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 886 34,350 SH   SOLE   34,350 0 0
Abbott Labs. COM 002824100 5,399 140,200 SH   SOLE   140,200 0 0
Abbvie Inc COM 00287y109 8,481 165,000 SH   SOLE   165,000 0 0
Activision Blizzard Inc COM 00507v109 6,872 336,225 SH   SOLE   336,225 0 0
Adobe Systems COM 00724f101 7,361 111,969 SH   SOLE   111,969 0 0
Aecom Technology Corp COM 00766T100 3,047 94,725 SH   SOLE   94,725 0 0
Aegon NV ADR COM 007924103 103 11,200 SH   SOLE   11,200 0 0
Air Products & Chemicals, Inc. COM 009158106 3,137 26,350 SH   SOLE   26,350 0 0
Akamai Technologies Inc. COM 00971t101 6,109 104,950 SH   SOLE   104,950 0 0
Alcatel-Lucent ADR COM 013904305 78 19,900 SH   SOLE   19,900 0 0
Allegheny Technologies Inc. COM 01741r102 3,401 90,250 SH   SOLE   90,250 0 0
Allergan, Inc. COM 018490102 6,127 49,370 SH   SOLE   49,370 0 0
AllianceBernstein Holding LP COM 01881G106 292 11,700 SH   SOLE   11,700 0 0
Altria Group, Inc. COM 02209s103 12,527 334,675 SH   SOLE   334,675 0 0
Ambev SA ADR COM 02319v103 861 116,250 SH   SOLE   116,250 0 0
Amdocs Ltd COM G02602103 3,783 81,425 SH   SOLE   81,425 0 0
America Movil SA de CV ADR COM 02364w105 592 29,800 SH   SOLE   29,800 0 0
American Express COM 025816109 12,093 134,325 SH   SOLE   134,325 0 0
American States Water Co COM 029899101 1,066 33,000 SH   SOLE   33,000 0 0
Anadarko Petroleum Corp. COM 032511107 7,974 94,075 SH   SOLE   94,075 0 0
Anheuser-Busch COM 03524a108 8,571 81,400 SH   SOLE   81,400 0 0
Apache Corp COM 037411105 4,925 59,375 SH   SOLE   59,375 0 0
Apple Inc COM 037833100 33,828 63,025 SH   SOLE   63,025 0 0
Applied Materials Inc. COM 038222105 383 18,775 SH   SOLE   18,775 0 0
Ares Capital Corp COM 04010L103 1,080 61,275 SH   SOLE   61,275 0 0
Arlington Asset Investment Cor COM 041356205 350 13,228 SH   SOLE   13,228 0 0
Arthur J. Gallagher & Co. COM 363576109 6,442 135,400 SH   SOLE   135,400 0 0
AstraZeneca Group PLC ADR COM 046353108 855 13,175 SH   SOLE   13,175 0 0
AT&T Inc. COM 00206R102 15,134 431,528 SH   SOLE   431,528 0 0
Atmos Energy Corp. COM 049560105 2,349 49,850 SH   SOLE   49,850 0 0
AXA SA ADR COM 054536107 684 26,300 SH   SOLE   26,300 0 0
Baker Hughes COM 057224107 6,408 98,550 SH   SOLE   98,550 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 1,283 106,836 SH   SOLE   106,836 0 0
Banco Santander Central Hispan COM 05964h105 616 64,300 SH   SOLE   64,300 0 0
Bank of New York Mellon Corp. COM 064058100 8,865 251,207 SH   SOLE   251,207 0 0
Barclays PLC ADR COM 06738e204 597 38,000 SH   SOLE   38,000 0 0
BASF SE ADR COM 055262505 1,607 14,450 SH   SOLE   14,450 0 0
Baxter International, Inc. COM 071813109 3,142 42,700 SH   SOLE   42,700 0 0
BB&T Corporation COM 054937107 3,836 95,500 SH   SOLE   95,500 0 0
Bed Bath & Beyond Inc. COM 075896100 6,581 95,650 SH   SOLE   95,650 0 0
BG Group Plc ADR COM 055434203 1,490 80,000 SH   SOLE   80,000 0 0
BHP Billiton Ltd. ADR COM 088606108 1,523 22,475 SH   SOLE   22,475 0 0
Blackstone Group LP COM 09253u108 6,066 182,450 SH   SOLE   182,450 0 0
