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 912 34,350 SH   SOLE   34,350 0 0
Abbott Labs. COM 002824100 5,374 140,200 SH   SOLE   140,200 0 0
Abbvie Inc COM 00287y109 8,714 165,000 SH   SOLE   165,000 0 0
Activision Blizzard Inc COM 00507v109 5,995 336,225 SH   SOLE   336,225 0 0
Adobe Systems COM 00724f101 6,705 111,969 SH   SOLE   111,969 0 0
Aecom Technology Corp COM 00766T100 2,788 94,725 SH   SOLE   94,725 0 0
Aegon NV ADR COM 007924103 106 11,200 SH   SOLE   11,200 0 0
Air Products & Chemicals, Inc. COM 009158106 2,945 26,350 SH   SOLE   26,350 0 0
Akamai Technologies Inc. COM 00971t101 4,952 104,950 SH   SOLE   104,950 0 0
Alcatel-Lucent ADR COM 013904305 88 19,900 SH   SOLE   19,900 0 0
Allegheny Technologies Inc. COM 01741r102 3,216 90,250 SH   SOLE   90,250 0 0
Allergan, Inc. COM 018490102 5,484 49,370 SH   SOLE   49,370 0 0
AllianceBernstein Holding LP COM 01881G106 250 11,700 SH   SOLE   11,700 0 0
Altria Group, Inc. COM 02209s103 12,848 334,675 SH   SOLE   334,675 0 0
Ambev SA COM 02319v103 854 116,250 SH   SOLE   116,250 0 0
Amdocs Ltd COM G02602103 3,358 81,425 SH   SOLE   81,425 0 0
America Movil SA de CV ADR COM 02364w105 696 29,800 SH   SOLE   29,800 0 0
American Express COM 025816109 12,187 134,325 SH   SOLE   134,325 0 0
American States Water Co COM 029899101 948 33,000 SH   SOLE   33,000 0 0
Anadarko Petroleum Corp. COM 032511107 7,462 94,075 SH   SOLE   94,075 0 0
Anheuser-Busch COM 03524a108 8,666 81,400 SH   SOLE   81,400 0 0
Apple Inc COM 037833100 35,358 63,025 SH   SOLE   63,025 0 0
Applied Materials Inc. COM 038222105 332 18,775 SH   SOLE   18,775 0 0
Ares Capital Corp COM 04010L103 1,089 61,275 SH   SOLE   61,275 0 0
Arthur J. Gallagher & Co. COM 363576109 6,354 135,400 SH   SOLE   135,400 0 0
AstraZeneca Group PLC ADR COM 046353108 782 13,175 SH   SOLE   13,175 0 0
AT&T Inc. COM 00206R102 15,173 431,528 SH   SOLE   431,528 0 0
Atmos Energy Corp. COM 049560105 2,264 49,850 SH   SOLE   49,850 0 0
AXA SA COM 054536107 732 26,300 SH   SOLE   26,300 0 0
Baker Hughes COM 057224107 5,446 98,550 SH   SOLE   98,550 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 1,324 106,836 SH   SOLE   106,836 0 0
Banco Santander Central Hispan COM 05964h105 583 64,300 SH   SOLE   64,300 0 0
Bank of New York Mellon Corp. COM 064058100 8,777 251,207 SH   SOLE   251,207 0 0
Barclays PLC ADR COM 06738e204 689 38,000 SH   SOLE   38,000 0 0
BASF SE ADR COM 055262505 1,543 14,450 SH   SOLE   14,450 0 0
Baxter International, Inc. COM 071813109 2,970 42,700 SH   SOLE   42,700 0 0
BB&T Corporation COM 054937107 3,564 95,500 SH   SOLE   95,500 0 0
Bed Bath & Beyond Inc. COM 075896100 7,681 95,650 SH   SOLE   95,650 0 0
BG Group Plc ADR COM 055434203 1,719 80,000 SH   SOLE   80,000 0 0
BHP Billiton Ltd. ADR COM 088606108 1,533 22,475 SH   SOLE   22,475 0 0
Blackstone Group LP COM 09253u108 5,747 182,450 SH   SOLE   182,450 0 0
Block H&R COM 093671105 7,365 253,625 SH   SOLE   253,625 0 0
Boardwalk Pipeline Partners L. COM 096627104 1,947 76,300 SH   SOLE   76,300 0 0
