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
ABB Ltd-Spon ADR COM 000375204 717 34,350 SH   SOLE   34,350 0 0
Abbott Labs COM 002824100 6,881 140,200 SH   SOLE   140,200 0 0
Abbvie Inc COM 00287y109 11,086 165,000 SH   SOLE   165,000 0 0
Aberdeen Asset Management PLC COM 00300a104 294 22,925 SH   SOLE   22,925 0 0
Accenture PLC CL A COM g1151c101 4,109 42,455 SH   SOLE   42,455 0 0
Activision Blizzard Inc COM 00507v109 4,922 203,293 SH   SOLE   203,293 0 0
Adobe Systems COM 00724f101 9,071 111,969 SH   SOLE   111,969 0 0
Aegon NV ADR COM 007924103 75 10,100 SH   SOLE   10,100 0 0
Air Products & Chemicals, Inc. COM 009158106 3,605 26,350 SH   SOLE   26,350 0 0
Akamai Technologies Inc. COM 00971t101 7,328 104,950 SH   SOLE   104,950 0 0
Alcatel-Lucent ADR COM 013904305 65 18,000 SH   SOLE   18,000 0 0
Alcentra Capital Corp COM 01374t102 601 47,331 SH   SOLE   47,331 0 0
Alibaba Group Holdings COM 01609w102 5,589 67,930 SH   SOLE   67,930 0 0
Allegheny Technologies Inc. COM 01741r102 2,710 89,725 SH   SOLE   89,725 0 0
Allergan PLC COM g0177j108 7,641 25,180 SH   SOLE   25,180 0 0
AllianceBernstein Holding LP COM 01881G106 289 9,800 SH   SOLE   9,800 0 0
Altria Group, Inc. COM 02209s103 16,369 334,675 SH   SOLE   334,675 0 0
Ambev SA ADR COM 02319v103 709 116,250 SH   SOLE   116,250 0 0
Amdocs Ltd COM G02602103 4,445 81,425 SH   SOLE   81,425 0 0
Amedisys Inc. COM 023436108 250 6,285 SH   SOLE   6,285 0 0
America Movil SA de CV ADR COM 02364w105 576 27,050 SH   SOLE   27,050 0 0
American Electric Power COM 025537101 3,460 65,325 SH   SOLE   65,325 0 0
American Express COM 025816109 10,440 134,325 SH   SOLE   134,325 0 0
American States Water Co COM 029899101 1,234 33,000 SH   SOLE   33,000 0 0
Anadarko Petroleum Corp. COM 032511107 6,284 80,500 SH   SOLE   80,500 0 0
Anheuser-Busch COM 03524a108 9,823 81,400 SH   SOLE   81,400 0 0
Anthem Inc COM 036752103 11,342 69,100 SH   SOLE   69,100 0 0
Apache Corp COM 037411105 3,422 59,375 SH   SOLE   59,375 0 0
Apollo Global Management LLC COM 037612306 1,067 48,150 SH   SOLE   48,150 0 0
Apple Inc COM 037833100 55,334 441,175 SH   SOLE   441,175 0 0
Applied Materials Inc. COM 038222105 336 17,500 SH   SOLE   17,500 0 0
Ares Capital Corp COM 04010L103 1,009 61,275 SH   SOLE   61,275 0 0
Arlington Asset Investment Cor COM 041356205 259 13,228 SH   SOLE   13,228 0 0
Arthur J. Gallagher & Co. COM 363576109 6,404 135,400 SH   SOLE   135,400 0 0
AstraZeneca Group PLC ADR COM 046353108 839 13,175 SH   SOLE   13,175 0 0
AT&T Inc. COM 00206R102 13,018 366,498 SH   SOLE   366,498 0 0
Atmos Energy Corp. COM 049560105 2,556 49,850 SH   SOLE   49,850 0 0
Aviva PLC ADR COM 05382a104 293 18,800 SH   SOLE   18,800 0 0
AXA SA ADR COM 054536107 663 26,300 SH   SOLE   26,300 0 0
Baidu.com COM 056752108 602 3,025 SH   SOLE   3,025 0 0
Baker Hughes COM 057224107 6,081 98,550 SH   SOLE   98,550 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 1,054 106,836 SH   SOLE   106,836 0 0
Banco de Chile ADR COM 059520106 298 4,550 SH   SOLE   4,550 0 0
Banco Santander Central Hispan COM 05964h105 410 58,500 SH   SOLE   58,500 0 0
Bank of New York Mellon Corp. COM 064058100 10,543 251,207 SH   SOLE   251,207 0 0
Barclays PLC ADR COM 06738e204 569 34,600 SH   SOLE   34,600 0 0
