74%	–
JPM	Exit	J. P. Morgan	$0	–	-103,875	–	-1.85%	–
BAC	Exit	Bank Of America Corp	$0	–	-360,703	–	-1.85%	–
PEAK	Exit	Healthpeak Properties Inc.	$0	–	-480,951	–	-1.88%	–
PEP	Exit	Pepsico Inc.	$0	–	-67,746	–	-1.88%	–
CSCO	Exit	Cisco Systems	$0	–	-282,209	–	-1.92%	–
CB	Exit	Chubb Limited	$0	–	-62,920	–	-1.95%	–
UPS	Exit	United Parcel Service	$0	–	-71,308	–	-1.96%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-163,629	–	-1.98%	–
MPC	Exit	Marathon Pete Corp	$0	–	-117,960	–	-1.99%	–
AVGO	Exit	Broadcom Inc	$0	–	-26,638	–	-2.01%	–
HON	Exit	Honeywell Inc.	$0	–	-71,495	–	-2.03%	–
ABBV	Exit	AbbVie Inc.	$0	–	-89,813	–	-2.05%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-74,117	–	-2.07%	–
CVX	Exit	Chevron Corp	$0	–	-84,987	–	-2.08%	–
MRK	Exit	Merck & Co.	$0	–	-143,736	–	-2.11%	–
FISV	Exit	Fiserv Inc.	$0	–	-132,928	–	-2.12%	–
V	Exit	Visa Inc.	$0	–	-70,546	–	-2.13%	–
TMO	Exit	Thermo Fisher Scientific	$0	–	-24,713	–	-2.13%	–
CVS	Exit	CVS Health Corp	$0	–	-133,160	–	-2.16%	–
JBL	Exit	Jabil Circuit, Inc.	$0	–	-229,735	–	-2.26%	–
ALL	Exit	Allstate	$0	–	-109,398	–	-2.32%	–
HD	Exit	Home Depot Inc.	$0	–	-49,488	–	-2.32%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-223,395	–	-2.36%	–
ETN	Exit	Eaton Corp.	$0	–	-104,425	–	-2.37%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-27,961	–	-2.40%	–
SO	Exit	Southern Company	$0	–	-208,860	–	-2.42%	–
AMZN	Exit	Amazon.Com Inc.	$0	–	-142,807	–	-2.74%	–
MSFT	Exit	Microsoft Corp.	$0	–	-72,227	–	-2.86%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-184,585	–	-3.00%	–
AAPL	Exit	Apple Inc.	$0	–	-152,579	–	-3.59%	–

Q3 2022

			Value		Shares		↓ Weighting
AAPL	Sell	Apple Inc.	$21,086,000	+0.2%	152,579	-0.9%	3.59%	+6.0%
GOOGL	Buy	Alphabet Inc. Class A	$17,655,000	-10.9%	184,585	+1930.9%	3.00%	-5.7%
MSFT	Buy	Microsoft Corp.	$16,821,000	-8.4%	72,227	+1.0%	2.86%	-3.0%
AMZN	Buy	Amazon.Com Inc.	$16,137,000	+6.6%	142,807	+0.2%	2.74%	+12.8%
SO	Buy	Southern Company	$14,202,000	-2.1%	208,860	+2.7%	2.42%	+3.6%
UNH	Sell	UnitedHealth Group Inc.	$14,121,000	-8.4%	27,961	-6.9%	2.40%	-3.1%
ETN	Buy	Eaton Corp.	$13,926,000	+6.6%	104,425	+0.7%	2.37%	+12.8%
TJX	Buy	TJX Cos. Inc.	$13,877,000	+11.8%	223,395	+0.6%	2.36%	+18.4%
HD	Sell	Home Depot Inc.	$13,655,000	+0.4%	49,488	-0.2%	2.32%	+6.3%
ALL	Sell	Allstate	$13,623,000	-2.2%	109,398	-0.5%	2.32%	+3.5%
JBL	Buy	Jabil Circuit, Inc.	$13,258,000	+18.8%	229,735	+5.4%	2.26%	+25.8%
CVS	Buy	CVS Health Corp	$12,699,000	+3.4%	133,160	+0.4%	2.16%	+9.4%
TMO	Sell	Thermo Fisher Scientific	$12,534,000	-8.3%	24,713	-1.8%	2.13%	-3.0%
V	Buy	Visa Inc.	$12,532,000	-8.9%	70,546	+0.9%	2.13%	-3.6%
FISV	Buy	Fiserv Inc.	$12,438,000	+8.5%	132,928	+3.2%	2.12%	+14.8%
MRK	Sell	Merck & Co.	$12,378,000	-6.9%	143,736	-1.5%	2.11%	-1.5%
CVX	Buy	Chevron Corp	$12,210,000	-0.3%	84,987	+0.4%	2.08%	+5.5%
CAT	Buy	Caterpillar Inc Del	$12,161,000	-7.4%	74,117	+0.8%	2.07%	-2.0%
ABBV	Sell	AbbVie Inc.	$12,053,000	-14.7%	89,813	-2.7%	2.05%	-9.7%
HON	Sell	Honeywell Inc.	$11,937,000	-6.1%	71,495	-2.3%	2.03%	-0.6%
AVGO	Buy	Broadcom Inc	$11,827,000	-7.4%	26,638	+1.3%	2.01%	-2.0%
MPC	Buy	Marathon Pete Corp	$11,716,000	+25.8%	117,960	+4.1%	1.99%	+33.1%
BMY	Sell	Bristol Myers Squibb	$11,632,000	-10.6%	163,629	-3.2%	1.98%	-5.4%
UPS	Sell	United Parcel Service	$11,519,000	-11.6%	71,308	-0.1%	1.96%	-6.4%
CB	Buy	Chubb Limited	$11,444,000	-6.8%	62,920	+0.7%	1.95%	-1.4%
CSCO	Buy	Cisco Systems	$11,288,000	-1.4%	282,209	+5.1%	1.92%	+4.3%
PEP	Buy	Pepsico Inc.	$11,060,000	-1.7%	67,746	+0.4%	1.88%	+4.1%
PEAK	Buy	Healthpeak Properties Inc.	$11,023,000	-3.6%	480,951	+9.0%	1.88%	+2.0%
BAC	Buy	Bank Of America Corp	$10,893,000	-1.9%	360,703	+1.1%	1.85%	+3.8%
JPM	Buy	J. P. Morgan	$10,854,000	-5.1%	103,875	+2.3%	1.85%	+0.5%
JNJ	Sell	Johnson & Johnson	$10,258,000	-10.6%	62,795	-2.9%	1.74%	-5.4%
WMT	Sell	Wal Mart Stores	$9,846,000	+4.4%	75,915	-2.2%	1.68%	+10.4%
BKNG	Sell	Booking Holdings Inc.	$9,501,000	-10.1%	5,782	-4.3%	1.62%	-4.9%
PSX	Sell	Phillips 66	$9,251,000	-3.3%	114,616	-1.7%	1.57%	+2.4%
DIS	Buy	Walt Disney Co.	$9,109,000	+1.7%	96,568	+1.8%	1.55%	+7.6%
RF	Buy	Regions Financial Corp.	$9,086,000	+25.8%	452,764	+17.5%	1.55%	+33.2%
TSN	Buy	Tyson Foods, Inc.	$8,673,000	-23.1%	131,563	+0.5%	1.48%	-18.5%
PG	Buy	Procter & Gamble	$8,631,000	-11.1%	68,371	+1.3%	1.47%	-5.9%
COF	Sell	Capital One Financial	$8,456,000	-12.2%	91,745	-0.7%	1.44%	-7.0%
CMCSA	Buy	Comcast Corp Class A	$8,369,000	-19.6%	285,354	+7.5%	1.42%	-14.9%
EVR	Buy	Evercore Inc.	$8,372,000	-9.1%	101,795	+3.5%	1.42%	-3.8%
AMAT	Buy	Applied Materials Inc.	$8,228,000	-0.7%	100,427	+10.2%	1.40%	+5.0%
SHW	Buy	Sherwin-Williams Co.	$8,147,000	-6.8%	39,792	+1.9%	1.39%	-1.4%
NVDA	Buy	NVIDIA Corp.	$8,034,000	-13.8%	66,184	+7.6%	1.37%	-8.8%
QCOM	Buy	Qualcomm Inc.	$7,783,000	-5.4%	68,891	+7.0%	1.32%	+0.2%
ADBE	Buy	Adobe Systems	$7,728,000	-15.3%	28,082	+12.6%	1.32%	-10.4%
STZ	Buy	Constellation Brands Inc-A	$7,568,000	+8.4%	32,952	+10.0%	1.29%	+14.7%
F	Buy	Ford Motor Co.	$7,409,000	+8.9%	661,595	+8.2%	1.26%	+15.3%
NUE	Sell	Nucor Corp.	$7,288,000	-3.2%	68,119	-5.5%	1.24%	+2.5%
GILD	Buy	Gilead Sciences Inc.	$7,275,000	+12.8%	117,939	+13.0%	1.24%	+19.4%
STX	Sell	Seagate Technology Holdings	$6,966,000	-28.1%	130,870	-3.6%	1.18%	-24.0%
INTC	Buy	Intel Corp.	$6,534,000	-26.4%	253,588	+6.9%	1.11%	-22.1%
LRCX	Sell	Lam Research	$4,159,000	-15.3%	11,365	-1.4%	0.71%	-10.3%
PNC	Sell	PNC Financial Services Group	$3,693,000	-8.4%	24,717	-3.3%	0.63%	-3.1%
LOW	Buy	Lowe's Companies Inc.	$531,000	+31.4%	2,832	+22.2%	0.09%	+38.5%
LLY	Sell	Eli Lilly & Co	$459,000	-4.0%	1,420	-3.7%	0.08%	+1.3%
	New	Invesco Gold & Special Mnrlsmmf	$322,000	–	17,916	–	0.06%	–
FB	Sell	Meta Platforms Inc.	$246,000	-97.3%	1,814	-96.8%	0.04%	-97.2%
MDT	Sell	Medtronic PLC	$235,000	-18.4%	2,919	-9.2%	0.04%	-13.0%

Q2 2022

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$21,043,000	–	153,918	–	3.38%	–
GOOGL	New	Alphabet Inc. Class A	$19,807,000	–	9,089	–	3.18%	–
MSFT	New	Microsoft Corp.	$18,360,000	–	71,487	–	2.95%	–
UNH	New	UnitedHealth Group Inc.	$15,423,000	–	30,028	–	2.48%	–
AMZN	New	Amazon.Com Inc.	$15,141,000	–	142,565	–	2.43%	–
SO	New	Southern Company	$14,501,000	–	203,356	–	2.33%	–
ABBV	New	AbbVie Inc.	$14,134,000	–	92,287	–	2.27%	–
ALL	New	Allstate	$13,927,000	–	109,897	–	2.24%	–
V	New	Visa Inc.	$13,762,000	–	69,899	–	2.21%	–
TMO	New	Thermo Fisher Scientific	$13,672,000	–	25,166	–	2.20%	–
HD	New	Home Depot Inc.	$13,594,000	–	49,567	–	2.18%	–
MRK	New	Merck & Co.	$13,299,000	–	145,877	–	2.14%	–
CAT	New	Caterpillar Inc Del	$13,137,000	–	73,494	–	2.11%	–
ETN	New	Eaton Corp.	$13,069,000	–	103,736	–	2.10%	–
UPS	New	United Parcel Service	$13,034,000	–	71,403	–	2.10%	–
BMY	New	Bristol Myers Squibb	$13,016,000	–	169,042	–	2.09%	–
AVGO	New	Broadcom Inc	$12,779,000	–	26,305	–	2.05%	–
HON	New	Honeywell Inc.	$12,712,000	–	73,141	–	2.04%	–
TJX	New	TJX Cos. Inc.	$12,407,000	–	222,155	–	1.99%	–
CB	New	Chubb Limited	$12,285,000	–	62,498	–	1.98%	–
CVS	New	CVS Health Corp	$12,284,000	–	132,579	–	1.98%	–
CVX	New	Chevron Corp	$12,251,000	–	84,622	–	1.97%	–
JNJ	New	Johnson & Johnson	$11,477,000	–	64,660	–	1.84%	–
FISV	New	Fiserv Inc.	$11,464,000	–	128,858	–	1.84%	–
CSCO	New	Cisco Systems	$11,444,000	–	268,407	–	1.84%	–
JPM	New	J. P. Morgan	$11,436,000	–	101,558	–	1.84%	–
PEAK	New	Healthpeak Properties Inc.	$11,431,000	–	441,200	–	1.84%	–
TSN	New	Tyson Foods, Inc.	$11,271,000	–	130,973	–	1.81%	–
PEP	New	Pepsico Inc.	$11,250,000	–	67,507	–	1.81%	–
JBL	New	Jabil Circuit, Inc.	$11,160,000	–	217,940	–	1.79%	–
BAC	New	Bank Of America Corp	$11,102,000	–	356,665	–	1.78%	–
BKNG	New	Booking Holdings Inc.	$10,567,000	–	6,042	–	1.70%	–
CMCSA	New	Comcast Corp Class A	$10,411,000	–	265,328	–	1.67%	–
PG	New	Procter & Gamble	$9,705,000	–	67,499	–	1.56%	–
STX	New	Seagate Technology Holdings	$9,695,000	–	135,718	–	1.56%	–
COF	New	Capital One Financial	$9,628,000	–	92,412	–	1.55%	–
PSX	New	Phillips 66	$9,564,000	–	116,655	–	1.54%	–
WMT	New	Wal Mart Stores	$9,434,000	–	77,597	–	1.52%	–
NVDA	New	NVIDIA Corp.	$9,323,000	–	61,506	–	1.50%	–
MPC	New	Marathon Pete Corp	$9,314,000	–	113,296	–	1.50%	–
EVR	New	Evercore Inc.	$9,210,000	–	98,394	–	1.48%	–
FB	New	Meta Platforms Inc.	$9,202,000	–	57,071	–	1.48%	–
ADBE	New	Adobe Systems	$9,125,000	–	24,930	–	1.47%	–
DIS	New	Walt Disney Co.	$8,956,000	–	94,883	–	1.44%	–
INTC	New	Intel Corp.	$8,874,000	–	237,231	–	1.43%	–
SHW	New	Sherwin-Williams Co.	$8,743,000	–	39,048	–	1.40%	–
AMAT	New	Applied Materials Inc.	$8,290,000	–	91,127	–	1.33%	–
QCOM	New	Qualcomm Inc.	$8,224,000	–	64,381	–	1.32%	–
NUE	New	Nucor Corp.	$7,527,000	–	72,099	–	1.21%	–
RF	New	Regions Financial Corp.	$7,222,000	–	385,201	–	1.16%	–
STZ	New	Constellation Brands Inc-A	$6,983,000	–	29,964	–	1.12%	–
F	New	Ford Motor Co.	$6,804,000	–	611,399	–	1.09%	–
GILD	New	Gilead Sciences Inc.	$6,448,000	–	104,329	–	1.04%	–
LRCX	New	Lam Research	$4,911,000	–	11,524	–	0.79%	–
PNC	New	PNC Financial Services Group	$4,031,000	–	25,551	–	0.65%	–
ORLY	New	O'Reilly Automotive Inc.	$1,039,000	–	1,646	–	0.17%	–
ZBRA	New	Zebra Technologies Corp	$642,000	–	2,187	–	0.10%	–
LLY	New	Eli Lilly & Co	$478,000	–	1,475	–	0.08%	–
LOW	New	Lowe's Companies Inc.	$404,000	–	2,318	–	0.06%	–
HUM	New	Humana Inc.	$379,000	–	811	–	0.06%	–
TBC	New	AT&T Pfdpfd	$301,000	–	12,000	–	0.05%	–
MDT	New	Medtronic PLC	$288,000	–	3,216	–	0.05%	–
PSAPRJ	New	Public Storage Pfdpfd	$264,000	–	12,000	–	0.04%	–
USBPRR	New	US Bancorp Pfdpfd	$222,000	–	12,000	–	0.04%	–
BACPRO	New	Bank of America Pfdpfd	$190,000	–	10,000	–	0.03%	–

Q4 2021

			Value		Shares		↓ Weighting
BACPRO	Exit	Bank of America Pfdpfd	$0	–	-10,000	–	-0.03%	–
USBPRR	Exit	US Bancorp Pfdpfd	$0	–	-12,000	–	-0.04%	–
TBC	Exit	AT&T Pfdpfd	$0	–	-12,000	–	-0.04%	–
PSAPRJ	Exit	Public Storage Pfdpfd	$0	–	-12,000	–	-0.04%	–
IWO	Exit	Ishares Trust GR Index Fund	$0	–	-1,148	–	-0.04%	–
HUM	Exit	Humana Inc.	$0	–	-1,168	–	-0.06%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-2,440	–	-0.06%	–
DLR	Exit	Digital Realty Trust Inc.	$0	–	-4,530	–	-0.08%	–
LLY	Exit	Eli Lilly & Co	$0	–	-5,505	–	-0.16%	–
STZ	Exit	Constellation Brands Inc-A	$0	–	-17,492	–	-0.48%	–
ZBRA	Exit	Zebra Technologies Corp	$0	–	-7,978	–	-0.53%	–
STX	Exit	Seagate Technology Holdings	$0	–	-62,705	–	-0.67%	–
AKAM	Exit	Akamai Technologies	$0	–	-58,902	–	-0.80%	–
SJM	Exit	J.M. Smucker Co.	$0	–	-58,456	–	-0.91%	–
PSX	Exit	Phillips 66	$0	–	-112,156	–	-1.02%	–
CVX	Exit	Chevron Corp	$0	–	-81,887	–	-1.08%	–
IP	Exit	International Paper	$0	–	-163,515	–	-1.19%	–
CERN	Exit	Cerner Corp.	$0	–	-131,187	–	-1.20%	–
CB	Exit	Chubb Limited	$0	–	-54,381	–	-1.23%	–
MMM	Exit	3M Company	$0	–	-58,903	–	-1.34%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-154,294	–	-1.40%	–
ABBV	Exit	AbbVie Inc.	$0	–	-100,062	–	-1.40%	–
INTC	Exit	Intel Corp.	$0	–	-204,894	–	-1.42%	–
UPS	Exit	United Parcel Service	$0	–	-60,155	–	-1.42%	–
PG	Exit	Procter & Gamble	$0	–	-80,010	–	-1.45%	–
EVR	Exit	Evercore Inc.	$0	–	-84,955	–	-1.48%	–
JNJ	Exit	Johnson & Johnson	$0	–	-72,158	–	-1.52%	–
PEP	Exit	Pepsico Inc.	$0	–	-77,511	–	-1.52%	–
SHW	Exit	Sherwin-Williams Co.	$0	–	-41,783	–	-1.52%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-201,221	–	-1.55%	–
MRK	Exit	Merck & Co.	$0	–	-158,824	–	-1.55%	–
WMT	Exit	Wal Mart Stores	$0	–	-85,661	–	-1.55%	–
BKNG	Exit	Booking Holdings Inc.	$0	–	-5,093	–	-1.57%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-155,483	–	-1.60%	–
AMAT	Exit	Applied Materials Inc.	$0	–	-96,488	–	-1.61%	–
ADP	Exit	Automatic Data Proc	$0	–	-62,909	–	-1.63%	–
MDT	Exit	Medtronic PLC	$0	–	-103,850	–	-1.69%	–
FISV	Exit	Fiserv Inc.	$0	–	-121,291	–	-1.71%	–
ALL	Exit	Allstate	$0	–	-104,624	–	-1.73%	–
CVS	Exit	CVS Health Corp	$0	–	-158,485	–	-1.75%	–
PNC	Exit	PNC Financial Services Group	$0	–	-68,866	–	-1.75%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-70,408	–	-1.76%	–
JBL	Exit	Jabil Circuit, Inc.	$0	–	-238,043	–	-1.81%	–
ADBE	Exit	Adobe Systems	$0	–	-24,267	–	-1.82%	–
HON	Exit	Honeywell Inc.	$0	–	-66,001	–	-1.82%	–
CSCO	Exit	Cisco Systems	$0	–	-259,136	–	-1.83%	–
CMCSA	Exit	Comcast Corp Class A	$0	–	-252,211	–	-1.83%	–
COF	Exit	Capital One Financial	$0	–	-87,215	–	-1.84%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-215,475	–	-1.85%	–
AVGO	Exit	Broadcom Inc	$0	–	-29,694	–	-1.87%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-37,445	–	-1.90%	–
BAC	Exit	Bank Of America Corp	$0	–	-346,794	–	-1.91%	–
ETN	Exit	Eaton Corp.	$0	–	-100,819	–	-1.96%	–
JPM	Exit	J. P. Morgan	$0	–	-92,091	–	-1.96%	–
DIS	Exit	Walt Disney Co.	$0	–	-89,927	–	-1.98%	–
PEAK	Exit	Healthpeak Properties Inc.	$0	–	-460,945	–	-2.01%	–
MDU	Exit	MDU Resources Group	$0	–	-524,777	–	-2.02%	–
V	Exit	Visa Inc.	$0	–	-71,227	–	-2.06%	–
ORLY	Exit	O'Reilly Automotive Inc.	$0	–	-26,225	–	-2.08%	–
LRCX	Exit	Lam Research	$0	–	-28,292	–	-2.09%	–
TMO	Exit	Thermo Fisher Scientific	$0	–	-28,703	–	-2.13%	–
FB	Exit	Facebook Inc.	$0	–	-51,957	–	-2.29%	–
HD	Exit	Home Depot Inc.	$0	–	-55,456	–	-2.37%	–
AMZN	Exit	Amazon.Com Inc.	$0	–	-7,134	–	-3.05%	–
MSFT	Exit	Microsoft Corp.	$0	–	-86,105	–	-3.16%	–
AAPL	Exit	Apple Inc.	$0	–	-181,248	–	-3.33%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-9,864	–	-3.43%	–

Q3 2021

			Value		Shares		↓ Weighting
GOOGL	Sell	Alphabet Inc. Class A	$26,371,000	+0.9%	9,864	-7.8%	3.43%	+2.5%
AAPL	Sell	Apple Inc.	$25,646,000	+1.6%	181,248	-1.7%	3.33%	+3.2%
MSFT	Sell	Microsoft Corp.	$24,274,000	+0.3%	86,105	-3.6%	3.16%	+1.9%
AMZN	Buy	Amazon.Com Inc.	$23,435,000	-4.3%	7,134	+0.3%	3.05%	-2.7%
HD	Sell	Home Depot Inc.	$18,204,000	+2.4%	55,456	-0.5%	2.37%	+4.0%
FB	Sell	Facebook Inc.	$17,633,000	-4.5%	51,957	-2.2%	2.29%	-3.0%
TMO	Sell	Thermo Fisher Scientific	$16,398,000	+12.2%	28,703	-0.9%	2.13%	+14.0%
LRCX	Sell	Lam Research	$16,102,000	-13.8%	28,292	-1.4%	2.09%	-12.4%
ORLY	Sell	O'Reilly Automotive Inc.	$16,025,000	+6.2%	26,225	-1.6%	2.08%	+7.9%
V	Sell	Visa Inc.	$15,865,000	-5.3%	71,227	-0.6%	2.06%	-3.8%
MDU	Sell	MDU Resources Group	$15,570,000	-5.5%	524,777	-0.1%	2.02%	-3.9%
PEAK	Buy	Healthpeak Properties Inc.	$15,432,000	+2.0%	460,945	+1.4%	2.01%	+3.6%
DIS	Sell	Walt Disney Co.	$15,212,000	-3.8%	89,927	-0.0%	1.98%	-2.3%
JPM	Sell	J. P. Morgan	$15,074,000	+5.0%	92,091	-0.2%	1.96%	+6.6%
ETN	Sell	Eaton Corp.	$15,053,000	+0.0%	100,819	-0.7%	1.96%	+1.6%
BAC	Buy	Bank Of America Corp	$14,721,000	+3.1%	346,794	+0.2%	1.91%	+4.7%
UNH	Sell	UnitedHealth Group Inc.	$14,631,000	-2.7%	37,445	-0.3%	1.90%	-1.1%
AVGO	Buy	Broadcom Inc	$14,399,000	+3.6%	29,694	+1.8%	1.87%	+5.2%
TJX	Buy	TJX Cos. Inc.	$14,217,000	-2.0%	215,475	+0.1%	1.85%	-0.5%
COF	Sell	Capital One Financial	$14,126,000	+4.2%	87,215	-0.5%	1.84%	+5.8%
CMCSA	Buy	Comcast Corp Class A	$14,106,000	-1.8%	252,211	+0.2%	1.83%	-0.2%
CSCO	Sell	Cisco Systems	$14,104,000	+2.6%	259,136	-0.1%	1.83%	+4.1%
HON	Buy	Honeywell Inc.	$14,010,000	-3.0%	66,001	+0.2%	1.82%	-1.5%
ADBE	Sell	Adobe Systems	$13,971,000	-3.7%	24,267	-2.0%	1.82%	-2.2%
JBL	Sell	Jabil Circuit, Inc.	$13,894,000	-2.8%	238,043	-3.2%	1.81%	-1.3%
CAT	Buy	Caterpillar Inc Del	$13,516,000	-11.8%	70,408	+0.0%	1.76%	-10.4%
PNC	Sell	PNC Financial Services Group	$13,473,000	+2.2%	68,866	-0.3%	1.75%	+3.8%
CVS	Buy	CVS Health Corp	$13,449,000	+2.9%	158,485	+1.2%	1.75%	+4.5%
ALL	Buy	Allstate	$13,319,000	-2.0%	104,624	+0.5%	1.73%	-0.4%
FISV	Sell	Fiserv Inc.	$13,160,000	-2.1%	121,291	-3.5%	1.71%	-0.5%
MDT	Sell	Medtronic PLC	$13,017,000	+0.9%	103,850	-0.1%	1.69%	+2.4%
ADP	Buy	Automatic Data Proc	$12,576,000	+0.8%	62,909	+0.1%	1.63%	+2.3%
AMAT	Buy	Applied Materials Inc.	$12,420,000	-8.4%	96,488	+1.4%	1.61%	-6.9%
TSN	Sell	Tyson Foods, Inc.	$12,273,000	+5.0%	155,483	-1.9%	1.60%	+6.6%
BKNG	Buy	Booking Holdings Inc.	$12,090,000	+11.6%	5,093	+2.9%	1.57%	+13.3%
WMT	Sell	Wal Mart Stores	$11,939,000	-1.5%	85,661	-0.4%	1.55%	+0.1%
MRK	Buy	Merck & Co.	$11,929,000	+1.1%	158,824	+4.7%	1.55%	+2.6%
BMY	Buy	Bristol Myers Squibb	$11,906,000	-8.5%	201,221	+3.3%	1.55%	-7.1%
SHW	Sell	Sherwin-Williams Co.	$11,688,000	+0.6%	41,783	-2.0%	1.52%	+2.2%
PEP	Sell	Pepsico Inc.	$11,658,000	+0.5%	77,511	-1.0%	1.52%	+2.0%
JNJ	Buy	Johnson & Johnson	$11,653,000	-1.6%	72,158	+0.4%	1.52%	0.0%
EVR	Sell	Evercore Inc.	$11,355,000	-6.0%	84,955	-1.0%	1.48%	-4.5%
PG	Sell	Procter & Gamble	$11,185,000	+2.5%	80,010	-1.1%	1.45%	+4.2%
UPS	Buy	United Parcel Service	$10,954,000	-10.0%	60,155	+2.7%	1.42%	-8.6%
INTC	Sell	Intel Corp.	$10,916,000	-5.1%	204,894	-0.0%	1.42%	-3.6%
ABBV	Buy	AbbVie Inc.	$10,793,000	-1.9%	100,062	+2.5%	1.40%	-0.4%
GILD	Buy	Gilead Sciences Inc.	$10,777,000	+5.1%	154,294	+3.6%	1.40%	+6.8%
MMM	Buy	3M Company	$10,332,000	-2.6%	58,903	+10.3%	1.34%	-1.1%
CB	Buy	Chubb Limited	$9,434,000	+10.9%	54,381	+1.6%	1.23%	+12.7%
CERN	Sell	Cerner Corp.	$9,251,000	-9.9%	131,187	-0.1%	1.20%	-8.5%
IP	Sell	International Paper	$9,143,000	-9.5%	163,515	-0.8%	1.19%	-8.1%
CVX	Buy	Chevron Corp	$8,307,000	+4.5%	81,887	+7.9%	1.08%	+6.2%
PSX	Buy	Phillips 66	$7,854,000	-7.5%	112,156	+13.4%	1.02%	-6.0%
SJM	Sell	J.M. Smucker Co.	$7,016,000	-42.7%	58,456	-38.1%	0.91%	-41.8%
AKAM	Sell	Akamai Technologies	$6,160,000	-47.6%	58,902	-41.6%	0.80%	-46.7%
STX	New	Seagate Technology Holdings	$5,174,000	–	62,705	–	0.67%	–
ZBRA	Sell	Zebra Technologies Corp	$4,112,000	-14.1%	7,978	-11.7%	0.53%	-12.7%
STZ	New	Constellation Brands Inc-A	$3,685,000	–	17,492	–	0.48%	–
DLR	Sell	Digital Realty Trust Inc.	$654,000	-24.0%	4,530	-20.8%	0.08%	-22.7%
LOW	Sell	Lowe's Companies Inc.	$494,000	-1.6%	2,440	-5.8%	0.06%	0.0%
HUM	Sell	Humana Inc.	$454,000	-15.8%	1,168	-4.1%	0.06%	-14.5%
BACPRO	New	Bank of America Pfdpfd	$263,000	–	10,000	–	0.03%	–
AMGN	Exit	Amgen	$0	–	-930	–	-0.03%	–
LMIBL	Exit	Legg Mason Pfdpfd	$0	–	-10,000	–	-0.03%	–
OGN	Exit	Organon & Co.	$0	–	-13,261	–	-0.05%	–
VZ	Exit	Verizon Communications	$0	–	-9,718	–	-0.07%	–

Q2 2021

			Value		Shares		↓ Weighting
GOOGL	New	Alphabet Inc. Class A	$26,124,000	–	10,699	–	3.34%	–
AAPL	New	Apple Inc.	$25,245,000	–	184,330	–	3.23%	–
AMZN	New	Amazon.Com Inc.	$24,476,000	–	7,115	–	3.13%	–
MSFT	New	Microsoft Corp.	$24,197,000	–	89,322	–	3.10%	–
LRCX	New	Lam Research	$18,675,000	–	28,700	–	2.39%	–
FB	New	Facebook Inc.	$18,473,000	–	53,129	–	2.36%	–
HD	New	Home Depot Inc.	$17,780,000	–	55,756	–	2.28%	–
V	New	Visa Inc.	$16,753,000	–	71,651	–	2.14%	–
MDU	New	MDU Resources Group	$16,469,000	–	525,507	–	2.11%	–
DIS	New	Walt Disney Co.	$15,807,000	–	89,932	–	2.02%	–
CAT	New	Caterpillar Inc Del	$15,321,000	–	70,402	–	1.96%	–
PEAK	New	Healthpeak Properties Inc.	$15,130,000	–	454,505	–	1.94%	–
ORLY	New	O'Reilly Automotive Inc.	$15,092,000	–	26,656	–	1.93%	–
ETN	New	Eaton Corp.	$15,047,000	–	101,549	–	1.92%	–
UNH	New	UnitedHealth Group Inc.	$15,033,000	–	37,542	–	1.92%	–
TMO	New	Thermo Fisher Scientific	$14,609,000	–	28,961	–	1.87%	–
TJX	New	TJX Cos. Inc.	$14,509,000	–	215,213	–	1.86%	–
ADBE	New	Adobe Systems	$14,505,000	–	24,768	–	1.86%	–
HON	New	Honeywell Inc.	$14,442,000	–	65,842	–	1.85%	–
JPM	New	J. P. Morgan	$14,357,000	–	92,309	–	1.84%	–
CMCSA	New	Comcast Corp Class A	$14,358,000	–	251,820	–	1.84%	–
JBL	New	Jabil Circuit, Inc.	$14,292,000	–	245,907	–	1.83%	–
BAC	New	Bank Of America Corp	$14,276,000	–	346,254	–	1.83%	–
AVGO	New	Broadcom Inc	$13,904,000	–	29,160	–	1.78%	–
CSCO	New	Cisco Systems	$13,751,000	–	259,453	–	1.76%	–
ALL	New	Allstate	$13,585,000	–	104,154	–	1.74%	–
COF	New	Capital One Financial	$13,561,000	–	87,667	–	1.74%	–
AMAT	New	Applied Materials Inc.	$13,553,000	–	95,181	–	1.73%	–
FISV	New	Fiserv Inc.	$13,436,000	–	125,705	–	1.72%	–
PNC	New	PNC Financial Services Group	$13,180,000	–	69,093	–	1.69%	–
CVS	New	CVS Health Corp	$13,072,000	–	156,674	–	1.67%	–
BMY	New	Bristol Myers Squibb	$13,016,000	–	194,800	–	1.67%	–
MDT	New	Medtronic PLC	$12,906,000	–	103,977	–	1.65%	–
ADP	New	Automatic Data Proc	$12,478,000	–	62,826	–	1.60%	–
SJM	New	J.M. Smucker Co.	$12,234,000	–	94,426	–	1.57%	–
UPS	New	United Parcel Service	$12,177,000	–	58,555	–	1.56%	–
WMT	New	Wal Mart Stores	$12,122,000	–	85,965	–	1.55%	–
EVR	New	Evercore Inc.	$12,082,000	–	85,834	–	1.55%	–
JNJ	New	Johnson & Johnson	$11,838,000	–	71,862	–	1.52%	–
MRK	New	Merck & Co.	$11,800,000	–	151,740	–	1.51%	–
AKAM	New	Akamai Technologies	$11,756,000	–	100,827	–	1.50%	–
TSN	New	Tyson Foods, Inc.	$11,694,000	–	158,551	–	1.50%	–
SHW	New	Sherwin-Williams Co.	$11,618,000	–	42,643	–	1.49%	–
PEP	New	Pepsico Inc.	$11,602,000	–	78,305	–	1.48%	–
INTC	New	Intel Corp.	$11,505,000	–	204,949	–	1.47%	–
ABBV	New	AbbVie Inc.	$11,000,000	–	97,664	–	1.41%	–
PG	New	Procter & Gamble	$10,913,000	–	80,880	–	1.40%	–
BKNG	New	Booking Holdings Inc.	$10,831,000	–	4,950	–	1.39%	–
MMM	New	3M Company	$10,610,000	–	53,420	–	1.36%	–
CERN	New	Cerner Corp.	$10,264,000	–	131,328	–	1.31%	–
GILD	New	Gilead Sciences Inc.	$10,254,000	–	148,922	–	1.31%	–
IP	New	International Paper	$10,107,000	–	164,853	–	1.29%	–
CB	New	Chubb Limited	$8,503,000	–	53,503	–	1.09%	–
PSX	New	Phillips 66	$8,489,000	–	98,918	–	1.09%	–
CVX	New	Chevron Corp	$7,946,000	–	75,869	–	1.02%	–
ZBRA	New	Zebra Technologies Corp	$4,785,000	–	9,038	–	0.61%	–
LLY	New	Eli Lilly & Co	$1,263,000	–	5,505	–	0.16%	–
DLR	New	Digital Realty Trust Inc.	$860,000	–	5,718	–	0.11%	–
VZ	New	Verizon Communications	$544,000	–	9,718	–	0.07%	–
HUM	New	Humana Inc.	$539,000	–	1,218	–	0.07%	–
LOW	New	Lowe's Companies Inc.	$502,000	–	2,590	–	0.06%	–
OGN	New	Organon & Co.	$401,000	–	13,261	–	0.05%	–
IWO	New	Ishares Trust GR Index Fund	$357,000	–	1,148	–	0.05%	–
PSAPRJ	New	Public Storage Pfdpfd	$335,000	–	12,000	–	0.04%	–
TBC	New	AT&T Pfdpfd	$332,000	–	12,000	–	0.04%	–
USBPRR	New	US Bancorp Pfdpfd	$312,000	–	12,000	–	0.04%	–
LMIBL	New	Legg Mason Pfdpfd	$252,000	–	10,000	–	0.03%	–
AMGN	New	Amgen	$226,000	–	930	–	0.03%	–

