0000904163-12-000002.txt : 20120509 0000904163-12-000002.hdr.sgml : 20120509 20120509122419 ACCESSION NUMBER: 0000904163-12-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120509 DATE AS OF CHANGE: 20120509 EFFECTIVENESS DATE: 20120509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN NATIONAL INSURANCE CO /TX/ CENTRAL INDEX KEY: 0000904163 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 740484030 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04382 FILM NUMBER: 12824621 BUSINESS ADDRESS: STREET 1: ONE MOODY PLAZA, 14TH FL STREET 2: SEC UNIT - 8TH FLOOR CITY: GALVESTON STATE: TX ZIP: 77550 BUSINESS PHONE: 409-766-6480 MAIL ADDRESS: STREET 1: ONE MOODY PLZ CITY: GALVESTON STATE: TX ZIP: 77550 13F-HR 1 a13f0312anico.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: American National Insurance Company, Inc. Address: One Moody Plaza Galveston, TX 77550 Form 13F File Number: 28-04382 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gordon D. Dixon Title: Senior Vice President/Chief Investment Officer Phone: (281) 521-3482 Signature, Place, and Date of Signing: /s/ Gordon D. Dixon League City, TX January 10,2012 [Signature] [City, State] [Date] Report Type (Check only one.): [ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [X] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-__14457__________ __American National Registered Investment Advisor_ [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: ______________0__________ Form 13F Information Table Entry Total: ___________324_________ Form 13F Information Table Value Total: ________ 1,170__________ (thousands) List of Other Included Managers: None Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE [Repeat as necessary FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABB Ltd-Spon ADR COM 000375204 650 31850.00000 SH Sole 31850.00000 Abbott Labs. COM 002824100 10113 165000.00000 SH Sole 165000.00000 Adobe Systems COM 00724f101 6584 191900.00000 SH Sole 191900.00000 Aecom Technology Corp COM 00766T100 2064 92275.00000 SH Sole 92275.00000 Aegon NV ADR COM 007924103 62 11200.00000 SH Sole 11200.00000 Ageas COM 00844w109 47 21600.00000 SH Sole 21600.00000 Akamai Technologies Inc. COM 00971t101 3815 103950.00000 SH Sole 103950.00000 Alcatel-Lucent ADR COM 013904305 45 19900.00000 SH Sole 19900.00000 AllianceBernstein Holding LP COM 01881G106 183 11700.00000 SH Sole 11700.00000 Altria Group, Inc. COM 02209s103 16154 523300.00000 SH Sole 523300.00000 Amdocs Ltd COM G02602103 2571 81425.00000 SH Sole 81425.00000 Amedisys Inc. COM 023436108 905 62585.00000 SH Sole 62585.00000 Ameren Corp. 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COM 053484101 2280 16129.00000 SH Sole 16129.00000 AXA SA COM 054536107 435 26300.00000 SH Sole 26300.00000 Baker Hughes COM 057224107 4007 95550.00000 SH Sole 95550.00000 Banco Bilbao Vizcaya Argentari COM 05946K101 854 106836.00006 SH Sole 106836.00006 Banco Santander Central Hispan COM 05964h105 463 60300.00000 SH Sole 60300.00000 Bank of New York Mellon Corp. COM 064058100 5975 247632.00000 SH Sole 247632.00000 Barclays PLC ADR COM 06738e204 538 35500.00000 SH Sole 35500.00000 BASF SE ADR COM 055262505 1262 14450.00000 SH Sole 14450.00000 Baxter International, Inc. COM 071813109 2302 38500.00000 SH Sole 38500.00000 Bed Bath & Beyond Inc. COM 075896100 6291 95650.00000 SH Sole 95650.00000 BG Group Plc ADR COM 