Ingalls & Snyder 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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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
EATON CORP PLC	COMMON	G2918310	966	14,033	SH		OTR		0	0	14,033
EVEREST RE GROUP LTD	COMMON	G3223R10	599	4,125	SH		OTR		0	0	4,125
TYCO INTERNATIONAL LTD NEW	COMMON	H8912810	6,865	196,280	SH		OTR		0	0	196,280
CORE LABS N.V.	COMMON	N2271710	602	3,561	SH		OTR		200	0	3,361
VISTAPRINT NV	COMMON	N9354010	10,706	189,169	SH		OTR		5,000	0	184,169
FLEXTRONICS INTERNATIONAL LTD	COMMON	Y2573F10	274	30,233	SH		OTR		0	0	30,233
NAVIOS MARITIME HLDG INC	COMMON	Y6219610	2,259	317,392	SH		OTR		1,000	0	316,392
NAVIOS MARITIME PARTNERS L.P.	COMMON	Y6226710	191	13,100	SH		OTR		8,600	0	4,500
ABB LTD	COMMON	00037520	276	11,705	SH		OTR		0	0	11,705
AGL RESOURCES INC HOLDING CO	COMMON	00120410	2,135	46,397	SH		OTR		0	0	46,397
AT & T INC	COMMON	00206R10	9,562	282,737	SH		OTR		0	0	282,737
ABBOTT LABORATORIES	COMMON	00282410	4,489	135,262	SH		OTR		0	0	135,262
ABBVIE INC	COMMON	00287Y10	4,424	98,911	SH		OTR		0	0	98,911
ADVANTAGE OIL & GAS LTD	COMMON	00765F10	97	25,350	SH		OTR		0	0	25,350
AGENUS INC	COMMON	00847G70	5,614	2,026,900	SH		OTR		0	0	2,026,900
ALEXION PHARMACEUTICALS	COMMON	01535110	464	4,000	SH		OTR		0	0	4,000
ALLIANCE DATA SYSTEMS	COMMON	01858110	6,573	31,085	SH		OTR		2,000	0	29,085
ALTRIA GROUP, INC	COMMON	02209S10	1,324	38,564	SH		OTR		0	0	38,564
AMAZON COM INC	COMMON	02313510	338	1,082	SH		OTR		0	0	1,082
AMERICAN EXPRESS CO	COMMON	02581610	576	7,629	SH		OTR		0	0	7,629
AMERICAN STATES WATER CO	COMMON	02989910	242	8,800	SH		OTR		0	0	8,800
AMERICAN WATER WORKS COMPANY	COMMON	03042010	2,206	53,450	SH		OTR		0	0	53,450
AMGEN INC	COMMON	03116210	1,464	13,083	SH		OTR		300	0	12,783
ANADARKO PETROLEUM CORP	COMMON	03251110	4,569	49,136	SH		OTR		500	0	48,636
ANNALY CAPITAL MANAGEMENT INC	COMMON	03571040	1,412	122,000	SH		OTR		0	0	122,000
APPLE INC	COMMON	03783310	34,071	71,466	SH		OTR		630	0	70,836
APPLIED MATERIALS INC	COMMON	03822210	859	49,000	SH		OTR		0	0	49,000
AQUA AMERICA INC	COMMON	03836W10	1,505	60,875	SH		OTR		0	0	60,875
ARCHER-DANIELS-MIDLAND CO	COMMON	03948310	279	7,580	SH		OTR		0	0	7,580
ASBURY AUTOMOTIVE GROUP INC	COMMON	04343610	209	3,931	SH		OTR		0	0	3,931
ASTRAZENECA PLC SPONSORED ADR	COMMON	04635310	991	19,086	SH		OTR		0	0	19,086
AUGUSTA RESOURCES CORP	COMMON	05091220	45	22,004	SH		OTR		0	0	22,004
AURICO GOLD INC	COMMON	05155C10	1,254	329,215	SH		OTR		0	0	329,215
AUTOMATIC DATA PROCESSING INC	COMMON	05301510	2,733	37,762	SH		OTR		0	0	37,762
AVALON HOLDINGS CORP	COMMON	05343P10	287	53,500	SH		OTR		0	0	53,500
AVANIR PHARMACEUTICALS INC	COMMON	05348P40	47,184	11,154,701	SH		OTR		42,500	0	11,112,201
B B & T CORP	COMMON	05493710	1,833	54,316	SH		OTR		0	0	54,316
BCE INC - NEW	COMMON	05534B76	2,385	55,863	SH		OTR		0	0	55,863
BP PLC	COMMON	05562210	565	13,460	SH		OTR		0	0	13,460
BOFI HOLDINGS INC	COMMON	05566U10	603	9,318	SH		OTR		0	0	9,318
BANK OF AMERICA CORP NEW	COMMON	06050510	446	32,333	SH		OTR		0	0	32,333
