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
3M CO COM 88579Y101 209 4,335 SH   SOLE   4,335 0 0
ABBOTT LABS COM 002824100 724 21,312 SH   SOLE   21,312 0 0
ABBVIE INC COM 00287Y109 241 19,312 SH   SOLE   19,312 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 2,902 2,641 SH   SOLE   2,641 0 0
ADOBE SYS INC COM 00724F101 412 67,060 SH   SOLE   67,060 0 0
AEP INDS INC COM 001031103 445 3,482 SH   SOLE   3,482 0 0
AGCO CORP COM 001084102 883 23,598 SH   SOLE   23,598 0 0
AIR PRODS & CHEMS INC COM 009158106 1,350 2,334 SH   SOLE   2,334 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 7,814 6,353 SH   SOLE   6,353 0 0
ALON USA ENERGY INC COM 020520102 4,202 31,727 SH   SOLE   31,727 0 0
ALTRIA GROUP INC COM 02209S103 900 50,590 SH   SOLE   50,590 0 0
AMERICAN EXPRESS CO COM 025816109 246 28,785 SH   SOLE   28,785 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 304 223,256 SH   SOLE   223,256 0 0
AMGEN INC COM 031162100 744 76,232 SH   SOLE   76,232 0 0
ANADARKO PETE CORP COM 032511107 401 13,000 SH   SOLE   13,000 0 0
ANIXTER INTL INC COM 035290105 7,150 17,605 SH   SOLE   17,605 0 0
ANNALY CAP MGMT INC COM 035710409 46 29,679 SH   SOLE   29,679 0 0
APPLE INC COM 037833100 58 32,846 SH   SOLE   32,846 0 0
AT&T INC COM 00206R102 13,477 71,864 SH   SOLE   71,864 0 0
AVALONBAY CMNTYS INC COM 053484101 825 36,700 SH   SOLE   36,700 0 0
BAIDU INC SPON ADR REP A 056752108 2,273 6,780 SH   SOLE   6,780 0 0
BAKER HUGHES INC COM 057224107 1,368 242,600 SH   SOLE   242,600 0 0
BARRICK GOLD CORP COM 067901108 10,745 319,100 SH   SOLE   319,100 0 0
BAXTER INTL INC COM 071813109 4,966 8,881 SH   SOLE   8,881 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 218 16,480 SH   SOLE   16,480 0 0
BIOMED REALTY TRUST INC COM 09063H107 2,303 82,597 SH   SOLE   82,597 0 0
BLACKROCK INC COM 09247X101 323 28,000 SH   SOLE   28,000 0 0
BOEING CO COM 097023105 1,176 2,772 SH   SOLE   2,772 0 0
BRE PROPERTIES INC CL A 05564E106 1,605 36,203 SH   SOLE   36,203 0 0
BRINKS CO COM 109696104 1,030 81,500 SH   SOLE   81,500 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 267 67,506 SH   SOLE   67,506 0 0
BUNGE LIMITED COM G16962105 211 7,990 SH   SOLE   7,990 0 0
CAMBREX CORP COM 132011107 1,826 30,049 SH   SOLE   30,049 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 2,579 16,000 SH   SOLE   16,000 0 0
CELGENE CORP COM 151020104 367 36,844 SH   SOLE   36,844 0 0
CENTURYLINK INC COM 156700106 12,252 6,228 SH   SOLE   6,228 0 0
CHART INDS INC COM PAR $0.01 16115Q308 497 12,100 SH   SOLE   12,100 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 1,224 24,572 SH   SOLE   24,572 0 0
CHEVRON CORP NEW COM 166764100 4,461 133,955 SH   SOLE   133,955 0 0
CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 25,444 61,500 SH   SOLE   61,500 0 0
CIGNA CORPORATION COM 125509109 1,481 6,822 SH   SOLE   6,822 0 0
CISCO SYS INC COM 17275R102 873 571,161 SH   SOLE   571,161 0 0
CITIGROUP INC COM NEW 172967424 690 4,949 SH   SOLE   4,949 0 0
CME GROUP INC COM 12572Q105 2,994 864,252 SH   SOLE   864,252 0 0
COACH INC COM 189754104 612 887,859 SH   SOLE   887,859 0 0
COCA COLA CO COM 191216100 6,380 56,120 SH   SOLE   56,120 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 9,109 50,435 SH   SOLE   50,435 0 0
COLGATE PALMOLIVE CO COM 194162103 1,071 5,044 SH   SOLE   5,044 0 0
COMCAST CORP NEW CL A 20030N101 1,248 11,665 SH   SOLE   11,665 0 0
COMPUTER SCIENCES CORP COM 205363104 1,061 28,600 SH   SOLE   28,600 0 0
CONOCOPHILLIPS COM 20825C104 1,231 47,050 SH   SOLE   47,050 0 0
