The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Abbott Labs COM 002824100 761 9,525 SH   DFND 1 9,525 0 0
Abbvie Inc COM 00287Y109 747 9,271 SH   DFND 1 9,271 0 0
Accenture PLC CL A COM G1151C101 866 4,920 SH   DFND 1 4,920 0 0
Activision Blizzard Inc COM 00507V109 868 19,054 SH   DFND 1 19,054 0 0
Adobe Inc COM 00724F101 1,857 6,967 SH   DFND 1 6,967 0 0
Air Products & Chemicals, Inc. COM 009158106 403 2,112 SH   DFND 1 2,112 0 0
Albemarle Corp COM 012653101 386 4,710 SH   DFND 1 4,710 0 0
Alexion Pharmaceuticals Inc COM 015351109 492 3,640 SH   DFND 1 3,640 0 0
Alibaba Group Holdings COM 01609W102 1,796 9,845 SH   DFND 1 9,845 0 0
Align Technology COM 016255101 562 1,978 SH   DFND 1 1,978 0 0
Allergan PLC COM G0177J108 333 2,276 SH   DFND 1 2,276 0 0
Allstate Corp COM 020002101 437 4,637 SH   DFND 1 4,637 0 0
Alphabet Inc Class A COM 02079K305 2,176 1,849 SH   DFND 1 1,849 0 0
Alphabet Inc Class C COM 02079K107 2,209 1,883 SH   DFND 1 1,883 0 0
Altria Group, Inc. COM 02209S103 835 14,547 SH   DFND 1 14,547 0 0
Amazon.com, Inc. COM 023135106 5,967 3,351 SH   DFND 1 3,351 0 0
American Campus Communities COM 024835100 223 4,685 SH   DFND 1 4,685 0 0
American Electric Power COM 025537101 743 8,875 SH   DFND 1 8,875 0 0
American Express COM 025816109 1,105 10,110 SH   DFND 1 10,110 0 0
American Water Works Co Inc COM 030420103 389 3,735 SH   DFND 1 3,735 0 0
Anadarko Petroleum Corp. COM 032511107 373 8,209 SH   DFND 1 8,209 0 0
Anthem Inc COM 036752103 1,345 4,687 SH   DFND 1 4,687 0 0
Apollo Global Management LLC COM 037612306 331 11,715 SH   DFND 1 11,715 0 0
Apple Inc COM 037833100 6,436 33,883 SH   DFND 1 33,883 0 0
Ares Capital Corp COM 04010L103 278 16,200 SH   DFND 1 16,200 0 0
Arthur J. Gallagher & Co. COM 363576109 924 11,832 SH   DFND 1 11,832 0 0
AT&T Inc. COM 00206R102 1,758 56,049 SH   DFND 1 56,049 0 0
Atmos Energy Corp. COM 049560105 582 5,650 SH   DFND 1 5,650 0 0
Bank of New York Mellon Corp. COM 064058100 784 15,549 SH   DFND 1 15,549 0 0
BB&T Corporation COM 054937107 440 9,458 SH   DFND 1 9,458 0 0
Becton Dickinson and Co COM 075887109 246 984 SH   DFND 1 984 0 0
Biomarin Pharmaceutical Inc COM 09061G101 331 3,725 SH   DFND 1 3,725 0 0
Blackstone Group LP COM 09253U108 350 10,000 SH   DFND 1 10,000 0 0
Bloomin Brands Inc COM 094235108 336 16,442 SH   DFND 1 16,442 0 0
Boeing Company COM 097023105 2,214 5,805 SH   DFND 1 5,805 0 0
Boston Properties Inc COM 101121101 361 2,700 SH   DFND 1 2,700 0 0
Broadcom Inc COM 11135f101 917 3,049 SH   DFND 1 3,049 0 0
Callon Petroleum Co COM 13123X102 262 34,766 SH   DFND 1 34,766 0 0
Capital One Financial COM 14040H105 516 6,318 SH   DFND 1 6,318 0 0
Caterpillar Inc. COM 149123101 536 3,955 SH   DFND 1 3,955 0 0
Celgene Corp. COM 151020104 714 7,572 SH   DFND 1 7,572 0 0
Charles Schwab Corp. COM 808513105 1,186 27,735 SH   DFND 1 27,735 0 0
