0000904163-12-000004.txt : 20121113 0000904163-12-000004.hdr.sgml : 20121112 20121113105856 ACCESSION NUMBER: 0000904163-12-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121113 DATE AS OF CHANGE: 20121113 EFFECTIVENESS DATE: 20121113 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: 121196787 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 a13f0912anico.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: September 30, 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 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: _____________________________ League City, TX __September 30, 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: ___________319_________ Form 13F Information Table Value Total: ________ 1182_________ (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. 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 596 31850.00000 SH Sole 31850.00000 Abbott Labs. COM 002824100 11312 165000.00000 SH Sole 165000.00000 Adobe Systems COM 00724f101 6224 191900.00000 SH Sole 191900.00000 Aecom Technology Corp COM 00766T100 2004 94725.00000 SH Sole 94725.00000 Aegon NV ADR COM 007924103 58 11200.00000 SH Sole 11200.00000 Akamai Technologies Inc. COM 00971t101 4015 104950.00000 SH Sole 104950.00000 Alcatel-Lucent ADR COM 013904305 22 19900.00000 SH Sole 19900.00000 AllianceBernstein Holding LP COM 01881G106 180 11700.00000 SH Sole 11700.00000 Altria Group, Inc. COM 02209s103 17473 523300.00000 SH Sole 523300.00000 Amdocs Ltd COM G02602103 2686 81425.00000 SH Sole 81425.00000 Amedisys Inc. COM 023436108 865 62585.00000 SH Sole 62585.00000 Ameren Corp. COM 023608102 894 27360.00000 SH Sole 27360.00000 America Movil SA de CV ADR COM 02364w105 732 28800.00000 SH Sole 28800.00000 American Express COM 025816109 7638 134325.00000 SH Sole 134325.00000 American States Water Co COM 029899101 733 16500.00000 SH Sole 16500.00000 Anadarko Petroleum Corp. COM 032511107 6578 94075.00000 SH Sole 94075.00000 Anheuser-Busch COM 03524a108 7375 85850.00000 SH Sole 85850.00000 Apple Inc COM 037833100 41377 62025.00000 SH Sole 62025.00000 Applied Materials Inc. COM 038222105 210 18775.00000 SH Sole 18775.00000 Arch Coal Inc COM 039380100 1359 214750.00000 SH Sole 214750.00000 Arrow Financial Corp COM 042744102 1377 55070.82000 SH Sole 55070.82000 Arthur J. Gallagher & Co. COM 363576109 4850 135400.00000 SH Sole 135400.00000 AstraZeneca Group PLC ADR COM 046353108 631 13175.00000 SH Sole 13175.00000 AT&T Inc. COM 00206R102 16269 431528.00000 SH Sole 431528.00000 Atmos Energy Corp. COM 049560105 1784 49850.00000 SH Sole 49850.00000 Avalonbay Communities, Inc. COM 053484101 2193 16129.00000 SH Sole 16129.00000 AXA SA COM 054536107 392 26300.00000 SH Sole 26300.00000 Baker Hughes COM 057224107 4412 97550.00000 SH Sole 97550.00000 Banco Bilbao Vizcaya Argentari COM 05946K101 828 106836.00006 SH Sole 106836.00006 Banco Santander Central Hispan COM 05964h105 450 60300.00000 SH