CORINTHIAN COLLEGES INC COM 218868107 1,137 14,820 SH   SOLE   14,820 0 0
COSTCO WHSL CORP NEW COM 22160K105 7,152 8,001 SH   SOLE   8,001 0 0
CVS CAREMARK CORPORATION COM 126650100 4,935 10,903 SH   SOLE   10,903 0 0
CYTEC INDS INC COM 232820100 1,052 21,960 SH   SOLE   21,960 0 0
DANAHER CORP DEL COM 235851102 1,703 30,290 SH   SOLE   30,290 0 0
DELEK US HLDGS INC COM 246647101 910 23,059 SH   SOLE   23,059 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 11,834 716,800 SH   SOLE   716,800 0 0
DISNEY WALT CO COM DISNEY 254687106 214 3,761 SH   SOLE   3,761 0 0
DOMINION RES INC VA NEW COM 25746U109 228 3,915 SH   SOLE   3,915 0 0
DOVER CORP COM 260003108 1,390 19,070 SH   SOLE   19,070 0 0
DOW CHEM CO COM 260543103 7,609 238,970 SH   SOLE   238,970 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 957 19,477 SH   SOLE   19,477 0 0
E M C CORP MASS COM 268648102 10,429 436,550 SH   SOLE   436,550 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 518 6,300 SH   SOLE   6,300 0 0
ENSCO PLC SHS CLASS A G3157S106 6,390 106,500 SH   SOLE   106,500 0 0
EOG RES INC COM 26875P101 2,551 19,920 SH   SOLE   19,920 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 2,855 37,180 SH   SOLE   37,180 0 0
EQUITY ONE COM 294752100 2,109 88,000 SH   SOLE   88,000 0 0
EXXON MOBIL CORP COM 30231G102 5,607 62,220 SH   SOLE   62,220 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 1,113 10,300 SH   SOLE   10,300 0 0
FEDEX CORP COM 31428X106 6,697 68,200 SH   SOLE   68,200 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 997 61,650 SH   SOLE   61,650 0 0
FLIR SYS INC COM 302445101 1,060 40,750 SH   SOLE   40,750 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 695 20,993 SH   SOLE   20,993 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 40 10,123 SH   SOLE   10,123 0 0
FULLER H B CO COM 359694106 1,591 40,720 SH   SOLE   40,720 0 0
GENERAL ELECTRIC CO COM 369604103 11,300 488,736 SH   SOLE   488,736 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 298 15,000 SH   SOLE   15,000 0 0
GENERAL MLS INC COM 370334104 10,637 215,725 SH   SOLE   215,725 0 0
GLATFELTER COM 377316104 983 42,025 SH   SOLE   42,025 0 0
GOLDCORP INC NEW COM 380956409 1,175 34,933 SH   SOLE   34,933 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 10,624 72,200 SH   SOLE   72,200 0 0
GOOGLE INC CL A 38259P508 6,368 8,020 SH   SOLE   8,020 0 0
GREIF INC CL A 397624107 991 18,489 SH   SOLE   18,489 0 0
GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 917 59,461 SH   SOLE   59,461 0 0
HALLIBURTON CO COM 406216101 889 22,000 SH   SOLE   22,000 0 0
HESS CORP COM 42809H107 1,003 14,000 SH   SOLE   14,000 0 0
HOME DEPOT INC COM 437076102 701 10,046 SH   SOLE   10,046 0 0
HOME PROPERTIES INC COM 437306103 3,322 52,381 SH   SOLE   52,381 0 0
HONEYWELL INTL INC COM 438516106 1,597 21,195 SH   SOLE   21,195 0 0
HOST HOTELS & RESORTS INC COM 44107P104 3,399 194,327 SH   SOLE   194,327 0 0
ICICI BK LTD ADR 45104G104 1,269 29,590 SH   SOLE   29,590 0 0
INTEL CORP COM 458140100 9,702 444,032 SH   SOLE   444,032 0 0
INTERCONTINENTALEXCHANGE INC COM 45865V100 8,431 51,700 SH   SOLE   51,700 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,177 5,517 SH   SOLE   5,517 0 0
INTL PAPER CO COM 460146103 12,991 278,900 SH   SOLE   278,900 0 0
JOHNSON & JOHNSON COM 478160104 16,505 202,445 SH   SOLE   202,445 0 0
JOY GLOBAL INC COM 481165108 952 16,000 SH   SOLE   16,000 0 0
JPMORGAN CHASE & CO COM 46625H100 18,989 400,110 SH   SOLE   400,110 0 0