Q4 2020

			Value		Shares		↓ Weighting
	Exit	WF Intermed Tax/Amt Fr Ammf	$0	–	-10,833	–	-0.02%	–
LMIBL	Exit	Legg Mason Inc (pfd)pfd	$0	–	-10,000	–	-0.04%	–
IWO	Exit	Ishares Trust GR Index Fund	$0	–	-1,148	–	-0.04%	–
AMGN	Exit	Amgen	$0	–	-1,020	–	-0.04%	–
BP	Exit	BP PLC ADR	$0	–	-15,705	–	-0.04%	–
GD	Exit	General Dynamics	$0	–	-2,110	–	-0.05%	–
TFCPRF	Exit	Truist Financial Corppfd	$0	–	-12,000	–	-0.05%	–
TBC	Exit	AT&T Pfdpfd	$0	–	-12,000	–	-0.05%	–
PSAPRJ	Exit	Public Storage Pfdpfd	$0	–	-12,000	–	-0.05%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-2,930	–	-0.08%	–
HUM	Exit	Humana Inc.	$0	–	-1,318	–	-0.09%	–
LLY	Exit	Eli Lilly & Co	$0	–	-9,506	–	-0.23%	–
PSX	Exit	Phillips 66	$0	–	-86,564	–	-0.73%	–
CVX	Exit	Chevron Corp	$0	–	-65,141	–	-0.76%	–
EVR	Exit	Evercore Inc.	$0	–	-94,021	–	-1.00%	–
CB	Exit	Chubb Limited	$0	–	-54,432	–	-1.03%	–
COF	Exit	Capital One Financial	$0	–	-88,705	–	-1.04%	–
IP	Exit	International Paper	$0	–	-162,083	–	-1.07%	–
ABBV	Exit	AbbVie Inc.	$0	–	-75,029	–	-1.07%	–
BKNG	Exit	Booking Holdings Inc.	$0	–	-4,014	–	-1.12%	–
MMM	Exit	3M Company	$0	–	-45,749	–	-1.19%	–
PNC	Exit	PNC Financial Services Group	$0	–	-73,587	–	-1.31%	–
ADP	Exit	Automatic Data Proc	$0	–	-59,504	–	-1.35%	–
BAC	Exit	Bank Of America Corp	$0	–	-354,276	–	-1.39%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-135,715	–	-1.39%	–
CVS	Exit	CVS Health Corp	$0	–	-148,582	–	-1.41%	–
JBL	Exit	Jabil Circuit, Inc.	$0	–	-256,830	–	-1.43%	–
CERN	Exit	Cerner Corp.	$0	–	-127,421	–	-1.50%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-156,259	–	-1.53%	–
ETN	Exit	Eaton Corp.	$0	–	-94,484	–	-1.57%	–
JPM	Exit	J. P. Morgan	$0	–	-100,260	–	-1.57%	–
AKAM	Exit	Akamai Technologies	$0	–	-87,704	–	-1.58%	–
CSCO	Exit	Cisco Systems	$0	–	-249,119	–	-1.59%	–
ALL	Exit	Allstate	$0	–	-106,202	–	-1.62%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-171,657	–	-1.66%	–
SHW	Exit	Sherwin-Williams Co.	$0	–	-14,671	–	-1.66%	–
INTC	Exit	Intel Corp.	$0	–	-198,439	–	-1.67%	–
ORLY	Exit	O'Reilly Automotive Inc.	$0	–	-22,596	–	-1.69%	–
BAX	Exit	Baxter International Inc.	$0	–	-129,693	–	-1.69%	–
MDT	Exit	Medtronic PLC	$0	–	-104,499	–	-1.76%	–
VZ	Exit	Verizon Communications	$0	–	-185,368	–	-1.79%	–
LMT	Exit	Lockheed Martin Corp.	$0	–	-29,102	–	-1.81%	–
SJM	Exit	J.M. Smucker Co.	$0	–	-97,076	–	-1.82%	–
MRK	Exit	Merck & Co.	$0	–	-136,513	–	-1.84%	–
HON	Exit	Honeywell Inc.	$0	–	-68,852	–	-1.84%	–
CMCSA	Exit	Comcast Corp Class A	$0	–	-248,572	–	-1.87%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-210,755	–	-1.90%	–
DIS	Exit	Walt Disney Co.	$0	–	-95,223	–	-1.92%	–
ADBE	Exit	Adobe Systems	$0	–	-24,190	–	-1.93%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-79,922	–	-1.94%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-38,561	–	-1.95%	–
PEP	Exit	Pepsico Inc.	$0	–	-87,035	–	-1.96%	–
ZBRA	Exit	Zebra Technologies Corp	$0	–	-47,898	–	-1.96%	–
MDU	Exit	MDU Resources Group	$0	–	-539,438	–	-1.97%	–
WMT	Exit	Wal Mart Stores	$0	–	-89,366	–	-2.03%	–
FISV	Exit	Fiserv Inc.	$0	–	-129,562	–	-2.17%	–
DLR	Exit	Digital Realty Trust Inc.	$0	–	-91,073	–	-2.17%	–
FB	Exit	Facebook Inc.	$0	–	-51,924	–	-2.21%	–
PG	Exit	Procter & Gamble	$0	–	-97,951	–	-2.21%	–
TMO	Exit	Thermo Fisher Scientific	$0	–	-31,554	–	-2.26%	–
HD	Exit	Home Depot Inc.	$0	–	-52,074	–	-2.35%	–
V	Exit	Visa Inc.	$0	–	-73,541	–	-2.39%	–
LRCX	Exit	Lam Research	$0	–	-46,005	–	-2.48%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-13,189	–	-3.14%	–
MSFT	Exit	Microsoft Corp.	$0	–	-93,802	–	-3.20%	–
AMZN	Exit	Amazon.Com Inc.	$0	–	-7,182	–	-3.67%	–
AAPL	Exit	Apple Inc.	$0	–	-214,843	–	-4.04%	–

Q3 2020

			Value		Shares		↓ Weighting
AAPL	Buy	Apple Inc.	$24,880,000	-2.1%	214,843	+208.5%	4.04%	-6.7%
AMZN	Sell	Amazon.Com Inc.	$22,614,000	-4.5%	7,182	-16.3%	3.67%	-8.9%
MSFT	Sell	Microsoft Corp.	$19,729,000	-2.6%	93,802	-5.7%	3.20%	-7.1%
GOOGL	Sell	Alphabet Inc. Class A	$19,329,000	+0.4%	13,189	-2.8%	3.14%	-4.3%
LRCX	Sell	Lam Research	$15,262,000	-4.4%	46,005	-6.8%	2.48%	-8.9%
V	Sell	Visa Inc.	$14,706,000	+0.7%	73,541	-2.7%	2.39%	-4.1%
HD	Sell	Home Depot Inc.	$14,461,000	+9.6%	52,074	-1.2%	2.35%	+4.4%
TMO	Sell	Thermo Fisher Scientific	$13,931,000	+10.5%	31,554	-9.3%	2.26%	+5.3%
PG	Sell	Procter & Gamble	$13,614,000	+13.7%	97,951	-2.2%	2.21%	+8.4%
FB	Sell	Facebook Inc.	$13,598,000	+15.2%	51,924	-0.1%	2.21%	+9.8%
DLR	Buy	Digital Realty Trust Inc.	$13,365,000	+5.6%	91,073	+2.3%	2.17%	+0.7%
FISV	Sell	Fiserv Inc.	$13,351,000	+4.6%	129,562	-0.9%	2.17%	-0.3%
WMT	Buy	Wal Mart Stores	$12,503,000	+18.5%	89,366	+1.5%	2.03%	+13.0%
MDU	Buy	MDU Resources Group	$12,137,000	+6.0%	539,438	+4.5%	1.97%	+1.1%
ZBRA	Sell	Zebra Technologies Corp	$12,092,000	-5.1%	47,898	-3.8%	1.96%	-9.6%
PEP	Sell	Pepsico Inc.	$12,063,000	+4.8%	87,035	-0.0%	1.96%	-0.2%
UNH	Sell	UnitedHealth Group Inc.	$12,022,000	+4.8%	38,561	-0.9%	1.95%	-0.2%
CAT	Sell	Caterpillar Inc Del	$11,920,000	+13.0%	79,922	-4.1%	1.94%	+7.7%
ADBE	Buy	Adobe Systems	$11,863,000	+26.1%	24,190	+11.9%	1.93%	+20.2%
DIS	Sell	Walt Disney Co.	$11,815,000	+8.8%	95,223	-2.2%	1.92%	+3.7%
TJX	Buy	TJX Cos. Inc.	$11,728,000	+12.7%	210,755	+2.4%	1.90%	+7.4%
CMCSA	Sell	Comcast Corp Class A	$11,498,000	+17.8%	248,572	-0.7%	1.87%	+12.3%
HON	Sell	Honeywell Inc.	$11,333,000	+8.5%	68,852	-4.7%	1.84%	+3.4%
MRK	Sell	Merck & Co.	$11,323,000	+5.6%	136,513	-1.6%	1.84%	+0.6%
SJM	New	J.M. Smucker Co.	$11,214,000	–	97,076	–	1.82%	–
LMT	Sell	Lockheed Martin Corp.	$11,154,000	+3.8%	29,102	-1.1%	1.81%	-1.0%
VZ	Sell	Verizon Communications	$11,027,000	+7.3%	185,368	-0.5%	1.79%	+2.3%
MDT	Sell	Medtronic PLC	$10,859,000	+11.1%	104,499	-2.0%	1.76%	+5.9%
BAX	Sell	Baxter International Inc.	$10,429,000	-7.8%	129,693	-1.3%	1.69%	-12.1%
ORLY	Buy	O'Reilly Automotive Inc.	$10,418,000	+29.9%	22,596	+18.8%	1.69%	+23.8%
INTC	Buy	Intel Corp.	$10,275,000	-12.6%	198,439	+1.0%	1.67%	-16.7%
SHW	Sell	Sherwin-Williams Co.	$10,222,000	+14.2%	14,671	-5.3%	1.66%	+8.8%
TSN	Buy	Tyson Foods, Inc.	$10,210,000	+0.7%	171,657	+1.1%	1.66%	-4.0%
ALL	Sell	Allstate	$9,997,000	-7.1%	106,202	-4.3%	1.62%	-11.5%
CSCO	Buy	Cisco Systems	$9,812,000	-9.4%	249,119	+7.3%	1.59%	-13.6%
AKAM	New	Akamai Technologies	$9,694,000	–	87,704	–	1.58%	–
JPM	Sell	J. P. Morgan	$9,652,000	-3.7%	100,260	-6.0%	1.57%	-8.3%
ETN	Buy	Eaton Corp.	$9,640,000	+27.1%	94,484	+9.0%	1.57%	+21.2%
BMY	Buy	Bristol Myers Squibb	$9,420,000	+2.8%	156,259	+0.3%	1.53%	-2.0%
CERN	Sell	Cerner Corp.	$9,211,000	+3.3%	127,421	-2.0%	1.50%	-1.5%
JBL	Buy	Jabil Circuit, Inc.	$8,799,000	+14.8%	256,830	+7.5%	1.43%	+9.4%
CVS	Sell	CVS Health Corp	$8,677,000	-10.6%	148,582	-0.5%	1.41%	-14.8%
GILD	Sell	Gilead Sciences Inc.	$8,575,000	-19.5%	135,715	-2.0%	1.39%	-23.3%
BAC	Sell	Bank Of America Corp	$8,534,000	-1.3%	354,276	-2.7%	1.39%	-6.0%
ADP	Buy	Automatic Data Proc	$8,300,000	+1.8%	59,504	+8.6%	1.35%	-3.0%
PNC	Sell	PNC Financial Services Group	$8,087,000	-3.4%	73,587	-7.5%	1.31%	-7.9%
MMM	New	3M Company	$7,328,000	–	45,749	–	1.19%	–
BKNG	Buy	Booking Holdings Inc.	$6,866,000	+9.0%	4,014	+1.5%	1.12%	+3.8%
ABBV	New	AbbVie Inc.	$6,571,000	–	75,029	–	1.07%	–
IP	Sell	International Paper	$6,570,000	+14.7%	162,083	-0.3%	1.07%	+9.3%
COF	Sell	Capital One Financial	$6,374,000	-11.6%	88,705	-23.0%	1.04%	-15.8%
CB	Sell	Chubb Limited	$6,320,000	-29.1%	54,432	-22.7%	1.03%	-32.4%
EVR	Sell	Evercore Inc.	$6,154,000	-16.8%	94,021	-25.1%	1.00%	-20.6%
CVX	Buy	Chevron Corp	$4,690,000	-17.1%	65,141	+2.8%	0.76%	-21.0%
PSX	Buy	Phillips 66	$4,487,000	-15.6%	86,564	+17.0%	0.73%	-19.5%
LLY	Sell	Eli Lilly & Co	$1,407,000	-11.2%	9,506	-1.5%	0.23%	-15.2%
LOW	Sell	Lowe's Companies Inc.	$485,000	+12.5%	2,930	-8.2%	0.08%	+8.2%
TFCPRF	New	Truist Financial Corppfd	$301,000	–	12,000	–	0.05%	–
GD	Sell	General Dynamics	$292,000	-97.1%	2,110	-96.8%	0.05%	-97.2%
BP	Sell	BP PLC ADR	$274,000	-93.7%	15,705	-91.6%	0.04%	-93.9%
LMIBL	New	Legg Mason Inc (pfd)pfd	$255,000	–	10,000	–	0.04%	–
	Buy	WF Intermed Tax/Amt Fr Ammf	$127,000	+0.8%	10,833	+0.5%	0.02%	0.0%
SPY	Exit	Standard & Poors Depository Re	$0	–	-665	–	-0.04%	–
JCOM	Exit	J2 Global Inc.	$0	–	-102,364	–	-1.10%	–

Q2 2020

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$25,404,000	–	69,638	–	4.33%	–
AMZN	New	Amazon.Com Inc.	$23,673,000	–	8,581	–	4.04%	–
MSFT	New	Microsoft Corp.	$20,246,000	–	99,488	–	3.45%	–
GOOGL	New	Alphabet Inc. Class A	$19,248,000	–	13,574	–	3.28%	–
LRCX	New	Lam Research	$15,967,000	–	49,365	–	2.72%	–
V	New	Visa Inc.	$14,607,000	–	75,617	–	2.49%	–
HD	New	Home Depot Inc.	$13,197,000	–	52,683	–	2.25%	–
FISV	New	Fiserv Inc.	$12,759,000	–	130,707	–	2.18%	–
ZBRA	New	Zebra Technologies Corp	$12,743,000	–	49,789	–	2.17%	–
DLR	New	Digital Realty Trust Inc.	$12,651,000	–	89,029	–	2.16%	–
TMO	New	Thermo Fisher Scientific	$12,608,000	–	34,797	–	2.15%	–
PG	New	Procter & Gamble	$11,977,000	–	100,170	–	2.04%	–
FB	New	Facebook Inc.	$11,807,000	–	51,998	–	2.01%	–
INTC	New	Intel Corp.	$11,757,000	–	196,521	–	2.00%	–
PEP	New	Pepsico Inc.	$11,514,000	–	87,061	–	1.96%	–
UNH	New	UnitedHealth Group Inc.	$11,475,000	–	38,906	–	1.96%	–
MDU	New	MDU Resources Group	$11,449,000	–	516,221	–	1.95%	–
BAX	New	Baxter International Inc.	$11,312,000	–	131,383	–	1.93%	–
DIS	New	Walt Disney Co.	$10,861,000	–	97,405	–	1.85%	–
CSCO	New	Cisco Systems	$10,825,000	–	232,101	–	1.84%	–
ALL	New	Allstate	$10,763,000	–	110,972	–	1.84%	–
LMT	New	Lockheed Martin Corp.	$10,742,000	–	29,436	–	1.83%	–
MRK	New	Merck & Co.	$10,725,000	–	138,695	–	1.83%	–
GILD	New	Gilead Sciences Inc.	$10,650,000	–	138,426	–	1.82%	–
WMT	New	Wal Mart Stores	$10,548,000	–	88,068	–	1.80%	–
CAT	New	Caterpillar Inc Del	$10,547,000	–	83,382	–	1.80%	–
HON	New	Honeywell Inc.	$10,444,000	–	72,234	–	1.78%	–
TJX	New	TJX Cos. Inc.	$10,406,000	–	205,832	–	1.77%	–
VZ	New	Verizon Communications	$10,274,000	–	186,374	–	1.75%	–
TSN	New	Tyson Foods, Inc.	$10,141,000	–	169,839	–	1.73%	–
JPM	New	J. P. Morgan	$10,028,000	–	106,621	–	1.71%	–
GD	New	General Dynamics	$9,957,000	–	66,621	–	1.70%	–
MDT	New	Medtronic PLC	$9,777,000	–	106,626	–	1.67%	–
CMCSA	New	Comcast Corp Class A	$9,762,000	–	250,448	–	1.66%	–
CVS	New	CVS Health Corp	$9,703,000	–	149,354	–	1.65%	–
ADBE	New	Adobe Systems	$9,406,000	–	21,608	–	1.60%	–
BMY	New	Bristol Myers Squibb	$9,164,000	–	155,852	–	1.56%	–
SHW	New	Sherwin-Williams Co.	$8,952,000	–	15,492	–	1.53%	–
CB	New	Chubb Limited	$8,918,000	–	70,437	–	1.52%	–
CERN	New	Cerner Corp.	$8,914,000	–	130,049	–	1.52%	–
BAC	New	Bank Of America Corp	$8,645,000	–	364,014	–	1.47%	–
PNC	New	PNC Financial Services Group	$8,371,000	–	79,570	–	1.43%	–
ADP	New	Automatic Data Proc	$8,155,000	–	54,772	–	1.39%	–
ORLY	New	O'Reilly Automotive Inc.	$8,018,000	–	19,017	–	1.37%	–
JBL	New	Jabil Circuit, Inc.	$7,663,000	–	238,887	–	1.31%	–
ETN	New	Eaton Corp.	$7,583,000	–	86,693	–	1.29%	–
EVR	New	Evercore Inc.	$7,394,000	–	125,503	–	1.26%	–
COF	New	Capital One Financial	$7,208,000	–	115,175	–	1.23%	–
JCOM	New	J2 Global Inc.	$6,470,000	–	102,364	–	1.10%	–
BKNG	New	Booking Holdings Inc.	$6,299,000	–	3,956	–	1.07%	–
IP	New	International Paper	$5,726,000	–	162,624	–	0.98%	–
CVX	New	Chevron Corp	$5,655,000	–	63,380	–	0.96%	–
PSX	New	Phillips 66	$5,317,000	–	73,957	–	0.91%	–
BP	New	BP PLC ADR	$4,338,000	–	186,042	–	0.74%	–
LLY	New	Eli Lilly & Co	$1,584,000	–	9,650	–	0.27%	–
HUM	New	Humana Inc.	$511,000	–	1,318	–	0.09%	–
LOW	New	Lowe's Companies Inc.	$431,000	–	3,190	–	0.07%	–
TBC	New	AT&T Pfdpfd	$318,000	–	12,000	–	0.05%	–
PSAPRJ	New	Public Storage Pfdpfd	$301,000	–	12,000	–	0.05%	–
AMGN	New	Amgen	$240,000	–	1,020	–	0.04%	–
IWO	New	Ishares Trust GR Index Fund	$237,000	–	1,148	–	0.04%	–
SPY	New	Standard & Poors Depository Re	$205,000	–	665	–	0.04%	–
	New	WF Intermed Tax/Amt Fr Ammf	$126,000	–	10,776	–	0.02%	–

Q4 2019

			Value		Shares		↓ Weighting
SPY	Exit	Standard & Poors Depository Re	$0	–	-714	–	-0.04%	–
ABBV	Exit	AbbVie Inc.	$0	–	-2,832	–	-0.04%	–
IWO	Exit	Ishares Trust GR Index Fund	$0	–	-1,148	–	-0.04%	–
MMM	Exit	3M Company	$0	–	-1,344	–	-0.04%	–
BRKB	Exit	Berkshire Hathaway Inc. Cl B	$0	–	-1,215	–	-0.04%	–
FDX	Exit	FedEx Corp	$0	–	-2,014	–	-0.05%	–
BBTPRF	Exit	BB&Tpfd	$0	–	-12,000	–	-0.05%	–
SWJCL	Exit	Stanley Black & Deckerpfd	$0	–	-12,000	–	-0.05%	–
AMGN	Exit	Amgen	$0	–	-1,639	–	-0.05%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-3,981	–	-0.07%	–
WDC	Exit	Western Digital Corp.	$0	–	-11,305	–	-0.11%	–
HUM	Exit	Humana Inc.	$0	–	-3,550	–	-0.15%	–
LLY	Exit	Eli Lilly & Co	$0	–	-13,365	–	-0.24%	–
CNP	Exit	Centerpoint Energy	$0	–	-92,540	–	-0.46%	–
IP	Exit	International Paper	$0	–	-166,094	–	-1.14%	–
COP	Exit	ConocoPhillips	$0	–	-143,143	–	-1.34%	–
ADP	Exit	Automatic Data Proc	$0	–	-51,648	–	-1.37%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-133,342	–	-1.39%	–
PFE	Exit	Pfizer Inc.	$0	–	-235,613	–	-1.39%	–
BP	Exit	BP PLC ADR	$0	–	-231,073	–	-1.44%	–
PSX	Exit	Phillips 66	$0	–	-86,013	–	-1.45%	–
EVR	Exit	Evercore Inc.	$0	–	-110,290	–	-1.45%	–
CVS	Exit	CVS Health Corp	$0	–	-140,711	–	-1.46%	–
RCL	Exit	Royal Caribbean Cruises	$0	–	-82,393	–	-1.46%	–
JCOM	Exit	J2 Global Inc.	$0	–	-98,426	–	-1.47%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-41,787	–	-1.49%	–
CVX	Exit	Chevron Corp	$0	–	-77,671	–	-1.51%	–
CERN	Exit	Cerner Corp.	$0	–	-135,403	–	-1.52%	–
SHW	Exit	Sherwin-Williams Co.	$0	–	-16,902	–	-1.53%	–
BAC	Exit	Bank Of America Corp	$0	–	-330,406	–	-1.58%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-79,501	–	-1.65%	–
MDU	Exit	MDU Resources Group	$0	–	-356,336	–	-1.65%	–
ZBRA	Exit	Zebra Technologies Corp	$0	–	-49,248	–	-1.67%	–
TECD	Exit	Tech Data Corp.	$0	–	-98,648	–	-1.69%	–
INTC	Exit	Intel Corp.	$0	–	-201,734	–	-1.71%	–
BA	Exit	Boeing Co.	$0	–	-27,725	–	-1.73%	–
HON	Exit	Honeywell Inc.	$0	–	-63,166	–	-1.76%	–
BKNG	Exit	Booking Holdings Inc.	$0	–	-5,456	–	-1.76%	–
PNC	Exit	PNC Financial Services Group	$0	–	-78,489	–	-1.81%	–
VZ	Exit	Verizon Communications	$0	–	-184,202	–	-1.82%	–
CB	Exit	Chubb Limited	$0	–	-70,033	–	-1.86%	–
CMCSA	Exit	Comcast Corp Class A	$0	–	-252,969	–	-1.87%	–
GD	Exit	General Dynamics	$0	–	-62,649	–	-1.88%	–
LMT	Exit	Lockheed Martin Corp.	$0	–	-29,716	–	-1.90%	–
CSCO	Exit	Cisco Systems	$0	–	-235,674	–	-1.91%	–
TMO	Exit	Thermo Fisher Scientific	$0	–	-40,230	–	-1.92%	–
USB	Exit	U.S. Bancorp	$0	–	-212,252	–	-1.93%	–
DLR	Exit	Digital Realty Trust Inc.	$0	–	-93,730	–	-2.00%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-220,981	–	-2.02%	–
ALL	Exit	Allstate	$0	–	-114,652	–	-2.05%	–
MRK	Exit	Merck & Co.	$0	–	-152,271	–	-2.10%	–
DIS	Exit	Walt Disney Co.	$0	–	-99,182	–	-2.12%	–
BAX	Exit	Baxter International Inc.	$0	–	-149,130	–	-2.14%	–
JPM	Exit	J. P. Morgan	$0	–	-110,867	–	-2.14%	–
HD	Exit	Home Depot Inc.	$0	–	-58,219	–	-2.22%	–
V	Exit	Visa Inc.	$0	–	-79,915	–	-2.26%	–
MDT	Exit	Medtronic PLC	$0	–	-128,855	–	-2.30%	–
PEP	Exit	Pepsico Inc.	$0	–	-104,958	–	-2.36%	–
FISV	Exit	Fiserv Inc.	$0	–	-142,250	–	-2.42%	–
LRCX	Exit	Lam Research	$0	–	-64,854	–	-2.46%	–
PG	Exit	Procter & Gamble	$0	–	-123,388	–	-2.52%	–
MSFT	Exit	Microsoft Corp.	$0	–	-111,699	–	-2.55%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-180,590	–	-2.55%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-13,958	–	-2.80%	–
AMZN	Exit	Amazon.Com Inc.	$0	–	-9,895	–	-2.82%	–
AAPL	Exit	Apple Inc.	$0	–	-88,739	–	-3.26%	–

Q3 2019

			Value		Shares		↓ Weighting
AAPL	Sell	Apple Inc.	$19,874,000	+11.0%	88,739	-1.9%	3.26%	+8.3%
AMZN	Sell	Amazon.Com Inc.	$17,176,000	-10.7%	9,895	-2.5%	2.82%	-12.8%
GOOGL	Sell	Alphabet Inc. Class A	$17,044,000	+11.4%	13,958	-1.2%	2.80%	+8.7%
TSN	Sell	Tyson Foods, Inc.	$15,556,000	+3.5%	180,590	-3.0%	2.55%	+1.0%
MSFT	Sell	Microsoft Corp.	$15,529,000	+1.2%	111,699	-2.5%	2.55%	-1.3%
PG	Buy	Procter & Gamble	$15,347,000	+14.7%	123,388	+1.1%	2.52%	+12.0%
LRCX	Sell	Lam Research	$14,988,000	+16.1%	64,854	-5.7%	2.46%	+13.3%
FISV	Sell	Fiserv Inc.	$14,735,000	+9.6%	142,250	-3.6%	2.42%	+6.9%
PEP	Sell	Pepsico Inc.	$14,389,000	+2.1%	104,958	-2.4%	2.36%	-0.4%
MDT	Sell	Medtronic PLC	$13,996,000	+9.1%	128,855	-2.2%	2.30%	+6.5%
V	Sell	Visa Inc.	$13,746,000	-4.7%	79,915	-3.9%	2.26%	-7.0%
HD	Sell	Home Depot Inc.	$13,508,000	+9.7%	58,219	-1.6%	2.22%	+7.1%
JPM	Sell	J. P. Morgan	$13,048,000	+4.5%	110,867	-0.7%	2.14%	+2.0%
BAX	Sell	Baxter International Inc.	$13,044,000	+5.1%	149,130	-1.6%	2.14%	+2.6%
DIS	Sell	Walt Disney Co.	$12,925,000	-8.2%	99,182	-1.6%	2.12%	-10.4%
MRK	Sell	Merck & Co.	$12,818,000	-3.7%	152,271	-4.1%	2.10%	-6.0%
ALL	Sell	Allstate	$12,460,000	+6.9%	114,652	-0.0%	2.05%	+4.3%
TJX	Buy	TJX Cos. Inc.	$12,317,000	+5.8%	220,981	+0.3%	2.02%	+3.2%
DLR	Buy	Digital Realty Trust Inc.	$12,167,000	+13.5%	93,730	+2.9%	2.00%	+10.7%
USB	Sell	U.S. Bancorp	$11,746,000	+5.0%	212,252	-0.6%	1.93%	+2.5%
TMO	Buy	Thermo Fisher Scientific	$11,717,000	+2.1%	40,230	+3.0%	1.92%	-0.3%
CSCO	Sell	Cisco Systems	$11,644,000	-15.1%	235,674	-6.0%	1.91%	-17.2%
LMT	Sell	Lockheed Martin Corp.	$11,591,000	+6.7%	29,716	-0.6%	1.90%	+4.2%
GD	Buy	General Dynamics	$11,447,000	+0.5%	62,649	+0.0%	1.88%	-1.9%
CMCSA	Buy	Comcast Corp Class A	$11,403,000	+8.3%	252,969	+1.6%	1.87%	+5.8%
CB	Buy	Chubb Limited	$11,306,000	+10.8%	70,033	+1.1%	1.86%	+8.2%
VZ	Buy	Verizon Communications	$11,118,000	+10.9%	184,202	+4.9%	1.82%	+8.2%
PNC	Sell	PNC Financial Services Group	$11,001,000	+2.0%	78,489	-0.1%	1.81%	-0.4%
BKNG	Buy	Booking Holdings Inc.	$10,708,000	+9.6%	5,456	+4.7%	1.76%	+7.0%
HON	Buy	Honeywell Inc.	$10,687,000	-0.6%	63,166	+2.5%	1.76%	-3.0%
BA	Buy	Boeing Co.	$10,548,000	+7.8%	27,725	+3.1%	1.73%	+5.3%
INTC	Sell	Intel Corp.	$10,395,000	-2.8%	201,734	-9.7%	1.71%	-5.1%
TECD	Buy	Tech Data Corp.	$10,283,000	+3.2%	98,648	+3.6%	1.69%	+0.7%
ZBRA	Buy	Zebra Technologies Corp	$10,163,000	+4.4%	49,248	+6.0%	1.67%	+1.9%
MDU	New	MDU Resources Group	$10,045,000	–	356,336	–	1.65%	–
CAT	Sell	Caterpillar Inc Del	$10,041,000	-7.9%	79,501	-0.6%	1.65%	-10.1%
BAC	Buy	Bank Of America Corp	$9,637,000	+2.3%	330,406	+1.8%	1.58%	-0.1%
SHW	Buy	Sherwin-Williams Co.	$9,293,000	+22.5%	16,902	+2.1%	1.53%	+19.6%
CERN	Buy	Cerner Corp.	$9,230,000	+0.1%	135,403	+7.6%	1.52%	-2.3%
CVX	Buy	Chevron Corp	$9,211,000	-3.1%	77,671	+1.6%	1.51%	-5.4%
UNH	Sell	UnitedHealth Group Inc.	$9,081,000	-11.4%	41,787	-0.5%	1.49%	-13.5%
JCOM	Buy	J2 Global Inc.	$8,939,000	+12.9%	98,426	+10.5%	1.47%	+10.2%
RCL	Sell	Royal Caribbean Cruises	$8,925,000	-12.0%	82,393	-1.6%	1.46%	-14.1%
CVS	Buy	CVS Health Corp	$8,874,000	+25.6%	140,711	+8.6%	1.46%	+22.6%
EVR	Buy	Evercore Inc.	$8,834,000	-5.9%	110,290	+4.0%	1.45%	-8.2%
PSX	Buy	Phillips 66	$8,807,000	+15.4%	86,013	+5.4%	1.45%	+12.6%
BP	Buy	BP PLC ADR	$8,778,000	-2.3%	231,073	+7.3%	1.44%	-4.6%
PFE	Buy	Pfizer Inc.	$8,465,000	-15.6%	235,613	+1.8%	1.39%	-17.6%
GILD	New	Gilead Sciences Inc.	$8,451,000	–	133,342	–	1.39%	–
ADP	New	Automatic Data Proc	$8,337,000	–	51,648	–	1.37%	–
COP	Buy	ConocoPhillips	$8,156,000	+1.0%	143,143	+8.1%	1.34%	-1.4%
IP	Sell	International Paper	$6,946,000	-3.7%	166,094	-0.3%	1.14%	-6.0%
CNP	Sell	Centerpoint Energy	$2,792,000	-73.8%	92,540	-75.1%	0.46%	-74.4%
LLY	Sell	Eli Lilly & Co	$1,494,000	-87.0%	13,365	-87.1%	0.24%	-87.4%
HUM	Sell	Humana Inc.	$907,000	-38.6%	3,550	-36.2%	0.15%	-39.9%
WDC	Sell	Western Digital Corp.	$674,000	-16.9%	11,305	-33.8%	0.11%	-18.4%
LOW	Sell	Lowe's Companies Inc.	$437,000	+7.4%	3,981	-1.5%	0.07%	+5.9%
AMGN	Sell	Amgen	$317,000	-8.6%	1,639	-13.1%	0.05%	-10.3%
FDX	Sell	FedEx Corp	$293,000	-44.7%	2,014	-37.7%	0.05%	-46.1%
BRKB	Sell	Berkshire Hathaway Inc. Cl B	$252,000	-57.9%	1,215	-56.8%	0.04%	-59.4%
SPY	Buy	Standard & Poors Depository Re	$211,000	+2.4%	714	+1.3%	0.04%	0.0%
ABBV	Sell	AbbVie Inc.	$214,000	-21.9%	2,832	-24.9%	0.04%	-23.9%
XOM	Exit	Exxon Mobil Corp.	$0	–	-2,896	–	-0.04%	–
NVR	Exit	NVR Inc.	$0	–	-68	–	-0.04%	–
TXT	Exit	Textron Inc.	$0	–	-4,800	–	-0.04%	–
HFC	Exit	HollyFrontier Corp.	$0	–	-7,920	–	-0.06%	–
MRO	Exit	Marathon Oil Group	$0	–	-27,001	–	-0.06%	–
SCSC	Exit	Scansource Inc.	$0	–	-15,150	–	-0.08%	–
NTAP	Exit	NetApp Inc.	$0	–	-129,889	–	-1.35%	–