Block H&R COM 093671105 7,657 253,625 SH   SOLE   253,625 0 0
Boardwalk Pipeline Partners L. COM 096627104 1,023 76,300 SH   SOLE   76,300 0 0
Boeing Company COM 097023105 16,540 131,800 SH   SOLE   131,800 0 0
Boston Properties Inc COM 101121101 1,386 12,100 SH   SOLE   12,100 0 0
Boston Scientific COM 101137107 178 13,200 SH   SOLE   13,200 0 0
BP plc ADR COM 055622104 4,000 83,150 SH   SOLE   83,150 0 0
BRE Properties COM 05564E106 4,245 67,615 SH   SOLE   67,615 0 0
British American Tob SP ADR COM 110448107 1,362 12,225 SH   SOLE   12,225 0 0
Broadcom Corp COM 111320107 3,531 112,200 SH   SOLE   112,200 0 0
BT Group PLC ADR COM 05577e101 1,181 18,500 SH   SOLE   18,500 0 0
California Water Service Group COM 130788102 651 27,200 SH   SOLE   27,200 0 0
Calpine Corp COM 131347304 3,322 158,875 SH   SOLE   158,875 0 0
Cameron International Corp COM 13342B105 4,806 77,800 SH   SOLE   77,800 0 0
Canon Inc. ADR COM 138006309 766 24,675 SH   SOLE   24,675 0 0
Capital One Financial COM 14040H105 6,456 83,675 SH   SOLE   83,675 0 0
Carefusion Corp. COM 14170T101 3,687 91,675 SH   SOLE   91,675 0 0
Carrizo Oil & Gas Inc COM 144577103 4,157 77,750 SH   SOLE   77,750 0 0
Caterpillar Inc. COM 149123101 4,665 46,950 SH   SOLE   46,950 0 0
CBS Corp. COM 124857202 7,002 113,300 SH   SOLE   113,300 0 0
Celanese Corp COM 150870103 2,132 38,400 SH   SOLE   38,400 0 0
Celgene Corp. COM 151020104 15,406 110,355 SH   SOLE   110,355 0 0
Cemex SAB de CV ADR COM 151290889 210 16,596 SH   SOLE   16,596 0 0
CenturyLink Inc. COM 156700106 1,354 41,223 SH   SOLE   41,223 0 0
Charles Schwab Corp. COM 808513105 7,789 285,000 SH   SOLE   285,000 0 0
Chesapeake Energy Corp COM 165167107 3,206 125,150 SH   SOLE   125,150 0 0
Cheung Kong Limited ADR COM 166744201 680 41,000 SH   SOLE   41,000 0 0
Chevron Corp. COM 166764100 20,222 170,060 SH   SOLE   170,060 0 0
Church & Dwight Co. COM 171340102 6,672 96,600 SH   SOLE   96,600 0 0
Cincinnati Financial COM 172062101 706 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243v102 2,393 82,500 SH   SOLE   82,500 0 0
Cisco Systems COM 17275R102 12,344 550,700 SH   SOLE   550,700 0 0
CIT Group COM 125581801 1,755 35,800 SH   SOLE   35,800 0 0
Citrix Systems Inc COM 177376100 4,140 72,075 SH   SOLE   72,075 0 0
Cliffs Natural Resources Inc COM 18683k101 1,664 81,325 SH   SOLE   81,325 0 0
CMS Energy Corp. COM 125896100 4,204 143,575 SH   SOLE   143,575 0 0
Coca-Cola COM 191216100 939 24,300 SH   SOLE   24,300 0 0
Cognizant Tech Solutions Corp. COM 192446102 3,954 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 1,088 21,000 SH   SOLE   21,000 0 0
Companhia Vale do Rio Doce ADR COM 91912e105 196 14,150 SH   SOLE   14,150 0 0
Consolidated Edison COM 209115104 1,219 22,713 SH   SOLE   22,713 0 0
Constellation Brands COM 21036p108 5,988 70,475 SH   SOLE   70,475 0 0
Continental Resources Inc COM 212015101 5,508 44,325 SH   SOLE   44,325 0 0
Cooper Tire & Rubber Co. COM 216831107 608 25,000 SH   SOLE   25,000 0 0
Corning Inc. COM 219350105 5,644 271,075 SH   SOLE   271,075 0 0
