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 676 34,350 SH   SOLE   34,350 0 0
Abbott Labs COM 002824100 11,311 135,190 SH   SOLE   135,190 0 0
Abbvie Inc COM 00287Y109 10,600 139,990 SH   SOLE   139,990 0 0
Accenture PLC CL A COM G1151C101 5,608 29,157 SH   SOLE   29,157 0 0
Activision Blizzard Inc COM 00507V109 4,967 93,855 SH   SOLE   93,855 0 0
Adidas AG COM 00687A107 810 5,200 SH   SOLE   5,200 0 0
Adobe Inc COM 00724F101 21,618 78,254 SH   SOLE   78,254 0 0
Air Products & Chemicals, Inc. COM 009158106 5,825 26,255 SH   SOLE   26,255 0 0
Albemarle Corp COM 012653101 2,820 40,565 SH   SOLE   40,565 0 0
Alcon Inc COM H01301128 392 6,720 SH   SOLE   6,720 0 0
Alexion Pharmaceuticals Inc COM 015351109 2,845 29,050 SH   SOLE   29,050 0 0
Alibaba Group Holdings COM 01609W102 5,537 33,109 SH   SOLE   33,109 0 0
Align Technology COM 016255101 3,114 17,210 SH   SOLE   17,210 0 0
Allergan PLC COM G0177J108 4,221 25,080 SH   SOLE   25,080 0 0
AllianceBernstein Holding LP COM 01881G106 232 7,900 SH   SOLE   7,900 0 0
Allstate Corp COM 020002101 4,339 39,925 SH   SOLE   39,925 0 0
Alphabet Inc Class A COM 02079K305 31,017 25,400 SH   SOLE   25,400 0 0
Alphabet Inc Class C COM 02079K107 31,044 25,467 SH   SOLE   25,467 0 0
Altria Group, Inc. COM 02209S103 5,910 144,500 SH   SOLE   144,500 0 0
Amadeus IT Group COM 02263T104 709 9,900 SH   SOLE   9,900 0 0
Amazon.com, Inc. COM 023135106 50,463 29,070 SH   SOLE   29,070 0 0
Ambev SA ADR COM 02319V103 537 116,250 SH   SOLE   116,250 0 0
America Movil SA de CV ADR COM 02364W105 402 27,050 SH   SOLE   27,050 0 0
American Campus Communities COM 024835100 3,111 64,700 SH   SOLE   64,700 0 0
American Electric Power COM 025537101 5,599 59,765 SH   SOLE   59,765 0 0
American Express COM 025816109 15,438 130,525 SH   SOLE   130,525 0 0
American States Water Co COM 029899101 2,965 33,000 SH   SOLE   33,000 0 0
American Water Works Co Inc COM 030420103 4,055 32,645 SH   SOLE   32,645 0 0
Anheuser-Busch COM 03524A108 7,723 81,170 SH   SOLE   81,170 0 0
Anthem Inc COM 036752103 9,893 41,205 SH   SOLE   41,205 0 0
Apollo Global Management Inc COM 03768e105 420 11,100 SH   SOLE   11,100 0 0
Apple Inc COM 037833100 83,355 372,170 SH   SOLE   372,170 0 0
Ares Capital Corp COM 04010L103 302 16,200 SH   SOLE   16,200 0 0
Arthur J. Gallagher & Co. COM 363576109 12,114 135,250 SH   SOLE   135,250 0 0
AstraZeneca Group PLC ADR COM 046353108 1,174 26,350 SH   SOLE   26,350 0 0
AT&T Inc. COM 00206R102 19,020 502,654 SH   SOLE   502,654 0 0
Atmos Energy Corp. COM 049560105 1,570 13,781 SH   SOLE   13,781 0 0
AXA SA ADR COM 054536107 672 26,300 SH   SOLE   26,300 0 0
Baidu.com COM 056752108 311 3,025 SH   SOLE   3,025 0 0
Baker Hughes Co COM 05722G100 245 10,569 SH   SOLE   10,569 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 316 60,716 SH   SOLE   60,716 0 0