055434203 1805 78000.00000 SH Sole 78000.00000 BHP Billiton Ltd. ADR COM 088606108 1511 20875.00000 SH Sole 20875.00000 Blackstone Group LP COM 09253u108 3051 191375.00000 SH Sole 191375.00000 Block H&R COM 093671105 4023 244250.00000 SH Sole 244250.00000 Boardwalk Pipeline Partners L. COM 096627104 1394 52700.00000 SH Sole 52700.00000 Boeing Company COM 097023105 9802 131800.00000 SH Sole 131800.00000 Boston Properties Inc COM 101121101 1270 12100.00000 SH Sole 12100.00000 Boston Scientific COM 101137107 90 15000.00000 SH Sole 15000.00000 BP plc ADR COM 055622104 2007 44600.00000 SH Sole 44600.00000 BRE Properties COM 05564E106 3418 67615.00000 SH Sole 67615.00000 British American Tob SP ADR COM 110448107 1237 12225.00000 SH Sole 12225.00000 Broadcom Corp COM 111320107 4238 107825.00000 SH Sole 107825.00000 BT Group PLC ADR COM 05577e101 669 18500.00000 SH Sole 18500.00000 California Water Service Group COM 130788102 495 27200.00000 SH Sole 27200.00000 Cameron International Corp COM 13342B105 3968 75100.00000 SH Sole 75100.00000 Canon Inc. ADR COM 138006309 1176 24675.00000 SH Sole 24675.00000 Carefusion Corp. COM 14170T101 2328 89775.00000 SH Sole 89775.00000 Caterpillar Inc. COM 149123101 4895 45950.00000 SH Sole 45950.00000 CBS Corp. COM 124857202 3842 113300.00000 SH Sole 113300.00000 Celgene Corp. COM 151020104 10068 129875.00000 SH Sole 129875.00000 Cemex SAB de CV ADR COM 151290889 124 15964.00000 SH Sole 15964.00000 CenturyLink Inc. COM 156700106 1436 37147.00000 SH Sole 37147.00000 Charles Schwab Corp. COM 808513105 4067 283000.00000 SH Sole 283000.00000 Charter Communications Inc COM 16117m305 292 4596.00000 SH Sole 4596.00000 Chesapeake Energy Corp COM 165167107 2900 125150.00000 SH Sole 125150.00000 Cheung Kong Limited ADR COM 166744201 530 41000.00000 SH Sole 41000.00000 Chevron Corp. COM 166764100 23000 214536.00005 SH Sole 214536.00005 Church & Dwight Co. COM 171340102 6958 141450.00000 SH Sole 141450.00000 Cincinnati Financial COM 172062101 625 18100.00000 SH Sole 18100.00000 Cinemark Holdings Inc. 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COM 126650100 10645 237604.00000 SH Sole 237604.00000 Daimler AG ADR COM D1668R123 980 16200.00000 SH Sole 16200.00000 Danaher Corp. COM 235851102 11248 200850.00000 SH Sole 200850.00000 Danone ADR COM 23636t100 515 37000.00000 SH Sole 37000.00000 Darden Restaurants Inc. COM 237194105 6486 126775.00000 SH Sole 126775.00000 Davita Inc COM 23918K108 4281 47475.00000 SH Sole 47475.00000 DDR Corp COM 23317h102 251 17221.00000 SH Sole 17221.00000 Deutsche Bank ADR COM D18190898 438 8800.00000 SH Sole 8800.00000 Deutsche Telekom AG ADR COM 251566105 810 67400.00000 SH Sole 67400.00000 Diageo PLC ADR COM 25243q205 1093 11325.00000 SH Sole 11325.00000 Diamond Offshore Drilling COM 25271c102 1367 20475.00000 SH Sole 20475.00000 Diebold Inc COM 253651103 1475 38300.00000 SH Sole 38300.00000 DirectTV COM 25490a101 338 6845.00000 SH Sole 6845.00000 Donnelley (R.R.) & Sons COM 257867101 416 33600.00000 SH Sole 33600.00000 Dr. Pepper Snapple Group, Inc COM 26138e109 222 5520.00000 SH Sole 5520.00000 Du Pont (E.I.) De Nemours & Co COM 263534109 9182 173571.00000 SH Sole 173571.00000 Duke Energy Corp. COM 26441C105 6261 298000.00000 SH Sole 298000.00000 Duke Realty Corp. COM 264411505 270 18800.00000 SH Sole 18800.00000 Edwards Lifesciences Corp COM 28176E108 283 3892.00000 SH Sole 3892.00000 