Chart Industries Inc COM 16115Q308 468 5,165 SH   DFND 1 5,165 0 0
Cheniere Energy Inc COM 16411R208 522 7,630 SH   DFND 1 7,630 0 0
Chevron Corp. COM 166764100 1,704 13,830 SH   DFND 1 13,830 0 0
Church & Dwight Co. COM 171340102 1,017 14,275 SH   DFND 1 14,275 0 0
Cigna Corp COM 125523100 506 3,147 SH   DFND 1 3,147 0 0
Cinemark Holdings Inc. COM 17243V102 332 8,300 SH   DFND 1 8,300 0 0
Cisco Systems COM 17275R102 1,813 33,588 SH   DFND 1 33,588 0 0
Citigroup Inc. COM 172967424 909 14,610 SH   DFND 1 14,610 0 0
CMS Energy Corp. COM 125896100 877 15,793 SH   DFND 1 15,793 0 0
Coca-Cola COM 191216100 1,280 27,321 SH   DFND 1 27,321 0 0
Cognizant Tech Solutions Corp. COM 192446102 454 6,260 SH   DFND 1 6,260 0 0
Columbia Sportswear Co COM 198516106 699 6,711 SH   DFND 1 6,711 0 0
Comcast Corp COM 20030N101 1,560 39,030 SH   DFND 1 39,030 0 0
Comerica, Inc. COM 200340107 220 3,000 SH   DFND 1 3,000 0 0
Conagra Brands Inc COM 205887102 205 7,400 SH   DFND 1 7,400 0 0
Constellation Brands COM 21036P108 824 4,698 SH   DFND 1 4,698 0 0
Corning Inc. COM 219350105 368 11,118 SH   DFND 1 11,118 0 0
Costco Co. COM 22160K105 728 3,005 SH   DFND 1 3,005 0 0
Covanta Holding Corp COM 22282E102 215 12,400 SH   DFND 1 12,400 0 0
Cracker Barrel Old Country Sto COM 22410J106 242 1,500 SH   DFND 1 1,500 0 0
Crown Castle International Cor COM 22822V101 620 4,840 SH   DFND 1 4,840 0 0
Cummins Inc COM 231021106 561 3,555 SH   DFND 1 3,555 0 0
CVS Health Corp COM 126650100 595 11,039 SH   DFND 1 11,039 0 0
Danaher Corp. COM 235851102 1,113 8,428 SH   DFND 1 8,428 0 0
Darden Restaurants Inc. COM 237194105 1,225 10,085 SH   DFND 1 10,085 0 0
Davita Inc COM 23918K108 278 5,115 SH   DFND 1 5,115 0 0
DCP Midstream LP COM 23311P100 258 7,800 SH   DFND 1 7,800 0 0
Delek US Holding Inc COM 24665A103 448 12,295 SH   DFND 1 12,295 0 0
Digital Realty COM 253868103 500 4,200 SH   DFND 1 4,200 0 0
Discovery Inc COM 25470F104 427 15,800 SH   DFND 1 15,800 0 0
Dollar General COM 256677105 625 5,238 SH   DFND 1 5,238 0 0
Dominion Energy Inc COM 25746U109 545 7,113 SH   DFND 1 7,113 0 0
DowDuPont Inc COM 26078J100 746 13,986 SH   DFND 1 13,986 0 0
Duke Energy Corp. COM 26441C204 918 10,203 SH   DFND 1 10,203 0 0
Eagle Materials Inc COM 26969P108 379 4,500 SH   DFND 1 4,500 0 0
Edison Int'l COM 281020107 522 8,425 SH   DFND 1 8,425 0 0
Electronic Arts Inc. COM 285512109 471 4,631 SH   DFND 1 4,631 0 0
Enbridge Inc COM 29250N105 612 16,889 SH   DFND 1 16,889 0 0
Enterprise Products Partners L COM 293792107 376 12,906 SH   DFND 1 12,906 0 0
EOG Resources COM 26875P101 686 7,210 SH   DFND 1 7,210 0 0
EPAM Systems Inc COM 29414B104 785 4,640 SH   DFND 1 4,640 0 0
EPR Properties COM 26884U109 251 3,260 SH   DFND 1 3,260 0 0
Equity Residential Properties COM 29476L107 407 5,400 SH   DFND 1 5,400 0 0
Essex Property Trust Inc COM 297178105 326 1,128 SH   DFND 1 1,128 0 0