Q2 2019

			Value		Shares		↓ Weighting
AMZN	New	Amazon.Com Inc.	$19,224,000	–	10,152	–	3.23%	–
AAPL	New	Apple Inc.	$17,908,000	–	90,484	–	3.01%	–
MSFT	New	Microsoft Corp.	$15,352,000	–	114,607	–	2.58%	–
GOOGL	New	Alphabet Inc. Class A	$15,304,000	–	14,134	–	2.57%	–
TSN	New	Tyson Foods, Inc.	$15,037,000	–	186,244	–	2.53%	–
V	New	Visa Inc.	$14,430,000	–	83,150	–	2.43%	–
PEP	New	Pepsico Inc.	$14,096,000	–	107,502	–	2.37%	–
DIS	New	Walt Disney Co.	$14,073,000	–	100,787	–	2.37%	–
CSCO	New	Cisco Systems	$13,723,000	–	250,746	–	2.31%	–
FISV	New	Fiserv Inc.	$13,450,000	–	147,551	–	2.26%	–
PG	New	Procter & Gamble	$13,379,000	–	122,021	–	2.25%	–
MRK	New	Merck & Co.	$13,311,000	–	158,756	–	2.24%	–
LRCX	New	Lam Research	$12,913,000	–	68,746	–	2.17%	–
MDT	New	Medtronic PLC	$12,830,000	–	131,746	–	2.16%	–
JPM	New	J. P. Morgan	$12,484,000	–	111,667	–	2.10%	–
BAX	New	Baxter International Inc.	$12,408,000	–	151,508	–	2.09%	–
HD	New	Home Depot Inc.	$12,310,000	–	59,192	–	2.07%	–
ALL	New	Allstate	$11,659,000	–	114,659	–	1.96%	–
TJX	New	TJX Cos. Inc.	$11,646,000	–	220,234	–	1.96%	–
LLY	New	Eli Lilly & Co	$11,516,000	–	103,947	–	1.94%	–
TMO	New	Thermo Fisher Scientific	$11,474,000	–	39,071	–	1.93%	–
GD	New	General Dynamics	$11,385,000	–	62,622	–	1.92%	–
USB	New	U.S. Bancorp	$11,186,000	–	213,480	–	1.88%	–
CAT	New	Caterpillar Inc Del	$10,898,000	–	79,969	–	1.83%	–
LMT	New	Lockheed Martin Corp.	$10,864,000	–	29,884	–	1.83%	–
PNC	New	PNC Financial Services Group	$10,787,000	–	78,582	–	1.81%	–
HON	New	Honeywell Inc.	$10,756,000	–	61,607	–	1.81%	–
DLR	New	Digital Realty Trust Inc.	$10,724,000	–	91,051	–	1.80%	–
INTC	New	Intel Corp.	$10,697,000	–	223,464	–	1.80%	–
CNP	New	Centerpoint Energy	$10,656,000	–	372,225	–	1.79%	–
CMCSA	New	Comcast Corp Class A	$10,525,000	–	248,950	–	1.77%	–
UNH	New	UnitedHealth Group Inc.	$10,250,000	–	42,010	–	1.72%	–
CB	New	Chubb Limited	$10,204,000	–	69,283	–	1.72%	–
RCL	New	Royal Caribbean Cruises	$10,145,000	–	83,698	–	1.71%	–
VZ	New	Verizon Communications	$10,029,000	–	175,548	–	1.69%	–
PFE	New	Pfizer Inc.	$10,028,000	–	231,495	–	1.69%	–
TECD	New	Tech Data Corp.	$9,964,000	–	95,260	–	1.68%	–
BA	New	Boeing Co.	$9,784,000	–	26,879	–	1.64%	–
BKNG	New	Booking Holdings Inc.	$9,769,000	–	5,211	–	1.64%	–
ZBRA	New	Zebra Technologies Corp	$9,732,000	–	46,458	–	1.64%	–
CVX	New	Chevron Corp	$9,509,000	–	76,419	–	1.60%	–
BAC	New	Bank Of America Corp	$9,416,000	–	324,703	–	1.58%	–
EVR	New	Evercore Inc.	$9,390,000	–	106,019	–	1.58%	–
CERN	New	Cerner Corp.	$9,225,000	–	125,863	–	1.55%	–
BP	New	BP PLC ADR	$8,981,000	–	215,387	–	1.51%	–
COP	New	ConocoPhillips	$8,076,000	–	132,399	–	1.36%	–
NTAP	New	NetApp Inc.	$8,014,000	–	129,889	–	1.35%	–
JCOM	New	J2 Global Inc.	$7,918,000	–	89,081	–	1.33%	–
PSX	New	Phillips 66	$7,635,000	–	81,623	–	1.28%	–
SHW	New	Sherwin-Williams Co.	$7,587,000	–	16,557	–	1.28%	–
IP	New	International Paper	$7,213,000	–	166,520	–	1.21%	–
CVS	New	CVS Health Corp	$7,063,000	–	129,625	–	1.19%	–
HUM	New	Humana Inc.	$1,476,000	–	5,565	–	0.25%	–
WDC	New	Western Digital Corp.	$811,000	–	17,075	–	0.14%	–
BRKB	New	Berkshire Hathaway Inc. Cl B	$599,000	–	2,810	–	0.10%	–
FDX	New	FedEx Corp	$530,000	–	3,232	–	0.09%	–
SCSC	New	Scansource Inc.	$493,000	–	15,150	–	0.08%	–
LOW	New	Lowe's Companies Inc.	$407,000	–	4,040	–	0.07%	–
MRO	New	Marathon Oil Group	$383,000	–	27,001	–	0.06%	–
HFC	New	HollyFrontier Corp.	$366,000	–	7,920	–	0.06%	–
AMGN	New	Amgen	$347,000	–	1,885	–	0.06%	–
SWJCL	New	Stanley Black & Deckerpfd	$304,000	–	12,000	–	0.05%	–
BBTPRF	New	BB&Tpfd	$297,000	–	12,000	–	0.05%	–
ABBV	New	AbbVie Inc.	$274,000	–	3,772	–	0.05%	–
TXT	New	Textron Inc.	$254,000	–	4,800	–	0.04%	–
MMM	New	3M Company	$232,000	–	1,344	–	0.04%	–
NVR	New	NVR Inc.	$229,000	–	68	–	0.04%	–
IWO	New	Ishares Trust GR Index Fund	$230,000	–	1,148	–	0.04%	–
XOM	New	Exxon Mobil Corp.	$221,000	–	2,896	–	0.04%	–
SPY	New	Standard & Poors Depository Re	$206,000	–	705	–	0.04%	–

Q4 2018

			Value		Shares		↓ Weighting
PTY	Exit	Pimco Corp & Income Fd	$0	–	-10,500	–	-0.03%	–
	Exit	Oppenheimer Global Vl Fdmmf	$0	–	-3,667	–	-0.04%	–
SPY	Exit	Standard & Poors Depository Re	$0	–	-706	–	-0.04%	–
VLO	Exit	Valero Energy Corp.	$0	–	-1,950	–	-0.04%	–
	Exit	Nuveen Large Cap Growth-Immf	$0	–	-7,477	–	-0.04%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-3,695	–	-0.04%	–
AJG	Exit	Arthur J. Gallagher & Co.	$0	–	-3,300	–	-0.04%	–
IWO	Exit	Ishares Trust GR Index Fund	$0	–	-1,148	–	-0.04%	–
	Exit	Franklin Dynatech Fd Cl Ammf	$0	–	-2,983	–	-0.05%	–
VZ	Exit	Verizon Communications	$0	–	-5,036	–	-0.05%	–
BBTPRF	Exit	BB&Tpfd	$0	–	-12,000	–	-0.05%	–
SWJCL	Exit	Stanley Black & Deckerpfd	$0	–	-12,000	–	-0.06%	–
DAL	Exit	Delta Air Lines	$0	–	-5,750	–	-0.06%	–
JNJ	Exit	Johnson & Johnson	$0	–	-2,518	–	-0.06%	–
PDT	Exit	John Hancock Prm. Div Fd	$0	–	-22,000	–	-0.07%	–
HST	Exit	Host Hotels and Resorts	$0	–	-17,660	–	-0.07%	–
BBT	Exit	BB&T Corporation	$0	–	-7,902	–	-0.07%	–
XOM	Exit	Exxon Mobil Corp.	$0	–	-5,991	–	-0.09%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-4,562	–	-0.10%	–
CELG	Exit	Celgene	$0	–	-5,875	–	-0.10%	–
	Exit	T.Rowe Price Dvd Grthmmf	$0	–	-11,952	–	-0.10%	–
AMD	Exit	Advanced Micro Devices Com	$0	–	-20,000	–	-0.11%	–
VEA	Exit	Vanguard Tax-Managed	$0	–	-15,425	–	-0.12%	–
	Exit	T.Rowe Price Div Mid Capmmf	$0	–	-20,396	–	-0.12%	–
DXC	Exit	DXC Technology Company	$0	–	-7,660	–	-0.13%	–
GOOG	Exit	Alphabet Class-C Share	$0	–	-729	–	-0.16%	–
GS	Exit	Goldman Sachs Group	$0	–	-4,011	–	-0.17%	–
	Exit	T.Rowe Price Intl Fdmmf	$0	–	-13,036	–	-0.17%	–
IVV	Exit	IShares Tr Funds S & P Index F	$0	–	-3,379	–	-0.18%	–
EXC	Exit	Exelon Corp	$0	–	-33,160	–	-0.27%	–
HAL	Exit	Halliburton Co.	$0	–	-36,005	–	-0.27%	–
DWDP	Exit	DowDuPont	$0	–	-32,728	–	-0.39%	–
CA	Exit	CA Inc.	$0	–	-51,365	–	-0.42%	–
MMM	Exit	3M Company	$0	–	-10,834	–	-0.42%	–
SWKS	Exit	Skyworks Solutions Inc.	$0	–	-25,270	–	-0.42%	–
ABBV	Exit	AbbVie Inc.	$0	–	-31,799	–	-0.55%	–
SCSC	Exit	Scansource Inc.	$0	–	-77,986	–	-0.57%	–
DLR	Exit	Digital Realty Trust Inc.	$0	–	-33,029	–	-0.68%	–
HFC	Exit	HollyFrontier Corp.	$0	–	-65,270	–	-0.84%	–
SLB	Exit	Schlumberger Limited	$0	–	-75,013	–	-0.84%	–
T	Exit	AT&T Corp.	$0	–	-151,372	–	-0.94%	–
PSX	Exit	Phillips 66	$0	–	-45,516	–	-0.95%	–
JCOM	Exit	J2 Global Inc.	$0	–	-63,797	–	-0.97%	–
CC	Exit	Chemours Co.	$0	–	-136,810	–	-1.00%	–
PG	Exit	Procter & Gamble	$0	–	-66,594	–	-1.02%	–
CNP	Exit	Centerpoint Energy	$0	–	-218,427	–	-1.11%	–
ATVI	Exit	Activision Blizzard Inc.	$0	–	-78,335	–	-1.20%	–
BP	Exit	BP PLC ADR	$0	–	-141,854	–	-1.21%	–
IP	Exit	International Paper	$0	–	-135,316	–	-1.23%	–
CVX	Exit	Chevron Corp	$0	–	-57,138	–	-1.29%	–
NVR	Exit	NVR Inc.	$0	–	-2,883	–	-1.31%	–
CVS	Exit	CVS Health Corp	$0	–	-95,862	–	-1.39%	–
MRO	Exit	Marathon Oil Group	$0	–	-357,721	–	-1.54%	–
BKNG	Exit	Booking Holdings Inc.	$0	–	-4,263	–	-1.56%	–
PEP	Exit	Pepsico Inc.	$0	–	-76,381	–	-1.57%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-146,984	–	-1.61%	–
PH	Exit	Parker Hannifin	$0	–	-47,687	–	-1.62%	–
WDC	Exit	Western Digital Corp.	$0	–	-151,487	–	-1.64%	–
FB	Exit	Facebook Inc.	$0	–	-54,022	–	-1.64%	–
BAC	Exit	Bank Of America Corp	$0	–	-314,457	–	-1.71%	–
PNC	Exit	PNC Financial Services Group	$0	–	-68,728	–	-1.73%	–
EVR	Exit	Evercore Inc.	$0	–	-95,425	–	-1.77%	–
USB	Exit	U.S. Bancorp	$0	–	-182,711	–	-1.78%	–
INTC	Exit	Intel Corp.	$0	–	-206,151	–	-1.80%	–
LRCX	Exit	Lam Research	$0	–	-65,143	–	-1.82%	–
DIS	Exit	Walt Disney Co.	$0	–	-86,998	–	-1.88%	–
ALL	Exit	Allstate	$0	–	-103,808	–	-1.89%	–
MRK	Exit	Merck & Co.	$0	–	-145,422	–	-1.90%	–
FDX	Exit	FedEx Corp	$0	–	-43,278	–	-1.92%	–
BRKB	Exit	Berkshire Hathaway Inc. Cl B	$0	–	-50,426	–	-1.99%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-71,055	–	-2.00%	–
GD	Exit	General Dynamics	$0	–	-53,081	–	-2.00%	–
JPM	Exit	J. P. Morgan	$0	–	-98,081	–	-2.04%	–
BAX	Exit	Baxter International Inc.	$0	–	-146,212	–	-2.08%	–
TXT	Exit	Textron Inc.	$0	–	-160,295	–	-2.11%	–
LLY	Exit	Eli Lilly & Co	$0	–	-107,459	–	-2.13%	–
AMGN	Exit	Amgen	$0	–	-56,783	–	-2.17%	–
MDT	Exit	Medtronic PLC	$0	–	-119,776	–	-2.17%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-107,679	–	-2.22%	–
HD	Exit	Home Depot Inc.	$0	–	-58,437	–	-2.23%	–
FISV	Exit	Fiserv Inc.	$0	–	-149,969	–	-2.28%	–
HUM	Exit	Humana Inc.	$0	–	-37,019	–	-2.31%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-47,417	–	-2.33%	–
CSCO	Exit	Cisco Systems	$0	–	-280,144	–	-2.51%	–
V	Exit	Visa Inc.	$0	–	-96,816	–	-2.68%	–
MSFT	Exit	Microsoft Corp.	$0	–	-127,910	–	-2.70%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-14,059	–	-3.13%	–
AAPL	Exit	Apple Inc.	$0	–	-93,842	–	-3.90%	–
AMZN	Exit	Amazon.Com Inc.	$0	–	-10,682	–	-3.94%	–

Q3 2018

			Value		Shares		↓ Weighting
AMZN	Sell	Amazon.Com Inc.	$21,396,000	+11.6%	10,682	-5.3%	3.94%	+8.0%
AAPL	Sell	Apple Inc.	$21,183,000	+17.1%	93,842	-4.0%	3.90%	+13.3%
GOOGL	Sell	Alphabet Inc. Class A	$16,970,000	+3.4%	14,059	-3.3%	3.13%	0.0%
MSFT	Sell	Microsoft Corp.	$14,629,000	+10.6%	127,910	-4.7%	2.70%	+7.0%
V	Sell	Visa Inc.	$14,531,000	+6.2%	96,816	-6.3%	2.68%	+2.7%
CSCO	Sell	Cisco Systems	$13,629,000	+11.7%	280,144	-1.2%	2.51%	+8.1%
UNH	Sell	UnitedHealth Group Inc.	$12,614,000	+6.4%	47,417	-1.9%	2.33%	+3.0%
HUM	Sell	Humana Inc.	$12,531,000	+7.6%	37,019	-5.4%	2.31%	+4.1%
FISV	Sell	Fiserv Inc.	$12,354,000	+8.6%	149,969	-2.3%	2.28%	+5.1%
HD	Sell	Home Depot Inc.	$12,105,000	+2.5%	58,437	-3.5%	2.23%	-0.8%
TJX	Sell	TJX Cos. Inc.	$12,062,000	+15.9%	107,679	-1.5%	2.22%	+12.2%
MDT	Sell	Medtronic PLC	$11,782,000	+13.5%	119,776	-1.2%	2.17%	+9.8%
AMGN	Sell	Amgen	$11,770,000	+10.0%	56,783	-2.0%	2.17%	+6.5%
LLY	Buy	Eli Lilly & Co	$11,531,000	+98.3%	107,459	+57.6%	2.13%	+91.9%
TXT	Sell	Textron Inc.	$11,456,000	+4.8%	160,295	-3.4%	2.11%	+1.4%
BAX	Sell	Baxter International Inc.	$11,271,000	+2.9%	146,212	-1.4%	2.08%	-0.4%
JPM	Sell	J. P. Morgan	$11,067,000	+4.5%	98,081	-3.5%	2.04%	+1.1%
GD	Sell	General Dynamics	$10,866,000	+8.4%	53,081	-1.3%	2.00%	+4.9%
CAT	Sell	Caterpillar Inc Del	$10,835,000	+10.8%	71,055	-1.5%	2.00%	+7.2%
BRKB	Sell	Berkshire Hathaway Inc. Cl B	$10,796,000	+11.1%	50,426	-3.2%	1.99%	+7.5%
FDX	Sell	FedEx Corp	$10,420,000	+4.1%	43,278	-1.9%	1.92%	+0.7%
MRK	Buy	Merck & Co.	$10,316,000	+78.2%	145,422	+52.5%	1.90%	+72.4%
ALL	Sell	Allstate	$10,245,000	+5.6%	103,808	-2.4%	1.89%	+2.2%
DIS	Sell	Walt Disney Co.	$10,173,000	+11.4%	86,998	-0.1%	1.88%	+7.8%
LRCX	Sell	Lam Research	$9,882,000	-12.8%	65,143	-0.6%	1.82%	-15.6%
INTC	Buy	Intel Corp.	$9,748,000	-3.6%	206,151	+1.4%	1.80%	-6.7%
USB	Sell	U.S. Bancorp	$9,648,000	+4.1%	182,711	-1.4%	1.78%	+0.7%
EVR	Sell	Evercore Inc.	$9,594,000	-10.3%	95,425	-5.9%	1.77%	-13.2%
PNC	Sell	PNC Financial Services Group	$9,360,000	-0.8%	68,728	-1.6%	1.73%	-4.0%
BAC	Sell	Bank Of America Corp	$9,263,000	+2.6%	314,457	-1.8%	1.71%	-0.6%
FB	Sell	Facebook Inc.	$8,884,000	-19.5%	54,022	-4.9%	1.64%	-22.1%
WDC	Buy	Western Digital Corp.	$8,868,000	-18.0%	151,487	+8.4%	1.64%	-20.7%
PH	Sell	Parker Hannifin	$8,771,000	+16.9%	47,687	-1.0%	1.62%	+13.1%
TSN	Sell	Tyson Foods, Inc.	$8,749,000	-15.9%	146,984	-2.8%	1.61%	-18.7%
PEP	Sell	Pepsico Inc.	$8,539,000	-2.2%	76,381	-4.7%	1.57%	-5.4%
BKNG	Sell	Booking Holdings Inc.	$8,457,000	-4.3%	4,263	-2.2%	1.56%	-7.4%
MRO	Sell	Marathon Oil Group	$8,327,000	+10.9%	357,721	-0.6%	1.54%	+7.3%
CVS	Sell	CVS Health Corp	$7,546,000	+20.9%	95,862	-1.2%	1.39%	+17.0%
NVR	Sell	NVR Inc.	$7,123,000	-20.2%	2,883	-4.1%	1.31%	-22.8%
CVX	Sell	Chevron Corp	$6,986,000	-5.4%	57,138	-2.2%	1.29%	-8.5%
IP	Sell	International Paper	$6,650,000	-7.2%	135,316	-1.7%	1.23%	-10.2%
BP	Buy	BP PLC ADR	$6,539,000	+4.8%	141,854	+3.8%	1.21%	+1.4%
ATVI	Sell	Activision Blizzard Inc.	$6,516,000	-37.7%	78,335	-42.9%	1.20%	-39.7%
CNP	Buy	Centerpoint Energy	$6,039,000	+19.9%	218,427	+20.1%	1.11%	+15.9%
PG	Sell	Procter & Gamble	$5,542,000	+3.1%	66,594	-3.3%	1.02%	-0.2%
CC	Buy	Chemours Co.	$5,395,000	-3.4%	136,810	+8.7%	1.00%	-6.5%
JCOM	New	J2 Global Inc.	$5,285,000	–	63,797	–	0.97%	–
PSX	Buy	Phillips 66	$5,130,000	+67.3%	45,516	+66.7%	0.95%	+62.0%
T	Buy	AT&T Corp.	$5,083,000	+13.2%	151,372	+8.2%	0.94%	+9.5%
SLB	Buy	Schlumberger Limited	$4,569,000	-2.0%	75,013	+7.9%	0.84%	-5.2%
HFC	Buy	HollyFrontier Corp.	$4,562,000	+51.3%	65,270	+48.1%	0.84%	+46.5%
DLR	Buy	Digital Realty Trust Inc.	$3,715,000	+1.3%	33,029	+0.4%	0.68%	-2.0%
SCSC	New	Scansource Inc.	$3,111,000	–	77,986	–	0.57%	–
ABBV	Sell	AbbVie Inc.	$3,007,000	-57.9%	31,799	-58.7%	0.55%	-59.3%
SWKS	Sell	Skyworks Solutions Inc.	$2,292,000	-60.0%	25,270	-57.4%	0.42%	-61.2%
MMM	Sell	3M Company	$2,282,000	-26.4%	10,834	-31.2%	0.42%	-28.6%
CA	New	CA Inc.	$2,267,000	–	51,365	–	0.42%	–
DWDP	Sell	DowDuPont	$2,104,000	-47.4%	32,728	-46.1%	0.39%	-49.1%
HAL	Sell	Halliburton Co.	$1,459,000	-64.9%	36,005	-61.0%	0.27%	-66.0%
EXC	Sell	Exelon Corp	$1,447,000	+2.4%	33,160	-0.1%	0.27%	-0.7%
CELG	Sell	Celgene	$525,000	+11.7%	5,875	-0.8%	0.10%	+7.8%
LOW	Sell	Lowe's Companies Inc.	$523,000	+14.4%	4,562	-4.7%	0.10%	+10.3%
XOM	Sell	Exxon Mobil Corp.	$509,000	-82.7%	5,991	-83.1%	0.09%	-83.2%
BBT	Sell	BB&T Corporation	$383,000	-4.0%	7,902	-0.2%	0.07%	-6.6%
HST	Sell	Host Hotels and Resorts	$372,000	-8.1%	17,660	-8.3%	0.07%	-10.4%
JNJ	Sell	Johnson & Johnson	$347,000	-90.9%	2,518	-92.0%	0.06%	-91.2%
VZ	Sell	Verizon Communications	$268,000	-30.7%	5,036	-34.7%	0.05%	-33.8%
AJG	Sell	Arthur J. Gallagher & Co.	$245,000	+12.4%	3,300	-1.5%	0.04%	+7.1%
	New	Nuveen Large Cap Growth-Immf	$229,000	–	7,477	–	0.04%	–
BMY	Sell	Bristol Myers Squibb	$229,000	-2.6%	3,695	-13.2%	0.04%	-6.7%
VLO	Sell	Valero Energy Corp.	$221,000	-4.7%	1,950	-7.1%	0.04%	-6.8%
SPY	New	Standard & Poors Depository Re	$205,000	–	706	–	0.04%	–
	New	Oppenheimer Global Vl Fdmmf	$203,000	–	3,667	–	0.04%	–
	Exit	Nuveen Symphony Large Cap Fdmmf	$0	–	-5,075	–	-0.04%	–
WFC	Exit	Wells Fargo & Co.	$0	–	-5,161	–	-0.05%	–
GLW	Exit	Corning Inc.	$0	–	-18,695	–	-0.10%	–
DUK	Exit	Duke Energy Corp.	$0	–	-13,419	–	-0.20%	–

Q2 2018

			Value		Shares		↓ Weighting
AMZN	New	Amazon.Com Inc.	$19,173,000	–	11,280	–	3.65%	–
AAPL	New	Apple Inc.	$18,097,000	–	97,766	–	3.45%	–
GOOGL	New	Alphabet Inc. Class A	$16,419,000	–	14,541	–	3.13%	–
V	New	Visa Inc.	$13,686,000	–	103,334	–	2.61%	–
MSFT	New	Microsoft Corp.	$13,229,000	–	134,160	–	2.52%	–
CSCO	New	Cisco Systems	$12,200,000	–	283,524	–	2.32%	–
UNH	New	UnitedHealth Group Inc.	$11,855,000	–	48,324	–	2.26%	–
HD	New	Home Depot Inc.	$11,811,000	–	60,543	–	2.25%	–
HUM	New	Humana Inc.	$11,648,000	–	39,139	–	2.22%	–
FISV	New	Fiserv Inc.	$11,375,000	–	153,537	–	2.17%	–
LRCX	New	Lam Research	$11,330,000	–	65,553	–	2.16%	–
FB	New	Facebook Inc.	$11,037,000	–	56,803	–	2.10%	–
BAX	New	Baxter International Inc.	$10,953,000	–	148,344	–	2.09%	–
TXT	New	Textron Inc.	$10,933,000	–	165,887	–	2.08%	–
WDC	New	Western Digital Corp.	$10,820,000	–	139,788	–	2.06%	–
EVR	New	Evercore Inc.	$10,698,000	–	101,455	–	2.04%	–
AMGN	New	Amgen	$10,697,000	–	57,951	–	2.04%	–
JPM	New	J. P. Morgan	$10,590,000	–	101,633	–	2.02%	–
ATVI	New	Activision Blizzard Inc.	$10,462,000	–	137,082	–	1.99%	–
TSN	New	Tyson Foods, Inc.	$10,407,000	–	151,162	–	1.98%	–
TJX	New	TJX Cos. Inc.	$10,406,000	–	109,332	–	1.98%	–
MDT	New	Medtronic PLC	$10,380,000	–	121,257	–	1.98%	–
INTC	New	Intel Corp.	$10,107,000	–	203,322	–	1.93%	–
GD	New	General Dynamics	$10,021,000	–	53,758	–	1.91%	–
FDX	New	FedEx Corp	$10,014,000	–	44,107	–	1.91%	–
CAT	New	Caterpillar Inc Del	$9,782,000	–	72,103	–	1.86%	–
BRKB	New	Berkshire Hathaway Inc. Cl B	$9,718,000	–	52,069	–	1.85%	–
ALL	New	Allstate	$9,704,000	–	106,323	–	1.85%	–
PNC	New	PNC Financial Services Group	$9,431,000	–	69,811	–	1.80%	–
USB	New	U.S. Bancorp	$9,268,000	–	185,298	–	1.77%	–
DIS	New	Walt Disney Co.	$9,131,000	–	87,120	–	1.74%	–
BAC	New	Bank Of America Corp	$9,024,000	–	320,117	–	1.72%	–
NVR	New	NVR Inc.	$8,928,000	–	3,006	–	1.70%	–
BKNG	New	Booking Holdings Inc.	$8,836,000	–	4,359	–	1.68%	–
PEP	New	Pepsico Inc.	$8,729,000	–	80,182	–	1.66%	–
MRO	New	Marathon Oil Group	$7,508,000	–	359,928	–	1.43%	–
PH	New	Parker Hannifin	$7,504,000	–	48,152	–	1.43%	–
CVX	New	Chevron Corp	$7,386,000	–	58,423	–	1.41%	–
IP	New	International Paper	$7,167,000	–	137,619	–	1.37%	–
ABBV	New	AbbVie Inc.	$7,142,000	–	77,087	–	1.36%	–
BP	New	BP PLC ADR	$6,238,000	–	136,631	–	1.19%	–
CVS	New	CVS Health Corp	$6,242,000	–	97,008	–	1.19%	–
LLY	New	Eli Lilly & Co	$5,816,000	–	68,169	–	1.11%	–
MRK	New	Merck & Co.	$5,789,000	–	95,383	–	1.10%	–
SWKS	New	Skyworks Solutions Inc.	$5,728,000	–	59,269	–	1.09%	–
CC	New	Chemours Co.	$5,583,000	–	125,869	–	1.06%	–
PG	New	Procter & Gamble	$5,375,000	–	68,865	–	1.02%	–
CNP	New	Centerpoint Energy	$5,037,000	–	181,803	–	0.96%	–
SLB	New	Schlumberger Limited	$4,661,000	–	69,543	–	0.89%	–
T	New	AT&T Corp.	$4,490,000	–	139,850	–	0.86%	–
HAL	New	Halliburton Co.	$4,157,000	–	92,276	–	0.79%	–
DWDP	New	DowDuPont	$4,001,000	–	60,704	–	0.76%	–
JNJ	New	Johnson & Johnson	$3,821,000	–	31,490	–	0.73%	–
DLR	New	Digital Realty Trust Inc.	$3,669,000	–	32,885	–	0.70%	–
MMM	New	3M Company	$3,099,000	–	15,756	–	0.59%	–
PSX	New	Phillips 66	$3,066,000	–	27,306	–	0.58%	–
HFC	New	HollyFrontier Corp.	$3,015,000	–	44,071	–	0.57%	–
XOM	New	Exxon Mobil Corp.	$2,934,000	–	35,469	–	0.56%	–
EXC	New	Exelon Corp	$1,413,000	–	33,185	–	0.27%	–
DUK	New	Duke Energy Corp.	$1,061,000	–	13,419	–	0.20%	–
	New	T.Rowe Price Intl Fdmmf	$949,000	–	13,036	–	0.18%	–
IVV	New	IShares Tr Funds S & P Index F	$922,000	–	3,379	–	0.18%	–
GS	New	Goldman Sachs Group	$884,000	–	4,011	–	0.17%	–
GOOG	New	Alphabet Class-C Share	$813,000	–	729	–	0.16%	–
VEA	New	Vanguard Tax-Managed	$661,000	–	15,425	–	0.13%	–
	New	T.Rowe Price Div Mid Capmmf	$633,000	–	20,396	–	0.12%	–
DXC	New	DXC Technology Company	$617,000	–	7,660	–	0.12%	–
	New	T.Rowe Price Dvd Grthmmf	$523,000	–	11,952	–	0.10%	–
GLW	New	Corning Inc.	$514,000	–	18,695	–	0.10%	–
CELG	New	Celgene	$470,000	–	5,925	–	0.09%	–
LOW	New	Lowe's Companies Inc.	$457,000	–	4,787	–	0.09%	–
HST	New	Host Hotels and Resorts	$405,000	–	19,260	–	0.08%	–
BBT	New	BB&T Corporation	$399,000	–	7,915	–	0.08%	–
VZ	New	Verizon Communications	$387,000	–	7,711	–	0.07%	–
PDT	New	John Hancock Prm. Div Fd	$361,000	–	22,000	–	0.07%	–
SWJCL	New	Stanley Black & Deckerpfd	$305,000	–	12,000	–	0.06%	–
BBTPRF	New	BB&Tpfd	$301,000	–	12,000	–	0.06%	–
AMD	New	Advanced Micro Devices Com	$299,000	–	20,000	–	0.06%	–
DAL	New	Delta Air Lines	$284,000	–	5,750	–	0.05%	–
WFC	New	Wells Fargo & Co.	$286,000	–	5,161	–	0.05%	–
IWO	New	Ishares Trust GR Index Fund	$234,000	–	1,148	–	0.04%	–
BMY	New	Bristol Myers Squibb	$235,000	–	4,255	–	0.04%	–
VLO	New	Valero Energy Corp.	$232,000	–	2,100	–	0.04%	–
	New	Franklin Dynatech Fd Cl Ammf	$228,000	–	2,983	–	0.04%	–
AJG	New	Arthur J. Gallagher & Co.	$218,000	–	3,350	–	0.04%	–
	New	Nuveen Symphony Large Cap Fdmmf	$213,000	–	5,075	–	0.04%	–
PTY	New	Pimco Corp & Income Fd	$183,000	–	10,500	–	0.04%	–