Boeing Company COM 097023105 17,989 131,800 SH   SOLE   131,800 0 0
Boston Properties Inc COM 101121101 1,214 12,100 SH   SOLE   12,100 0 0
Boston Scientific COM 101137107 159 13,200 SH   SOLE   13,200 0 0
BP plc ADR COM 055622104 4,042 83,150 SH   SOLE   83,150 0 0
BRE Properties COM 05564E106 3,699 67,615 SH   SOLE   67,615 0 0
British American Tob SP ADR COM 110448107 1,313 12,225 SH   SOLE   12,225 0 0
Broadcom Corp COM 111320107 3,326 112,200 SH   SOLE   112,200 0 0
BT Group PLC ADR COM 05577e101 1,168 18,500 SH   SOLE   18,500 0 0
California Water Service Group COM 130788102 628 27,200 SH   SOLE   27,200 0 0
Calpine Corp COM 131347304 3,100 158,875 SH   SOLE   158,875 0 0
Cameron International Corp COM 13342B105 4,631 77,800 SH   SOLE   77,800 0 0
Canon Inc. ADR COM 138006309 790 24,675 SH   SOLE   24,675 0 0
Capital One Financial COM 14040H105 6,410 83,675 SH   SOLE   83,675 0 0
Carefusion Corp. COM 14170T101 3,650 91,675 SH   SOLE   91,675 0 0
Carrizo Oil & Gas Inc COM 144577103 3,481 77,750 SH   SOLE   77,750 0 0
Caterpillar Inc. COM 149123101 4,264 46,950 SH   SOLE   46,950 0 0
CBS Corp. COM 124857202 7,222 113,300 SH   SOLE   113,300 0 0
Celanese Corp COM 150870103 2,124 38,400 SH   SOLE   38,400 0 0
Celgene Corp. COM 151020104 18,646 110,355 SH   SOLE   110,355 0 0
Cemex SAB de CV ADR COM 151290889 196 16,596 SH   SOLE   16,596 0 0
CenturyLink Inc. COM 156700106 1,313 41,223 SH   SOLE   41,223 0 0
Charles Schwab Corp. COM 808513105 7,410 285,000 SH   SOLE   285,000 0 0
Chesapeake Energy Corp COM 165167107 3,397 125,150 SH   SOLE   125,150 0 0
Cheung Kong Limited ADR COM 166744201 647 41,000 SH   SOLE   41,000 0 0
Chevron Corp. COM 166764100 24,412 195,436 SH   SOLE   195,436 0 0
Church & Dwight Co. COM 171340102 6,403 96,600 SH   SOLE   96,600 0 0
Cincinnati Financial COM 172062101 759 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243v102 2,750 82,500 SH   SOLE   82,500 0 0
Cisco Systems COM 17275R102 12,352 550,700 SH   SOLE   550,700 0 0
CIT Group COM 125581801 1,866 35,800 SH   SOLE   35,800 0 0
Citrix Systems Inc COM 177376100 4,559 72,075 SH   SOLE   72,075 0 0
Cliffs Natural Resources Inc COM 18683k101 2,132 81,325 SH   SOLE   81,325 0 0
CMS Energy Corp. COM 125896100 3,844 143,575 SH   SOLE   143,575 0 0
Coca-Cola COM 191216100 1,004 24,300 SH   SOLE   24,300 0 0
Cognizant Tech Solutions Corp. COM 192446102 3,946 39,075 SH   SOLE   39,075 0 0
Columbia Sportswear Co COM 198516106 3,170 40,250 SH   SOLE   40,250 0 0
Comerica, Inc. COM 200340107 998 21,000 SH   SOLE   21,000 0 0
Companhia Vale do Rio Doce ADR COM 91912e105 216 14,150 SH   SOLE   14,150 0 0
Consolidated Edison COM 209115104 1,256 22,713 SH   SOLE   22,713 0 0
Constellation Brands COM 21036p108 4,960 70,475 SH   SOLE   70,475 0 0
Continental Resources Inc COM 212015101 4,987 44,325 SH   SOLE   44,325 0 0
Cooper Tire & Rubber Co. COM 216831107 601 25,000 SH   SOLE   25,000 0 0
Corning Inc. COM 219350105 4,831 271,075 SH   SOLE   271,075 0 0
Costco Co. COM 22160k105 5,055 42,475 SH   SOLE   42,475 0 0