Banco de Chile ADR COM 059520106 420 14,952 SH   SOLE   14,952 0 0
Banco Santander Central Hispan COM 05964H105 235 58,500 SH   SOLE   58,500 0 0
Bank of New York Mellon Corp. COM 064058100 6,407 141,727 SH   SOLE   141,727 0 0
Barclays PLC ADR COM 06738E204 254 34,600 SH   SOLE   34,600 0 0
BASF SE ADR COM 055262505 1,010 57,800 SH   SOLE   57,800 0 0
BB&T Corporation COM 054937107 5,080 95,190 SH   SOLE   95,190 0 0
Becton Dickinson and Co COM 075887109 1,794 7,091 SH   SOLE   7,091 0 0
BHP Billiton Ltd. ADR COM 088606108 1,110 22,475 SH   SOLE   22,475 0 0
Biomarin Pharmaceutical Inc COM 09061G101 1,894 28,095 SH   SOLE   28,095 0 0
Blackstone Group Inc NPV COM 09260d107 2,596 53,156 SH   SOLE   53,156 0 0
Boeing Company COM 097023105 21,807 57,315 SH   SOLE   57,315 0 0
Boston Properties Inc COM 101121101 615 4,740 SH   SOLE   4,740 0 0
BP plc ADR COM 055622104 2,285 60,150 SH   SOLE   60,150 0 0
Brambles LTD COM 105105209 600 39,000 SH   SOLE   39,000 0 0
British American Tob SP ADR COM 110448107 902 24,450 SH   SOLE   24,450 0 0
Broadcom Inc COM 11135f101 8,203 29,713 SH   SOLE   29,713 0 0
Callon Petroleum Co COM 13123X102 1,662 382,915 SH   SOLE   382,915 0 0
Canadian Solar Inc COM 136635109 252 13,325 SH   SOLE   13,325 0 0
Capital One Financial COM 14040H105 7,613 83,675 SH   SOLE   83,675 0 0
Carrizo Oil & Gas Inc COM 144577103 665 77,410 SH   SOLE   77,410 0 0
Caterpillar Inc. COM 149123101 5,909 46,785 SH   SOLE   46,785 0 0
Celgene Corp. COM 151020104 8,594 86,545 SH   SOLE   86,545 0 0
Cemex SAB de CV ADR COM 151290889 69 17,486 SH   SOLE   17,486 0 0
CenturyLink Inc COM 156700106 168 13,500 SH   SOLE   13,500 0 0
CGI Inc COM 12532h104 944 11,925 SH   SOLE   11,925 0 0
Charles Schwab Corp. COM 808513105 8,607 205,770 SH   SOLE   205,770 0 0
Chart Industries Inc COM 16115Q308 4,470 71,680 SH   SOLE   71,680 0 0
Cheniere Energy Inc COM 16411R208 7,317 116,032 SH   SOLE   116,032 0 0
Chevron Corp. COM 166764100 17,606 148,445 SH   SOLE   148,445 0 0
Church & Dwight Co. COM 171340102 13,736 182,560 SH   SOLE   182,560 0 0
Cielo SA COM 171778202 153 79,725 SH   SOLE   79,725 0 0
Cigna Corp COM 125523100 4,517 29,757 SH   SOLE   29,757 0 0
Cincinnati Financial COM 172062101 1,692 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243V102 696 18,000 SH   SOLE   18,000 0 0
Cisco Systems COM 17275R102 21,819 441,585 SH   SOLE   441,585 0 0
Citigroup Inc. COM 172967424 13,157 190,455 SH   SOLE   190,455 0 0
CK Hutchison Holdings Limited COM 12562Y100 836 94,694 SH   SOLE   94,694 0 0
CMS Energy Corp. COM 125896100 7,582 118,560 SH   SOLE   118,560 0 0
Coca-Cola COM 191216100 833 15,300 SH   SOLE   15,300 0 0
Cognizant Tech Solutions Corp. COM 192446102 4,340 72,017 SH   SOLE   72,017 0 0
Columbia Sportswear Co COM 198516106 7,771 80,200 SH   SOLE   80,200 0 0