BASF SE ADR COM 055262505 1,269 14,450 SH   SOLE   14,450 0 0
Baxter International, Inc. COM 071813109 2,986 42,700 SH   SOLE   42,700 0 0
BB&T Corporation COM 054937107 3,850 95,500 SH   SOLE   95,500 0 0
Becton Dickinson and Co COM 075887109 1,009 7,121 SH   SOLE   7,121 0 0
Bed Bath & Beyond Inc. COM 075896100 6,598 95,650 SH   SOLE   95,650 0 0
BG Group Plc ADR COM 055434203 1,333 80,000 SH   SOLE   80,000 0 0
BHP Billiton Ltd. ADR COM 088606108 915 22,475 SH   SOLE   22,475 0 0
Blackstone Group LP COM 09253u108 7,457 182,450 SH   SOLE   182,450 0 0
Block H&R COM 093671105 7,520 253,625 SH   SOLE   253,625 0 0
Boardwalk Pipeline Partners L. COM 096627104 1,059 72,900 SH   SOLE   72,900 0 0
Boeing Company COM 097023105 18,283 131,800 SH   SOLE   131,800 0 0
Boston Properties Inc COM 101121101 1,247 10,300 SH   SOLE   10,300 0 0
Boston Scientific COM 101137107 234 13,200 SH   SOLE   13,200 0 0
BP plc ADR COM 055622104 3,323 83,150 SH   SOLE   83,150 0 0
British American Tob SP ADR COM 110448107 1,323 12,225 SH   SOLE   12,225 0 0
Broadcom Corp COM 111320107 5,777 112,200 SH   SOLE   112,200 0 0
BT Group PLC ADR COM 05577e101 1,311 18,500 SH   SOLE   18,500 0 0
California Water Service Group COM 130788102 622 27,200 SH   SOLE   27,200 0 0
Calpine Corp COM 131347304 2,858 158,875 SH   SOLE   158,875 0 0
Cameron International Corp COM 13342B105 4,055 77,425 SH   SOLE   77,425 0 0
Canon Inc. ADR COM 138006309 800 24,675 SH   SOLE   24,675 0 0
Capital One Financial COM 14040H105 7,361 83,675 SH   SOLE   83,675 0 0
Carlyle Group COM 14309l102 1,040 36,950 SH   SOLE   36,950 0 0
Carrizo Oil & Gas Inc COM 144577103 3,828 77,750 SH   SOLE   77,750 0 0
Caterpillar Inc. COM 149123101 3,982 46,950 SH   SOLE   46,950 0 0
CBS Corp. COM 124857202 6,288 113,300 SH   SOLE   113,300 0 0
Celanese Corp COM 150870103 2,760 38,400 SH   SOLE   38,400 0 0
Celgene Corp. COM 151020104 25,544 220,710 SH   SOLE   220,710 0 0
Cemex SAB de CV ADR COM 151290889 148 16,171 SH   SOLE   16,171 0 0
Charles Schwab Corp. COM 808513105 9,305 285,000 SH   SOLE   285,000 0 0
Chart Industries Inc COM 16115q308 2,570 71,900 SH   SOLE   71,900 0 0
Chesapeake Energy Corp COM 165167107 1,253 112,150 SH   SOLE   112,150 0 0
Chevron Corp. COM 166764100 16,406 170,060 SH   SOLE   170,060 0 0
Church & Dwight Co. COM 171340102 7,837 96,600 SH   SOLE   96,600 0 0
Cincinnati Financial COM 172062101 728 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243v102 3,314 82,500 SH   SOLE   82,500 0 0
Cisco Systems COM 17275R102 15,122 550,700 SH   SOLE   550,700 0 0
CIT Group COM 125581801 1,664 35,800 SH   SOLE   35,800 0 0
Citigroup Inc. COM 172967424 10,561 191,175 SH   SOLE   191,175 0 0
CK Hutchison Holdings Limited COM 12562y100 2,196 94,694 SH   SOLE   94,694 0 0
Cliffs Natural Resources Inc COM 18683k101 51 11,750 SH   SOLE   11,750 0 0
CMS Energy Corp. COM 125896100 4,571 143,575 SH   SOLE   143,575 0 0
Coca-Cola COM 191216100 953 24,300 SH   SOLE   24,300 0 0
Cognizant Tech Solutions Corp. COM 192446102 4,544 74,377 SH   SOLE   74,377 0 0
Columbia Sportswear Co COM 198516106 4,867 80,500 SH   SOLE   80,500 0 0
Comerica, Inc. COM 200340107 975 19,000 SH   SOLE   19,000 0 0
Communications Sales & Leasing COM 20341j104 2,154 87,132 SH   SOLE   87,132 0 0
