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 791 34,350 SH   SOLE   34,350 0 0
Abbott Labs COM 002824100 5,734 140,200 SH   SOLE   140,200 0 0
Abbvie Inc COM 00287y109 9,313 165,000 SH   SOLE   165,000 0 0
Activision Blizzard Inc COM 00507v109 7,498 336,225 SH   SOLE   336,225 0 0
Adobe Systems COM 00724f101 8,102 111,969 SH   SOLE   111,969 0 0
Aecom Technology Corp COM 00766T100 3,050 94,725 SH   SOLE   94,725 0 0
Aegon NV ADR COM 007924103 98 11,200 SH   SOLE   11,200 0 0
Air Products & Chemicals, Inc. COM 009158106 3,389 26,350 SH   SOLE   26,350 0 0
Akamai Technologies Inc. COM 00971t101 6,408 104,950 SH   SOLE   104,950 0 0
Alcatel-Lucent ADR COM 013904305 71 19,900 SH   SOLE   19,900 0 0
Allegheny Technologies Inc. COM 01741r102 4,070 90,250 SH   SOLE   90,250 0 0
Allergan, Inc. COM 018490102 8,354 49,370 SH   SOLE   49,370 0 0
AllianceBernstein Holding LP COM 01881G106 303 11,700 SH   SOLE   11,700 0 0
Altria Group, Inc. COM 02209s103 14,036 334,675 SH   SOLE   334,675 0 0
Ambev SA ADR COM 02319v103 818 116,250 SH   SOLE   116,250 0 0
Amdocs Ltd COM G02602103 3,772 81,425 SH   SOLE   81,425 0 0
America Movil SA de CV ADR COM 02364w105 618 29,800 SH   SOLE   29,800 0 0
American Express COM 025816109 12,743 134,325 SH   SOLE   134,325 0 0
American States Water Co COM 029899101 1,097 33,000 SH   SOLE   33,000 0 0
Anadarko Petroleum Corp. COM 032511107 10,298 94,075 SH   SOLE   94,075 0 0
Anheuser-Busch COM 03524a108 9,356 81,400 SH   SOLE   81,400 0 0
Apache Corp COM 037411105 5,974 59,375 SH   SOLE   59,375 0 0
Apple Inc COM 037833100 40,998 441,175 SH   SOLE   441,175 0 0
Applied Materials Inc. COM 038222105 423 18,775 SH   SOLE   18,775 0 0
Ares Capital Corp COM 04010L103 1,094 61,275 SH   SOLE   61,275 0 0
Arlington Asset Investment Cor COM 041356205 362 13,228 SH   SOLE   13,228 0 0
Arthur J. Gallagher & Co. COM 363576109 6,310 135,400 SH   SOLE   135,400 0 0
AstraZeneca Group PLC ADR COM 046353108 979 13,175 SH   SOLE   13,175 0 0
AT&T Inc. COM 00206R102 15,259 431,528 SH   SOLE   431,528 0 0
Atmos Energy Corp. COM 049560105 2,662 49,850 SH   SOLE   49,850 0 0
AXA SA ADR COM 054536107 629 26,300 SH   SOLE   26,300 0 0
Baker Hughes COM 057224107 7,337 98,550 SH   SOLE   98,550 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 1,364 106,836 SH   SOLE   106,836 0 0
Banco Santander Central Hispan COM 05964h105 670 64,300 SH   SOLE   64,300 0 0
Bank of New York Mellon Corp. COM 064058100 9,415 251,207 SH   SOLE   251,207 0 0
Barclays PLC ADR COM 06738e204 555 38,000 SH   SOLE   38,000 0 0
BASF SE ADR COM 055262505 1,682 14,450 SH   SOLE   14,450 0 0
Baxter International, Inc. COM 071813109 3,087 42,700 SH   SOLE   42,700 0 0
BB&T Corporation COM 054937107 3,766 95,500 SH   SOLE   95,500 0 0
Bed Bath & Beyond Inc. COM 075896100 5,488 95,650 SH   SOLE   95,650 0 0
BG Group Plc ADR COM 055434203 1,689 80,000 SH   SOLE   80,000 0 0
BHP Billiton Ltd. ADR COM 088606108 1,538 22,475 SH   SOLE   22,475 0 0
Blackstone Group LP COM 09253u108 6,101 182,450 SH   SOLE   182,450 0 0
Block H&R COM 093671105 8,502 253,625 SH   SOLE   253,625 0 0