Covidien PLC COM G2554f113 5,477 80,425 SH   SOLE   80,425 0 0
CTRIP.COM International COM 22943F100 278 5,600 SH   SOLE   5,600 0 0
Cummins Inc COM 231021106 5,466 38,775 SH   SOLE   38,775 0 0
CVS Caremark Corp. COM 126650100 11,280 157,604 SH   SOLE   157,604 0 0
Daimler AG ADR COM D1668R123 1,408 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 12,649 163,850 SH   SOLE   163,850 0 0
Danone ADR COM 23636t100 533 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 7,620 140,150 SH   SOLE   140,150 0 0
Davita Healthcare Partners Inc COM 23918K108 6,017 94,950 SH   SOLE   94,950 0 0
DCP Midstream Partners LP COM 23311p100 1,853 36,800 SH   SOLE   36,800 0 0
DDR Corp COM 23317h102 265 17,221 SH   SOLE   17,221 0 0
Deutsche Bank ADR COM D18190898 468 9,700 SH   SOLE   9,700 0 0
Deutsche Telekom AG ADR COM 251566105 1,154 67,400 SH   SOLE   67,400 0 0
Diageo PLC ADR COM 25243q205 1,500 11,325 SH   SOLE   11,325 0 0
Diamond Offshore Drilling COM 25271c102 1,459 25,625 SH   SOLE   25,625 0 0
Diebold Inc COM 253651103 1,264 38,300 SH   SOLE   38,300 0 0
Digital Realty COM 253868103 1,189 24,200 SH   SOLE   24,200 0 0
DirectTV COM 25490a309 6,345 91,875 SH   SOLE   91,875 0 0
Dollar General COM 256677105 4,399 72,925 SH   SOLE   72,925 0 0
Dominion Resources COM 25746u109 3,608 55,775 SH   SOLE   55,775 0 0
Donnelley (R.R.) & Sons COM 257867101 546 26,900 SH   SOLE   26,900 0 0
Dr. Pepper Snapple Group, Inc COM 26138e109 269 5,520 SH   SOLE   5,520 0 0
Du Pont (E.I.) De Nemours & Co COM 263534109 12,610 194,096 SH   SOLE   194,096 0 0
Duke Energy Corp. COM 26441C204 6,566 95,146 SH   SOLE   95,146 0 0
Duke Realty Corp. COM 264411505 1,185 78,800 SH   SOLE   78,800 0 0
eBay Inc. COM 278642103 5,864 106,875 SH   SOLE   106,875 0 0
Embraer SA COM 29082a107 206 6,400 SH   SOLE   6,400 0 0
EMC Corp. COM 268648102 2,817 112,018 SH   SOLE   112,018 0 0
Enbridge Energy Partners LP COM 29250r106 2,984 99,900 SH   SOLE   99,900 0 0
Endo Health Solutions Inc COM 29264F205 7,728 114,550 SH   SOLE   114,550 0 0
Energizer Holdings Inc COM 29266R108 7,060 65,225 SH   SOLE   65,225 0 0
ENI SPA ADR COM 26874r108 1,165 24,025 SH   SOLE   24,025 0 0
Enterprise Products Partners L COM 293792107 2,765 41,700 SH   SOLE   41,700 0 0
EOG Resources COM 26875p101 7,347 43,775 SH   SOLE   43,775 0 0
Equity Residential Properties COM 29476l107 2,661 51,300 SH   SOLE   51,300 0 0
Ericsson COM 294821608 1,263 103,200 SH   SOLE   103,200 0 0
Ethan Allen Interiors Inc. COM 297602104 301 9,900 SH   SOLE   9,900 0 0
Exelon Corp. COM 30161n101 977 35,675 SH   SOLE   35,675 0 0
Express COM 30219e103 2,377 127,325 SH   SOLE   127,325 0 0
Express Scripts Holding Compan COM 30219g108 5,567 79,250 SH   SOLE   79,250 0 0
Exxon Mobil Corp. COM 30231g102 37,646 372,000 SH   SOLE   372,000 0 0
F5 Networks Inc. COM 315616102 3,135 34,500 SH   SOLE   34,500 0 0
Fedex Corp. COM 31428x106 4,640 32,275 SH   SOLE   32,275 0 0
Fifth Street Finance Corp COM 31678a103 955 103,250 SH   SOLE   103,250 0 0