Evergy Inc COM 30034W106 358 6,170 SH   DFND 1 6,170 0 0
Exact Sciences Corp COM 30063P105 1,211 13,975 SH   DFND 1 13,975 0 0
Exelon Corp. COM 30161N101 590 11,765 SH   DFND 1 11,765 0 0
Expedia Group Inc COM 30212P303 445 3,740 SH   DFND 1 3,740 0 0
Exxon Mobil Corp. COM 30231G102 2,129 26,343 SH   DFND 1 26,343 0 0
Facebook Inc COM 30303M102 3,310 19,860 SH   DFND 1 19,860 0 0
Fedex Corp. COM 31428X106 580 3,198 SH   DFND 1 3,198 0 0
Fifth Third Bancorp COM 316773100 443 17,553 SH   DFND 1 17,553 0 0
Flowserve Corp. COM 34354P105 338 7,477 SH   DFND 1 7,477 0 0
Ford Motor Co. COM 345370860 171 19,425 SH   DFND 1 19,425 0 0
Fortive Corp COM 34959J108 260 3,097 SH   DFND 1 3,097 0 0
Freeport-McMoRan Inc COM 35671D857 155 11,995 SH   DFND 1 11,995 0 0
Garmin Ltd COM H2906T109 250 2,900 SH   DFND 1 2,900 0 0
General Electric Co. COM 369604103 685 68,557 SH   DFND 1 68,557 0 0
General Motors Inc COM 37045V100 286 7,715 SH   DFND 1 7,715 0 0
Gilead Science Inc COM 375558103 615 9,464 SH   DFND 1 9,464 0 0
Goldcorp Inc COM 380956409 418 36,537 SH   DFND 1 36,537 0 0
Goldman Sachs Group COM 38141G104 869 4,527 SH   DFND 1 4,527 0 0
Guidewire Software Inc COM 40171V100 495 5,090 SH   DFND 1 5,090 0 0
Halliburton Co. COM 406216101 323 11,017 SH   DFND 1 11,017 0 0
Hawaiian Electric Ind. COM 419870100 328 8,050 SH   DFND 1 8,050 0 0
HCP Inc COM 40414L109 256 8,175 SH   DFND 1 8,175 0 0
Hologic Inc COM 436440101 380 7,850 SH   DFND 1 7,850 0 0
Home Depot, Inc. COM 437076102 2,346 12,228 SH   DFND 1 12,228 0 0
Honeywell International, Inc. COM 438516106 1,834 11,541 SH   DFND 1 11,541 0 0
Host Hotels & Resorts Inc. COM 44107P104 627 33,172 SH   DFND 1 33,172 0 0
HP Inc COM 40434L105 375 19,325 SH   DFND 1 19,325 0 0
Icahn Enterprises LP COM 451100101 402 5,550 SH   DFND 1 5,550 0 0
Insulet Corp COM 45784P101 547 5,755 SH   DFND 1 5,755 0 0
Intel Corp. COM 458140100 2,022 37,656 SH   DFND 1 37,656 0 0
International Business Machine COM 459200101 680 4,821 SH   DFND 1 4,821 0 0
Iron Mountain Inc. COM 46284V101 543 15,305 SH   DFND 1 15,305 0 0
JD.com Inc COM 47215P106 365 12,105 SH   DFND 1 12,105 0 0
Johnson & Johnson COM 478160104 2,767 19,795 SH   DFND 1 19,795 0 0
JPMorgan Chase & Co. COM 46625H100 2,876 28,414 SH   DFND 1 28,414 0 0
Kimco Realty Corp. COM 49446R109 185 10,000 SH   DFND 1 10,000 0 0
Kinder Morgan Inc. COM 49456B101 218 10,907 SH   DFND 1 10,907 0 0
KKR & Co Inc COM 48251w104 278 11,825 SH   DFND 1 11,825 0 0
Kroger Co COM 501044101 456 18,535 SH   DFND 1 18,535 0 0
Lamar Advertising Co COM 512816109 246 3,100 SH   DFND 1 3,100 0 0
Las Vegas Sands COM 517834107 331 5,425 SH   DFND 1 5,425 0 0
Liberty Property Trust COM 531172104 299 6,175 SH   DFND 1 6,175 0 0
Lilly (Eli) & Co. COM 532457108 1,976 15,226 SH   DFND 1 15,226 0 0
Lowe's Co. COM 548661107 1,083 9,894 SH   DFND 1 9,894 0 0