Boardwalk Pipeline Partners L. COM 096627104 1,412 76,300 SH   SOLE   76,300 0 0
Boeing Company COM 097023105 16,769 131,800 SH   SOLE   131,800 0 0
Boston Properties Inc COM 101121101 1,430 12,100 SH   SOLE   12,100 0 0
Boston Scientific COM 101137107 169 13,200 SH   SOLE   13,200 0 0
BP plc ADR COM 055622104 4,386 83,150 SH   SOLE   83,150 0 0
British American Tob SP ADR COM 110448107 1,456 12,225 SH   SOLE   12,225 0 0
Broadcom Corp COM 111320107 4,165 112,200 SH   SOLE   112,200 0 0
BT Group PLC ADR COM 05577e101 1,214 18,500 SH   SOLE   18,500 0 0
California Water Service Group COM 130788102 658 27,200 SH   SOLE   27,200 0 0
Calpine Corp COM 131347304 3,783 158,875 SH   SOLE   158,875 0 0
Cameron International Corp COM 13342B105 5,268 77,800 SH   SOLE   77,800 0 0
Canon Inc. ADR COM 138006309 808 24,675 SH   SOLE   24,675 0 0
Capital One Financial COM 14040H105 6,912 83,675 SH   SOLE   83,675 0 0
Carefusion Corp. COM 14170T101 4,066 91,675 SH   SOLE   91,675 0 0
Carrizo Oil & Gas Inc COM 144577103 5,385 77,750 SH   SOLE   77,750 0 0
Caterpillar Inc. COM 149123101 5,102 46,950 SH   SOLE   46,950 0 0
CBS Corp. COM 124857202 7,040 113,300 SH   SOLE   113,300 0 0
Celanese Corp COM 150870103 2,468 38,400 SH   SOLE   38,400 0 0
Celgene Corp. COM 151020104 18,955 220,710 SH   SOLE   220,710 0 0
Cemex SAB de CV ADR COM 151290889 228 17,258 SH   SOLE   17,258 0 0
CenturyLink Inc. COM 156700106 1,492 41,223 SH   SOLE   41,223 0 0
Charles Schwab Corp. COM 808513105 7,675 285,000 SH   SOLE   285,000 0 0
Chesapeake Energy Corp COM 165167107 3,890 125,150 SH   SOLE   125,150 0 0
Cheung Kong Limited ADR COM 166744201 727 41,000 SH   SOLE   41,000 0 0
Chevron Corp. COM 166764100 22,201 170,060 SH   SOLE   170,060 0 0
Church & Dwight Co. COM 171340102 6,757 96,600 SH   SOLE   96,600 0 0
Cincinnati Financial COM 172062101 697 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243v102 2,917 82,500 SH   SOLE   82,500 0 0
Cisco Systems COM 17275R102 13,685 550,700 SH   SOLE   550,700 0 0
CIT Group COM 125581801 1,638 35,800 SH   SOLE   35,800 0 0
Citrix Systems Inc COM 177376100 4,508 72,075 SH   SOLE   72,075 0 0
Cliffs Natural Resources Inc COM 18683k101 1,224 81,325 SH   SOLE   81,325 0 0
CMS Energy Corp. COM 125896100 4,472 143,575 SH   SOLE   143,575 0 0
Coca-Cola COM 191216100 1,029 24,300 SH   SOLE   24,300 0 0
Cognizant Tech Solutions Corp. COM 192446102 3,822 78,150 SH   SOLE   78,150 0 0
Columbia Sportswear Co COM 198516106 3,327 40,250 SH   SOLE   40,250 0 0
Comerica, Inc. COM 200340107 1,053 21,000 SH   SOLE   21,000 0 0
Commvault Systems COM 204166102 3,320 67,515 SH   SOLE   67,515 0 0
Companhia Vale do Rio Doce ADR COM 91912e105 187 14,150 SH   SOLE   14,150 0 0
Consolidated Edison COM 209115104 1,311 22,713 SH   SOLE   22,713 0 0
Constellation Brands COM 21036p108 6,211 70,475 SH   SOLE   70,475 0 0
Continental Resources Inc COM 212015101 7,005 44,325 SH   SOLE   44,325 0 0
Cooper Tire & Rubber Co. COM 216831107 750 25,000 SH   SOLE   25,000 0 0
Corning Inc. COM 219350105 5,950 271,075 SH   SOLE   271,075 0 0
Costco Co. COM 22160k105 4,891 42,475 SH   SOLE   42,475 0 0