Comcast Corp COM 20030N101 14,537 322,475 SH   SOLE   322,475 0 0
Comerica, Inc. COM 200340107 1,254 19,000 SH   SOLE   19,000 0 0
Constellation Brands COM 21036P108 13,727 66,225 SH   SOLE   66,225 0 0
Continental Resources Inc COM 212015101 2,720 88,355 SH   SOLE   88,355 0 0
Corning Inc. COM 219350105 5,073 177,880 SH   SOLE   177,880 0 0
Corteva Inc COM 22052L104 674 24,089 SH   SOLE   24,089 0 0
Costco Co. COM 22160K105 12,193 42,320 SH   SOLE   42,320 0 0
Covanta Holding Corp COM 22282E102 364 21,050 SH   SOLE   21,050 0 0
Crown Castle International Cor COM 22822V101 9,050 65,105 SH   SOLE   65,105 0 0
CTRIP.COM International ADR COM 22943F100 328 11,200 SH   SOLE   11,200 0 0
Cummins Inc COM 231021106 6,286 38,640 SH   SOLE   38,640 0 0
CVS Health Corp COM 126650100 7,900 125,254 SH   SOLE   125,254 0 0
Daimler AG ADR COM D1668R123 804 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 18,868 130,635 SH   SOLE   130,635 0 0
Danone ADR COM 23636T100 652 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 5,813 49,175 SH   SOLE   49,175 0 0
Davita Inc COM 23918K108 5,413 94,850 SH   SOLE   94,850 0 0
Delek US Holding Inc COM 24665A103 3,928 108,223 SH   SOLE   108,223 0 0
Deutsche Post AG ADR COM 25157Y202 334 10,000 SH   SOLE   10,000 0 0
Diageo PLC ADR COM 25243Q205 1,852 11,325 SH   SOLE   11,325 0 0
Diamondback Energy Inc COM 25278X109 2,052 22,828 SH   SOLE   22,828 0 0
Digital Realty COM 253868103 779 6,000 SH   SOLE   6,000 0 0
Discovery Inc COM 25470F104 4,662 175,050 SH   SOLE   175,050 0 0
Dollar General COM 256677105 10,824 68,100 SH   SOLE   68,100 0 0
Dominion Energy Inc COM 25746U109 3,939 48,600 SH   SOLE   48,600 0 0
Dow Inc COM 260557103 1,148 24,088 SH   SOLE   24,088 0 0
Du Pont (E.I.) De Nemours & Co COM 26614N102 1,718 24,088 SH   SOLE   24,088 0 0
Duke Energy Corp. COM 26441C204 7,536 78,615 SH   SOLE   78,615 0 0
Duke Realty Corp. COM 264411505 2,538 74,700 SH   SOLE   74,700 0 0
Eagle Materials Inc COM 26969P108 3,912 43,465 SH   SOLE   43,465 0 0
Edison Int'l COM 281020107 2,943 39,025 SH   SOLE   39,025 0 0
Edwards Lifesciences Corp COM 28176E108 211 960 SH   SOLE   960 0 0
Electronic Arts Inc. COM 285512109 3,871 39,575 SH   SOLE   39,575 0 0
Enbridge Inc COM 29250N105 1,814 51,697 SH   SOLE   51,697 0 0
ENI SPA ADR COM 26874R108 685 22,475 SH   SOLE   22,475 0 0
Enterprise Products Partners L COM 293792107 955 33,400 SH   SOLE   33,400 0 0
EOG Resources COM 26875P101 6,476 87,250 SH   SOLE   87,250 0 0
EPAM Systems Inc COM 29414B104 3,953 21,682 SH   SOLE   21,682 0 0
EPR Properties COM 26884U109 3,388 44,080 SH   SOLE   44,080 0 0
Equity Residential Properties COM 29476L107 2,929 33,950 SH   SOLE   33,950 0 0
Essex Property Trust Inc COM 297178105 1,352 4,140 SH   SOLE   4,140 0 0