Fifth Third Bancorp COM 316773100 3,794 180,400 SH   SOLE   180,400 0 0
Finisar Corp COM 31787a507 3,464 144,800 SH   SOLE   144,800 0 0
Flowserve Corp. COM 34354P105 9,732 123,450 SH   SOLE   123,450 0 0
FMC Technologies Inc COM 30249U101 4,955 94,900 SH   SOLE   94,900 0 0
Fomento Economico Mexicana-SP COM 344419106 700 7,150 SH   SOLE   7,150 0 0
Freeport-McMoRan Copper & Gold COM 35671d857 5,930 157,125 SH   SOLE   157,125 0 0
Frontier Communications Corp COM 35906a108 648 139,428 SH   SOLE   139,428 0 0
General Electric Co. COM 369604103 28,153 1,004,400 SH   SOLE   1,004,400 0 0
General Growth Properties COM 370023103 368 18,331 SH   SOLE   18,331 0 0
Genuine Parts Co. COM 372460105 2,620 31,500 SH   SOLE   31,500 0 0
Gilead Science Inc COM 375558103 19,941 265,525 SH   SOLE   265,525 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,949 36,500 SH   SOLE   36,500 0 0
Goldman Sachs Group COM 38141g104 10,467 59,050 SH   SOLE   59,050 0 0
Goodyear Tire & Rubber Company COM 382550101 5,406 226,675 SH   SOLE   226,675 0 0
Google Inc. Cl A COM 38259P508 28,550 25,475 SH   SOLE   25,475 0 0
Grifols SA COM 398438408 391 10,825 SH   SOLE   10,825 0 0
Grupo Televisa SA ADR COM 40049j206 331 10,925 SH   SOLE   10,925 0 0
Halliburton Co. COM 406216101 7,733 152,375 SH   SOLE   152,375 0 0
Harman International Industrie COM 413086109 917 11,200 SH   SOLE   11,200 0 0
HCP Inc COM 40414L109 2,297 63,250 SH   SOLE   63,250 0 0
Health Care REIT, Inc. COM 42217k106 1,572 29,350 SH   SOLE   29,350 0 0
Hellenic Telecom Organization COM 423325307 293 44,000 SH   SOLE   44,000 0 0
Hess Corporation COM 42809h107 4,559 54,925 SH   SOLE   54,925 0 0
Hitachi Ltd. ADR COM 433578507 719 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 4,015 179,650 SH   SOLE   179,650 0 0
Home Depot, Inc. COM 437076102 15,636 189,900 SH   SOLE   189,900 0 0
Home Properties Inc COM 437306103 964 17,975 SH   SOLE   17,975 0 0
Honda Motor Co Ltd. ADR COM 438128308 2,154 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 10,731 117,450 SH   SOLE   117,450 0 0
HSBC Holdings ADR COM 404280406 788 14,300 SH   SOLE   14,300 0 0
Hunt (J.B.) Transport COM 445658107 1,183 15,300 SH   SOLE   15,300 0 0
Hutchison Whampoa Limited ADR COM 448415208 1,067 39,250 SH   SOLE   39,250 0 0
Icon PLC ADR COM G4705A100 299 7,400 SH   SOLE   7,400 0 0
Infineon Technologies COM 45662n103 394 36,825 SH   SOLE   36,825 0 0
Infosys Ltd COM 456788108 2,202 38,900 SH   SOLE   38,900 0 0
Ing Groep NV ADR COM 456837103 199 14,200 SH   SOLE   14,200 0 0
Ingenico COM 45684w107 297 18,475 SH   SOLE   18,475 0 0
Intel Corp. COM 458140100 14,753 568,400 SH   SOLE   568,400 0 0
International Business Machine COM 459200101 11,142 59,400 SH   SOLE   59,400 0 0
International Game Technology COM 459902102 370 20,400 SH   SOLE   20,400 0 0
Intesa Sanpaolo ADR COM 46115h107 179 12,041 SH   SOLE   12,041 0 0
Invesco Ltd COM g491bt108 7,023 192,950 SH   SOLE   192,950 0 0
Itau Unibanco Holding SA ADR COM 465562106 372 27,387 SH   SOLE   27,387 0 0