Q4 2017

			Value		Shares		↓ Weighting
F	Exit	Ford Motor Co.	$0	–	-15,100	–	-0.04%	–
MTW	Exit	Manitowoc Inc Com	$0	–	-20,000	–	-0.04%	–
IWO	Exit	Ishares Trust GR Index Fund	$0	–	-1,148	–	-0.04%	–
	Exit	Franklin Dynatech Fd Cl Ammf	$0	–	-3,183	–	-0.04%	–
NEEPRHCL	Exit	Nextera Energy Cappfd	$0	–	-8,000	–	-0.04%	–
PFE	Exit	Pfizer Inc.	$0	–	-5,829	–	-0.04%	–
SPY	Exit	Standard & Poors Depository Re	$0	–	-880	–	-0.04%	–
	Exit	DFA US Core Equity 2mmf	$0	–	-11,271	–	-0.04%	–
EWJ	Exit	Japan (iShares MSCI Index)	$0	–	-4,600	–	-0.05%	–
CAH	Exit	Cardinal Health Inc.	$0	–	-3,800	–	-0.05%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-7,439	–	-0.05%	–
BAC	Exit	Bank Of America Corp	$0	–	-11,308	–	-0.06%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-3,983	–	-0.06%	–
AZO	Exit	AutoZone Inc.	$0	–	-500	–	-0.06%	–
BBTPRF	Exit	BB&Tpfd	$0	–	-12,000	–	-0.06%	–
SWJCL	Exit	Stanley Black & Deckerpfd	$0	–	-12,000	–	-0.06%	–
	Exit	DFA intl Core Eq Fdmmf	$0	–	-22,624	–	-0.06%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-5,610	–	-0.07%	–
BBT	Exit	BB&T Corporation	$0	–	-7,909	–	-0.07%	–
WBT	Exit	Welbilt Inc	$0	–	-17,000	–	-0.08%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-5,196	–	-0.08%	–
IWM	Exit	R2000 ETF	$0	–	-3,467	–	-0.10%	–
DAL	Exit	Delta Air Lines	$0	–	-10,660	–	-0.10%	–
EFA	Exit	MSCI EAFE ETF	$0	–	-9,605	–	-0.13%	–
GOOG	Exit	Alphabet Class-C Share	$0	–	-706	–	-0.13%	–
FBNC	Exit	First Bancorp NC	$0	–	-21,206	–	-0.14%	–
AJG	Exit	Arthur J. Gallagher & Co.	$0	–	-12,630	–	-0.15%	–
IWR	Exit	IShares Russell Mid-Cap Index	$0	–	-3,998	–	-0.15%	–
VZ	Exit	Verizon Communications	$0	–	-16,091	–	-0.15%	–
QCOM	Exit	Qualcomm Inc.	$0	–	-15,645	–	-0.16%	–
KO	Exit	Coca-Cola Co.	$0	–	-18,560	–	-0.16%	–
CARO	Exit	Carolina Financial Group	$0	–	-26,400	–	-0.18%	–
GS	Exit	Goldman Sachs Group	$0	–	-4,125	–	-0.19%	–
MRK	Exit	Merck & Co.	$0	–	-15,685	–	-0.19%	–
CELG	Exit	Celgene	$0	–	-12,675	–	-0.36%	–
HST	Exit	Host Hotels and Resorts	$0	–	-102,680	–	-0.36%	–
EXC	Exit	Exelon Corp	$0	–	-53,610	–	-0.39%	–
OMC	Exit	Omnicom Group Inc.	$0	–	-33,848	–	-0.48%	–
DXC	Exit	DXC Technology Company	$0	–	-29,651	–	-0.49%	–
MRO	Exit	Marathon Oil Group	$0	–	-345,246	–	-0.90%	–
SLB	Exit	Schlumberger Limited	$0	–	-70,767	–	-0.95%	–
DUK	Exit	Duke Energy Corp.	$0	–	-59,277	–	-0.96%	–
BP	Exit	BP PLC ADR	$0	–	-132,262	–	-0.98%	–
DLR	Exit	Digital Realty Trust Inc.	$0	–	-49,873	–	-1.14%	–
XOM	Exit	Exxon Mobil Corp.	$0	–	-88,966	–	-1.40%	–
GE	Exit	General Elec Co.	$0	–	-308,016	–	-1.43%	–
EVR	Exit	Evercore Inc.	$0	–	-94,452	–	-1.46%	–
IP	Exit	International Paper	$0	–	-133,650	–	-1.46%	–
DWDP	Exit	DowDuPont	$0	–	-110,509	–	-1.47%	–
HAL	Exit	Halliburton Co.	$0	–	-166,258	–	-1.47%	–
SWKS	Exit	Skyworks Solutions Inc.	$0	–	-77,113	–	-1.51%	–
PEP	Exit	Pepsico Inc.	$0	–	-71,422	–	-1.53%	–
CVX	Exit	Chevron Corp	$0	–	-69,475	–	-1.57%	–
T	Exit	AT&T Corp.	$0	–	-210,503	–	-1.59%	–
PH	Exit	Parker Hannifin	$0	–	-49,190	–	-1.66%	–
PG	Exit	Procter & Gamble	$0	–	-94,941	–	-1.66%	–
CVS	Exit	CVS Health Corp	$0	–	-106,385	–	-1.66%	–
PCLN	Exit	Priceline Group Inc.	$0	–	-4,731	–	-1.67%	–
MDT	Exit	Medtronic PLC	$0	–	-113,844	–	-1.70%	–
DIS	Exit	Walt Disney Co.	$0	–	-90,946	–	-1.72%	–
BAX	Exit	Baxter International Inc.	$0	–	-145,400	–	-1.76%	–
JNJ	Exit	Johnson & Johnson	$0	–	-71,061	–	-1.78%	–
WFC	Exit	Wells Fargo & Co.	$0	–	-172,303	–	-1.83%	–
MMM	Exit	3M Company	$0	–	-46,818	–	-1.89%	–
TXT	Exit	Textron Inc.	$0	–	-183,070	–	-1.90%	–
HUM	Exit	Humana Inc.	$0	–	-40,506	–	-1.90%	–
USB	Exit	U.S. Bancorp	$0	–	-184,697	–	-1.90%	–
BRKB	Exit	Berkshire Hathaway Inc. Cl B	$0	–	-54,031	–	-1.91%	–
PNC	Exit	PNC Financial Services Group	$0	–	-74,072	–	-1.92%	–
CSCO	Exit	Cisco Systems	$0	–	-298,577	–	-1.93%	–
ALL	Exit	Allstate	$0	–	-111,258	–	-1.97%	–
JPM	Exit	J. P. Morgan	$0	–	-107,253	–	-1.97%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-52,411	–	-1.98%	–
NVR	Exit	NVR Inc.	$0	–	-3,617	–	-1.99%	–
ATVI	Exit	Activision Blizzard Inc.	$0	–	-160,671	–	-1.99%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-83,852	–	-2.01%	–
AMGN	Exit	Amgen	$0	–	-56,092	–	-2.01%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-150,100	–	-2.04%	–
MSFT	Exit	Microsoft Corp.	$0	–	-142,754	–	-2.05%	–
GD	Exit	General Dynamics	$0	–	-52,224	–	-2.07%	–
FB	Exit	Facebook Inc.	$0	–	-63,094	–	-2.07%	–
HD	Exit	Home Depot Inc.	$0	–	-66,589	–	-2.10%	–
FISV	Exit	Fiserv Inc.	$0	–	-84,954	–	-2.11%	–
FDX	Exit	FedEx Corp	$0	–	-49,077	–	-2.13%	–
ABBV	Exit	AbbVie Inc.	$0	–	-134,246	–	-2.30%	–
WDC	Exit	Western Digital Corp.	$0	–	-139,816	–	-2.32%	–
V	Exit	Visa Inc.	$0	–	-117,259	–	-2.37%	–
AMZN	Exit	Amazon.Com Inc.	$0	–	-13,167	–	-2.44%	–
LRCX	Exit	Lam Research	$0	–	-75,064	–	-2.67%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-14,513	–	-2.72%	–
AAPL	Exit	Apple Inc.	$0	–	-100,676	–	-2.98%	–

Q3 2017

			Value		Shares		↓ Weighting
AAPL	Sell	Apple Inc.	$15,516,000	+1.5%	100,676	-5.2%	2.98%	-0.1%
GOOGL	Sell	Alphabet Inc. Class A	$14,131,000	-0.6%	14,513	-5.1%	2.72%	-2.1%
LRCX	Sell	Lam Research	$13,889,000	+22.9%	75,064	-6.0%	2.67%	+21.0%
AMZN	Buy	Amazon.Com Inc.	$12,658,000	+2.6%	13,167	+3.3%	2.44%	+0.9%
V	Sell	Visa Inc.	$12,340,000	+6.5%	117,259	-5.1%	2.37%	+4.8%
WDC	Sell	Western Digital Corp.	$12,080,000	-4.2%	139,816	-1.7%	2.32%	-5.7%
ABBV	Sell	AbbVie Inc.	$11,929,000	+16.1%	134,246	-5.3%	2.30%	+14.2%
FDX	Sell	FedEx Corp	$11,070,000	+0.6%	49,077	-3.1%	2.13%	-1.0%
FISV	Sell	Fiserv Inc.	$10,955,000	+0.9%	84,954	-4.3%	2.11%	-0.7%
HD	Sell	Home Depot Inc.	$10,891,000	+1.1%	66,589	-5.2%	2.10%	-0.5%
FB	Sell	Facebook Inc.	$10,780,000	+9.0%	63,094	-3.6%	2.07%	+7.3%
GD	Sell	General Dynamics	$10,736,000	-0.3%	52,224	-4.0%	2.07%	-1.9%
MSFT	Sell	Microsoft Corp.	$10,633,000	+2.5%	142,754	-5.2%	2.05%	+0.8%
TSN	Sell	Tyson Foods, Inc.	$10,574,000	+6.8%	150,100	-5.0%	2.04%	+5.2%
CAT	Sell	Caterpillar Inc Del	$10,457,000	+12.3%	83,852	-3.2%	2.01%	+10.5%
AMGN	Sell	Amgen	$10,458,000	+4.7%	56,092	-3.3%	2.01%	+3.0%
ATVI	Sell	Activision Blizzard Inc.	$10,364,000	+5.1%	160,671	-6.2%	1.99%	+3.4%
NVR	Sell	NVR Inc.	$10,326,000	+9.4%	3,617	-7.6%	1.99%	+7.7%
UNH	Sell	UnitedHealth Group Inc.	$10,264,000	+1.9%	52,411	-3.6%	1.98%	+0.3%
JPM	Sell	J. P. Morgan	$10,243,000	+2.0%	107,253	-2.3%	1.97%	+0.5%
ALL	Sell	Allstate	$10,225,000	+0.4%	111,258	-3.4%	1.97%	-1.2%
CSCO	Sell	Cisco Systems	$10,041,000	+2.6%	298,577	-4.5%	1.93%	+1.0%
PNC	Sell	PNC Financial Services Group	$9,982,000	+5.6%	74,072	-2.1%	1.92%	+4.0%
BRKB	Sell	Berkshire Hathaway Inc. Cl B	$9,904,000	+4.9%	54,031	-3.1%	1.91%	+3.3%
USB	Sell	U.S. Bancorp	$9,897,000	+1.1%	184,697	-2.1%	1.90%	-0.5%
HUM	Sell	Humana Inc.	$9,868,000	-2.5%	40,506	-3.7%	1.90%	-4.0%
TXT	Sell	Textron Inc.	$9,863,000	+10.5%	183,070	-3.4%	1.90%	+8.8%
MMM	Sell	3M Company	$9,827,000	-2.9%	46,818	-3.7%	1.89%	-4.4%
WFC	Buy	Wells Fargo & Co.	$9,502,000	+5.9%	172,303	+6.4%	1.83%	+4.2%
JNJ	Sell	Johnson & Johnson	$9,238,000	-4.8%	71,061	-3.1%	1.78%	-6.3%
BAX	Sell	Baxter International Inc.	$9,123,000	+0.8%	145,400	-2.7%	1.76%	-0.8%
DIS	Sell	Walt Disney Co.	$8,964,000	-10.5%	90,946	-3.5%	1.72%	-11.9%
MDT	Sell	Medtronic PLC	$8,853,000	-14.2%	113,844	-2.1%	1.70%	-15.6%
PCLN	Sell	Priceline Group Inc.	$8,661,000	-7.7%	4,731	-5.7%	1.67%	-9.2%
CVS	Sell	CVS Health Corp	$8,651,000	-2.2%	106,385	-3.3%	1.66%	-3.8%
PG	Sell	Procter & Gamble	$8,637,000	+1.9%	94,941	-2.3%	1.66%	+0.4%
PH	Sell	Parker Hannifin	$8,609,000	+8.4%	49,190	-1.0%	1.66%	+6.7%
T	Buy	AT&T Corp.	$8,245,000	+5.9%	210,503	+2.0%	1.59%	+4.2%
CVX	Sell	Chevron Corp	$8,163,000	+11.8%	69,475	-0.7%	1.57%	+10.1%
PEP	Sell	Pepsico Inc.	$7,958,000	-7.4%	71,422	-4.0%	1.53%	-8.9%
SWKS	New	Skyworks Solutions Inc.	$7,857,000	–	77,113	–	1.51%	–
DWDP	New	DowDuPont	$7,650,000	–	110,509	–	1.47%	–
HAL	Buy	Halliburton Co.	$7,652,000	+8.4%	166,258	+0.6%	1.47%	+6.7%
IP	Sell	International Paper	$7,593,000	-4.1%	133,650	-4.4%	1.46%	-5.6%
EVR	Sell	Evercore Inc.	$7,579,000	+5.9%	94,452	-7.0%	1.46%	+4.2%
GE	Buy	General Elec Co.	$7,447,000	+2271.7%	308,016	+2545.0%	1.43%	+2249.2%
XOM	Sell	Exxon Mobil Corp.	$7,293,000	-3.7%	88,966	-5.1%	1.40%	-5.2%
DLR	New	Digital Realty Trust Inc.	$5,901,000	–	49,873	–	1.14%	–
BP	Buy	BP PLC ADR	$5,082,000	+14.2%	132,262	+3.0%	0.98%	+12.4%
DUK	Sell	Duke Energy Corp.	$4,974,000	-0.8%	59,277	-1.2%	0.96%	-2.3%
SLB	Sell	Schlumberger Limited	$4,936,000	-18.4%	70,767	-23.0%	0.95%	-19.7%
MRO	Sell	Marathon Oil Group	$4,681,000	-2.2%	345,246	-14.5%	0.90%	-3.7%
DXC	Sell	DXC Technology Company	$2,546,000	-14.3%	29,651	-23.4%	0.49%	-15.7%
OMC	Sell	Omnicom Group Inc.	$2,507,000	-48.0%	33,848	-41.8%	0.48%	-48.9%
EXC	Sell	Exelon Corp	$2,019,000	-15.0%	53,610	-18.6%	0.39%	-16.4%
HST	Sell	Host Hotels and Resorts	$1,898,000	-72.1%	102,680	-72.4%	0.36%	-72.6%
CELG	Sell	Celgene	$1,848,000	+0.9%	12,675	-10.1%	0.36%	-0.6%
MRK	Sell	Merck & Co.	$1,004,000	-16.1%	15,685	-16.0%	0.19%	-17.5%
GS	Sell	Goldman Sachs Group	$978,000	+4.0%	4,125	-2.7%	0.19%	+2.2%
QCOM	Sell	Qualcomm Inc.	$811,000	-91.2%	15,645	-90.6%	0.16%	-91.3%
VZ	Sell	Verizon Communications	$796,000	-28.5%	16,091	-35.5%	0.15%	-29.8%
IWR	Buy	IShares Russell Mid-Cap Index	$788,000	+5.3%	3,998	+2.6%	0.15%	+4.1%
AJG	Sell	Arthur J. Gallagher & Co.	$777,000	-21.3%	12,630	-26.8%	0.15%	-22.8%
FBNC	Sell	First Bancorp NC	$729,000	+0.6%	21,206	-8.6%	0.14%	-1.4%
GOOG	Sell	Alphabet Class-C Share	$677,000	-13.0%	706	-17.6%	0.13%	-14.5%
EFA	Buy	MSCI EAFE ETF	$657,000	+12.7%	9,605	+7.3%	0.13%	+10.5%
DAL	Sell	Delta Air Lines	$514,000	-15.9%	10,660	-6.4%	0.10%	-16.8%
IWM	Buy	R2000 ETF	$513,000	+13.7%	3,467	+8.2%	0.10%	+12.5%
LOW	Sell	Lowe's Companies Inc.	$415,000	+0.2%	5,196	-2.8%	0.08%	-1.2%
WBT	Sell	Welbilt Inc	$391,000	+3.7%	17,000	-15.0%	0.08%	+1.4%
BMY	Sell	Bristol Myers Squibb	$357,000	+3.2%	5,610	-9.7%	0.07%	+1.5%
	Buy	DFA intl Core Eq Fdmmf	$315,000	+11.3%	22,624	+5.0%	0.06%	+10.9%
AZO	New	AutoZone Inc.	$297,000	–	500	–	0.06%	–
TJX	Sell	TJX Cos. Inc.	$293,000	-0.3%	3,983	-2.4%	0.06%	-1.8%
BAC	Buy	Bank Of America Corp	$286,000	+24.9%	11,308	+19.6%	0.06%	+22.2%
	Buy	DFA Inv. Dimension Grpmmf	$268,000	+9.8%	7,439	+4.3%	0.05%	+8.3%
EWJ	Sell	Japan (iShares MSCI Index)	$256,000	+0.8%	4,600	-3.2%	0.05%	-2.0%
CAH	Sell	Cardinal Health Inc.	$254,000	-60.4%	3,800	-53.9%	0.05%	-61.1%
	Buy	DFA US Core Equity 2mmf	$230,000	+12.2%	11,271	+7.9%	0.04%	+10.0%
PFE	Sell	Pfizer Inc.	$208,000	-12.6%	5,829	-17.8%	0.04%	-14.9%
	New	Franklin Dynatech Fd Cl Ammf	$204,000	–	3,183	–	0.04%	–
IWO	New	Ishares Trust GR Index Fund	$205,000	–	1,148	–	0.04%	–
F	Sell	Ford Motor Co.	$180,000	+3.4%	15,100	-2.9%	0.04%	+2.9%
STI	Exit	SunTrust Banks Inc.	$0	–	-3,870	–	-0.04%	–
D	Exit	Dominion Resources, Inc.	$0	–	-3,220	–	-0.05%	–
KEY	Exit	KeyCorp	$0	–	-15,275	–	-0.06%	–
SPG	Exit	Simon PPTY Group	$0	–	-5,000	–	-0.16%	–
PSA	Exit	Public Storage Inc.	$0	–	-25,810	–	-1.05%	–
DOW	Exit	Dow Chemical Co.	$0	–	-113,813	–	-1.40%	–

Q2 2017

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$15,288,000	–	106,155	–	2.99%	–
GOOGL	New	Alphabet Inc. Class A	$14,211,000	–	15,286	–	2.78%	–
WDC	New	Western Digital Corp.	$12,608,000	–	142,305	–	2.46%	–
AMZN	New	Amazon.Com Inc.	$12,342,000	–	12,750	–	2.41%	–
V	New	Visa Inc.	$11,584,000	–	123,525	–	2.26%	–
LRCX	New	Lam Research	$11,299,000	–	79,893	–	2.21%	–
FDX	New	FedEx Corp	$11,006,000	–	50,644	–	2.15%	–
FISV	New	Fiserv Inc.	$10,859,000	–	88,769	–	2.12%	–
GD	New	General Dynamics	$10,773,000	–	54,385	–	2.11%	–
HD	New	Home Depot Inc.	$10,774,000	–	70,237	–	2.11%	–
MSFT	New	Microsoft Corp.	$10,378,000	–	150,567	–	2.03%	–
MDT	New	Medtronic PLC	$10,323,000	–	116,319	–	2.02%	–
ABBV	New	AbbVie Inc.	$10,274,000	–	141,701	–	2.01%	–
ALL	New	Allstate	$10,182,000	–	115,137	–	1.99%	–
MMM	New	3M Company	$10,121,000	–	48,619	–	1.98%	–
HUM	New	Humana Inc.	$10,119,000	–	42,058	–	1.98%	–
UNH	New	UnitedHealth Group Inc.	$10,076,000	–	54,344	–	1.97%	–
JPM	New	J. P. Morgan	$10,038,000	–	109,831	–	1.96%	–
DIS	New	Walt Disney Co.	$10,013,000	–	94,244	–	1.96%	–
AMGN	New	Amgen	$9,988,000	–	57,993	–	1.95%	–
TSN	New	Tyson Foods, Inc.	$9,900,000	–	158,073	–	1.94%	–
FB	New	Facebook Inc.	$9,886,000	–	65,480	–	1.93%	–
ATVI	New	Activision Blizzard Inc.	$9,860,000	–	171,275	–	1.93%	–
USB	New	U.S. Bancorp	$9,790,000	–	188,578	–	1.91%	–
CSCO	New	Cisco Systems	$9,783,000	–	312,562	–	1.91%	–
JNJ	New	Johnson & Johnson	$9,701,000	–	73,331	–	1.90%	–
PNC	New	PNC Financial Services Group	$9,450,000	–	75,686	–	1.85%	–
BRKB	New	Berkshire Hathaway Inc. Cl B	$9,444,000	–	55,762	–	1.85%	–
NVR	New	NVR Inc.	$9,439,000	–	3,916	–	1.84%	–
PCLN	New	Priceline Group Inc.	$9,380,000	–	5,015	–	1.83%	–
CAT	New	Caterpillar Inc Del	$9,308,000	–	86,620	–	1.82%	–
QCOM	New	Qualcomm Inc.	$9,165,000	–	165,985	–	1.79%	–
BAX	New	Baxter International Inc.	$9,048,000	–	149,461	–	1.77%	–
WFC	New	Wells Fargo & Co.	$8,972,000	–	161,932	–	1.75%	–
TXT	New	Textron Inc.	$8,923,000	–	189,466	–	1.74%	–
CVS	New	CVS Health Corp	$8,850,000	–	110,004	–	1.73%	–
PEP	New	Pepsico Inc.	$8,594,000	–	74,421	–	1.68%	–
PG	New	Procter & Gamble	$8,472,000	–	97,217	–	1.66%	–
PH	New	Parker Hannifin	$7,939,000	–	49,675	–	1.55%	–
IP	New	International Paper	$7,917,000	–	139,862	–	1.55%	–
T	New	AT&T Corp.	$7,784,000	–	206,316	–	1.52%	–
XOM	New	Exxon Mobil Corp.	$7,570,000	–	93,781	–	1.48%	–
CVX	New	Chevron Corp	$7,301,000	–	69,981	–	1.43%	–
DOW	New	Dow Chemical Co.	$7,178,000	–	113,813	–	1.40%	–
EVR	New	Evercore Partners Inc.	$7,157,000	–	101,523	–	1.40%	–
HAL	New	Halliburton Co.	$7,059,000	–	165,284	–	1.38%	–
HST	New	Host Hotels and Resorts	$6,805,000	–	372,492	–	1.33%	–
SLB	New	Schlumberger Limited	$6,051,000	–	91,906	–	1.18%	–
PSA	New	Public Storage Inc.	$5,382,000	–	25,810	–	1.05%	–
DUK	New	Duke Energy Corp.	$5,013,000	–	59,979	–	0.98%	–
OMC	New	Omnicom Group Inc.	$4,825,000	–	58,205	–	0.94%	–
MRO	New	Marathon Oil Group	$4,786,000	–	403,883	–	0.94%	–
BP	New	BP PLC ADR	$4,450,000	–	128,455	–	0.87%	–
DXC	New	DXC Technology Company	$2,970,000	–	38,721	–	0.58%	–
EXC	New	Exelon Corp	$2,375,000	–	65,850	–	0.46%	–
CELG	New	Celgene	$1,831,000	–	14,100	–	0.36%	–
MRK	New	Merck & Co.	$1,196,000	–	18,670	–	0.23%	–
VZ	New	Verizon Communications	$1,114,000	–	24,961	–	0.22%	–
AJG	New	Arthur J. Gallagher & Co.	$987,000	–	17,255	–	0.19%	–
GS	New	Goldman Sachs Group	$940,000	–	4,240	–	0.18%	–
CARO	New	Carolina Financial Group	$853,000	–	26,400	–	0.17%	–
KO	New	Coca-Cola Co.	$832,000	–	18,560	–	0.16%	–
SPG	New	Simon PPTY Group	$808,000	–	5,000	–	0.16%	–
GOOG	New	Alphabet Class-C Share	$778,000	–	857	–	0.15%	–
IWR	New	IShares Russell Mid-Cap Index	$748,000	–	3,895	–	0.15%	–
FBNC	New	First Bancorp NC	$725,000	–	23,206	–	0.14%	–
CAH	New	Cardinal Health Inc.	$642,000	–	8,250	–	0.13%	–
DAL	New	Delta Air Lines	$611,000	–	11,385	–	0.12%	–
EFA	New	MSCI EAFE ETF	$583,000	–	8,950	–	0.11%	–
IWM	New	R2000 ETF	$451,000	–	3,205	–	0.09%	–
LOW	New	Lowe's Companies Inc.	$414,000	–	5,346	–	0.08%	–
WBT	New	Welbilt Inc	$377,000	–	20,000	–	0.07%	–
BBT	New	BB&T Corporation	$359,000	–	7,909	–	0.07%	–
BMY	New	Bristol Myers Squibb	$346,000	–	6,210	–	0.07%	–
GE	New	General Elec Co.	$314,000	–	11,645	–	0.06%	–
SWJCL	New	Stanley Black & Deckerpfd	$306,000	–	12,000	–	0.06%	–
BBTPRF	New	BB&Tpfd	$300,000	–	12,000	–	0.06%	–
TJX	New	TJX Cos. Inc.	$294,000	–	4,083	–	0.06%	–
KEY	New	KeyCorp	$286,000	–	15,275	–	0.06%	–
	New	DFA intl Core Eq Fdmmf	$283,000	–	21,538	–	0.06%	–
EWJ	New	Japan (iShares MSCI Index)	$254,000	–	4,750	–	0.05%	–
D	New	Dominion Resources, Inc.	$246,000	–	3,220	–	0.05%	–
	New	DFA Inv. Dimension Grpmmf	$244,000	–	7,133	–	0.05%	–
PFE	New	Pfizer Inc.	$238,000	–	7,089	–	0.05%	–
BAC	New	Bank Of America Corp	$229,000	–	9,458	–	0.04%	–
STI	New	SunTrust Banks Inc.	$219,000	–	3,870	–	0.04%	–
SPY	New	Standard & Poors Depository Re	$212,000	–	880	–	0.04%	–
	New	DFA US Core Equity 2mmf	$205,000	–	10,445	–	0.04%	–
NEEPRHCL	New	Nextera Energy Cap Pfdpfd	$201,000	–	8,000	–	0.04%	–
F	New	Ford Motor Co.	$174,000	–	15,550	–	0.03%	–
MTW	New	Manitowoc Inc Com	$120,000	–	20,000	–	0.02%	–

Q4 2016

			Value		Shares		↓ Weighting
MTW	Exit	Manitowoc Inc Com	$0	–	-40,000	–	-0.04%	–
NEEPRHCL	Exit	Nextera Energy Cap Pfd 5.625pfd	$0	–	-8,000	–	-0.04%	–
	Exit	DFA Core Equity 2mmf	$0	–	-11,910	–	-0.04%	–
JBL	Exit	Jabil Circuit, Inc.	$0	–	-9,975	–	-0.05%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-7,670	–	-0.05%	–
SWKS	Exit	Skyworks Solutions Inc.	$0	–	-3,110	–	-0.05%	–
	Exit	DFA intl Core Eq Fdmmf	$0	–	-25,661	–	-0.06%	–
BAC	Exit	Bank Of America Corp	$0	–	-19,728	–	-0.06%	–
SWJCL	Exit	Stanley Black & Decker 5.75%pfd	$0	–	-12,000	–	-0.06%	–
BBTPRF	Exit	BB&T Pfd 5.2%pfd	$0	–	-12,000	–	-0.06%	–
BA	Exit	Boeing Co.	$0	–	-2,462	–	-0.07%	–
HUM	Exit	Humana Inc.	$0	–	-1,900	–	-0.07%	–
EWJ	Exit	Japan (iShares MSCI Index)	$0	–	-27,200	–	-0.07%	–
MCK	Exit	McKesson Corporation	$0	–	-2,102	–	-0.07%	–
MFS	Exit	Manitowoc Foodservice	$0	–	-22,000	–	-0.08%	–
SBUX	Exit	Starbucks Corp.	$0	–	-6,714	–	-0.08%	–
VWO	Exit	Vanguard Ftse Emerging	$0	–	-9,955	–	-0.08%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-5,128	–	-0.08%	–
SYF	Exit	Synchrony Financial	$0	–	-13,800	–	-0.08%	–
CTSH	Exit	Cognizant Technology Solutions	$0	–	-8,241	–	-0.08%	–
BBT	Exit	BB&T Corporation	$0	–	-10,882	–	-0.09%	–
GT	Exit	Goodyear Tire & Rubber	$0	–	-13,525	–	-0.09%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-6,121	–	-0.09%	–
MCHP	Exit	Microchip Technology Inc.	$0	–	-7,160	–	-0.09%	–
FBNC	Exit	First Bancorp NC	$0	–	-23,386	–	-0.10%	–
RS	Exit	Reliance Steel & Aluminum	$0	–	-6,650	–	-0.10%	–
KMI	Exit	Kinder Morgan Inc.	$0	–	-21,860	–	-0.11%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-6,455	–	-0.11%	–
KEY	Exit	KeyCorp	$0	–	-47,430	–	-0.12%	–
CARO	Exit	Carolina Financial Group	$0	–	-26,400	–	-0.12%	–
KO	Exit	Coca-Cola Co.	$0	–	-18,572	–	-0.17%	–
IWM	Exit	R2000 ETF	$0	–	-6,630	–	-0.17%	–
GS	Exit	Goldman Sachs Group	$0	–	-5,190	–	-0.18%	–
VLO	Exit	Valero Energy Corp.	$0	–	-16,810	–	-0.19%	–
GOOG	Exit	Alphabet Class-C Share	$0	–	-1,248	–	-0.20%	–
GE	Exit	General Elec Co.	$0	–	-33,859	–	-0.21%	–
IM	Exit	Ingram Micro Inc.	$0	–	-29,460	–	-0.22%	–
SPG	Exit	Simon PPTY Group	$0	–	-6,000	–	-0.26%	–
D	Exit	Dominion Resources, Inc.	$0	–	-16,980	–	-0.27%	–
EFA	Exit	MSCI EAFE ETF	$0	–	-23,290	–	-0.29%	–
IWR	Exit	IShares Russell Mid-Cap Index	$0	–	-8,795	–	-0.32%	–
CELG	Exit	Celgene	$0	–	-19,730	–	-0.44%	–
DAL	Exit	Delta Air Lines	$0	–	-58,321	–	-0.48%	–
MRK	Exit	Merck & Co.	$0	–	-36,825	–	-0.48%	–
STI	Exit	SunTrust Banks Inc.	$0	–	-70,190	–	-0.65%	–
FL	Exit	Foot Locker, Inc.	$0	–	-48,978	–	-0.70%	–
TGT	Exit	Target Corp.	$0	–	-49,986	–	-0.72%	–
JPM	Exit	J. P. Morgan	$0	–	-55,795	–	-0.78%	–
HST	Exit	Host Hotels and Resorts	$0	–	-325,350	–	-1.07%	–
PCLN	Exit	Priceline Group Inc.	$0	–	-3,500	–	-1.09%	–
CEO	Exit	CNOOC Limited ADR	$0	–	-46,073	–	-1.23%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-109,060	–	-1.24%	–
NVR	Exit	NVR Inc.	$0	–	-3,748	–	-1.30%	–
DOW	Exit	Dow Chemical Co.	$0	–	-125,682	–	-1.38%	–
PFE	Exit	Pfizer Inc.	$0	–	-194,306	–	-1.39%	–
T	Exit	AT&T Corp.	$0	–	-163,569	–	-1.40%	–
WFC	Exit	Wells Fargo & Co.	$0	–	-151,675	–	-1.42%	–
PSA	Exit	Public Storage Inc.	$0	–	-30,105	–	-1.42%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-48,973	–	-1.45%	–
AJG	Exit	Arthur J. Gallagher & Co.	$0	–	-140,548	–	-1.51%	–
LRCX	Exit	Lam Research	$0	–	-76,504	–	-1.53%	–
TXT	Exit	Textron Inc.	$0	–	-182,716	–	-1.53%	–
SLB	Exit	Schlumberger Limited	$0	–	-93,739	–	-1.56%	–
BRKB	Exit	Berkshire Hathaway Inc. Cl B	$0	–	-52,358	–	-1.60%	–
CVX	Exit	Chevron Corp	$0	–	-73,587	–	-1.60%	–
PSX	Exit	Phillips 66	$0	–	-94,110	–	-1.60%	–
JNJ	Exit	Johnson & Johnson	$0	–	-64,356	–	-1.61%	–
MMM	Exit	3M Company	$0	–	-43,522	–	-1.62%	–
XOM	Exit	Exxon Mobil Corp.	$0	–	-89,643	–	-1.65%	–
ALL	Exit	Allstate	$0	–	-114,340	–	-1.67%	–
HAL	Exit	Halliburton Co.	$0	–	-176,473	–	-1.67%	–
IP	Exit	International Paper	$0	–	-166,045	–	-1.68%	–
CAH	Exit	Cardinal Health Inc.	$0	–	-104,039	–	-1.71%	–
F	Exit	Ford Motor Co.	$0	–	-672,873	–	-1.72%	–
ATVI	Exit	Activision Blizzard Inc.	$0	–	-185,570	–	-1.74%	–
USB	Exit	U.S. Bancorp	$0	–	-200,152	–	-1.81%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-98,356	–	-1.84%	–
PG	Exit	Procter & Gamble	$0	–	-100,431	–	-1.90%	–
FDX	Exit	FedEx Corp	$0	–	-52,851	–	-1.95%	–
ABBV	Exit	AbbVie Inc.	$0	–	-148,971	–	-1.98%	–
EXC	Exit	Exelon Corp	$0	–	-286,587	–	-2.02%	–
HD	Exit	Home Depot Inc.	$0	–	-74,925	–	-2.04%	–
AMGN	Exit	Amgen	$0	–	-58,338	–	-2.06%	–
MDT	Exit	Medtronic PLC	$0	–	-113,246	–	-2.07%	–
WDC	Exit	Western Digital Corp.	$0	–	-170,439	–	-2.10%	–
GD	Exit	General Dynamics	$0	–	-65,186	–	-2.14%	–
CSC	Exit	Computer Sciences Corp.	$0	–	-195,370	–	-2.16%	–
DIS	Exit	Walt Disney Co.	$0	–	-110,383	–	-2.16%	–
CVS	Exit	CVS Health Corp	$0	–	-115,728	–	-2.18%	–
CSCO	Exit	Cisco Systems	$0	–	-324,961	–	-2.18%	–
FISV	Exit	Fiserv Inc.	$0	–	-103,775	–	-2.18%	–
QCOM	Exit	Qualcomm Inc.	$0	–	-153,719	–	-2.22%	–
VZ	Exit	Verizon Communications	$0	–	-202,831	–	-2.23%	–
MSFT	Exit	Microsoft Corp.	$0	–	-187,520	–	-2.28%	–
V	Exit	Visa Inc.	$0	–	-135,206	–	-2.36%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-163,472	–	-2.58%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-16,632	–	-2.82%	–
AAPL	Exit	Apple Inc.	$0	–	-137,565	–	-3.28%	–