Costco Co. COM 22160k105 4,744 42,475 SH   SOLE   42,475 0 0
Covidien PLC COM G2554f113 5,924 80,425 SH   SOLE   80,425 0 0
CTRIP.COM International ADR COM 22943F100 282 5,600 SH   SOLE   5,600 0 0
Cummins Inc COM 231021106 5,777 38,775 SH   SOLE   38,775 0 0
CVS Caremark Corp. COM 126650100 11,798 157,604 SH   SOLE   157,604 0 0
Daimler AG ADR COM D1668R123 1,535 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 12,289 163,850 SH   SOLE   163,850 0 0
Danone ADR COM 23636t100 524 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 7,114 140,150 SH   SOLE   140,150 0 0
Davita Healthcare Partners Inc COM 23918K108 6,537 94,950 SH   SOLE   94,950 0 0
DCP Midstream Partners LP COM 23311p100 1,844 36,800 SH   SOLE   36,800 0 0
DDR Corp COM 23317h102 284 17,221 SH   SOLE   17,221 0 0
Deutsche Bank ADR COM D18190898 435 9,700 SH   SOLE   9,700 0 0
Deutsche Telekom AG ADR COM 251566105 1,090 67,400 SH   SOLE   67,400 0 0
Diageo PLC ADR COM 25243q205 1,411 11,325 SH   SOLE   11,325 0 0
Diamond Offshore Drilling COM 25271c102 1,249 25,625 SH   SOLE   25,625 0 0
Diebold Inc COM 253651103 1,528 38,300 SH   SOLE   38,300 0 0
Digital Realty COM 253868103 1,285 24,200 SH   SOLE   24,200 0 0
DirectTV COM 25490a309 7,021 91,875 SH   SOLE   91,875 0 0
Dollar General COM 256677105 4,046 72,925 SH   SOLE   72,925 0 0
Dominion Resources COM 25746u109 3,959 55,775 SH   SOLE   55,775 0 0
Donnelley (R.R.) & Sons COM 257867101 482 26,900 SH   SOLE   26,900 0 0
Dr. Pepper Snapple Group, Inc COM 26138e109 301 5,520 SH   SOLE   5,520 0 0
Du Pont (E.I.) De Nemours & Co COM 263534109 13,024 194,096 SH   SOLE   194,096 0 0
Duke Energy Corp. COM 26441C204 6,776 95,146 SH   SOLE   95,146 0 0
Duke Realty Corp. COM 264411505 1,330 78,800 SH   SOLE   78,800 0 0
eBay Inc. COM 278642103 5,904 106,875 SH   SOLE   106,875 0 0
Embraer SA COM 29082a107 227 6,400 SH   SOLE   6,400 0 0
EMC Corp. COM 268648102 3,070 112,018 SH   SOLE   112,018 0 0
Enbridge Energy Partners LP COM 29250r106 2,738 99,900 SH   SOLE   99,900 0 0
Endo International PLC COM G30401106 7,864 114,550 SH   SOLE   114,550 0 0
Energizer Holdings Inc COM 29266R108 6,571 65,225 SH   SOLE   65,225 0 0
ENI SPA ADR COM 26874r108 1,205 24,025 SH   SOLE   24,025 0 0
Enterprise Products Partners L COM 293792107 2,892 41,700 SH   SOLE   41,700 0 0
EOG Resources COM 26875p101 8,587 43,775 SH   SOLE   43,775 0 0
Equity Residential Properties COM 29476l107 2,975 51,300 SH   SOLE   51,300 0 0
Ericsson ADR COM 294821608 1,376 103,200 SH   SOLE   103,200 0 0
Ethan Allen Interiors Inc. COM 297602104 252 9,900 SH   SOLE   9,900 0 0
Express COM 30219e103 2,022 127,325 SH   SOLE   127,325 0 0
Express Scripts Holding Compan COM 30219g108 5,951 79,250 SH   SOLE   79,250 0 0
Exxon Mobil Corp. COM 30231g102 34,859 356,874 SH   SOLE   356,874 0 0
F5 Networks Inc. COM 315616102 3,679 34,500 SH   SOLE   34,500 0 0
Fedex Corp. COM 31428x106 4,278 32,275 SH   SOLE   32,275 0 0
Fifth Street Finance Corp COM 31678a103 977 103,250 SH   SOLE   103,250 0 0
Fifth Third Bancorp COM 316773100 4,141 180,400 SH   SOLE   180,400 0 0