Covidien PLC COM G2554f113 7,253 80,425 SH   SOLE   80,425 0 0
CTRIP.COM International ADR COM 22943F100 359 5,600 SH   SOLE   5,600 0 0
Cummins Inc COM 231021106 5,983 38,775 SH   SOLE   38,775 0 0
CVS Caremark Corp. COM 126650100 11,879 157,604 SH   SOLE   157,604 0 0
Daimler AG ADR COM D1668R123 1,513 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 12,900 163,850 SH   SOLE   163,850 0 0
Danone ADR COM 23636t100 550 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 6,485 140,150 SH   SOLE   140,150 0 0
Davita Healthcare Partners Inc COM 23918K108 6,867 94,950 SH   SOLE   94,950 0 0
DCP Midstream Partners LP COM 23311p100 2,098 36,800 SH   SOLE   36,800 0 0
DDR Corp COM 23317h102 304 17,221 SH   SOLE   17,221 0 0
Deutsche Bank ADR COM D18190898 341 9,700 SH   SOLE   9,700 0 0
Deutsche Telekom AG ADR COM 251566105 1,181 67,400 SH   SOLE   67,400 0 0
Diageo PLC ADR COM 25243q205 1,441 11,325 SH   SOLE   11,325 0 0
Diamond Offshore Drilling COM 25271c102 1,256 25,300 SH   SOLE   25,300 0 0
Diebold Inc COM 253651103 1,539 38,300 SH   SOLE   38,300 0 0
Digital Realty COM 253868103 1,411 24,200 SH   SOLE   24,200 0 0
DirectTV COM 25490a309 7,810 91,875 SH   SOLE   91,875 0 0
Dollar General COM 256677105 4,183 72,925 SH   SOLE   72,925 0 0
Dominion Resources COM 25746u109 3,989 55,775 SH   SOLE   55,775 0 0
Donnelley (R.R.) & Sons COM 257867101 456 26,900 SH   SOLE   26,900 0 0
Dr. Pepper Snapple Group, Inc COM 26138e109 323 5,520 SH   SOLE   5,520 0 0
Du Pont (E.I.) De Nemours & Co COM 263534109 12,702 194,096 SH   SOLE   194,096 0 0
Duke Energy Corp. COM 26441C204 7,059 95,146 SH   SOLE   95,146 0 0
Duke Realty Corp. COM 264411505 1,431 78,800 SH   SOLE   78,800 0 0
eBay Inc. COM 278642103 5,350 106,875 SH   SOLE   106,875 0 0
Embraer SA COM 29082a107 233 6,400 SH   SOLE   6,400 0 0
EMC Corp. COM 268648102 2,951 112,018 SH   SOLE   112,018 0 0
Enbridge Energy Partners LP COM 29250r106 3,689 99,900 SH   SOLE   99,900 0 0
Endo International PLC COM G30401106 8,021 114,550 SH   SOLE   114,550 0 0
Energizer Holdings Inc COM 29266R108 7,959 65,225 SH   SOLE   65,225 0 0
Energy XXI Bermuda COM g10082140 2,911 123,200 SH   SOLE   123,200 0 0
ENI SPA ADR COM 26874r108 1,319 24,025 SH   SOLE   24,025 0 0
Enterprise Products Partners L COM 293792107 3,265 41,700 SH   SOLE   41,700 0 0
EOG Resources COM 26875p101 10,231 87,550 SH   SOLE   87,550 0 0
Equity Residential Properties COM 29476l107 3,232 51,300 SH   SOLE   51,300 0 0
Ericsson ADR COM 294821608 1,247 103,200 SH   SOLE   103,200 0 0
Essex Property Trust Inc COM 297178105 3,714 20,086 SH   SOLE   20,086 0 0
Ethan Allen Interiors Inc. COM 297602104 245 9,900 SH   SOLE   9,900 0 0
Express COM 30219e103 2,168 127,325 SH   SOLE   127,325 0 0
Express Scripts Holding Compan COM 30219g108 5,494 79,250 SH   SOLE   79,250 0 0
Exxon Mobil Corp. COM 30231g102 33,146 329,224 SH   SOLE   329,224 0 0
F5 Networks Inc. COM 315616102 3,845 34,500 SH   SOLE   34,500 0 0
Fedex Corp. COM 31428x106 4,886 32,275 SH   SOLE   32,275 0 0
Fifth Street Finance Corp COM 31678a103 1,015 103,250 SH   SOLE   103,250 0 0