Evergy Inc COM 30034W106 3,549 53,320 SH   SOLE   53,320 0 0
Exact Sciences Corp COM 30063P105 11,407 126,225 SH   SOLE   126,225 0 0
Exelon Corp. COM 30161N101 4,920 101,840 SH   SOLE   101,840 0 0
Expedia Group Inc COM 30212P303 4,766 35,460 SH   SOLE   35,460 0 0
Exxon Mobil Corp. COM 30231G102 18,246 258,404 SH   SOLE   258,404 0 0
Facebook Inc COM 30303M102 25,785 144,796 SH   SOLE   144,796 0 0
Fanuc Corp COM 307305102 561 29,825 SH   SOLE   29,825 0 0
Fedex Corp. COM 31428X106 4,246 29,165 SH   SOLE   29,165 0 0
Ferrovial SA COM 315437103 844 29,211 SH   SOLE   29,211 0 0
Fifth Third Bancorp COM 316773100 4,907 179,210 SH   SOLE   179,210 0 0
Flowserve Corp. COM 34354P105 5,749 123,075 SH   SOLE   123,075 0 0
Fomento Economico Mexicana-SP COM 344419106 655 7,150 SH   SOLE   7,150 0 0
Fortive Corp COM 34959J108 5,442 79,375 SH   SOLE   79,375 0 0
Four Corners Property Trust In COM 35086T109 1,434 50,706 SH   SOLE   50,706 0 0
Freeport-McMoRan Inc COM 35671D857 129 13,500 SH   SOLE   13,500 0 0
Galapagos NV COM 36315X101 534 3,500 SH   SOLE   3,500 0 0
Gaming and Leisure Properties COM 36467J108 3,902 102,050 SH   SOLE   102,050 0 0
General Electric Co. COM 369604103 6,977 780,375 SH   SOLE   780,375 0 0
General Motors Inc COM 37045V100 4,068 108,545 SH   SOLE   108,545 0 0
Getinge AB COM 37427X104 469 33,475 SH   SOLE   33,475 0 0
Gilead Science Inc COM 375558103 6,539 103,165 SH   SOLE   103,165 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,406 32,950 SH   SOLE   32,950 0 0
Global Payments Inc. COM 37940X102 9,937 62,499 SH   SOLE   62,499 0 0
Goldman Sachs Group COM 38141G104 12,206 58,900 SH   SOLE   58,900 0 0
Grifols SA ADR COM 398438408 434 21,650 SH   SOLE   21,650 0 0
Grupo Televisa SA ADR COM 40049J206 107 10,925 SH   SOLE   10,925 0 0
Halliburton Co. COM 406216101 2,599 137,895 SH   SOLE   137,895 0 0
HCP Inc COM 40414L109 1,252 35,140 SH   SOLE   35,140 0 0
Hitachi Ltd. ADR COM 433578507 707 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 1,010 20,000 SH   SOLE   20,000 0 0
Home Depot, Inc. COM 437076102 28,940 124,730 SH   SOLE   124,730 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,359 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 19,321 114,190 SH   SOLE   114,190 0 0
Host Hotels & Resorts Inc. COM 44107P104 7,431 429,805 SH   SOLE   429,805 0 0
HP Inc COM 40434L105 315 16,650 SH   SOLE   16,650 0 0
HSBC Holdings ADR COM 404280406 547 14,300 SH   SOLE   14,300 0 0
Icahn Enterprises LP COM 451100101 356 5,550 SH   SOLE   5,550 0 0
Icon PLC ADR COM G4705A100 1,090 7,400 SH   SOLE   7,400 0 0
Infineon Technologies ADR COM 45662N103 663 36,825 SH   SOLE   36,825 0 0
Infosys Ltd ADR COM 456788108 3,538 311,200 SH   SOLE   311,200 0 0
Ingenico Group COM 45684W107 361 18,475 SH   SOLE   18,475 0 0
Insulet Corp COM 45784P101 8,345 50,600 SH   SOLE   50,600 0 0