Finisar Corp COM 31787a507 3,839 144,800 SH   SOLE   144,800 0 0
Flowserve Corp. COM 34354P105 9,671 123,450 SH   SOLE   123,450 0 0
FMC Technologies Inc COM 30249U101 4,119 78,775 SH   SOLE   78,775 0 0
Fomento Economico Mexicana-SP COM 344419106 667 7,150 SH   SOLE   7,150 0 0
Freeport-McMoRan Copper & Gold COM 35671d857 5,196 157,125 SH   SOLE   157,125 0 0
Frontier Communications Corp COM 35906a108 795 139,428 SH   SOLE   139,428 0 0
General Electric Co. COM 369604103 26,004 1,004,400 SH   SOLE   1,004,400 0 0
General Growth Properties COM 370023103 403 18,331 SH   SOLE   18,331 0 0
Genuine Parts Co. COM 372460105 2,736 31,500 SH   SOLE   31,500 0 0
Gilead Science Inc COM 375558103 18,815 265,525 SH   SOLE   265,525 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,950 36,500 SH   SOLE   36,500 0 0
Goldman Sachs Group COM 38141g104 9,675 59,050 SH   SOLE   59,050 0 0
Goodyear Tire & Rubber Company COM 382550101 5,923 226,675 SH   SOLE   226,675 0 0
Google Inc. Cl A COM 38259P508 28,392 25,475 SH   SOLE   25,475 0 0
Grifols SA ADR COM 398438408 447 10,825 SH   SOLE   10,825 0 0
Grupo Televisa SA ADR COM 40049j206 364 10,925 SH   SOLE   10,925 0 0
Halliburton Co. COM 406216101 8,973 152,375 SH   SOLE   152,375 0 0
Harman International Industrie COM 413086109 1,192 11,200 SH   SOLE   11,200 0 0
HCP Inc COM 40414L109 2,453 63,250 SH   SOLE   63,250 0 0
Health Care REIT, Inc. COM 42217k106 1,749 29,350 SH   SOLE   29,350 0 0
Hellenic Telecom Organization COM 423325307 364 44,000 SH   SOLE   44,000 0 0
Hess Corporation COM 42809h107 4,552 54,925 SH   SOLE   54,925 0 0
Hitachi Ltd. ADR COM 433578507 703 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 3,862 179,650 SH   SOLE   179,650 0 0
Home Depot, Inc. COM 437076102 15,027 189,900 SH   SOLE   189,900 0 0
Home Properties Inc COM 437306103 1,081 17,975 SH   SOLE   17,975 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,841 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 10,895 117,450 SH   SOLE   117,450 0 0
HSBC Holdings ADR COM 404280406 727 14,300 SH   SOLE   14,300 0 0
Hunt (J.B.) Transport COM 445658107 1,100 15,300 SH   SOLE   15,300 0 0
Hutchison Whampoa Limited ADR COM 448415208 1,039 39,250 SH   SOLE   39,250 0 0
Icon PLC ADR COM G4705A100 352 7,400 SH   SOLE   7,400 0 0
Infineon Technologies ADR COM 45662n103 440 36,825 SH   SOLE   36,825 0 0
Infosys Ltd ADR COM 456788108 2,108 38,900 SH   SOLE   38,900 0 0
Ing Groep NV ADR COM 456837103 202 14,200 SH   SOLE   14,200 0 0
Ingenico ADR COM 45684w107 346 18,475 SH   SOLE   18,475 0 0
Intel Corp. COM 458140100 14,673 568,400 SH   SOLE   568,400 0 0
International Business Machine COM 459200101 11,434 59,400 SH   SOLE   59,400 0 0
International Game Technology COM 459902102 287 20,400 SH   SOLE   20,400 0 0
Intesa Sanpaolo ADR COM 46115h107 245 12,041 SH   SOLE   12,041 0 0
Invesco Ltd COM g491bt108 7,139 192,950 SH   SOLE   192,950 0 0
Itau Unibanco Holding SA ADR COM 465562106 407 27,387 SH   SOLE   27,387 0 0
Itron, Inc. COM 465741106 1,548 43,550 SH   SOLE   43,550 0 0