Sole 60300.00000 Bank of New York Mellon Corp. COM 064058100 5601 247632.00000 SH Sole 247632.00000 Barclays PLC ADR COM 06738e204 492 35500.00000 SH Sole 35500.00000 BASF SE ADR COM 055262505 1220 14450.00000 SH Sole 14450.00000 Baxter International, Inc. COM 071813109 2574 42700.00000 SH Sole 42700.00000 Bed Bath & Beyond Inc. COM 075896100 6026 95650.00000 SH Sole 95650.00000 BG Group Plc ADR COM 055434203 1574 78000.00000 SH Sole 78000.00000 BHP Billiton Ltd. ADR COM 088606108 1432 20875.00000 SH Sole 20875.00000 Blackstone Group LP COM 09253u108 2733 191375.00000 SH Sole 191375.00000 Block H&R COM 093671105 4233 244250.00000 SH Sole 244250.00000 Boardwalk Pipeline Partners L. COM 096627104 1470 52700.00000 SH Sole 52700.00000 Boeing Company COM 097023105 9173 131800.00000 SH Sole 131800.00000 Boston Properties Inc COM 101121101 1338 12100.00000 SH Sole 12100.00000 Boston Scientific COM 101137107 86 15000.00000 SH Sole 15000.00000 BP plc ADR COM 055622104 1889 44600.00000 SH Sole 44600.00000 BRE Properties COM 05564E106 3170 67615.00000 SH Sole 67615.00000 British American Tob SP ADR COM 110448107 1255 12225.00000 SH Sole 12225.00000 Broadcom Corp COM 111320107 3879 112200.00000 SH Sole 112200.00000 BT Group PLC ADR COM 05577e101 688 18500.00000 SH Sole 18500.00000 California Water Service Group COM 130788102 507 27200.00000 SH Sole 27200.00000 Cameron International Corp COM 13342B105 4362 77800.00000 SH Sole 77800.00000 Canon Inc. ADR COM 138006309 790 24675.00000 SH Sole 24675.00000 Capital One Financial COM 14040H105 4770 83675.00000 SH Sole 83675.00000 Carefusion Corp. COM 14170T101 2603 91675.00000 SH Sole 91675.00000 Caterpillar Inc. COM 149123101 3954 45950.00000 SH Sole 45950.00000 CBS Corp. COM 124857202 4116 113300.00000 SH Sole 113300.00000 Celgene Corp. COM 151020104 9922 129875.00000 SH Sole 129875.00000 Cemex SAB de CV ADR COM 151290889 133 15960.00000 SH Sole 15960.00000 CenturyLink Inc. COM 156700106 1665 41223.00000 SH Sole 41223.00000 Charles Schwab Corp. COM 808513105 3644 285000.00000 SH Sole 285000.00000 Charter Communications Inc COM 16117m305 345 4596.00000 SH Sole 4596.00000 Chesapeake Energy Corp COM 165167107 2362 125150.00000 SH Sole 125150.00000 Cheung Kong Limited ADR COM 166744201 601 41000.00000 SH Sole 41000.00000 Chevron Corp. COM 166764100 24837 213086.00005 SH Sole 213086.00005 Church & Dwight Co. COM 171340102 7637 141450.00000 SH Sole 141450.00000 Cincinnati Financial COM 172062101 549 14500.00000 SH Sole 14500.00000 Cinemark Holdings Inc. COM 17243v102 3035 135325.00000 SH Sole 135325.00000 Cisco Systems COM 17275R102 10516 550700.00000 SH Sole 550700.00000 CIT Group COM 125581801 1410 35800.00000 SH Sole 35800.00000 Coca-Cola COM 191216100 922 24300.00000 SH Sole 24300.00000 Comerica, Inc. COM 200340107 528 17000.00000 SH Sole 17000.00000 Companhia De Bebidas-Prf ADR COM 20441W203 890 23250.00000 SH Sole 23250.00000 Companhia Vale do Rio