BANK OF HAWAII	COMMON	06254010	288	5,300	SH		OTR		0	0	5,300
BANK NEW YORK MELLON CORP	COMMON	06405810	390	12,945	SH		OTR		0	0	12,945
BARNES & NOBLE, INC.	COMMON	06777410	2,852	220,460	SH		OTR		5,300	0	215,160
BAXTER INTERNATIONAL INC	COMMON	07181310	453	6,900	SH		OTR		0	0	6,900
BERKSHIRE HATHAWAY INC CL B	COMMON	08467070	28,689	252,747	SH		OTR		2,090	0	250,657
BHP BILLITON LTD	COMMON	08860610	3,557	53,502	SH		OTR		2,200	0	51,302
BOEING COMPANY	COMMON	09702310	2,133	18,157	SH		OTR		0	0	18,157
BRISTOL-MYERS SQUIBB CO	COMMON	11012210	7,417	160,269	SH		OTR		0	0	160,269
BROWN FORMAN CORP CL B	COMMON	11563720	1,359	19,952	SH		OTR		0	0	19,952
CANADIAN NATURAL RES LTD	COMMON	13638510	24,904	792,140	SH		OTR		4,700	0	787,440
CAPSTEAD MORTGAGE CORP	COMMON	14067E50	215	18,280	SH		OTR		0	0	18,280
CASTLE BRANDS INC	COMMON	14843510	11	15,000	SH		OTR		0	0	15,000
CATERPILLAR INC	COMMON	14912310	1,480	17,746	SH		OTR		0	0	17,746
CELGENE CORP	COMMON	15102010	670	4,350	SH		OTR		0	0	4,350
CENOVUS ENERGY INC	COMMON	15135U10	3,187	106,768	SH		OTR		0	0	106,768
CENVEO INCORPORATED	COMMON	15670S10	328	111,200	SH		OTR		3,568	0	107,632
CHESAPEAKE ENERGY CORP	COMMON	16516710	763	29,500	SH		OTR		0	0	29,500
CHEVRON CORP	COMMON	16676410	24,839	204,444	SH		OTR		1,200	0	203,244
CHICAGO BRIDGE & IRON CO	COMMON	16725010	1,203	17,760	SH		OTR		0	0	17,760
CHINA MOBILE ( HONG KONG)	COMMON	16941M10	607	10,760	SH		OTR		0	0	10,760
CHUBB CORPORATION	COMMON	17123210	5,972	66,911	SH		OTR		0	0	66,911
CISCO SYSTEMS INC	COMMON	17275R10	8,333	355,666	SH		OTR		7,372	0	348,294
CLOROX COMPANY	COMMON	18905410	220	2,700	SH		OTR		0	0	2,700
COCA-COLA COMPANY	COMMON	19121610	15,144	399,791	SH		OTR		2,000	0	397,791
COLGATE PALMOLIVE COMPANY	COMMON	19416210	9,465	159,622	SH		OTR		0	0	159,622
COMCAST CORP NEW	COMMON	20030N10	807	17,897	SH		OTR		2,000	0	15,897
COMCAST CORPORATION SPECIAL	COMMON	20030N20	647	14,930	SH		OTR		0	0	14,930
COMPANHIA DE BEBIDAS DAS	COMMON	20441W20	2,087	54,440	SH		OTR		0	0	54,440
CONOCOPHILLIPS	COMMON	20825C10	12,860	185,016	SH		OTR		2,700	0	182,316
CONSOLIDATED EDISON INC NEW	COMMON	20911510	1,620	29,397	SH		OTR		0	0	29,397
CONTINENTAL MATERIALS CORP	COMMON	21161530	267	16,700	SH		OTR		0	0	16,700
COPART INC	COMMON	21720410	4,159	130,834	SH		OTR		5,725	0	125,109
CORCEPT THERAPEUTICS INC	COMMON	21835210	5,061	3,183,162	SH		OTR		63,329	0	3,119,833
CORCEPT THERAPEUTICS	COMMON	21835210	3,333	2,096,504	SH		OTR		96,504	0	2,000,000
CORDIA BANCORP INC	COMMON	21851310	512	116,463	SH		OTR		8,416	0	108,047
CORENERGY INFRASTRUCTURE TRUST	COMMON	21870U20	428	61,280	SH		OTR		0	0	61,280
CORNING INCORPORATED	COMMON	21935010	335	23,021	SH		OTR		0	0	23,021
COSTCO WHOLESALE CORP	COMMON	22160K10	284	2,470	SH		OTR		0	0	2,470
CREDIT ACCEPTANCE CORPORATION	COMMON	22531010	15,907	143,561	SH		OTR		10,500	0	133,061
CREE RESEARCH INC	COMMON	22544710	309	5,150	SH		OTR		0	0	5,150
D.R. HORTON INC	COMMON	23331A10	251	12,925	SH		OTR		0	0	12,925
DTE ENERGY CO	COMMON	23333110	1,003	15,215	SH		OTR		0	0	15,215