Fifth Third Bancorp COM 316773100 3,852 180,400 SH   SOLE   180,400 0 0
Finisar Corp COM 31787a507 2,860 144,800 SH   SOLE   144,800 0 0
Flowserve Corp. COM 34354P105 9,179 123,450 SH   SOLE   123,450 0 0
FMC Technologies Inc COM 30249U101 4,811 78,775 SH   SOLE   78,775 0 0
Fomento Economico Mexicana-SP COM 344419106 670 7,150 SH   SOLE   7,150 0 0
Freeport-McMoRan Inc COM 35671d857 5,735 157,125 SH   SOLE   157,125 0 0
Frontier Communications Corp COM 35906a108 814 139,428 SH   SOLE   139,428 0 0
General Electric Co. COM 369604103 26,396 1,004,400 SH   SOLE   1,004,400 0 0
General Growth Properties COM 370023103 432 18,331 SH   SOLE   18,331 0 0
Genuine Parts Co. COM 372460105 2,766 31,500 SH   SOLE   31,500 0 0
Gilead Science Inc COM 375558103 22,015 265,525 SH   SOLE   265,525 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,952 36,500 SH   SOLE   36,500 0 0
Goldman Sachs Group COM 38141g104 9,887 59,050 SH   SOLE   59,050 0 0
Goodyear Tire & Rubber Company COM 382550101 6,297 226,675 SH   SOLE   226,675 0 0
Google Inc Cl C COM 38259p706 14,655 25,475 SH   SOLE   25,475 0 0
Google Inc. Cl A COM 38259P508 14,894 25,475 SH   SOLE   25,475 0 0
Grifols SA ADR COM 398438408 477 10,825 SH   SOLE   10,825 0 0
Grupo Televisa SA ADR COM 40049j206 375 10,925 SH   SOLE   10,925 0 0
Halliburton Co. COM 406216101 10,820 152,375 SH   SOLE   152,375 0 0
Harman International Industrie COM 413086109 1,203 11,200 SH   SOLE   11,200 0 0
HCP Inc COM 40414L109 2,617 63,250 SH   SOLE   63,250 0 0
Health Care REIT, Inc. COM 42217k106 1,839 29,350 SH   SOLE   29,350 0 0
Hellenic Telecom Organization COM 423325307 325 44,000 SH   SOLE   44,000 0 0
Hess Corporation COM 42809h107 5,432 54,925 SH   SOLE   54,925 0 0
Hitachi Ltd. ADR COM 433578507 696 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 4,554 179,650 SH   SOLE   179,650 0 0
Home Depot, Inc. COM 437076102 15,374 189,900 SH   SOLE   189,900 0 0
Home Properties Inc COM 437306103 1,150 17,975 SH   SOLE   17,975 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,823 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 10,917 117,450 SH   SOLE   117,450 0 0
HSBC Holdings ADR COM 404280406 726 14,300 SH   SOLE   14,300 0 0
Hunt (J.B.) Transport COM 445658107 1,129 15,300 SH   SOLE   15,300 0 0
Hutchison Whampoa Limited ADR COM 448415208 1,074 39,250 SH   SOLE   39,250 0 0
Icon PLC ADR COM G4705A100 349 7,400 SH   SOLE   7,400 0 0
Infineon Technologies ADR COM 45662n103 460 36,825 SH   SOLE   36,825 0 0
Infosys Ltd ADR COM 456788108 2,092 38,900 SH   SOLE   38,900 0 0
Ing Groep NV ADR COM 456837103 199 14,200 SH   SOLE   14,200 0 0
Ingenico ADR COM 45684w107 322 18,475 SH   SOLE   18,475 0 0
Intel Corp. COM 458140100 11,554 373,910 SH   SOLE   373,910 0 0
International Business Machine COM 459200101 10,767 59,400 SH   SOLE   59,400 0 0
International Game Technology COM 459902102 325 20,400 SH   SOLE   20,400 0 0
Intesa Sanpaolo ADR COM 46115h107 223 12,041 SH   SOLE   12,041 0 0
Invesco Ltd COM g491bt108 7,284 192,950 SH   SOLE   192,950 0 0
Itau Unibanco Holding SA ADR COM 465562106 433 30,123 SH   SOLE   30,123 0 0
