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
8x8 Inc COM 282914100 3,993 261,850 SH   SOLE   261,850 0 0
ABB Ltd-Spon ADR COM 000375204 804 34,350 SH   SOLE   34,350 0 0
Abbott Labs COM 002824100 6,204 139,690 SH   SOLE   139,690 0 0
Abbvie Inc COM 00287y109 10,718 164,490 SH   SOLE   164,490 0 0
Accenture PLC CL A COM g1151c101 5,066 42,260 SH   SOLE   42,260 0 0
Activision Blizzard Inc COM 00507v109 4,680 93,855 SH   SOLE   93,855 0 0
Adobe Systems COM 00724f101 10,183 78,254 SH   SOLE   78,254 0 0
Agrium Inc COM 008916108 3,769 39,450 SH   SOLE   39,450 0 0
Air Products & Chemicals, Inc. COM 009158106 3,552 26,255 SH   SOLE   26,255 0 0
Akamai Technologies Inc. COM 00971t101 6,006 100,600 SH   SOLE   100,600 0 0
Alcentra Capital Corp COM 01374t102 650 47,331 SH   SOLE   47,331 0 0
Alibaba Group Holdings COM 01609w102 4,427 41,060 SH   SOLE   41,060 0 0
Allergan PLC COM g0177j108 5,992 25,080 SH   SOLE   25,080 0 0
AllianceBernstein Holding LP COM 01881G106 224 9,800 SH   SOLE   9,800 0 0
Allstate Corp COM 020002101 3,253 39,925 SH   SOLE   39,925 0 0
Ally Financial Inc COM 02005n100 319 15,675 SH   SOLE   15,675 0 0
Alphabet Inc Class A COM 02079k305 21,534 25,400 SH   SOLE   25,400 0 0
Alphabet Inc Class C COM 02079k107 21,126 25,467 SH   SOLE   25,467 0 0
Altria Group, Inc. COM 02209s103 23,406 327,725 SH   SOLE   327,725 0 0
Amazon.com, Inc. COM 023135106 16,414 18,515 SH   SOLE   18,515 0 0
Ambev SA ADR COM 02319v103 670 116,250 SH   SOLE   116,250 0 0
Amdocs Ltd COM G02602103 868 14,225 SH   SOLE   14,225 0 0
America Movil SA de CV ADR COM 02364w105 383 27,050 SH   SOLE   27,050 0 0
American Campus Communities COM 024835100 3,108 65,300 SH   SOLE   65,300 0 0
American Electric Power COM 025537101 4,371 65,115 SH   SOLE   65,115 0 0
American Express COM 025816109 10,326 130,525 SH   SOLE   130,525 0 0
American States Water Co COM 029899101 1,462 33,000 SH   SOLE   33,000 0 0
Anadarko Petroleum Corp. COM 032511107 4,972 80,200 SH   SOLE   80,200 0 0
Anheuser-Busch COM 03524a108 8,909 81,170 SH   SOLE   81,170 0 0
Anthem Inc COM 036752103 11,405 68,960 SH   SOLE   68,960 0 0
Apache Corp COM 037411105 3,037 59,090 SH   SOLE   59,090 0 0
Apollo Global Management LLC COM 037612306 710 29,200 SH   SOLE   29,200 0 0
Apple Inc COM 037833100 63,814 444,205 SH   SOLE   444,205 0 0
Ares Capital Corp COM 04010L103 282 16,200 SH   SOLE   16,200 0 0
Arthur J. Gallagher & Co. COM 363576109 7,647 135,250 SH   SOLE   135,250 0 0
AstraZeneca Group PLC ADR COM 046353108 821 26,350 SH   SOLE   26,350 0 0
AT&T Inc. COM 00206R102 22,376 538,528 SH   SOLE   538,528 0 0
Atmos Energy Corp. COM 049560105 1,089 13,781 SH   SOLE   13,781 0 0
AXA SA ADR COM 054536107 682 26,300 SH   SOLE   26,300 0 0
Baidu.com COM 056752108 522 3,025 SH   SOLE   3,025 0 0
Baker Hughes COM 057224107 754 12,597 SH   SOLE   12,597 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 804 105,716 SH   SOLE   105,716 0 0
Banco de Chile ADR COM 059520106 343 4,751 SH   SOLE   4,751 0 0
Banco Santander Central Hispan COM 05964h105 355 58,500 SH   SOLE   58,500 0 0
Bank of New York Mellon Corp. COM 064058100 11,838 250,647 SH   SOLE   250,647 0 0