Commvault Systems COM 204166102 2,863 67,515 SH   SOLE   67,515 0 0
Companhia Vale do Rio Doce ADR COM 91912e105 83 14,150 SH   SOLE   14,150 0 0
Constellation Brands COM 21036p108 8,177 70,475 SH   SOLE   70,475 0 0
Continental Resources Inc COM 212015101 3,758 88,650 SH   SOLE   88,650 0 0
Cooper Tire & Rubber Co. COM 216831107 744 22,000 SH   SOLE   22,000 0 0
Corning Inc. COM 219350105 5,183 262,700 SH   SOLE   262,700 0 0
Costco Co. COM 22160k105 5,737 42,475 SH   SOLE   42,475 0 0
Cracker Barrel Old Country Sto COM 22410j106 1,454 9,750 SH   SOLE   9,750 0 0
CTRIP.COM International ADR COM 22943F100 407 5,600 SH   SOLE   5,600 0 0
Cummins Inc COM 231021106 5,087 38,775 SH   SOLE   38,775 0 0
CVS Health Corp COM 126650100 14,453 137,804 SH   SOLE   137,804 0 0
Daimler AG ADR COM D1668R123 1,490 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 14,024 163,850 SH   SOLE   163,850 0 0
Danone ADR COM 23636t100 478 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 9,962 140,150 SH   SOLE   140,150 0 0
Davita Healthcare Partners Inc COM 23918K108 7,546 94,950 SH   SOLE   94,950 0 0
DCP Midstream Partners LP COM 23311p100 1,129 36,800 SH   SOLE   36,800 0 0
DDR Corp COM 23317h102 222 14,351 SH   SOLE   14,351 0 0
Deutsche Bank ADR COM D18190898 268 8,900 SH   SOLE   8,900 0 0
Deutsche Post AG ADR COM 25157y202 292 10,000 SH   SOLE   10,000 0 0
Deutsche Telekom AG ADR COM 251566105 1,048 60,900 SH   SOLE   60,900 0 0
Diageo PLC ADR COM 25243q205 1,314 11,325 SH   SOLE   11,325 0 0
Diamond Offshore Drilling COM 25271c102 653 25,300 SH   SOLE   25,300 0 0
Diebold Inc COM 253651103 1,341 38,300 SH   SOLE   38,300 0 0
Digital Realty COM 253868103 1,520 22,800 SH   SOLE   22,800 0 0
DirectTV COM 25490a309 8,525 91,875 SH   SOLE   91,875 0 0
Dollar General COM 256677105 5,638 72,525 SH   SOLE   72,525 0 0
Dominion Resources COM 25746u109 3,730 55,775 SH   SOLE   55,775 0 0
Donnelley (R.R.) & Sons COM 257867101 469 26,900 SH   SOLE   26,900 0 0
Dr. Pepper Snapple Group, Inc COM 26138e109 402 5,520 SH   SOLE   5,520 0 0
Du Pont (E.I.) De Nemours & Co COM 263534109 12,412 194,096 SH   SOLE   194,096 0 0
Duke Energy Corp. COM 26441C204 6,719 95,146 SH   SOLE   95,146 0 0
Duke Realty Corp. COM 264411505 1,387 74,700 SH   SOLE   74,700 0 0
Edgewell Personal Care Co COM 28035q102 8,580 65,225 SH   SOLE   65,225 0 0
Edison Int'l COM 281020107 2,175 39,140 SH   SOLE   39,140 0 0
EMC Corp. COM 268648102 2,956 112,018 SH   SOLE   112,018 0 0
Emerge Energy Services LP COM 29102h108 489 13,550 SH   SOLE   13,550 0 0
Enable Midstream Partners LP COM 292480100 773 48,400 SH   SOLE   48,400 0 0
Enbridge Energy Partners LP COM 29250r106 3,330 99,900 SH   SOLE   99,900 0 0
Endo International PLC COM G30401106 9,124 114,550 SH   SOLE   114,550 0 0
ENI SPA ADR COM 26874r108 800 22,475 SH   SOLE   22,475 0 0
Enterprise Products Partners L COM 293792107 2,493 83,400 SH   SOLE   83,400 0 0
EOG Resources COM 26875p101 7,665 87,550 SH   SOLE   87,550 0 0
Equity Residential Properties COM 29476l107 3,600 51,300 SH   SOLE   51,300 0 0
Ericsson ADR COM 294821608 973 93,200 SH   SOLE   93,200 0 0
Essex Property Trust Inc COM 297178105 4,268 20,085 SH   SOLE   20,085 0 0