Macerich Co. COM 554382101 238 5,496 SH   DFND 1 5,496 0 0
Marathon Petroleum Corp. COM 56585A102 422 7,050 SH   DFND 1 7,050 0 0
Marriott International COM 571903202 670 5,360 SH   DFND 1 5,360 0 0
Marsh & McLennan Companies, In COM 571748102 1,312 13,975 SH   DFND 1 13,975 0 0
McCormick & Co. COM 579780206 613 4,071 SH   DFND 1 4,071 0 0
McDonald's Corp. COM 580135101 1,890 9,953 SH   DFND 1 9,953 0 0
Medtronic Inc COM G5960L103 481 5,283 SH   DFND 1 5,283 0 0
Merck & Co., Inc. COM 58933Y105 1,893 22,755 SH   DFND 1 22,755 0 0
Metlife Inc COM 59156R108 481 11,298 SH   DFND 1 11,298 0 0
Micron Technology Inc. COM 595112103 352 8,525 SH   DFND 1 8,525 0 0
Microsoft Corp COM 594918104 7,403 62,766 SH   DFND 1 62,766 0 0
Minerals Technologies Inc COM 603158106 321 5,465 SH   DFND 1 5,465 0 0
Mohawk Industries Inc. COM 608190104 208 1,650 SH   DFND 1 1,650 0 0
Molson Coors Brewing Company COM 60871R209 510 8,547 SH   DFND 1 8,547 0 0
Mondelez International Inc COM 609207105 670 13,423 SH   DFND 1 13,423 0 0
Morgan Stanley, Dean Witter, D COM 617446448 1,000 23,698 SH   DFND 1 23,698 0 0
MRC Global Inc COM 55345K103 254 14,535 SH   DFND 1 14,535 0 0
National Fuel Gas Co. COM 636180101 421 6,900 SH   DFND 1 6,900 0 0
Netflix Inc COM 64110L106 1,359 3,812 SH   DFND 1 3,812 0 0
NextEra Energy Inc COM 65339F101 909 4,700 SH   DFND 1 4,700 0 0
Nisource Inc. COM 65473P105 530 18,497 SH   DFND 1 18,497 0 0
Northrop Grumman Corp. COM 666807102 1,671 6,197 SH   DFND 1 6,197 0 0
Nutrien LTD COM 67077M108 557 10,566 SH   DFND 1 10,566 0 0
NVIDIA Corp. COM 67066G104 835 4,650 SH   DFND 1 4,650 0 0
Oaktree Specialty Lending Co COM 67401P108 108 20,815 SH   DFND 1 20,815 0 0
Oracle Corp. COM 68389X105 1,520 28,298 SH   DFND 1 28,298 0 0
Palo Alto Networks Inc COM 697435105 455 1,875 SH   DFND 1 1,875 0 0
PepsiCo, Inc. COM 713448108 1,498 12,223 SH   DFND 1 12,223 0 0
Pfizer, Inc. COM 717081103 2,069 48,723 SH   DFND 1 48,723 0 0
Philip Morris International In COM 718172109 261 2,950 SH   DFND 1 2,950 0 0
PNC Financial Services Group COM 693475105 1,316 10,732 SH   DFND 1 10,732 0 0
PPG Industries, Inc. COM 693506107 673 5,965 SH   DFND 1 5,965 0 0
PPL Corp. COM 69351T106 368 11,607 SH   DFND 1 11,607 0 0
Principal Financial Group COM 74251V102 638 12,706 SH   DFND 1 12,706 0 0
Procter & Gamble Inc COM 742718109 1,788 17,188 SH   DFND 1 17,188 0 0
Prologis Trust COM 74340W103 749 10,410 SH   DFND 1 10,410 0 0
Prudential Financial, Inc. COM 744320102 959 10,437 SH   DFND 1 10,437 0 0
PTC Inc COM 69370C100 724 7,853 SH   DFND 1 7,853 0 0
Public Service Enterprise Grou COM 744573106 321 5,400 SH   DFND 1 5,400 0 0
Qualcomm Inc. COM 747525103 602 10,548 SH   DFND 1 10,548 0 0
Quest Diagnostics Inc COM 74834L100 238 2,650 SH   DFND 1 2,650 0 0
Red Hat Inc. COM 756577102 902 4,935 SH   DFND 1 4,935 0 0