Barclays PLC ADR COM 06738e204 389 34,600 SH   SOLE   34,600 0 0
BASF SE ADR COM 055262505 1,436 14,450 SH   SOLE   14,450 0 0
BB&T Corporation COM 054937107 4,255 95,190 SH   SOLE   95,190 0 0
Becton Dickinson and Co COM 075887109 1,301 7,091 SH   SOLE   7,091 0 0
BHP Billiton Ltd. ADR COM 088606108 816 22,475 SH   SOLE   22,475 0 0
Biomarin Pharmaceutical Inc COM 09061g101 2,466 28,095 SH   SOLE   28,095 0 0
Blackstone Group LP COM 09253u108 5,380 181,129 SH   SOLE   181,129 0 0
Bloomin Brands Inc COM 094235108 3,656 185,325 SH   SOLE   185,325 0 0
Boeing Company COM 097023105 23,248 131,450 SH   SOLE   131,450 0 0
Boston Properties Inc COM 101121101 1,356 10,240 SH   SOLE   10,240 0 0
BP plc ADR COM 055622104 2,870 83,150 SH   SOLE   83,150 0 0
British American Tob SP ADR COM 110448107 1,622 24,450 SH   SOLE   24,450 0 0
Broadcom Ltd COM y09827109 6,506 29,713 SH   SOLE   29,713 0 0
Cal Maine Foods Inc COM 128030202 241 6,550 SH   SOLE   6,550 0 0
Calpine Corp COM 131347304 164 14,850 SH   SOLE   14,850 0 0
Canadian Solar Inc COM 136635109 163 13,325 SH   SOLE   13,325 0 0
Capital One Financial COM 14040H105 7,251 83,675 SH   SOLE   83,675 0 0
Care Capital Properties Inc COM 141624106 706 26,275 SH   SOLE   26,275 0 0
Carrizo Oil & Gas Inc COM 144577103 2,219 77,410 SH   SOLE   77,410 0 0
Caterpillar Inc. COM 149123101 4,340 46,785 SH   SOLE   46,785 0 0
CBS Corp. COM 124857202 7,835 112,960 SH   SOLE   112,960 0 0
Celgene Corp. COM 151020104 27,393 220,145 SH   SOLE   220,145 0 0
Cemex SAB de CV ADR COM 151290889 153 16,816 SH   SOLE   16,816 0 0
Charles Schwab Corp. COM 808513105 11,606 284,400 SH   SOLE   284,400 0 0
Chart Industries Inc COM 16115q308 2,504 71,680 SH   SOLE   71,680 0 0
Chesapeake Energy Corp COM 165167107 68 11,400 SH   SOLE   11,400 0 0
Chevron Corp. COM 166764100 18,204 169,545 SH   SOLE   169,545 0 0
Church & Dwight Co. COM 171340102 9,603 192,560 SH   SOLE   192,560 0 0
Cincinnati Financial COM 172062101 1,048 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243v102 3,619 81,610 SH   SOLE   81,610 0 0
Cisco Systems COM 17275R102 18,575 549,550 SH   SOLE   549,550 0 0
Citigroup Inc. COM 172967424 11,393 190,455 SH   SOLE   190,455 0 0
CK Hutchison Holdings Limited COM 12562y100 1,167 94,694 SH   SOLE   94,694 0 0
CMS Energy Corp. COM 125896100 6,406 143,185 SH   SOLE   143,185 0 0
Coca-Cola COM 191216100 1,031 24,300 SH   SOLE   24,300 0 0
Cogent Communications Holding COM 19239v302 5,866 136,255 SH   SOLE   136,255 0 0
Cognizant Tech Solutions Corp. COM 192446102 4,419 74,242 SH   SOLE   74,242 0 0
Columbia Sportswear Co COM 198516106 4,712 80,200 SH   SOLE   80,200 0 0
Comerica, Inc. COM 200340107 1,303 19,000 SH   SOLE   19,000 0 0
Constellation Brands COM 21036p108 11,381 70,225 SH   SOLE   70,225 0 0
Continental Resources Inc COM 212015101 4,013 88,355 SH   SOLE   88,355 0 0
Cooper Tire & Rubber Co. COM 216831107 976 22,000 SH   SOLE   22,000 0 0
Corning Inc. COM 219350105 7,080 262,230 SH   SOLE   262,230 0 0
Costco Co. COM 22160k105 7,097 42,320 SH   SOLE   42,320 0 0
Covanta Holding Corp COM 22282e102 484 30,825 SH   SOLE   30,825 0 0