Ethan Allen Interiors Inc. COM 297602104 240 9,100 SH   SOLE   9,100 0 0
Exact Sciences Corp COM 30063P105 4,929 165,750 SH   SOLE   165,750 0 0
Express COM 30219e103 2,070 114,325 SH   SOLE   114,325 0 0
Express Scripts Holding Compan COM 30219g108 7,048 79,250 SH   SOLE   79,250 0 0
Exxon Mobil Corp. COM 30231g102 27,391 329,224 SH   SOLE   329,224 0 0
F5 Networks Inc. COM 315616102 4,152 34,500 SH   SOLE   34,500 0 0
Facebook Inc COM 30303M102 7,765 90,536 SH   SOLE   90,536 0 0
Fedex Corp. COM 31428x106 5,500 32,275 SH   SOLE   32,275 0 0
Fifth Street Finance Corp COM 31678a103 676 103,250 SH   SOLE   103,250 0 0
Fifth Third Bancorp COM 316773100 3,756 180,400 SH   SOLE   180,400 0 0
Flowserve Corp. COM 34354P105 6,501 123,450 SH   SOLE   123,450 0 0
FMC Technologies Inc COM 30249U101 3,248 78,275 SH   SOLE   78,275 0 0
Fomento Economico Mexicana-SP COM 344419106 637 7,150 SH   SOLE   7,150 0 0
Freeport-McMoRan Inc COM 35671d857 2,637 141,600 SH   SOLE   141,600 0 0
Frontier Communications Corp COM 35906a108 2,462 497,398 SH   SOLE   497,398 0 0
Garmin Ltd COM H2906T109 857 19,500 SH   SOLE   19,500 0 0
General Electric Co. COM 369604103 23,355 879,000 SH   SOLE   879,000 0 0
General Growth Properties COM 370023103 470 18,331 SH   SOLE   18,331 0 0
Genuine Parts Co. COM 372460105 2,820 31,500 SH   SOLE   31,500 0 0
Gilead Science Inc COM 375558103 28,620 244,450 SH   SOLE   244,450 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,372 32,950 SH   SOLE   32,950 0 0
Goldman Sachs Group COM 38141g104 12,329 59,050 SH   SOLE   59,050 0 0
Goodyear Tire & Rubber Company COM 382550101 6,792 225,275 SH   SOLE   225,275 0 0
Google Inc Cl C COM 38259p706 13,295 25,542 SH   SOLE   25,542 0 0
Google Inc. Cl A COM 38259P508 13,758 25,475 SH   SOLE   25,475 0 0
Grifols SA ADR COM 398438408 335 10,825 SH   SOLE   10,825 0 0
Grupo Televisa SA ADR COM 40049j206 424 10,925 SH   SOLE   10,925 0 0
Halliburton Co. COM 406216101 6,501 150,950 SH   SOLE   150,950 0 0
Harman International Industrie COM 413086109 1,261 10,600 SH   SOLE   10,600 0 0
HCP Inc COM 40414L109 2,228 61,100 SH   SOLE   61,100 0 0
Health Care REIT, Inc. COM 42217k106 1,926 29,350 SH   SOLE   29,350 0 0
Hellenic Telecom Organization COM 423325307 183 40,100 SH   SOLE   40,100 0 0
Hess Corporation COM 42809h107 3,673 54,925 SH   SOLE   54,925 0 0
Hitachi Ltd. ADR COM 433578507 626 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 761 20,000 SH   SOLE   20,000 0 0
Home Depot, Inc. COM 437076102 21,104 189,900 SH   SOLE   189,900 0 0
Home Properties Inc COM 437306103 1,313 17,975 SH   SOLE   17,975 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,688 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 11,976 117,450 SH   SOLE   117,450 0 0
HSBC Holdings ADR COM 404280406 641 14,300 SH   SOLE   14,300 0 0
Hunt (J.B.) Transport COM 445658107 1,256 15,300 SH   SOLE   15,300 0 0
Icon PLC ADR COM G4705A100 498 7,400 SH   SOLE   7,400 0 0
Infineon Technologies ADR COM 45662n103 457 36,825 SH   SOLE   36,825 0 0
Infosys Ltd ADR COM 456788108 2,466 155,600 SH   SOLE   155,600 0 0
Ing Groep NV ADR COM 456837103 235 14,200 SH   SOLE   14,200 0 0
Ingenico Group COM 45684w107 434 18,475 SH   SOLE   18,475 0 0
Intel Corp. COM 458140100 11,372 373,910 SH   SOLE   373,910 0 0