Doce ADR COM 91912e105 222 12400.00000 SH Sole 12400.00000 Consolidated Edison COM 209115104 5035 84075.00000 SH Sole 84075.00000 Cooper Tire & Rubber Co. COM 216831107 480 25000.00000 SH Sole 25000.00000 Corning Inc. COM 219350105 3420 260075.00000 SH Sole 260075.00000 Covidien PLC COM G2554f113 4779 80425.00000 SH Sole 80425.00000 Cummins Inc COM 231021106 3575 38775.00000 SH Sole 38775.00000 CVS Caremark Corp. COM 126650100 11505 237604.00000 SH Sole 237604.00000 Daimler AG ADR COM D1668R123 789 16200.00000 SH Sole 16200.00000 Danaher Corp. COM 235851102 9036 163850.00000 SH Sole 163850.00000 Danone ADR COM 23636t100 456 37000.00000 SH Sole 37000.00000 Darden Restaurants Inc. COM 237194105 7068 126775.00000 SH Sole 126775.00000 Davita Inc COM 23918K108 4919 47475.00000 SH Sole 47475.00000 DDR Corp COM 23317h102 265 17221.00000 SH Sole 17221.00000 Deutsche Bank ADR COM D18190898 349 8800.00000 SH Sole 8800.00000 Deutsche Telekom AG ADR COM 251566105 830 67400.00000 SH Sole 67400.00000 Diageo PLC ADR COM 25243q205 1277 11325.00000 SH Sole 11325.00000 Diamond Offshore Drilling COM 25271c102 1347 20475.00000 SH Sole 20475.00000 Diebold Inc COM 253651103 1291 38300.00000 SH Sole 38300.00000 Donnelley (R.R.) & Sons COM 257867101 285 26900.00000 SH Sole 26900.00000 Dr. Pepper Snapple Group, Inc COM 26138e109 246 5520.00000 SH Sole 5520.00000 Du Pont (E.I.) De Nemours & Co COM 263534109 8725 173571.00000 SH Sole 173571.00000 Duke Energy Corp. COM 26441C204 6436 99329.00001 SH Sole 99329.00001 Duke Realty Corp. COM 264411505 276 18800.00000 SH Sole 18800.00000 Eaton Corp. COM 278058102 1767 37375.00000 SH Sole 37375.00000 Edwards Lifesciences Corp COM 28176E108 418 3892.00000 SH Sole 3892.00000 EMC Corp. COM 268648102 7618 279350.00000 SH Sole 279350.00000 Enbridge Energy Partners LP COM 29250r106 2737 92975.00000 SH Sole 92975.00000 Endo Health Solutions Inc COM 29264F205 3634 114550.00000 SH Sole 114550.00000 Energizer Holdings Inc COM 29266R108 4866 65225.00000 SH Sole 65225.00000 ENI SPA ADR COM 26874r108 1053 24025.00000 SH Sole 24025.00000 Enterprise Products Partners L COM 293792107 2235 41700.00000 SH Sole 41700.00000 EOG Resources COM 26875p101 4905 43775.00000 SH Sole 43775.00000 Equity Residential Properties COM 29476l107 926 16100.00000 SH Sole 16100.00000 Ericsson COM 294821608 941 103200.00000 SH Sole 103200.00000 Ethan Allen Interiors Inc. COM 297602104 217 9900.00000 SH Sole 9900.00000 Express COM 30219e103 1887 127325.00000 SH Sole 127325.00000 Express Scripts Holding Compan COM 30219g108 4851 77450.00000 SH Sole 77450.00000 Exxon Mobil Corp. COM 30231g102 34726 379725.00000 SH Sole 379725.00000 Federal Mogul Corp. COM 313549404 313 34237.00000 SH Sole 34237.00000 Fedex Corp. COM 31428x106 2731 32275.00000 SH Sole 32275.00000 Finisar Corp COM 31787a507 2308 161150.00000 SH Sole 161150.00000 FirstEnergy Corp. COM 337932107 2987 67723.00000 SH Sole 67723.00000 Flowserve