Cracker Barrel Old Country Sto COM 22410j106 1,553 9,750 SH   SOLE   9,750 0 0
Crown Castle International Cor COM 22822V101 6,410 67,865 SH   SOLE   67,865 0 0
CTRIP.COM International ADR COM 22943F100 550 11,200 SH   SOLE   11,200 0 0
Cummins Inc COM 231021106 5,842 38,640 SH   SOLE   38,640 0 0
CVS Health Corp COM 126650100 10,186 129,754 SH   SOLE   129,754 0 0
Daimler AG ADR COM D1668R123 1,200 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 13,988 163,550 SH   SOLE   163,550 0 0
Danone ADR COM 23636t100 505 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 11,686 139,670 SH   SOLE   139,670 0 0
Davita Inc COM 23918K108 6,447 94,850 SH   SOLE   94,850 0 0
DCP Midstream LP COM 23311p100 1,444 36,800 SH   SOLE   36,800 0 0
DDR Corp COM 23317h102 178 14,186 SH   SOLE   14,186 0 0
Dell Technologies Inc CL V COM 24703l103 797 12,432 SH   SOLE   12,432 0 0
Deutsche Post AG ADR COM 25157y202 343 10,000 SH   SOLE   10,000 0 0
Deutsche Telekom AG ADR COM 251566105 1,070 60,900 SH   SOLE   60,900 0 0
Diageo PLC ADR COM 25243q205 1,309 11,325 SH   SOLE   11,325 0 0
Digital Realty COM 253868103 2,426 22,800 SH   SOLE   22,800 0 0
Dollar General COM 256677105 5,041 72,300 SH   SOLE   72,300 0 0
Dominion Diamond Corp COM 257287102 572 45,325 SH   SOLE   45,325 0 0
Dominion Resources COM 25746u109 4,315 55,625 SH   SOLE   55,625 0 0
Dr. Pepper Snapple Group, Inc COM 26138e109 541 5,520 SH   SOLE   5,520 0 0
Du Pont (E.I.) De Nemours & Co COM 263534109 7,142 88,909 SH   SOLE   88,909 0 0
Duke Energy Corp. COM 26441C204 7,773 94,781 SH   SOLE   94,781 0 0
Duke Realty Corp. COM 264411505 1,962 74,700 SH   SOLE   74,700 0 0
Eagle Materials Inc COM 26969P108 4,222 43,465 SH   SOLE   43,465 0 0
Edison Int'l COM 281020107 3,107 39,025 SH   SOLE   39,025 0 0
Enbridge Energy Partners LP COM 29250r106 1,891 99,540 SH   SOLE   99,540 0 0
Enbridge Inc COM 29250n105 3,230 77,202 SH   SOLE   77,202 0 0
Endo International PLC COM G30401106 1,416 126,880 SH   SOLE   126,880 0 0
ENI SPA ADR COM 26874r108 736 22,475 SH   SOLE   22,475 0 0
Enterprise Products Partners L COM 293792107 2,303 83,400 SH   SOLE   83,400 0 0
EOG Resources COM 26875p101 8,511 87,250 SH   SOLE   87,250 0 0
EPAM Systems Inc COM 29414b104 3,225 42,700 SH   SOLE   42,700 0 0
EPR Properties COM 26884u109 3,319 45,080 SH   SOLE   45,080 0 0
Equity Residential Properties COM 29476l107 3,183 51,150 SH   SOLE   51,150 0 0
Essex Property Trust Inc COM 297178105 4,631 20,000 SH   SOLE   20,000 0 0
Ethan Allen Interiors Inc. COM 297602104 233 7,600 SH   SOLE   7,600 0 0
Exact Sciences Corp COM 30063P105 3,900 165,120 SH   SOLE   165,120 0 0
Expedia Inc COM 30212p303 4,474 35,460 SH   SOLE   35,460 0 0
Express COM 30219e103 128 14,000 SH   SOLE   14,000 0 0
Express Scripts Holding Compan COM 30219g108 5,075 77,000 SH   SOLE   77,000 0 0
Exxon Mobil Corp. COM 30231g102 26,926 328,329 SH   SOLE   328,329 0 0
Facebook Inc COM 30303M102 21,116 148,651 SH   SOLE   148,651 0 0
Fedex Corp. COM 31428x106 6,277 32,165 SH   SOLE   32,165 0 0
Fifth Street Finance Corp COM 31678a103 126 27,200 SH   SOLE   27,200 0 0
Fifth Third Bancorp COM 316773100 4,567 179,810 SH   SOLE   179,810 0 0
