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 653 34,350 SH   SOLE   34,350 0 0
Abbott Labs COM 002824100 9,778 135,190 SH   SOLE   135,190 0 0
Abbvie Inc COM 00287Y109 12,906 139,990 SH   SOLE   139,990 0 0
Accenture PLC CL A COM G1151C101 5,959 42,260 SH   SOLE   42,260 0 0
Activision Blizzard Inc COM 00507V109 4,371 93,855 SH   SOLE   93,855 0 0
Adidas AG COM 00687A107 542 5,200 SH   SOLE   5,200 0 0
Adobe Inc COM 00724F101 17,704 78,254 SH   SOLE   78,254 0 0
Air Products & Chemicals, Inc. COM 009158106 4,202 26,255 SH   SOLE   26,255 0 0
Albemarle Corp COM 012653101 3,126 40,565 SH   SOLE   40,565 0 0
Alexion Pharmaceuticals Inc COM 015351109 2,828 29,050 SH   SOLE   29,050 0 0
Alibaba Group Holdings COM 01609W102 5,628 41,060 SH   SOLE   41,060 0 0
Allergan PLC COM G0177J108 3,352 25,080 SH   SOLE   25,080 0 0
AllianceBernstein Holding LP COM 01881G106 216 7,900 SH   SOLE   7,900 0 0
Allstate Corp COM 020002101 3,299 39,925 SH   SOLE   39,925 0 0
Alphabet Inc Class A COM 02079K305 26,542 25,400 SH   SOLE   25,400 0 0
Alphabet Inc Class C COM 02079K107 26,374 25,467 SH   SOLE   25,467 0 0
Altria Group, Inc. COM 02209S103 14,030 284,075 SH   SOLE   284,075 0 0
Amadeus IT Group COM 02263T104 693 9,900 SH   SOLE   9,900 0 0
Amazon.com, Inc. COM 023135106 43,662 29,070 SH   SOLE   29,070 0 0
Ambev SA ADR COM 02319V103 456 116,250 SH   SOLE   116,250 0 0
America Movil SA de CV ADR COM 02364W105 385 27,050 SH   SOLE   27,050 0 0
American Campus Communities COM 024835100 2,678 64,700 SH   SOLE   64,700 0 0
American Electric Power COM 025537101 4,467 59,765 SH   SOLE   59,765 0 0
American Express COM 025816109 12,442 130,525 SH   SOLE   130,525 0 0
American States Water Co COM 029899101 2,212 33,000 SH   SOLE   33,000 0 0
Anadarko Petroleum Corp. COM 032511107 3,275 74,700 SH   SOLE   74,700 0 0
Anheuser-Busch COM 03524A108 5,342 81,170 SH   SOLE   81,170 0 0
Anthem Inc COM 036752103 17,060 64,960 SH   SOLE   64,960 0 0
Apollo Global Management LLC COM 037612306 272 11,100 SH   SOLE   11,100 0 0
Apple Inc COM 037833100 69,452 440,295 SH   SOLE   440,295 0 0
Ares Capital Corp COM 04010L103 252 16,200 SH   SOLE   16,200 0 0
Arthur J. Gallagher & Co. COM 363576109 9,968 135,250 SH   SOLE   135,250 0 0
AstraZeneca Group PLC ADR COM 046353108 1,001 26,350 SH   SOLE   26,350 0 0
AT&T Inc. COM 00206R102 14,346 502,654 SH   SOLE   502,654 0 0
Atmos Energy Corp. COM 049560105 1,278 13,781 SH   SOLE   13,781 0 0
AXA SA ADR COM 054536107 567 26,300 SH   SOLE   26,300 0 0
Baidu.com COM 056752108 480 3,025 SH   SOLE   3,025 0 0
Baker Hughes A GE Co COM 05722G100 227 10,569 SH   SOLE   10,569 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 321 60,716 SH   SOLE   60,716 0 0
Banco de Chile ADR COM 059520106 428 14,952 SH   SOLE   14,952 0 0