Q3 2016

			Value		Shares		↓ Weighting
AAPL	Sell	Apple Inc.	$15,551,000	-48.9%	137,565	-56.8%	3.28%	+15.9%
GOOGL	Sell	Alphabet Inc. Class A	$13,373,000	-51.8%	16,632	-57.8%	2.82%	+9.3%
TSN	Sell	Tyson Foods, Inc.	$12,206,000	-52.2%	163,472	-57.2%	2.58%	+8.5%
V	Sell	Visa Inc.	$11,181,000	-47.2%	135,206	-52.7%	2.36%	+19.8%
MSFT	Sell	Microsoft Corp.	$10,801,000	-47.2%	187,520	-53.1%	2.28%	+19.8%
VZ	Sell	Verizon Communications	$10,543,000	-64.8%	202,831	-62.2%	2.23%	-20.2%
QCOM	Sell	Qualcomm Inc.	$10,529,000	-27.9%	153,719	-43.6%	2.22%	+63.6%
FISV	Sell	Fiserv Inc.	$10,322,000	-56.7%	103,775	-52.7%	2.18%	-1.8%
CSCO	Sell	Cisco Systems	$10,307,000	-51.4%	324,961	-56.1%	2.18%	+10.2%
CVS	Sell	CVS Health Corp	$10,298,000	-54.7%	115,728	-51.2%	2.18%	+2.8%
DIS	Sell	Walt Disney Co.	$10,250,000	-56.8%	110,383	-54.5%	2.16%	-1.9%
CSC	Sell	Computer Sciences Corp.	$10,200,000	-59.5%	195,370	-61.5%	2.16%	-8.0%
GD	Sell	General Dynamics	$10,114,000	-44.6%	65,186	-50.3%	2.14%	+25.7%
WDC	Buy	Western Digital Corp.	$9,965,000	+3823.2%	170,439	+3071.0%	2.10%	+8670.8%
MDT	Sell	Medtronic PLC	$9,784,000	-55.7%	113,246	-55.5%	2.07%	+0.5%
AMGN	Sell	Amgen	$9,731,000	-49.5%	58,338	-54.0%	2.06%	+14.5%
HD	Sell	Home Depot Inc.	$9,641,000	-56.0%	74,925	-56.3%	2.04%	-0.0%
EXC	Sell	Exelon Corp	$9,540,000	-44.2%	286,587	-39.0%	2.02%	+26.6%
ABBV	Sell	AbbVie Inc.	$9,395,000	-56.7%	148,971	-57.5%	1.98%	-1.7%
FDX	Sell	FedEx Corp	$9,232,000	-43.7%	52,851	-51.1%	1.95%	+27.7%
PG	New	Procter & Gamble	$9,013,000	–	100,431	–	1.90%	–
CAT	Sell	Caterpillar Inc Del	$8,731,000	-37.1%	98,356	-46.3%	1.84%	+42.6%
USB	Sell	U.S. Bancorp	$8,584,000	-53.3%	200,152	-56.1%	1.81%	+5.9%
ATVI	Sell	Activision Blizzard Inc.	$8,220,000	-47.7%	185,570	-53.3%	1.74%	+18.5%
F	Sell	Ford Motor Co.	$8,121,000	-51.4%	672,873	-49.3%	1.72%	+10.4%
CAH	Sell	Cardinal Health Inc.	$8,083,000	-57.4%	104,039	-57.2%	1.71%	-3.4%
IP	Sell	International Paper	$7,966,000	-47.9%	166,045	-54.0%	1.68%	+18.2%
HAL	Sell	Halliburton Co.	$7,920,000	-55.6%	176,473	-55.2%	1.67%	+0.7%
ALL	Sell	Allstate	$7,910,000	-55.8%	114,340	-55.3%	1.67%	+0.3%
XOM	Sell	Exxon Mobil Corp.	$7,824,000	-56.7%	89,643	-53.5%	1.65%	-1.8%
MMM	Sell	3M Company	$7,669,000	-48.7%	43,522	-49.0%	1.62%	+16.4%
JNJ	Sell	Johnson & Johnson	$7,602,000	-14.3%	64,356	-12.0%	1.61%	+94.4%
PSX	Sell	Phillips 66	$7,580,000	-50.6%	94,110	-51.4%	1.60%	+12.0%
CVX	Sell	Chevron Corp	$7,573,000	-39.8%	73,587	-38.7%	1.60%	+36.6%
BRKB	Sell	Berkshire Hathaway Inc. Cl B	$7,564,000	-57.3%	52,358	-57.2%	1.60%	-3.2%
SLB	Sell	Schlumberger Limited	$7,371,000	-54.3%	93,739	-54.0%	1.56%	+3.7%
TXT	Sell	Textron Inc.	$7,262,000	-49.5%	182,716	-53.5%	1.53%	+14.6%
LRCX	Sell	Lam Research	$7,245,000	-18.0%	76,504	-27.2%	1.53%	+85.9%
AJG	Sell	Arthur J. Gallagher & Co.	$7,149,000	-35.4%	140,548	-39.5%	1.51%	+46.6%
UNH	New	UnitedHealth Group Inc.	$6,856,000	–	48,973	–	1.45%	–
PSA	Sell	Public Storage Inc.	$6,717,000	-35.3%	30,105	-25.9%	1.42%	+46.9%
WFC	Sell	Wells Fargo & Co.	$6,716,000	-64.4%	151,675	-62.0%	1.42%	-19.2%
T	New	AT&T Corp.	$6,642,000	–	163,569	–	1.40%	–
PFE	New	Pfizer Inc.	$6,581,000	–	194,306	–	1.39%	–
DOW	Sell	Dow Chemical Co.	$6,514,000	-51.8%	125,682	-53.7%	1.38%	+9.5%
NVR	Sell	NVR Inc.	$6,146,000	-60.7%	3,748	-57.4%	1.30%	-10.9%
BMY	Sell	Bristol Myers Squibb	$5,880,000	-70.3%	109,060	-59.6%	1.24%	-32.8%
CEO	Sell	CNOOC Limited ADR	$5,827,000	-57.2%	46,073	-57.8%	1.23%	-2.9%
PCLN	New	Priceline Group Inc.	$5,150,000	–	3,500	–	1.09%	–
HST	New	Host Hotels and Resorts	$5,065,000	–	325,350	–	1.07%	–
JPM	New	J. P. Morgan	$3,715,000	–	55,795	–	0.78%	–
TGT	Sell	Target Corp.	$3,433,000	-38.7%	49,986	-37.7%	0.72%	+39.2%
FL	Sell	Foot Locker, Inc.	$3,316,000	-81.3%	48,978	-84.8%	0.70%	-57.6%
STI	Sell	SunTrust Banks Inc.	$3,074,000	-81.7%	70,190	-82.8%	0.65%	-58.5%
DAL	Sell	Delta Air Lines	$2,295,000	-85.0%	58,321	-86.1%	0.48%	-65.8%
MRK	Sell	Merck & Co.	$2,298,000	-0.9%	36,825	-8.5%	0.48%	+124.5%
CELG	Sell	Celgene	$2,062,000	-80.7%	19,730	-81.8%	0.44%	-56.2%
IWR	Sell	IShares Russell Mid-Cap Index	$1,533,000	-13.8%	8,795	-16.9%	0.32%	+95.2%
EFA	Sell	MSCI EAFE ETF	$1,377,000	-11.6%	23,290	-16.5%	0.29%	+100.7%
D	Sell	Dominion Resources, Inc.	$1,261,000	-85.5%	16,980	-84.7%	0.27%	-67.0%
IM	Sell	Ingram Micro Inc.	$1,050,000	-54.6%	29,460	-55.7%	0.22%	+2.8%
GE	Sell	General Elec Co.	$1,002,000	-40.4%	33,859	-36.6%	0.21%	+35.9%
VLO	Sell	Valero Energy Corp.	$890,000	-86.1%	16,810	-86.6%	0.19%	-68.4%
GS	Sell	Goldman Sachs Group	$836,000	-92.0%	5,190	-92.7%	0.18%	-81.9%
IWM	Sell	R2000 ETF	$823,000	-20.0%	6,630	-25.9%	0.17%	+81.2%
KO	Sell	Coca-Cola Co.	$785,000	-9.1%	18,572	-2.6%	0.17%	+107.5%
KEY	Sell	KeyCorp	$577,000	-90.6%	47,430	-91.5%	0.12%	-78.7%
GILD	Sell	Gilead Sciences Inc.	$510,000	-80.3%	6,455	-79.2%	0.11%	-55.2%
KMI	Sell	Kinder Morgan Inc.	$505,000	-4.2%	21,860	-22.4%	0.11%	+118.4%
RS	Sell	Reliance Steel & Aluminum	$478,000	-76.1%	6,650	-74.5%	0.10%	-46.0%
MCHP	Buy	Microchip Technology Inc.	$444,000	+37.9%	7,160	+12.8%	0.09%	+213.3%
LOW	Sell	Lowe's Companies Inc.	$441,000	-10.4%	6,121	-1.7%	0.09%	+102.2%
GT	Sell	Goodyear Tire & Rubber	$436,000	-88.7%	13,525	-91.0%	0.09%	-74.4%
BBT	Sell	BB&T Corporation	$410,000	+4.9%	10,882	-1.1%	0.09%	+141.7%
CTSH	Sell	Cognizant Technology Solutions	$393,000	-97.9%	8,241	-97.5%	0.08%	-95.3%
SYF	Sell	Synchrony Financial	$386,000	-90.1%	13,800	-91.1%	0.08%	-77.5%
TJX	Sell	TJX Cos. Inc.	$383,000	-3.3%	5,128	-0.2%	0.08%	+118.9%
VWO	Sell	Vanguard Ftse Emerging	$374,000	-15.6%	9,955	-20.9%	0.08%	+92.7%
MFS	Sell	Manitowoc Foodservice	$356,000	-25.1%	22,000	-18.5%	0.08%	+70.5%
MCK	Sell	McKesson Corporation	$350,000	-97.8%	2,102	-97.5%	0.07%	-94.9%
HUM	Sell	Humana Inc.	$336,000	-2.0%	1,900	-0.5%	0.07%	+121.9%
BA	Sell	Boeing Co.	$324,000	-94.0%	2,462	-94.1%	0.07%	-86.4%
BAC	Sell	Bank Of America Corp	$308,000	-97.5%	19,728	-97.8%	0.06%	-94.2%
	Sell	DFA intl Core Eq Fdmmf	$302,000	-20.3%	25,661	-25.8%	0.06%	+82.9%
	Sell	DFA Inv. Dimension Grpmmf	$239,000	-10.2%	7,670	-16.1%	0.05%	+100.0%
SWKS	Sell	Skyworks Solutions Inc.	$236,000	-91.5%	3,110	-92.9%	0.05%	-80.5%
JBL	Sell	Jabil Circuit, Inc.	$217,000	-69.7%	9,975	-74.3%	0.05%	-31.3%
MTW	Sell	Manitowoc Inc Com	$191,000	-32.5%	40,000	-23.1%	0.04%	+53.8%
	Exit	DFA Emerg Mktmmf	$0	–	-11,845	–	-0.02%	–
	Exit	DFA US Core Equity 2mmf	$0	–	-13,046	–	-0.02%	–
ROST	Exit	Ross Stores Inc.	$0	–	-3,850	–	-0.02%	–
MYL	Exit	Mylan NV	$0	–	-11,790	–	-0.05%	–
KLAC	Exit	KLA-Tencor Corp.	$0	–	-15,950	–	-0.11%	–
	Exit	Van Eck Global Hrd Assetsmmf	$0	–	-33,980	–	-0.11%	–
	Exit	DFA Gloal Real Estatemmf	$0	–	-142,805	–	-0.15%	–
	Exit	DFA Large Cap Intlmmf	$0	–	-103,692	–	-0.18%	–
	Exit	Harbor Intl FD Instlmmf	$0	–	-33,476	–	-0.18%	–
	Exit	DFA Large Cap. Value Port.mmf	$0	–	-62,542	–	-0.18%	–
	Exit	Artisan Prtnrs Intl Fdmmf	$0	–	-73,020	–	-0.18%	–
	Exit	DFA Emerging Markets Port.mmf	$0	–	-102,552	–	-0.21%	–
SNX	Exit	SYNNEX Corporation	$0	–	-24,397	–	-0.22%	–
	Exit	DFA Emer. Mkt. Small Capmmf	$0	–	-123,129	–	-0.22%	–
	Exit	DFA Inv. Dim. Micrommf	$0	–	-147,188	–	-0.25%	–
	Exit	DFA Inv. US Small Cap.mmf	$0	–	-85,205	–	-0.25%	–
GEO	Exit	Geo Group Inc.	$0	–	-96,462	–	-0.31%	–
	Exit	DFA Dim. Grp. Intl. Small Cap.mmf	$0	–	-211,046	–	-0.33%	–
	Exit	Pimco Fds Pac Invt.mmf	$0	–	-360,545	–	-0.35%	–
	Exit	DFA 2 yr. Port.mmf	$0	–	-412,363	–	-0.38%	–
EQR	Exit	Equity Residential	$0	–	-121,875	–	-0.78%	–
	Exit	DFA Dimensional Invt.mmf	$0	–	-519,255	–	-0.79%	–
ANTM	Exit	Anthem Inc	$0	–	-133,031	–	-1.63%	–
HAIN	Exit	Hain Celestial Group Inc	$0	–	-508,191	–	-2.35%	–

Q2 2016

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$30,440,000	–	318,412	–	2.83%	–
VZ	New	Verizon Communications	$29,976,000	–	536,835	–	2.79%	–
GOOGL	New	Alphabet Inc. Class A	$27,749,000	–	39,443	–	2.58%	–
TSN	New	Tyson Foods, Inc.	$25,510,000	–	381,945	–	2.38%	–
HAIN	New	Hain Celestial Group Inc	$25,282,000	–	508,191	–	2.35%	–
CSC	New	Computer Sciences Corp.	$25,166,000	–	506,873	–	2.34%	–
FISV	New	Fiserv Inc.	$23,839,000	–	219,253	–	2.22%	–
DIS	New	Walt Disney Co.	$23,707,000	–	242,358	–	2.21%	–
CVS	New	CVS Health Corp	$22,726,000	–	237,375	–	2.12%	–
MDT	New	Medtronic PLC	$22,096,000	–	254,660	–	2.06%	–
HD	New	Home Depot Inc.	$21,889,000	–	171,425	–	2.04%	–
ABBV	New	AbbVie Inc.	$21,684,000	–	350,265	–	2.02%	–
CSCO	New	Cisco Systems	$21,218,000	–	739,562	–	1.98%	–
V	New	Visa Inc.	$21,181,000	–	285,583	–	1.97%	–
MSFT	New	Microsoft Corp.	$20,458,000	–	399,810	–	1.90%	–
BMY	New	Bristol Myers Squibb	$19,831,000	–	269,631	–	1.85%	–
AMGN	New	Amgen	$19,282,000	–	126,733	–	1.80%	–
CAH	New	Cardinal Health Inc.	$18,977,000	–	243,271	–	1.77%	–
WFC	New	Wells Fargo & Co.	$18,873,000	–	398,763	–	1.76%	–
CTSH	New	Cognizant Technology Solutions	$18,859,000	–	329,489	–	1.76%	–
USB	New	U.S. Bancorp	$18,390,000	–	456,003	–	1.71%	–
GD	New	General Dynamics	$18,255,000	–	131,110	–	1.70%	–
XOM	New	Exxon Mobil Corp.	$18,079,000	–	192,868	–	1.68%	–
ALL	New	Allstate	$17,889,000	–	255,750	–	1.67%	–
HAL	New	Halliburton Co.	$17,833,000	–	393,770	–	1.66%	–
FL	New	Foot Locker, Inc.	$17,721,000	–	323,027	–	1.65%	–
BRKB	New	Berkshire Hathaway Inc. Cl B	$17,721,000	–	122,395	–	1.65%	–
ANTM	New	Anthem Inc	$17,472,000	–	133,031	–	1.63%	–
EXC	New	Exelon Corp	$17,092,000	–	470,089	–	1.59%	–
STI	New	SunTrust Banks Inc.	$16,793,000	–	408,795	–	1.56%	–
F	New	Ford Motor Co.	$16,695,000	–	1,328,236	–	1.56%	–
FDX	New	FedEx Corp	$16,401,000	–	108,059	–	1.53%	–
SLB	New	Schlumberger Limited	$16,127,000	–	203,945	–	1.50%	–
ATVI	New	Activision Blizzard Inc.	$15,731,000	–	396,970	–	1.46%	–
MCK	New	McKesson Corporation	$15,686,000	–	84,042	–	1.46%	–
NVR	New	NVR Inc.	$15,647,000	–	8,789	–	1.46%	–
PSX	New	Phillips 66	$15,359,000	–	193,591	–	1.43%	–
IP	New	International Paper	$15,289,000	–	360,772	–	1.42%	–
DAL	New	Delta Air Lines	$15,255,000	–	418,760	–	1.42%	–
MMM	New	3M Company	$14,954,000	–	85,398	–	1.39%	–
QCOM	New	Qualcomm Inc.	$14,599,000	–	272,527	–	1.36%	–
TXT	New	Textron Inc.	$14,377,000	–	393,265	–	1.34%	–
CAT	New	Caterpillar Inc Del	$13,882,000	–	183,124	–	1.29%	–
CEO	New	CNOOC Limited ADR	$13,618,000	–	109,242	–	1.27%	–
DOW	New	Dow Chemical Co.	$13,502,000	–	271,629	–	1.26%	–
CVX	New	Chevron Corp	$12,581,000	–	120,017	–	1.17%	–
BAC	New	Bank Of America Corp	$12,092,000	–	911,233	–	1.13%	–
AJG	New	Arthur J. Gallagher & Co.	$11,060,000	–	232,354	–	1.03%	–
CELG	New	Celgene	$10,694,000	–	108,426	–	1.00%	–
GS	New	Goldman Sachs Group	$10,493,000	–	70,628	–	0.98%	–
PSA	New	Public Storage Inc.	$10,379,000	–	40,611	–	0.97%	–
JNJ	New	Johnson & Johnson	$8,873,000	–	73,154	–	0.83%	–
LRCX	New	Lam Research	$8,838,000	–	105,143	–	0.82%	–
D	New	Dominion Resources, Inc.	$8,667,000	–	111,224	–	0.81%	–
	New	DFA Dimensional Invt.mmf	$8,510,000	–	519,255	–	0.79%	–
EQR	New	Equity Residential	$8,394,000	–	121,875	–	0.78%	–
VLO	New	Valero Energy Corp.	$6,380,000	–	125,107	–	0.59%	–
KEY	New	KeyCorp	$6,156,000	–	557,192	–	0.57%	–
TGT	New	Target Corp.	$5,600,000	–	80,217	–	0.52%	–
BA	New	Boeing Co.	$5,385,000	–	41,470	–	0.50%	–
	New	DFA 2 yr. Port.mmf	$4,115,000	–	412,363	–	0.38%	–
SYF	New	Synchrony Financial	$3,916,000	–	154,929	–	0.36%	–
GT	New	Goodyear Tire & Rubber	$3,853,000	–	150,159	–	0.36%	–
	New	Pimco Fds Pac Invt.mmf	$3,717,000	–	360,545	–	0.35%	–
	New	DFA Dim. Grp. Intl. Small Cap.mmf	$3,547,000	–	211,046	–	0.33%	–
GEO	New	Geo Group Inc.	$3,297,000	–	96,462	–	0.31%	–
SWKS	New	Skyworks Solutions Inc.	$2,764,000	–	43,680	–	0.26%	–
	New	DFA Inv. US Small Cap.mmf	$2,669,000	–	85,205	–	0.25%	–
	New	DFA Inv. Dim. Micrommf	$2,640,000	–	147,188	–	0.25%	–
GILD	New	Gilead Sciences Inc.	$2,590,000	–	31,057	–	0.24%	–
	New	DFA Emer. Mkt. Small Capmmf	$2,332,000	–	123,129	–	0.22%	–
IM	New	Ingram Micro Inc.	$2,315,000	–	66,575	–	0.22%	–
MRK	New	Merck & Co.	$2,319,000	–	40,255	–	0.22%	–
SNX	New	SYNNEX Corporation	$2,313,000	–	24,397	–	0.22%	–
	New	DFA Emerging Markets Port.mmf	$2,301,000	–	102,552	–	0.21%	–
RS	New	Reliance Steel & Aluminum	$2,004,000	–	26,060	–	0.19%	–
	New	DFA Large Cap. Value Port.mmf	$1,984,000	–	62,542	–	0.18%	–
	New	Artisan Prtnrs Intl Fdmmf	$1,991,000	–	73,020	–	0.18%	–
	New	Harbor Intl FD Instlmmf	$1,966,000	–	33,476	–	0.18%	–
	New	DFA Large Cap Intlmmf	$1,950,000	–	103,692	–	0.18%	–
IWR	New	IShares Russell Mid-Cap Index	$1,779,000	–	10,580	–	0.17%	–
GE	New	General Elec Co.	$1,680,000	–	53,376	–	0.16%	–
	New	DFA Gloal Real Estatemmf	$1,650,000	–	142,805	–	0.15%	–
EFA	New	MSCI EAFE ETF	$1,557,000	–	27,900	–	0.14%	–
SPG	New	Simon PPTY Group	$1,301,000	–	6,000	–	0.12%	–
	New	Van Eck Global Hrd Assetsmmf	$1,173,000	–	33,980	–	0.11%	–
KLAC	New	KLA-Tencor Corp.	$1,168,000	–	15,950	–	0.11%	–
IWM	New	R2000 ETF	$1,029,000	–	8,950	–	0.10%	–
GOOG	New	Alphabet Class-C Share	$863,000	–	1,248	–	0.08%	–
KO	New	Coca-Cola Co.	$864,000	–	19,072	–	0.08%	–
JBL	New	Jabil Circuit, Inc.	$716,000	–	38,775	–	0.07%	–
KMI	New	Kinder Morgan Inc.	$527,000	–	28,153	–	0.05%	–
MYL	New	Mylan NV	$509,000	–	11,790	–	0.05%	–
CARO	New	Carolina Financial Group	$493,000	–	26,400	–	0.05%	–
LOW	New	Lowe's Companies Inc.	$492,000	–	6,226	–	0.05%	–
MFS	New	Manitowoc Foodservice	$475,000	–	27,000	–	0.04%	–
VWO	New	Vanguard Ftse Emerging	$443,000	–	12,585	–	0.04%	–
FBNC	New	First Bancorp NC	$411,000	–	23,386	–	0.04%	–
TJX	New	TJX Cos. Inc.	$396,000	–	5,138	–	0.04%	–
SBUX	New	Starbucks Corp.	$383,000	–	6,714	–	0.04%	–
BBT	New	BB&T Corporation	$391,000	–	11,002	–	0.04%	–
	New	DFA intl Core Eq Fdmmf	$379,000	–	34,590	–	0.04%	–
HUM	New	Humana Inc.	$343,000	–	1,910	–	0.03%	–
MCHP	New	Microchip Technology Inc.	$322,000	–	6,350	–	0.03%	–
SWJCL	New	Stanley Black & Decker 5.75%pfd	$317,000	–	12,000	–	0.03%	–
EWJ	New	Japan (iShares MSCI Index)	$312,000	–	27,200	–	0.03%	–
BBTPRF	New	BB&T Pfd 5.2%pfd	$309,000	–	12,000	–	0.03%	–
MTW	New	Manitowoc Inc Com	$283,000	–	52,000	–	0.03%	–
	New	DFA Inv. Dimension Grpmmf	$266,000	–	9,138	–	0.02%	–
WDC	New	Western Digital Corp.	$254,000	–	5,375	–	0.02%	–
ROST	New	Ross Stores Inc.	$218,000	–	3,850	–	0.02%	–
	New	DFA US Core Equity 2mmf	$218,000	–	13,046	–	0.02%	–
	New	DFA Core Equity 2mmf	$199,000	–	11,910	–	0.02%	–
	New	DFA Emerg Mktmmf	$202,000	–	11,845	–	0.02%	–
NEEPRHCL	New	Nextera Energy Cap Pfd 5.625pfd	$208,000	–	8,000	–	0.02%	–

Q4 2015

			Value		Shares		↓ Weighting
EGYF	Exit	Energy Finders Inc.	$0	–	-10,000	–	0.00%	–
MWW	Exit	Monster Worldwide	$0	–	-10,000	–	-0.01%	–
	Exit	DFA Intl. Value Port.mmf	$0	–	-10,865	–	-0.02%	–
	Exit	DFA Inv. US Small Cap.mmf	$0	–	-6,397	–	-0.02%	–
	Exit	DFA Inv. Dim. Micrommf	$0	–	-11,130	–	-0.02%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-3,105	–	-0.02%	–
ESRX	Exit	Express Scripts, Inc.	$0	–	-2,575	–	-0.02%	–
PNW	Exit	Pinnacle West Capital	$0	–	-3,945	–	-0.02%	–
BUD	Exit	Anheuser-Busch InBev	$0	–	-2,360	–	-0.02%	–
ADS	Exit	Alliance Data Systems	$0	–	-1,132	–	-0.03%	–
BBTPRF	Exit	BB&T Pfd 5.2%pfd	$0	–	-12,000	–	-0.03%	–
SWJCL	Exit	Stanley Black & Decker 5.75%pfd	$0	–	-12,000	–	-0.03%	–
JPM	Exit	J. P. Morgan	$0	–	-5,020	–	-0.03%	–
EWJ	Exit	Japan (iShares MSCI Index)	$0	–	-27,900	–	-0.03%	–
SANM	Exit	Sanmina Corp.	$0	–	-15,750	–	-0.03%	–
	Exit	DFA Core Equity 2mmf	$0	–	-22,289	–	-0.04%	–
BHI	Exit	Baker Hughes Inc.	$0	–	-7,125	–	-0.04%	–
HUM	Exit	Humana Inc.	$0	–	-2,195	–	-0.04%	–
CARO	Exit	Carolina Financial Group	$0	–	-26,400	–	-0.04%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-6,828	–	-0.04%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-5,953	–	-0.04%	–
FBNC	Exit	First Bancorp NC	$0	–	-24,886	–	-0.04%	–
MMM	Exit	3M Company	$0	–	-2,979	–	-0.04%	–
SBUX	Exit	Starbucks Corp.	$0	–	-7,740	–	-0.04%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-6,601	–	-0.04%	–
PTC	Exit	PTC Inc.	$0	–	-14,650	–	-0.05%	–
PNM	Exit	PNM Resources Inc.	$0	–	-18,250	–	-0.05%	–
C	Exit	Citigroup Inc.	$0	–	-10,825	–	-0.05%	–
	Exit	DFA US Core Equity 2mmf	$0	–	-33,951	–	-0.05%	–
SPG	Exit	Simon PPTY Group	$0	–	-3,000	–	-0.06%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-19,288	–	-0.06%	–
	Exit	DFA Emerg Mktmmf	$0	–	-36,855	–	-0.06%	–
BBT	Exit	BB&T Corporation	$0	–	-16,877	–	-0.06%	–
WMT	Exit	Wal Mart Stores	$0	–	-9,612	–	-0.06%	–
MTW	Exit	Manitowoc Inc Com	$0	–	-46,500	–	-0.07%	–
COP	Exit	ConocoPhillips	$0	–	-15,323	–	-0.07%	–
SPY	Exit	Standard & Poors Depository Re	$0	–	-4,257	–	-0.08%	–
WDC	Exit	Western Digital Corp.	$0	–	-10,438	–	-0.08%	–
MCHP	Exit	Microchip Technology Inc.	$0	–	-20,210	–	-0.09%	–
VWO	Exit	Vanguard Emerging	$0	–	-27,695	–	-0.09%	–
IJH	Exit	S&P 400 ETF	$0	–	-7,718	–	-0.10%	–
	Exit	DFA intl Core Eq Fdmmf	$0	–	-105,334	–	-0.12%	–
KO	Exit	Coca-Cola Co.	$0	–	-43,181	–	-0.17%	–
GOOG	Exit	Alphabet Class-C Share	$0	–	-3,197	–	-0.19%	–
IWM	Exit	R2000 ETF	$0	–	-21,994	–	-0.24%	–
IWR	Exit	IShares Russell Mid-Cap Index	$0	–	-16,926	–	-0.26%	–
ORCL	Exit	Oracle Systems Corp	$0	–	-73,380	–	-0.26%	–
KMI	Exit	Kinder Morgan Inc.	$0	–	-100,360	–	-0.28%	–
EFA	Exit	MSCI EAFE ETF	$0	–	-51,747	–	-0.30%	–
ALL	Exit	Allstate	$0	–	-51,450	–	-0.30%	–
NVR	Exit	NVR Inc.	$0	–	-4,296	–	-0.65%	–
JBL	Exit	Jabil Circuit, Inc.	$0	–	-295,015	–	-0.66%	–
GE	Exit	General Elec Co.	$0	–	-319,977	–	-0.80%	–
LNC	Exit	Lincoln National Corporation	$0	–	-178,438	–	-0.84%	–
QCOM	Exit	Qualcomm Inc.	$0	–	-215,312	–	-1.15%	–
CSC	Exit	Computer Sciences Corp.	$0	–	-188,877	–	-1.16%	–
BAC	Exit	Bank Of America Corp	$0	–	-751,652	–	-1.17%	–
EAT	Exit	Brinker International	$0	–	-237,700	–	-1.25%	–
CEO	Exit	CNOOC Limited ADR	$0	–	-128,304	–	-1.32%	–
RS	Exit	Reliance Steel & Aluminum	$0	–	-253,625	–	-1.36%	–
WRK	Exit	Westrock Co	$0	–	-285,427	–	-1.46%	–
GOOGL	Exit	Alphabet Inc. Class A	$0	–	-23,361	–	-1.48%	–
MYL	Exit	Mylan NV	$0	–	-372,008	–	-1.49%	–
SLB	Exit	Schlumberger Limited	$0	–	-218,022	–	-1.50%	–
FISV	Exit	Fiserv Inc.	$0	–	-180,193	–	-1.55%	–
HAL	Exit	Halliburton Co.	$0	–	-445,957	–	-1.57%	–
PSX	Exit	Phillips 66	$0	–	-209,956	–	-1.61%	–
ADM	Exit	Archer Daniels Midland	$0	–	-390,563	–	-1.61%	–
AMP	Exit	Ameriprise Financial Inc.	$0	–	-148,729	–	-1.62%	–
FDX	Exit	FedEx Corp	$0	–	-115,574	–	-1.66%	–
TGT	Exit	Target Corp.	$0	–	-217,568	–	-1.70%	–
CMI	Exit	Cummins Engine	$0	–	-158,540	–	-1.71%	–
MCK	Exit	McKesson Corporation	$0	–	-93,488	–	-1.72%	–
GT	Exit	Goodyear Tire & Rubber	$0	–	-601,770	–	-1.76%	–
ABBV	Exit	AbbVie Inc.	$0	–	-326,987	–	-1.77%	–
D	Exit	Dominion Resources, Inc.	$0	–	-255,321	–	-1.79%	–
STI	Exit	SunTrust Banks Inc.	$0	–	-477,567	–	-1.82%	–
VLO	Exit	Valero Energy Corp.	$0	–	-306,835	–	-1.84%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-190,008	–	-1.86%	–
MDT	Exit	Medtronic PLC	$0	–	-281,223	–	-1.88%	–
BA	Exit	Boeing Co.	$0	–	-144,380	–	-1.88%	–
MRK	Exit	Merck & Co.	$0	–	-383,159	–	-1.88%	–
CELG	Exit	Celgene	$0	–	-175,734	–	-1.89%	–
SWKS	Exit	Skyworks Solutions Inc.	$0	–	-231,887	–	-1.94%	–
CAH	Exit	Cardinal Health Inc.	$0	–	-254,511	–	-1.95%	–
AMGN	Exit	Amgen	$0	–	-144,329	–	-1.99%	–
USB	Exit	U.S. Bancorp	$0	–	-492,374	–	-2.01%	–
GD	Exit	General Dynamics	$0	–	-150,335	–	-2.06%	–
CTSH	Exit	Cognizant Technology Solutions	$0	–	-332,562	–	-2.07%	–
FL	Exit	Foot Locker, Inc.	$0	–	-289,525	–	-2.08%	–
CSCO	Exit	Cisco Systems	$0	–	-797,215	–	-2.08%	–
IM	Exit	Ingram Micro Inc.	$0	–	-773,858	–	-2.10%	–
HD	Exit	Home Depot Inc.	$0	–	-184,218	–	-2.12%	–
CVS	Exit	CVS Health Corp	$0	–	-223,494	–	-2.15%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-502,146	–	-2.16%	–
MSFT	Exit	Microsoft Corp.	$0	–	-491,683	–	-2.17%	–
WFC	Exit	Wells Fargo & Co.	$0	–	-428,128	–	-2.19%	–
SYF	Exit	Synchrony Financial	$0	–	-702,449	–	-2.19%	–
V	Exit	Visa Inc.	$0	–	-320,180	–	-2.22%	–
GS	Exit	Goldman Sachs Group	$0	–	-132,049	–	-2.28%	–
DAL	Exit	Delta Air Lines	$0	–	-535,490	–	-2.39%	–
DIS	Exit	Walt Disney Co.	$0	–	-241,801	–	-2.46%	–
VZ	Exit	Verizon Communications	$0	–	-619,852	–	-2.69%	–
AAPL	Exit	Apple Inc.	$0	–	-303,530	–	-3.33%	–