Corp. COM 34354P105 5257 41150.00000 SH Sole 41150.00000 FMC Technologies Inc COM 30249U101 4394 94900.00000 SH Sole 94900.00000 Fomento Economico Mexicana-SP COM 344419106 621 6750.00000 SH Sole 6750.00000 France Telecom ADR COM 35177q105 446 36500.00000 SH Sole 36500.00000 Freeport-McMoRan Copper & Gold COM 35671d857 6219 157125.00000 SH Sole 157125.00000 Frontier Communications Corp COM 35906a108 685 139428.00000 SH Sole 139428.00000 General Electric Co. COM 369604103 22583 994400.00000 SH Sole 994400.00000 General Growth Properties COM 370023103 357 18331.00000 SH Sole 18331.00000 Genuine Parts Co. COM 372460105 2069 33900.00000 SH Sole 33900.00000 Gilead Science Inc. COM 375558103 10357 156150.00000 SH Sole 156150.00000 GlaxoSmithKline plc ADR COM 37733W105 1688 36500.00000 SH Sole 36500.00000 Goldman Sachs Group COM 38141g104 6713 59050.00000 SH Sole 59050.00000 Goodyear Tire & Rubber Company COM 382550101 2763 226675.00000 SH Sole 226675.00000 Google Inc. Cl A COM 38259P508 19221 25475.00000 SH Sole 25475.00000 Grupo Televisa SA ADR COM 40049j206 238 10125.00000 SH Sole 10125.00000 Halliburton Co. COM 406216101 5134 152375.00000 SH Sole 152375.00000 Harman International Industrie COM 413086109 517 11200.00000 SH Sole 11200.00000 Harris Corp. COM 413875105 8071 157575.00000 SH Sole 157575.00000 HCP Inc COM 40414L109 890 20000.00000 SH Sole 20000.00000 Health Care REIT, Inc. COM 42217k106 1233 21350.00000 SH Sole 21350.00000 Heinz (H.J.) COM 423074103 6227 111300.00000 SH Sole 111300.00000 Hellenic Telecom Organization COM 423325307 77 41000.00000 SH Sole 41000.00000 Hewlett-Packard Co. COM 428236103 3250 190500.00000 SH Sole 190500.00000 Hitachi Ltd. ADR COM 433578507 530 9500.00000 SH Sole 9500.00000 Hologic Inc COM 436440101 3633 179650.00000 SH Sole 179650.00000 Home Depot, Inc. COM 437076102 11620 192475.00000 SH Sole 192475.00000 Honda Motor Co Ltd. ADR COM 438128308 1610 52100.00000 SH Sole 52100.00000 Honeywell International, Inc. COM 438516106 7018 117450.00000 SH Sole 117450.00000 Hormel Foods Corp COM 440452100 1170 40000.00000 SH Sole 40000.00000 Hunt (J.B.) Transport COM 445658107 937 18000.00000 SH Sole 18000.00000 Hutchison Whampoa Limited ADR COM 448415208 723 37250.00000 SH Sole 37250.00000 Infosys Ltd COM 456788108 1888 38900.00000 SH Sole 38900.00000 Ing Groep NV ADR COM 456837103 112 14200.00000 SH Sole 14200.00000 Intel Corp. COM 458140100 14146 624400.00000 SH Sole 624400.00000 International Business Machine COM 459200101 6602 31825.00000 SH Sole 31825.00000 International Game Technology COM 459902102 267 20400.00000 SH Sole 20400.00000 Intesa Sanpaolo ADR COM 46115h107 110 12041.00000 SH Sole 12041.00000 Invesco Ltd COM g491bt108 4724 189050.00000 SH Sole 189050.00000 Itau Unibanco Holding SA ADR COM 465562106 358 23399.00004 SH Sole 23399.00004 Itron, Inc. COM 465741106 1878 43550.00000 SH Sole 43550.00000 Johnson & Johnson COM 478160104 15568 