Banco Santander Central Hispan COM 05964H105 262 58,500 SH   SOLE   58,500 0 0
Bank of New York Mellon Corp. COM 064058100 11,121 236,272 SH   SOLE   236,272 0 0
Barclays PLC ADR COM 06738E204 261 34,600 SH   SOLE   34,600 0 0
BASF SE ADR COM 055262505 998 57,800 SH   SOLE   57,800 0 0
BB&T Corporation COM 054937107 4,124 95,190 SH   SOLE   95,190 0 0
Becton Dickinson and Co COM 075887109 1,598 7,091 SH   SOLE   7,091 0 0
BHP Billiton Ltd. ADR COM 088606108 1,085 22,475 SH   SOLE   22,475 0 0
Biomarin Pharmaceutical Inc COM 09061G101 2,392 28,095 SH   SOLE   28,095 0 0
Blackstone Group LP COM 09253U108 1,585 53,155 SH   SOLE   53,155 0 0
Bloomin Brands Inc COM 094235108 3,315 185,325 SH   SOLE   185,325 0 0
Boeing Company COM 097023105 41,103 127,450 SH   SOLE   127,450 0 0
Boston Properties Inc COM 101121101 533 4,740 SH   SOLE   4,740 0 0
BP plc ADR COM 055622104 2,281 60,150 SH   SOLE   60,150 0 0
Brambles LTD COM 105105209 552 39,000 SH   SOLE   39,000 0 0
Brighthouse Financial Inc COM 10922N103 426 13,983 SH   SOLE   13,983 0 0
British American Tob SP ADR COM 110448107 779 24,450 SH   SOLE   24,450 0 0
Broadcom Inc COM 11135f101 7,555 29,713 SH   SOLE   29,713 0 0
Callon Petroleum Co COM 13123X102 2,485 382,915 SH   SOLE   382,915 0 0
Canadian Solar Inc COM 136635109 191 13,325 SH   SOLE   13,325 0 0
Capital One Financial COM 14040H105 6,325 83,675 SH   SOLE   83,675 0 0
Carrizo Oil & Gas Inc COM 144577103 874 77,410 SH   SOLE   77,410 0 0
Caterpillar Inc. COM 149123101 5,945 46,785 SH   SOLE   46,785 0 0
Celgene Corp. COM 151020104 5,547 86,545 SH   SOLE   86,545 0 0
Cemex SAB de CV ADR COM 151290889 84 17,486 SH   SOLE   17,486 0 0
CenturyLink Inc COM 156700106 205 13,500 SH   SOLE   13,500 0 0
CGI Inc COM 12532h104 730 11,925 SH   SOLE   11,925 0 0
Charles Schwab Corp. COM 808513105 11,396 274,400 SH   SOLE   274,400 0 0
Chart Industries Inc COM 16115Q308 4,661 71,680 SH   SOLE   71,680 0 0
Cheniere Energy Inc COM 16411R208 6,868 116,032 SH   SOLE   116,032 0 0
Chevron Corp. COM 166764100 16,149 148,445 SH   SOLE   148,445 0 0
Church & Dwight Co. COM 171340102 12,005 182,560 SH   SOLE   182,560 0 0
Cielo SA COM 171778202 183 79,725 SH   SOLE   79,725 0 0
Cigna Corp COM 125523100 3,559 18,742 SH   SOLE   18,742 0 0
Cincinnati Financial COM 172062101 1,123 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243V102 644 18,000 SH   SOLE   18,000 0 0
Cisco Systems COM 17275R102 19,134 441,585 SH   SOLE   441,585 0 0
Citigroup Inc. COM 172967424 9,915 190,455 SH   SOLE   190,455 0 0
CK Hutchison Holdings Limited COM 12562Y100 898 94,694 SH   SOLE   94,694 0 0
CMS Energy Corp. COM 125896100 5,887 118,560 SH   SOLE   118,560 0 0
Coca-Cola COM 191216100 724 15,300 SH   SOLE   15,300 0 0
Cognizant Tech Solutions Corp. COM 192446102 4,572 72,017 SH   SOLE   72,017 0 0