Intel Corp. COM 458140100 17,214 334,055 SH   SOLE   334,055 0 0
International Business Machine COM 459200101 2,467 16,962 SH   SOLE   16,962 0 0
Intesa Sanpaolo ADR COM 46115H107 155 10,899 SH   SOLE   10,899 0 0
Iqiyi Inc COM 46267X108 185 11,475 SH   SOLE   11,475 0 0
Iron Mountain Inc. COM 46284V101 6,544 202,035 SH   SOLE   202,035 0 0
Itau Unibanco Holding SA ADR COM 465562106 419 49,808 SH   SOLE   49,808 0 0
JD.com Inc COM 47215P106 3,296 116,850 SH   SOLE   116,850 0 0
Johnson & Johnson COM 478160104 26,478 204,650 SH   SOLE   204,650 0 0
JPMorgan Chase & Co. COM 46625H100 36,502 310,157 SH   SOLE   310,157 0 0
Kellogg Co. COM 487836108 2,356 36,620 SH   SOLE   36,620 0 0
Kimco Realty Corp. COM 49446R109 1,033 49,475 SH   SOLE   49,475 0 0
Kinder Morgan Inc. COM 49456B101 1,974 95,802 SH   SOLE   95,802 0 0
Kingfisher PLC ADR COM 495724403 133 26,000 SH   SOLE   26,000 0 0
Kirin Holdings Co ADR COM 497350306 705 33,300 SH   SOLE   33,300 0 0
KKR & Co Inc COM 48251w104 422 15,700 SH   SOLE   15,700 0 0
Koninklijke Ahold Delhaize NV COM 500467501 374 14,953 SH   SOLE   14,953 0 0
Koninklijke Philips NV ADR COM 500472303 392 8,500 SH   SOLE   8,500 0 0
Korea Electric Power Corp COM 500631106 337 31,075 SH   SOLE   31,075 0 0
Kroger Co COM 501044101 5,447 211,300 SH   SOLE   211,300 0 0
Kubota Corp-Spon ADR COM 501173207 369 4,875 SH   SOLE   4,875 0 0
Las Vegas Sands COM 517834107 270 4,675 SH   SOLE   4,675 0 0
Liberty Property Trust COM 531172104 2,158 42,040 SH   SOLE   42,040 0 0
Lilly (Eli) & Co. COM 532457108 15,720 140,570 SH   SOLE   140,570 0 0
Logitech International SA ADR COM H50430232 1,712 42,020 SH   SOLE   42,020 0 0
Lowe's Co. COM 548661107 8,731 79,400 SH   SOLE   79,400 0 0
Lyondellbassel Industries N.V. COM N53745100 3,105 34,700 SH   SOLE   34,700 0 0
Macerich Co. COM 554382101 684 21,659 SH   SOLE   21,659 0 0
Mack-Cali Realty Corp. COM 554489104 260 12,000 SH   SOLE   12,000 0 0
Marathon Petroleum Corp. COM 56585A102 3,819 62,872 SH   SOLE   62,872 0 0
Marriott International COM 571903202 3,954 31,790 SH   SOLE   31,790 0 0
Marriott Vacation World COM 57164Y107 671 6,473 SH   SOLE   6,473 0 0
Marsh & McLennan Companies, In COM 571748102 20,346 203,360 SH   SOLE   203,360 0 0
MasterCard Inc COM 57636Q104 14,054 51,750 SH   SOLE   51,750 0 0
McCormick & Co. COM 579780206 13,221 84,585 SH   SOLE   84,585 0 0
McDonald's Corp. COM 580135101 18,393 85,665 SH   SOLE   85,665 0 0
Mckesson HBOC Inc. COM 58155Q103 1,964 14,370 SH   SOLE   14,370 0 0
Medtronic Inc COM G5960L103 8,032 73,945 SH   SOLE   73,945 0 0
Mercadolibre Inc ADR COM 58733R102 3,183 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933Y105 18,426 218,890 SH   SOLE   218,890 0 0
Metlife Inc COM 59156R108 7,255 153,835 SH   SOLE   153,835 0 0
