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
ABAXIS INC COM 002567105 7,856 158,635 SH   DFND   158,635 0 0
ABBOTT LABS COM 002824100 38,821 680,231 SH   DFND   680,231 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 11,649 76,093 SH   DFND   76,093 0 0
AFLAC INC COM 001055102 11,957 136,220 SH   DFND   136,220 0 0
AIR PRODS & CHEMS INC COM 009158106 7,895 48,115 SH   DFND   48,115 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 3,873 42,330 SH   DFND   42,330 0 0
AMPHENOL CORP NEW CL A 032095101 18,448 210,115 SH   DFND   210,115 0 0
AMPLIFY SNACK BRANDS COM 03211L102 7,984 664,751 SH   DFND   664,751 0 0
APTARGROUP INC COM 038336103 18,060 209,324 SH   DFND   209,324 0 0
AUTOLIV INC COM 052800109 18,436 145,077 SH   DFND   145,077 0 0
BB&T CORP COM 054937107 7,974 160,382 SH   DFND   160,382 0 0
BECTON DICKINSON & CO COM 075887109 40,965 191,372 SH   DFND   191,372 0 0
BECTON DICKINSON & CO PFD SHS CONV A 075887208 44,533 765,572 SH   DFND   765,572 0 0
BERKLEY W R CORP COM 084423102 7,786 108,664 SH   DFND   108,664 0 0
BOSTON PROPERTIES INC COM 101121101 3,871 29,773 SH   DFND   29,773 0 0
BUFFALO WILD WINGS INC COM 119848109 11,796 75,444 SH   DFND   75,444 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 4,262 93,986 SH   DFND   93,986 0 0
CERNER CORP COM 156782104 19,135 283,949 SH   DFND   283,949 0 0
CHUBB LIMITED COM H1467J104 18,584 127,172 SH   DFND   127,172 0 0
CLOROX CO DEL COM 189054109 36,796 247,386 SH   DFND   247,386 0 0
COBIZ FINANCIAL INC COM 190897108 7,691 384,761 SH   DFND   384,761 0 0
COLGATE PALMOLIVE CO COM 194162103 33,684 446,441 SH   DFND   446,441 0 0
COMMERCE BANCSHARES INC COM 200525103 24,849 445,006 SH   DFND   445,006 0 0
CONNECTICUT WTR SVC INC COM 207797101 3,704 64,512 SH   DFND   64,512 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 72,248 494,745 SH   DFND   494,745 0 0
DOVER CORP COM 260003108 4,096 40,563 SH   DFND   40,563 0 0
ECOLAB INC COM 278865100 18,377 136,959 SH   DFND   136,959 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 45,781 1,500,533 SH   DFND   1,500,533 0 0
EVEREST RE GROUP LTD COM G3223R108 38,238 172,818 SH   DFND   172,818 0 0
GENERAL CABLE CORP DEL NEW COM 369300108 11,729 396,263 SH   DFND   396,263 0 0
GLOBUS MED INC CL A 379577208 4,046 98,439 SH   DFND   98,439 0 0
HEALTHCARE RLTY TR COM 421946104 11,297 351,716 SH   DFND   351,716 0 0
HEARTLAND EXPRESS INC COM 422347104 29,220 1,251,931 SH   DFND   1,251,931 0 0
HERSHEY CO COM 427866108 11,966 105,418 SH   DFND   105,418 0 0
HUB GROUP INC CL A 443320106 49,199 1,027,114 SH   DFND   1,027,114 0 0
HUNT J B TRANS SVCS INC COM 445658107 4,137 35,982 SH   DFND   35,982 0 0
ISHARES TR RUS MDCP VAL ETF 464287473 526 5,895 SH   DFND   5,895 0 0
JOHNSON & JOHNSON COM 478160104 21,509 153,943 SH   DFND   153,943 0 0
KIMBERLY CLARK CORP COM 494368103 69,192 573,448 SH   DFND   573,448 0 0
LINDSAY CORP COM 535555106 7,164 81,229 SH   DFND   81,229 0 0
M & T BK CORP COM 55261F104 3,912 22,879 SH   DFND   22,879 0 0
METLIFE INC COM 59156R108 61,076 1,207,996 SH   DFND   1,207,996 0 0
MIDDLESEX WATER CO COM 596680108 3,552 89,002 SH   DFND   89,002 0 0
NIKE INC CL B 654106103 3,995 63,875 SH   DFND   63,875 0 0
NORTHERN TR CORP COM 665859104 65,900 659,723 SH   DFND   659,723 0 0
NORTHWEST NAT GAS CO COM 667655104 3,927 65,833 SH   DFND   65,833 0 0
ORBITAL ATK INC COM 68557N103 36,658 278,769 SH   DFND   278,769 0 0
PENTAIR PLC SHS G7S00T104 3,914 55,420 SH   DFND   55,420 0 0
PRAXAIR INC COM 74005P104 45,082 291,450 SH   DFND   291,450 0 0
PROCTER AND GAMBLE CO COM 742718109 80,741 878,767 SH   DFND   878,767 0 0
REINSURANCE GROUP AMER INC COM NEW 759351604 4,133 26,504 SH   DFND   26,504 0 0
ROCKWELL COLLINS INC COM 774341101 61,421 452,893 SH   DFND   452,893 0 0
SANDERSON FARMS INC COM 800013104 3,626 26,128 SH   DFND   26,128 0 0
SMITH & NEPHEW PLC SPDN ADR NEW 83175M205 71,553 2,043,781 SH   DFND   2,043,781 0 0
STRYKER CORP COM 863667101 3,889 25,114 SH   DFND   25,114 0 0
SYSCO CORP COM 871829107 8,268 136,144 SH   DFND   136,144 0 0
TRAVELERS COMPANIES INC COM 89417E109 73,250 540,032 SH   DFND   540,032 0 0
UMB FINL CORP COM 902788108 43,693 607,523 SH   DFND   607,523 0 0
UNITED BANKSHARES INC WEST V COM 909907107 26,522 763,214 SH   DFND   763,214 0 0
UNITED PARCEL SERVICE INC CL B 911312106 21,740 182,459 SH   DFND   182,459 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 8,535 75,300 SH   DFND   75,300 0 0
UNUM GROUP COM 91529Y106 19,042 346,909 SH   DFND   346,909 0 0
WATERS CORP COM 941848103 13,251 68,588 SH   DFND   68,588 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 10,135 11,906 SH   DFND   11,906 0 0
WOODWARD INC COM 980745103 4,702 61,432 SH   DFND   61,432 0 0
XILINX INC COM 983919101 3,666 54,377 SH   DFND   54,377 0 0