International Business Machine COM 459200101 5,286 32,497 SH   SOLE   32,497 0 0
Intesa Sanpaolo ADR COM 46115h107 237 10,899 SH   SOLE   10,899 0 0
Invesco Ltd COM g491bt108 7,234 192,950 SH   SOLE   192,950 0 0
Itau Unibanco Holding SA ADR COM 465562106 301 27,446 SH   SOLE   27,446 0 0
Johnson & Johnson COM 478160104 22,116 226,925 SH   SOLE   226,925 0 0
Johnson Controls, Inc. COM 478366107 7,191 145,175 SH   SOLE   145,175 0 0
Joy Global Inc. COM 481165108 1,394 38,500 SH   SOLE   38,500 0 0
JPMorgan Chase & Co. COM 46625h100 23,439 345,907 SH   SOLE   345,907 0 0
Kamada Ltd ADR COM m6240t109 68 17,750 SH   SOLE   17,750 0 0
Kasikornbank PCL ADR COM 485785109 290 12,954 SH   SOLE   12,954 0 0
KB Financial Group Inc ADR COM 48241a105 219 6,675 SH   SOLE   6,675 0 0
Kellogg Co. COM 487836108 2,307 36,800 SH   SOLE   36,800 0 0
Kennametal Inc. COM 489170100 556 16,300 SH   SOLE   16,300 0 0
Kimco Realty Corp. COM 49446r109 1,920 85,175 SH   SOLE   85,175 0 0
Kinder Morgan Inc. COM 49456b101 5,372 139,937 SH   SOLE   139,937 0 0
Kingfisher PLC ADR COM 495724403 284 26,000 SH   SOLE   26,000 0 0
Kirin Holdings Co ADR COM 497350306 459 33,300 SH   SOLE   33,300 0 0
KKR & Co LP COM 48248m102 1,172 51,300 SH   SOLE   51,300 0 0
Koninklijke KPN NV ADR COM 780641205 57 15,000 SH   SOLE   15,000 0 0
Koninklijke Philips NV ADR COM 500472303 216 8,500 SH   SOLE   8,500 0 0
Kraft Foods Group Inc. COM 50076q106 560 6,575 SH   SOLE   6,575 0 0
Kubota Corp-Spon ADR COM 501173207 387 4,875 SH   SOLE   4,875 0 0
L Brands Inc COM 501797104 9,602 112,000 SH   SOLE   112,000 0 0
Lamar Advertising Co COM 512816109 1,178 20,500 SH   SOLE   20,500 0 0
Leggett & Platt COM 524660107 1,655 34,000 SH   SOLE   34,000 0 0
Lexington Realty Trust COM 529043101 276 32,562 SH   SOLE   32,562 0 0
Liberty Property Trust COM 531172104 1,969 61,100 SH   SOLE   61,100 0 0
Lilly (Eli) & Co. COM 532457108 14,928 178,800 SH   SOLE   178,800 0 0
Linear Technology Corp. COM 535678106 1,869 42,250 SH   SOLE   42,250 0 0
Logitech International SA ADR COM H50430232 616 42,020 SH   SOLE   42,020 0 0
Lowe's Co. COM 548661107 16,146 241,100 SH   SOLE   241,100 0 0
Luxottica Group SPA ADR COM 55068r202 478 7,200 SH   SOLE   7,200 0 0
Macerich Co. COM 554382101 1,620 21,719 SH   SOLE   21,719 0 0
Mack-Cali Realty Corp. COM 554489104 479 26,000 SH   SOLE   26,000 0 0
Mallinckrodt PLC COM g5785g107 1,183 10,050 SH   SOLE   10,050 0 0
Marsh & McLennan Companies, In COM 571748102 14,277 251,800 SH   SOLE   251,800 0 0
Mattel Inc. COM 577081102 4,706 183,200 SH   SOLE   183,200 0 0
Maxim Integrated Products, Inc COM 57772k101 5,382 155,675 SH   SOLE   155,675 0 0
McCormick & Co. COM 579780206 7,130 88,075 SH   SOLE   88,075 0 0
McDonald's Corp. COM 580135101 8,411 88,475 SH   SOLE   88,475 0 0
Medtronic Inc COM g5960l103 5,697 76,883 SH   SOLE   76,883 0 0
Mercadolibre Inc ADR COM 58733r102 818 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933y105 14,733 258,800 SH   SOLE   258,800 0 0
Metlife Inc COM 59156R108 8,638 154,275 SH   SOLE   154,275 0 0
Michael Kors Holdings COM G60754101 1,373 32,625 SH   SOLE   32,625 0 0
Micron Technology Inc. COM 595112103 1,842 97,770 SH   SOLE   97,770 0 0