DEERE & COMPANY	COMMON	24419910	10,703	131,511	SH		OTR		1,200	0	130,311
DELUXE CORPORATION	COMMON	24801910	1,439	34,550	SH		OTR		0	0	34,550
DEPOMED INC	COMMON	24990810	34,457	4,612,850	SH		OTR		76,100	0	4,536,750
DEVON ENERGY CORP	COMMON	25179M10	3,257	56,392	SH		OTR		1,000	0	55,392
DIAGEO PLC NEW	COMMON	25243Q20	1,945	15,309	SH		OTR		0	0	15,309
DIAMOND OFFSHORE DRILLING INC	COMMON	25271C10	3,031	48,650	SH		OTR		100	0	48,550
DIGITAL RIVER INC	CV CORP BND	25388BAB	9	10,000	PRN		OTR		0	0	10,000
DISNEY WALT (HOLDING CO)	COMMON	25468710	2,729	42,317	SH		OTR		0	0	42,317
DIRECT TV GROUP HLDGS CLASS A	COMMON	25490A30	1,937	32,407	SH		OTR		0	0	32,407
DOMINION RESOURCES INC NEW	COMMON	25746U10	1,351	21,638	SH		OTR		0	0	21,638
DONALDSON CO INC	COMMON	25765110	407	10,700	SH		OTR		0	0	10,700
DONNELLEY, R.R. & SONS COMPANY	COMMON	25786710	171	10,850	SH		OTR		0	0	10,850
DOVER CORPORATION	COMMON	26000310	743	8,275	SH		OTR		0	0	8,275
DUPONT E I DE NEMOURS & CO	COMMON	26353410	3,918	66,914	SH		OTR		0	0	66,914
DUCOMMUN INC	COMMON	26414710	11,274	393,120	SH		OTR		800	0	392,320
DUKE ENERGY CORP NEW	COMMON	26441C20	2,480	37,138	SH		OTR		133	0	37,005
DURECT CORPORATION	COMMON	26660510	918	685,290	SH		OTR		250,000	0	435,290
DYAX CORP	COMMON	26746E10	23,131	3,372,000	SH		OTR		0	0	3,372,000
EMC CORP	COMMON	26864810	2,189	85,657	SH		OTR		0	0	85,657
EQT CORPORATION	COMMON	26884L10	399	4,502	SH		OTR		0	0	4,502
EASTMAN CHEMICAL COMPANY	COMMON	27743210	335	4,302	SH		OTR		0	0	4,302
EATON VANCE SENIOR INC TRUST	COMMON	27826S10	364	51,843	SH		OTR		36,843	0	15,000
EBAY INC	COMMON	27864210	1,985	35,590	SH		OTR		0	0	35,590
ECOLAB INC	COMMON	27886510	1,301	13,175	SH		OTR		0	0	13,175
EMERSON ELECTRIC CO	COMMON	29101110	5,258	81,273	SH		OTR		0	0	81,273
ENBRIDGE INC	COMMON	29250N10	3,758	90,050	SH		OTR		1,000	0	89,050
ENBRIDGE ENERGY MGMNT L L C	COMMON	29250X10	667	23,198	SH		OTR		0	0	23,198
ENCANA CORP	COMMON	29250510	465	26,845	SH		OTR		0	0	26,845
ENERNOC INC	COMMON	29276410	1,157	77,235	SH		OTR		0	0	77,235
ENERPLUS CORPORATION	COMMON	29276610	769	46,400	SH		OTR		0	0	46,400
EXPRESS SCRIPTS HOLDING CO	COMMON	30219G10	255	4,140	SH		OTR		0	0	4,140
EXXON MOBIL CORP.	COMMON	30231G10	35,349	410,849	SH		OTR		1,500	0	409,349
FEDERAL REALTY INVT TRUST	COMMON	31374720	248	2,450	SH		OTR		0	0	2,450
FIDELITY NATL FINANCIAL INC	COMMON	31620R10	789	29,693	SH		OTR		0	0	29,693
FIRST FINANCIAL HLGDS INC	COMMON	32023E10	2,917	52,900	SH		OTR		0	0	52,900
FIRST NIAGARA FINCL GROUP INC	COMMON	33582V10	196	18,954	SH		OTR		0	0	18,954
FIRSTENERGY CORP	COMMON	33793210	667	18,316	SH		OTR		0	0	18,316
FLUOR CORP NEW	COMMON	34341210	3,991	56,247	SH		OTR		0	0	56,247
FORD MOTOR CO NEW	COMMON	34537086	344	20,407	SH		OTR		0	0	20,407
FRANKLIN RESOURCES INC	COMMON	35461310	2,622	51,870	SH		OTR		0	0	51,870
FREEPORT MCMORAN COPPER & GOLD	COMMON	35671D85	26,014	786,424	SH		OTR		6,200	0	780,224
GAMCO GLOBAL GOLD NAT'L RESO	COMMON	36465A10	586	55,500	SH		OTR		0	0	55,500
GENERAL ELECTRIC COMPANY	COMMON	36960410	17,437	729,909	SH		OTR		5,500	0	724,409