El Paso Corp. COM 28336l109 4659 157659.00000 SH Sole 157659.00000 EMC Corp. COM 268648102 8450 282800.00000 SH Sole 282800.00000 Endo Pharmaceuticals Holdings COM 29264F205 4351 112350.00000 SH Sole 112350.00000 Energizer Holdings Inc COM 29266R108 4838 65225.00000 SH Sole 65225.00000 ENI SPA ADR COM 26874r108 1125 24025.00000 SH Sole 24025.00000 Enterprise Products Partners L COM 293792107 2105 41700.00000 SH Sole 41700.00000 EOG Resources COM 26875p101 4619 41575.00000 SH Sole 41575.00000 Equity Residential Properties COM 29476l107 1008 16100.00000 SH Sole 16100.00000 Ericsson COM 294821608 1064 103200.00000 SH Sole 103200.00000 Ethan Allen Interiors Inc. COM 297602104 251 9900.00000 SH Sole 9900.00000 Express COM 30219e103 3123 125025.00000 SH Sole 125025.00000 Express Scripts Holding Compan COM 30219g108 4196 77450.00000 SH Sole 77450.00000 Exxon Mobil Corp. COM 30231g102 32578 375625.00000 SH Sole 375625.00000 Family Dollar Stores Inc. COM 307000109 728 11500.00000 SH Sole 11500.00000 Federal Mogul Corp. COM 313549404 589 34237.00000 SH Sole 34237.00000 Fedex Corp. COM 31428x106 2968 32275.00000 SH Sole 32275.00000 Finisar Corp COM 31787a507 3175 157550.00000 SH Sole 157550.00000 FirstEnergy Corp. COM 337932107 3087 67723.00000 SH Sole 67723.00000 Flowserve Corp. COM 34354P105 4753 41150.00000 SH Sole 41150.00000 FMC Technologies Inc COM 30249U101 4674 92700.00000 SH Sole 92700.00000 Fomento Economico Mexicana-SP COM 344419106 555 6750.00000 SH Sole 6750.00000 Foot Locker Inc. COM 344849104 4931 158800.00000 SH Sole 158800.00000 France Telecom ADR COM 35177q105 542 36500.00000 SH Sole 36500.00000 Frontier Communications Corp COM 35906a108 581 139428.00000 SH Sole 139428.00000 General Electric Co. COM 369604103 19827 987900.00000 SH Sole 987900.00000 General Growth Properties COM 370023103 311 18330.38790 SH Sole 18330.38790 Genuine Parts Co. COM 372460105 2127 33900.00000 SH Sole 33900.00000 Gilead Science Inc. COM 375558103 7629 156150.00000 SH Sole 156150.00000 GlaxoSmithKline plc ADR COM 37733W105 1639 36500.00000 SH Sole 36500.00000 Goldman Sachs Group COM 38141g104 7182 57750.00000 SH Sole 57750.00000 Google Inc. Cl A COM 38259P508 16336 25475.00000 SH Sole 25475.00000 Grupo Televisa SA ADR COM 40049j206 213 10125.00000 SH Sole 10125.00000 Halliburton Co. COM 406216101 4924 148350.00000 SH Sole 148350.00000 Harman International Industrie COM 413086109 524 11200.00000 SH Sole 11200.00000 Harris Corp. COM 413875105 7103 157575.00000 SH Sole 157575.00000 HCP Inc COM 40414L109 789 20000.00000 SH Sole 20000.00000 Health Care REIT, Inc. COM 42217k106 980 17825.00000 SH Sole 17825.00000 Heinz (H.J.) COM 423074103 5960 111300.00000 SH Sole 111300.00000 Hellenic Telecom Organization COM 423325307 87 41000.00000 SH Sole 41000.00000 Hewlett-Packard Co. COM 428236103 4540 190500.00000 SH Sole 190500.00000 Hitachi Ltd. ADR COM 433578507 615 9500.00000 SH Sole 9500.00000 Hologic Inc COM 436440101 3764 174650.00000 SH Sole 174650.00000 Home Depot, Inc. COM 437076102 9683 192475.00000 SH Sole 192475.00000 Honda Motor Co Ltd. ADR COM 438128308 2002 52100.00000 SH Sole 52100.00000 Honeywell International, Inc. COM 438516106 7097 116250.00000 SH Sole 116250.00000 Hormel Foods Corp COM 440452100 1181 40000.00000 SH Sole 40000.00000 Hunt (J.B.) Transport COM 445658107 979 18000.00000 SH Sole 18000.00000 Hutchison Whampoa Limited ADR COM 