Flowserve Corp. COM 34354P105 5,959 123,075 SH   SOLE   123,075 0 0
Fomento Economico Mexicana-SP COM 344419106 633 7,150 SH   SOLE   7,150 0 0
Ford Motor Co. COM 345370860 3,325 285,695 SH   SOLE   285,695 0 0
Fortive Corp COM 34959j108 4,924 81,775 SH   SOLE   81,775 0 0
Four Corners Property Trust In COM 35086t109 1,407 61,647 SH   SOLE   61,647 0 0
Freeport-McMoRan Inc COM 35671d857 180 13,500 SH   SOLE   13,500 0 0
Frontier Communications Corp COM 35906a108 208 97,362 SH   SOLE   97,362 0 0
GameStop Corp. COM 36467w109 417 18,500 SH   SOLE   18,500 0 0
General Electric Co. COM 369604103 26,131 876,875 SH   SOLE   876,875 0 0
General Motors Inc COM 37045v100 3,920 110,870 SH   SOLE   110,870 0 0
Genuine Parts Co. COM 372460105 2,745 29,700 SH   SOLE   29,700 0 0
GGP Inc COM 36174x101 421 18,176 SH   SOLE   18,176 0 0
Gilead Science Inc COM 375558103 15,786 232,416 SH   SOLE   232,416 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,389 32,950 SH   SOLE   32,950 0 0
Goldman Sachs Group COM 38141g104 13,531 58,900 SH   SOLE   58,900 0 0
Grifols SA ADR COM 398438408 409 21,650 SH   SOLE   21,650 0 0
Grupo Televisa SA ADR COM 40049j206 283 10,925 SH   SOLE   10,925 0 0
Halliburton Co. COM 406216101 7,405 150,470 SH   SOLE   150,470 0 0
HCP Inc COM 40414L109 1,906 60,940 SH   SOLE   60,940 0 0
Hellenic Telecom Organization COM 423325307 189 40,100 SH   SOLE   40,100 0 0
Hess Corporation COM 42809h107 2,638 54,725 SH   SOLE   54,725 0 0
Hitachi Ltd. ADR COM 433578507 514 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 851 20,000 SH   SOLE   20,000 0 0
Home Depot, Inc. COM 437076102 27,804 189,360 SH   SOLE   189,360 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,577 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 14,634 117,190 SH   SOLE   117,190 0 0
Horizon Pharma Plc COM g4617b105 2,255 152,550 SH   SOLE   152,550 0 0
Host Hotels & Resorts Inc. COM 44107P104 8,490 455,005 SH   SOLE   455,005 0 0
HP Inc COM 40434l105 782 43,750 SH   SOLE   43,750 0 0
HSBC Holdings ADR COM 404280406 584 14,300 SH   SOLE   14,300 0 0
Hunt (J.B.) Transport COM 445658107 1,404 15,300 SH   SOLE   15,300 0 0
Icahn Enterprises LP COM 451100101 596 11,625 SH   SOLE   11,625 0 0
Icon PLC ADR COM G4705A100 590 7,400 SH   SOLE   7,400 0 0
Imperva Inc COM 45321L100 272 6,625 SH   SOLE   6,625 0 0
Infineon Technologies ADR COM 45662n103 754 36,825 SH   SOLE   36,825 0 0
Infosys Ltd ADR COM 456788108 2,458 155,600 SH   SOLE   155,600 0 0
Ing Groep NV ADR COM 456837103 237 15,700 SH   SOLE   15,700 0 0
Ingenico Group COM 45684w107 350 18,475 SH   SOLE   18,475 0 0
Intel Corp. COM 458140100 14,451 400,630 SH   SOLE   400,630 0 0
International Business Machine COM 459200101 4,257 24,443 SH   SOLE   24,443 0 0
Intesa Sanpaolo ADR COM 46115h107 178 10,899 SH   SOLE   10,899 0 0
Invesco Ltd COM g491bt108 5,897 192,515 SH   SOLE   192,515 0 0
Iron Mountain Inc. COM 46284V101 7,629 213,885 SH   SOLE   213,885 0 0
Itau Unibanco Holding SA ADR COM 465562106 401 33,206 SH   SOLE   33,206 0 0
JD.com Inc COM 47215p106 3,635 116,850 SH   SOLE   116,850 0 0