Itron, Inc. COM 465741106 1,804 43,550 SH   SOLE   43,550 0 0
Johnson & Johnson COM 478160104 20,784 226,925 SH   SOLE   226,925 0 0
Johnson Controls, Inc. COM 478366107 7,490 146,000 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 2,252 38,500 SH   SOLE   38,500 0 0
JPMorgan Chase & Co. COM 46625h100 20,229 345,907 SH   SOLE   345,907 0 0
Kamada Ltd COM m6240t109 264 17,750 SH   SOLE   17,750 0 0
KB Financial Group Inc ADR COM 48241a105 299 7,375 SH   SOLE   7,375 0 0
Kellogg Co. COM 487836108 2,247 36,800 SH   SOLE   36,800 0 0
Kennametal Inc. COM 489170100 932 17,900 SH   SOLE   17,900 0 0
Kimco Realty Corp. COM 49446r109 1,682 85,175 SH   SOLE   85,175 0 0
Kinder Morgan Inc. COM 49456b101 5,038 139,937 SH   SOLE   139,937 0 0
Kirin Holdings Co ADR COM 497350306 436 30,300 SH   SOLE   30,300 0 0
Koninklijke KPN NV ADR COM 780641205 54 16,600 SH   SOLE   16,600 0 0
Koninklijke Philips NV COM 500472303 348 9,400 SH   SOLE   9,400 0 0
Kraft Foods Group Inc. COM 50076q106 604 11,211 SH   SOLE   11,211 0 0
Kubota Corp-Spon ADR COM 501173207 403 4,875 SH   SOLE   4,875 0 0
L Brands Inc COM 501797104 6,927 112,000 SH   SOLE   112,000 0 0
Leggett & Platt COM 524660107 1,052 34,000 SH   SOLE   34,000 0 0
Lexington Realty Trust COM 529043101 631 61,755 SH   SOLE   61,755 0 0
Liberty Property Trust COM 531172104 2,069 61,100 SH   SOLE   61,100 0 0
Lilly (Eli) & Co. COM 532457108 9,119 178,800 SH   SOLE   178,800 0 0
Linear Technology Corp. COM 535678106 1,924 42,250 SH   SOLE   42,250 0 0
Logitech International SA COM H50430232 575 42,020 SH   SOLE   42,020 0 0
Lorillard Inc. COM 544147101 2,975 58,700 SH   SOLE   58,700 0 0
Lowe's Co. COM 548661107 11,947 241,100 SH   SOLE   241,100 0 0
Luxottica Group SPA ADR COM 55068r202 388 7,200 SH   SOLE   7,200 0 0
Macerich Co. COM 554382101 1,279 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 525 10,050 SH   SOLE   10,050 0 0
Marsh & McLennan Companies, In COM 571748102 12,177 251,800 SH   SOLE   251,800 0 0
Mattel Inc. COM 577081102 8,717 183,200 SH   SOLE   183,200 0 0
Maxim Integrated Products, Inc COM 57772k101 4,343 155,675 SH   SOLE   155,675 0 0
McCormick & Co. COM 579780206 6,070 88,075 SH   SOLE   88,075 0 0
McDonald's Corp. COM 580135101 8,585 88,475 SH   SOLE   88,475 0 0
Mercadolibre Inc COM 58733r102 622 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933y105 12,953 258,800 SH   SOLE   258,800 0 0
Metlife Inc COM 59156R108 8,319 154,275 SH   SOLE   154,275 0 0
Michael Kors Holdings COM G60754101 2,649 32,625 SH   SOLE   32,625 0 0
Microsoft Corp COM 594918104 25,590 684,048 SH   SOLE   684,048 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,827 273,550 SH   SOLE   273,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 397 1,425 SH   SOLE   1,425 0 0
Molson Coors Brewing Company COM 60871r209 5,329 94,900 SH   SOLE   94,900 0 0
Mondelez International Inc COM 609207105 1,187 33,636 SH   SOLE   33,636 0 0
Monsanto Co. COM 61166w101 5,460 46,850 SH   SOLE   46,850 0 0
Morgan Stanley, Dean Witter, D COM 617446448 6,739 214,900 SH   SOLE   214,900 0 0