Columbia Sportswear Co COM 198516106 6,744 80,200 SH   SOLE   80,200 0 0
Comcast Corp COM 20030N101 10,980 322,475 SH   SOLE   322,475 0 0
Comerica, Inc. COM 200340107 1,305 19,000 SH   SOLE   19,000 0 0
Constellation Brands COM 21036P108 10,650 66,225 SH   SOLE   66,225 0 0
Continental Resources Inc COM 212015101 3,551 88,355 SH   SOLE   88,355 0 0
Corning Inc. COM 219350105 5,374 177,880 SH   SOLE   177,880 0 0
Costco Co. COM 22160K105 8,621 42,320 SH   SOLE   42,320 0 0
Covanta Holding Corp COM 22282E102 282 21,050 SH   SOLE   21,050 0 0
Crown Castle International Cor COM 22822V101 7,072 65,105 SH   SOLE   65,105 0 0
CTRIP.COM International ADR COM 22943F100 303 11,200 SH   SOLE   11,200 0 0
Cummins Inc COM 231021106 5,164 38,640 SH   SOLE   38,640 0 0
CVS Health Corp COM 126650100 8,207 125,254 SH   SOLE   125,254 0 0
Daimler AG ADR COM D1668R123 855 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 16,370 158,750 SH   SOLE   158,750 0 0
Danone ADR COM 23636T100 520 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 11,548 115,645 SH   SOLE   115,645 0 0
Davita Inc COM 23918K108 4,881 94,850 SH   SOLE   94,850 0 0
Delek US Holding Inc COM 24665A103 3,518 108,223 SH   SOLE   108,223 0 0
Deutsche Post AG ADR COM 25157Y202 273 10,000 SH   SOLE   10,000 0 0
Diageo PLC ADR COM 25243Q205 1,606 11,325 SH   SOLE   11,325 0 0
Diamondback Energy Inc COM 25278X109 2,116 22,828 SH   SOLE   22,828 0 0
Digital Realty COM 253868103 639 6,000 SH   SOLE   6,000 0 0
Discovery Inc COM 25470F104 4,331 175,050 SH   SOLE   175,050 0 0
Dollar General COM 256677105 7,360 68,100 SH   SOLE   68,100 0 0
Dominion Energy Inc COM 25746U109 3,473 48,600 SH   SOLE   48,600 0 0
DowDuPont Inc COM 26078J100 3,865 72,271 SH   SOLE   72,271 0 0
Duke Energy Corp. COM 26441C204 6,784 78,615 SH   SOLE   78,615 0 0
Duke Realty Corp. COM 264411505 1,935 74,700 SH   SOLE   74,700 0 0
Eagle Materials Inc COM 26969P108 2,653 43,465 SH   SOLE   43,465 0 0
Edison Int'l COM 281020107 2,215 39,025 SH   SOLE   39,025 0 0
Electronic Arts Inc. COM 285512109 3,123 39,575 SH   SOLE   39,575 0 0
Enbridge Inc COM 29250N105 1,607 51,697 SH   SOLE   51,697 0 0
ENI SPA ADR COM 26874R108 708 22,475 SH   SOLE   22,475 0 0
Enterprise Products Partners L COM 293792107 821 33,400 SH   SOLE   33,400 0 0
EOG Resources COM 26875P101 7,609 87,250 SH   SOLE   87,250 0 0
EPAM Systems Inc COM 29414B104 4,954 42,700 SH   SOLE   42,700 0 0
EPR Properties COM 26884U109 2,822 44,080 SH   SOLE   44,080 0 0
Equity Residential Properties COM 29476L107 2,241 33,950 SH   SOLE   33,950 0 0
Essex Property Trust Inc COM 297178105 1,015 4,140 SH   SOLE   4,140 0 0
Exact Sciences Corp COM 30063P105 10,419 165,120 SH   SOLE   165,120 0 0
Expedia Group Inc COM 30212P303 3,995 35,460 SH   SOLE   35,460 0 0
Exxon Mobil Corp. COM 30231G102 17,621 258,404 SH   SOLE   258,404 0 0