Q3 2015

			Value		Shares		↓ Weighting
AAPL	Buy	Apple Inc.	$33,479,000	-6.7%	303,530	+6.0%	3.33%	+0.8%
VZ	Buy	Verizon Communications	$26,969,000	-1.6%	619,852	+5.4%	2.69%	+6.3%
DIS	Buy	Walt Disney Co.	$24,712,000	+1.2%	241,801	+13.0%	2.46%	+9.4%
DAL	Buy	Delta Air Lines	$24,027,000	+12.8%	535,490	+3.2%	2.39%	+21.8%
GS	Buy	Goldman Sachs Group	$22,944,000	-10.7%	132,049	+7.3%	2.28%	-3.5%
V	Sell	Visa Inc.	$22,303,000	-4.3%	320,180	-7.8%	2.22%	+3.4%
SYF	Sell	Synchrony Financial	$21,986,000	-6.6%	702,449	-1.8%	2.19%	+0.9%
WFC	Buy	Wells Fargo & Co.	$21,984,000	-5.0%	428,128	+4.1%	2.19%	+2.7%
MSFT	Sell	Microsoft Corp.	$21,761,000	-0.2%	491,683	-0.4%	2.17%	+7.9%
TSN	Sell	Tyson Foods, Inc.	$21,642,000	-1.1%	502,146	-2.2%	2.16%	+6.8%
CVS	Sell	CVS Health Corp	$21,562,000	-9.5%	223,494	-1.6%	2.15%	-2.2%
HD	Sell	Home Depot Inc.	$21,275,000	-1.1%	184,218	-4.8%	2.12%	+6.9%
IM	Buy	Ingram Micro Inc.	$21,079,000	+10.8%	773,858	+1.8%	2.10%	+19.7%
CSCO	Buy	Cisco Systems	$20,926,000	-1.9%	797,215	+2.6%	2.08%	+6.0%
FL	Sell	Foot Locker, Inc.	$20,837,000	-2.0%	289,525	-8.8%	2.08%	+5.9%
CTSH	Buy	Cognizant Technology Solutions	$20,821,000	+12.1%	332,562	+9.4%	2.07%	+21.1%
GD	Buy	General Dynamics	$20,738,000	-2.2%	150,335	+0.5%	2.06%	+5.7%
USB	Buy	U.S. Bancorp	$20,192,000	-5.3%	492,374	+0.2%	2.01%	+2.3%
AMGN	Buy	Amgen	$19,963,000	-2.1%	144,329	+8.6%	1.99%	+5.7%
CAH	Buy	Cardinal Health Inc.	$19,551,000	-4.6%	254,511	+3.9%	1.95%	+3.1%
SWKS	Buy	Skyworks Solutions Inc.	$19,527,000	-10.7%	231,887	+10.4%	1.94%	-3.4%
CELG	Sell	Celgene	$19,009,000	-8.7%	175,734	-2.3%	1.89%	-1.4%
MRK	Buy	Merck & Co.	$18,924,000	-8.2%	383,159	+5.9%	1.88%	-0.7%
BA	Buy	Boeing Co.	$18,906,000	+38.4%	144,380	+46.7%	1.88%	+49.6%
MDT	Sell	Medtronic PLC	$18,825,000	-10.0%	281,223	-0.4%	1.88%	-2.8%
GILD	Buy	Gilead Sciences Inc.	$18,656,000	-12.4%	190,008	+4.5%	1.86%	-5.3%
VLO	Sell	Valero Energy Corp.	$18,440,000	-4.1%	306,835	-0.1%	1.84%	+3.6%
STI	Buy	SunTrust Banks Inc.	$18,262,000	-10.6%	477,567	+0.5%	1.82%	-3.4%
D	Buy	Dominion Resources, Inc.	$17,969,000	+74.6%	255,321	+65.9%	1.79%	+88.7%
ABBV	Sell	AbbVie Inc.	$17,791,000	-19.7%	326,987	-0.9%	1.77%	-13.2%
GT	Buy	Goodyear Tire & Rubber	$17,649,000	-1.5%	601,770	+1.3%	1.76%	+6.5%
MCK	Buy	McKesson Corporation	$17,298,000	+14.2%	93,488	+38.7%	1.72%	+23.4%
CMI	Buy	Cummins Engine	$17,214,000	-14.6%	158,540	+3.2%	1.71%	-7.8%
TGT	Buy	Target Corp.	$17,113,000	+3.8%	217,568	+7.7%	1.70%	+12.1%
FDX	Buy	FedEx Corp	$16,640,000	+4.3%	115,574	+23.4%	1.66%	+12.7%
AMP	Buy	Ameriprise Financial Inc.	$16,230,000	-6.0%	148,729	+7.6%	1.62%	+1.6%
ADM	Buy	Archer Daniels Midland	$16,188,000	-3.9%	390,563	+11.8%	1.61%	+3.8%
PSX	Buy	Phillips 66	$16,133,000	+1.9%	209,956	+6.9%	1.61%	+10.1%
HAL	Buy	Halliburton Co.	$15,764,000	+0.4%	445,957	+22.3%	1.57%	+8.5%
FISV	Buy	Fiserv Inc.	$15,606,000	+5414.5%	180,193	+5161.1%	1.55%	+5876.9%
SLB	Buy	Schlumberger Limited	$15,036,000	-3.9%	218,022	+20.0%	1.50%	+3.7%
MYL	Buy	Mylan NV	$14,977,000	-28.9%	372,008	+19.9%	1.49%	-23.1%
GOOGL	New	Alphabet Inc. Class A	$14,912,000	–	23,361	–	1.48%	–
WRK	New	Westrock Co	$14,682,000	–	285,427	–	1.46%	–
RS	Buy	Reliance Steel & Aluminum	$13,698,000	-1.5%	253,625	+10.3%	1.36%	+6.4%
CEO	Buy	CNOOC Limited ADR	$13,225,000	-10.0%	128,304	+23.8%	1.32%	-2.8%
EAT	Sell	Brinker International	$12,519,000	-16.9%	237,700	-9.0%	1.25%	-10.2%
BAC	New	Bank Of America Corp	$11,710,000	–	751,652	–	1.17%	–
CSC	New	Computer Sciences Corp.	$11,593,000	–	188,877	–	1.16%	–
QCOM	Sell	Qualcomm Inc.	$11,568,000	-41.5%	215,312	-31.9%	1.15%	-36.8%
LNC	Sell	Lincoln National Corporation	$8,468,000	-53.2%	178,438	-41.6%	0.84%	-49.5%
GE	Buy	General Elec Co.	$8,069,000	+30.0%	319,977	+37.0%	0.80%	+40.6%
JBL	Sell	Jabil Circuit, Inc.	$6,599,000	-47.8%	295,015	-50.3%	0.66%	-43.6%
NVR	Buy	NVR Inc.	$6,552,000	+14.4%	4,296	+0.5%	0.65%	+23.5%
ALL	Sell	Allstate	$2,996,000	-85.5%	51,450	-83.9%	0.30%	-84.4%
EFA	Sell	MSCI EAFE ETF	$2,966,000	-22.1%	51,747	-13.7%	0.30%	-16.0%
KMI	Sell	Kinder Morgan Inc.	$2,777,000	-29.5%	100,360	-2.2%	0.28%	-23.7%
ORCL	Sell	Oracle Systems Corp	$2,650,000	-87.1%	73,380	-85.7%	0.26%	-86.1%
IWR	Sell	IShares Russell Mid-Cap Index	$2,633,000	-10.9%	16,926	-2.4%	0.26%	-3.7%
IWM	Sell	R2000 ETF	$2,401,000	-20.0%	21,994	-8.5%	0.24%	-13.4%
GOOG	New	Alphabet Class-C Share	$1,945,000	–	3,197	–	0.19%	–
KO	Sell	Coca-Cola Co.	$1,732,000	-0.7%	43,181	-2.9%	0.17%	+6.8%
	Sell	DFA intl Core Eq Fdmmf	$1,160,000	-27.5%	105,334	-19.0%	0.12%	-21.6%
IJH	Sell	S&P 400 ETF	$1,054,000	-27.1%	7,718	-20.0%	0.10%	-21.1%
VWO	Sell	Vanguard Emerging	$916,000	-32.8%	27,695	-17.0%	0.09%	-27.8%
MCHP	Sell	Microchip Technology Inc.	$870,000	-66.3%	20,210	-62.8%	0.09%	-63.4%
WDC	Sell	Western Digital Corp.	$829,000	-44.8%	10,438	-45.5%	0.08%	-39.9%
SPY	New	Standard & Poors Depository Re	$815,000	–	4,257	–	0.08%	–
COP	Sell	ConocoPhillips	$734,000	-63.8%	15,323	-53.7%	0.07%	-61.0%
WMT	Sell	Wal Mart Stores	$623,000	-77.5%	9,612	-75.4%	0.06%	-75.8%
BBT	Sell	BB&T Corporation	$600,000	-14.5%	16,877	-3.2%	0.06%	-7.7%
	Sell	DFA Emerg Mktmmf	$586,000	-33.3%	36,855	-19.1%	0.06%	-28.4%
	Sell	DFA Inv. Dimension Grpmmf	$561,000	-32.4%	19,288	-24.8%	0.06%	-26.3%
	Sell	DFA US Core Equity 2mmf	$546,000	-24.7%	33,951	-16.8%	0.05%	-19.4%
C	Sell	Citigroup Inc.	$537,000	-78.3%	10,825	-75.9%	0.05%	-76.8%
PNM	Sell	PNM Resources Inc.	$511,000	-85.9%	18,250	-87.6%	0.05%	-84.7%
PTC	Sell	PTC Inc.	$464,000	-81.7%	14,650	-76.3%	0.05%	-80.3%
LOW	Sell	Lowe's Companies Inc.	$454,000	-8.3%	6,601	-10.8%	0.04%	-2.2%
SBUX	Sell	Starbucks Corp.	$439,000	-9.1%	7,740	-14.2%	0.04%	-2.2%
MMM	Sell	3M Company	$422,000	-22.0%	2,979	-15.2%	0.04%	-16.0%
TJX	Sell	TJX Cos. Inc.	$425,000	-13.3%	5,953	-19.7%	0.04%	-6.7%
CARO	Buy	Carolina Financial Group	$403,000	+10.7%	26,400	+20.0%	0.04%	+17.6%
BMY	Sell	Bristol Myers Squibb	$404,000	-25.9%	6,828	-16.7%	0.04%	-20.0%
HUM	Sell	Humana Inc.	$392,000	-13.8%	2,195	-7.8%	0.04%	-7.1%
BHI	Sell	Baker Hughes Inc.	$370,000	-47.4%	7,125	-37.6%	0.04%	-43.1%
	Sell	DFA Core Equity 2mmf	$358,000	-38.6%	22,289	-32.1%	0.04%	-33.3%
SANM	Sell	Sanmina Corp.	$336,000	-71.8%	15,750	-73.4%	0.03%	-70.0%
EWJ	Buy	Japan (iShares MSCI Index)	$318,000	+28.2%	27,900	+43.8%	0.03%	+39.1%
JPM	Sell	J. P. Morgan	$306,000	-52.8%	5,020	-47.5%	0.03%	-50.0%
ADS	Sell	Alliance Data Systems	$293,000	-76.4%	1,132	-73.4%	0.03%	-74.6%
BUD	Sell	Anheuser-Busch InBev	$250,000	-81.2%	2,360	-78.6%	0.02%	-79.7%
PNW	Sell	Pinnacle West Capital	$253,000	-47.7%	3,945	-53.7%	0.02%	-44.4%
ESRX	Sell	Express Scripts, Inc.	$208,000	-18.8%	2,575	-10.6%	0.02%	-12.5%
CAT	Sell	Caterpillar Inc Del	$202,000	-92.7%	3,105	-90.5%	0.02%	-92.2%
	Sell	DFA Inv. US Small Cap.mmf	$201,000	-56.7%	6,397	-50.8%	0.02%	-53.5%
	Sell	DFA Intl. Value Port.mmf	$170,000	-57.1%	10,865	-49.3%	0.02%	-52.8%
ACI	Exit	Arch Coal Inc.	$0	–	-30,000	–	-0.00%	–
	Exit	Nuveen Short Term Bd Fdmmf	$0	–	-12,022	–	-0.01%	–
	Exit	Fidelity Advisor Real Estatemmf	$0	–	-14,480	–	-0.02%	–
CB	Exit	Chubb Corp	$0	–	-2,135	–	-0.02%	–
	Exit	MFS Equity Opportunities Fdmmf	$0	–	-6,992	–	-0.02%	–
	Exit	Nuveen Small Capmmf	$0	–	-4,596	–	-0.02%	–
	Exit	Franklin Custodian Fdsmmf	$0	–	-4,761	–	-0.02%	–
	Exit	MFS Ser. Tr. Grw. Fd.mmf	$0	–	-3,321	–	-0.02%	–
ROST	Exit	Ross Stores Inc.	$0	–	-5,080	–	-0.02%	–
IP	Exit	International Paper	$0	–	-5,320	–	-0.02%	–
XOM	Exit	Exxon Mobil Corp.	$0	–	-3,306	–	-0.02%	–
	Exit	Nuveen Symphony Large Capmmf	$0	–	-7,922	–	-0.02%	–
MRO	Exit	Marathon Oil Group	$0	–	-10,425	–	-0.02%	–
	Exit	Nuveen Santa Barbara Dvdmmf	$0	–	-7,488	–	-0.02%	–
PFE	Exit	Pfizer Inc.	$0	–	-8,727	–	-0.03%	–
IBM	Exit	Int'l. Business Machines	$0	–	-2,085	–	-0.03%	–
	Exit	Nuveen Symphony Mid-Cap Core Fmmf	$0	–	-11,435	–	-0.04%	–
LYB	Exit	Lyondell Basell Ind.	$0	–	-4,785	–	-0.05%	–
DD	Exit	Du Pont	$0	–	-7,740	–	-0.05%	–
RIG	Exit	Transocean LTD	$0	–	-32,885	–	-0.05%	–
PCP	Exit	Precision Castparts Corp.	$0	–	-3,492	–	-0.06%	–
UGI	Exit	UGI Corp.	$0	–	-24,114	–	-0.08%	–
UTX	Exit	United Technologies	$0	–	-7,546	–	-0.08%	–
CSX	Exit	CSX Corp.	$0	–	-25,990	–	-0.08%	–
GOOG	Exit	Google Cl C	$0	–	-2,447	–	-0.12%	–
GOOGL	Exit	Google Cl A	$0	–	-2,681	–	-0.13%	–
BWA	Exit	BorgWarner Inc.	$0	–	-30,115	–	-0.16%	–
SNDK	Exit	SanDisk Corp.	$0	–	-30,270	–	-0.16%	–
CVX	Exit	Chevron Corp	$0	–	-20,061	–	-0.18%	–
LRCX	Exit	Lam Research	$0	–	-27,900	–	-0.21%	–
UNP	Exit	Union Pacific Corp.	$0	–	-81,484	–	-0.72%	–
9207PS	Exit	Rock-Tenn Company	$0	–	-281,353	–	-1.56%	–

Q2 2015

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$35,899,000	–	286,223	–	3.31%	–
VZ	New	Verizon Communications	$27,408,000	–	588,041	–	2.53%	–
GS	New	Goldman Sachs Group	$25,696,000	–	123,074	–	2.37%	–
DIS	New	Walt Disney Co.	$24,416,000	–	213,915	–	2.25%	–
CVS	New	CVS Health Corp	$23,819,000	–	227,115	–	2.20%	–
SYF	New	Synchrony Financial	$23,545,000	–	715,011	–	2.17%	–
V	New	Visa Inc.	$23,316,000	–	347,231	–	2.15%	–
WFC	New	Wells Fargo & Co.	$23,139,000	–	411,444	–	2.13%	–
ABBV	New	AbbVie Inc.	$22,160,000	–	329,818	–	2.04%	–
TSN	New	Tyson Foods, Inc.	$21,891,000	–	513,525	–	2.02%	–
SWKS	New	Skyworks Solutions Inc.	$21,856,000	–	209,960	–	2.01%	–
MSFT	New	Microsoft Corp.	$21,798,000	–	493,738	–	2.01%	–
HD	New	Home Depot Inc.	$21,505,000	–	193,519	–	1.98%	–
CSCO	New	Cisco Systems	$21,328,000	–	776,724	–	1.97%	–
USB	New	U.S. Bancorp	$21,321,000	–	491,271	–	1.96%	–
DAL	New	Delta Air Lines	$21,309,000	–	518,730	–	1.96%	–
GILD	New	Gilead Sciences Inc.	$21,286,000	–	181,814	–	1.96%	–
FL	New	Foot Locker, Inc.	$21,271,000	–	317,439	–	1.96%	–
GD	New	General Dynamics	$21,195,000	–	149,591	–	1.95%	–
MYL	New	Mylan NV	$21,053,000	–	310,242	–	1.94%	–
MDT	New	Medtronic PLC	$20,928,000	–	282,434	–	1.93%	–
CELG	New	Celgene	$20,819,000	–	179,889	–	1.92%	–
ALL	New	Allstate	$20,669,000	–	318,632	–	1.90%	–
ORCL	New	Oracle Systems Corp	$20,609,000	–	511,410	–	1.90%	–
MRK	New	Merck & Co.	$20,604,000	–	361,933	–	1.90%	–
CAH	New	Cardinal Health Inc.	$20,493,000	–	244,993	–	1.89%	–
STI	New	SunTrust Banks Inc.	$20,433,000	–	474,976	–	1.88%	–
AMGN	New	Amgen	$20,400,000	–	132,887	–	1.88%	–
CMI	New	Cummins Engine	$20,161,000	–	153,684	–	1.86%	–
QCOM	New	Qualcomm Inc.	$19,789,000	–	315,978	–	1.82%	–
VLO	New	Valero Energy Corp.	$19,233,000	–	307,249	–	1.77%	–
IM	New	Ingram Micro Inc.	$19,030,000	–	760,315	–	1.75%	–
CTSH	New	Cognizant Technology Solutions	$18,572,000	–	304,018	–	1.71%	–
LNC	New	Lincoln National Corporation	$18,099,000	–	305,635	–	1.67%	–
GT	New	Goodyear Tire & Rubber	$17,913,000	–	594,132	–	1.65%	–
AMP	New	Ameriprise Financial Inc.	$17,268,000	–	138,227	–	1.59%	–
9207PS	New	Rock-Tenn Company	$16,937,000	–	281,353	–	1.56%	–
ADM	New	Archer Daniels Midland	$16,849,000	–	349,421	–	1.55%	–
TGT	New	Target Corp.	$16,491,000	–	202,024	–	1.52%	–
FDX	New	FedEx Corp	$15,954,000	–	93,632	–	1.47%	–
PSX	New	Phillips 66	$15,829,000	–	196,487	–	1.46%	–
HAL	New	Halliburton Co.	$15,706,000	–	364,674	–	1.45%	–
SLB	New	Schlumberger Limited	$15,654,000	–	181,627	–	1.44%	–
MCK	New	McKesson Corporation	$15,152,000	–	67,400	–	1.40%	–
EAT	New	Brinker International	$15,060,000	–	261,232	–	1.39%	–
CEO	New	CNOOC Limited ADR	$14,702,000	–	103,597	–	1.36%	–
RS	New	Reliance Steel & Aluminum	$13,908,000	–	229,976	–	1.28%	–
BA	New	Boeing Co.	$13,656,000	–	98,445	–	1.26%	–
JBL	New	Jabil Circuit, Inc.	$12,630,000	–	593,259	–	1.16%	–
D	New	Dominion Resources, Inc.	$10,290,000	–	153,890	–	0.95%	–
UNP	New	Union Pacific Corp.	$7,771,000	–	81,484	–	0.72%	–
GE	New	General Elec Co.	$6,205,000	–	233,561	–	0.57%	–
NVR	New	NVR Inc.	$5,727,000	–	4,274	–	0.53%	–
KMI	New	Kinder Morgan Inc.	$3,937,000	–	102,577	–	0.36%	–
EFA	New	MSCI EAFE ETF	$3,806,000	–	59,957	–	0.35%	–
PNM	New	PNM Resources Inc.	$3,615,000	–	146,975	–	0.33%	–
IWM	New	R2000 ETF	$3,000,000	–	24,029	–	0.28%	–
IWR	New	IShares Russell Mid-Cap Index	$2,954,000	–	17,346	–	0.27%	–
CAT	New	Caterpillar Inc Del	$2,786,000	–	32,855	–	0.26%	–
WMT	New	Wal Mart Stores	$2,775,000	–	39,137	–	0.26%	–
MCHP	New	Microchip Technology Inc.	$2,579,000	–	54,383	–	0.24%	–
PTC	New	PTC Inc.	$2,536,000	–	61,825	–	0.23%	–
C	New	Citigroup Inc.	$2,478,000	–	44,860	–	0.23%	–
LRCX	New	Lam Research	$2,269,000	–	27,900	–	0.21%	–
COP	New	ConocoPhillips	$2,030,000	–	33,060	–	0.19%	–
CVX	New	Chevron Corp	$1,935,000	–	20,061	–	0.18%	–
SNDK	New	SanDisk Corp.	$1,762,000	–	30,270	–	0.16%	–
KO	New	Coca-Cola Co.	$1,744,000	–	44,456	–	0.16%	–
BWA	New	BorgWarner Inc.	$1,711,000	–	30,115	–	0.16%	–
	New	DFA intl Core Eq Fdmmf	$1,601,000	–	129,983	–	0.15%	–
WDC	New	Western Digital Corp.	$1,501,000	–	19,147	–	0.14%	–
IJH	New	S&P 400 ETF	$1,446,000	–	9,643	–	0.13%	–
GOOGL	New	Google Cl A	$1,447,000	–	2,681	–	0.13%	–
VWO	New	Vanguard Emerging	$1,364,000	–	33,385	–	0.13%	–
BUD	New	Anheuser-Busch InBev	$1,330,000	–	11,030	–	0.12%	–
GOOG	New	Google Cl C	$1,273,000	–	2,447	–	0.12%	–
ADS	New	Alliance Data Systems	$1,241,000	–	4,251	–	0.11%	–
SANM	New	Sanmina Corp.	$1,192,000	–	59,150	–	0.11%	–
MTW	New	Manitowoc Inc Com	$911,000	–	46,500	–	0.08%	–
	New	DFA Emerg Mktmmf	$879,000	–	45,574	–	0.08%	–
CSX	New	CSX Corp.	$848,000	–	25,990	–	0.08%	–
UTX	New	United Technologies	$837,000	–	7,546	–	0.08%	–
UGI	New	UGI Corp.	$830,000	–	24,114	–	0.08%	–
	New	DFA Inv. Dimension Grpmmf	$830,000	–	25,648	–	0.08%	–
	New	DFA US Core Equity 2mmf	$725,000	–	40,825	–	0.07%	–
BBT	New	BB&T Corporation	$702,000	–	17,427	–	0.06%	–
BHI	New	Baker Hughes Inc.	$704,000	–	11,425	–	0.06%	–
PCP	New	Precision Castparts Corp.	$697,000	–	3,492	–	0.06%	–
JPM	New	J. P. Morgan	$648,000	–	9,570	–	0.06%	–
	New	DFA Core Equity 2mmf	$583,000	–	32,812	–	0.05%	–
BMY	New	Bristol Myers Squibb	$545,000	–	8,200	–	0.05%	–
MMM	New	3M Company	$541,000	–	3,511	–	0.05%	–
RIG	New	Transocean LTD	$530,000	–	32,885	–	0.05%	–
SPG	New	Simon PPTY Group	$519,000	–	3,000	–	0.05%	–
DD	New	Du Pont	$494,000	–	7,740	–	0.05%	–
LYB	New	Lyondell Basell Ind.	$495,000	–	4,785	–	0.05%	–
LOW	New	Lowe's Companies Inc.	$495,000	–	7,401	–	0.05%	–
PNW	New	Pinnacle West Capital	$484,000	–	8,520	–	0.04%	–
TJX	New	TJX Cos. Inc.	$490,000	–	7,413	–	0.04%	–
SBUX	New	Starbucks Corp.	$483,000	–	9,020	–	0.04%	–
	New	DFA Inv. US Small Cap.mmf	$464,000	–	12,998	–	0.04%	–
HUM	New	Humana Inc.	$455,000	–	2,380	–	0.04%	–
	New	Nuveen Symphony Mid-Cap Core Fmmf	$425,000	–	11,435	–	0.04%	–
FBNC	New	First Bancorp NC	$415,000	–	24,886	–	0.04%	–
	New	DFA Intl. Value Port.mmf	$396,000	–	21,410	–	0.04%	–
CARO	New	Carolina Financial Group	$364,000	–	22,000	–	0.03%	–
IBM	New	Int'l. Business Machines	$339,000	–	2,085	–	0.03%	–
SWJCL	New	Stanley Black & Decker 5.75%pfd	$297,000	–	12,000	–	0.03%	–
PFE	New	Pfizer Inc.	$292,000	–	8,727	–	0.03%	–
FISV	New	Fiserv Inc.	$283,000	–	3,425	–	0.03%	–
	New	Nuveen Symphony Large Capmmf	$268,000	–	7,922	–	0.02%	–
	New	Nuveen Santa Barbara Dvdmmf	$266,000	–	7,488	–	0.02%	–
MRO	New	Marathon Oil Group	$276,000	–	10,425	–	0.02%	–
XOM	New	Exxon Mobil Corp.	$275,000	–	3,306	–	0.02%	–
BBTPRF	New	BB&T Pfd 5.2%pfd	$276,000	–	12,000	–	0.02%	–
ESRX	New	Express Scripts, Inc.	$256,000	–	2,880	–	0.02%	–
IP	New	International Paper	$253,000	–	5,320	–	0.02%	–
ROST	New	Ross Stores Inc.	$246,000	–	5,080	–	0.02%	–
EWJ	New	Japan (iShares MSCI Index)	$248,000	–	19,400	–	0.02%	–
	New	Franklin Custodian Fdsmmf	$235,000	–	4,761	–	0.02%	–
	New	MFS Ser. Tr. Grw. Fd.mmf	$234,000	–	3,321	–	0.02%	–
	New	DFA Inv. Dim. Micrommf	$223,000	–	11,130	–	0.02%	–
CB	New	Chubb Corp	$203,000	–	2,135	–	0.02%	–
	New	MFS Equity Opportunities Fdmmf	$204,000	–	6,992	–	0.02%	–
	New	Nuveen Small Capmmf	$206,000	–	4,596	–	0.02%	–
	New	Fidelity Advisor Real Estatemmf	$165,000	–	14,480	–	0.02%	–
	New	Nuveen Short Term Bd Fdmmf	$119,000	–	12,022	–	0.01%	–
MWW	New	Monster Worldwide	$65,000	–	10,000	–	0.01%	–
ACI	New	Arch Coal Inc.	$10,000	–	30,000	–	0.00%	–
EGYF	New	Energy Finders Inc.	$0	–	10,000	–	0.00%	–

Q4 2014

			Value		Shares		↓ Weighting
EGYF	Exit	Energy Finders Inc.	$0	–	-10,000	–	0.00%	–
	Exit	Templeton Global Bond Fd-Ammf	$0	–	-11,738	–	-0.01%	–
	Exit	Franklin Cust Fd Income Cl Ammf	$0	–	-70,208	–	-0.02%	–
F	Exit	Ford Motor Co.	$0	–	-12,655	–	-0.02%	–
ROST	Exit	Ross Stores Inc.	$0	–	-2,690	–	-0.02%	–
XEL	Exit	Xcel Energy Inc.	$0	–	-6,700	–	-0.02%	–
PG	Exit	Procter & Gamble	$0	–	-2,412	–	-0.02%	–
ACE	Exit	Ace Limited	$0	–	-1,975	–	-0.02%	–
JPMPRCCL	Exit	JP Morgan PFD C 6.7%pfd	$0	–	-8,100	–	-0.02%	–
HFC	Exit	HollyFrontier Corp.	$0	–	-4,765	–	-0.02%	–
IWC	Exit	Ishares Micro-Cap	$0	–	-3,022	–	-0.02%	–
	Exit	DFA Inv. Dim. Micrommf	$0	–	-11,292	–	-0.02%	–
	Exit	Principal MidCap Blendmmf	$0	–	-9,685	–	-0.02%	–
	Exit	Vanguard MidCap Fdmmf	$0	–	-4,578	–	-0.02%	–
	Exit	MFS Ser. Tr. Grw. Fd.mmf	$0	–	-3,321	–	-0.02%	–
	Exit	Franklin Custodian Fdsmmf	$0	–	-4,761	–	-0.02%	–
EWJ	Exit	Japan (iShares MSCI Index)	$0	–	-18,950	–	-0.02%	–
CB	Exit	Chubb Corp	$0	–	-2,596	–	-0.02%	–
ESRX	Exit	Express Scripts, Inc.	$0	–	-3,480	–	-0.02%	–
	Exit	Nuveen Symphony Large Capmmf	$0	–	-7,466	–	-0.02%	–
	Exit	Nuveen Santa Barbara Dvdmmf	$0	–	-7,188	–	-0.02%	–
BBTPRF	Exit	BB&T Pfd 5.2%pfd	$0	–	-12,000	–	-0.02%	–
	Exit	Fidelity Advisor Real Estatemmf	$0	–	-22,648	–	-0.02%	–
FISV	Exit	Fiserv Inc.	$0	–	-4,170	–	-0.02%	–
	Exit	Franklin Rising Dvd Fdmmf	$0	–	-5,483	–	-0.02%	–
DUK	Exit	Duke Energy Corp.	$0	–	-3,909	–	-0.03%	–
SWJCL	Exit	Stanley Black & Decker 5.75%pfd	$0	–	-12,000	–	-0.03%	–
CARO	Exit	Carolina Financial Group	$0	–	-11,000	–	-0.03%	–
KLAC	Exit	KLA-Tencor Corp.	$0	–	-4,030	–	-0.03%	–
	Exit	MFS Intl. Value Fundmmf	$0	–	-9,234	–	-0.03%	–
XOM	Exit	Exxon Mobil Corp.	$0	–	-3,673	–	-0.03%	–
PFE	Exit	Pfizer Inc.	$0	–	-12,130	–	-0.03%	–
HUM	Exit	Humana Inc.	$0	–	-2,816	–	-0.03%	–
	Exit	DFA Invt. Grpmmf	$0	–	-22,547	–	-0.03%	–
	Exit	Nuveen Investment Trustmmf	$0	–	-11,429	–	-0.04%	–
	Exit	DFA Intl. Value Port.mmf	$0	–	-21,410	–	-0.04%	–
FBNC	Exit	First Bancorp NC	$0	–	-25,886	–	-0.04%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-7,862	–	-0.04%	–
NOV	Exit	National-Oilwell Varco Inc.	$0	–	-5,791	–	-0.04%	–
	Exit	DFA Inv. US Small Cap.mmf	$0	–	-12,998	–	-0.04%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-9,725	–	-0.04%	–
SBUX	Exit	Starbucks Corp.	$0	–	-7,050	–	-0.05%	–
COP	Exit	ConocoPhillips	$0	–	-7,505	–	-0.05%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-9,920	–	-0.05%	–
SPG	Exit	Simon PPTY Group	$0	–	-4,000	–	-0.06%	–
IP	Exit	International Paper	$0	–	-14,320	–	-0.06%	–
MMM	Exit	3M Company	$0	–	-5,004	–	-0.06%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-36,229	–	-0.06%	–
IBM	Exit	Int'l. Business Machines	$0	–	-4,382	–	-0.07%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-31,329	–	-0.08%	–
DD	Exit	Du Pont	$0	–	-13,452	–	-0.09%	–
	Exit	DFA Core Equity 2mmf	$0	–	-57,904	–	-0.09%	–
MTW	Exit	Manitowoc Inc Com	$0	–	-46,500	–	-0.10%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-103,394	–	-0.11%	–
VWO	Exit	Vanguard Emerging	$0	–	-30,995	–	-0.12%	–
FCX	Exit	Freeport McMoran Copper & Gold	$0	–	-40,625	–	-0.12%	–
IJH	Exit	S&P 400 ETF	$0	–	-10,295	–	-0.13%	–
JPM	Exit	J. P. Morgan	$0	–	-26,628	–	-0.14%	–
GOOG	Exit	Google Cl C	$0	–	-3,052	–	-0.16%	–
KO	Exit	Coca-Cola Co.	$0	–	-51,047	–	-0.20%	–
CSX	Exit	CSX Corp.	$0	–	-72,270	–	-0.21%	–
MRO	Exit	Marathon Oil Group	$0	–	-66,585	–	-0.22%	–
PNW	Exit	Pinnacle West Capital	$0	–	-48,606	–	-0.24%	–
IWR	Exit	IShares Russell Mid-Cap Index	$0	–	-17,511	–	-0.25%	–
IWM	Exit	R2000 ETF	$0	–	-25,964	–	-0.25%	–
WDC	Exit	Western Digital Corp.	$0	–	-33,758	–	-0.29%	–
EFA	Exit	MSCI EAFE ETF	$0	–	-53,952	–	-0.31%	–
NVR	Exit	NVR Inc.	$0	–	-3,374	–	-0.34%	–
BBT	Exit	BB&T Corporation	$0	–	-106,652	–	-0.36%	–
GOOGL	Exit	Google Cl A	$0	–	-8,147	–	-0.43%	–
UGI	Exit	UGI Corp.	$0	–	-148,907	–	-0.45%	–
4945SC	Exit	Kinder Morgan Energy Partners	$0	–	-56,710	–	-0.47%	–
UTX	Exit	United Technologies	$0	–	-52,467	–	-0.50%	–
J105SC	Exit	Conversant, Inc.	$0	–	-208,667	–	-0.64%	–
GE	Exit	General Elec Co.	$0	–	-315,635	–	-0.72%	–
CMI	Exit	Cummins Engine	$0	–	-68,200	–	-0.80%	–
SYF	Exit	Synchrony Financial	$0	–	-372,295	–	-0.82%	–
GT	Exit	Goodyear Tire & Rubber	$0	–	-475,143	–	-0.96%	–
MCHP	Exit	Microchip Technology Inc.	$0	–	-235,563	–	-0.99%	–
LRCX	Exit	Lam Research	$0	–	-170,510	–	-1.14%	–
PCP	Exit	Precision Castparts Corp.	$0	–	-58,029	–	-1.23%	–
LNC	Exit	Lincoln National Corporation	$0	–	-257,657	–	-1.23%	–
9207PS	Exit	Rock-Tenn Company	$0	–	-300,525	–	-1.28%	–
STI	Exit	SunTrust Banks Inc.	$0	–	-384,950	–	-1.31%	–
MYL	Exit	Mylan Labs	$0	–	-338,724	–	-1.38%	–
BUD	Exit	Anheuser-Busch InBev	$0	–	-153,176	–	-1.52%	–
LYB	Exit	Lyondell Basell Ind.	$0	–	-161,067	–	-1.56%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-182,268	–	-1.61%	–
FL	Exit	Foot Locker, Inc.	$0	–	-334,107	–	-1.66%	–
C	Exit	Citigroup Inc.	$0	–	-359,439	–	-1.66%	–
MDT	Exit	Medtronic Inc.	$0	–	-303,687	–	-1.68%	–
CAH	Exit	Cardinal Health Inc.	$0	–	-261,203	–	-1.75%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-185,642	–	-1.77%	–
GD	Exit	General Dynamics	$0	–	-157,343	–	-1.79%	–
ORCL	Exit	Oracle Systems Corp	$0	–	-523,860	–	-1.79%	–
IM	Exit	Ingram Micro Inc.	$0	–	-796,030	–	-1.84%	–
BWA	Exit	BorgWarner Inc.	$0	–	-390,638	–	-1.84%	–
MSFT	Exit	Microsoft Corp.	$0	–	-445,786	–	-1.85%	–
CVX	Exit	Chevron Corp	$0	–	-173,472	–	-1.85%	–
PSX	Exit	Phillips 66	$0	–	-256,039	–	-1.86%	–
UNP	Exit	Union Pacific Corp.	$0	–	-193,734	–	-1.88%	–
V	Exit	Visa Inc.	$0	–	-100,029	–	-1.91%	–
MRK	Exit	Merck & Co.	$0	–	-363,372	–	-1.92%	–
ABBV	Exit	AbbVie Inc.	$0	–	-374,559	–	-1.93%	–
AMGN	Exit	Amgen	$0	–	-156,473	–	-1.96%	–
VZ	Exit	Verizon Communications	$0	–	-443,825	–	-1.98%	–
DAL	Exit	Delta Air Lines	$0	–	-615,995	–	-1.99%	–
VLO	Exit	Valero Energy Corp.	$0	–	-481,416	–	-1.99%	–
USB	Exit	U.S. Bancorp	$0	–	-537,035	–	-2.01%	–
BHI	Exit	Baker Hughes Inc.	$0	–	-348,122	–	-2.02%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-584,778	–	-2.06%	–
WMT	Exit	Wal Mart Stores	$0	–	-302,040	–	-2.06%	–
CVS	Exit	CVS Health Corp	$0	–	-290,898	–	-2.07%	–
GS	Exit	Goldman Sachs Group	$0	–	-127,165	–	-2.09%	–
CELG	Exit	Celgene	$0	–	-251,338	–	-2.13%	–
HD	Exit	Home Depot Inc.	$0	–	-259,673	–	-2.13%	–
ALL	Exit	Allstate	$0	–	-389,778	–	-2.14%	–
CSCO	Exit	Cisco Systems	$0	–	-961,171	–	-2.16%	–
WFC	Exit	Wells Fargo & Co.	$0	–	-474,563	–	-2.20%	–
QCOM	Exit	Qualcomm Inc.	$0	–	-339,078	–	-2.26%	–
HAL	Exit	Halliburton Co.	$0	–	-395,367	–	-2.28%	–
DIS	Exit	Walt Disney Co.	$0	–	-291,278	–	-2.32%	–
PTC	Exit	PTC Inc.	$0	–	-707,835	–	-2.33%	–
SNDK	Exit	SanDisk Corp.	$0	–	-275,821	–	-2.41%	–
AAPL	Exit	Apple Inc.	$0	–	-457,512	–	-4.12%	–