225925.00000 SH Sole 225925.00000 Johnson Controls, Inc. COM 478366107 3981 145300.00000 SH Sole 145300.00000 Jones Group Inc The COM 48020t101 248 19300.00000 SH Sole 19300.00000 Joy Global Inc. COM 481165108 2158 38500.00000 SH Sole 38500.00000 JPMorgan Chase & Co. COM 46625h100 14002 345907.00000 SH Sole 345907.00000 KB Financial Group Inc ADR COM 48241a105 260 7375.00000 SH Sole 7375.00000 Kellogg Co. COM 487836108 1901 36800.00000 SH Sole 36800.00000 Kennametal Inc. COM 489170100 664 17900.00000 SH Sole 17900.00000 Kimco Realty Corp. COM 49446r109 1726 85175.00000 SH Sole 85175.00000 Kinder Morgan Inc. COM 49456b101 4055 114150.42500 SH Sole 114150.42500 Kirin Holdings Co ADR COM 497350306 369 27500.00000 SH Sole 27500.00000 Kohl's Corp. COM 500255104 4664 91050.00000 SH Sole 91050.00000 Koninklijke KPN NV ADR COM 780641205 127 16600.00000 SH Sole 16600.00000 Koninklijke Philips Electronic COM 500472303 220 9400.00000 SH Sole 9400.00000 Kraft Foods Inc COM 50075n104 1391 33636.00000 SH Sole 33636.00000 Kubota Corp-Spon ADR COM 501173207 221 4375.00000 SH Sole 4375.00000 Leggett & Platt COM 524660107 463 18500.00000 SH Sole 18500.00000 Lexington Realty Trust COM 529043101 597 61754.93996 SH Sole 61754.93996 Liberty Property Trust COM 531172104 1852 51100.00000 SH Sole 51100.00000 Lilly (Eli) & Co. COM 532457108 8477 178800.00000 SH Sole 178800.00000 Limited Brands Inc. COM 532716107 5517 112000.00000 SH Sole 112000.00000 Linear Technology Corp. COM 535678106 1344 42250.00000 SH Sole 42250.00000 Lowe's Co. COM 548661107 7291 241100.00000 SH Sole 241100.00000 Lukoil ADR COM 677862104 387 6275.00000 SH Sole 6275.00000 Luxottica Group SPA ADR COM 55068r202 236 6700.00000 SH Sole 6700.00000 Macerich Co. COM 554382101 900 15719.00000 SH Sole 15719.00000 Mack-Cali Realty Corp. COM 554489104 426 16000.00000 SH Sole 16000.00000 Marsh & McLennan Companies, In COM 571748102 8544 251800.00000 SH Sole 251800.00000 Marvell Technology Group COM g5876h105 1064 116200.00000 SH Sole 116200.00000 Mattel Inc. COM 577081102 6308 177850.00000 SH Sole 177850.00000 Maxim Integrated Products, Inc COM 57772k101 4144 155675.00000 SH Sole 155675.00000 McCormick & Co. COM 579780206 5464 88075.00000 SH Sole 88075.00000 McDonald's Corp. COM 580135101 8118 88475.00000 SH Sole 88475.00000 Mckesson HBOC Inc. COM 58155q103 1179 13710.00000 SH Sole 13710.00000 Mercadolibre Inc COM 58733r102 477 5775.00000 SH Sole 5775.00000 Merck & Co., Inc. COM 58933y105 11535 255800.00000 SH Sole 255800.00000 Metlife Inc COM 59156R108 5316 154275.00000 SH Sole 154275.00000 Microsoft Corp COM 594918104 26245 881900.00000 SH Sole 881900.00000 Mitsubishi UFJ Financial Group COM 606822104 1272 273550.00000 SH Sole 273550.00000 Mitsui & Co Ltd-Spons ADR COM 606827202 402 1425.00000 SH Sole 1425.00000 Molson Coors Brewing Company COM 60871r209 4275 94900.00000 SH Sole 94900.00000 Monsanto Co. COM 61166w101 4264 46850.00000 SH Sole 