448415208 745 37250.00000 SH Sole 37250.00000 Infosys Ltd COM 456788108 2218 38900.00000 SH Sole 38900.00000 Ing Groep NV ADR COM 456837103 118 14200.00000 SH Sole 14200.00000 Intel Corp. COM 458140100 17555 624400.00000 SH Sole 624400.00000 International Business Machine COM 459200101 6672 31975.00000 SH Sole 31975.00000 International Game Technology COM 459902102 343 20400.00000 SH Sole 20400.00000 International Power ADR COM 46018m104 207 3200.00000 SH Sole 3200.00000 Intesa Sanpaolo ADR COM 46115h107 129 12041.00000 SH Sole 12041.00000 Itau Unibanco Holding SA ADR COM 465562106 449 23399.00004 SH Sole 23399.00004 Itron, Inc. COM 465741106 1931 42525.00000 SH Sole 42525.00000 Johnson & Johnson COM 478160104 14902 225925.00000 SH Sole 225925.00000 Johnson Controls, Inc. COM 478366107 4693 144500.00000 SH Sole 144500.00000 Jones Group Inc The COM 48020t101 242 19300.00000 SH Sole 19300.00000 Joy Global Inc. COM 481165108 2710 36875.00000 SH Sole 36875.00000 JPMorgan Chase & Co. COM 46625h100 15905 345907.00000 SH Sole 345907.00000 KB Financial Group Inc ADR COM 48241a105 271 7375.00000 SH Sole 7375.00000 Kellogg Co. COM 487836108 1974 36800.00000 SH Sole 36800.00000 Kennametal Inc. COM 489170100 797 17900.00000 SH Sole 17900.00000 Kimco Realty Corp. COM 49446r109 1640 85175.00000 SH Sole 85175.00000 Kinder Morgan Inc. COM 49456b101 1824 47200.00000 SH Sole 47200.00000 Kirin Holdings Co ADR COM 497350306 358 27500.00000 SH Sole 27500.00000 Knight Capital Group COM 499005106 260 20200.00000 SH Sole 20200.00000 Kohl's Corp. COM 500255104 4555 91050.00000 SH Sole 91050.00000 Koninklijke KPN NV ADR COM 780641205 182 16600.00000 SH Sole 16600.00000 Kraft Foods Inc. COM 50075N104 1279 33636.00000 SH Sole 33636.00000 Kubota Corp-Spon ADR COM 501173207 212 4375.00000 SH Sole 4375.00000 Leggett & Platt COM 524660107 532 23100.00000 SH Sole 23100.00000 Lexington Realty Trust COM 529043101 555 61754.93996 SH Sole 61754.93996 Liberty Property Trust COM 531172104 1825 51100.00000 SH Sole 51100.00000 Lilly (Eli) & Co. COM 532457108 7199 178800.00000 SH Sole 178800.00000 Limited Brands Inc. COM 532716107 5376 112000.00000 SH Sole 112000.00000 Linear Technology Corp. COM 535678106 1508 44750.00000 SH Sole 44750.00000 Lowe's Co. COM 548661107 7566 241100.00000 SH Sole 241100.00000 Lukoil ADR COM 677862104 380 6275.00000 SH Sole 6275.00000 Luxottica Group SPA ADR COM 55068r202 242 6700.00000 SH Sole 6700.00000 Macerich Co. COM 554382101 908 15719.00000 SH Sole 15719.00000 Mack-Cali Realty Corp. COM 554489104 461 16000.00000 SH Sole 16000.00000 Marsh & McLennan Companies, In COM 571748102 8257 251800.00000 SH Sole 251800.00000 Marvell Technology Group COM g5876h105 1828 116200.00000 SH Sole 116200.00000 Mattel Inc. COM 577081102 5986 177850.00000 SH Sole 177850.00000 Maxim Integrated Products, Inc COM 57772k101 4361 152525.00000 SH Sole 152525.00000 McCormick & Co. COM 579780206 4794 88075.00000 SH Sole 88075.00000 McDonald's Corp. COM 580135101 8571 87375.00000 SH Sole 87375.00000 McGraw-Hill Corp. COM 580645109 969 20000.00000 SH Sole 20000.00000 Mckesson HBOC Inc. COM 58155q103 1203 13710.00000 SH Sole 13710.00000 Mercadolibre Inc COM 58733r102 565 5775.00000 SH Sole 5775.00000 Merck & Co., Inc. COM 58933y105 9631 250800.00000 SH Sole 250800.00000 Metlife Inc COM 59156R108 5714 152975.00000 SH Sole 152975.00000 Microsoft Corp COM 594918104 28446 