Itron, Inc. COM 465741106 1,766 43,550 SH   SOLE   43,550 0 0
Johnson & Johnson COM 478160104 23,741 226,925 SH   SOLE   226,925 0 0
Johnson Controls, Inc. COM 478366107 7,290 146,000 SH   SOLE   146,000 0 0
Joy Global Inc. COM 481165108 2,371 38,500 SH   SOLE   38,500 0 0
JPMorgan Chase & Co. COM 46625h100 19,931 345,907 SH   SOLE   345,907 0 0
Kamada Ltd ADR COM m6240t109 127 17,750 SH   SOLE   17,750 0 0
KB Financial Group Inc ADR COM 48241a105 256 7,375 SH   SOLE   7,375 0 0
Kellogg Co. COM 487836108 2,418 36,800 SH   SOLE   36,800 0 0
Kennametal Inc. COM 489170100 828 17,900 SH   SOLE   17,900 0 0
Kimco Realty Corp. COM 49446r109 1,957 85,175 SH   SOLE   85,175 0 0
Kinder Morgan Inc. COM 49456b101 5,074 139,937 SH   SOLE   139,937 0 0
Kirin Holdings Co ADR COM 497350306 438 30,300 SH   SOLE   30,300 0 0
Koninklijke KPN NV ADR COM 780641205 60 16,600 SH   SOLE   16,600 0 0
Koninklijke Philips NV ADR COM 500472303 299 9,400 SH   SOLE   9,400 0 0
Kraft Foods Group Inc. COM 50076q106 672 11,211 SH   SOLE   11,211 0 0
Kubota Corp-Spon ADR COM 501173207 346 4,875 SH   SOLE   4,875 0 0
L Brands Inc COM 501797104 6,570 112,000 SH   SOLE   112,000 0 0
Leggett & Platt COM 524660107 1,166 34,000 SH   SOLE   34,000 0 0
Lexington Realty Trust COM 529043101 680 61,755 SH   SOLE   61,755 0 0
Liberty Property Trust COM 531172104 2,318 61,100 SH   SOLE   61,100 0 0
Lilly (Eli) & Co. COM 532457108 11,116 178,800 SH   SOLE   178,800 0 0
Linear Technology Corp. COM 535678106 1,989 42,250 SH   SOLE   42,250 0 0
Logitech International SA ADR COM H50430232 548 42,020 SH   SOLE   42,020 0 0
Lorillard Inc. COM 544147101 3,579 58,700 SH   SOLE   58,700 0 0
Lowe's Co. COM 548661107 11,570 241,100 SH   SOLE   241,100 0 0
Luxottica Group SPA ADR COM 55068r202 417 7,200 SH   SOLE   7,200 0 0
Macerich Co. COM 554382101 1,450 21,719 SH   SOLE   21,719 0 0
Mack-Cali Realty Corp. COM 554489104 644 30,000 SH   SOLE   30,000 0 0
Mallinckrodt PLC COM g5785g107 804 10,050 SH   SOLE   10,050 0 0
Marsh & McLennan Companies, In COM 571748102 13,048 251,800 SH   SOLE   251,800 0 0
Mattel Inc. COM 577081102 7,139 183,200 SH   SOLE   183,200 0 0
Maxim Integrated Products, Inc COM 57772k101 5,263 155,675 SH   SOLE   155,675 0 0
McCormick & Co. COM 579780206 6,305 88,075 SH   SOLE   88,075 0 0
McDonald's Corp. COM 580135101 8,913 88,475 SH   SOLE   88,475 0 0
Mercadolibre Inc ADR COM 58733r102 551 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933y105 14,972 258,800 SH   SOLE   258,800 0 0
Metlife Inc COM 59156R108 8,572 154,275 SH   SOLE   154,275 0 0
Michael Kors Holdings COM G60754101 2,892 32,625 SH   SOLE   32,625 0 0
Microsoft Corp COM 594918104 28,283 678,241 SH   SOLE   678,241 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,682 273,550 SH   SOLE   273,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 457 1,425 SH   SOLE   1,425 0 0
Molson Coors Brewing Company COM 60871r209 7,038 94,900 SH   SOLE   94,900 0 0
Mondelez International Inc COM 609207105 1,265 33,636 SH   SOLE   33,636 0 0
Monsanto Co. COM 61166w101 5,844 46,850 SH   SOLE   46,850 0 0