Micron Technology Inc. COM 595112103 4,356 101,650 SH   SOLE   101,650 0 0
Microsoft Corp COM 594918104 84,732 609,448 SH   SOLE   609,448 0 0
Minerals Technologies Inc COM 603158106 2,736 51,540 SH   SOLE   51,540 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,252 246,550 SH   SOLE   246,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 466 1,425 SH   SOLE   1,425 0 0
Momo Inc COM 60879B107 290 9,375 SH   SOLE   9,375 0 0
Morgan Stanley, Dean Witter, D COM 617446448 7,719 180,900 SH   SOLE   180,900 0 0
MRC Global Inc COM 55345K103 1,842 151,850 SH   SOLE   151,850 0 0
National Grid PLC COM 636274409 509 9,400 SH   SOLE   9,400 0 0
Netflix Inc COM 64110L106 8,846 33,055 SH   SOLE   33,055 0 0
New York Community Bancorp COM 649445103 127 10,100 SH   SOLE   10,100 0 0
Newmont Goldcorp Corp. COM 651639106 3,932 103,693 SH   SOLE   103,693 0 0
NextEra Energy Inc COM 65339F101 9,275 39,810 SH   SOLE   39,810 0 0
NICE Ltd ADR COM 653656108 999 6,950 SH   SOLE   6,950 0 0
Nintendo Co Ltd COM 654445303 432 9,325 SH   SOLE   9,325 0 0
Nippon Telegraph & Telephone C COM 654624105 2,998 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 4,930 164,780 SH   SOLE   164,780 0 0
Nokia Corp ADR COM 654902204 436 86,225 SH   SOLE   86,225 0 0
Norsk Hydro ASA ADR COM 656531605 70 20,000 SH   SOLE   20,000 0 0
Northrop Grumman Corp. COM 666807102 18,696 49,885 SH   SOLE   49,885 0 0
Novartis ADR COM 66987V109 2,920 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 3,205 62,000 SH   SOLE   62,000 0 0
Nutrien LTD COM 67077M108 4,388 87,972 SH   SOLE   87,972 0 0
NVIDIA Corp. COM 67066G104 7,041 40,450 SH   SOLE   40,450 0 0
Occidental Petroleum COM 674599105 975 21,914 SH   SOLE   21,914 0 0
Omega Healthcare Investors COM 681936100 377 9,025 SH   SOLE   9,025 0 0
Oracle Corp. COM 68389X105 13,344 242,484 SH   SOLE   242,484 0 0
Outfront Media Inc COM 69007J106 360 12,950 SH   SOLE   12,950 0 0
Pacwest Bancorp COM 695263103 231 6,350 SH   SOLE   6,350 0 0
Palo Alto Networks Inc COM 697435105 3,636 17,840 SH   SOLE   17,840 0 0
Panasonic Corp ADR COM 69832A205 504 62,200 SH   SOLE   62,200 0 0
Parsley Energy Inc COM 701877102 1,364 81,185 SH   SOLE   81,185 0 0
Pattern Energy Group Inc COM 70338P100 311 11,550 SH   SOLE   11,550 0 0
PayPal Holdings Inc COM 70450Y103 11,245 108,550 SH   SOLE   108,550 0 0
PepsiCo, Inc. COM 713448108 16,917 123,390 SH   SOLE   123,390 0 0
Pfizer, Inc. COM 717081103 17,552 488,492 SH   SOLE   488,492 0 0
Philip Morris International In COM 718172109 2,867 37,760 SH   SOLE   37,760 0 0
Plains All American Pipeline L COM 726503105 246 11,865 SH   SOLE   11,865 0 0
PNC Financial Services Group COM 693475105 11,624 82,934 SH   SOLE   82,934 0 0
PPG Industries, Inc. COM 693506107 788 6,650 SH   SOLE   6,650 0 0
PPL Corp. COM 69351T106 2,114 67,130 SH   SOLE   67,130 0 0