Johnson & Johnson COM 478160104 22,291 226,925 SH   SOLE   226,925 0 0
Johnson Controls, Inc. COM 478366107 6,909 146,000 SH   SOLE   146,000 0 0
Jones Group Inc The COM 48020t101 289 19,300 SH   SOLE   19,300 0 0
Joy Global Inc. COM 481165108 2,233 38,500 SH   SOLE   38,500 0 0
JPMorgan Chase & Co. COM 46625h100 21,000 345,907 SH   SOLE   345,907 0 0
Kamada Ltd ADR COM m6240t109 257 17,750 SH   SOLE   17,750 0 0
KB Financial Group Inc ADR COM 48241a105 259 7,375 SH   SOLE   7,375 0 0
Kellogg Co. COM 487836108 2,308 36,800 SH   SOLE   36,800 0 0
Kennametal Inc. COM 489170100 793 17,900 SH   SOLE   17,900 0 0
Kimco Realty Corp. COM 49446r109 1,864 85,175 SH   SOLE   85,175 0 0
Kinder Morgan Inc. COM 49456b101 4,547 139,937 SH   SOLE   139,937 0 0
Kirin Holdings Co ADR COM 497350306 421 30,300 SH   SOLE   30,300 0 0
Koninklijke KPN NV ADR COM 780641205 59 16,600 SH   SOLE   16,600 0 0
Koninklijke Philips NV ADR COM 500472303 331 9,400 SH   SOLE   9,400 0 0
Kraft Foods Group Inc. COM 50076q106 629 11,211 SH   SOLE   11,211 0 0
Kubota Corp-Spon ADR COM 501173207 324 4,875 SH   SOLE   4,875 0 0
L Brands Inc COM 501797104 6,358 112,000 SH   SOLE   112,000 0 0
Leggett & Platt COM 524660107 1,110 34,000 SH   SOLE   34,000 0 0
Lexington Realty Trust COM 529043101 674 61,755 SH   SOLE   61,755 0 0
Liberty Property Trust COM 531172104 2,258 61,100 SH   SOLE   61,100 0 0
Lilly (Eli) & Co. COM 532457108 10,524 178,800 SH   SOLE   178,800 0 0
Linear Technology Corp. COM 535678106 2,057 42,250 SH   SOLE   42,250 0 0
Logitech International SA ADR COM H50430232 626 42,020 SH   SOLE   42,020 0 0
Lorillard Inc. COM 544147101 3,174 58,700 SH   SOLE   58,700 0 0
Lowe's Co. COM 548661107 11,790 241,100 SH   SOLE   241,100 0 0
Luxottica Group SPA ADR COM 55068r202 415 7,200 SH   SOLE   7,200 0 0
Macerich Co. COM 554382101 1,354 21,719 SH   SOLE   21,719 0 0
Mack-Cali Realty Corp. COM 554489104 624 30,000 SH   SOLE   30,000 0 0
Mallinckrodt PLC COM g5785g107 637 10,050 SH   SOLE   10,050 0 0
Marsh & McLennan Companies, In COM 571748102 12,414 251,800 SH   SOLE   251,800 0 0
Mattel Inc. COM 577081102 7,348 183,200 SH   SOLE   183,200 0 0
Maxim Integrated Products, Inc COM 57772k101 5,156 155,675 SH   SOLE   155,675 0 0
McCormick & Co. COM 579780206 6,319 88,075 SH   SOLE   88,075 0 0
McDonald's Corp. COM 580135101 8,673 88,475 SH   SOLE   88,475 0 0
Mercadolibre Inc ADR COM 58733r102 549 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933y105 14,692 258,800 SH   SOLE   258,800 0 0
Metlife Inc COM 59156R108 8,146 154,275 SH   SOLE   154,275 0 0
Michael Kors Holdings COM G60754101 3,043 32,625 SH   SOLE   32,625 0 0
Microsoft Corp COM 594918104 28,039 684,048 SH   SOLE   684,048 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,515 273,550 SH   SOLE   273,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 404 1,425 SH   SOLE   1,425 0 0
Molson Coors Brewing Company COM 60871r209 5,586 94,900 SH   SOLE   94,900 0 0
Mondelez International Inc COM 609207105 1,162 33,636 SH   SOLE   33,636 0 0