Morgan Stanley, Dean Witter, D COM 617446448 6,948 214,900 SH   SOLE   214,900 0 0
Mylan Inc. COM 628530107 10,915 211,700 SH   SOLE   211,700 0 0
National Fuel Gas Co. COM 636180101 705 9,000 SH   SOLE   9,000 0 0
National Oilwell Varco Inc COM 637071101 6,034 73,275 SH   SOLE   73,275 0 0
New York Community Bancorp COM 649445103 2,140 133,925 SH   SOLE   133,925 0 0
NextEra Energy Inc COM 65339f101 4,285 41,816 SH   SOLE   41,816 0 0
NICE Systems Ltd ADR COM 653656108 284 6,950 SH   SOLE   6,950 0 0
Nippon Telegraph & Telephone C COM 654624105 1,962 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 6,855 174,250 SH   SOLE   174,250 0 0
Norsk Hydro ASA ADR COM 656531605 107 20,000 SH   SOLE   20,000 0 0
Northrop Grumman Corp. COM 666807102 5,990 50,075 SH   SOLE   50,075 0 0
Novartis ADR COM 66987v109 3,042 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 2,864 62,000 SH   SOLE   62,000 0 0
Now Inc COM 67011p100 663 18,315 SH   SOLE   18,315 0 0
Occidental Petroleum COM 674599105 8,051 78,450 SH   SOLE   78,450 0 0
Oracle Corp. COM 68389x105 13,040 321,745 SH   SOLE   321,745 0 0
Orange SA ADR COM 684060106 577 36,500 SH   SOLE   36,500 0 0
Owens-Illinois Inc COM 690768403 1,292 37,300 SH   SOLE   37,300 0 0
Panasonic Corp ADR COM 69832a205 838 68,800 SH   SOLE   68,800 0 0
Park National COM 700658107 247 3,200 SH   SOLE   3,200 0 0
Parker Hannifin COM 701094104 1,056 8,400 SH   SOLE   8,400 0 0
Pepco Holdings, Inc. COM 713291102 2,366 86,109 SH   SOLE   86,109 0 0
PepsiCo, Inc. COM 713448108 11,360 127,150 SH   SOLE   127,150 0 0
Petroleo Brasileiro SA ADR COM 71654v408 266 18,200 SH   SOLE   18,200 0 0
Petsmart Inc. COM 716768106 987 16,500 SH   SOLE   16,500 0 0
Pfizer, Inc. COM 717081103 16,461 554,624 SH   SOLE   554,624 0 0
Philip Morris International In COM 718172109 3,221 38,200 SH   SOLE   38,200 0 0
Pinnacle West Capital COM 723484101 746 12,900 SH   SOLE   12,900 0 0
Pitney Bowes Inc. COM 724479100 552 20,000 SH   SOLE   20,000 0 0
Plains All American Pipeline L COM 726503105 3,423 57,000 SH   SOLE   57,000 0 0
PNC Financial Services Group COM 693475105 14,770 165,862 SH   SOLE   165,862 0 0
Polaris Industries COM 731068102 2,084 16,000 SH   SOLE   16,000 0 0
Portugal Telecom SGPS SA ADR COM 737273102 40 10,800 SH   SOLE   10,800 0 0
Potash Corp of Saskatchewan In COM 73755L107 1,044 27,500 SH   SOLE   27,500 0 0
PPG Industries, Inc. COM 693506107 1,014 4,825 SH   SOLE   4,825 0 0
PPL Corp. COM 69351t106 2,587 72,800 SH   SOLE   72,800 0 0
Praxair, Inc. COM 74005P104 4,829 36,350 SH   SOLE   36,350 0 0
Principal Financial Group COM 74251V102 10,394 205,900 SH   SOLE   205,900 0 0
Procter & Gamble, Inc. COM 742718109 21,856 278,100 SH   SOLE   278,100 0 0
Prospect Capital Corp COM 74348t102 997 93,825 SH   SOLE   93,825 0 0
Prudential Financial, Inc. COM 744320102 15,892 179,025 SH   SOLE   179,025 0 0
PTC Inc COM 69370c100 3,606 92,950 SH   SOLE   92,950 0 0
Public Service Enterprise Grou COM 744573106 1,574 38,600 SH   SOLE   38,600 0 0
Qualcomm Inc. COM 747525103 15,979 201,750 SH   SOLE   201,750 0 0