Johnson & Johnson COM 478160104 28,176 226,225 SH   SOLE   226,225 0 0
Johnson Controls Interanationa COM g51502105 4,969 117,976 SH   SOLE   117,976 0 0
JPMorgan Chase & Co. COM 46625h100 29,941 340,857 SH   SOLE   340,857 0 0
Kellogg Co. COM 487836108 2,659 36,620 SH   SOLE   36,620 0 0
Kimco Realty Corp. COM 49446r109 1,866 84,475 SH   SOLE   84,475 0 0
Kinder Morgan Inc. COM 49456b101 3,037 139,702 SH   SOLE   139,702 0 0
Kingfisher PLC ADR COM 495724403 212 26,000 SH   SOLE   26,000 0 0
Kirin Holdings Co ADR COM 497350306 628 33,300 SH   SOLE   33,300 0 0
KKR & Co LP COM 48248m102 935 51,300 SH   SOLE   51,300 0 0
Koninklijke Ahold Delhaize NV COM 500467501 321 14,953 SH   SOLE   14,953 0 0
Koninklijke KPN NV ADR COM 780641205 45 15,000 SH   SOLE   15,000 0 0
Koninklijke Philips NV ADR COM 500472303 273 8,500 SH   SOLE   8,500 0 0
Kraft Heinz Co The COM 500754106 588 6,475 SH   SOLE   6,475 0 0
Kubota Corp-Spon ADR COM 501173207 366 4,875 SH   SOLE   4,875 0 0
L Brands Inc COM 501797104 5,011 106,390 SH   SOLE   106,390 0 0
Lamar Advertising Co COM 512816109 1,532 20,500 SH   SOLE   20,500 0 0
Las Vegas Sands COM 517834107 706 12,375 SH   SOLE   12,375 0 0
Leggett & Platt COM 524660107 1,711 34,000 SH   SOLE   34,000 0 0
Liberty Property Trust COM 531172104 2,315 60,040 SH   SOLE   60,040 0 0
Lilly (Eli) & Co. COM 532457108 15,003 178,370 SH   SOLE   178,370 0 0
Logitech International SA ADR COM H50430232 1,339 42,020 SH   SOLE   42,020 0 0
Lowe's Co. COM 548661107 19,761 240,370 SH   SOLE   240,370 0 0
Luxottica Group SPA ADR COM 55068r202 396 7,200 SH   SOLE   7,200 0 0
Lyondellbassel Industries N.V. COM N53745100 3,379 37,050 SH   SOLE   37,050 0 0
Macerich Co. COM 554382101 1,395 21,659 SH   SOLE   21,659 0 0
Mack-Cali Realty Corp. COM 554489104 323 12,000 SH   SOLE   12,000 0 0
Macquarie Infrastructure Co COM 55608B105 419 5,200 SH   SOLE   5,200 0 0
Mallinckrodt PLC COM g5785g107 444 9,957 SH   SOLE   9,957 0 0
Marriott International COM 571903202 7,090 75,280 SH   SOLE   75,280 0 0
Marsh & McLennan Companies, In COM 571748102 15,433 208,860 SH   SOLE   208,860 0 0
Mattel Inc. COM 577081102 4,676 182,570 SH   SOLE   182,570 0 0
Maxim Integrated Products, Inc COM 57772k101 6,842 152,175 SH   SOLE   152,175 0 0
McCormick & Co. COM 579780206 8,563 87,785 SH   SOLE   87,785 0 0
McDonald's Corp. COM 580135101 11,427 88,165 SH   SOLE   88,165 0 0
Mckesson HBOC Inc. COM 58155q103 2,130 14,370 SH   SOLE   14,370 0 0
Medtronic Inc COM g5960l103 6,188 76,813 SH   SOLE   76,813 0 0
Mercadolibre Inc ADR COM 58733r102 1,221 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933y105 16,386 257,890 SH   SOLE   257,890 0 0
Metlife Inc COM 59156R108 8,126 153,835 SH   SOLE   153,835 0 0
Micron Technology Inc. COM 595112103 277 9,600 SH   SOLE   9,600 0 0
Microsoft Corp COM 594918104 42,917 651,635 SH   SOLE   651,635 0 0
Minerals Technologies Inc COM 603158106 3,948 51,540 SH   SOLE   51,540 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,563 246,550 SH   SOLE   246,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 412 1,425 SH   SOLE   1,425 0 0
Mohawk Industries Inc. COM 608190104 4,176 18,195 SH   SOLE   18,195 0 0