Facebook Inc COM 30303M102 22,777 173,751 SH   SOLE   173,751 0 0
Fanuc Corp COM 307305102 453 29,825 SH   SOLE   29,825 0 0
Fedex Corp. COM 31428X106 4,705 29,165 SH   SOLE   29,165 0 0
Ferrovial SA COM 315437103 582 28,795 SH   SOLE   28,795 0 0
Fifth Third Bancorp COM 316773100 4,217 179,210 SH   SOLE   179,210 0 0
Flowserve Corp. COM 34354P105 4,679 123,075 SH   SOLE   123,075 0 0
Fomento Economico Mexicana-SP COM 344419106 615 7,150 SH   SOLE   7,150 0 0
Ford Motor Co. COM 345370860 2,038 266,420 SH   SOLE   266,420 0 0
Fortinet Inc COM 34959E109 7,871 111,750 SH   SOLE   111,750 0 0
Fortive Corp COM 34959J108 5,371 79,375 SH   SOLE   79,375 0 0
Four Corners Property Trust In COM 35086T109 1,328 50,706 SH   SOLE   50,706 0 0
Freeport-McMoRan Inc COM 35671D857 139 13,500 SH   SOLE   13,500 0 0
Galapagos NV COM 36315X101 321 3,500 SH   SOLE   3,500 0 0
Garrett Motion Inc COM 366505105 141 11,419 SH   SOLE   11,419 0 0
General Electric Co. COM 369604103 5,907 780,375 SH   SOLE   780,375 0 0
General Motors Inc COM 37045V100 3,631 108,545 SH   SOLE   108,545 0 0
Getinge AB COM 37427X104 302 33,475 SH   SOLE   33,475 0 0
Gilead Science Inc COM 375558103 6,453 103,165 SH   SOLE   103,165 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,259 32,950 SH   SOLE   32,950 0 0
Goldcorp Inc COM 380956409 3,098 316,145 SH   SOLE   316,145 0 0
Goldman Sachs Group COM 38141G104 9,839 58,900 SH   SOLE   58,900 0 0
Grifols SA ADR COM 398438408 397 21,650 SH   SOLE   21,650 0 0
Grupo Televisa SA ADR COM 40049J206 137 10,925 SH   SOLE   10,925 0 0
Guidewire Software Inc COM 40171V100 4,469 55,700 SH   SOLE   55,700 0 0
Halliburton Co. COM 406216101 3,665 137,895 SH   SOLE   137,895 0 0
HCP Inc COM 40414L109 981 35,140 SH   SOLE   35,140 0 0
Hitachi Ltd. ADR COM 433578507 508 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 822 20,000 SH   SOLE   20,000 0 0
Home Depot, Inc. COM 437076102 32,536 189,360 SH   SOLE   189,360 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,378 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 15,087 114,190 SH   SOLE   114,190 0 0
Host Hotels & Resorts Inc. COM 44107P104 7,165 429,805 SH   SOLE   429,805 0 0
HP Inc COM 40434L105 341 16,650 SH   SOLE   16,650 0 0
HSBC Holdings ADR COM 404280406 588 14,300 SH   SOLE   14,300 0 0
Icahn Enterprises LP COM 451100101 317 5,550 SH   SOLE   5,550 0 0
Icon PLC ADR COM G4705A100 956 7,400 SH   SOLE   7,400 0 0
Infineon Technologies ADR COM 45662N103 731 36,825 SH   SOLE   36,825 0 0
Infosys Ltd ADR COM 456788108 2,963 311,200 SH   SOLE   311,200 0 0
Ingenico Group COM 45684W107 209 18,475 SH   SOLE   18,475 0 0
Intel Corp. COM 458140100 15,677 334,055 SH   SOLE   334,055 0 0
International Business Machine COM 459200101 1,928 16,962 SH   SOLE   16,962 0 0