Monsanto Co. COM 61166w101 5,330 46,850 SH   SOLE   46,850 0 0
Morgan Stanley, Dean Witter, D COM 617446448 6,698 214,900 SH   SOLE   214,900 0 0
Mylan Inc. COM 628530107 10,337 211,700 SH   SOLE   211,700 0 0
National Fuel Gas Co. COM 636180101 630 9,000 SH   SOLE   9,000 0 0
National Oilwell Varco Inc COM 637071101 5,706 73,275 SH   SOLE   73,275 0 0
New York Community Bancorp COM 649445103 2,152 133,925 SH   SOLE   133,925 0 0
NextEra Energy Inc COM 65339f101 3,998 41,816 SH   SOLE   41,816 0 0
NICE Systems Ltd ADR COM 653656108 310 6,950 SH   SOLE   6,950 0 0
Nippon Telegraph & Telephone C COM 654624105 1,712 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 6,191 174,250 SH   SOLE   174,250 0 0
Norsk Hydro ASA ADR COM 656531605 100 20,000 SH   SOLE   20,000 0 0
Northrop Grumman Corp. COM 666807102 6,178 50,075 SH   SOLE   50,075 0 0
Novartis ADR COM 66987v109 2,857 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 2,830 62,000 SH   SOLE   62,000 0 0
Occidental Petroleum COM 674599105 7,476 78,450 SH   SOLE   78,450 0 0
Oracle Corp. COM 68389x105 13,163 321,745 SH   SOLE   321,745 0 0
Orange SA ADR COM 684060106 536 36,500 SH   SOLE   36,500 0 0
Owens-Illinois Inc COM 690768403 1,262 37,300 SH   SOLE   37,300 0 0
Panasonic Corp ADR COM 69832a205 784 68,800 SH   SOLE   68,800 0 0
Park National COM 700658107 246 3,200 SH   SOLE   3,200 0 0
Parker Hannifin COM 701094104 1,006 8,400 SH   SOLE   8,400 0 0
Pepco Holdings, Inc. COM 713291102 1,764 86,109 SH   SOLE   86,109 0 0
PepsiCo, Inc. COM 713448108 10,617 127,150 SH   SOLE   127,150 0 0
Petroleo Brasileiro SA ADR COM 71654v408 239 18,200 SH   SOLE   18,200 0 0
Petsmart Inc. COM 716768106 1,137 16,500 SH   SOLE   16,500 0 0
Pfizer, Inc. COM 717081103 17,815 554,624 SH   SOLE   554,624 0 0
Philip Morris International In COM 718172109 3,127 38,200 SH   SOLE   38,200 0 0
Pinnacle West Capital COM 723484101 705 12,900 SH   SOLE   12,900 0 0
Pitney Bowes Inc. COM 724479100 520 20,000 SH   SOLE   20,000 0 0
Plains All American Pipeline L COM 726503105 3,142 57,000 SH   SOLE   57,000 0 0
PNC Financial Services Group COM 693475105 14,430 165,862 SH   SOLE   165,862 0 0
Polaris Industries COM 731068102 2,235 16,000 SH   SOLE   16,000 0 0
Portugal Telecom SGPS SA ADR COM 737273102 46 10,800 SH   SOLE   10,800 0 0
Potash Corp of Saskatchewan In COM 73755L107 996 27,500 SH   SOLE   27,500 0 0
PPG Industries, Inc. COM 693506107 933 4,825 SH   SOLE   4,825 0 0
PPL Corp. COM 69351t106 2,413 72,800 SH   SOLE   72,800 0 0
Praxair, Inc. COM 74005P104 4,761 36,350 SH   SOLE   36,350 0 0
Principal Financial Group COM 74251V102 9,469 205,900 SH   SOLE   205,900 0 0
Procter & Gamble, Inc. COM 742718109 22,415 278,100 SH   SOLE   278,100 0 0
Prospect Capital Corp COM 74348t102 1,013 93,825 SH   SOLE   93,825 0 0
Prudential Financial, Inc. COM 744320102 15,154 179,025 SH   SOLE   179,025 0 0
Public Service Enterprise Grou COM 744573106 1,472 38,600 SH   SOLE   38,600 0 0
Qualcomm Inc. COM 747525103 15,910 201,750 SH   SOLE   201,750 0 0