Mylan Inc. COM 628530107 9,188 211,700 SH   SOLE   211,700 0 0
National Fuel Gas Co. COM 636180101 643 9,000 SH   SOLE   9,000 0 0
National Oilwell Varco Inc COM 637071101 5,828 73,275 SH   SOLE   73,275 0 0
New York Community Bancorp COM 649445103 2,257 133,925 SH   SOLE   133,925 0 0
NextEra Energy Inc COM 65339f101 3,580 41,816 SH   SOLE   41,816 0 0
NICE Systems Ltd. COM 653656108 285 6,950 SH   SOLE   6,950 0 0
Nippon Telegraph & Telephone C COM 654624105 1,699 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 5,729 174,250 SH   SOLE   174,250 0 0
Norsk Hydro ASA ADR COM 656531605 89 20,000 SH   SOLE   20,000 0 0
Northrop Grumman Corp. COM 666807102 5,739 50,075 SH   SOLE   50,075 0 0
Novartis ADR COM 66987v109 2,701 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 2,291 12,400 SH   SOLE   12,400 0 0
Occidental Petroleum COM 674599105 7,461 78,450 SH   SOLE   78,450 0 0
Oracle Corp. COM 68389x105 12,310 321,745 SH   SOLE   321,745 0 0
Orange SA Adr COM 684060106 451 36,500 SH   SOLE   36,500 0 0
Owens-Illinois Inc COM 690768403 1,335 37,300 SH   SOLE   37,300 0 0
Panasonic Corp ADR COM 69832a205 801 68,800 SH   SOLE   68,800 0 0
Park National COM 700658107 272 3,200 SH   SOLE   3,200 0 0
Parker Hannifin COM 701094104 1,081 8,400 SH   SOLE   8,400 0 0
Pepco Holdings, Inc. COM 713291102 1,647 86,109 SH   SOLE   86,109 0 0
PepsiCo, Inc. COM 713448108 10,546 127,150 SH   SOLE   127,150 0 0
Petroleo Brasileiro SA ADR COM 71654v408 251 18,200 SH   SOLE   18,200 0 0
Petsmart Inc. COM 716768106 1,200 16,500 SH   SOLE   16,500 0 0
Pfizer, Inc. COM 717081103 16,988 554,624 SH   SOLE   554,624 0 0
Philip Morris International In COM 718172109 3,328 38,200 SH   SOLE   38,200 0 0
Pinnacle West Capital COM 723484101 683 12,900 SH   SOLE   12,900 0 0
Pitney Bowes Inc. COM 724479100 466 20,000 SH   SOLE   20,000 0 0
Plains All American Pipeline L COM 726503105 2,951 57,000 SH   SOLE   57,000 0 0
PNC Financial Services Group COM 693475105 12,868 165,862 SH   SOLE   165,862 0 0
Polaris Industries COM 731068102 2,330 16,000 SH   SOLE   16,000 0 0
Portugal Telecom SGPS SA ADR COM 737273102 47 10,800 SH   SOLE   10,800 0 0
Potash Corp of Saskatchewan In COM 73755L107 906 27,500 SH   SOLE   27,500 0 0
PPG Industries, Inc. COM 693506107 915 4,825 SH   SOLE   4,825 0 0
PPL Corp. COM 69351t106 2,191 72,800 SH   SOLE   72,800 0 0
Praxair, Inc. COM 74005P104 4,727 36,350 SH   SOLE   36,350 0 0
Principal Financial Group COM 74251V102 10,153 205,900 SH   SOLE   205,900 0 0
Procter & Gamble, Inc. COM 742718109 22,640 278,100 SH   SOLE   278,100 0 0
Prospect Capital Corp COM 74348t102 1,053 93,825 SH   SOLE   93,825 0 0
Prudential Financial, Inc. COM 744320102 16,510 179,025 SH   SOLE   179,025 0 0
Public Service Enterprise Grou COM 744573106 1,237 38,600 SH   SOLE   38,600 0 0
Qualcomm Inc. COM 747525103 14,980 201,750 SH   SOLE   201,750 0 0
Quest Diagnostics Inc COM 74834L100 584 10,900 SH   SOLE   10,900 0 0
Regal Entertainment Group - A COM 758766109 3,488 179,325 SH   SOLE   179,325 0 0