KBR INC COM 48242W106 9,794 305,300 SH   SOLE   305,300 0 0
KILROY RLTY CORP COM 49427F108 3,782 72,173 SH   SOLE   72,173 0 0
KIMBERLY CLARK CORP COM 494368103 593 6,052 SH   SOLE   6,052 0 0
KINDER MORGAN INC DEL COM 49456B101 320 8,281 SH   SOLE   8,281 0 0
KRAFT FOODS GROUP INC COM 50076Q106 561 10,881 SH   SOLE   10,881 0 0
KROGER CO COM 501044101 1,621 48,902 SH   SOLE   48,902 0 0
LILLY ELI & CO COM 532457108 3,120 54,946 SH   SOLE   54,946 0 0
LOWES COS INC COM 548661107 7,607 200,600 SH   SOLE   200,600 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1,245 19,670 SH   SOLE   19,670 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 571 33,001 SH   SOLE   33,001 0 0
MARATHON OIL CORP COM 565849106 7,371 218,600 SH   SOLE   218,600 0 0
MARATHON PETE CORP COM 56585A102 1,722 19,220 SH   SOLE   19,220 0 0
MARKET VECTORS ETF TR EM LC CURR DBT 57060U522 2,150 79,500 SH   SOLE   79,500 0 0
MARSH & MCLENNAN COS INC COM 571748102 16,012 421,700 SH   SOLE   421,700 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 8,208 251,400 SH   SOLE   251,400 0 0
MCDONALDS CORP COM 580135101 1,060 10,628 SH   SOLE   10,628 0 0
MEDTRONIC INC COM 585055106 2,236 47,624 SH   SOLE   47,624 0 0
MERCK & CO INC NEW COM 58933Y105 21,697 490,541 SH   SOLE   490,541 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 1,106 5,185 SH   SOLE   5,185 0 0
MICROSOFT CORP COM 594918104 11,668 407,846 SH   SOLE   407,846 0 0
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 1,277 31,970 SH   SOLE   31,970 0 0
MONDELEZ INTL INC CL A 609207105 262 8,571 SH   SOLE   8,571 0 0
MONSANTO CO NEW COM 61166W101 264 2,500 SH   SOLE   2,500 0 0
MOSAIC CO NEW COM 61945C103 8,311 139,420 SH   SOLE   139,420 0 0
MULTIMEDIA GAMES HLDG CO INC COM 625453105 445 21,318 SH   SOLE   21,318 0 0
NASDAQ OMX GROUP INC COM 631103108 215 6,660 SH   SOLE   6,660 0 0
NETAPP INC COM 64110D104 2,154 63,050 SH   SOLE   63,050 0 0
NEWFIELD EXPL CO COM 651290108 1,513 67,500 SH   SOLE   67,500 0 0
NEWMONT MINING CORP COM 651639106 1,327 31,687 SH   SOLE   31,687 0 0
NEXTERA ENERGY INC COM 65339F101 210 2,701 SH   SOLE   2,701 0 0
NOBLE ENERGY INC COM 655044105 590 5,100 SH   SOLE   5,100 0 0
NORDSTROM INC COM 655664100 9,649 174,700 SH   SOLE   174,700 0 0
NORTHROP GRUMMAN CORP COM 666807102 1,527 21,769 SH   SOLE   21,769 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 739 9,429 SH   SOLE   9,429 0 0
ORACLE CORP COM 68389X105 6,339 196,000 SH   SOLE   196,000 0 0
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 437 9,699 SH   SOLE   9,699 0 0
PALL CORP COM 696429307 2,518 36,830 SH   SOLE   36,830 0 0
PARTNERRE LTD COM G6852T105 227 2,435 SH   SOLE   2,435 0 0
PENTAIR LTD SHS H6169Q108 1,615 30,614 SH   SOLE   30,614 0 0
PEPSICO INC COM 713448108 1,744 22,048 SH   SOLE   22,048 0 0
PFIZER INC COM 717081103 8,428 292,023 SH   SOLE   292,023 0 0
PHILIP MORRIS INTL INC COM 718172109 2,802 30,227 SH   SOLE   30,227 0 0
PHILLIPS 66 COM 718546104 1,712 24,466 SH   SOLE   24,466 0 0
PHOTRONICS INC COM 719405102 168 25,080 SH   SOLE   25,080 0 0
PNC FINL SVCS GROUP INC COM 693475105 11,857 178,300 SH   SOLE   178,300 0 0
POTASH CORP SASK INC COM 73755L107 5,464 139,200 SH   SOLE   139,200 0 0
POZEN INC COM 73941U102 298 56,473 SH   SOLE   56,473 0 0
PRAXAIR INC COM 74005P104 1,998 17,916 SH   SOLE   17,916 0 0
PROCTER & GAMBLE CO COM 742718109 4,859 63,054 SH   SOLE   63,054 0 0
PROLOGIS INC COM 74340W103 3,142 78,601 SH   SOLE   78,601 0 0
QUALCOMM INC COM 747525103 4,227 63,137 SH   SOLE   63,137 0 0