Q3 2014

			Value		Shares		↓ Weighting
AAPL	Sell	Apple Inc.	$46,094,000	-0.7%	457,512	-8.4%	4.12%	-3.1%
SNDK	Sell	SanDisk Corp.	$27,016,000	-11.1%	275,821	-5.2%	2.41%	-13.3%
PTC	Buy	PTC Inc.	$26,119,000	-3.0%	707,835	+2.0%	2.33%	-5.4%
DIS	Sell	Walt Disney Co.	$25,932,000	-2.6%	291,278	-6.2%	2.32%	-5.0%
HAL	Buy	Halliburton Co.	$25,505,000	-6.2%	395,367	+3.3%	2.28%	-8.5%
QCOM	Buy	Qualcomm Inc.	$25,352,000	-2.7%	339,078	+3.1%	2.26%	-5.1%
WFC	Buy	Wells Fargo & Co.	$24,615,000	+1.5%	474,563	+2.9%	2.20%	-0.9%
CSCO	Buy	Cisco Systems	$24,192,000	+11.3%	961,171	+9.9%	2.16%	+8.6%
ALL	Buy	Allstate	$23,920,000	+5.1%	389,778	+0.6%	2.14%	+2.5%
HD	Sell	Home Depot Inc.	$23,822,000	+11.5%	259,673	-1.6%	2.13%	+8.8%
CELG	Sell	Celgene	$23,821,000	+4.8%	251,338	-5.0%	2.13%	+2.3%
GS	Sell	Goldman Sachs Group	$23,343,000	+4.9%	127,165	-4.3%	2.09%	+2.3%
CVS	Buy	CVS Health Corp	$23,152,000	+7.1%	290,898	+1.4%	2.07%	+4.4%
WMT	Buy	Wal Mart Stores	$23,096,000	+2.6%	302,040	+0.8%	2.06%	+0.1%
TSN	Buy	Tyson Foods, Inc.	$23,022,000	+11.0%	584,778	+5.8%	2.06%	+8.3%
BHI	Buy	Baker Hughes Inc.	$22,648,000	-2.8%	348,122	+11.3%	2.02%	-5.2%
USB	Buy	U.S. Bancorp	$22,464,000	+1.0%	537,035	+4.6%	2.01%	-1.5%
VLO	Buy	Valero Energy Corp.	$22,275,000	+12.7%	481,416	+22.0%	1.99%	+9.9%
DAL	Buy	Delta Air Lines	$22,268,000	-3.9%	615,995	+2.9%	1.99%	-6.2%
VZ	Buy	Verizon Communications	$22,186,000	+44.8%	443,825	+41.7%	1.98%	+41.2%
AMGN	Sell	Amgen	$21,978,000	+9.8%	156,473	-7.5%	1.96%	+7.1%
ABBV	Buy	AbbVie Inc.	$21,634,000	+10.0%	374,559	+7.5%	1.93%	+7.3%
MRK	Buy	Merck & Co.	$21,540,000	+3.2%	363,372	+0.7%	1.92%	+0.7%
V	Sell	Visa Inc.	$21,343,000	+0.3%	100,029	-1.0%	1.91%	-2.2%
UNP	Buy	Union Pacific Corp.	$21,004,000	+44.4%	193,734	+32.8%	1.88%	+40.8%
PSX	Buy	Phillips 66	$20,818,000	+22.9%	256,039	+21.5%	1.86%	+19.8%
CVX	Buy	Chevron Corp	$20,698,000	-6.8%	173,472	+1.9%	1.85%	-9.1%
MSFT	Buy	Microsoft Corp.	$20,666,000	+127.6%	445,786	+104.7%	1.85%	+122.0%
BWA	Buy	BorgWarner Inc.	$20,551,000	-12.3%	390,638	+8.6%	1.84%	-14.5%
IM	Buy	Ingram Micro Inc.	$20,545,000	+1.2%	796,030	+14.5%	1.84%	-1.3%
ORCL	Buy	Oracle Systems Corp	$20,053,000	+7.7%	523,860	+14.0%	1.79%	+5.0%
GD	Buy	General Dynamics	$19,996,000	+18.1%	157,343	+8.3%	1.79%	+15.2%
GILD	Sell	Gilead Sciences Inc.	$19,761,000	+24.4%	185,642	-3.1%	1.77%	+21.4%
CAH	Buy	Cardinal Health Inc.	$19,569,000	+13.2%	261,203	+3.6%	1.75%	+10.4%
MDT	Buy	Medtronic Inc.	$18,813,000	-1.0%	303,687	+1.9%	1.68%	-3.4%
C	Buy	Citigroup Inc.	$18,626,000	+17.6%	359,439	+6.8%	1.66%	+14.7%
FL	Buy	Foot Locker, Inc.	$18,593,000	+47.1%	334,107	+34.1%	1.66%	+43.4%
CAT	Buy	Caterpillar Inc Del	$18,050,000	-1.4%	182,268	+8.2%	1.61%	-3.8%
LYB	Buy	Lyondell Basell Ind.	$17,501,000	+17.4%	161,067	+5.5%	1.56%	+14.6%
BUD	Buy	Anheuser-Busch InBev	$16,979,000	+13.4%	153,176	+17.6%	1.52%	+10.6%
MYL	Buy	Mylan Labs	$15,408,000	-3.2%	338,724	+9.8%	1.38%	-5.5%
STI	Buy	SunTrust Banks Inc.	$14,639,000	+26.7%	384,950	+33.5%	1.31%	+23.6%
9207PS	Buy	Rock-Tenn Company	$14,298,000	+12.7%	300,525	+150.1%	1.28%	+10.0%
LNC	Buy	Lincoln National Corporation	$13,805,000	+40.3%	257,657	+34.7%	1.23%	+37.0%
PCP	New	Precision Castparts Corp.	$13,745,000	–	58,029	–	1.23%	–
LRCX	New	Lam Research	$12,737,000	–	170,510	–	1.14%	–
MCHP	New	Microchip Technology Inc.	$11,125,000	–	235,563	–	0.99%	–
GT	Buy	Goodyear Tire & Rubber	$10,731,000	-10.7%	475,143	+9.9%	0.96%	-12.9%
SYF	New	Synchrony Financial	$9,139,000	–	372,295	–	0.82%	–
CMI	New	Cummins Engine	$9,001,000	–	68,200	–	0.80%	–
GE	Sell	General Elec Co.	$8,086,000	-70.6%	315,635	-69.8%	0.72%	-71.3%
J105SC	Sell	Conversant, Inc.	$7,146,000	-57.0%	208,667	-68.1%	0.64%	-58.0%
UTX	Sell	United Technologies	$5,540,000	-77.2%	52,467	-75.0%	0.50%	-77.7%
4945SC	Sell	Kinder Morgan Energy Partners	$5,289,000	-58.7%	56,710	-63.6%	0.47%	-59.7%
UGI	New	UGI Corp.	$5,076,000	–	148,907	–	0.45%	–
GOOGL	Buy	Google Cl A	$4,793,000	+98.3%	8,147	+97.1%	0.43%	+93.7%
BBT	Sell	BB&T Corporation	$3,968,000	-80.7%	106,652	-79.6%	0.36%	-81.2%
NVR	Sell	NVR Inc.	$3,812,000	-39.9%	3,374	-38.8%	0.34%	-41.3%
EFA	Sell	MSCI EAFE ETF	$3,459,000	-8.3%	53,952	-2.3%	0.31%	-10.7%
WDC	Sell	Western Digital Corp.	$3,285,000	-11.6%	33,758	-16.2%	0.29%	-13.5%
IWM	Sell	R2000 ETF	$2,839,000	-10.1%	25,964	-2.4%	0.25%	-12.1%
IWR	Sell	IShares Russell Mid-Cap Index	$2,772,000	-4.7%	17,511	-2.1%	0.25%	-6.8%
PNW	Sell	Pinnacle West Capital	$2,655,000	-66.9%	48,606	-65.0%	0.24%	-67.8%
MRO	Sell	Marathon Oil Group	$2,502,000	-58.9%	66,585	-56.4%	0.22%	-59.9%
CSX	Sell	CSX Corp.	$2,316,000	-75.4%	72,270	-76.3%	0.21%	-76.0%
KO	Sell	Coca-Cola Co.	$2,177,000	-0.7%	51,047	-1.4%	0.20%	-3.0%
GOOG	Sell	Google Cl C	$1,762,000	-15.9%	3,052	-16.2%	0.16%	-18.2%
JPM	Sell	J. P. Morgan	$1,604,000	-44.5%	26,628	-46.9%	0.14%	-46.0%
IJH	Sell	S&P 400 ETF	$1,407,000	-10.4%	10,295	-6.3%	0.13%	-12.5%
FCX	Sell	Freeport McMoran Copper & Gold	$1,326,000	-32.4%	40,625	-24.4%	0.12%	-34.4%
VWO	Buy	Vanguard Emerging	$1,292,000	+2.5%	30,995	+6.0%	0.12%	0.0%
	Sell	DFA Inv. Dimension Grpmmf	$1,274,000	-9.3%	103,394	-1.9%	0.11%	-11.6%
	Sell	DFA Core Equity 2mmf	$980,000	-5.4%	57,904	-3.2%	0.09%	-7.4%
DD	Sell	Du Pont	$965,000	-12.5%	13,452	-20.2%	0.09%	-14.9%
	Sell	DFA Inv. Dimension Grpmmf	$927,000	-9.3%	31,329	-2.3%	0.08%	-11.7%
IBM	Sell	Int'l. Business Machines	$831,000	-74.8%	4,382	-75.9%	0.07%	-75.5%
	Sell	DFA Inv. Dimension Grpmmf	$723,000	-5.7%	36,229	-1.8%	0.06%	-7.1%
MMM	Sell	3M Company	$708,000	-8.9%	5,004	-7.8%	0.06%	-11.3%
IP	Buy	International Paper	$683,000	-5.3%	14,320	+0.2%	0.06%	-7.6%
TJX	Sell	TJX Cos. Inc.	$586,000	-35.5%	9,920	-42.0%	0.05%	-37.3%
COP	Buy	ConocoPhillips	$574,000	-4.7%	7,505	+6.9%	0.05%	-7.3%
SBUX	Sell	Starbucks Corp.	$531,000	-39.1%	7,050	-37.4%	0.05%	-41.2%
BMY	Sell	Bristol Myers Squibb	$497,000	-5.5%	9,725	-10.4%	0.04%	-8.3%
NOV	Sell	National-Oilwell Varco Inc.	$440,000	-24.5%	5,791	-18.2%	0.04%	-26.4%
LOW	Sell	Lowe's Companies Inc.	$416,000	-13.7%	7,862	-21.8%	0.04%	-15.9%
	New	Nuveen Investment Trustmmf	$391,000	–	11,429	–	0.04%	–
HUM	Sell	Humana Inc.	$366,000	-2.1%	2,816	-3.9%	0.03%	-2.9%
PFE	Sell	Pfizer Inc.	$358,000	-24.6%	12,130	-24.3%	0.03%	-27.3%
XOM	Sell	Exxon Mobil Corp.	$345,000	-64.1%	3,673	-61.5%	0.03%	-64.8%
	New	MFS Intl. Value Fundmmf	$314,000	–	9,234	–	0.03%	–
DUK	Buy	Duke Energy Corp.	$292,000	+7.7%	3,909	+6.9%	0.03%	+4.0%
	New	Franklin Rising Dvd Fdmmf	$272,000	–	5,483	–	0.02%	–
FISV	Sell	Fiserv Inc.	$269,000	+6.3%	4,170	-1.0%	0.02%	+4.3%
	New	Fidelity Advisor Real Estatemmf	$259,000	–	22,648	–	0.02%	–
ESRX	Sell	Express Scripts, Inc.	$245,000	-3.2%	3,480	-4.9%	0.02%	-4.3%
	New	Nuveen Santa Barbara Dvdmmf	$249,000	–	7,188	–	0.02%	–
	New	Nuveen Symphony Large Capmmf	$250,000	–	7,466	–	0.02%	–
CB	Sell	Chubb Corp	$236,000	-6.0%	2,596	-5.0%	0.02%	-8.7%
	New	Franklin Custodian Fdsmmf	$219,000	–	4,761	–	0.02%	–
	New	MFS Ser. Tr. Grw. Fd.mmf	$224,000	–	3,321	–	0.02%	–
	New	Vanguard MidCap Fdmmf	$209,000	–	4,578	–	0.02%	–
	Sell	DFA Inv. Dim. Micrommf	$213,000	-54.4%	11,292	-50.9%	0.02%	-55.8%
HFC	Sell	HollyFrontier Corp.	$208,000	-10.0%	4,765	-10.3%	0.02%	-9.5%
	New	Principal MidCap Blendmmf	$209,000	–	9,685	–	0.02%	–
ROST	Sell	Ross Stores Inc.	$203,000	-20.7%	2,690	-30.8%	0.02%	-21.7%
PG	Sell	Procter & Gamble	$201,000	-2.0%	2,412	-7.8%	0.02%	-5.3%
XEL	Sell	Xcel Energy Inc.	$203,000	-22.2%	6,700	-17.3%	0.02%	-25.0%
ACE	Sell	Ace Limited	$207,000	-48.1%	1,975	-48.7%	0.02%	-51.4%
F	New	Ford Motor Co.	$187,000	–	12,655	–	0.02%	–
	New	Franklin Cust Fd Income Cl Ammf	$174,000	–	70,208	–	0.02%	–
	New	Templeton Global Bond Fd-Ammf	$155,000	–	11,738	–	0.01%	–
	Exit	Vanguard MidCap Fdmmf	$0	–	-4,578	–	-0.02%	–
	Exit	Principal MidCap Blendmmf	$0	–	-9,685	–	-0.02%	–
WAG	Exit	Walgreen Co.	$0	–	-2,891	–	-0.02%	–
ADS	Exit	Alliance Data Systems	$0	–	-785	–	-0.02%	–
	Exit	DFA Dim. Grp. Intl. Small Cap.mmf	$0	–	-11,130	–	-0.02%	–
	Exit	Lord Abbett Aff Cl Ammf	$0	–	-13,854	–	-0.02%	–
FDX	Exit	FedEx Corp	$0	–	-1,575	–	-0.02%	–
CL	Exit	Colgate Palmolive	$0	–	-3,500	–	-0.02%	–
	Exit	DFA Invt. Dim. Small Cap Valuemmf	$0	–	-11,192	–	-0.02%	–
GM	Exit	General Motors	$0	–	-9,350	–	-0.03%	–
	Exit	DFA Real Estate Sec.mmf	$0	–	-12,937	–	-0.04%	–
DE	Exit	Deere & Co.	$0	–	-5,375	–	-0.04%	–
	Exit	Lord Abbet Inv Trmmf	$0	–	-168,233	–	-0.07%	–
	Exit	Rowe T Price Fdsmmf	$0	–	-115,872	–	-0.13%	–

Q2 2014

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$46,406,000	–	499,374	–	4.25%	–
SNDK	New	SanDisk Corp.	$30,387,000	–	290,988	–	2.78%	–
GE	New	General Elec Co.	$27,502,000	–	1,046,520	–	2.52%	–
HAL	New	Halliburton Co.	$27,189,000	–	382,900	–	2.49%	–
PTC	New	PTC Inc.	$26,916,000	–	693,722	–	2.47%	–
DIS	New	Walt Disney Co.	$26,637,000	–	310,672	–	2.44%	–
QCOM	New	Qualcomm Inc.	$26,052,000	–	328,941	–	2.39%	–
UTX	New	United Technologies	$24,256,000	–	210,104	–	2.22%	–
WFC	New	Wells Fargo & Co.	$24,248,000	–	461,346	–	2.22%	–
BWA	New	BorgWarner Inc.	$23,441,000	–	359,587	–	2.15%	–
BHI	New	Baker Hughes Inc.	$23,296,000	–	312,909	–	2.13%	–
DAL	New	Delta Air Lines	$23,169,000	–	598,385	–	2.12%	–
ALL	New	Allstate	$22,751,000	–	387,465	–	2.08%	–
CELG	New	Celgene	$22,722,000	–	264,582	–	2.08%	–
WMT	New	Wal Mart Stores	$22,503,000	–	299,766	–	2.06%	–
GS	New	Goldman Sachs Group	$22,253,000	–	132,904	–	2.04%	–
USB	New	U.S. Bancorp	$22,251,000	–	513,650	–	2.04%	–
CVX	New	Chevron Corp	$22,216,000	–	170,178	–	2.04%	–
CSCO	New	Cisco Systems	$21,730,000	–	874,457	–	1.99%	–
CVS	New	CVS Corp	$21,625,000	–	286,926	–	1.98%	–
HD	New	Home Depot Inc.	$21,367,000	–	263,921	–	1.96%	–
V	New	Visa Inc.	$21,282,000	–	101,003	–	1.95%	–
MRK	New	Merck & Co.	$20,875,000	–	360,854	–	1.91%	–
TSN	New	Tyson Foods, Inc.	$20,740,000	–	552,494	–	1.90%	–
BBT	New	BB&T Corporation	$20,564,000	–	521,547	–	1.88%	–
IM	New	Ingram Micro Inc.	$20,302,000	–	695,061	–	1.86%	–
AMGN	New	Amgen	$20,017,000	–	169,113	–	1.83%	–
VLO	New	Valero Energy Corp.	$19,772,000	–	394,658	–	1.81%	–
ABBV	New	AbbVie Inc.	$19,672,000	–	348,561	–	1.80%	–
MDT	New	Medtronic Inc.	$18,998,000	–	297,973	–	1.74%	–
ORCL	New	Oracle Systems Corp	$18,621,000	–	459,458	–	1.71%	–
CAT	New	Caterpillar Inc Del	$18,300,000	–	168,405	–	1.68%	–
CAH	New	Cardinal Health Inc.	$17,289,000	–	252,176	–	1.58%	–
PSX	New	Phillips 66	$16,945,000	–	210,680	–	1.55%	–
GD	New	General Dynamics	$16,936,000	–	145,313	–	1.55%	–
J105SC	New	Conversant, Inc.	$16,624,000	–	654,491	–	1.52%	–
MYL	New	Mylan Labs	$15,910,000	–	308,581	–	1.46%	–
GILD	New	Gilead Sciences Inc.	$15,886,000	–	191,608	–	1.46%	–
C	New	Citigroup Inc.	$15,844,000	–	336,407	–	1.45%	–
VZ	New	Verizon Communications	$15,325,000	–	313,215	–	1.40%	–
BUD	New	Anheuser-Busch InBev	$14,976,000	–	130,295	–	1.37%	–
LYB	New	Lyondell Basell Ind.	$14,901,000	–	152,603	–	1.36%	–
UNP	New	Union Pacific Corp.	$14,547,000	–	145,842	–	1.33%	–
4945SC	New	Kinder Morgan Energy Partners	$12,816,000	–	155,905	–	1.17%	–
9207PS	New	Rock-Tenn Company	$12,687,000	–	120,161	–	1.16%	–
FL	New	Foot Locker, Inc.	$12,636,000	–	249,143	–	1.16%	–
GT	New	Goodyear Tire & Rubber	$12,014,000	–	432,479	–	1.10%	–
STI	New	SunTrust Banks Inc.	$11,554,000	–	288,421	–	1.06%	–
LNC	New	Lincoln National Corporation	$9,838,000	–	191,261	–	0.90%	–
CSX	New	CSX Corp.	$9,410,000	–	305,437	–	0.86%	–
MSFT	New	Microsoft Corp.	$9,081,000	–	217,770	–	0.83%	–
PNW	New	Pinnacle West Capital	$8,028,000	–	138,804	–	0.74%	–
NVR	New	NVR Inc.	$6,346,000	–	5,516	–	0.58%	–
MRO	New	Marathon Oil Group	$6,091,000	–	152,605	–	0.56%	–
EFA	New	MSCI EAFE ETF	$3,774,000	–	55,212	–	0.35%	–
WDC	New	Western Digital Corp.	$3,716,000	–	40,263	–	0.34%	–
IBM	New	Int'l. Business Machines	$3,302,000	–	18,216	–	0.30%	–
IWM	New	R2000 ETF	$3,159,000	–	26,589	–	0.29%	–
IWR	New	IShares Russell Mid-Cap Index	$2,908,000	–	17,891	–	0.27%	–
JPM	New	J. P. Morgan	$2,891,000	–	50,181	–	0.26%	–
GOOGL	New	Google Cl A	$2,417,000	–	4,134	–	0.22%	–
KO	New	Coca-Cola Co.	$2,193,000	–	51,772	–	0.20%	–
GOOG	New	Google Cl C	$2,094,000	–	3,640	–	0.19%	–
FCX	New	Freeport McMoran Copper & Gold	$1,962,000	–	53,755	–	0.18%	–
IJH	New	S&P 400 ETF	$1,571,000	–	10,985	–	0.14%	–
MTW	New	Manitowoc Inc Com	$1,527,000	–	46,500	–	0.14%	–
	New	Rowe T Price Fdsmmf	$1,435,000	–	115,872	–	0.13%	–
	New	DFA Inv. Dimension Grpmmf	$1,405,000	–	105,354	–	0.13%	–
VWO	New	Vanguard Emerging	$1,260,000	–	29,235	–	0.12%	–
DD	New	Du Pont	$1,103,000	–	16,857	–	0.10%	–
	New	DFA Core Equity 2mmf	$1,036,000	–	59,822	–	0.10%	–
	New	DFA Inv. Dimension Grpmmf	$1,022,000	–	32,082	–	0.09%	–
XOM	New	Exxon Mobil Corp.	$960,000	–	9,539	–	0.09%	–
TJX	New	TJX Cos. Inc.	$909,000	–	17,110	–	0.08%	–
SBUX	New	Starbucks Corp.	$872,000	–	11,270	–	0.08%	–
MMM	New	3M Company	$777,000	–	5,430	–	0.07%	–
	New	DFA Inv. Dimension Grpmmf	$767,000	–	36,880	–	0.07%	–
	New	Lord Abbet Inv Trmmf	$765,000	–	168,233	–	0.07%	–
IP	New	International Paper	$721,000	–	14,295	–	0.07%	–
SPG	New	Simon PPTY Group	$665,000	–	4,000	–	0.06%	–
COP	New	ConocoPhillips	$602,000	–	7,023	–	0.06%	–
NOV	New	National-Oilwell Varco Inc.	$583,000	–	7,080	–	0.05%	–
BMY	New	Bristol Myers Squibb	$526,000	–	10,850	–	0.05%	–
DE	New	Deere & Co.	$486,000	–	5,375	–	0.04%	–
PFE	New	Pfizer Inc.	$475,000	–	16,030	–	0.04%	–
	New	DFA Inv. US Small Cap.mmf	$480,000	–	12,998	–	0.04%	–
LOW	New	Lowe's Companies Inc.	$482,000	–	10,060	–	0.04%	–
FBNC	New	First Bancorp NC	$475,000	–	25,886	–	0.04%	–
	New	DFA Inv. Dim. Micrommf	$467,000	–	22,980	–	0.04%	–
	New	DFA Intl. Value Port.mmf	$432,000	–	21,410	–	0.04%	–
ACE	New	Ace Limited	$399,000	–	3,850	–	0.04%	–
	New	DFA Real Estate Sec.mmf	$391,000	–	12,937	–	0.04%	–
	New	DFA Invt. Grpmmf	$390,000	–	22,547	–	0.04%	–
HUM	New	Humana Inc.	$374,000	–	2,931	–	0.03%	–
GM	New	General Motors	$339,000	–	9,350	–	0.03%	–
KLAC	New	KLA-Tencor Corp.	$292,000	–	4,030	–	0.03%	–
SWJCL	New	Stanley Black & Decker 5.75%pfd	$292,000	–	12,000	–	0.03%	–
DUK	New	Duke Energy Corp.	$271,000	–	3,655	–	0.02%	–
BBTPRF	New	BB&T Pfd 5.2%pfd	$266,000	–	12,000	–	0.02%	–
XEL	New	Xcel Energy Inc.	$261,000	–	8,100	–	0.02%	–
CB	New	Chubb Corp	$251,000	–	2,733	–	0.02%	–
FISV	New	Fiserv Inc.	$253,000	–	4,210	–	0.02%	–
ESRX	New	Express Scripts, Inc.	$253,000	–	3,661	–	0.02%	–
ROST	New	Ross Stores Inc.	$256,000	–	3,885	–	0.02%	–
	New	DFA Invt. Dim. Small Cap Valuemmf	$245,000	–	11,192	–	0.02%	–
FDX	New	FedEx Corp	$238,000	–	1,575	–	0.02%	–
CL	New	Colgate Palmolive	$238,000	–	3,500	–	0.02%	–
IWC	New	Ishares Micro-Cap	$230,000	–	3,022	–	0.02%	–
	New	DFA Dim. Grp. Intl. Small Cap.mmf	$227,000	–	11,130	–	0.02%	–
EWJ	New	Japan (iShares MSCI Index)	$228,000	–	18,950	–	0.02%	–
	New	Lord Abbett Aff Cl Ammf	$227,000	–	13,854	–	0.02%	–
HFC	New	HollyFrontier Corp.	$231,000	–	5,310	–	0.02%	–
CARO	New	Carolina Financial Group	$217,000	–	11,000	–	0.02%	–
WAG	New	Walgreen Co.	$214,000	–	2,891	–	0.02%	–
ADS	New	Alliance Data Systems	$220,000	–	785	–	0.02%	–
JPMPRCCL	New	JP Morgan PFD C 6.7%pfd	$210,000	–	8,100	–	0.02%	–
PG	New	Procter & Gamble	$205,000	–	2,617	–	0.02%	–
	New	Vanguard MidCap Fdmmf	$212,000	–	4,578	–	0.02%	–
	New	Principal MidCap Blendmmf	$210,000	–	9,685	–	0.02%	–
EGYF	New	Energy Finders Inc.	$0	–	10,000	–	0.00%	–

Q4 2013

			Value		Shares		↓ Weighting
EGYF	Exit	Energy Finders Inc.	$0	–	-10,000	–	0.00%	–
	Exit	Principal MidCap Blendmmf	$0	–	-10,328	–	-0.02%	–
	Exit	Lord Abbett Aff Cl Ammf	$0	–	-13,854	–	-0.02%	–
JPMPRCCL	Exit	JP Morgan PFD C 6.7%pfd	$0	–	-8,100	–	-0.02%	–
SLB	Exit	Schlumberger Limited	$0	–	-2,405	–	-0.02%	–
PLND	Exit	Poland (Market Vectors Index)	$0	–	-9,550	–	-0.02%	–
BBTPRF	Exit	BB&T Pfd 5.2%pfd	$0	–	-12,000	–	-0.02%	–
APA	Exit	Apache Corp	$0	–	-2,673	–	-0.02%	–
	Exit	DFA Dim. Grp. Intl. Small Cap.mmf	$0	–	-12,728	–	-0.02%	–
	Exit	Vanguard Growth Fdmmf	$0	–	-6,058	–	-0.02%	–
	Exit	DFA Invt. Dim. Small Cap Valuemmf	$0	–	-12,842	–	-0.02%	–
KLAC	Exit	KLA-Tencor Corp.	$0	–	-4,330	–	-0.03%	–
SWJCL	Exit	Stanley Black & Decker 5.75%pfd	$0	–	-12,000	–	-0.03%	–
ESRX	Exit	Express Scripts, Inc.	$0	–	-4,246	–	-0.03%	–
CB	Exit	Chubb Corp	$0	–	-2,903	–	-0.03%	–
	Exit	Columbia Fdmmf	$0	–	-15,831	–	-0.03%	–
EWW	Exit	Mexico (iShares MSCI Invstbl.	$0	–	-4,270	–	-0.03%	–
EWZ	Exit	Brazil (iShares MSCI Index)	$0	–	-6,200	–	-0.03%	–
EWN	Exit	Netherlands (iShares MSCI Inde	$0	–	-12,650	–	-0.03%	–
EWQ	Exit	France (iShares MSCI Index)	$0	–	-11,600	–	-0.03%	–
BPL	Exit	Buckeye Partners LP	$0	–	-5,000	–	-0.03%	–
NORW	Exit	Norway (Global X FTSE 30 Index	$0	–	-20,875	–	-0.03%	–
EWK	Exit	Belgium (iShares MSCI Invstbl.	$0	–	-21,000	–	-0.03%	–
FBNC	Exit	First Bancorp NC	$0	–	-23,386	–	-0.03%	–
GILD	Exit	Gilead Sciences Inc.	$0	–	-5,390	–	-0.03%	–
EWD	Exit	Sweden (iShares MSCI Index)	$0	–	-10,450	–	-0.04%	–
INTC	Exit	Intel Corp.	$0	–	-15,352	–	-0.04%	–
	Exit	DFA Invt. Grpmmf	$0	–	-24,060	–	-0.04%	–
HUM	Exit	Humana Inc.	$0	–	-4,156	–	-0.04%	–
RSX	Exit	Russia (Market Vectors Index)	$0	–	-13,650	–	-0.04%	–
6699SC	Exit	United Kingdom (iShares MSCI I	$0	–	-19,800	–	-0.04%	–
ECH	Exit	Chile (iShares MSCI Invstbl. I	$0	–	-7,900	–	-0.04%	–
	Exit	DFA Real Estate Sec.mmf	$0	–	-15,542	–	-0.04%	–
TJX	Exit	TJX Cos. Inc.	$0	–	-7,425	–	-0.04%	–
	Exit	DFA Intl. Value Port.mmf	$0	–	-24,652	–	-0.05%	–
COP	Exit	ConocoPhillips	$0	–	-6,827	–	-0.05%	–
FDX	Exit	FedEx Corp	$0	–	-4,130	–	-0.05%	–
RAI	Exit	Reynolds American Inc.	$0	–	-10,000	–	-0.05%	–
	Exit	DFA Inv. US Small Cap.mmf	$0	–	-15,329	–	-0.05%	–
	Exit	DFA Inv. Dim. Micrommf	$0	–	-27,080	–	-0.05%	–
EWA	Exit	Australia (iShares MSCI Index)	$0	–	-21,300	–	-0.05%	–
EWC	Exit	Canada (iShares MSCI Index)	$0	–	-19,135	–	-0.05%	–
EWG	Exit	Germany (iShares MSCI Index)	$0	–	-21,050	–	-0.06%	–
INDY	Exit	India (iShares S&P NIFTY 50 In	$0	–	-28,150	–	-0.06%	–
EWH	Exit	Hong Kong (iShares MSCI Index)	$0	–	-30,200	–	-0.06%	–
IDX	Exit	Indonesia (Market Vectors Inde	$0	–	-26,600	–	-0.06%	–
EEP	Exit	Enbridge Energy Partners LP	$0	–	-20,000	–	-0.06%	–
EWS	Exit	Singapore (iShares MSCI Index)	$0	–	-54,625	–	-0.07%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-38,351	–	-0.07%	–
SPG	Exit	Simon PPTY Group	$0	–	-5,000	–	-0.07%	–
EWT	Exit	Taiwan (iShares MSCI Index)	$0	–	-55,100	–	-0.08%	–
BMY	Exit	Bristol Myers Squibb	$0	–	-17,025	–	-0.08%	–
EWM	Exit	Malaysia (iShares MSCI Index)	$0	–	-52,900	–	-0.08%	–
THD	Exit	Thailand (iShares MSCI Invstbl	$0	–	-11,625	–	-0.09%	–
EWL	Exit	Switzerland (iShares MSCI Inde	$0	–	-28,450	–	-0.09%	–
	Exit	DFA Core Equity 2mmf	$0	–	-59,837	–	-0.09%	–
	Exit	Lord Abbet Inv Trmmf	$0	–	-204,400	–	-0.09%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-32,663	–	-0.09%	–
EPHE	Exit	Philippines (iShares MSCI Invs	$0	–	-29,400	–	-0.10%	–
EWY	Exit	South Korea (iShares MSCI Inde	$0	–	-15,900	–	-0.10%	–
GXC	Exit	China (ssga SPDR S&P China Ind	$0	–	-13,750	–	-0.10%	–
	Exit	DFA Inv. Dimension Grpmmf	$0	–	-109,917	–	-0.13%	–
VWO	Exit	Vanguard Emerging	$0	–	-34,330	–	-0.14%	–
IJH	Exit	S&P 400 ETF	$0	–	-11,535	–	-0.14%	–
	Exit	Rowe T Price Fdsmmf	$0	–	-133,579	–	-0.16%	–
FISV	Exit	Fiserv Inc.	$0	–	-17,055	–	-0.17%	–
AEO	Exit	American Eagle Outfitters	$0	–	-124,368	–	-0.17%	–
BRCM	Exit	Broadcom Corp.	$0	–	-68,910	–	-0.18%	–
EWJ	Exit	Japan (iShares MSCI Index)	$0	–	-155,500	–	-0.18%	–
DCOM	Exit	Dime Community Bancshares	$0	–	-112,200	–	-0.19%	–
KALU	Exit	Kaiser Aluminum Corp.	$0	–	-30,775	–	-0.22%	–
T	Exit	AT&T Corp.	$0	–	-65,535	–	-0.22%	–
BAX	Exit	Baxter International Inc.	$0	–	-35,975	–	-0.24%	–
MSFT	Exit	Microsoft Corp.	$0	–	-76,459	–	-0.25%	–
IWR	Exit	IShares Russell Mid-Cap Index	$0	–	-19,461	–	-0.27%	–
IWM	Exit	R2000 ETF	$0	–	-27,000	–	-0.29%	–
NVR	Exit	NVR Inc.	$0	–	-3,240	–	-0.30%	–
DE	Exit	Deere & Co.	$0	–	-40,927	–	-0.33%	–
MTW	Exit	Manitowoc Inc Com	$0	–	-172,000	–	-0.33%	–
NVE	Exit	NV Energy Inc.	$0	–	-146,705	–	-0.34%	–
HFC	Exit	HollyFrontier Corp.	$0	–	-85,150	–	-0.36%	–
PG	Exit	Procter & Gamble	$0	–	-47,828	–	-0.36%	–
EFA	Exit	MSCI EAFE ETF	$0	–	-57,800	–	-0.37%	–
SLF	Exit	Sun Life Financial Inc.	$0	–	-132,150	–	-0.42%	–
PM	Exit	Phillip Morris International	$0	–	-51,473	–	-0.44%	–
XOM	Exit	Exxon Mobil Corp.	$0	–	-62,076	–	-0.53%	–
DUK	Exit	Duke Energy Corp.	$0	–	-91,899	–	-0.61%	–
FNFG	Exit	First Niagara Financial Group	$0	–	-620,300	–	-0.64%	–
IP	Exit	International Paper	$0	–	-145,255	–	-0.65%	–
LOW	Exit	Lowe's Companies Inc.	$0	–	-137,845	–	-0.65%	–
MCD	Exit	McDonald's Corp.	$0	–	-68,798	–	-0.66%	–
XEL	Exit	Xcel Energy Inc.	$0	–	-253,136	–	-0.69%	–
ORI	Exit	Old Republic International	$0	–	-463,125	–	-0.71%	–
MMM	Exit	3M Company	$0	–	-61,267	–	-0.73%	–
GOOGL	Exit	Google Inc.	$0	–	-8,569	–	-0.75%	–
F	Exit	Ford Motor Co.	$0	–	-445,665	–	-0.75%	–
ORCL	Exit	Oracle Systems Corp	$0	–	-238,340	–	-0.78%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-96,321	–	-0.80%	–
PSEC	Exit	Prospect Capital Corporation	$0	–	-753,368	–	-0.84%	–
VLO	Exit	Valero Energy Corp.	$0	–	-254,617	–	-0.86%	–
C	Exit	Citigroup Inc.	$0	–	-211,987	–	-1.02%	–
KO	Exit	Coca-Cola Co.	$0	–	-273,258	–	-1.03%	–
RIG	Exit	Transocean LTD	$0	–	-238,058	–	-1.05%	–
4945SC	Exit	Kinder Morgan Energy Partners	$0	–	-134,659	–	-1.07%	–
EXPD	Exit	Expeditors International	$0	–	-254,192	–	-1.11%	–
BUD	Exit	Anheuser-Busch InBev	$0	–	-118,479	–	-1.17%	–
ROST	Exit	Ross Stores Inc.	$0	–	-162,125	–	-1.17%	–
CRUS	Exit	Cirrus Logic Inc.	$0	–	-550,479	–	-1.24%	–
ACE	Exit	Ace Limited	$0	–	-138,970	–	-1.29%	–
CSCO	Exit	Cisco Systems	$0	–	-563,156	–	-1.31%	–
CYH	Exit	Community Health Systems	$0	–	-317,950	–	-1.31%	–
DD	Exit	Du Pont	$0	–	-238,871	–	-1.39%	–
TSN	Exit	Tyson Foods, Inc.	$0	–	-499,235	–	-1.40%	–
HD	Exit	Home Depot Inc.	$0	–	-187,036	–	-1.41%	–
FCX	Exit	Freeport McMoran Copper & Gold	$0	–	-438,308	–	-1.44%	–
PTC	Exit	PTC Inc.	$0	–	-511,794	–	-1.45%	–
MRO	Exit	Marathon Oil Group	$0	–	-435,090	–	-1.51%	–
NOV	Exit	National-Oilwell Varco Inc.	$0	–	-202,448	–	-1.57%	–
IBM	Exit	Int'l. Business Machines	$0	–	-87,522	–	-1.61%	–
HAL	Exit	Halliburton Co.	$0	–	-337,255	–	-1.61%	–
CAH	Exit	Cardinal Health Inc.	$0	–	-311,933	–	-1.62%	–
MDT	Exit	Medtronic Inc.	$0	–	-306,609	–	-1.62%	–
CVX	Exit	Chevron Corp	$0	–	-137,887	–	-1.66%	–
BWA	Exit	BorgWarner Inc.	$0	–	-166,931	–	-1.68%	–
ABBV	Exit	AbbVie Inc.	$0	–	-379,103	–	-1.68%	–
BBT	Exit	BB&T Corporation	$0	–	-510,865	–	-1.71%	–
JPM	Exit	J. P. Morgan	$0	–	-345,840	–	-1.78%	–
CVS	Exit	CVS Corp	$0	–	-316,496	–	-1.78%	–
AMGN	Exit	Amgen	$0	–	-164,014	–	-1.82%	–
MRK	Exit	Merck & Co.	$0	–	-405,410	–	-1.92%	–
V	Exit	Visa Inc.	$0	–	-101,953	–	-1.94%	–
VZ	Exit	Verizon Communications	$0	–	-418,420	–	-1.94%	–
PFE	Exit	Pfizer Inc.	$0	–	-682,871	–	-1.95%	–
GS	Exit	Goldman Sachs Group	$0	–	-125,281	–	-1.97%	–
DIS	Exit	Walt Disney Co.	$0	–	-312,388	–	-2.00%	–
WMT	Exit	Wal Mart Stores	$0	–	-276,342	–	-2.03%	–
WDC	Exit	Western Digital Corp.	$0	–	-323,757	–	-2.04%	–
USB	Exit	U.S. Bancorp	$0	–	-566,732	–	-2.06%	–
ALL	Exit	Allstate	$0	–	-417,855	–	-2.10%	–
SBUX	Exit	Starbucks Corp.	$0	–	-275,464	–	-2.11%	–
WFC	Exit	Wells Fargo & Co.	$0	–	-519,779	–	-2.13%	–
CELG	Exit	Celgene	$0	–	-149,467	–	-2.29%	–
QCOM	Exit	Qualcomm Inc.	$0	–	-343,755	–	-2.30%	–
UTX	Exit	United Technologies	$0	–	-219,761	–	-2.35%	–
GE	Exit	General Elec Co.	$0	–	-1,321,010	–	-3.14%	–
AAPL	Exit	Apple Inc.	$0	–	-95,247	–	-4.51%	–