Rexnord Corp COM 76169B102 325 12,930 SH   DFND 1 12,930 0 0
RingCentral Inc COM 76680R206 1,199 11,126 SH   DFND 1 11,126 0 0
Sabra Health Care REIT Inc COM 78573L106 259 13,284 SH   DFND 1 13,284 0 0
Salesforce.com Inc COM 79466L302 1,231 7,775 SH   DFND 1 7,775 0 0
Schlumberger Ltd. COM 806857108 499 11,442 SH   DFND 1 11,442 0 0
Seagate Technology COM G7945M107 216 4,500 SH   DFND 1 4,500 0 0
Sealed Air Corp. COM 81211K100 306 6,650 SH   DFND 1 6,650 0 0
Servicenow Inc COM 81762P102 1,021 4,144 SH   DFND 1 4,144 0 0
Simon Property Group, Inc. COM 828806109 370 2,030 SH   DFND 1 2,030 0 0
Southern Co. COM 842587107 879 17,015 SH   DFND 1 17,015 0 0
Splunk Inc COM 848637104 883 7,087 SH   DFND 1 7,087 0 0
Starbucks Corp. COM 855244109 529 7,115 SH   DFND 1 7,115 0 0
T Mobile US Inc COM 872590104 547 7,915 SH   DFND 1 7,915 0 0
Take-Two Interactive Software COM 874054109 373 3,950 SH   DFND 1 3,950 0 0
Target Corp. COM 87612E106 1,204 15,006 SH   DFND 1 15,006 0 0
Texas Instruments COM 882508104 684 6,446 SH   DFND 1 6,446 0 0
The Travelers Companies, Inc. COM 89417E109 615 4,483 SH   DFND 1 4,483 0 0
Thermo Fisher Scientific Inc COM 883556102 1,671 6,106 SH   DFND 1 6,106 0 0
Total System Services COM 891906109 651 6,856 SH   DFND 1 6,856 0 0
Tractor Supply Company COM 892356106 287 2,933 SH   DFND 1 2,933 0 0
Transcanada Corp COM 89353D107 417 9,283 SH   DFND 1 9,283 0 0
U.S. Bancorp COM 902973304 873 18,116 SH   DFND 1 18,116 0 0
UDR Inc COM 902653104 477 10,482 SH   DFND 1 10,482 0 0
Union Pacific COM 907818108 1,423 8,512 SH   DFND 1 8,512 0 0
United Health Group Inc. COM 91324P102 1,526 6,170 SH   DFND 1 6,170 0 0
United Parcel Services Cl B COM 911312106 887 7,942 SH   DFND 1 7,942 0 0
United Technologies COM 913017109 1,179 9,149 SH   DFND 1 9,149 0 0
Valero Energy Corp. COM 91913Y100 350 4,125 SH   DFND 1 4,125 0 0
Vector Group Ltd COM 92240M108 151 13,971 SH   DFND 1 13,971 0 0
Verizon Communications Inc COM 92343V104 1,536 25,985 SH   DFND 1 25,985 0 0
Vertex Pharmaceuticals Inc COM 92532F100 555 3,015 SH   DFND 1 3,015 0 0
Visa Inc COM 92826C839 1,678 10,745 SH   DFND 1 10,745 0 0
Vulcan Materials COM 929160109 206 1,738 SH   DFND 1 1,738 0 0
Walgreens Boots Alliance Inc COM 931427108 373 5,903 SH   DFND 1 5,903 0 0
Walmart Stores Inc COM 931142103 1,393 14,285 SH   DFND 1 14,285 0 0
Walt Disney Co. COM 254687106 1,332 12,000 SH   DFND 1 12,000 0 0
Wells Fargo Co. COM 949746101 1,249 25,858 SH   DFND 1 25,858 0 0
Welltower Inc COM 95040Q104 314 4,050 SH   DFND 1 4,050 0 0
Western Digital COM 958102105 347 7,215 SH   DFND 1 7,215 0 0
Western Midstream Partners LP COM 958669103 297 9,455 SH   DFND 1 9,455 0 0
Weyerhaeuser Co. COM 962166104 249 9,440 SH   DFND 1 9,440 0 0
Williams Cos. COM 969457100 276 9,600 SH   DFND 1 9,600 0 0
Zoetis COM 98978V103 830 8,244 SH   DFND 1 8,244 0 0