Molson Coors Brewing Company COM 60871r209 9,057 94,630 SH   SOLE   94,630 0 0
Mondelez International Inc COM 609207105 837 19,427 SH   SOLE   19,427 0 0
Monsanto Co. COM 61166w101 5,291 46,740 SH   SOLE   46,740 0 0
Morgan Stanley, Dean Witter, D COM 617446448 8,649 201,900 SH   SOLE   201,900 0 0
MRC Global Inc COM 55345k103 2,783 151,850 SH   SOLE   151,850 0 0
Mylan NV COM n59465109 881 22,600 SH   SOLE   22,600 0 0
National Fuel Gas Co. COM 636180101 537 9,000 SH   SOLE   9,000 0 0
National Oilwell Varco Inc COM 637071101 2,915 72,705 SH   SOLE   72,705 0 0
Netflix Inc COM 64110l106 4,051 27,405 SH   SOLE   27,405 0 0
New York Community Bancorp COM 649445103 1,855 132,800 SH   SOLE   132,800 0 0
Newell Brands Inc COM 651229106 283 6,000 SH   SOLE   6,000 0 0
NextEra Energy Inc COM 65339f101 5,351 41,681 SH   SOLE   41,681 0 0
NICE Ltd ADR COM 653656108 472 6,950 SH   SOLE   6,950 0 0
Nippon Telegraph & Telephone C COM 654624105 2,680 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 4,124 173,330 SH   SOLE   173,330 0 0
Norsk Hydro ASA ADR COM 656531605 116 20,000 SH   SOLE   20,000 0 0
Northrop Grumman Corp. COM 666807102 11,865 49,885 SH   SOLE   49,885 0 0
Novartis ADR COM 66987v109 2,495 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 2,125 62,000 SH   SOLE   62,000 0 0
Occidental Petroleum COM 674599105 4,932 77,840 SH   SOLE   77,840 0 0
Omega Healthcare Investors COM 681936100 530 16,075 SH   SOLE   16,075 0 0
Oracle Corp. COM 68389x105 11,308 253,484 SH   SOLE   253,484 0 0
Outfront Media Inc COM 69007j106 590 22,225 SH   SOLE   22,225 0 0
Pacwest Bancorp COM 695263103 534 10,025 SH   SOLE   10,025 0 0
Palo Alto Networks Inc COM 697435105 2,010 17,840 SH   SOLE   17,840 0 0
Panasonic Corp ADR COM 69832a205 702 62,200 SH   SOLE   62,200 0 0
Park National COM 700658107 284 2,700 SH   SOLE   2,700 0 0
Parker Hannifin COM 701094104 1,347 8,400 SH   SOLE   8,400 0 0
Pattern Energy Group Inc COM 70338p100 488 24,225 SH   SOLE   24,225 0 0
PepsiCo, Inc. COM 713448108 14,194 126,890 SH   SOLE   126,890 0 0
Pfizer, Inc. COM 717081103 18,927 553,264 SH   SOLE   553,264 0 0
Philip Morris International In COM 718172109 4,263 37,760 SH   SOLE   37,760 0 0
Pinnacle West Capital COM 723484101 208 2,500 SH   SOLE   2,500 0 0
Pitney Bowes Inc. COM 724479100 262 20,000 SH   SOLE   20,000 0 0
Plains All American Pipeline L COM 726503105 1,796 56,815 SH   SOLE   56,815 0 0
PNC Financial Services Group COM 693475105 18,569 154,434 SH   SOLE   154,434 0 0
Polaris Industries COM 731068102 1,173 14,000 SH   SOLE   14,000 0 0
PPG Industries, Inc. COM 693506107 1,014 9,650 SH   SOLE   9,650 0 0
PPL Corp. COM 69351t106 2,704 72,330 SH   SOLE   72,330 0 0
Prada SPA ADR COM 73942h100 261 31,100 SH   SOLE   31,100 0 0
Principal Financial Group COM 74251V102 12,968 205,480 SH   SOLE   205,480 0 0
Procter & Gamble, Inc. COM 742718109 24,920 277,350 SH   SOLE   277,350 0 0
Prologis Trust COM 74340w103 7,515 144,845 SH   SOLE   144,845 0 0
Prospect Capital Corp COM 74348t102 848 93,825 SH   SOLE   93,825 0 0
Prudential Financial, Inc. COM 744320102 19,056 178,625 SH   SOLE   178,625 0 0