Prada SPA ADR COM 73942H100 181 31,100 SH   SOLE   31,100 0 0
Principal Financial Group COM 74251V102 6,999 122,490 SH   SOLE   122,490 0 0
Procter & Gamble Inc COM 742718109 33,222 267,100 SH   SOLE   267,100 0 0
Prologis Trust COM 74340W103 11,660 136,820 SH   SOLE   136,820 0 0
Prudential Financial, Inc. COM 744320102 3,953 43,945 SH   SOLE   43,945 0 0
PTC Inc COM 69370C100 3,966 58,164 SH   SOLE   58,164 0 0
Public Service Enterprise Grou COM 744573106 2,396 38,600 SH   SOLE   38,600 0 0
Qualcomm Inc. COM 747525103 7,238 94,882 SH   SOLE   94,882 0 0
Quest Diagnostics Inc COM 74834L100 1,161 10,850 SH   SOLE   10,850 0 0
Regions Financial Corp. COM 7591EP100 294 18,610 SH   SOLE   18,610 0 0
Repsol SA ADR COM 76026T205 183 11,700 SH   SOLE   11,700 0 0
Rexnord Corp COM 76169B102 3,400 125,710 SH   SOLE   125,710 0 0
RingCentral Inc COM 76680R206 8,886 70,717 SH   SOLE   70,717 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 1,067 29,300 SH   SOLE   29,300 0 0
Royal Dutch Shell PLC ADR COM 780259206 1,468 24,950 SH   SOLE   24,950 0 0
Sabra Health Care REIT Inc COM 78573L106 257 11,201 SH   SOLE   11,201 0 0
Salesforce.com Inc COM 79466L302 9,398 63,314 SH   SOLE   63,314 0 0
Sanofi ADR COM 80105N105 1,825 39,400 SH   SOLE   39,400 0 0
Santos Ltd ADR COM 803021807 234 44,800 SH   SOLE   44,800 0 0
SAP SE COM 803054204 2,452 20,800 SH   SOLE   20,800 0 0
Schlumberger Ltd. COM 806857108 6,080 177,936 SH   SOLE   177,936 0 0
Schneider Electric SE ADR COM 80687P106 365 20,775 SH   SOLE   20,775 0 0
Seagate Technology COM G7945M107 495 9,200 SH   SOLE   9,200 0 0
Sealed Air Corp. COM 81211K100 3,275 78,900 SH   SOLE   78,900 0 0
Sensata Technologies Holding P COM g8060n102 619 12,375 SH   SOLE   12,375 0 0
Servicenow Inc COM 81762P102 7,278 28,671 SH   SOLE   28,671 0 0
Ship Finance Intl Ltd COM G81075106 258 18,400 SH   SOLE   18,400 0 0
Simon Property Group, Inc. COM 828806109 2,050 13,172 SH   SOLE   13,172 0 0
Singapore Telecom-SP ADR COM 82929R304 754 33,630 SH   SOLE   33,630 0 0
Splunk Inc COM 848637104 4,514 38,301 SH   SOLE   38,301 0 0
Starbucks Corp. COM 855244109 9,752 110,290 SH   SOLE   110,290 0 0
STMicroelect4ronics NV COM 861012102 680 35,150 SH   SOLE   35,150 0 0
Subsea 7 Sa ADR COM 864323100 247 23,900 SH   SOLE   23,900 0 0
Sun Hung Kai Prop Ltd COM 86676H302 356 24,775 SH   SOLE   24,775 0 0
Swisscom AG ADR COM 871013108 375 7,600 SH   SOLE   7,600 0 0
T Mobile US Inc COM 872590104 4,882 61,975 SH   SOLE   61,975 0 0
Taiwan Semiconductor Manufactu COM 874039100 2,714 58,386 SH   SOLE   58,386 0 0
Take-Two Interactive Software COM 874054109 4,265 34,030 SH   SOLE   34,030 0 0
Target Corp. COM 87612E106 16,098 150,575 SH   SOLE   150,575 0 0
TC Energy Corp COM 87807b107 705 13,605 SH   SOLE   13,605 0 0