Regions Financial Corp. COM 7591EP100 184 18,610 SH   SOLE   18,610 0 0
Repsol SA COM 76026T205 295 11,700 SH   SOLE   11,700 0 0
Reynolds American Inc. COM 761713106 1,660 33,200 SH   SOLE   33,200 0 0
Rio Tinto Plc ADR COM 767204100 824 14,600 SH   SOLE   14,600 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 1,026 14,650 SH   SOLE   14,650 0 0
Rockwell Collins Inc. COM 774341101 6,934 93,800 SH   SOLE   93,800 0 0
Royal Dutch Shell PLC COM 780259206 2,847 39,950 SH   SOLE   39,950 0 0
Ryder Systems, Inc. COM 783549108 620 8,400 SH   SOLE   8,400 0 0
Sandisk Corp. COM 80004c101 2,614 37,050 SH   SOLE   37,050 0 0
Sanofi COM 80105n105 2,113 39,400 SH   SOLE   39,400 0 0
Santos Limited ADR COM 803021708 586 44,800 SH   SOLE   44,800 0 0
SAP ADR COM 803054204 1,813 20,800 SH   SOLE   20,800 0 0
Scana Corp COM 80589M102 1,060 22,596 SH   SOLE   22,596 0 0
Schlumberger Ltd. COM 806857108 11,926 132,350 SH   SOLE   132,350 0 0
Seadrill Ltd COM G7945e105 2,793 68,000 SH   SOLE   68,000 0 0
Sealed Air Corp. COM 81211k100 2,777 81,550 SH   SOLE   81,550 0 0
Sensata Technologies Holding COM N7902X106 480 12,375 SH   SOLE   12,375 0 0
Servicenow Inc COM 81762p102 3,664 65,425 SH   SOLE   65,425 0 0
Shinhan Financial Grp ADR COM 824596100 430 9,400 SH   SOLE   9,400 0 0
Ship Finance Intl Ltd COM g81075106 1,142 69,700 SH   SOLE   69,700 0 0
Simon Property Group, Inc. COM 828806109 2,020 13,277 SH   SOLE   13,277 0 0
Singapore Telecom-SP ADR COM 82929R304 975 33,630 SH   SOLE   33,630 0 0
Sony Corp. ADR COM 835699307 484 28,000 SH   SOLE   28,000 0 0
Southern Co. COM 842587107 4,202 102,211 SH   SOLE   102,211 0 0
Spectra Energy Corp COM 847560109 2,819 79,150 SH   SOLE   79,150 0 0
Starbucks Corp. COM 855244109 4,339 55,350 SH   SOLE   55,350 0 0
Starwood Hotels & Resorts Inc. COM 85590A401 7,754 97,600 SH   SOLE   97,600 0 0
State Street Corp. COM 857477103 8,042 109,575 SH   SOLE   109,575 0 0
Statoil ASA ADR COM 85771P102 416 17,242 SH   SOLE   17,242 0 0
Subsea 7 Sa COM 864323100 527 27,550 SH   SOLE   27,550 0 0
Swisscom AG ADR COM 871013108 402 7,600 SH   SOLE   7,600 0 0
Symantec Corp. COM 871503108 2,855 121,063 SH   SOLE   121,063 0 0
Syngenta AG ADR COM 87160a100 691 8,650 SH   SOLE   8,650 0 0
Synopsys Inc. COM 871607107 807 19,900 SH   SOLE   19,900 0 0
Syntel, Inc. COM 87162H103 653 7,175 SH   SOLE   7,175 0 0
Taiwan Semiconductor Manufactu COM 874039100 1,018 58,386 SH   SOLE   58,386 0 0
Target Corp. COM 87612e106 10,476 165,575 SH   SOLE   165,575 0 0
Telecom Italia ADR COM 87927y102 211 21,140 SH   SOLE   21,140 0 0
Telefonica SA ADR COM 879382208 799 48,883 SH   SOLE   48,883 0 0
Telenor ASA COM 87944W105 644 9,000 SH   SOLE   9,000 0 0
Tenaris SA-ADR COM 88031M109 258 5,900 SH   SOLE   5,900 0 0
Teradata Corp COM 88076w103 2,077 45,650 SH   SOLE   45,650 0 0
Tessera Technologies Inc. COM 88164L100 2,899 147,100 SH   SOLE   147,100 0 0
Teva Pharmaceutical Industries COM 881624209 654 16,325 SH   SOLE   16,325 0 0
Texas Instruments COM 882508104 8,479 193,100 SH   SOLE   193,100 0 0