881900.00000 SH Sole 881900.00000 Mitsubishi UFJ Financial Group COM 606822104 1362 273550.00000 SH Sole 273550.00000 Mitsui & Co Ltd-Spons ADR COM 606827202 470 1425.00000 SH Sole 1425.00000 Molson Coors Brewing Company COM 60871r209 4294 94900.00000 SH Sole 94900.00000 Monsanto Co. COM 61166w101 3737 46850.00000 SH Sole 46850.00000 Moody's Corp COM 615369105 211 5000.00000 SH Sole 5000.00000 Morgan Stanley, Dean Witter, D COM 617446448 4221 214900.00000 SH Sole 214900.00000 Mylan Inc. COM 628530107 4908 209300.00000 SH Sole 209300.00000 National Fuel Gas Co. COM 636180101 433 9000.00000 SH Sole 9000.00000 National Oilwell Varco Inc COM 637071101 5823 73275.00000 SH Sole 73275.00000 Navistar International COM 63934E108 243 6000.00000 SH Sole 6000.00000 New York Community Bancorp COM 649445103 1863 133925.00000 SH Sole 133925.00000 NextEra Energy Inc COM 65339f101 4758 77900.00000 SH Sole 77900.00000 Nippon Telegraph & Telephone C COM 654624105 1422 62850.00000 SH Sole 62850.00000 Nisource Inc. COM 65473P105 4243 174250.00000 SH Sole 174250.00000 Norsk Hydro ASA ADR COM 656531605 109 20000.00000 SH Sole 20000.00000 Northrop Grumman Corp. COM 666807102 3059 50075.00000 SH Sole 50075.00000 Novartis ADR COM 66987v109 1806 32600.00000 SH Sole 32600.00000 Novo Nordisk ADR COM 670100205 1720 12400.00000 SH Sole 12400.00000 Occidental Petroleum COM 674599105 7452 78250.00000 SH Sole 78250.00000 Oracle Corp. COM 68389x105 9728 333600.00000 SH Sole 333600.00000 Panasonic Corp ADR COM 69832a205 636 68800.00000 SH Sole 68800.00000 Park National COM 700658107 221 3200.00000 SH Sole 3200.00000 Parker Hannifin COM 701094104 959 11346.00000 SH Sole 11346.00000 Patterson Companies Inc. COM 703395103 3160 94600.00000 SH Sole 94600.00000 Pepco Holdings, Inc. COM 713291102 291 15384.00000 SH Sole 15384.00000 PepsiCo, Inc. COM 713448108 12799 192900.00000 SH Sole 192900.00000 Petroleo Brasileiro SA ADR COM 71654v408 483 18200.00000 SH Sole 18200.00000 Petsmart Inc. COM 716768106 944 16500.00000 SH Sole 16500.00000 Pfizer, Inc. COM 717081103 15792 697374.00000 SH Sole 697374.00000 Philip Morris International In COM 718172109 3385 38200.00000 SH Sole 38200.00000 Pinnacle West Capital COM 723484101 618 12900.00000 SH Sole 12900.00000 Pitney Bowes Inc. COM 724479100 440 25000.00000 SH Sole 25000.00000 Plains All American Pipeline L COM 726503105 1977 25200.00000 SH Sole 25200.00000 PNC Financial Services Group COM 693475105 10072 156175.00000 SH Sole 156175.00000 Polaris Industries COM 731068102 1154 16000.00000 SH Sole 16000.00000 Portugal Telecom SGPS SA ADR COM 737273102 58 10800.00000 SH Sole 10800.00000 Potash Corp of Saskatchewan In COM 73755L107 1256 27500.00000 SH Sole 27500.00000 PPG Industries, Inc. COM 693506107 462 4825.00000 SH Sole 4825.00000 PPL Corp. COM 69351t106 1987 70300.00000 SH Sole 70300.00000 Praxair, Inc. COM 74005P104 4167 36350.00000 SH Sole 36350.00000 Principal Financial Group COM 74251V102 5919 200575.00000 SH Sole 200575.00000 Procter & Gamble, Inc. COM 742718109 18691 278100.00000 SH Sole 278100.00000 Prologis Trust COM 74340w103 911 25291.00000 SH Sole 25291.00000 Prudential Financial, Inc. COM 744320102 11114 175325.00000 SH Sole 175325.00000 Public Service Enterprise Grou COM 744573106 1053 34400.00000 SH Sole 34400.00000 Public Storage COM 74460d109 3150 22800.00000 SH Sole 22800.00000 Qualcomm Inc. COM 747525103 13663 200750.00000 