46850.00000 Morgan Stanley, Dean Witter, D COM 617446448 3597 214900.00000 SH Sole 214900.00000 Mylan Inc. COM 628530107 5159 211700.00000 SH Sole 211700.00000 National Fuel Gas Co. COM 636180101 486 9000.00000 SH Sole 9000.00000 National Oilwell Varco Inc COM 637071101 5870 73275.00000 SH Sole 73275.00000 New York Community Bancorp COM 649445103 1896 133925.00000 SH Sole 133925.00000 NextEra Energy Inc COM 65339f101 5479 77900.00000 SH Sole 77900.00000 Nippon Telegraph & Telephone C COM 654624105 1490 62850.00000 SH Sole 62850.00000 Nisource Inc. COM 65473P105 4440 174250.00000 SH Sole 174250.00000 Norsk Hydro ASA ADR COM 656531605 94 20000.00000 SH Sole 20000.00000 Northrop Grumman Corp. COM 666807102 3326 50075.00000 SH Sole 50075.00000 Novartis ADR COM 66987v109 1997 32600.00000 SH Sole 32600.00000 Novo Nordisk ADR COM 670100205 1957 12400.00000 SH Sole 12400.00000 Occidental Petroleum COM 674599105 6872 79850.00000 SH Sole 79850.00000 Oracle Corp. COM 68389x105 10589 336600.00000 SH Sole 336600.00000 Panasonic Corp ADR COM 69832a205 452 68800.00000 SH Sole 68800.00000 Park National COM 700658107 224 3200.00000 SH Sole 3200.00000 Parker Hannifin COM 701094104 948 11346.00000 SH Sole 11346.00000 Patterson Companies Inc. COM 703395103 3318 96900.00000 SH Sole 96900.00000 Pepco Holdings, Inc. COM 713291102 291 15384.00000 SH Sole 15384.00000 PepsiCo, Inc. COM 713448108 8998 127150.00000 SH Sole 127150.00000 Petroleo Brasileiro SA ADR COM 71654v408 417 18200.00000 SH Sole 18200.00000 Petsmart Inc. COM 716768106 1138 16500.00000 SH Sole 16500.00000 Pfizer, Inc. COM 717081103 17330 697374.00000 SH Sole 697374.00000 Philip Morris International In COM 718172109 3436 38200.00000 SH Sole 38200.00000 Pinnacle West Capital COM 723484101 681 12900.00000 SH Sole 12900.00000 Pitney Bowes Inc. COM 724479100 276 20000.00000 SH Sole 20000.00000 Plains All American Pipeline L COM 726503105 2223 25200.00000 SH Sole 25200.00000 PNC Financial Services Group COM 693475105 9955 157762.00000 SH Sole 157762.00000 Polaris Industries COM 731068102 1294 16000.00000 SH Sole 16000.00000 Portugal Telecom SGPS SA ADR COM 737273102 54 10800.00000 SH Sole 10800.00000 Potash Corp of Saskatchewan In COM 73755L107 1194 27500.00000 SH Sole 27500.00000 PPG Industries, Inc. COM 693506107 554 4825.00000 SH Sole 4825.00000 PPL Corp. COM 69351t106 2115 72800.00000 SH Sole 72800.00000 Praxair, Inc. COM 74005P104 3776 36350.00000 SH Sole 36350.00000 Principal Financial Group COM 74251V102 5403 200575.00000 SH Sole 200575.00000 Procter & Gamble, Inc. COM 742718109 19289 278100.00000 SH Sole 278100.00000 Prologis Trust COM 74340w103 886 25291.00000 SH Sole 25291.00000 Prudential Financial, Inc. COM 744320102 9759 179025.00000 SH Sole 179025.00000 Public Service Enterprise Grou COM 744573106 1242 38600.00000 SH Sole 38600.00000 Public Storage COM 74460d109 3173 22800.00000 SH Sole 22800.00000 Qualcomm Inc. COM 747525103 12603 