Microsoft Corp COM 594918104 29,759 674,041 SH   SOLE   674,041 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,780 246,550 SH   SOLE   246,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 387 1,425 SH   SOLE   1,425 0 0
Molson Coors Brewing Company COM 60871r209 6,625 94,900 SH   SOLE   94,900 0 0
Mondelez International Inc COM 609207105 812 19,727 SH   SOLE   19,727 0 0
Monsanto Co. COM 61166w101 4,994 46,850 SH   SOLE   46,850 0 0
Morgan Stanley, Dean Witter, D COM 617446448 7,855 202,500 SH   SOLE   202,500 0 0
Mylan NV COM n59465109 13,966 205,800 SH   SOLE   205,800 0 0
National Fuel Gas Co. COM 636180101 530 9,000 SH   SOLE   9,000 0 0
National Oilwell Varco Inc COM 637071101 3,520 72,900 SH   SOLE   72,900 0 0
New York Community Bancorp COM 649445103 2,462 133,925 SH   SOLE   133,925 0 0
Newell Rubbermaid Inc. COM 651229106 247 6,000 SH   SOLE   6,000 0 0
NextEra Energy Inc COM 65339f101 4,099 41,816 SH   SOLE   41,816 0 0
NICE Systems Ltd ADR COM 653656108 442 6,950 SH   SOLE   6,950 0 0
Nippon Telegraph & Telephone C COM 654624105 2,281 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 7,944 174,250 SH   SOLE   174,250 0 0
Norsk Hydro ASA ADR COM 656531605 84 20,000 SH   SOLE   20,000 0 0
Northen Tier Energy LP COM 665826103 1,115 46,900 SH   SOLE   46,900 0 0
Northrop Grumman Corp. COM 666807102 7,943 50,075 SH   SOLE   50,075 0 0
Novartis ADR COM 66987v109 3,304 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 3,395 62,000 SH   SOLE   62,000 0 0
NRG Energy, Inc. COM 629377508 2,263 98,925 SH   SOLE   98,925 0 0
Occidental Petroleum COM 674599105 6,070 78,050 SH   SOLE   78,050 0 0
Oracle Corp. COM 68389x105 10,249 254,324 SH   SOLE   254,324 0 0
Orange SA ADR COM 684060106 507 33,000 SH   SOLE   33,000 0 0
Owens-Illinois Inc COM 690768403 856 37,300 SH   SOLE   37,300 0 0
Panasonic Corp ADR COM 69832a205 855 62,200 SH   SOLE   62,200 0 0
Park National COM 700658107 236 2,700 SH   SOLE   2,700 0 0
Parker Hannifin COM 701094104 977 8,400 SH   SOLE   8,400 0 0
Pepco Holdings, Inc. COM 713291102 2,320 86,109 SH   SOLE   86,109 0 0
PepsiCo, Inc. COM 713448108 11,868 127,150 SH   SOLE   127,150 0 0
Petroleo Brasileiro SA ADR COM 71654v408 148 16,400 SH   SOLE   16,400 0 0
Pfizer, Inc. COM 717081103 18,597 554,624 SH   SOLE   554,624 0 0
Philip Morris International In COM 718172109 3,062 38,200 SH   SOLE   38,200 0 0
Pinnacle West Capital COM 723484101 734 12,900 SH   SOLE   12,900 0 0
Pitney Bowes Inc. COM 724479100 416 20,000 SH   SOLE   20,000 0 0
Plains All American Pipeline L COM 726503105 2,483 57,000 SH   SOLE   57,000 0 0
PNC Financial Services Group COM 693475105 14,800 154,734 SH   SOLE   154,734 0 0
Polaris Industries COM 731068102 2,074 14,000 SH   SOLE   14,000 0 0
Potash Corp of Saskatchewan In COM 73755L107 780 25,200 SH   SOLE   25,200 0 0
PPG Industries, Inc. COM 693506107 1,107 9,650 SH   SOLE   9,650 0 0
PPL Corp. COM 69351t106 2,145 72,800 SH   SOLE   72,800 0 0
Prada SPA ADR COM 73942h100 299 31,100 SH   SOLE   31,100 0 0
Praxair, Inc. COM 74005P104 4,346 36,350 SH   SOLE   36,350 0 0
Principal Financial Group COM 74251V102 10,561 205,900 SH   SOLE   205,900 0 0
Procter & Gamble, Inc. COM 742718109 21,759 278,100 SH   SOLE   278,100 0 0
Prospect Capital Corp COM 74348t102 691 93,825 SH   SOLE   93,825 0 0