Intesa Sanpaolo ADR COM 46115H107 145 10,899 SH   SOLE   10,899 0 0
Iqiyi Inc COM 46267X108 171 11,475 SH   SOLE   11,475 0 0
Iron Mountain Inc. COM 46284V101 6,548 202,035 SH   SOLE   202,035 0 0
Itau Unibanco Holding SA ADR COM 465562106 455 49,808 SH   SOLE   49,808 0 0
JD.com Inc COM 47215P106 2,446 116,850 SH   SOLE   116,850 0 0
Johnson & Johnson COM 478160104 26,410 204,650 SH   SOLE   204,650 0 0
JPMorgan Chase & Co. COM 46625H100 30,278 310,157 SH   SOLE   310,157 0 0
Kellogg Co. COM 487836108 2,088 36,620 SH   SOLE   36,620 0 0
Kimco Realty Corp. COM 49446R109 725 49,475 SH   SOLE   49,475 0 0
Kinder Morgan Inc. COM 49456B101 1,473 95,802 SH   SOLE   95,802 0 0
Kingfisher PLC ADR COM 495724403 137 26,000 SH   SOLE   26,000 0 0
Kirin Holdings Co ADR COM 497350306 698 33,300 SH   SOLE   33,300 0 0
KKR & Co Inc COM 48251w104 308 15,700 SH   SOLE   15,700 0 0
Koninklijke Ahold Delhaize NV COM 500467501 377 14,953 SH   SOLE   14,953 0 0
Koninklijke Philips NV ADR COM 500472303 298 8,500 SH   SOLE   8,500 0 0
Korea Electric Power Corp COM 500631106 458 31,075 SH   SOLE   31,075 0 0
Kroger Co COM 501044101 5,811 211,300 SH   SOLE   211,300 0 0
Kubota Corp-Spon ADR COM 501173207 347 4,875 SH   SOLE   4,875 0 0
Las Vegas Sands COM 517834107 243 4,675 SH   SOLE   4,675 0 0
Liberty Property Trust COM 531172104 1,761 42,040 SH   SOLE   42,040 0 0
Lilly (Eli) & Co. COM 532457108 16,267 140,570 SH   SOLE   140,570 0 0
Logitech International SA ADR COM H50430232 1,314 42,020 SH   SOLE   42,020 0 0
Lowe's Co. COM 548661107 21,046 227,870 SH   SOLE   227,870 0 0
Luxottica Group SPA ADR COM 55068R202 426 7,200 SH   SOLE   7,200 0 0
Lyondellbassel Industries N.V. COM N53745100 2,886 34,700 SH   SOLE   34,700 0 0
Macerich Co. COM 554382101 937 21,659 SH   SOLE   21,659 0 0
Mack-Cali Realty Corp. COM 554489104 235 12,000 SH   SOLE   12,000 0 0
Marathon Petroleum Corp. COM 56585A102 3,710 62,872 SH   SOLE   62,872 0 0
Marriott International COM 571903202 7,912 72,880 SH   SOLE   72,880 0 0
Marriott Vacation World COM 57164Y107 456 6,473 SH   SOLE   6,473 0 0
Marsh & McLennan Companies, In COM 571748102 16,218 203,360 SH   SOLE   203,360 0 0
McCormick & Co. COM 579780206 11,778 84,585 SH   SOLE   84,585 0 0
McDonald's Corp. COM 580135101 15,212 85,665 SH   SOLE   85,665 0 0
Mckesson HBOC Inc. COM 58155Q103 1,587 14,370 SH   SOLE   14,370 0 0
Medtronic Inc COM G5960L103 6,726 73,945 SH   SOLE   73,945 0 0
Mercadolibre Inc ADR COM 58733R102 1,691 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933Y105 16,725 218,890 SH   SOLE   218,890 0 0
Metlife Inc COM 59156R108 6,316 153,835 SH   SOLE   153,835 0 0
Micron Technology Inc. COM 595112103 3,225 101,650 SH   SOLE   101,650 0 0
Microsoft Corp COM 594918104 61,902 609,448 SH   SOLE   609,448 0 0