GENERAL MILLS INC	COMMON	37033410	12,827	267,696	SH		OTR		3,150	0	264,546
GETTY REALTY CORP NEW	COMMON	37429710	25,983	1,337,271	SH		OTR		17,805	0	1,319,466
GLAXO SMITH KLINE PLC ADS	COMMON	37733W10	5,168	103,015	SH		OTR		200	0	102,815
GOLDCORP INC	COMMON	38095640	3,258	125,290	SH		OTR		4,800	0	120,490
GOOGLE INC	COMMON	38259P50	8,852	10,107	SH		OTR		156	0	9,951
GRAN TIERRA ENERGY INC	COMMON	38500T10	33,357	4,704,853	SH		OTR		2,700	0	4,702,153
GREAT LAKES DREDGE & DOCK CORP	COMMON	39060710	96	13,000	SH		OTR		0	0	13,000
GREIF INC CL B	COMMON	39762420	1,049	19,700	SH		OTR		0	0	19,700
HCP INC	COMMON	40414L10	1,172	28,629	SH		OTR		0	0	28,629
HSBC HOLDINGS PLC ADR	COMMON	40428040	568	10,475	SH		OTR		0	0	10,475
HAIN CELESTIAL GRP INC	COMMON	40521710	200	2,606	SH		OTR		0	0	2,606
HATTERAS FINANCIAL CORP	COMMON	41902R10	1,188	63,515	SH		OTR		0	0	63,515
HEALTH CARE REIT, INC	COMMON	42217K10	814	13,054	SH		OTR		0	0	13,054
HECLA MINING COMPANY	COMMON	42270410	744	237,024	SH		OTR		0	0	237,024
HERSHEY FOODS CORP.	COMMON	42786610	1,021	11,048	SH		OTR		0	0	11,048
HEXCEL CORP	COMMON	42829110	97,079	2,502,054	SH		OTR		26,400	0	2,475,654
HOME DEPOT, INC	COMMON	43707610	9,001	118,674	SH		OTR		0	0	118,674
HONEYWELL INTERNATIONAL NEW	COMMON	43851610	369	4,447	SH		OTR		0	0	4,447
HOWARD HUGHES CORP	COMMON	44267D10	12,803	113,937	SH		OTR		2,500	0	111,437
HUBBELL INC CLASS B	COMMON	44351020	251	2,400	SH		OTR		0	0	2,400
HUDSON CITY BANCORP INC	COMMON	44368310	276	30,546	SH		OTR		0	0	30,546
ILLINOIS TOOL WORKS INC	COMMON	45230810	1,343	17,616	SH		OTR		0	0	17,616
INTEL CORPORATION	COMMON	45814010	4,906	214,076	SH		OTR		5,250	0	208,826
INTL BUSINESS MACHINES CORP	COMMON	45920010	6,615	35,724	SH		OTR		920	0	34,804
INTERNATIONAL PAPER CO.	COMMON	46014610	799	17,840	SH		OTR		0	0	17,840
INTERNET PATENTS CORP	COMMON	46063G10	42	13,385	SH		OTR		0	0	13,385
INVESCO VAN KAMPEN SR INC	COMMON	46131H10	191	36,400	SH		OTR		36,400	0	0
IRON MOUNTAIN INC	COMMON	46284610	2,710	100,325	SH		OTR		5,444	0	94,881
ITRON INC	COMMON	46574110	241	5,650	SH		OTR		0	0	5,650
J P MORGAN CHASE & CO	COMMON	46625H10	16,417	317,610	SH		OTR		1,800	0	315,810
JACOBS ENGINEERING GROUP INC.	COMMON	46981410	249	4,280	SH		OTR		0	0	4,280
JOHNSON & JOHNSON	COMMON	47816010	18,417	212,453	SH		OTR		0	0	212,453
JOHNSON CONTROLS INC	COMMON	47836610	2,568	61,902	SH		OTR		800	0	61,102
KBR INC	COMMON	48242W10	5,484	168,045	SH		OTR		400	0	167,645
KELLOGG COMPANY	COMMON	48783610	986	16,796	SH		OTR		0	0	16,796
KIMBERLY-CLARK CORPORATION	COMMON	49436810	3,741	39,714	SH		OTR		0	0	39,714
KINDER MORGAN MGMNT LLC	COMMON	49455U10	686	9,152	SH		OTR		0	0	9,152
KINDER MORGAN INC	COMMON	49456B10	1,500	42,184	SH		OTR		400	0	41,784
KORN FERRY INTERNATIONAL	COMMON	50064320	616	28,800	SH		OTR		0	0	28,800
KRAFT FOODS GROUP INC	COMMON	50076Q10	4,528	86,293	SH		OTR		0	0	86,293
LABORATORY CORP. OF AMERICA	COMMON	50540R40	243	2,460	SH		OTR		0	0	2,460
LANDAUER INC	COMMON	51476K10	814	15,900	SH		OTR		0	0	15,900