Quest Diagnostics Inc COM 74834L100 640 10,900 SH   SOLE   10,900 0 0
Regal Entertainment Group - A COM 758766109 3,784 179,325 SH   SOLE   179,325 0 0
Regions Financial Corp. COM 7591EP100 198 18,610 SH   SOLE   18,610 0 0
Repsol SA ADR COM 76026T205 309 11,700 SH   SOLE   11,700 0 0
Reynolds American Inc. COM 761713106 2,004 33,200 SH   SOLE   33,200 0 0
Rio Tinto Plc ADR COM 767204100 792 14,600 SH   SOLE   14,600 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 1,092 29,300 SH   SOLE   29,300 0 0
Rockwell Collins Inc. COM 774341101 7,330 93,800 SH   SOLE   93,800 0 0
Royal Dutch Shell PLC ADR COM 780259206 3,291 39,950 SH   SOLE   39,950 0 0
Ryder Systems, Inc. COM 783549108 740 8,400 SH   SOLE   8,400 0 0
Sandisk Corp. COM 80004c101 3,869 37,050 SH   SOLE   37,050 0 0
Sanofi ADR COM 80105n105 2,095 39,400 SH   SOLE   39,400 0 0
Santos Limited ADR COM 803021708 603 44,800 SH   SOLE   44,800 0 0
SAP SE COM 803054204 1,602 20,800 SH   SOLE   20,800 0 0
Scana Corp COM 80589M102 1,216 22,596 SH   SOLE   22,596 0 0
Schlumberger Ltd. COM 806857108 15,611 132,350 SH   SOLE   132,350 0 0
Seadrill Ltd COM G7945e105 2,717 68,000 SH   SOLE   68,000 0 0
Sealed Air Corp. COM 81211k100 2,787 81,550 SH   SOLE   81,550 0 0
Sensata Technologies Holding A COM N7902X106 579 12,375 SH   SOLE   12,375 0 0
Servicenow Inc COM 81762p102 4,054 65,425 SH   SOLE   65,425 0 0
Seventy Seven Energy Inc COM 818097107 211 8,939 SH   SOLE   8,939 0 0
Shinhan Financial Grp ADR COM 824596100 431 9,400 SH   SOLE   9,400 0 0
Ship Finance Intl Ltd COM g81075106 1,296 69,700 SH   SOLE   69,700 0 0
Simon Property Group, Inc. COM 828806109 2,208 13,277 SH   SOLE   13,277 0 0
Singapore Telecom-SP ADR COM 82929R304 1,039 33,630 SH   SOLE   33,630 0 0
Sony Corp. ADR COM 835699307 470 28,000 SH   SOLE   28,000 0 0
Southern Co. COM 842587107 4,638 102,211 SH   SOLE   102,211 0 0
Spectra Energy Corp COM 847560109 3,362 79,150 SH   SOLE   79,150 0 0
Starbucks Corp. COM 855244109 4,283 55,350 SH   SOLE   55,350 0 0
Starwood Hotels & Resorts Inc. COM 85590A401 7,888 97,600 SH   SOLE   97,600 0 0
State Street Corp. COM 857477103 7,370 109,575 SH   SOLE   109,575 0 0
Statoil ASA ADR COM 85771P102 532 17,242 SH   SOLE   17,242 0 0
Subsea 7 Sa ADR COM 864323100 514 27,550 SH   SOLE   27,550 0 0
Swisscom AG ADR COM 871013108 442 7,600 SH   SOLE   7,600 0 0
Symantec Corp. COM 871503108 2,772 121,063 SH   SOLE   121,063 0 0
Syngenta AG ADR COM 87160a100 647 8,650 SH   SOLE   8,650 0 0
Synopsys Inc. COM 871607107 773 19,900 SH   SOLE   19,900 0 0
Syntel, Inc. COM 87162H103 617 7,175 SH   SOLE   7,175 0 0
Taiwan Semiconductor Manufactu COM 874039100 1,249 58,386 SH   SOLE   58,386 0 0
Target Corp. COM 87612e106 9,595 165,575 SH   SOLE   165,575 0 0
Telecom Italia ADR COM 87927y102 267 21,140 SH   SOLE   21,140 0 0
Telefonica SA ADR COM 879382208 839 48,883 SH   SOLE   48,883 0 0
Telenor ASA ADR COM 87944W105 615 9,000 SH   SOLE   9,000 0 0
Tenaris SA-ADR COM 88031M109 278 5,900 SH   SOLE   5,900 0 0
Teradata Corp COM 88076w103 1,835 45,650 SH   SOLE   45,650 0 0
Tessera Technologies Inc. COM 88164L100 3,248 147,100 SH   SOLE   147,100 0 0