Minerals Technologies Inc COM 603158106 2,646 51,540 SH   SOLE   51,540 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,201 246,550 SH   SOLE   246,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 439 1,425 SH   SOLE   1,425 0 0
Mohawk Industries Inc. COM 608190104 2,128 18,195 SH   SOLE   18,195 0 0
Molson Coors Brewing Company COM 60871R209 5,314 94,630 SH   SOLE   94,630 0 0
Momo Inc COM 60879B107 223 9,375 SH   SOLE   9,375 0 0
Morgan Stanley, Dean Witter, D COM 617446448 7,173 180,900 SH   SOLE   180,900 0 0
MRC Global Inc COM 55345K103 1,857 151,850 SH   SOLE   151,850 0 0
National Grid PLC COM 636274409 451 9,400 SH   SOLE   9,400 0 0
Netflix Inc COM 64110L106 8,848 33,055 SH   SOLE   33,055 0 0
New York Community Bancorp COM 649445103 95 10,100 SH   SOLE   10,100 0 0
NextEra Energy Inc COM 65339F101 6,920 39,810 SH   SOLE   39,810 0 0
NICE Ltd ADR COM 653656108 752 6,950 SH   SOLE   6,950 0 0
Nintendo Co Ltd COM 654445303 311 9,325 SH   SOLE   9,325 0 0
Nippon Telegraph & Telephone C COM 654624105 2,568 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 4,177 164,780 SH   SOLE   164,780 0 0
Nokia Corp ADR COM 654902204 502 86,225 SH   SOLE   86,225 0 0
Norsk Hydro ASA ADR COM 656531605 91 20,000 SH   SOLE   20,000 0 0
Northrop Grumman Corp. COM 666807102 12,217 49,885 SH   SOLE   49,885 0 0
Novartis ADR COM 66987V109 2,883 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 2,856 62,000 SH   SOLE   62,000 0 0
Nutrien LTD COM 67077M108 4,135 87,972 SH   SOLE   87,972 0 0
NVIDIA Corp. COM 67066G104 5,400 40,450 SH   SOLE   40,450 0 0
Omega Healthcare Investors COM 681936100 317 9,025 SH   SOLE   9,025 0 0
Oracle Corp. COM 68389X105 10,948 242,484 SH   SOLE   242,484 0 0
Outfront Media Inc COM 69007J106 235 12,950 SH   SOLE   12,950 0 0
Pacwest Bancorp COM 695263103 211 6,350 SH   SOLE   6,350 0 0
Palo Alto Networks Inc COM 697435105 3,360 17,840 SH   SOLE   17,840 0 0
Panasonic Corp ADR COM 69832A205 562 62,200 SH   SOLE   62,200 0 0
Parsley Energy Inc COM 701877102 1,297 81,185 SH   SOLE   81,185 0 0
Pattern Energy Group Inc COM 70338P100 215 11,550 SH   SOLE   11,550 0 0
PepsiCo, Inc. COM 713448108 13,632 123,390 SH   SOLE   123,390 0 0
Pfizer, Inc. COM 717081103 21,323 488,492 SH   SOLE   488,492 0 0
Philip Morris International In COM 718172109 2,521 37,760 SH   SOLE   37,760 0 0
Plains All American Pipeline L COM 726503105 238 11,865 SH   SOLE   11,865 0 0
PNC Financial Services Group COM 693475105 16,570 141,734 SH   SOLE   141,734 0 0
PPG Industries, Inc. COM 693506107 680 6,650 SH   SOLE   6,650 0 0
PPL Corp. COM 69351T106 1,902 67,130 SH   SOLE   67,130 0 0
Prada SPA ADR COM 73942H100 205 31,100 SH   SOLE   31,100 0 0
Principal Financial Group COM 74251V102 5,410 122,490 SH   SOLE   122,490 0 0
Procter & Gamble Inc COM 742718109 24,552 267,100 SH   SOLE   267,100 0 0