Quest Diagnostics Inc COM 74834L100 631 10,900 SH   SOLE   10,900 0 0
Regal Entertainment Group - A COM 758766109 3,350 179,325 SH   SOLE   179,325 0 0
Regions Financial Corp. COM 7591EP100 207 18,610 SH   SOLE   18,610 0 0
Repsol SA ADR COM 76026T205 299 11,700 SH   SOLE   11,700 0 0
Reynolds American Inc. COM 761713106 1,774 33,200 SH   SOLE   33,200 0 0
Rio Tinto Plc ADR COM 767204100 815 14,600 SH   SOLE   14,600 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 1,099 29,300 SH   SOLE   29,300 0 0
Rockwell Collins Inc. COM 774341101 7,473 93,800 SH   SOLE   93,800 0 0
Royal Dutch Shell PLC ADR COM 780259206 2,919 39,950 SH   SOLE   39,950 0 0
Ryder Systems, Inc. COM 783549108 671 8,400 SH   SOLE   8,400 0 0
Sandisk Corp. COM 80004c101 3,008 37,050 SH   SOLE   37,050 0 0
Sanofi ADR COM 80105n105 2,060 39,400 SH   SOLE   39,400 0 0
Santos Limited ADR COM 803021708 561 44,800 SH   SOLE   44,800 0 0
SAP ADR COM 803054204 1,691 20,800 SH   SOLE   20,800 0 0
Scana Corp COM 80589M102 1,160 22,596 SH   SOLE   22,596 0 0
Schlumberger Ltd. COM 806857108 12,904 132,350 SH   SOLE   132,350 0 0
Seadrill Ltd COM G7945e105 2,391 68,000 SH   SOLE   68,000 0 0
Sealed Air Corp. COM 81211k100 2,681 81,550 SH   SOLE   81,550 0 0
Sensata Technologies Holding A COM N7902X106 528 12,375 SH   SOLE   12,375 0 0
Servicenow Inc COM 81762p102 3,920 65,425 SH   SOLE   65,425 0 0
Shinhan Financial Grp ADR COM 824596100 413 9,400 SH   SOLE   9,400 0 0
Ship Finance Intl Ltd COM g81075106 1,253 69,700 SH   SOLE   69,700 0 0
Simon Property Group, Inc. COM 828806109 2,177 13,277 SH   SOLE   13,277 0 0
Singapore Telecom-SP ADR COM 82929R304 976 33,630 SH   SOLE   33,630 0 0
Sony Corp. ADR COM 835699307 535 28,000 SH   SOLE   28,000 0 0
Southern Co. COM 842587107 4,491 102,211 SH   SOLE   102,211 0 0
Spectra Energy Corp COM 847560109 2,924 79,150 SH   SOLE   79,150 0 0
Starbucks Corp. COM 855244109 4,062 55,350 SH   SOLE   55,350 0 0
Starwood Hotels & Resorts Inc. COM 85590A401 7,769 97,600 SH   SOLE   97,600 0 0
State Street Corp. COM 857477103 7,621 109,575 SH   SOLE   109,575 0 0
Statoil ASA ADR COM 85771P102 487 17,242 SH   SOLE   17,242 0 0
Subsea 7 Sa ADR COM 864323100 512 27,550 SH   SOLE   27,550 0 0
Swisscom AG ADR COM 871013108 467 7,600 SH   SOLE   7,600 0 0
Symantec Corp. COM 871503108 2,418 121,063 SH   SOLE   121,063 0 0
Syngenta AG ADR COM 87160a100 655 8,650 SH   SOLE   8,650 0 0
Synopsys Inc. COM 871607107 764 19,900 SH   SOLE   19,900 0 0
Syntel, Inc. COM 87162H103 645 7,175 SH   SOLE   7,175 0 0
Taiwan Semiconductor Manufactu COM 874039100 1,169 58,386 SH   SOLE   58,386 0 0
Target Corp. COM 87612e106 10,019 165,575 SH   SOLE   165,575 0 0
Telecom Italia ADR COM 87927y102 249 21,140 SH   SOLE   21,140 0 0
Telefonica SA ADR COM 879382208 772 48,883 SH   SOLE   48,883 0 0
Telenor ASA ADR COM 87944W105 598 9,000 SH   SOLE   9,000 0 0
Tenaris SA-ADR COM 88031M109 261 5,900 SH   SOLE   5,900 0 0
Teradata Corp COM 88076w103 2,246 45,650 SH   SOLE   45,650 0 0
Tessera Technologies Inc. COM 88164L100 3,476 147,100 SH   SOLE   147,100 0 0