LEUCADIA NATIONAL CORP	COMMON	52728810	760	27,935	SH		OTR		0	0	27,935
LIBERTY MEDIA C	COMMON	53122910	206	1,402	SH		OTR		0	0	1,402
LIFE TIME FITNESS INC	COMMON	53217R20	2,043	39,710	SH		OTR		3,000	0	36,710
LILLY, ELI & CO	COMMON	53245710	1,253	24,913	SH		OTR		0	0	24,913
LO-JACK CORP	COMMON	53945110	2,852	891,354	SH		OTR		31,600	0	859,754
LOWES COMPANIES, INC	COMMON	54866110	1,260	26,469	SH		OTR		0	0	26,469
MDU RESOURCES GROUP, INC	COMMON	55269010	3,089	110,450	SH		OTR		0	0	110,450
MTS SYSTEMS CORP	COMMON	55377710	759	11,800	SH		OTR		0	0	11,800
MARATHON OIL CORP NEW	COMMON	56584910	1,534	43,992	SH		OTR		0	0	43,992
MARATHON PETROLEUM CORP	COMMON	56585A10	1,484	23,076	SH		OTR		0	0	23,076
MC CORMICK & CO, INC NON-VTNG	COMMON	57978020	353	5,458	SH		OTR		0	0	5,458
MCDERMOTT INTERNATIONAL INC	COMMON	58003710	635	85,555	SH		OTR		0	0	85,555
MCDONALD'S CORPORATION	COMMON	58013510	896	9,316	SH		OTR		0	0	9,316
MCKESSON CORPORATION	COMMON	58155Q10	6,853	53,417	SH		OTR		0	0	53,417
MEDIFAST INC	COMMON	58470H10	1,447	53,826	SH		OTR		0	0	53,826
MEDTRONIC, INC	COMMON	58505510	301	5,671	SH		OTR		0	0	5,671
MENTOR GRAPHICS CORP	COMMON	58720010	208	8,922	SH		OTR		0	0	8,922
MERCK & CO INC NEW	COMMON	58933Y10	9,979	209,619	SH		OTR		0	0	209,619
METHANEX CORP	COMMON	59151K10	10,317	201,245	SH		OTR		200	0	201,045
MICROSOFT CORP	COMMON	59491810	15,845	476,141	SH		OTR		4,100	0	472,041
MIDWAY GOLD CORP	COMMON	59815310	154	161,915	SH		OTR		0	0	161,915
MILLER, HERMAN INC	COMMON	60054410	294	10,100	SH		OTR		0	0	10,100
MOBILE MINI INC	COMMON	60740F10	1,758	51,630	SH		OTR		0	0	51,630
MONDELEZ INTL INC	COMMON	60920710	3,616	115,086	SH		OTR		0	0	115,086
MONMOUTH REAL EST INVST CORP	COMMON	60972010	332	36,700	SH		OTR		0	0	36,700
MONSANTO COMPANY (NEW)	COMMON	61166W10	486	4,659	SH		OTR		0	0	4,659
MOODYS CORP	COMMON	61536910	336	4,786	SH		OTR		0	0	4,786
MORGAN STANLEY EMERGING	COMMON	61744H10	200	20,000	SH		OTR		0	0	20,000
MOSYS, INC	COMMON	61971810	21,815	5,864,385	SH		OTR		86,000	0	5,778,385
MUELLER INDUSTRIES INC	COMMON	62475610	363	6,525	SH		OTR		0	0	6,525
MYRIAD GENETICS INC	COMMON	62855J10	3,819	162,535	SH		OTR		1,200	0	161,335
NYSE EURONEXT INC	COMMON	62949110	1,846	43,975	SH		OTR		0	0	43,975
NATIONAL FUEL GAS COMPANY	COMMON	63618010	611	8,900	SH		OTR		0	0	8,900
NATL PENNSYLVANIA BANCSHARES	COMMON	63713810	469	46,700	SH		OTR		0	0	46,700
NEUSTAR INC	COMMON	64126X20	5,023	101,522	SH		OTR		2,250	0	99,272
NEW GOLD INC	COMMON	64453510	3,348	559,935	SH		OTR		0	0	559,935
NEW JERSEY RESOURCES CORP	COMMON	64602510	544	12,372	SH		OTR		0	0	12,372
NEWELL RUBBERMAID INC	COMMON	65122910	4,564	165,967	SH		OTR		0	0	165,967
NEWMONT MINING CORP.	COMMON	65163910	1,324	47,136	SH		OTR		0	0	47,136
NEWTEK BUSINESS SERVICES INC	COMMON	65252610	31	10,671	SH		OTR		0	0	10,671
NEXTERA ENERGY INC	COMMON	65339F10	1,044	13,028	SH		OTR		0	0	13,028
NIKE INC. CLASS B	COMMON	65410610	258	3,560	SH		OTR		0	0	3,560
NISOURCE INC	COMMON	65473P10	1,599	51,791	SH		OTR		0	0	51,791
NOBLE ENERGY INC	COMMON	65504410	464	6,932	SH		OTR		0	0	6,932