201750.00000 SH Sole 201750.00000 Quest Diagnostics Inc COM 74834L100 787 12400.00000 SH Sole 12400.00000 Regal Entertainment Group - A COM 758766109 2105 149625.00000 SH Sole 149625.00000 Regions Financial Corp. COM 7591EP100 124 17220.00000 SH Sole 17220.00000 Repsol SA COM 76026T205 227 11700.00000 SH Sole 11700.00000 Research In Motion Limited COM 760975102 354 47200.00000 SH Sole 47200.00000 Reynolds American Inc. COM 761713106 1439 33200.00000 SH Sole 33200.00000 Rio Tinto Plc ADR COM 767204100 683 14600.00000 SH Sole 14600.00000 Roche Holdings Ltd-Spons ADR COM 771195104 685 14650.00000 SH Sole 14650.00000 Rockwell Collins Inc. COM 774341101 5031 93800.00000 SH Sole 93800.00000 Royal Dutch Shell PLC COM 780259206 993 14300.00000 SH Sole 14300.00000 Ryder Systems, Inc. COM 783549108 387 9900.00000 SH Sole 9900.00000 Sandisk Corp. COM 80004c101 313 7200.00000 SH Sole 7200.00000 Sanofi COM 80105n105 1697 39400.00000 SH Sole 39400.00000 Santos Limited ADR COM 803021708 529 44800.00000 SH Sole 44800.00000 SAP ADR COM 803054204 1448 20300.00000 SH Sole 20300.00000 Sasol Ltd ADR COM 803866300 468 10500.00000 SH Sole 10500.00000 Sauer Danfoss Inc COM 804137107 2337 58125.00000 SH Sole 58125.00000 Scana Corp COM 80589M102 1091 22596.00000 SH Sole 22596.00000 Schlumberger Ltd. COM 806857108 9573 132350.00000 SH Sole 132350.00000 Shinhan Financial Grp ADR COM 824596100 287 4275.00000 SH Sole 4275.00000 Siemens AG ADR COM 826197501 1422 14200.00000 SH Sole 14200.00000 Simon Property Group, Inc. COM 828806109 2016 13277.00000 SH Sole 13277.00000 Singapore Telecom-SP ADR COM 82929R304 877 33630.00000 SH Sole 33630.00000 Smith A.O. Corp COM 831865209 1554 27000.00000 SH Sole 27000.00000 Sony Corp. ADR COM 835699307 328 28000.00000 SH Sole 28000.00000 Southern Co. COM 842587107 6136 133125.00000 SH Sole 133125.00000 Spectra Energy Corp COM 847560109 3509 119500.00000 SH Sole 119500.00000 Staples Inc. COM 855030102 2270 197075.00000 SH Sole 197075.00000 Starwood Hotels & Resorts Inc. COM 85590A401 5657 97600.00000 SH Sole 97600.00000 State Street Corp. COM 857477103 4598 109575.00000 SH Sole 109575.00000 Statoil ASA ADR COM 85771P102 445 17242.00000 SH Sole 17242.00000 Subsea 7 Sa COM 864323100 636 27550.00000 SH Sole 27550.00000 Swisscom AG ADR COM 871013108 306 7600.00000 SH Sole 7600.00000 Symantec Corp. COM 871503108 2176 121063.00000 SH Sole 121063.00000 Syngenta AG ADR COM 87160a100 647 8650.00000 SH Sole 8650.00000 Synopsys Inc. COM 871607107 657 19900.00000 SH Sole 19900.00000 Syntel, Inc. COM 87162H103 448 7175.00000 SH Sole 7175.00000 Taiwan Semiconductor Manufactu COM 874039100 2425 153314.00000 SH Sole 153314.00000 Target Corp. COM 87612e106 10509 165575.00000 SH Sole 165575.00000 TE Connectivity Ltd COM h84989104 2671 78550.00000 SH Sole 78550.00000 Teco Energy Inc. COM 872375100 3250 183175.00000 SH Sole 183175.00000 Telecom Italia ADR COM 87927y102 212 21140.00000 SH Sole 