Teva Pharmaceutical Industries COM 881624209 863 16,325 SH   SOLE   16,325 0 0
Texas Instruments COM 882508104 9,107 193,100 SH   SOLE   193,100 0 0
The Travelers Companies, Inc. COM 89417E109 13,680 160,751 SH   SOLE   160,751 0 0
Thermo Fisher Scientific Inc COM 883556102 7,930 65,950 SH   SOLE   65,950 0 0
Tibco Software COM 88632Q103 443 21,800 SH   SOLE   21,800 0 0
Tiffany & Co. COM 886547108 3,823 44,375 SH   SOLE   44,375 0 0
Timken Co COM 887389104 1,005 17,100 SH   SOLE   17,100 0 0
Tokio Marine Holdings Inc ADR COM 889094108 729 24,250 SH   SOLE   24,250 0 0
Tornier NV ADR COM n87237108 438 20,650 SH   SOLE   20,650 0 0
Total SA ADR COM 89151e109 2,257 34,400 SH   SOLE   34,400 0 0
Toyota Motor Corp. ADR COM 892331307 4,042 35,800 SH   SOLE   35,800 0 0
Transcanada Pipelines Ltd COM 89353d107 1,759 38,650 SH   SOLE   38,650 0 0
Transocean Ltd COM H8817H100 1,539 37,238 SH   SOLE   37,238 0 0
Tupperware Brands Corp COM 899896104 2,731 32,600 SH   SOLE   32,600 0 0
Twenty-First Century Fox Inc COM 90130a101 3,978 124,425 SH   SOLE   124,425 0 0
U.S. Bancorp COM 902973304 11,830 276,017 SH   SOLE   276,017 0 0
UBS AG ADR COM H89231338 618 29,850 SH   SOLE   29,850 0 0
Unilever PLC ADR COM 904767704 1,567 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 5,452 29,050 SH   SOLE   29,050 0 0
United Health Group Inc. COM 91324P102 9,714 118,475 SH   SOLE   118,475 0 0
United Parcel Services Cl B COM 911312106 10,035 103,050 SH   SOLE   103,050 0 0
United Technologies COM 913017109 11,906 101,900 SH   SOLE   101,900 0 0
Varian Medical Systems Inc COM 92220P105 5,396 64,250 SH   SOLE   64,250 0 0
Verizon Communications Inc COM 92343v104 14,475 304,290 SH   SOLE   304,290 0 0
Vodafone Group PLC ADR COM 92857w308 1,156 31,402 SH   SOLE   31,402 0 0
Volvo AB ADR COM 928856400 347 21,875 SH   SOLE   21,875 0 0
Vulcan Materials COM 929160109 1,788 26,900 SH   SOLE   26,900 0 0
Waddell & Reed Financial, Inc. COM 930059100 1,524 20,700 SH   SOLE   20,700 0 0
Wal-Mart COM 931142103 12,412 162,400 SH   SOLE   162,400 0 0
Walgreen Co. COM 931422109 8,553 129,525 SH   SOLE   129,525 0 0
Walt Disney Co. COM 254687106 21,691 270,900 SH   SOLE   270,900 0 0
Weingarten Realty Investors COM 948741103 875 29,150 SH   SOLE   29,150 0 0
WellPoint, Inc. COM 94973V107 6,879 69,100 SH   SOLE   69,100 0 0
Wells Fargo Co. COM 949746101 17,876 359,393 SH   SOLE   359,393 0 0
Western Gas Partners COM 958254104 659 9,950 SH   SOLE   9,950 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 4,873 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 2,707 66,700 SH   SOLE   66,700 0 0
Windstream Holdings Inc COM 97382a101 3,590 435,663 SH   SOLE   435,663 0 0
Wisconsin Energy Corp. COM 976657106 4,206 90,350 SH   SOLE   90,350 0 0
WPP PLC ADR COM 92937a102 577 5,600 SH   SOLE   5,600 0 0
Zoetis COM 98978v103 2,491 86,075 SH   SOLE   86,075 0 0
Kinder Morgan Inc Del Warrant COM 49456b119 82 46,088 SH   SOLE   46,088 0 0
Wisdomtree Emerging Markets Eq COM 97717w315 7,742 157,775 SH   SOLE   157,775 0 0