Q3 2013

			Value		Shares		↓ Weighting
AAPL	Sell	Apple Inc.	$45,409,000	+18.6%	95,247	-1.4%	4.51%	+14.5%
GE	Buy	General Elec Co.	$31,558,000	+20.0%	1,321,010	+16.5%	3.14%	+15.9%
UTX	Buy	United Technologies	$23,694,000	+20.8%	219,761	+4.1%	2.35%	+16.7%
QCOM	Buy	Qualcomm Inc.	$23,141,000	+32.5%	343,755	+20.2%	2.30%	+28.0%
CELG	Sell	Celgene	$23,038,000	+27.9%	149,467	-2.9%	2.29%	+23.6%
WFC	Buy	Wells Fargo & Co.	$21,477,000	+7.4%	519,779	+7.3%	2.13%	+3.8%
SBUX	Buy	Starbucks Corp.	$21,202,000	+22.8%	275,464	+4.5%	2.11%	+18.6%
ALL	Buy	Allstate	$21,122,000	+12.4%	417,855	+7.0%	2.10%	+8.6%
USB	Buy	U.S. Bancorp	$20,731,000	+10.9%	566,732	+9.6%	2.06%	+7.1%
WDC	Buy	Western Digital Corp.	$20,526,000	+5.9%	323,757	+3.7%	2.04%	+2.3%
WMT	Buy	Wal Mart Stores	$20,438,000	+4.1%	276,342	+4.8%	2.03%	+0.5%
DIS	Buy	Walt Disney Co.	$20,145,000	+6.5%	312,388	+4.3%	2.00%	+2.9%
GS	Buy	Goldman Sachs Group	$19,820,000	+14.8%	125,281	+9.8%	1.97%	+10.9%
PFE	Buy	Pfizer Inc.	$19,615,000	+4.6%	682,871	+2.0%	1.95%	+1.1%
VZ	Buy	Verizon Communications	$19,529,000	+5.5%	418,420	+13.8%	1.94%	+1.9%
V	Buy	Visa Inc.	$19,483,000	+17.0%	101,953	+11.9%	1.94%	+13.1%
MRK	Buy	Merck & Co.	$19,301,000	+6.0%	405,410	+3.4%	1.92%	+2.5%
AMGN	Buy	Amgen	$18,357,000	+23.1%	164,014	+8.5%	1.82%	+19.0%
CVS	Buy	CVS Corp	$17,961,000	+1.0%	316,496	+1.8%	1.78%	-2.5%
JPM	Buy	J. P. Morgan	$17,876,000	+9.3%	345,840	+11.6%	1.78%	+5.5%
BBT	Buy	BB&T Corporation	$17,241,000	+2.7%	510,865	+3.1%	1.71%	-0.8%
ABBV	Buy	AbbVie Inc.	$16,957,000	+34.6%	379,103	+24.4%	1.68%	+30.0%
BWA	Buy	BorgWarner Inc.	$16,925,000	+23.4%	166,931	+4.9%	1.68%	+19.2%
CVX	Sell	Chevron Corp	$16,753,000	+2.3%	137,887	-0.3%	1.66%	-1.2%
MDT	Buy	Medtronic Inc.	$16,326,000	+27.0%	306,609	+22.8%	1.62%	+22.7%
CAH	Buy	Cardinal Health Inc.	$16,267,000	+27.4%	311,933	+15.3%	1.62%	+23.1%
HAL	Sell	Halliburton Co.	$16,238,000	+11.0%	337,255	-3.8%	1.61%	+7.2%
IBM	Buy	Int'l. Business Machines	$16,207,000	+6.2%	87,522	+9.6%	1.61%	+2.6%
NOV	Buy	National-Oilwell Varco Inc.	$15,813,000	+13.7%	202,448	+0.3%	1.57%	+9.9%
MRO	Buy	Marathon Oil Group	$15,175,000	+1.8%	435,090	+0.9%	1.51%	-1.7%
PTC	Buy	PTC Inc.	$14,565,000	+89.6%	511,794	+63.4%	1.45%	+83.2%
FCX	Buy	Freeport McMoran Copper & Gold	$14,499,000	+112.4%	438,308	+77.3%	1.44%	+105.1%
HD	Buy	Home Depot Inc.	$14,186,000	+9.2%	187,036	+11.6%	1.41%	+5.5%
TSN	Buy	Tyson Foods, Inc.	$14,118,000	+19.1%	499,235	+8.1%	1.40%	+15.1%
DD	Buy	Du Pont	$13,988,000	+42.3%	238,871	+27.6%	1.39%	+37.5%
CSCO	Buy	Cisco Systems	$13,195,000	+45.6%	563,156	+51.2%	1.31%	+40.7%
CYH	Sell	Community Health Systems	$13,194,000	-32.3%	317,950	-23.5%	1.31%	-34.5%
ACE	Buy	Ace Limited	$13,002,000	+17.2%	138,970	+12.1%	1.29%	+13.2%
CRUS	Buy	Cirrus Logic Inc.	$12,473,000	+102.2%	550,479	+54.9%	1.24%	+95.4%
ROST	Buy	Ross Stores Inc.	$11,802,000	+29.7%	162,125	+15.5%	1.17%	+25.5%
BUD	Buy	Anheuser-Busch InBev	$11,753,000	+21.9%	118,479	+10.9%	1.17%	+17.7%
EXPD	Buy	Expeditors International	$11,199,000	+27.4%	254,192	+10.0%	1.11%	+23.1%
4945SC	Buy	Kinder Morgan Energy Partners	$10,749,000	+24.3%	134,659	+32.9%	1.07%	+20.0%
RIG	Buy	Transocean LTD	$10,593,000	+2.5%	238,058	+10.5%	1.05%	-1.0%
KO	Sell	Coca-Cola Co.	$10,351,000	-46.8%	273,258	-43.7%	1.03%	-48.6%
C	Buy	Citigroup Inc.	$10,283,000	+58.0%	211,987	+56.2%	1.02%	+52.8%
VLO	Buy	Valero Energy Corp.	$8,695,000	+49.7%	254,617	+52.4%	0.86%	+44.7%
PSEC	Sell	Prospect Capital Corporation	$8,415,000	-3.5%	753,368	-6.7%	0.84%	-6.7%
CAT	New	Caterpillar Inc Del	$8,033,000	–	96,321	–	0.80%	–
ORCL	Sell	Oracle Systems Corp	$7,905,000	-50.0%	238,340	-53.7%	0.78%	-51.7%
F	Sell	Ford Motor Co.	$7,518,000	+1.6%	445,665	-6.8%	0.75%	-1.8%
GOOGL	Sell	Google Inc.	$7,505,000	-28.3%	8,569	-27.9%	0.75%	-30.7%
MMM	Sell	3M Company	$7,315,000	-35.4%	61,267	-40.9%	0.73%	-37.6%
ORI	Sell	Old Republic International	$7,132,000	+3.1%	463,125	-13.8%	0.71%	-0.3%
XEL	Buy	Xcel Energy Inc.	$6,989,000	+204.8%	253,136	+212.8%	0.69%	+194.1%
MCD	Sell	McDonald's Corp.	$6,619,000	-50.1%	68,798	-48.7%	0.66%	-51.8%
LOW	Sell	Lowe's Companies Inc.	$6,562,000	+8.5%	137,845	-6.8%	0.65%	+4.8%
IP	Sell	International Paper	$6,507,000	-7.5%	145,255	-8.5%	0.65%	-10.7%
FNFG	Sell	First Niagara Financial Group	$6,432,000	-14.0%	620,300	-16.5%	0.64%	-16.9%
DUK	Sell	Duke Energy Corp.	$6,137,000	-37.6%	91,899	-36.9%	0.61%	-39.7%
XOM	Sell	Exxon Mobil Corp.	$5,341,000	-46.6%	62,076	-43.9%	0.53%	-48.3%
PM	Buy	Phillip Morris International	$4,457,000	+3.9%	51,473	+3.9%	0.44%	+0.5%
SLF	Sell	Sun Life Financial Inc.	$4,224,000	-33.4%	132,150	-38.3%	0.42%	-35.6%
EFA	Buy	MSCI EAFE ETF	$3,687,000	+24.1%	57,800	+11.5%	0.37%	+20.0%
PG	Sell	Procter & Gamble	$3,615,000	-54.0%	47,828	-53.2%	0.36%	-55.6%
HFC	Sell	HollyFrontier Corp.	$3,585,000	-57.9%	85,150	-57.3%	0.36%	-59.4%
NVE	Sell	NV Energy Inc.	$3,463,000	-44.3%	146,705	-44.6%	0.34%	-46.2%
MTW	Sell	Manitowoc Inc Com	$3,364,000	+0.4%	172,000	-8.0%	0.33%	-2.9%
DE	Sell	Deere & Co.	$3,331,000	-77.8%	40,927	-77.8%	0.33%	-78.5%
NVR	New	NVR Inc.	$2,978,000	–	3,240	–	0.30%	–
IWM	Sell	R2000 ETF	$2,878,000	+9.4%	27,000	-0.5%	0.29%	+5.5%
IWR	Buy	IShares Russell Mid-Cap Index	$2,706,000	+9.4%	19,461	+2.2%	0.27%	+5.9%
MSFT	Sell	Microsoft Corp.	$2,544,000	-17.4%	76,459	-14.2%	0.25%	-20.2%
BAX	Sell	Baxter International Inc.	$2,363,000	-18.6%	35,975	-14.2%	0.24%	-21.1%
T	Sell	AT&T Corp.	$2,216,000	-78.3%	65,535	-77.3%	0.22%	-79.1%
KALU	Sell	Kaiser Aluminum Corp.	$2,192,000	-62.2%	30,775	-67.1%	0.22%	-63.4%
DCOM	Sell	Dime Community Bancshares	$1,868,000	-40.5%	112,200	-45.2%	0.19%	-42.4%
BRCM	Sell	Broadcom Corp.	$1,793,000	-86.3%	68,910	-82.2%	0.18%	-86.8%
AEO	Sell	American Eagle Outfitters	$1,739,000	-49.1%	124,368	-33.5%	0.17%	-50.7%
FISV	Sell	Fiserv Inc.	$1,723,000	-78.2%	17,055	-81.2%	0.17%	-79.0%
	Sell	Rowe T Price Fdsmmf	$1,589,000	-45.6%	133,579	-43.9%	0.16%	-47.3%
IJH	Sell	S&P 400 ETF	$1,431,000	+4.3%	11,535	-2.9%	0.14%	+0.7%
VWO	Buy	Vanguard Emerging	$1,377,000	+16.9%	34,330	+13.0%	0.14%	+13.2%
	Buy	DFA Inv. Dimension Grpmmf	$1,335,000	+44.5%	109,917	+28.1%	0.13%	+40.0%
	Buy	DFA Inv. Dimension Grpmmf	$949,000	+9.7%	32,663	+0.0%	0.09%	+5.6%
	New	Lord Abbet Inv Trmmf	$932,000	–	204,400	–	0.09%	–
BMY	Sell	Bristol Myers Squibb	$787,000	+2.2%	17,025	-1.2%	0.08%	-1.3%
	Buy	DFA Inv. Dimension Grpmmf	$738,000	+5.6%	38,351	+0.4%	0.07%	+1.4%
	Buy	DFA Inv. Dim. Micrommf	$513,000	+10.8%	27,080	+0.0%	0.05%	+6.2%
	Buy	DFA Inv. US Small Cap.mmf	$510,000	+8.1%	15,329	+0.0%	0.05%	+4.1%
RAI	New	Reynolds American Inc.	$487,000	–	10,000	–	0.05%	–
FDX	Sell	FedEx Corp	$471,000	-21.4%	4,130	-32.1%	0.05%	-24.2%
COP	Sell	ConocoPhillips	$474,000	+9.2%	6,827	-4.9%	0.05%	+4.4%
	Buy	DFA Intl. Value Port.mmf	$463,000	+13.8%	24,652	+0.1%	0.05%	+9.5%
TJX	Sell	TJX Cos. Inc.	$418,000	+9.4%	7,425	-2.9%	0.04%	+7.7%
	Buy	DFA Real Estate Sec.mmf	$414,000	-3.3%	15,542	+0.0%	0.04%	-6.8%
HUM	Sell	Humana Inc.	$387,000	+10.3%	4,156	-0.4%	0.04%	+5.6%
	Buy	DFA Invt. Grpmmf	$361,000	+6.8%	24,060	+0.0%	0.04%	+2.9%
INTC	Sell	Intel Corp.	$351,000	-7.6%	15,352	-2.2%	0.04%	-10.3%
GILD	Sell	Gilead Sciences Inc.	$338,000	+14.2%	5,390	-6.8%	0.03%	+13.3%
FBNC	Sell	First Bancorp NC	$337,000	-0.3%	23,386	-2.7%	0.03%	-5.7%
	Buy	Columbia Fdmmf	$270,000	+4.7%	15,831	+2.8%	0.03%	0.0%
KLAC	Sell	KLA-Tencor Corp.	$263,000	+1.2%	4,330	-7.5%	0.03%	-3.7%
CB	Sell	Chubb Corp	$259,000	+4.9%	2,903	-0.9%	0.03%	+4.0%
	Buy	DFA Dim. Grp. Intl. Small Cap.mmf	$238,000	+15.0%	12,728	+0.0%	0.02%	+14.3%
	Buy	Vanguard Growth Fdmmf	$244,000	+10.9%	6,058	+2.3%	0.02%	+4.3%
APA	Sell	Apache Corp	$227,000	-88.2%	2,673	-88.4%	0.02%	-88.4%
PLND	New	Poland (Market Vectors Index)	$215,000	–	9,550	–	0.02%	–
SLB	New	Schlumberger Limited	$212,000	–	2,405	–	0.02%	–
	Sell	Principal MidCap Blendmmf	$200,000	-1.0%	10,328	-8.4%	0.02%	-4.8%
	New	Lord Abbett Aff Cl Ammf	$197,000	–	13,854	–	0.02%	–
	Exit	Vanguard MidCap Fdmmf	$0	–	-5,485	–	-0.02%	–
HCP	Exit	HCP, Inc.	$0	–	-4,450	–	-0.02%	–
MET	Exit	Metlife Co.	$0	–	-5,280	–	-0.02%	–
	Exit	New Perspective Fd Cl Ammf	$0	–	-10,117	–	-0.04%	–
NBR	Exit	Nabors Industries	$0	–	-60,925	–	-0.10%	–
COH	Exit	Coach, Inc.	$0	–	-18,375	–	-0.11%	–

Q2 2013

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc.	$38,302,000	–	96,593	–	3.94%	–
GE	New	General Elec Co.	$26,300,000	–	1,134,131	–	2.70%	–
WFC	New	Wells Fargo & Co.	$19,989,000	–	484,359	–	2.06%	–
WMT	New	Wal Mart Stores	$19,641,000	–	263,674	–	2.02%	–
UTX	New	United Technologies	$19,614,000	–	211,049	–	2.02%	–
CYH	New	Community Health Systems	$19,482,000	–	415,581	–	2.00%	–
KO	New	Coca-Cola Co.	$19,458,000	–	485,131	–	2.00%	–
WDC	New	Western Digital Corp.	$19,380,000	–	312,139	–	1.99%	–
DIS	New	Walt Disney Co.	$18,913,000	–	299,503	–	1.94%	–
ALL	New	Allstate	$18,787,000	–	390,430	–	1.93%	–
PFE	New	Pfizer Inc.	$18,748,000	–	669,357	–	1.93%	–
USB	New	U.S. Bancorp	$18,696,000	–	517,198	–	1.92%	–
VZ	New	Verizon Communications	$18,509,000	–	367,687	–	1.90%	–
MRK	New	Merck & Co.	$18,208,000	–	391,994	–	1.87%	–
CELG	New	Celgene	$18,007,000	–	153,933	–	1.85%	–
CVS	New	CVS Corp	$17,785,000	–	311,044	–	1.83%	–
QCOM	New	Qualcomm Inc.	$17,466,000	–	285,917	–	1.80%	–
SBUX	New	Starbucks Corp.	$17,272,000	–	263,658	–	1.78%	–
GS	New	Goldman Sachs Group	$17,262,000	–	114,132	–	1.78%	–
BBT	New	BB&T Corporation	$16,783,000	–	495,374	–	1.73%	–
V	New	Visa Inc.	$16,648,000	–	91,100	–	1.71%	–
CVX	New	Chevron Corp	$16,373,000	–	138,362	–	1.68%	–
JPM	New	J. P. Morgan	$16,362,000	–	309,946	–	1.68%	–
ORCL	New	Oracle Systems Corp	$15,812,000	–	514,907	–	1.63%	–
IBM	New	Int'l. Business Machines	$15,262,000	–	79,861	–	1.57%	–
DE	New	Deere & Co.	$14,986,000	–	184,446	–	1.54%	–
MRO	New	Marathon Oil Group	$14,913,000	–	431,284	–	1.53%	–
AMGN	New	Amgen	$14,910,000	–	151,127	–	1.53%	–
HAL	New	Halliburton Co.	$14,632,000	–	350,731	–	1.50%	–
NOV	New	National-Oilwell Varco Inc.	$13,902,000	–	201,771	–	1.43%	–
BWA	New	BorgWarner Inc.	$13,711,000	–	159,157	–	1.41%	–
MCD	New	McDonald's Corp.	$13,274,000	–	134,086	–	1.36%	–
BRCM	New	Broadcom Corp.	$13,115,000	–	388,089	–	1.35%	–
HD	New	Home Depot Inc.	$12,985,000	–	167,626	–	1.34%	–
MDT	New	Medtronic Inc.	$12,854,000	–	249,750	–	1.32%	–
CAH	New	Cardinal Health Inc.	$12,772,000	–	270,605	–	1.31%	–
ABBV	New	AbbVie Inc.	$12,600,000	–	304,799	–	1.30%	–
TSN	New	Tyson Foods, Inc.	$11,858,000	–	461,766	–	1.22%	–
MMM	New	3M Company	$11,327,000	–	103,587	–	1.16%	–
ACE	New	Ace Limited	$11,095,000	–	123,998	–	1.14%	–
GOOGL	New	Google Inc.	$10,465,000	–	11,888	–	1.08%	–
RIG	New	Transocean LTD	$10,333,000	–	215,501	–	1.06%	–
T	New	AT&T Corp.	$10,233,000	–	289,082	–	1.05%	–
XOM	New	Exxon Mobil Corp.	$9,997,000	–	110,649	–	1.03%	–
DUK	New	Duke Energy Corp.	$9,829,000	–	145,618	–	1.01%	–
DD	New	Du Pont	$9,831,000	–	187,272	–	1.01%	–
BUD	New	Anheuser-Busch InBev	$9,642,000	–	106,826	–	0.99%	–
ROST	New	Ross Stores Inc.	$9,097,000	–	140,366	–	0.94%	–
CSCO	New	Cisco Systems	$9,065,000	–	372,515	–	0.93%	–
EXPD	New	Expeditors International	$8,787,000	–	231,010	–	0.90%	–
PSEC	New	Prospect Capital Corporation	$8,717,000	–	807,209	–	0.90%	–
4945SC	New	Kinder Morgan Energy Partners	$8,651,000	–	101,301	–	0.89%	–
HFC	New	HollyFrontier Corp.	$8,522,000	–	199,223	–	0.88%	–
FISV	New	Fiserv Inc.	$7,911,000	–	90,515	–	0.81%	–
PG	New	Procter & Gamble	$7,861,000	–	102,116	–	0.81%	–
PTC	New	PTC Inc.	$7,683,000	–	313,215	–	0.79%	–
FNFG	New	First Niagara Financial Group	$7,479,000	–	742,800	–	0.77%	–
F	New	Ford Motor Co.	$7,399,000	–	478,325	–	0.76%	–
IP	New	International Paper	$7,032,000	–	158,710	–	0.72%	–
ORI	New	Old Republic International	$6,918,000	–	537,575	–	0.71%	–
FCX	New	Freeport McMoran Copper & Gold	$6,825,000	–	247,222	–	0.70%	–
C	New	Citigroup Inc.	$6,508,000	–	135,673	–	0.67%	–
SLF	New	Sun Life Financial Inc.	$6,340,000	–	214,050	–	0.65%	–
NVE	New	NV Energy Inc.	$6,212,000	–	264,830	–	0.64%	–
CRUS	New	Cirrus Logic Inc.	$6,169,000	–	355,389	–	0.63%	–
LOW	New	Lowe's Companies Inc.	$6,047,000	–	147,850	–	0.62%	–
VLO	New	Valero Energy Corp.	$5,807,000	–	167,030	–	0.60%	–
KALU	New	Kaiser Aluminum Corp.	$5,797,000	–	93,600	–	0.60%	–
PM	New	Phillip Morris International	$4,290,000	–	49,538	–	0.44%	–
AEO	New	American Eagle Outfitters	$3,415,000	–	187,049	–	0.35%	–
MTW	New	Manitowoc Inc Com	$3,349,000	–	187,000	–	0.34%	–
DCOM	New	Dime Community Bancshares	$3,138,000	–	204,875	–	0.32%	–
MSFT	New	Microsoft Corp.	$3,079,000	–	89,134	–	0.32%	–
EFA	New	MSCI EAFE ETF	$2,970,000	–	51,840	–	0.30%	–
	New	Rowe T Price Fdsmmf	$2,921,000	–	237,915	–	0.30%	–
BAX	New	Baxter International Inc.	$2,902,000	–	41,905	–	0.30%	–
IWM	New	R2000 ETF	$2,631,000	–	27,130	–	0.27%	–
IWR	New	IShares Russell Mid-Cap Index	$2,473,000	–	19,041	–	0.25%	–
XEL	New	Xcel Energy Inc.	$2,293,000	–	80,932	–	0.24%	–
APA	New	Apache Corp	$1,923,000	–	22,948	–	0.20%	–
EWJ	New	Japan (iShares MSCI Index)	$1,744,000	–	155,500	–	0.18%	–
IJH	New	S&P 400 ETF	$1,372,000	–	11,885	–	0.14%	–
VWO	New	Vanguard Emerging	$1,178,000	–	30,380	–	0.12%	–
COH	New	Coach, Inc.	$1,049,000	–	18,375	–	0.11%	–
EPHE	New	Philippines (iShares MSCI Invs	$1,030,000	–	29,400	–	0.11%	–
NBR	New	Nabors Industries	$932,000	–	60,925	–	0.10%	–
	New	DFA Inv. Dimension Grpmmf	$924,000	–	85,779	–	0.10%	–
THD	New	Thailand (iShares MSCI Invstbl	$911,000	–	11,625	–	0.09%	–
GXC	New	China (ssga SPDR S&P China Ind	$881,000	–	13,750	–	0.09%	–
	New	DFA Inv. Dimension Grpmmf	$865,000	–	32,661	–	0.09%	–
EWY	New	South Korea (iShares MSCI Inde	$845,000	–	15,900	–	0.09%	–
	New	DFA Core Equity 2mmf	$841,000	–	59,837	–	0.09%	–
EWM	New	Malaysia (iShares MSCI Index)	$822,000	–	52,900	–	0.08%	–
EWL	New	Switzerland (iShares MSCI Inde	$815,000	–	28,450	–	0.08%	–
SPG	New	Simon PPTY Group	$789,000	–	5,000	–	0.08%	–
IDX	New	Indonesia (Market Vectors Inde	$769,000	–	26,600	–	0.08%	–
BMY	New	Bristol Myers Squibb	$770,000	–	17,237	–	0.08%	–
EWT	New	Taiwan (iShares MSCI Index)	$732,000	–	55,100	–	0.08%	–
EWS	New	Singapore (iShares MSCI Index)	$698,000	–	54,625	–	0.07%	–
	New	DFA Inv. Dimension Grpmmf	$699,000	–	38,184	–	0.07%	–
INDY	New	India (iShares S&P NIFTY 50 In	$628,000	–	28,150	–	0.06%	–
EEP	New	Enbridge Energy Partners LP	$609,000	–	20,000	–	0.06%	–
FDX	New	FedEx Corp	$599,000	–	6,080	–	0.06%	–
EWH	New	Hong Kong (iShares MSCI Index)	$553,000	–	30,200	–	0.06%	–
EWG	New	Germany (iShares MSCI Index)	$519,000	–	21,050	–	0.05%	–
EWC	New	Canada (iShares MSCI Index)	$500,000	–	19,135	–	0.05%	–
	New	DFA Inv. US Small Cap.mmf	$472,000	–	15,325	–	0.05%	–
EWA	New	Australia (iShares MSCI Index)	$480,000	–	21,300	–	0.05%	–
	New	DFA Inv. Dim. Micrommf	$463,000	–	27,070	–	0.05%	–
COP	New	ConocoPhillips	$434,000	–	7,177	–	0.04%	–
	New	DFA Real Estate Sec.mmf	$428,000	–	15,538	–	0.04%	–
ECH	New	Chile (iShares MSCI Invstbl. I	$424,000	–	7,900	–	0.04%	–
	New	DFA Intl. Value Port.mmf	$407,000	–	24,632	–	0.04%	–
INTC	New	Intel Corp.	$380,000	–	15,702	–	0.04%	–
TJX	New	TJX Cos. Inc.	$382,000	–	7,650	–	0.04%	–
6699SC	New	United Kingdom (iShares MSCI I	$349,000	–	19,800	–	0.04%	–
HUM	New	Humana Inc.	$351,000	–	4,171	–	0.04%	–
BPL	New	Buckeye Partners LP	$350,000	–	5,000	–	0.04%	–
	New	New Perspective Fd Cl Ammf	$339,000	–	10,117	–	0.04%	–
RSX	New	Russia (Market Vectors Index)	$343,000	–	13,650	–	0.04%	–
	New	DFA Invt. Grpmmf	$338,000	–	24,051	–	0.04%	–
FBNC	New	First Bancorp NC	$338,000	–	24,036	–	0.04%	–
EWD	New	Sweden (iShares MSCI Index)	$311,000	–	10,450	–	0.03%	–
NORW	New	Norway (Global X FTSE 30 Index	$301,000	–	20,875	–	0.03%	–
SWJCL	New	Stanley Black & Decker 5.75%pfd	$293,000	–	12,000	–	0.03%	–
GILD	New	Gilead Sciences Inc.	$296,000	–	5,785	–	0.03%	–
EWW	New	Mexico (iShares MSCI Invstbl.	$278,000	–	4,270	–	0.03%	–
EWK	New	Belgium (iShares MSCI Invstbl.	$286,000	–	21,000	–	0.03%	–
BBTPRF	New	BB&T Pfd 5.2%pfd	$277,000	–	12,000	–	0.03%	–
EWZ	New	Brazil (iShares MSCI Index)	$271,000	–	6,200	–	0.03%	–
EWQ	New	France (iShares MSCI Index)	$270,000	–	11,600	–	0.03%	–
ESRX	New	Express Scripts, Inc.	$262,000	–	4,246	–	0.03%	–
	New	Columbia Fdmmf	$258,000	–	15,395	–	0.03%	–
KLAC	New	KLA-Tencor Corp.	$260,000	–	4,680	–	0.03%	–
EWN	New	Netherlands (iShares MSCI Inde	$263,000	–	12,650	–	0.03%	–
MET	New	Metlife Co.	$241,000	–	5,280	–	0.02%	–
CB	New	Chubb Corp	$247,000	–	2,928	–	0.02%	–
	New	Vanguard Growth Fdmmf	$220,000	–	5,919	–	0.02%	–
	New	DFA Invt. Dim. Small Cap Valuemmf	$213,000	–	12,842	–	0.02%	–
	New	Principal MidCap Blendmmf	$202,000	–	11,281	–	0.02%	–
	New	Vanguard MidCap Fdmmf	$203,000	–	5,485	–	0.02%	–
HCP	New	HCP, Inc.	$202,000	–	4,450	–	0.02%	–
JPMPRCCL	New	JP Morgan PFD C 6.7%pfd	$205,000	–	8,100	–	0.02%	–
	New	DFA Dim. Grp. Intl. Small Cap.mmf	$207,000	–	12,726	–	0.02%	–
EGYF	New	Energy Finders Inc.	$0	–	10,000	–	0.00%	–

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