NORFOLK SOUTHERN CORPORATION	COMMON	65584410	964	12,471	SH		OTR		0	0	12,471
NORTH AMERICAN PALLADIUM	COMMON	65691210	20	21,000	SH		OTR		0	0	21,000
NORTHERN OIL & GAS INC	COMMON	66553110	290	20,110	SH		OTR		3,000	0	17,110
NORTHWEST NATURAL GAS CO	COMMON	66765510	952	22,701	SH		OTR		0	0	22,701
NOVARTIS A G	COMMON	66987V10	2,927	38,159	SH		OTR		0	0	38,159
OGE ENERGY CORP	COMMON	67083710	5,714	158,352	SH		OTR		0	0	158,352
NUVERRA ENVIROMENTAL SOLUTIONS	COMMON	67091K10	70	30,950	SH		OTR		21,000	0	9,950
OCCIDENTAL PETROLEUM CORP	COMMON	67459910	294	3,146	SH		OTR		0	0	3,146
OMNICARE, INC.	COMMON	68190410	3,543	63,841	SH		OTR		0	0	63,841
OMEROS CORP	COMMON	68214310	12,364	1,268,185	SH		OTR		70,000	0	1,198,185
ONEOK INC NEW	COMMON	68268010	7,043	132,094	SH		OTR		0	0	132,094
ORACLE CORP	COMMON	68389X10	22,300	672,307	SH		OTR		10,087	0	662,220
OWENS & MINOR INC (HLDG CO.)	COMMON	69073210	371	10,737	SH		OTR		0	0	10,737
OXFORD LANE CAPITAL CORP	COMMON	69154310	1,133	73,872	SH		OTR		251	0	73,621
PDL BIOPHARMA INC	COMMON	69329Y10	204	25,600	SH		OTR		0	0	25,600
PICO HOLDINGS INC	COMMON	69336620	761	35,155	SH		OTR		0	0	35,155
PNC FINANCIAL SERVICES GRP INC	COMMON	69347510	397	5,489	SH		OTR		0	0	5,489
PALL CORPORATION	COMMON	69642930	554	7,200	SH		OTR		0	0	7,200
PAN AMERICAN SILVER CORP	COMMON	69790010	981	93,000	SH		OTR		0	0	93,000
PARKER-HANNIFIN CORPORATION	COMMON	70109410	1,749	16,088	SH		OTR		0	0	16,088
PEABODY ENERGY CORP	COMMON	70454910	304	17,660	SH		OTR		0	0	17,660
PEMBINA PIPELINE CORP	COMMON	70632710	3,033	91,557	SH		OTR		0	0	91,557
PEPSICO INC	COMMON	71344810	15,581	195,996	SH		OTR		2,100	0	193,896
PERRIGO CO	COMMON	71429010	203	1,650	SH		OTR		0	0	1,650
PETSMART INC	COMMON	71676810	327	4,300	SH		OTR		0	0	4,300
PFIZER INC	COMMON	71708110	25,385	883,732	SH		OTR		0	0	883,732
PHILIP MORRIS INTERNATIONAL	COMMON	71817210	3,402	39,295	SH		OTR		0	0	39,295
PHILLIPS 66	COMMON	71854610	4,496	77,762	SH		OTR		2,050	0	75,712
PHOTOMEDEX INC	COMMON	71935830	483	30,400	SH		OTR		10,000	0	20,400
PINNACLE WEST CAPITAL CORP	COMMON	72348410	870	15,900	SH		OTR		0	0	15,900
PIONEER NATURAL RESOURCES CO	COMMON	72378710	222,723	1,179,682	SH		OTR		75	0	1,179,607
PLUM CREEK TIMBER COMPANY INC	COMMON	72925110	450	9,625	SH		OTR		0	0	9,625
POLYPORE INTERNATIONAL INC	COMMON	73179V10	421	10,300	SH		OTR		0	0	10,300
PRAXAIR, INC	COMMON	74005P10	346	2,882	SH		OTR		0	0	2,882
PROCTER & GAMBLE CO	COMMON	74271810	32,381	428,381	SH		OTR		2,250	0	426,131
PROSPERITY BANCSHARES INC	COMMON	74360610	211	3,420	SH		OTR		0	0	3,420
PUBLIC SERVICE ENTERPRISE GRP	COMMON	74457310	366	11,141	SH		OTR		0	0	11,141
QEP RESOURCES INC	COMMON	74733V10	350	12,645	SH		OTR		0	0	12,645
QUALCOMM, INC	COMMON	74752510	684	10,169	SH		OTR		800	0	9,369
QUANTA SERVICES INC	COMMON	74762E10	701	25,500	SH		OTR		0	0	25,500
QUESTAR CORP	COMMON	74835610	2,498	111,115	SH		OTR		0	0	111,115
QUINSTREET INC	COMMON	74874Q10	478	50,675	SH		OTR		0	0	50,675
RPM INTERNATIONAL INC	COMMON	74968510	662	18,300	SH		OTR		0	0	18,300