SH Sole 200750.00000 Quest Diagnostics Inc COM 74834L100 758 12400.00000 SH Sole 12400.00000 Regal Entertainment Group - A COM 758766109 2035 149625.00000 SH Sole 149625.00000 Regions Financial Corp. COM 7591EP100 113 17220.00000 SH Sole 17220.00000 Repsol-YPF SA ADR COM 76026T205 293 11700.00000 SH Sole 11700.00000 Research In Motion Limited COM 760975102 694 47200.00000 SH Sole 47200.00000 Reynolds American Inc. COM 761713106 2022 48800.00000 SH Sole 48800.00000 Rio Tinto Plc ADR COM 767204100 812 14600.00000 SH Sole 14600.00000 Roche Holdings Ltd-Spons ADR COM 771195104 637 14650.00000 SH Sole 14650.00000 Rockwell Collins Inc. COM 774341101 5399 93800.00000 SH Sole 93800.00000 Royal Dutch Shell PLC COM 780259206 1003 14300.00000 SH Sole 14300.00000 Ryder Systems, Inc. COM 783549108 523 9900.00000 SH Sole 9900.00000 Sanofi COM 80105n105 1527 39400.00000 SH Sole 39400.00000 Santos Limited ADR COM 803021708 661 44800.00000 SH Sole 44800.00000 SAP ADR COM 803054204 1417 20300.00000 SH Sole 20300.00000 Sasol Ltd ADR COM 803866300 511 10500.00000 SH Sole 10500.00000 Sauer-Danfoss inc COM 804137107 2711 57675.00000 SH Sole 57675.00000 Scana Corp COM 80589M102 1031 22596.00000 SH Sole 22596.00000 Schlumberger Ltd. COM 806857108 9063 129600.00000 SH Sole 129600.00000 Shinhan Financial Grp ADR COM 824596100 330 4275.00000 SH Sole 4275.00000 Siemens AG ADR COM 826197501 1432 14200.00000 SH Sole 14200.00000 Simon Property Group, Inc. COM 828806109 1934 13277.00000 SH Sole 13277.00000 Singapore Telecom-SP ADR COM 82929R304 843 33630.00000 SH Sole 33630.00000 SLM Corp COM 78442p106 544 34500.00000 SH Sole 34500.00000 Smith A.O. Corp COM 831865209 1214 27000.00000 SH Sole 27000.00000 Sony Corp. ADR COM 835699307 582 28000.00000 SH Sole 28000.00000 Southern Co. COM 842587107 5981 133125.00000 SH Sole 133125.00000 Spectra Energy Corp COM 847560109 3770 119500.00000 SH Sole 119500.00000 Staples Inc. COM 855030102 3161 195250.00000 SH Sole 195250.00000 Starwood Hotels & Resorts Inc. COM 85590A401 5506 97600.00000 SH Sole 97600.00000 State Street Corp. COM 857477103 4692 103125.00000 SH Sole 103125.00000 Statoil ASA ADR COM 85771P102 467 17242.00000 SH Sole 17242.00000 Subsea 7 Sa COM 864323100 728 27550.00000 SH Sole 27550.00000 Swisscom AG ADR COM 871013108 307 7600.00000 SH Sole 7600.00000 Symantec Corp. 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COM 88164L100 2486 144125.00000 SH Sole 144125.00000 Teva Pharmaceutical Industries COM 881624209 709 15725.00000 SH Sole 15725.00000 Texas Instruments COM 882508104 6490 193100.00000 SH Sole 193100.00000 The Travelers Companies, Inc. COM 89417E109 9516 160751.00000 SH Sole 160751.00000 Thermo Fisher Scientific Inc COM 883556102 3593 63725.00000 SH Sole 63725.00000 Tibco Software COM 88632Q103 695 22800.00000 SH Sole 22800.00000 Timken Co COM 887389104 868 17100.00000 SH Sole 17100.00000 Tokio Marine Holdings Inc ADR COM 889094108 669 24250.00000 SH Sole 24250.00000 Total SA ADR COM 89151e109 1759 34400.00000 SH Sole 34400.00000 Toyota Motor Corp. ADR COM 892331307 3108 35800.00000 SH Sole 35800.00000 Transcanada Pipelines Ltd COM 89353d107 1296 30150.00000 SH Sole 30150.00000 Transocean Ltd COM H8817H100 2185 39938.00000 SH Sole 39938.00000 Tupperware Brands Corp COM 899896104 2070 32600.00000 SH Sole 32600.00000 Tyco International Ltd. 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