The Travelers Companies, Inc. COM 89417E109 14,554 160,751 SH   SOLE   160,751 0 0
Thermo Fisher Scientific Inc COM 883556102 7,344 65,950 SH   SOLE   65,950 0 0
Tibco Software COM 88632Q103 490 21,800 SH   SOLE   21,800 0 0
Tiffany & Co. COM 886547108 4,117 44,375 SH   SOLE   44,375 0 0
Timken Co COM 887389104 942 17,100 SH   SOLE   17,100 0 0
Tokio Marine Holdings Inc ADR COM 889094108 811 24,250 SH   SOLE   24,250 0 0
Tornier NV COM n87237108 388 20,650 SH   SOLE   20,650 0 0
Total SA ADR COM 89151e109 2,108 34,400 SH   SOLE   34,400 0 0
Toyota Motor Corp. ADR COM 892331307 4,365 35,800 SH   SOLE   35,800 0 0
Transcanada Pipelines Ltd COM 89353d107 1,765 38,650 SH   SOLE   38,650 0 0
Transocean Ltd COM H8817H100 1,840 37,238 SH   SOLE   37,238 0 0
Tupperware Brands Corp COM 899896104 3,082 32,600 SH   SOLE   32,600 0 0
Twenty-First Century Fox Inc COM 90130a101 4,376 124,425 SH   SOLE   124,425 0 0
U.S. Bancorp COM 902973304 11,151 276,017 SH   SOLE   276,017 0 0
UBS AG COM H89231338 575 29,850 SH   SOLE   29,850 0 0
Unilever PLC ADR COM 904767704 1,510 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 4,880 29,050 SH   SOLE   29,050 0 0
United Health Group Inc. COM 91324P102 8,921 118,475 SH   SOLE   118,475 0 0
United Parcel Services Cl B COM 911312106 10,828 103,050 SH   SOLE   103,050 0 0
United Technologies COM 913017109 11,596 101,900 SH   SOLE   101,900 0 0
Varian Medical Systems Inc COM 92220P105 4,992 64,250 SH   SOLE   64,250 0 0
Verizon Communications Inc. COM 92343v104 14,209 289,150 SH   SOLE   289,150 0 0
Vodafone Group PLC ADR COM 92857w209 2,263 57,574 SH   SOLE   57,574 0 0
Volvo AB ADR COM 928856400 288 21,875 SH   SOLE   21,875 0 0
Vulcan Materials COM 929160109 1,598 26,900 SH   SOLE   26,900 0 0
Waddell & Reed Financial, Inc. COM 930059100 1,348 20,700 SH   SOLE   20,700 0 0
Wal-Mart COM 931142103 12,779 162,400 SH   SOLE   162,400 0 0
Walgreen Co. COM 931422109 7,440 129,525 SH   SOLE   129,525 0 0
Walt Disney Co. COM 254687106 20,697 270,900 SH   SOLE   270,900 0 0
Weingarten Realty Investors COM 948741103 799 29,150 SH   SOLE   29,150 0 0
WellPoint, Inc. COM 94973V107 6,384 69,100 SH   SOLE   69,100 0 0
Wells Fargo Co. COM 949746101 16,316 359,393 SH   SOLE   359,393 0 0
Western Gas Partners COM 958254104 614 9,950 SH   SOLE   9,950 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 4,416 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 2,573 66,700 SH   SOLE   66,700 0 0
Windstream Holdings Inc COM 97382a101 3,477 435,663 SH   SOLE   435,663 0 0
Wisconsin Energy Corp. COM 976657106 3,735 90,350 SH   SOLE   90,350 0 0
WPP PLC ADR COM 92937a102 643 5,600 SH   SOLE   5,600 0 0
Xerox Corp. COM 984121103 3,941 323,850 SH   SOLE   323,850 0 0
Zoetis COM 98978v103 2,814 86,075 SH   SOLE   86,075 0 0
Kinder Morgan Inc Del Warrant COM 49456b119 187 46,088 SH   SOLE   46,088 0 0
Wisdomtree Emerging Markets Eq COM 97717w315 8,051 157,775 SH   SOLE   157,775 0 0
Sanofi RTS COM 80105n113 5 16,100 SH   SOLE   16,100 0 0