RANGE RESOURCES CORP	COMMON	75281A10	1,745	22,999	SH		OTR		0	0	22,999
REAVES UTILITY INCOME FUND	COMMON	75615810	436	17,400	SH		OTR		0	0	17,400
RENTRAK CORP	COMMON	76017410	3,865	118,488	SH		OTR		1,000	0	117,488
REPUBLIC SERVICE INC	COMMON	76075910	1,098	32,938	SH		OTR		0	0	32,938
RITE AID CORP	COMMON	76775410	140	29,493	SH		OTR		18,825	0	10,668
ROGERS COMMUNICATIONS INC CL B	COMMON	77510920	348	8,100	SH		OTR		0	0	8,100
ROPER INDUSTRIES, INC NEW	COMMON	77669610	11,967	90,070	SH		OTR		400	0	89,670
ROSETTA RESOURCES INC	COMMON	77777930	441	8,112	SH		OTR		0	0	8,112
ROYAL DUTCH SHELL PLC	COMMON	78025920	1,612	24,556	SH		OTR		0	0	24,556
SEI INVESTMENTS CO	COMMON	78411710	2,583	83,574	SH		OTR		5,000	0	78,574
SANOFI	COMMON	80105N10	871	17,209	SH		OTR		300	0	16,909
SCANA CORP. (NEW)	COMMON	80589M10	628	13,642	SH		OTR		0	0	13,642
SCHLUMBERGER LIMITED	COMMON	80685710	3,526	39,910	SH		OTR		1,000	0	38,910
SEALED AIR CORPORATION NEW	COMMON	81211K10	13,722	504,706	SH		OTR		12,700	0	492,006
SEATTLE GENETICS INC	COMMON	81257810	1,815	41,415	SH		OTR		0	0	41,415
SEMPRA ENERGY	COMMON	81685110	201	2,350	SH		OTR		0	0	2,350
SHIRE PHARMACEUTICALS GROUP	COMMON	82481R10	291	2,435	SH		OTR		0	0	2,435
SIGMA-ALDRICH CORPORATION	COMMON	82655210	340	3,990	SH		OTR		0	0	3,990
SILVERCREST MINES INC	COMMON	82836510	594	335,906	SH		OTR		220,000	0	115,906
SIMON PROPERTY GROUP INC	COMMON	82880610	296	2,002	SH		OTR		0	0	2,002
SMUCKER JM CO NEW	COMMON	83269640	4,214	40,125	SH		OTR		0	0	40,125
SOUTH JERSEY INDUSTRIES INC.	COMMON	83851810	610	10,415	SH		OTR		0	0	10,415
SOUTHERN COMPANY	COMMON	84258710	389	9,466	SH		OTR		0	0	9,466
SPECTRA ENERGY CORP	COMMON	84756010	2,993	87,447	SH		OTR		0	0	87,447
SPROTT PHYSICAL PLATINUM PAL	COMMON	85207Q10	116	13,100	SH		OTR		10,000	0	3,100
STANLEY BLACK & DECKER INC	COMMON	85450210	407	4,501	SH		OTR		0	0	4,501
STATE STREET CORPORATION	COMMON	85747710	336	5,120	SH		OTR		800	0	4,320
STRATUS PROPERTIES INC NEW	COMMON	86316720	17,397	1,298,284	SH		OTR		455	0	1,297,829
STRYKER CORP	COMMON	86366710	1,070	15,840	SH		OTR		0	0	15,840
SUNCOR ENERGY INC NEW	COMMON	86722410	3,958	110,633	SH		OTR		6,850	0	103,783
SUPERIOR ENERGY SERVICES INC	COMMON	86815710	1,103	44,050	SH		OTR		2,100	0	41,950
SUPERVALU INC	COMMON	86853610	909	110,525	SH		OTR		0	0	110,525
SUPPORT.COM INC	COMMON	86858W10	2,193	402,390	SH		OTR		0	0	402,390
SYMANTEC CORP	COMMON	87150310	208	8,443	SH		OTR		0	0	8,443
SYNGENTA AG SPONSORED ADR	COMMON	87160A10	695	8,550	SH		OTR		0	0	8,550
SYSCO CORPORATION	COMMON	87182910	204	6,420	SH		OTR		0	0	6,420
SYSTEMAX INC	COMMON	87185110	1,325	143,038	SH		OTR		3,000	0	140,038
TECO ENERGY, INC	COMMON	87237510	272	16,497	SH		OTR		0	0	16,497
TALISMAN ENERGY INC	COMMON	87425E10	148	12,875	SH		OTR		0	0	12,875
TARGET CORP	COMMON	87612E10	1,181	18,468	SH		OTR		0	0	18,468
TASEKO MINES LTD	COMMON	87651110	100	49,306	SH		OTR		7,000	0	42,306
TEMPLETON DRAGON FUND, INC	COMMON	88018T10	200	7,700	SH		OTR		0	0	7,700
TETRA TECH INC	COMMON	88162G10	207	8,000	SH		OTR		0	0	8,000