PTC Inc COM 69370c100 3,057 58,164 SH   SOLE   58,164 0 0
Public Service Enterprise Grou COM 744573106 1,712 38,600 SH   SOLE   38,600 0 0
Pure Storage Inc COM 74624m102 150 15,225 SH   SOLE   15,225 0 0
Qualcomm Inc. COM 747525103 5,647 98,483 SH   SOLE   98,483 0 0
Quest Diagnostics Inc COM 74834L100 1,065 10,850 SH   SOLE   10,850 0 0
Red Hat Inc. COM 756577102 3,733 43,160 SH   SOLE   43,160 0 0
Regal Entertainment Group - A COM 758766109 4,023 178,150 SH   SOLE   178,150 0 0
Regions Financial Corp. COM 7591EP100 270 18,610 SH   SOLE   18,610 0 0
Repsol SA ADR COM 76026T205 181 11,700 SH   SOLE   11,700 0 0
Rexnord Corp COM 76169b102 2,901 125,710 SH   SOLE   125,710 0 0
Reynolds American Inc COM 761713106 5,391 85,548 SH   SOLE   85,548 0 0
RingCentral Inc COM 76680r206 3,123 110,360 SH   SOLE   110,360 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 936 29,300 SH   SOLE   29,300 0 0
Rockwell Collins Inc. COM 774341101 9,092 93,580 SH   SOLE   93,580 0 0
Royal Dutch Shell PLC ADR COM 780259206 2,107 39,950 SH   SOLE   39,950 0 0
Ryder System, Inc. COM 783549108 634 8,400 SH   SOLE   8,400 0 0
Salesforce.com Inc COM 79466L302 5,223 63,314 SH   SOLE   63,314 0 0
Sanofi ADR COM 80105n105 1,783 39,400 SH   SOLE   39,400 0 0
Santos Limited ADR COM 803021708 130 44,800 SH   SOLE   44,800 0 0
SAP SE COM 803054204 2,042 20,800 SH   SOLE   20,800 0 0
Scana Corp COM 80589M102 1,460 22,346 SH   SOLE   22,346 0 0
Schlumberger Ltd. COM 806857108 14,606 187,015 SH   SOLE   187,015 0 0
Schneider Electric SE ADR COM 80687p106 305 20,775 SH   SOLE   20,775 0 0
Sealed Air Corp. COM 81211k100 3,542 81,285 SH   SOLE   81,285 0 0
Sensata Technologies Holding A COM N7902X106 540 12,375 SH   SOLE   12,375 0 0
Servicenow Inc COM 81762p102 2,508 28,671 SH   SOLE   28,671 0 0
Ship Finance Intl Ltd COM g81075106 1,025 69,700 SH   SOLE   69,700 0 0
Shire PLC COM 82481r106 1,099 6,307 SH   SOLE   6,307 0 0
Simon Property Group, Inc. COM 828806109 2,266 13,172 SH   SOLE   13,172 0 0
Singapore Telecom-SP ADR COM 82929R304 943 33,630 SH   SOLE   33,630 0 0
Sony Corp. ADR COM 835699307 853 25,300 SH   SOLE   25,300 0 0
Southern Co. COM 842587107 636 12,774 SH   SOLE   12,774 0 0
Spectra Energy Partners LP COM 84756n109 880 20,150 SH   SOLE   20,150 0 0
Starbucks Corp. COM 855244109 6,440 110,290 SH   SOLE   110,290 0 0
Subsea 7 Sa ADR COM 864323100 370 23,900 SH   SOLE   23,900 0 0
Superior Energy Services Inc. COM 868157108 1,426 99,970 SH   SOLE   99,970 0 0
Swisscom AG ADR COM 871013108 351 7,600 SH   SOLE   7,600 0 0
Syngenta AG ADR COM 87160a100 766 8,650 SH   SOLE   8,650 0 0
Synopsys Inc. COM 871607107 1,219 16,900 SH   SOLE   16,900 0 0
Syntel, Inc. COM 87162H103 190 11,290 SH   SOLE   11,290 0 0
Taiwan Semiconductor Manufactu COM 874039100 1,917 58,386 SH   SOLE   58,386 0 0
Target Corp. COM 87612e106 9,110 165,075 SH   SOLE   165,075 0 0
Taro Pharmaceutical Indus COM m8737e108 242 2,075 SH   SOLE   2,075 0 0
TDK Corp. ADR COM 872351408 247 3,900 SH   SOLE   3,900 0 0
TechnipFMC PLC COM G87110105 2,537 78,070 SH   SOLE   78,070 0 0
Telecom Italia ADR COM 87927y102 170 18,880 SH   SOLE   18,880 0 0