Teva Pharmaceutical Industries COM 881624209 856 16,325 SH   SOLE   16,325 0 0
Texas Instruments COM 882508104 9,228 193,100 SH   SOLE   193,100 0 0
The Travelers Companies, Inc. COM 89417E109 15,122 160,751 SH   SOLE   160,751 0 0
Thermo Fisher Scientific Inc COM 883556102 7,782 65,950 SH   SOLE   65,950 0 0
Tibco Software COM 88632Q103 440 21,800 SH   SOLE   21,800 0 0
Tiffany & Co. COM 886547108 4,449 44,375 SH   SOLE   44,375 0 0
Timken Co COM 887389104 1,160 17,100 SH   SOLE   17,100 0 0
TimkenSteel corp COM 887399103 330 8,550 SH   SOLE   8,550 0 0
Tokio Marine Holdings Inc ADR COM 889094108 798 24,250 SH   SOLE   24,250 0 0
Tornier NV ADR COM n87237108 483 20,650 SH   SOLE   20,650 0 0
Total SA ADR COM 89151e109 2,484 34,400 SH   SOLE   34,400 0 0
Toyota Motor Corp. ADR COM 892331307 4,284 35,800 SH   SOLE   35,800 0 0
Transcanada Pipelines Ltd COM 89353d107 1,844 38,650 SH   SOLE   38,650 0 0
Transocean Ltd COM H8817H100 1,677 37,238 SH   SOLE   37,238 0 0
Tupperware Brands Corp COM 899896104 2,729 32,600 SH   SOLE   32,600 0 0
Twenty-First Century Fox Inc COM 90130a101 4,374 124,425 SH   SOLE   124,425 0 0
U.S. Bancorp COM 902973304 11,957 276,017 SH   SOLE   276,017 0 0
UBS AG ADR COM H89231338 547 29,850 SH   SOLE   29,850 0 0
Unilever PLC ADR COM 904767704 1,660 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 5,795 58,100 SH   SOLE   58,100 0 0
United Health Group Inc. COM 91324P102 9,685 118,475 SH   SOLE   118,475 0 0
United Parcel Services Cl B COM 911312106 10,579 103,050 SH   SOLE   103,050 0 0
United Technologies COM 913017109 11,764 101,900 SH   SOLE   101,900 0 0
Varian Medical Systems Inc COM 92220P105 5,342 64,250 SH   SOLE   64,250 0 0
Verizon Communications Inc COM 92343v104 14,889 304,290 SH   SOLE   304,290 0 0
Vodafone Group PLC ADR COM 92857w308 1,049 31,402 SH   SOLE   31,402 0 0
Volvo AB ADR COM 928856400 301 21,875 SH   SOLE   21,875 0 0
Vulcan Materials COM 929160109 1,715 26,900 SH   SOLE   26,900 0 0
Waddell & Reed Financial, Inc. COM 930059100 1,296 20,700 SH   SOLE   20,700 0 0
Wal-Mart COM 931142103 12,191 162,400 SH   SOLE   162,400 0 0
Walgreen Co. COM 931422109 9,602 129,525 SH   SOLE   129,525 0 0
Walt Disney Co. COM 254687106 23,227 270,900 SH   SOLE   270,900 0 0
Weingarten Realty Investors COM 948741103 957 29,150 SH   SOLE   29,150 0 0
WellPoint, Inc. COM 94973V107 7,436 69,100 SH   SOLE   69,100 0 0
Wells Fargo Co. COM 949746101 18,890 359,393 SH   SOLE   359,393 0 0
Western Gas Partners COM 958254104 761 9,950 SH   SOLE   9,950 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 4,882 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 3,883 66,700 SH   SOLE   66,700 0 0
Windstream Holdings Inc COM 97382a101 4,339 435,663 SH   SOLE   435,663 0 0
Wisconsin Energy Corp. COM 976657106 4,239 90,350 SH   SOLE   90,350 0 0
WPP PLC ADR COM 92937a102 610 5,600 SH   SOLE   5,600 0 0
Zoetis COM 98978v103 2,778 86,075 SH   SOLE   86,075 0 0
Kinder Morgan Inc Del Warrant COM 49456b119 128 46,088 SH   SOLE   46,088 0 0
Wisdomtree Emerging Markets Eq COM 97717w315 8,179 157,775 SH   SOLE   157,775 0 0