TEXAS INSTRUMENTS INC.	COMMON	88250810	638	15,855	SH		OTR		0	0	15,855
THOMSON CORPORATION (THE)	COMMON	88490310	714	20,418	SH		OTR		0	0	20,418
3M COMPANY	COMMON	88579Y10	1,603	13,432	SH		OTR		0	0	13,432
TIME WARNER INC NEW	COMMON	88731730	408	6,206	SH		OTR		0	0	6,206
TIMMINS GOLD CORP	COMMON	88741P10	41	25,000	SH		OTR		0	0	25,000
TORCHMARK CORP	COMMON	89102710	8,885	122,807	SH		OTR		0	0	122,807
TORONTO-DOMINION BANK	COMMON	89116050	267	2,977	SH		OTR		0	0	2,977
TOTAL S.A.	COMMON	89151E10	345	5,970	SH		OTR		0	0	5,970
TRACTOR SUPPLY CO	COMMON	89235610	1,685	12,543	SH		OTR		0	0	12,543
TRANSCANADA CORP	COMMON	89353D10	298	6,800	SH		OTR		0	0	6,800
TWO HARBORS INVESTMENT CORP	COMMON	90187B10	138	14,300	SH		OTR		14,000	0	300
USEC INC	CV CORP BND	90333EAC	156	680,000	PRN		OTR		0	0	680,000
UNILEVER PLC(NEW)ADS(RP4 ORD)	COMMON	90476770	4,043	104,815	SH		OTR		0	0	104,815
UNILEVER NV NEW	COMMON	90478470	5,160	136,816	SH		OTR		0	0	136,816
UNION PACIFIC CORPORATION	COMMON	90781810	3,979	25,619	SH		OTR		0	0	25,619
UNITED PARCEL SVC INC.	COMMON	91131210	499	5,466	SH		OTR		0	0	5,466
UNITED TECHNOLOGIES CORP	COMMON	91301710	18,097	167,847	SH		OTR		1,600	0	166,247
UNIVERSAL ELECTRONICS INC	COMMON	91348310	288	8,000	SH		OTR		0	0	8,000
UNIVERSAL HEALTH SVCS CL B	COMMON	91390310	224	3,000	SH		OTR		0	0	3,000
VANGUARD FTSE ALL-WORLD EX-U	COMMON	92204277	230	4,740	SH		OTR		0	0	4,740
VECTREN CORP	COMMON	92240G10	573	17,200	SH		OTR		0	0	17,200
VERIZON COMMUNICATIONS	COMMON	92343V10	6,373	136,545	SH		OTR		0	0	136,545
VERISK ANALYTICS	COMMON	92345Y10	1,194	18,388	SH		OTR		0	0	18,388
VERMILION ENERGY INC	COMMON	92372510	2,435	44,339	SH		OTR		1,500	0	42,839
VIACOM INC	COMMON	92553P20	732	8,764	SH		OTR		0	0	8,764
VICAL INCORPORATED	COMMON	92560210	269	215,711	SH		OTR		0	0	215,711
VISA INC	COMMON	92826C83	1,093	5,720	SH		OTR		0	0	5,720
VODAFONE GROUP PLC ADR	COMMON	92857W20	30,822	876,139	SH		OTR		7,800	0	868,339
WADDELL & REED FINANCIAL	COMMON	93005910	2,539	49,323	SH		OTR		0	0	49,323
WAL-MART STORES, INC	COMMON	93114210	2,059	27,850	SH		OTR		0	0	27,850
WALGREEN CO	COMMON	93142210	455	8,475	SH		OTR		0	0	8,475
WASTE MANAGEMENT NEW	COMMON	94106L10	1,167	28,300	SH		OTR		0	0	28,300
WATERS CORP	COMMON	94184810	1,568	14,770	SH		OTR		0	0	14,770
WATSCO INC	COMMON	94262220	213	2,260	SH		OTR		0	0	2,260
WELLS FARGO & CO NEW	COMMON	94974610	1,975	47,815	SH		OTR		2,600	0	45,215
WEYERHAEUSER CO	COMMON	96216610	1,153	40,305	SH		OTR		0	0	40,305
WILLIAMS COMPANIES, INC	COMMON	96945710	93,925	2,583,202	SH		OTR		41,718	0	2,541,484
WORLD ACCEPTANCE CORPORATION	COMMON	98141910	10,236	113,838	SH		OTR		6,000	0	107,838
WPX ENERGY INC	COMMON	98212B10	17,352	900,980	SH		OTR		61,192	0	839,788
XCEL ENERGY INC	COMMON	98389B10	329	11,944	SH		OTR		0	0	11,944
XEROX CORP	COMMON	98412110	486	47,300	SH		OTR		0	0	47,300
YAHOO INC	COMMON	98433210	264	7,960	SH		OTR		0	0	7,960
YAMANA GOLD INC	COMMON	98462Y10	2,316	222,741	SH		OTR		7,000	0	215,741
ZIMMER HOLDINGS	COMMON	98956P10	2,285	27,822	SH		OTR		0	0	27,822