Telenor ASA ADR COM 87944W105 449 27,000 SH   SOLE   27,000 0 0
Tenaris SA-ADR COM 88031M109 201 5,900 SH   SOLE   5,900 0 0
Teva Pharmaceutical Industries COM 881624209 524 16,325 SH   SOLE   16,325 0 0
Texas Instruments COM 882508104 6,963 86,437 SH   SOLE   86,437 0 0
The Mosaic Co COM 61945c103 581 19,925 SH   SOLE   19,925 0 0
The Travelers Companies, Inc. COM 89417E109 19,309 160,191 SH   SOLE   160,191 0 0
Thermo Fisher Scientific Inc COM 883556102 10,084 65,650 SH   SOLE   65,650 0 0
Tokio Marine Holdings Inc ADR COM 889094108 1,022 24,250 SH   SOLE   24,250 0 0
Total SA ADR COM 89151e109 1,734 34,400 SH   SOLE   34,400 0 0
Total System Services COM 891906109 4,124 77,150 SH   SOLE   77,150 0 0
Toyota Motor Corp. ADR COM 892331307 3,889 35,800 SH   SOLE   35,800 0 0
Tractor Supply Company COM 892356106 1,759 25,500 SH   SOLE   25,500 0 0
Transcanada Pipelines Ltd COM 89353d107 1,772 38,405 SH   SOLE   38,405 0 0
Tupperware Brands Corp COM 899896104 2,493 39,750 SH   SOLE   39,750 0 0
Twenty First Century Fox Inc COM 90130a101 4,015 123,945 SH   SOLE   123,945 0 0
U.S. Bancorp COM 902973304 14,187 275,467 SH   SOLE   275,467 0 0
UBS Group AG COM h42097107 433 27,120 SH   SOLE   27,120 0 0
Unilever PLC ADR COM 904767704 1,808 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 6,154 58,100 SH   SOLE   58,100 0 0
United Health Group Inc. COM 91324P102 19,390 118,225 SH   SOLE   118,225 0 0
United Parcel Services Cl B COM 911312106 11,020 102,700 SH   SOLE   102,700 0 0
United Technologies COM 913017109 11,411 101,690 SH   SOLE   101,690 0 0
Uniti Group Inc COM 91325v108 2,185 84,512 SH   SOLE   84,512 0 0
Vector Group Ltd COM 92240m108 368 17,700 SH   SOLE   17,700 0 0
Verizon Communications Inc COM 92343v104 14,791 303,410 SH   SOLE   303,410 0 0
Visa Inc COM 92826c839 6,727 75,698 SH   SOLE   75,698 0 0
Vulcan Materials COM 929160109 3,230 26,810 SH   SOLE   26,810 0 0
Waddell & Reed Financial, Inc. COM 930059100 306 18,000 SH   SOLE   18,000 0 0
Wal-Mart COM 931142103 11,218 155,629 SH   SOLE   155,629 0 0
Walgreens Boots Alliance Inc COM 931427108 8,712 104,905 SH   SOLE   104,905 0 0
Walt Disney Co. COM 254687106 30,638 270,200 SH   SOLE   270,200 0 0
Weingarten Realty Investors COM 948741103 3,154 94,465 SH   SOLE   94,465 0 0
Wells Fargo Co. COM 949746101 19,959 358,593 SH   SOLE   358,593 0 0
Welltower Inc COM 95040q104 2,067 29,180 SH   SOLE   29,180 0 0
Western Digital COM 958102105 5,955 72,161 SH   SOLE   72,161 0 0
Western Gas Partners COM 958254104 601 9,950 SH   SOLE   9,950 0 0
Western Refining Inc COM 959319104 1,157 32,998 SH   SOLE   32,998 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 4,061 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 1,974 66,700 SH   SOLE   66,700 0 0
WNS Holdings LTD COM 92932m101 3,295 115,175 SH   SOLE   115,175 0 0
WPP PLC ADR COM 92937a102 645 5,900 SH   SOLE   5,900 0 0
Wright Medical Group NV COM n96617118 643 20,650 SH   SOLE   20,650 0 0
Xperi Corp COM 98421b100 4,929 145,190 SH   SOLE   145,190 0 0
Zoetis COM 98978v103 4,579 85,795 SH   SOLE   85,795 0 0
Wisdomtree Emerging Markets Hi COM 97717w315 690 16,900 SH   SOLE   16,900 0 0