Prudential Financial, Inc. COM 744320102 15,668 179,025 SH   SOLE   179,025 0 0
PTC Inc COM 69370c100 3,813 92,950 SH   SOLE   92,950 0 0
Public Service Enterprise Grou COM 744573106 1,516 38,600 SH   SOLE   38,600 0 0
Qualcomm Inc. COM 747525103 12,636 201,750 SH   SOLE   201,750 0 0
Quest Diagnostics Inc COM 74834L100 790 10,900 SH   SOLE   10,900 0 0
Regal Entertainment Group - A COM 758766109 3,750 179,325 SH   SOLE   179,325 0 0
Regions Financial Corp. COM 7591EP100 193 18,610 SH   SOLE   18,610 0 0
Repsol SA ADR COM 76026T205 205 11,700 SH   SOLE   11,700 0 0
Rexnord Corp COM 76169b102 3,015 126,100 SH   SOLE   126,100 0 0
Reynolds American Inc COM 761713106 3,753 50,274 SH   SOLE   50,274 0 0
RingCentral Inc COM 76680r206 2,122 114,775 SH   SOLE   114,775 0 0
Rio Tinto Plc ADR COM 767204100 602 14,600 SH   SOLE   14,600 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 1,027 29,300 SH   SOLE   29,300 0 0
Rockwell Collins Inc. COM 774341101 8,662 93,800 SH   SOLE   93,800 0 0
Royal Dutch Shell PLC ADR COM 780259206 2,278 39,950 SH   SOLE   39,950 0 0
Ryder Systems, Inc. COM 783549108 734 8,400 SH   SOLE   8,400 0 0
Sandisk Corp. COM 80004c101 2,125 36,500 SH   SOLE   36,500 0 0
Sanofi ADR COM 80105n105 1,951 39,400 SH   SOLE   39,400 0 0
Santos Limited ADR COM 803021708 270 44,800 SH   SOLE   44,800 0 0
SAP SE COM 803054204 1,461 20,800 SH   SOLE   20,800 0 0
Scana Corp COM 80589M102 1,144 22,596 SH   SOLE   22,596 0 0
Schlumberger Ltd. COM 806857108 11,407 132,350 SH   SOLE   132,350 0 0
Schneider Electric SE ADR COM 80687p106 287 20,775 SH   SOLE   20,775 0 0
Sealed Air Corp. COM 81211k100 4,190 81,550 SH   SOLE   81,550 0 0
Sensata Technologies Holding A COM N7902X106 653 12,375 SH   SOLE   12,375 0 0
Servicenow Inc COM 81762p102 4,150 55,851 SH   SOLE   55,851 0 0
Shinhan Financial Grp ADR COM 824596100 348 9,400 SH   SOLE   9,400 0 0
Ship Finance Intl Ltd COM g81075106 1,138 69,700 SH   SOLE   69,700 0 0
Simon Property Group, Inc. COM 828806109 2,297 13,277 SH   SOLE   13,277 0 0
Singapore Telecom-SP ADR COM 82929R304 1,051 33,630 SH   SOLE   33,630 0 0
Sony Corp. ADR COM 835699307 718 25,300 SH   SOLE   25,300 0 0
Southern Co. COM 842587107 535 12,774 SH   SOLE   12,774 0 0
Spectra Energy Corp COM 847560109 2,580 79,150 SH   SOLE   79,150 0 0
Spectra Energy Partners LP COM 84756n109 929 20,150 SH   SOLE   20,150 0 0
Starbucks Corp. COM 855244109 5,935 110,700 SH   SOLE   110,700 0 0
Starwood Hotels & Resorts Inc. COM 85590A401 7,914 97,600 SH   SOLE   97,600 0 0
State Street Corp. COM 857477103 8,437 109,575 SH   SOLE   109,575 0 0
Statoil ASA ADR COM 85771P102 309 17,242 SH   SOLE   17,242 0 0
Subsea 7 Sa ADR COM 864323100 233 23,900 SH   SOLE   23,900 0 0
Swisscom AG ADR COM 871013108 426 7,600 SH   SOLE   7,600 0 0
Syngenta AG ADR COM 87160a100 706 8,650 SH   SOLE   8,650 0 0
Synopsys Inc. COM 871607107 856 16,900 SH   SOLE   16,900 0 0
Syntel, Inc. COM 87162H103 558 11,750 SH   SOLE   11,750 0 0
Taiwan Semiconductor Manufactu COM 874039100 1,326 58,386 SH   SOLE   58,386 0 0
Target Corp. COM 87612e106 13,516 165,575 SH   SOLE   165,575 0 0
Taro Pharmaceutical Indus COM m8737e108 298 2,075 SH   SOLE   2,075 0 0
TDK Corp. ADR COM 872351408 299 3,900 SH   SOLE   3,900 0 0