Prologis Trust COM 74340W103 8,034 136,820 SH   SOLE   136,820 0 0
Prudential Financial, Inc. COM 744320102 8,624 105,745 SH   SOLE   105,745 0 0
PTC Inc COM 69370C100 4,822 58,164 SH   SOLE   58,164 0 0
Public Service Enterprise Grou COM 744573106 2,009 38,600 SH   SOLE   38,600 0 0
Qualcomm Inc. COM 747525103 5,400 94,882 SH   SOLE   94,882 0 0
Quest Diagnostics Inc COM 74834L100 903 10,850 SH   SOLE   10,850 0 0
Red Hat Inc. COM 756577102 7,581 43,160 SH   SOLE   43,160 0 0
Regions Financial Corp. COM 7591EP100 249 18,610 SH   SOLE   18,610 0 0
Repsol SA ADR COM 76026T205 188 11,700 SH   SOLE   11,700 0 0
Resideo Technologies Inc COM 76118Y104 391 19,031 SH   SOLE   19,031 0 0
Rexnord Corp COM 76169B102 2,885 125,710 SH   SOLE   125,710 0 0
RingCentral Inc COM 76680R206 9,098 110,360 SH   SOLE   110,360 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 904 29,300 SH   SOLE   29,300 0 0
Royal Dutch Shell PLC ADR COM 780259206 1,454 24,950 SH   SOLE   24,950 0 0
Sabra Health Care REIT Inc COM 78573L106 185 11,201 SH   SOLE   11,201 0 0
Salesforce.com Inc COM 79466L302 8,672 63,314 SH   SOLE   63,314 0 0
Sanofi ADR COM 80105N105 1,710 39,400 SH   SOLE   39,400 0 0
Santos Ltd ADR COM 803021807 169 44,800 SH   SOLE   44,800 0 0
SAP SE COM 803054204 2,071 20,800 SH   SOLE   20,800 0 0
Schlumberger Ltd. COM 806857108 6,420 177,936 SH   SOLE   177,936 0 0
Schneider Electric SE ADR COM 80687P106 284 20,775 SH   SOLE   20,775 0 0
Seagate Technology COM G7945M107 355 9,200 SH   SOLE   9,200 0 0
Sealed Air Corp. COM 81211K100 2,749 78,900 SH   SOLE   78,900 0 0
Sensata Technologies Holding P COM g8060n102 555 12,375 SH   SOLE   12,375 0 0
Servicenow Inc COM 81762P102 5,105 28,671 SH   SOLE   28,671 0 0
Ship Finance Intl Ltd COM G81075106 194 18,400 SH   SOLE   18,400 0 0
Simon Property Group, Inc. COM 828806109 2,213 13,172 SH   SOLE   13,172 0 0
Singapore Telecom-SP ADR COM 82929R304 723 33,630 SH   SOLE   33,630 0 0
Splunk Inc COM 848637104 6,039 57,600 SH   SOLE   57,600 0 0
Starbucks Corp. COM 855244109 7,103 110,290 SH   SOLE   110,290 0 0
STMicroelect4ronics NV COM 861012102 488 35,150 SH   SOLE   35,150 0 0
Subsea 7 Sa ADR COM 864323100 233 23,900 SH   SOLE   23,900 0 0
Sun Hung Kai Prop Ltd COM 86676H302 353 24,775 SH   SOLE   24,775 0 0
Swisscom AG ADR COM 871013108 364 7,600 SH   SOLE   7,600 0 0
T Mobile US Inc COM 872590104 3,942 61,975 SH   SOLE   61,975 0 0
Taiwan Semiconductor Manufactu COM 874039100 2,155 58,386 SH   SOLE   58,386 0 0
Take-Two Interactive Software COM 874054109 3,503 34,030 SH   SOLE   34,030 0 0
Target Corp. COM 87612E106 9,952 150,575 SH   SOLE   150,575 0 0
TDK Corp. ADR COM 872351408 274 3,900 SH   SOLE   3,900 0 0
Telenor ASA ADR COM 87944W105 522 27,000 SH   SOLE   27,000 0 0
Tencent Holdings LTD-UNS ADR COM 88032Q109 522 13,225 SH   SOLE   13,225 0 0