RESMED INC COM 761152107 1,980 42,705 SH   SOLE   42,705 0 0
REYNOLDS AMERICAN INC COM 761713106 209 4,700 SH   SOLE   4,700 0 0
SANDERSON FARMS INC COM 800013104 724 13,248 SH   SOLE   13,248 0 0
SANFILIPPO JOHN B & SON INC COM 800422107 241 12,052 SH   SOLE   12,052 0 0
SCHLUMBERGER LTD COM 806857108 3,314 44,252 SH   SOLE   44,252 0 0
SCHNITZER STL INDS CL A 806882106 445 16,700 SH   SOLE   16,700 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 883 24,142 SH   SOLE   24,142 0 0
SHFL ENTMT INC COM 78423R105 1,350 81,459 SH   SOLE   81,459 0 0
SIMON PPTY GROUP INC NEW COM 828806109 7,814 49,279 SH   SOLE   49,279 0 0
SL GREEN RLTY CORP COM 78440X101 4,202 48,793 SH   SOLE   48,793 0 0
SMITHFIELD FOODS INC COM 832248108 900 34,000 SH   SOLE   34,000 0 0
SOUTHERN CO COM 842587107 550 11,728 SH   SOLE   11,728 0 0
SOUTHWEST AIRLS CO COM 844741108 744 55,201 SH   SOLE   55,201 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 401 2,562 SH   SOLE   2,562 0 0
STANLEY BLACK & DECKER INC COM 854502101 7,150 88,300 SH   SOLE   88,300 0 0
STAR GAS PARTNERS L P UNIT LTD PARTNR 85512C105 46 10,204 SH   SOLE   10,204 0 0
SYPRIS SOLUTIONS INC COM 871655106 58 13,792 SH   SOLE   13,792 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 14,302 832,001 SH   SOLE   832,001 0 0
TAUBMAN CTRS INC COM 876664103 2,273 29,270 SH   SOLE   29,270 0 0
TESORO CORP COM 881609101 1,368 23,373 SH   SOLE   23,373 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 10,745 270,800 SH   SOLE   270,800 0 0
TIME WARNER CABLE INC COM 88732J207 4,966 51,700 SH   SOLE   51,700 0 0
TIME WARNER INC COM NEW 887317303 218 3,780 SH   SOLE   3,780 0 0
TJX COS INC NEW COM 872540109 2,303 49,255 SH   SOLE   49,255 0 0
TRIPLE-S MGMT CORP CL B 896749108 323 18,515 SH   SOLE   18,515 0 0
TYCO INTERNATIONAL LTD SHS H89128104 1,176 36,742 SH   SOLE   36,742 0 0
TYSON FOODS INC CL A 902494103 1,605 64,653 SH   SOLE   64,653 0 0
ULTRA PETROLEUM CORP COM 903914109 1,030 51,225 SH   SOLE   51,225 0 0
UNITED PARCEL SERVICE INC CL B 911312106 478 5,570 SH   SOLE   5,570 0 0
UNITED TECHNOLOGIES CORP COM 913017109 4,405 47,149 SH   SOLE   47,149 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 367 6,036 SH   SOLE   6,036 0 0
UNITEDHEALTH GROUP INC COM 91324P102 12,252 214,151 SH   SOLE   214,151 0 0
US BANCORP DEL COM NEW 902973304 497 14,641 SH   SOLE   14,641 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,224 26,908 SH   SOLE   26,908 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 29,904 697,234 SH   SOLE   697,234 0 0
VARIAN MED SYS INC COM 92220P105 1,481 20,565 SH   SOLE   20,565 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,563 31,800 SH   SOLE   31,800 0 0
WABTEC CORP COM 929740108 2,107 20,630 SH   SOLE   20,630 0 0
WAL-MART STORES INC COM 931142103 1,499 20,036 SH   SOLE   20,036 0 0
WELLS FARGO & CO NEW COM 949746101 15,489 418,735 SH   SOLE   418,735 0 0
WESTERN REFNG INC COM 959319104 1,071 30,235 SH   SOLE   30,235 0 0
WESTERN UN CO COM 959802109 1,248 83,000 SH   SOLE   83,000 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 1,061 20,186 SH   SOLE   20,186 0 0
WOLVERINE WORLD WIDE INC COM 978097103 1,231 27,744 SH   SOLE   27,744 0 0
WORLD FUEL SVCS CORP COM 981475106 1,137 28,625 SH   SOLE   28,625 0 0
XCEL ENERGY INC COM 98389B100 7,152 240,800 SH   SOLE   240,800 0 0
XILINX INC COM 983919101 4,935 129,300 SH   SOLE   129,300 0 0
YAMANA GOLD INC COM 98462Y100 1,052 68,511 SH   SOLE   68,511 0 0
YUM BRANDS INC COM 988498101 1,703 23,670 SH   SOLE   23,670 0 0