Telecom Italia ADR COM 87927y102 240 18,880 SH   SOLE   18,880 0 0
Telefonica SA ADR COM 879382208 694 48,883 SH   SOLE   48,883 0 0
Telenor ASA ADR COM 87944W105 590 9,000 SH   SOLE   9,000 0 0
Tessera Technologies Inc. COM 88164L100 5,530 145,600 SH   SOLE   145,600 0 0
Teva Pharmaceutical Industries COM 881624209 965 16,325 SH   SOLE   16,325 0 0
Texas Instruments COM 882508104 5,417 105,167 SH   SOLE   105,167 0 0
The Travelers Companies, Inc. COM 89417E109 15,538 160,751 SH   SOLE   160,751 0 0
Thermo Fisher Scientific Inc COM 883556102 8,558 65,950 SH   SOLE   65,950 0 0
Tiffany & Co. COM 886547108 4,074 44,375 SH   SOLE   44,375 0 0
Timken Co COM 887389104 570 15,600 SH   SOLE   15,600 0 0
TimkenSteel corp COM 887399103 211 7,800 SH   SOLE   7,800 0 0
Tokio Marine Holdings Inc ADR COM 889094108 1,010 24,250 SH   SOLE   24,250 0 0
Tornier NV ADR COM n87237108 516 20,650 SH   SOLE   20,650 0 0
Total SA ADR COM 89151e109 1,691 34,400 SH   SOLE   34,400 0 0
Toyota Motor Corp. ADR COM 892331307 4,788 35,800 SH   SOLE   35,800 0 0
Transcanada Pipelines Ltd COM 89353d107 1,570 38,650 SH   SOLE   38,650 0 0
Tupperware Brands Corp COM 899896104 2,104 32,600 SH   SOLE   32,600 0 0
Twenty First Century Fox Inc COM 90130a101 4,049 124,425 SH   SOLE   124,425 0 0
Two Harbors Investment Corp COM 90187b101 993 102,000 SH   SOLE   102,000 0 0
U.S. Bancorp COM 902973304 11,979 276,017 SH   SOLE   276,017 0 0
UBS Group AG COM h42097107 576 27,120 SH   SOLE   27,120 0 0
Unilever PLC ADR COM 904767704 1,574 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 5,541 58,100 SH   SOLE   58,100 0 0
United Health Group Inc. COM 91324P102 14,454 118,475 SH   SOLE   118,475 0 0
United Parcel Services Cl B COM 911312106 9,987 103,050 SH   SOLE   103,050 0 0
United Technologies COM 913017109 11,304 101,900 SH   SOLE   101,900 0 0
Varian Medical Systems Inc COM 92220P105 5,418 64,250 SH   SOLE   64,250 0 0
Verizon Communications Inc COM 92343v104 14,183 304,290 SH   SOLE   304,290 0 0
Visa Inc COM 92826c839 5,095 75,868 SH   SOLE   75,868 0 0
Vodafone Group PLC ADR COM 92857w308 1,030 28,265 SH   SOLE   28,265 0 0
Volvo AB ADR COM 928856400 271 21,875 SH   SOLE   21,875 0 0
Vulcan Materials COM 929160109 2,258 26,900 SH   SOLE   26,900 0 0
Waddell & Reed Financial, Inc. COM 930059100 852 18,000 SH   SOLE   18,000 0 0
Wal-Mart COM 931142103 11,519 162,400 SH   SOLE   162,400 0 0
Walgreens Boots Alliance Inc COM 931427108 8,889 105,275 SH   SOLE   105,275 0 0
Walt Disney Co. COM 254687106 30,921 270,900 SH   SOLE   270,900 0 0
Weingarten Realty Investors COM 948741103 953 29,150 SH   SOLE   29,150 0 0
Wells Fargo Co. COM 949746101 20,212 359,393 SH   SOLE   359,393 0 0
Western Gas Partners COM 958254104 631 9,950 SH   SOLE   9,950 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 3,760 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 3,828 66,700 SH   SOLE   66,700 0 0
Windstream Holdings Inc COM 97382a200 463 72,618 SH   SOLE   72,618 0 0
WNS Holdings LTD COM 92932m101 3,081 115,175 SH   SOLE   115,175 0 0
WPP PLC ADR COM 92937a102 665 5,900 SH   SOLE   5,900 0 0
Zoetis COM 98978v103 4,151 86,075 SH   SOLE   86,075 0 0
Wisdomtree Emerging Markets Eq COM 97717w315 6,852 157,775 SH   SOLE   157,775 0 0