Texas Instruments COM 882508104 6,138 64,952 SH   SOLE   64,952 0 0
The Travelers Companies, Inc. COM 89417E109 7,199 60,116 SH   SOLE   60,116 0 0
Thermo Fisher Scientific Inc COM 883556102 14,692 65,650 SH   SOLE   65,650 0 0
Thomson Reuters Corp COM 884903709 562 11,642 SH   SOLE   11,642 0 0
Tokio Marine Holdings Inc ADR COM 889094108 1,157 24,250 SH   SOLE   24,250 0 0
Total SA ADR COM 89151E109 1,795 34,400 SH   SOLE   34,400 0 0
Total System Services COM 891906109 6,272 77,150 SH   SOLE   77,150 0 0
Toyota Motor Corp. ADR COM 892331307 3,331 28,700 SH   SOLE   28,700 0 0
Tractor Supply Company COM 892356106 2,128 25,500 SH   SOLE   25,500 0 0
Transcanada Corp COM 89353D107 486 13,605 SH   SOLE   13,605 0 0
Tupperware Brands Corp COM 899896104 1,029 32,600 SH   SOLE   32,600 0 0
U.S. Bancorp COM 902973304 12,589 275,467 SH   SOLE   275,467 0 0
UBS Group AG COM H42097107 336 27,120 SH   SOLE   27,120 0 0
Unilever PLC ADR COM 904767704 1,914 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 8,031 58,100 SH   SOLE   58,100 0 0
United Health Group Inc. COM 91324P102 27,708 111,225 SH   SOLE   111,225 0 0
United Parcel Services Cl B COM 911312106 9,626 98,700 SH   SOLE   98,700 0 0
United Technologies COM 913017109 14,061 132,053 SH   SOLE   132,053 0 0
Valero Energy Corp. COM 91913Y100 3,109 41,475 SH   SOLE   41,475 0 0
Verizon Communications Inc COM 92343V104 14,633 260,273 SH   SOLE   260,273 0 0
Vertex Pharmaceuticals Inc COM 92532F100 4,644 28,025 SH   SOLE   28,025 0 0
Visa Inc COM 92826C839 9,988 75,698 SH   SOLE   75,698 0 0
Vulcan Materials COM 929160109 2,649 26,810 SH   SOLE   26,810 0 0
Walgreens Boots Alliance Inc COM 931427108 7,168 104,905 SH   SOLE   104,905 0 0
Walmart Stores Inc COM 931142103 13,797 148,120 SH   SOLE   148,120 0 0
Walt Disney Co. COM 254687106 15,019 136,975 SH   SOLE   136,975 0 0
Weibo Corp COM 948596101 282 4,825 SH   SOLE   4,825 0 0
Wells Fargo Co. COM 949746101 14,243 309,093 SH   SOLE   309,093 0 0
Welltower Inc COM 95040Q104 1,262 18,180 SH   SOLE   18,180 0 0
Western Digital COM 958102105 2,609 70,575 SH   SOLE   70,575 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 2,655 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 639 29,000 SH   SOLE   29,000 0 0
WNS Holdings LTD COM 92932M101 4,752 115,175 SH   SOLE   115,175 0 0
WPP PLC ADR COM 92937A102 323 5,900 SH   SOLE   5,900 0 0
Wright Medical Group NV COM N96617118 562 20,650 SH   SOLE   20,650 0 0
Yum China Holdings Inc COM 98850P109 534 15,925 SH   SOLE   15,925 0 0
YY Inc COM 98426T106 263 4,400 SH   SOLE   4,400 0 0
Zoetis COM 98978V103 7,339 85,795 SH   SOLE   85,795 0 0
Tidewater Inc-wts COM 88642R133 258 7,643 SH   SOLE   7,643 0 0
Wisdomtree Emerging Markets Hi COM 97717W315 678 16,900 SH   SOLE   16,900 0 0