TDK Corp. ADR COM 872351408 349 3,900 SH   SOLE   3,900 0 0
Telenor ASA ADR COM 87944W105 542 27,000 SH   SOLE   27,000 0 0
Tencent Holdings LTD-UNS ADR COM 88032Q109 557 13,225 SH   SOLE   13,225 0 0
Texas Instruments COM 882508104 4,143 32,057 SH   SOLE   32,057 0 0
The Travelers Companies, Inc. COM 89417E109 8,939 60,116 SH   SOLE   60,116 0 0
Thermo Fisher Scientific Inc COM 883556102 19,122 65,650 SH   SOLE   65,650 0 0
Thomson Reuters Corp COM 884903709 779 11,642 SH   SOLE   11,642 0 0
Tokio Marine Holdings Inc ADR COM 889094108 1,297 24,250 SH   SOLE   24,250 0 0
Total SA ADR COM 89151E109 1,789 34,400 SH   SOLE   34,400 0 0
Toyota Motor Corp. ADR COM 892331307 3,860 28,700 SH   SOLE   28,700 0 0
Tractor Supply Company COM 892356106 2,306 25,500 SH   SOLE   25,500 0 0
Tupperware Brands Corp COM 899896104 517 32,600 SH   SOLE   32,600 0 0
U.S. Bancorp COM 902973304 8,868 160,242 SH   SOLE   160,242 0 0
UBS Group AG COM H42097107 307 27,120 SH   SOLE   27,120 0 0
Unilever PLC ADR COM 904767704 2,202 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 9,411 58,100 SH   SOLE   58,100 0 0
United Health Group Inc. COM 91324P102 19,122 87,990 SH   SOLE   87,990 0 0
United Parcel Services Cl B COM 911312106 7,737 64,575 SH   SOLE   64,575 0 0
United Technologies COM 913017109 18,028 132,052 SH   SOLE   132,052 0 0
Valero Energy Corp. COM 91913Y100 3,535 41,475 SH   SOLE   41,475 0 0
Verizon Communications Inc COM 92343V104 15,710 260,273 SH   SOLE   260,273 0 0
Vertex Pharmaceuticals Inc COM 92532F100 4,748 28,025 SH   SOLE   28,025 0 0
Visa Inc COM 92826C839 18,038 104,865 SH   SOLE   104,865 0 0
Vulcan Materials COM 929160109 4,055 26,810 SH   SOLE   26,810 0 0
Wabtec Corp COM 929740108 246 3,419 SH   SOLE   3,419 0 0
Walgreens Boots Alliance Inc COM 931427108 5,802 104,905 SH   SOLE   104,905 0 0
Walmart Stores Inc COM 931142103 17,579 148,120 SH   SOLE   148,120 0 0
Walt Disney Co. COM 254687106 17,851 136,975 SH   SOLE   136,975 0 0
Weibo Corp COM 948596101 216 4,825 SH   SOLE   4,825 0 0
Wells Fargo Co. COM 949746101 15,591 309,093 SH   SOLE   309,093 0 0
Welltower Inc COM 95040Q104 1,648 18,180 SH   SOLE   18,180 0 0
Western Digital COM 958102105 1,908 31,999 SH   SOLE   31,999 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 3,038 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 698 29,000 SH   SOLE   29,000 0 0
WNS Holdings LTD COM 92932M101 6,767 115,175 SH   SOLE   115,175 0 0
WPP PLC ADR COM 92937A102 369 5,900 SH   SOLE   5,900 0 0
Wright Medical Group NV COM N96617118 426 20,650 SH   SOLE   20,650 0 0
Yum China Holdings Inc COM 98850P109 723 15,925 SH   SOLE   15,925 0 0
YY Inc COM 98426T106 247 4,400 SH   SOLE   4,400 0 0
Zoetis COM 98978V103 10,689 85,795 SH   SOLE   85,795 0 0
Wisdomtree Emerging Markets Hi COM 97717W315 698 16,900 SH   SOLE   16,900 0 0