21140.00000 Telefonica SA ADR COM 879382208 649 48883.00000 SH Sole 48883.00000 Telenor ASA COM 87944W105 527 9000.00000 SH Sole 9000.00000 Tenaris SA-ADR COM 88031M109 216 5300.00000 SH Sole 5300.00000 Tessera Technologies Inc. COM 88164L100 2012 147100.00000 SH Sole 147100.00000 Teva Pharmaceutical Industries COM 881624209 651 15725.00000 SH Sole 15725.00000 Texas Instruments COM 882508104 5321 193100.00000 SH Sole 193100.00000 The Travelers Companies, Inc. COM 89417E109 10973 160751.00000 SH Sole 160751.00000 Thermo Fisher Scientific Inc COM 883556102 3880 65950.00000 SH Sole 65950.00000 Tibco Software COM 88632Q103 659 21800.00000 SH Sole 21800.00000 Timken Co COM 887389104 635 17100.00000 SH Sole 17100.00000 Tokio Marine Holdings Inc ADR COM 889094108 622 24250.00000 SH Sole 24250.00000 Total SA ADR COM 89151e109 1723 34400.00000 SH Sole 34400.00000 Toyota Motor Corp. ADR COM 892331307 2811 35800.00000 SH Sole 35800.00000 Transcanada Pipelines Ltd COM 89353d107 1372 30150.00000 SH Sole 30150.00000 Transocean Ltd COM H8817H100 1672 37238.00000 SH Sole 37238.00000 Tupperware Brands Corp COM 899896104 1747 32600.00000 SH Sole 32600.00000 U.S. Bancorp COM 902973304 9262 270017.00000 SH Sole 270017.00000 UBS AG COM H89231338 345 28350.00000 SH Sole 28350.00000 Unilever PLC ADR COM 904767704 1302 35640.00000 SH Sole 35640.00000 Union Pacific COM 907818108 3258 27450.00000 SH Sole 27450.00000 United Health Group Inc. COM 91324P102 6565 118475.00000 SH Sole 118475.00000 United Parcel Services Cl B COM 911312106 7805 109050.00000 SH Sole 109050.00000 United Technologies COM 913017109 7978 101900.00000 SH Sole 101900.00000 Varian Medical Systems Inc COM 92220P105 3876 64250.00000 SH Sole 64250.00000 Verizon Communications Inc. COM 92343v104 13036 286075.00000 SH Sole 286075.00000 Vodafone Group PLC ADR COM 92857w209 1641 57574.00000 SH Sole 57574.00000 Volvo AB ADR COM 928856400 279 19875.00000 SH Sole 19875.00000 Waddell & Reed Financial, Inc. COM 930059100 678 20700.00000 SH Sole 20700.00000 Wal-Mart COM 931142103 11985 162400.00000 SH Sole 162400.00000 Walgreen Co. COM 931422109 4720 129525.00000 SH Sole 129525.00000 Walt Disney Co. COM 254687106 14267 272900.00000 SH Sole 272900.00000 Weingarten Realty Investors COM 948741103 1873 66625.00000 SH Sole 66625.00000 WellPoint, Inc. COM 94973V107 4008 69100.00000 SH Sole 69100.00000 Wells Fargo Co. COM 949746101 12306 356393.00000 SH Sole 356393.00000 Westpac Banking Corp. Ltd ADR COM 961214301 3901 30400.00000 SH Sole 30400.00000 Whirlpool Corp. COM 963320106 6212 74925.00000 SH Sole 74925.00000 Williams Partners LP COM 96950F104 5244 95900.00000 SH Sole 95900.00000 Windstream Corporation COM 97381W104 4396 435663.00000 SH Sole 435663.00000 WPP PLC ADR COM 92933h101 382 5600.00000 SH Sole 5600.00000 Yum! Brands, Inc. COM 988498101 929 14000.00000 SH Sole 14000.00000 Kinder Morgan Inc Del Warrant 49456b119 609 174488.90 SH Sole 174488.90